Detroit Electric shares outline sketches of three future models to be unveiled over the next three years EV manufacturer is recruiting 150 – 200 engineers to support ambitious EV development programmes Staffing drive is enabled by US$1.8 billion dollar joint venture deal Millbrook, UK, 6 September – UK-based electric vehicle start-up, Detroit Electric, today presents… Continue reading Wed 06 Sep 2017 Detroit Electric outlines plans for new pure electric sports car, crossover and saloon UK-based electric vehicle startup, Detroit Elec…
Tag: Electric vehicles
Mobike’s First Day Explains The Power Of Bike Sharing In China
Whenever I see a small company having a startling large impact on the world, I look for an engine. I look for something that is amplifying what a relatively small number of people are doing. For example, the engine that rocketed Facebook (and Wechat) upwards was the economics and psychology of social media (plus viral… Continue reading Mobike’s First Day Explains The Power Of Bike Sharing In China
How Self-Driving Electric Cars Will Change the American Road Trip
September 1, 2017, 8:00 AM EDT
Semi-annual report suggests SAIC Motor development decisions
SAIC Motor Corporation Limited (SAIC Motor) released its semi-annual report on Aug 30, summarizing its performance in the first half of 2017. According to the report, from January to June SAIC Motor sold 31.75 million vehicles, a year-on-year increase of 5.8 percent; domestic market share increased to 23 percent; operating income hit 396.4 billion yuan… Continue reading Semi-annual report suggests SAIC Motor development decisions
Future Mobility Raises $200 Million In Financing Round At $750 Million Valuation
Chinese electric vehicle manufacturer Future Mobility Corp. has raised a new funding round worth US$200 million from a group of unnamed investment institutions and large enterprises, according to a securities disclosure document. The round values the company, founded in 2016 by two veteran automobile executives from BMW Group and Infiniti China, at US$750 million post-money,… Continue reading Future Mobility Raises $200 Million In Financing Round At $750 Million Valuation
Panasonic’s “Vehicular High-precision Angle Sensor” – Detects Rotation Angle of Vehicular Motors with Superior Accuracy
About the “A3MR” (A-cubed MR) The “Vehicular High-precision Angle Sensor” or the “A3MR” Panasonic unveiled in March 2017 is a sensor device that detects the rotation angle of vehicular motors with superior precision. The 3 “A”s of the “A3MR” stands for:Anisotropic (AMR – Anisotropic Magneto Resistance element)Absolute (Absolute angle measurement)Accurate (Accurate detection) “A3MR” is a… Continue reading Panasonic’s “Vehicular High-precision Angle Sensor” – Detects Rotation Angle of Vehicular Motors with Superior Accuracy
Tesla Is Starting to Face Serious Competition
July 5, 2017, 11:25 AM EDT
Mobike Starts Selling Raincoats In First Attempt To Monetize Via E-Commerce
Shanghai-based bike sharing company Mobike has begin a trial to monetize its vast network of five million bikes around 100 cities globally by selling raincoats at RMB268 (US$39.5) apiece, in its first major attempt to make money outside of charging users for rides. The company, which has raised nearly US$1 billion this year at a… Continue reading Mobike Starts Selling Raincoats In First Attempt To Monetize Via E-Commerce
LeEco Founder Jia Yueting Sells Stake In US EV Firm Lucid Motors
Amidst an ongoing liquidity crisis, the founder of Chinese tech conglomerate LeEco has sold his stake in Menlo Park, California-based electric vehicle company Lucid Motors. Jia Yueting, who once dreamed of creating a Chinese tech juggernaut combining the attributes of Netflix, Apple and Tesla, revealed the news of his divestment last week during an especially… Continue reading LeEco Founder Jia Yueting Sells Stake In US EV Firm Lucid Motors
New Taxify Category
Estonian Parliament recently accepted a new transportation law, which set same rules for both private and taxi drivers. Taxify will now merge Private and Taxi categories into a New Taxify category that will provide the biggest fleet in Tallinn and the fastest arrival times. Ride prices are now calculated with the Taxify app and all cars will follow the same quality… Continue reading New Taxify Category