Category: transportation
Ola Electric acquires Etergo, to launch own line of electric two wheelers this year
Ola Electric, the EV business that spun out of the ride-hailing giant Ola last year, has acquired an Amsterdam-based electric scooter startup as the Indian firm looks to locally produce and launch its own line of two wheelers as soon as this year. The Indian firm said Wednesday it had…
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BlaBlaCar partners with scooter startup Voi to launch new BlaBla Ride app
Long-distance ridesharing startup BlaBlaCar announced that it is expanding to scooter sharing. But the company isn’t going to operate its own fleet of scooters. Instead, BlaBlaCar is partnering with Voi, a European e-scooter service that has raised $136 million over multiple rounds. Voi operates in dozens of European cities, including…
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Bolt, the European on-demand transport company, raises $109M on a $1.9B valuation
Bolt, a rival to Uber and others providing on-demand ridesharing, scooters and other transportation services across some 150 cities in Europe and Africa, is today announcing another capital raise as it weathers a difficult market climate where, because of COVID-19, many are staying in place and avoiding modes of transport…
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Uber cuts 600 jobs in India
Uber is cutting 600 jobs in India, or 25% of its workforce in the country, it said on Tuesday as it looks to cut costs to steer through the coronavirus pandemic. The job cuts, which affect teams across customer and driver support, business development, legal, policy, marketing, and finance, are…
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The Station: Hertz files for bankruptcy, hailing “self-driving” scooters, Memorial Day travel
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi and welcome back to The Station. Memorial Day is this coming Monday, a holiday meant to honor military personnel who died while serving…
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Tesla’s Cybertruck won’t get smaller any time soon
Is Tesla’s Cybertruck too enormous for your garage? Unfortunately, you’ll have to shop for something else. Elon Musk has revealed that the electric pickup will stay “pretty much” the size of the prototype despite previous claims the production model… Source
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