During German chancellor Angela Merkel’s recent visit to Africa, Volkswagen signed two memorandums of understanding with the governments of Ghana and Nigeria. The stated goal is to build plants in both countries and to explore the development of new mobility solutions in Ghana. The document was signed in Ghana in the presence of vice president [...]

A recent mobility study on regional ride-hailing markets finds that 16 billion ride-hailing trips were completed worldwide in 2017 and forecasts 24 billion completed trips by the end of 2018. The recent report by ABI Research analysed the number of ride-hailing trips completed by users in different regions and evaluated market shares for each region. [...]

Dyson has plans to invest £200m in a vehicle testing campus as it continues with plans to launch an electric vehicle (EV) in 2020. Dyson announced in 2017 that it had started work on a battery for EVs due by 2020. Details on the EV itself have not been revealed, but Dyson announced last year [...]

HELLA has concluded the sale of the Danish and Polish wholesale businesses FTZ and Inter-Team. After approval by the antitrust authorities responsible, both companies were transferred to the Swedish wholesaler Mekonomen. Subject to the terms of the transaction, the purchase price amounts to €395m. ‘We are delighted about the successful conclusion of the transaction. From [...]