BMW and Daimler let Apple flash off with iCar

Apple is suffering a setback in its expansion into the car market. According to “Handelsblatt” both BMW and Daimler reject a partnership with the IT giant. BMW headquarters in Munich Thursday, 21.04.2016 10:56 The US company Apple apparently failed with his attempt, along with BMW or Daimler to build a car. Appropriate negotiations are over,… Continue reading BMW and Daimler let Apple flash off with iCar

Fiat Chrysler participates in Alliance for Robot Cars

Fiat Chrysler is the first manufacturer to join the BMW Alliance for self-driving cars. This is growing the alliance against powerful IT rivals from the Silicon Valley. Fiat Chrysler boss Sergio Marchionne Wednesday, 16.08.2017 13:26 clock Fiat Chrysler wants to work with you in the future BMW and the US chip specialist Intel Assistance Systems… Continue reading Fiat Chrysler participates in Alliance for Robot Cars

Poly Group Invests $400M As Part Of Didi’s New Funding Round

Chinese state-owned real estate conglomerate Poly Group has invested US$400 million in Didi Chuxing as the country’s largest ride share company’s latest US$7.3 billion financing round announced last week. Poly, which invested through two vehicles managed by Poly Capital Management, will in turn obtain a 1.45% of Didi Chuxing at a valuation of over US$27.6… Continue reading Poly Group Invests $400M As Part Of Didi’s New Funding Round

Ford EcoSport review

The Ford EcoSport has never been a favourite of ours, but credit where it’s due: the most recent facelift means that it’s more of a threat to rival compact crossovers than before. In particular, that’s thanks to big aesthetic improvements in the cabin brought about by a smart new Fiesta-inspired dashboard. The addition of some… Continue reading Ford EcoSport review

China Life Insurance To Invest $600M In Didi Chuxing

China’s largest ride share company Didi Chuxing has received a US$600 million investment from China Life Insurance Co. Ltd., following a US$1 billion injection from Apple Inc and a US$400 million infusion from Alibaba Group Holdings Ltd. and its Internet finance unit Ant Financial last month. According to Tencent Technology citing a company announcement, China… Continue reading China Life Insurance To Invest $600M In Didi Chuxing