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Mercedes-Benz and BMW to sell car-sharing JV SHARE NOW to Stellantis

Green Car Congress

Mercedes-Benz Mobility and BMW Group intend to sell their car-sharing joint venture SHARE NOW to Stellantis. SHARE NOW was established in 2019 combines the DNA of car2go, which was developed by the former Daimler AG, and DriveNow, the BMW Group’s offering. —Rainer Feurer, Head of Corporate Investments at the BMW Group.

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WiTricity extends recent funding for a total of $52M

Green Car Congress

Stage 1 Ventures led the first tranche of $34 million with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). The technology can already be seen in action with McLaren’s Speedtail Hyper-GT and the BMW 530e iPerformance.

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Update: 10 Best Car Sharing Programs

Clean Fleet Report

Where it used to be Hertz or Avis–or a taxi–the choices now are much more complex. Automakers have entered this market with mixed results, building substantial membership levels in only a few years, but they are also challenged with the new MaaS business model. Hertz has 8,500 locations in 150 countries.

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Three perspectives on China’s EV industry (spoiler alert: legacy brands are toast) – Charged EVs

Baua Electric

Each reaches basically the same conclusion: the global non-Chinese automakers will never be able to catch up unless they radically change their corporate mindsets. Michael Dunne , a long-time watcher of the Chinese automotive industry, writing in Dunne Insights , asks us to imagine “a world in which China builds every single car.”

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How do Chinese language EV makers roll out unutilized merchandise so temporarily?

Baua Electric

The corporate delivered its 100,000th automobile on April nineteenth, and as of June, their cumulative deliveries in China reached 120,581 EVs, in keeping with CarNewsChina knowledge. Ultimate date, the corporate opened retail outlets in Europe, Sweden, and the Netherlands and introduced EU variations of 001 and X. and many others.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The first buyers will be fleet users, which will build central fast-charging facilities. Put simply, this little-known upstart has accelerated ahead of its much bigger rivals in the race to build an affordable electric car. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show. tons of carbon dioxide.

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Tesla 2024 Annual Shareholder Meeting transcript: June 13, 2024

Teslarati

Speaking: Tesla General Counsel and Corporate Secretary Brandon Erhart, Board Chair Robyn Denholm, CEO Elon Musk, and other executives and analysts 2024 Annual Shareholder Meeting held on Thursday, June 13 Brandon Erhart: Welcome to Texas, the home of Tesla. This includes Tesla’s competitors BMW, Renault, Rivian, Volkswagen, and Volvo.

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