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CARSHARING
Lockdown 2 fears rise: Global emergency guidelines released amid fuel crisis due to Iran warThe International Energy Agency has issued emergency energy saving guidelines. These recommendations aim to reduce fuel consumption amid fe...- Zoomcar raises $9.15 mn from institutional investorsSelf-drive car-sharing platform Zoomcar on Friday said it has raised USD 9.15 million (about Rs 76 crore) from institutional investors. The...
- Zoomcar implements debt restructuring for the next long driveZoomcar is actively restructuring its debt to reduce obligations of $31 million by June 30, 2024. The company has negotiated with lenders a...
- Zoomcar aims to onboard more cars on supply side via third-party tie-upsZoomcar has partnered with Delhi NCR-based used-car marketplace Cars24 on February 7 to aid its hosts in fleet expansion and increase earni...
- Tata Power, Zoomcar join hands for EV adoptionTata Power EV Charging Solutions on Thursday said it has tied up with car-sharing platform Zoomcar to promote electric vehicle adoption. Th...
- Zoomcar inks merger pact with Innovative International Acquisition CorpUpon closing of the transaction, the combined entity will be renamed Zoomcar Holdings, Inc and expects to list its common stock on Nasdaq.
- Zoomcar expects to achieve profitability in India by this year-end"We've been really excited by the pace of organic growth on our platform, for both hosts and guests. Now, we're doubling down on building m...
- Zoomcar gets $92 million in SternAegis-led roundThe funding comes ahead of the company’s proposed plans to list in the US via a SPAC listing over the next nine to 12 months.
- Ola launches self-drive businessThe company started with a pilot of 500 vehicles in four hubs in Bengaluru — Marathahalli, Whitefield, Koramangala and MG Road. Over the ne...
- Ola unveils self-drive car-sharing service ‘Ola Drive’Ola Drive enables users to design their own package, controlling everything from the number of kilometres and hours to fuel inclusion and t...
- Study lists out ways to end transportation woes of big citiesAdditional chief secretary (urban development department) Mahendra Jain said the government was aware of the problems related to the increa...
- View: No, Car ownership won't become obsoleteIn its 2018 survey, KPMG wrote of a fundamental change in the car retail landscape driven by demand for “more intelligent mobility solution...
- Firms scramble as hackers take hi-tech smart cars for a rideCarmakers from Mercedes-Benz maker Daimler to Toyota Motor are pursuing digital services as potentially lucrative additional sources of rev...
- Revv raises Rs 100 crore in fresh funding, Hyundai among investorsRevv's existing investors Edelweiss and Beenext also participated in the Series B round, along with new investors Dream Incubator, Sunjay K...
- SoftBank invests in another car-sharing startup: GetaroundThe investment signals the Japanese internet giant’s growing interest in next-generation car use. SoftBank has already invested in ride-sha...
- Private cars may be allowed to taxi on aggregator runwayA report by a high-level task force argues the move could decongest city roads - but it adds that passenger safety concerns would need to b...
- Startups come up with APP-ropriate response to Delhi's odd-even planOrahi, a carpooling app, introduces persons with odd-numbered cars to those owning even-numbered vehicles. It's a service meant solely for ...
- Taxi aggregators ride high as more Delhiites opt for carsharingEven after the pilot ended, more people are opting to share taxi rides. The response has encouraged Ola and Uber to expand operations to mo...
- ESADECREAPOLIS launches the first corporate car-sharing initiative in Spain based on renewable energyEnergy efficiency and its application as a user service are no longer a thing of the future.
- Now, an iPhone application to share your car and generate rental incomeFor the service to work, users just need to install a Getaround Carkit in their vehicle that combines GPS, Wi-Fi and keyless remote technol...
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