Harley-Davidson invests in EV startup Alta Motors

Collaboration Will Advance Application of EV Motorcycle Technology and Expand Electric Motorcycle Marketplace Combining Instant Torque and Quick Acceleration with Intuitive and Dynamic Motorcycle Design

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MILWAUKEEMarch 1, 2018 /PRNewswire/ — Harley-Davidson, Inc. (NYSE: HOG) announced today that it has made an equity investment in Alta Motors, a leader and innovator in lightweight electric vehicles, and that the two companies will collaborate on electric motorcycle technology and new product development.

“Earlier this year, as part of our 10-year strategy, we reiterated our commitment to build the next generation of Harley-Davidson riders, in part, by aggressively investing in electric vehicle (EV) technology,” said Harley-Davidson President and CEO Matt Levatich. “Alta has demonstrated innovation and expertise in EV and their objectives align closely with ours. We each have strengths and capabilities that will be mutually beneficial as we work together to develop cutting-edge electric motorcycles.”

Harley-Davidson has already announced the planned launch of its first electric motorcycle, informed by Project LiveWire. That motorcycle is on track for release in 2019.

Since its inception, Alta Motors has designed and commercialized the world’s most advanced electric motorcycles, enabling everyone from pro riders to new riders to experience “the future of fast.”

“Riders are just beginning to understand the combined benefits of EV today, and our technology continues to progress,” said Alta Motors Chief Product Officer and Co-Founder, Marc Fenigstein. “We believe electric motorcycles are the future, and that American companies have an opportunity to lead that future. It’s incredibly exciting that Harley-Davidson, synonymous with motorcycle leadership, shares that vision and we’re thrilled to collaborate with them.”

As electric-drive innovation brings new levels of ease, accessibility and control, Harley-Davidson and Alta Motors aim to attract new audiences who are inspired by motorcycles and drawn to the “twist-and-go” ease and exhilaration of an electric motorcycle with no gears or clutch.

“We believe that EV is where global mobility is headed and holds great appeal for existing riders as well as opportunity to bring new riders into the sport,” said Levatich. “We intend to be the world leader in the electrification of motorcycles and, at the same time, remain true to our gas and oil roots by continuing to produce a broad portfolio of motorcycles that appeal to all types of riders around the world.”

About Harley-Davidson Motor Company

Since 1903, Harley-Davidson Motor Company has fulfilled dreams of personal freedom with cruiser, touring and custom motorcycles, riding experiences and events, and a complete line of Harley-Davidson motorcycle parts, accessories, general merchandise, riding gear and apparel. For more information, visit www.h-d.com.

About Alta Motors

Alta Motors is a global leader in electric motorcycles and lightweight EV drivetrains with a proprietary technology platform that offers new levels of energy density and performance. It leads the industry with a complete portfolio of battery and drivetrain components, a fleet of motorcycles manufactured at its world-class Brisbane, CA facility and a trophy-case of podium finishes. Alta’s award-winning Redshift platform is now available to riders at 44 U.S. dealerships across 19 states. Please visit us at: https://www.altamotors.co/.

Via: PRNewswire

Daimler Mobility Services purchases Europcar Group’s 25% stake in car2go Europe GmbH

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*Image for illustrative purpose only
  • Daimler Mobility Services to hold 100% of car2go Europe after approval by the relevant authorities
  • Daimler is poised to further expand its mobility portfolio
  • car2go Group has more than 3 million users worldwide

Stuttgart. Daimler Mobility Services announced today that it will acquire the 25 percent stake in car2go Europe GmbH from joint venture partner Europcar Group. The acquisition means that following approval of the transaction by the relevant authorities, 100 percent of the car2go Europe shares are in the hands of Daimler Mobility Services. In 2012, car2go Europe GmbH was created as a joint-venture, owned 75% by Daimler and 25% by Europcar. Today, car2go Group is present in Europe, North America and China, and has more than 3 million users worldwide.

“Over the course of the last several months, we have intensified our investments in mobility services in order to create a holistic mobility system with a broad portfolio. As part of this strategy, we decided to fully acquire the remaining shares in car2go Europe,” stated Daimler’s Head of Mobility Services Jörg Lamparter. “We want to thank Europcar for their great support as we went from a car sharing start up to the leading car sharing company in the world,” Lamparter continued.

