Mexican Media Brands
Hyundai Revs Up Car-Sharing Efforts in India
Hyundai Motor Co. says it has made an unspecified investment in Revv, a three-year-old car-sharing company based in India.
Share
Hyundai Motor Co. says it has made an unspecified investment in Revv, a three-year-old car-sharing company based in India.
As part of the deal, Hyundai will supply vehicles to Revv and work with the car-sharing company to develop new services and marketing strategies. The partners expect India’s car-sharing market will grow from about 15,000 vehicles today to 50,000 in 2020 and 150,000 by 2022.
Revv, whose formal name is PrimeMover Mobility Technologies, currently operates in about a dozen major Indian cities. The company delivers vehicles directly to consumers, who can rent them by the hour or day.
RELATED CONTENT
-
The Koenigsegg Jesko Has An Amazing Engine
It is hard to believe that this is a vehicle in “serial” production with such extraordinary powertrain performance
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
-
Cobots: 14 Things You Need to Know
What jobs do cobots do well? How is a cobot programmed? What’s the ROI? We asked these questions and more to four of the leading suppliers of cobots.
