Technology group Softbank is investing the equivalent of 250 million US dollars in Ola Electric Mobility (OEM), the vehicle arm of India’s largest ride-hailing firm. This makes Ola Electric a “Unicorn”, which means that it is now valued at more than $1Bn.
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Nissan and its China partner Dongfeng are currently in talks with Didi Chuxing to establish a joint venture with Didi’s ride-hailing and car sharing services. The Japanese and Chinese car makers should supply Didi with electric vehicles.
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The Tesla Model 3 is now available in Europe and China with rear-wheel drive and the Standard Plus battery version. In Germany, Tesla is charging a base price of 44,500 euros (plus a handling fee of 980 euros) for this version, which offers a WLTP range of 415 km.
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Hyundai and Kia are investing $300 million in mobility service provider, Ola. The strategic partnership includes the production of electric vehicles tailored to the Indian market, the establishment of charging infrastructure and the development of fleet and mobility solutions.
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BMW and Daimler have now combined their mobility services as announced. The two companies are investing more than one billion euros to expand further and closely interlink their existing car sharing, namely Car2Go and DriveNow as well as ride-hailing, parking, charging and multi-modality services.
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The ride-hailing company Lyft plans to add 1,000 electric vehicles to its platform this year and will make it easier for riders to request them through Green Mode. Selecting that option, passengers will be able to choose between hybrid or electric vehicles.
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The EU competition watchdogs have allowed the announced combination of mobility services by Daimler and BMW, including the car sharing services DriveNow and Car2go to proceed, under certain conditions.
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The ride-hailing firm Grab is set to receive 250 million dollars in funding from Hyundai and Kia, who are aiming to establish a series of EV projects, beginning with Singapore, as well as the setup of an EV fast charging network.
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Volkswagen has chosen Israel to install a new ride-hailing service using self-driving electric cars. Together with Intel-owned Mobileye, VW is planning a joint venture to launch their Mobility-as-a-service (Maas) offer early next year and to scale up quickly.
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Geely has gone from acquisitions to creating something with those firms it gathered in hand. Insiders told Bloomberg of a new joint venture in the making that would see Daimler and its 10%-stakeholder Geely set up a ride-hailing service in China, possibly using Denza EVs.
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Ford and their Chinese partner Zotye have officially signed the contract for their planned joint venture which will provide electrified solutions for fleet operators and drivers in China to help address the fast-growing ride-hailing market.
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After BMW and Daimler announced their intention to bundle their car-sharing capacities from DriveNow and Car2Go, the fusion is starting to take a more definite shape. The manufacturers announced that their planned joint venture will be based in Berlin.
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Ford and its partner in China, Zoyte want to set up a new joint venture for building electric cars dedicated to ride-hailing appications such as Uber or Didi Chuxing in the PRC. Ford and Zoyte plan to lease the new EVs with extra options for fleet management.
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