Over the past few years, Chinese automaker giant BYD has been on a partnership spree with cities across China to electrify their public transportation systems, and now it’s extending its footprint across the globe. On Thursday, BYD announced that it has shipped 100 electric buses to Santiago, the capital city of Chile. The step marks… Continue reading China’s BYD further drives into Chile with 100 electric buses
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Tesla cuts China prices after tariff drop on U.S.-made cars
Cars pass by the Tesla Inc. Gigafactory 2, which is also known as RiverBend, a joint venture with Panasonic to produce solar panels and roof tiles in Buffalo, New York, U.S., August 3, 2018. REUTERS/Brendan McDermid BEIJING (Reuters) – Tesla Inc (TSLA.O) has cut prices on its Model S and Model X vehicles in China… Continue reading Tesla cuts China prices after tariff drop on U.S.-made cars
India’s Motherson Sumi in early merger talks with German peer Leoni
December 14, 2018 Indian car wiring maker Motherson Sumi Systems Ltd is in early talks with German peer Leoni AG over a possible merger of the pair, two people close to the matter said. The car industry and its suppliers, facing a regulatory crackdown on diesel emissions and a slump in China, have issued a… Continue reading India’s Motherson Sumi in early merger talks with German peer Leoni
BMW Group extends mobility service offer in China by launching a Ride-Hailing business based in Chengdu
Munich. Today, the BMW Group announced the launch of its Ride-Hailing service in Chengdu, the capital city of the Chinese province Sichuan as part of its premium mobility brand ReachNow. The BMW Group is the first foreign company in China to obtain a license to operate a Ride-Hailing service. By adding an additional premium mobility… Continue reading BMW Group extends mobility service offer in China by launching a Ride-Hailing business based in Chengdu
Lightyear starts partnership with LeasePlan for Lightyear One
We are pleased to announce that Lightyear will partner with LeasePlan, and that Lightyear One will soon be available for reservations in a lease construction.
The partnership with Leaseplan is a natural outcome of the mutual pioneering role that Lightyear and LeasePlan both play in the area of sustainability. At Lightyear our goal is to provide clean mobility for everyone, where Leaseplan has the goal to get their entire fleet of lease cars fully emission free by 2030. Offering Lightyear One in a lease construction via is contributing to both Lightyear’s and LeasePlan’s company goals. Besides, this will make the Lightyear One accessible for a broad business audience. Our mutual goal was also underlined by the joint participation at the COP 24 climate summit in Katowice.
“With this cooperation we have on-boarded a big partner that can support Lightyear with a solid European network”
Lex Hoefsloot – CEO Lightyear
Lex Hoefsloot with Managing Director Erik Henstra
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UPDATE 1-Renault finds no irregularities in Ghosn pay audit
(Adds detail, background) By Laurence Frost and Gilles Guillaume PARIS, Dec 13 (Reuters) – Renault said on Thursday an audit launched in the wake of Chairman and CEO Carlos Ghosn’s arrest in Japan had so far found no irregularities with his pay at the French carmaker. Renault’s statement, issued after a five-hour board meeting, did… Continue reading UPDATE 1-Renault finds no irregularities in Ghosn pay audit
Getaround to expand Uber partnership to four more cities
Getaround, the peer-to-peer car-sharing service that first launched at TechCrunch Disrupt NY in 2011, is expanding a partnership with Uber that gives users access to rideshare-ready vehicles. The program, which launched as a pilot in May 2017 in San Francisco, is now available to Getaround customers in Los Angeles and San Diego. Two more cities, Philadelphia and Washington D.C. will soon… Continue reading Getaround to expand Uber partnership to four more cities
Sales up: BMW profits above all from SUVs
BMW BMW X5: The SUVs are in demand BMW also sold more cars in November than a year ago, but less than its competitor Mercedes-Benz. Especially the business with SUVs and hybrid vehicles went well. Worldwide sales of the core brand among the Munich increased by 1.6 percent to 189 000 cars. For comparison: The… Continue reading Sales up: BMW profits above all from SUVs
Centurian Automotive set for acquisition by The Barkby Group
Luxury used car dealer Centurian Automotive looks set to be acquired by listed boutique hospitality specialist, the Barkby Group plc. Gastropubs and luxury inns operator, The Barkby Group, has signed heads of terms for the acquisition of Kettering-headquartered Centurian Automotive. Centurian has a showroom facility on Grange Road, Islip, from which it retails a range… Continue reading Centurian Automotive set for acquisition by The Barkby Group
ZF Electric driveline to premiere in Formula E
The world’s first racing series for all-electric Formula vehicles is growing steadily in popularity. Following in the footsteps of manufacturers like Audi, Jaguar and Mahindra, the fifth season will see BMW and Nissan joining the series with factory teams. Mercedes and Porsche are planning a factory-backed entry in season six. New rules this year will… Continue reading ZF Electric driveline to premiere in Formula E