Intel: Mobileye and WILLER Partner on Self-Driving Mobility Solutions for Japan, Southeast Asia

[embedded content] JERUSALEM, Israel, and OSAKA, Japan, July 8, 2020 – Mobileye, an Intel Company, and WILLER, one of the largest transportation operators in Japan, Taiwan and the Southeast Asian region, today announced a strategic collaboration to launch an autonomous robotaxi service in Japan and markets across Southeast Asia, including Taiwan. Beginning in Japan, the… Continue reading Intel: Mobileye and WILLER Partner on Self-Driving Mobility Solutions for Japan, Southeast Asia

@VW Group: Reorganization of TRATON’s Board of Management – Andreas Renschler to hand over management to Matthias Gründler

TRATON SE is reorganizing its Board of Management team. With effect of July 15, 2020, Andreas Renschler will be handing over the chair of the Board of Management to Matthias Gründler, who was CFO of the commercial vehicle manufacturer with the brands MAN, Scania and Volkswagen Caminhões e Ônibus until May 2018. Dr. Andreas Tostmann,… Continue reading @VW Group: Reorganization of TRATON’s Board of Management – Andreas Renschler to hand over management to Matthias Gründler

@VW Group: Andreas Renschler leaving Group Board of Management of Volkswagen AG

Andreas Renschler will be leaving the Board of Management of Volkswagen AG and the Board of Management of TRATON SE with effect as of July 15th 2020. Mr. Renschler is leaving the company by best mutual consent. This was announced by the company on Tuesday in Wolfsburg. Mr. Renschler’s successor as Chairman of the Board… Continue reading @VW Group: Andreas Renschler leaving Group Board of Management of Volkswagen AG

British Gas Places UK’s Largest Commercial EV Order

British Gas makes largest UK commercial EV order with Vauxhall British Gas has ordered 1,000 of the new all-electric Vivaro-e van from Vauxhall for its engineersThis represents the largest electric vehicle order for a commercial fleet in the UKBritish Gas has the third largest commercial fleet in the country and is committed to fully electrifying… Continue reading British Gas Places UK’s Largest Commercial EV Order

Audi Q4 Sportback E-Tron Concept Presents Audi’s Version Of The VW ID.4

Volkswagen has always been successful in differentiating its vehicles with common platforms. Our question is how it will keep doing so with electric cars. After Seat presented the el-Born, its version for the VW ID.3, we already pointed out they will be very similar. The story repeats itself with the Audi Q4 Sportback e-tron. If… Continue reading Audi Q4 Sportback E-Tron Concept Presents Audi’s Version Of The VW ID.4

ALYI – Alternet Sustainable EV Ride-share Business Accelerates Amid Industry Momentum

DALLAS, July 7, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed a $2.5 million prefunding deal in conjunction with a recently announced $25 million first tranche investment at a $50 million enterprise valuation that is anticipated to close within the next 90 days (see more investment details below). The $2.5 million confirmation is made in… Continue reading ALYI – Alternet Sustainable EV Ride-share Business Accelerates Amid Industry Momentum

MKH Capital Partners launches express car wash platform Clean Streak Ventures

MIAMI, July 7, 2020 /PRNewswire/ — MKH Capital Partners, a Miami-based private equity firm, announces the launch of its express car wash platform, Clean Streak Ventures (“Clean Streak” or the “Company”) and the hiring of Tom Welter as Chief Executive Officer. Established in November 2019, Clean Streak is a national car wash platform that currently operates… Continue reading MKH Capital Partners launches express car wash platform Clean Streak Ventures

Indian automakers cut investments in loss-making EV subsidiaries

The ongoing industry crisis arising out of the Covid-19-driven lockdowns, other strategic and geo-political factors are compelling some leading Indian automotive companies to write off investments in their ailing foreign subsidiaries, particularly in the electric vehicle (EV) space.  Bharat Forge plugs out of Tevva Motors, re-aligns TorkPune-based Bharat Forge is the latest automotive company to… Continue reading Indian automakers cut investments in loss-making EV subsidiaries

@BMW: BMW Group increases sales of electrified vehicles in first half-year, despite COVID-19

Munich. As expected, BMW Group sales figures for the first six months of this year were impacted by the effects of the temporary closure of retail outlets worldwide. The company delivered a total of 962,575 (-23.0%) premium BMW, MINI and Rolls-Royce vehicles to customers worldwide in the first half-year. “We are following the development of… Continue reading @BMW: BMW Group increases sales of electrified vehicles in first half-year, despite COVID-19

Ola partners PhonePe for digital payment solutions

Shared mobility service provider Ola has entered into a strategic partnership with PhonePe, a digital payment platform. With this integration, Ola users can will get seamless payment experience on the mobile app. Ola says this move is part of its commitment to continuously introduce convenient, reliable and innovative solutions to ease the mobility experience, while… Continue reading Ola partners PhonePe for digital payment solutions