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Tesla Model Y

Tesla launches Model Y

Tesla has launched its latest vehicle, Model Y due to start shipping in 2020. The vehicle will travel around 480km on a single charge and will start at $47,000 with an all-wheel-drive dual motor version at $51,000 and the performance…

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A Pink Lyft Car Is Parked Next To A Cleaning Store

Lyft files for IPO

American ride-hailing company Lyft has filed for Initial Public Offering, after months of speculation. The official filing form lists $100 million for the offering, putting the company value around $25–30 billion. Lyft is the first ride-hailing company to go public…

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DriveNow And Car2Go Vehicles Are Parked Next To Each Other

Number of car-sharing users grows in Germany

The number of car-sharing users in Germany increased by 350,000, reaching 2.46 million in 2018, according to the car-sharing association of Germany — Bundesverband Carsharing. According to the association, there were 20,200 shared vehicles in the country — a 12% year-on-year increase. The free-floating…

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A Gray Hyundai Is Driving On A Highway

Hyundai considers car sharing business

Hyundai is considering own car sharing service for its electric models. So far the company has worked with ride-sharing companies, such as Uber, providing them with fleets. The South Korean automaker started a pilot car-sharing program in Amsterdam in 2017…

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