Volkswagen has adopted a new strategy to become a lead in sustainable mobility by bringing out more than 30 new e-vehicles by 2025. In order to achieve these goals, the Board of Management - with the approval of the Supervisory Board - ...
Tags: Volkswagen, pact for the future, BEVS
American ride-hailing firm Uber has raised $3.5bn from Saudi Arabia’s Public Investment Fund. This is the first time that Uber secured such a huge funding from a single investor. The investment will not affect the company's ...
Tags: Uber, ride-hailing
German automaker Volkswagen has invested $300m in Israeli ride hailing provider, Gett, which competes with Uber, Lyft, and Didi Chuxing. Volkswagen's investment comes months after General Motors injected $500m into privately held American ...
Tags: Volkswagen, automaker
According to several reports, Uber is planning to buy or has already placed a huge order to buy Mercedes-Benz S-class cars. Reports suggest that the ride-hailing company is planning to have fleet of self-driving cars by 2020. With this ...
Tags: Uber, Mercedes-Benz S-class cars
General Motors is teaming up with ride hailing service provider Lyft to create an integrated network of on-demand autonomous vehicles in the US. Under the agreement, General Motors (GM) is planning to invest $500m in Lyft to help the ...