Category: transport

Volkswagen invests €900m in Swedish battery maker

Volkswagen AG has announced a €900 million ($1.467 billion) investment into an electric vehicle battery joint venture with Swedish firm Northvolt AB. According to VW, part of the above sum “is intended for a joint venture” with the battery producer, while a further portion of the investment will go directly to Northvolt in return for…
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17th June 2019 0

Lime and Uber fight over London with rival electric bike schemes

Lime could expand its electric bike hire scheme outside London, the company has said as competition hots up in the growing market in the capital. The US-based tech startup launched Lime-E, the capital’s first fleet of electric-assisted bikes hired through an app, in 2018 but Uber unveiled its similar Jump scheme last month. Uber, which…
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14th June 2019 0