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TAXI FLEET MARKET
At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...- China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
- Electric two-wheelers, private EV cars record highest registrations since 2019 in DelhiDelhi's electric vehicle market is booming. Electric two-wheelers and private electric cars have seen their highest registrations since 201...
- Lyft, Baidu to start testing robotaxis in LondonChinese tech giant Baidu is set to test its self-driving cars in London soon. Partnering with Lyft, the company aims for commercial operati...
- Iran fires missiles, US strikes Iran facility after reports of faltering peace talksIran's paramilitary Revolutionary Guard said it had targeted the headquarters of the US Navy's 5th Fleet in Bahrain and another country in ...
- CNG prices increase to Rs 83.09 per kg, Delhi commuters worried as travel "No longer pocket-friendly"CNG prices have risen again in Delhi and Mumbai. This is the fourth increase in less than 15 days. Commuters are finding fuel costs higher....
- In volatile times: 5 stocks with score improvement and upside potential of up to 24%There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...
- Trump-Tehran, EVangelist for Us – time to charge the battery techEven as conflict and chaos linger in West Asia, India is witnessing a happy confluence of choice, cause and cost. This is a once in a lifet...
- As banks hesitate to finance, electric vehicles get a 'lease' of lifeLeasing of vehicles allows the fleet operators to be asset light and channel the capital to other parts of their business instead of spendi...
- Automakers log dip in fleet sales in September quarter amid coronavirus pandemic"There has been extreme aversion on the part of customers against shared mobility and public transport and they are obviously looking at pe...
- Taxi market to account for 15-17 per cent of Indian PV market by 2020A report released by ICRA stated that the Indian passenger vehicle industry is likely to ride on the strong growth potential of domestic ta...
- Uber objects to Fadnavis' proposed regulationsThe taxi aggregator has written to Maharashtra chief minister about the draft rules, saying they will harm the interests of drivers and rid...
- Meru forms alliance with eCab to provide services globallyRadio taxi operator Meru Cabs has formed an alliance with eCab, a part of French taxi service provider Taxis G7, to expand its service offe...
- Meru Cabs in talks with Valiant Capital and Falcon Edge Capital to raise Rs 627 croreThe latest fund-raising is on top of a $50-million tranche Meru secured this week from existing investor India Value Fund Advisors (IVFA).
- Can Meru Cabs strike back after Ola and Uber come under regulatory scanner?This December, as newer and nimbler rivals Uber and Ola froze under the regulatory glare, Meru Cabs saw an unusual 25% spurt in business.
- Old cabs lose drivers to 'perkier' new onesOla does not insist that the cab drivers should login at a particular time every morning. But, if they do, they stand to gain in cash.
- EasyCabs to invest Rs 150-cr to add 3,500 taxis over 2 yearsEasyCabs, plans to add around 3,500 new radio taxis at an investment of over Rs 150 crore in expanding its radio taxi operations pan-India ...
- Fleet operators hit a rough patch as loan taps run dryLarge auto financiers have stopped financing vehicles for taxi operators.
- My First Million: Rajiv VijRajiv Vij took his time understanding the car rental business globally before launching his own brand, Easy Cabs.
- Automakers offer hybrids for NYC taxi fleetThree major auto manufacturers are promising to reserve 300 new hybrid vehicles each month exclusively for New York City as it replaces its...
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