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Toyota Financial Services takes up majority stake in Faxi

London-based Faxi has been pioneering a concept called ‘incentivised carpooling’. The start-up developed a unique app and software platform to tackle commuting related concerns for the benefit of companies, employees and...

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Denso invests $20 million in urban micro-mobility startup to further its MaaS model

Denso has taken a stake in Palo Alto, Calif.-based Bond Mobility Inc., the world's only speed eBike sharing company that delivers high-performance micromobility services. The close of Bond's $20 million series A funding round was led by Denso's New...

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Former Tesla CIO Jay Vijayan to join HyreCar’s Board of Directors

HyreCar Inc., the car sharing marketplace for ride sharing, announced that it has appointed Jay Vijayan to the Board of Directors, effective April 25, 2019.   Jay Vijayan brings over two decades of technology platform, product development...

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Iteris expands Traffic Management Centre Design and Integration services in California

Iteris, Inc., one of the global leaders in applied informatics for transportation, announced that it has been awarded two new contracts totaling more than $1 million to provide design, integration and operations services to the City of Inglewood and...

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PAL-V and NLR to start the development of eVTOL Flying Car

In April 2019, PAL-V and Royal NLR (Netherlands Aerospace Centre) signed a MoU for a mutual cooperation to develop an autonomous eVTOL flying car. Both companies are aiming for a market introduction of the flying car within 10...

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Canada to use Iteris iPeMS to improve nationwide mobility

Iteris, Inc., the global leader in applied informatics for transportation and agriculture, announced that Transport Canada, Canada’s federal transportation agency, has selected Iteris iPeMS to support its countrywide transportation system’s...

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Share Now expands its free floating car sharing to Budapest

Share Now, one of the market leader in free floating car sharing, announced its entry into the Hungarian market by offering its service in Budapest. Starting on April, 29, 240 BMW and Mini models can be rented flexibly and spontaneously in the...

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Getaround acquires European car sharing platform Drivy

Car sharing pioneer Getaround announced the $300 million acquisition of Drivy, the largest and fastest-growing car sharing platform in Europe.   Expanding on Getaround's vision of a world where all cars are shared, the combined company...

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