The new joint venture agreement between Renault Group and Chinese car group Geely. As per the press release, “A global leader in the development, production, and distribution of first-class hybrid drives and highly efficient combustion engines”. As per the new agreement, Geely and Renault will each hold a 50:50 interest in the new entity. It will be an independent global manufacturer of propulsion systems that … Continue reading Renault and Geely joint venture for a hybrid vehicle

Toyota unveiled its 5th generation Hybrid model Prius. It is going to be launched in the Summer of 2023 exclusively as a plug-in hybrid model. The latest plug-in hybrid system on the market in Germany has greater power and a bigger battery for a longer range of electricity. Toyota has furthered the aerodynamic design, for which the vehicle has long been recognized, with a coupe-like … Continue reading Toyota Prius 5th generation

Farizon Auto, a commercial vehicle manufacturer belonging to the Chinese Geely Group showcases the new products. The new semi-truck is known as the Homtruck and will be delivered in 2024. The market is targeted in international areas also including North America. Zhejiang Geely Holding Group Co., Ltd., or Geely for short, is a multinational automotive manufacturer headquartered in Hangzhou, China. In addition to developing and … Continue reading Farizon Auto’s new Launch

Miles Mobility is taking over the car-sharing business WeShare, which means the Volkswagen Group is entering into a partnership with the car-sharing provider Miles Mobility.  UMI Urban Mobility International GmbH has been taken over by VW Passenger Cars. As per the new partnership, more than 10,000 electric cars of the brands Audi, Seat/Cupra, and VW passenger cars, are to be delivered in 2023. According to … Continue reading WeShare bought by Miles

As per the recent studies by Free Now,  “Mobility as a Service” (MaaS) has one of the greatest potentials for reducing emissions in the mobility sector. The increase in shared mobility can result in reducing emissions by 54%. It shows mobility platforms can contribute in a big way to achieving the current climate targets. Also, Generation Z is mostly popular with shared mobility options. According … Continue reading Is shared mobility becoming popular in European countries?

The Mobility brand Mobilize is going to launch a modern version of the Twizy electric microvehicle by 2023.  However, it is not for sale but rather for rental and leasing options. A variant of the model will also be launched for transporting goods and equipment. The technical feature of the vehicle includes an electric motor in the rear end that moves the rear wheels. The … Continue reading What’s next with Mobilize brand in 2023?