Faraday Future (FF) announced that it has joined MOBI, the Mobility Open Blockchain Initiative, to explore blockchain and distributed ledger technology (DLT) for use in the development of a digital mobility ecosystem that could make transportation safer, more affordable, and more widely available. FF is collaborating with MOBI and other industry, government, and non-profit partners… Continue reading Faraday Future joins MOBI blockchain consortium
Tag: Financial Results
Rivian Automotive looking to battle electric cars with battery-powered trucks
With all of the electric car projects underway these days, you might think the world needs another one like it needs another hole in the ozone layer. And that’s exactly why Rivian Automotive CEO RJ Scaringe wants to build battery-powered trucks instead. He founded the company straight out of engineering school in 2009 intending to… Continue reading Rivian Automotive looking to battle electric cars with battery-powered trucks
UGT denounces the destruction of 35,000 jobs due to the diesel crisis
The diesel crisis and the new WLTP emissions test have taken almost 35,000 jobs ahead in the whole of the automotive industry in Spain, as reported by the Federation of Industry of UGT (UGT FICA). The union urges the government to protect the sector to prevent further destruction of employment. This is the first quantification… Continue reading UGT denounces the destruction of 35,000 jobs due to the diesel crisis
VinFast cars expected to be direct rival to Mercedes
VietNamNet Bridge – VinFast’s first two car models, one sedan and one SUV, will have selling prices of no less than VND1 billion, similar to luxury models Mercedes-Benz, BMW, Audi and Lexus. VinFast’s cars will be priced at no less than VND1 billion Commenting about VinFast’s car models, an expert said BMW technologies would be… Continue reading VinFast cars expected to be direct rival to Mercedes
HyreCar Launches Vehicle Tracking, Inventory Management Solution
PassTime has set up a special-order portal for DriveItAway/HyreCar dealers to procure vehicle telematics units, and will be integrating all of the PassTime telematics services within its dealer focused vehicle administration platform for easy vehicle specific applications. Screenshot via HyreCar. Through its alliance with DriveItAway and its dealer focused shared mobility mission, HyreCar is forming… Continue reading HyreCar Launches Vehicle Tracking, Inventory Management Solution
BMW and Daimler submit application to EU Commission: Car2go and DriveNow agree on merger
Getty Images / AFP DriveNow and Car2go: The merger is in the final meters After months of negotiations, they were able to clarify their issues: BMW Show stock market chart and Daimler Show stock market chart have submitted the merger of their car-sharing offers to the EU Commission for approval. In advance, the corporations had… Continue reading BMW and Daimler submit application to EU Commission: Car2go and DriveNow agree on merger
Amazon reportedly planning 3,000 cashier-less Go stores by 2021
Amazon plans to open as many as 3,000 of its cashier-less Amazon Go convenience stores by the year 2021, according to a report from Bloomberg today. That would be Amazon’s most aggressive move in the brick-and-mortar space since its purchase of Whole Foods in 2016. It would also significantly alter the company’s potential offline retail… Continue reading Amazon reportedly planning 3,000 cashier-less Go stores by 2021
UPDATE 1-TomTom says Google deal with carmakers could hit its orders -ANP
AMSTERDAM (Reuters) – Digital mapping company TomTom will probably lose some business in future as a result of Google’s deal with carmakers Renault, Nissan and Mitsubishi, TomTom’s finance chief said on Wednesday. FILE PHOTO: TomTom navigation are seen in front of TomTom displayed logo in this illustration taken July 28, 2017. REUTERS/Dado Ruvic/File Photo Carmakers… Continue reading UPDATE 1-TomTom says Google deal with carmakers could hit its orders -ANP
Amazon is going to sell electric car chargers with installation as a turn-key solution
Amazon sells pretty much everything and it already sells electric car home chargers, but now the company also wants to get involved in the installation process with a full “turn-key” solution – starting with the Audi e-tron quattro. If you are like me and your daily mileage is fairly low, you can get away with… Continue reading Amazon is going to sell electric car chargers with installation as a turn-key solution
Paolo D’Ettore: Director LCV Business Unit Nissan Europe
Who is Paolo D’Ettore? Paolo is currently Director of the Light Commercial Vehicle (LCV) Business Unit at Nissan Europe. He leads a team of 20 people across Europe and is responsible for the profit, sales, marketing, product planning and overall program management of the LCV range. The role is varied and can range from managing… Continue reading Paolo D’Ettore: Director LCV Business Unit Nissan Europe