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
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
-
On Fuel Cells, Battery Enclosures, and Lucid Air
A skateboard for fuel cells, building a better battery enclosure, what ADAS does, a big engine for boats, the curious case of lean production, what drivers think, and why Lucid is remarkable
