Ford Motor’s long-time top lobbyist is departing from the automaker to join SoftBank Group, which is ramping up its Washington efforts, the companies stated on Friday. Ziad Ojakli, a Ford group vice president who is heading the Detroit automaker’s government relations strategy for 14 years and was a White House aide under President George W.
Uber Inc’s co-founder Travis Kalanick, who was ousted as CEO in June, is selling almost a third of his 10 percent stake in the ride-services company for about $1.4 billion, an individual knowledgeable about the matter stated on Thursday. Kalanick’s sale is part of a deal struck by a consortium led by SoftBank Group which
China’s Didi Chuxing on Tuesday stated it was seeking to bring its ride-hailing service to Taiwan through a regional franchise partner, possibly marking its first growth throughout waters as it seeks to take on U.S. competing Uber Technologies Inc. Didi Chuxing stated it has authorized franchisee operator LEDI Technology to carry out market research and
Uber will partner with Indian automaker Mahindra and Mahindra to pilot electric vehicles on its platform in India, the two companies stated, at a time when the government is pushing to have all new automobiles electrified by 2030. Uber will release numerous electric vehicles in Delhi and Hyderabad by March next year and will think
Indian ride-hailing company Ola, backed by Japan’s Softbank Group, is getting ready for a massive rollout of electrical cars by next year even as it runs trials on the practicality of the business model, CEO and co-founder Bhavish Aggarwal said. Ola will pilot thousands of electric vehicles in numerous Indian cities this year and, after