Category Archives: Car Companies

BMW Electric Scooter Extends Range

The new BMW C evolution – innovative e-mobility on two wheels. BMW Motorrad now raises the benchmark in the e‑scooter segment to a new level. Featuring a new generation of batteries with a cell capacity of 94 Ah, as used in the current BMW i3, the range has been significantly extended. In the new C evolution Long Range the continuous output is 19

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PSA’s Future On-Demand Services

PSA has already set aside €100m to invest in start-up companies working on transport innovations, ranging from car sharing and hailing to car-ownership clubs. This month, the group will unveil a second tranche of investments at the Paris Motor Show. PSA’s vehicle service, once launched, may operate under a new brand rather than the Peugeot, Citroen or DS marques currently

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Electric Vehicle Manufacturers Pay Fines & Repay Subsidies

Chinese regulators are penalizing five electric-vehicle manufacturers that “cheated” on a subsidy program to the tune of 489.4 million yuan ($73.4 million) by making false claims about the number of vehicles they made —sometimes collecting money before any were made at all. Suzhou GEMSEA Coach Manufacturing Co. Ltd., the nation’s eighth-largest electric-minibus maker, forged production and sales records for more

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World’s Most Sustainable Automotive Company in 2016

The BMW Group has once again been named the world’s most sustainable automotive company in the rating published yesterday by RobecoSAM AG for the Dow Jones Sustainability Indexes (DJSI). Sustainability is firmly embedded in the BMW Group’s culture and corporate strategy. In 2001, the BMW Group committed itself to the United Nations Environment Programme, the UN Global Compact and the

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Mahindra and Ola to Drive Entrepreneurship

Mahindra & Mahindra have signed an MOU to enter into a strategic alliance with the country’s largest shared transportation platform, Ola to empower 40,000 driver partners across India by 2018. Through this strategic alliance, they aim overall vehicle sales and financing of over US$ 400 million (Rs. 2,600 crores). Ola’s driver partners can now avail of an integrated and attractive

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VW Exploring BEV Venture With China’s JAC Motor

Volkswagen AG signed a preliminary deal with China’s Anhui Jianghuai Automobile (JAC Motor) to explore making electric vehicles in a new joint venture, the two automakers said on Wednesday. The two sides are studying the feasibility of a joint venture and aiming to sign a formal agreement within five months, JAC Motor said in a stock exchange filing. Volkswagen VLKAY

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Mercedes Brand EVs Coming to China

Germany’s Daimler AG plans to sell Mercedes-Benz branded all-electric battery cars in China, its China chief said on Wednesday, as the automaker capitalizes on government initiatives aimed at growing the market for new-energy vehicles (NEVs). Hubertus Troska said the government’s push, which involves tax breaks and other policy support, helped the number of NEVs sold last year surpass 300,000, making

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Mercedes Equips Delivery Van With Flying Drone

Mercedes-Benz is looking at mounting automated flying drones onto a new line of electric vans as part of a 500 million-euro ($562 million) investment aimed at speeding delivery times for online orders. The small pilotless aircraft would be part of a suite of on-board systems, including digital sorting equipment, that could cut both costs and delivery times in half for the

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BMW’s Car Sharing Scheme Gaining Popularity Among Urban Drivers

DriveNow, the car sharing service from BMW and SIXT, has announced that it now has 20,000 members across London, in the latest sign that car clubs are gaining ground among urban drivers. The service, which lets users rent cars by the minute to pick up and drop off at designated parking spots across the city, launched in London in December

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Renault Sees Dim Outlook for Diesel Cars

Renault (RENA.PA) expects diesel engines to disappear from most of its European cars, company sources told Reuters, after the French automaker reviewed the costs of meeting tighter emissions standards following the Volkswagen scandal. The sober reassessment was delivered at an internal meeting before the summer break. It shows how, a year after VW (VOWG_p.DE) admitted engineering software to cheat U.S.

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