Estonia’s ride-sharing service provider Bolt launches e-scooter in 45 cities

On Wednesday, Estonia’s Bolt, a ride-sharing service provider, launched its own electric scooter model with the aim of launching the scooter service in more than 45 cities this summer. The Estonian company has grabbed business from Uber in many major African and Eastern Europe cities. Bolt has more than 30 million users in over 35…

BMW Group reports records sales for 2019 topping the premium passenger car segment

On Friday, BMW stated, it has sold 2.52 million Rolls-Royce, BMW, and Mini vehicles in 2019, topping the premium category car group, ahead of Daimler. On Thursday, Daimler had reported that it had sold 2.34 million Mercedes-Benz passenger cars in 2019 – its ninth consecutive year of record sales. In a statement BMW said in…

Volkswagen, BMW, and Daimler charged with emission cheating collusion

The EU’s competition enforcer has charged Volkswagen, BMW, and Daimler with hindering competition on emission cleaning technology between 2006-2014. On Friday, EU antitrust regulators have charged Volkswagen, BMW, and Daimler for hindering competition on emission cleaning technology for the period of 2006 to 2014. The European Commission said it had sent statements of objections setting…

VW purchases 75.1% stake in Volvo’s WirelessCar platform

The forward-looking purchase of the stake is of strategic significance as it revolves around the future of mobility. In a strategic move, Volkswagen has purchased a controlling stake in Volvo’s WirelessCar, a digital service developer which specializes in connected driving, for $122 million (1.1 billion Swedish crowns). In a statement Volkswagen stated, WirelessCar’s technology would…