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Europcar Announces Debt Restructuring Talks
Europcar Mobility Group said in a press announcement on Tuesday it intends to begin talks with corporate debt creditors to restructure its debt. The talks look to ensure sufficient financial resources to enable Europcar to adapt to the new travel environment, in which Covid-19 “has profoundly reshaped mobility ecosystems.” Europcar’s objective is to ensure a sustainable capital structure adapted to its level of revenue, with reduced corporate indebtedness and appropriate liquidity, the... -
RateGain Partners with Arvoia to Increase Revenue
RateGain, an SaaS company for travel and hospitality today, has formed a global partnership with Arvoia, the company announced. This partnership enables car rentals to adapt and react faster to the rapidly changing demand trends in the new normal with data-based actionable intelligence derived from RateGain’s dedicated solutions CarGain and RevGain for Car Rentals along with creating a unique personalized booking experience through Arvoia’s range of personalization products. Offering the right rates based on intelligence... -
Toyota Supplies Self-Charging Vehicles to UK Carsharing Fleet
Toyota UK is providing a fleet of 25 self-charging Yaris Hybrids to help launch a new carsharing initiative in Bristol. It is providing the compact cars in a partnership agreement with Hiyacar, a peer-to-peer carsharing business that it has already worked with in London. Since its launch as a car sharing scheme in 2016, Hiyacar has grown to more than 100,000 members who can make use of vehicles in... -
GM, EVgo to Add 2.7K Chargers Across the US
General Motors and EVgo plan to triple the size of the nation’s largest public fast charging network by adding more than 2,700 new fast chargers over the next five years, a move set to help accelerate widespread electric vehicle adoption. The two companies will add fast charging stations to cities and suburbs, unlocking new EV customer segments and providing increased charging access to drivers who live in multi-unit homes,... -
New Tesla Access App Facilitates Peer-to-Peer Sharing
In a recent redesign of the Tesla account page, Tesla owners are now able to share their vehicles with up to five other drivers. Sharing starts by entering a name and email into the app’s updated Car Access feature. Users can locate and unlock the car through the app. Sharing with other Tesla owners allows their profiles to appear in the shared vehicle. If the new user doesn’t have... -
Wunder Mobility Launches Wunder Vehicles Fleet Sharing Platform
Wunder Mobility, a global mobility technology company, has launched its Wunder Vehicles product alongside an exclusive business-to-business partnership with Yadea, the world’s largest manufacturer of light electric vehicles based in China. The launch of Wunder Vehicles marks Wunder Mobility’s official expansion into the vehicles market and the transition from a pure software company to a mobility company. Yadea manufacturers e-bikes and e-scooters. The Wunder Vehicles product is designed to provide the tools... -
Move Mee, FleetMaster Give Customers Phone-as-a-Key Platform
Move Mee and FleetMaster have entered into a strategic partnership which will give FleetMaster customers access to Move Mee’s phone-as-a-key, straight-to-car platform. Move Mee customers will have access to an extensive rental and dealership management platform to manage their fleet in the best way and increase revenues instantly. “Move Mee offers FleetMaster customers a tremendous solution that empowers them to go digital and offer their own customers a totally new contactless...
