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Automobile

March 6th, 2019 Luxury electric vehicles brand Automobili Pininfarina, a part of the Mahindra Group, on Tuesday launched its luxury electric car Battista which is touted to be faster than a current Formula 1 race car in its 0-100 km/h sub-two second sprint. "When it arrives in 2020, the Battista will be the most powerful car ever designed and built...
Automobile

March 5th, 2019 FRANKFURT - Volkswagen has signed German start-up e.GO Mobile as the first external partner for its modular platform for electric vehicles (EV), as it seeks to simplify production across a variety of models. The partner will use VW's so-called MEB production system to "bring e-vehicles to market that complement Volkswagen's model...
Automobile

January 27th, 2019 Volkswagen will manufacture electric car batteries and charging stations in its home region in Germany, as it prepares to mass-produce electric vehicles and overhaul its components division, which makes engines and steering parts. Volkswagen (VW) said on Friday it would invest 870 million euros ($985 million) by 2020 to developing...
Automobile

December 26th, 2018 Gurgaon-based 74 BC Technologies, which owned and operated bike taxi service Baxi, is reportedly in the process to launch a hyper-local delivery model. For this, the company has tied up with two major FMCG brands. Baxi had raised Rs 10 crore in 2015 from a host of well-known early-stage investors and is in the final...
Automobile

December 25th, 2018 Hu Weiwei, co-founder of Beijing Mobike Technology Co Ltd, has stepped down as its CEO, placing more uncertainty on the future of the bike-sharing startup. The move followed shortly after Mobike's cash-strapped rival Ofo Inc came under fire for stalling on deposit refunds. Once touted as investor darlings, the two companies seem to...
Automobile

December 14th, 2018 The technology giant Google has partnered with scooter hiring company Lime to show nearby bikes and scooters in 13 cities worldwide. If there’s a Lime vehicle available nearby, Google Maps will show you how long it will take to get to the vehicle, the estimated price of the ride and total journey time. Similar to the Uber...
Automobile

November 3rd, 2018 The popular automobile company General Motors (GM) is planning to enter the electric motor segment and for this, the company has decided to launch two new electric bikes to market next year. One of the two bikes will be folding and the other one will be compact. General Motors is making a broader push into electrification and other...
Automobile

November 1st, 2018 A lesser-known China’s bike company Youon is reportedly expanding to Europe as its rival Ofo has applied the brakes to its global expansion strategy in recent months. The company has formed a joint venture with UK-based bike-sharing startup Cycle.land which will enable Youon to sit back in its headquarters in eastern China while...
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