Daimler is poised to further expand its mobility portfolio

Daimler Mobility Services is poised to further expand its mobility portfolio, expand its customer base and enhance the customer experience through bundled mobility products. With the customer insights gained through 24 million rentals for both combustion engines and electric cars alone in 2017, car2go has laid the ground work for Daimler’s CASE strategy as the company shifts to a fully connected, autonomous, shared and electric vehicle portfolio. Today, car2go has algorithms which predict mobility demand and the fleets are strategically moved to optimize maximum usage and meet demand. The goal is to develop the required expertise and resources so that we are a leader in the future business with self-driving cars.

“I want to thank Europcar for their collaboration in supporting car2go’s expansion across Europe. We have collectively transformed car sharing from a trend to a lifestyle and have created a mobility community,” stated Olivier Reppert, CEO car2go Group.

Caroline Parot, Europcar Group’s Chief Executive Officer, stated: “We want to thank the Daimler Group for our longstanding partnership since 2012 within car2go Europe. This investment has taught us a great deal about car sharing.”

17.8 million customers are registered with car2go, moovel and mytaxi

In addition to car2go, Daimler Mobility Services is responsible for moovel and mytaxi: The mobility platform moovel offers on-demand access to various mobility offers, including booking and payment. mytaxi is a market leader amongst the taxi hailing apps in Europe. Moreover, Daimler Mobility Services holds minority stakes in Blacklane, Careem, Flixbus, Turo and Via. Almost 18 million customers are registered with car2go, moovel and mytaxi, which are offered in more than 100 cities in Europe, North America and China.

Source

Tata Motors and ASDC certify first batch of trainees in Sanand for skills in automotive assembly

The collaborative skill development program was introduced in 2016 through an MoU between both parties

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Mr. Rajesh Khatri, Vice President, Passenger Vehicle Operations, Tata Motors, Mr. Gajendra Chandel, CHRO, Tata Motors and Mr. Sunil Chaturvedi, CEO, Automotive Skills Development Council (ASDC) at the certification ceremony of the first batch of trainees in Sanand, graduating from the collaborative skills development and certification program.

Key Highlights:

  • Tata Motors has partnered with ASDC (Automotive Skills Development Council), NSDC (National Skills Development Corporation) and NAPS (National Apprenticeship Promotion Scheme), for various skill development programs in the automotive sectors
  • 168 trainees (154 boys and 14 girls) at Sanand plant of Tata Motors have been awarded the ASDC Certification in automotive assembly skills and similar assessments are being conducted in Tata Motors Sanand Plant. We would be certifying around 1500+ trainees in next 3 years at Sanand plant.
  • Tata Motors plans to skill 40,000 people in next 3 to 4 years across all plants, subsidiaries and dealer network

As part of a unique initiative to promote “Skill India Mission”, Tata Motors and Automotive Skills Development Council (ASDC) certified the first batch of trainees under their collaborative skills development and certification program. Introduced in 2016, the program is currently training around 4000 apprentices, out of which 168 trainees (154 boys and 14 girls) with over 90% success ratio at Sanand Plant of Tata Motors have been awarded the ASDC Certification in automotive assembly skills. The trainees, after completion of their first-year training at Tata Motors’ Skill Development Center were assessed through an online test, a practical examination and a viva conducted by the external ASDC nominated assessor. Trainees that successfully passed these examinations were felicitated at the certificates award ceremony in the presence of top officials from Tata Motors, ASDC and NEEM partners at Sanand.

The first batch of trainees were awarded the ASDC certification in presence of Mr. Gajendra Chandel, Chief Human Resource Officer, Tata Motors, Mr. Sunil Chaturvedi, Chief Executive Officer, ASDC and Mr. Rajesh Khatri, Vice President – Operations, Passenger Vehicles, Tata Motors.

Commenting on the occasion, Mr. Gajendra Chandel, CHRO, Tata Motors, said, “Today indeed is a very proud moment for us at Tata Motors, as the first batch of ASDC certified trainees, enrolled under the NEEM program, graduate from the Sanand plant Skill Development Center. This program has been diligently put together by Tata Motors’ Skills Development Center, in association with NEEM service provider and ASDC. It’s a matter of great satisfaction to see a large batch of trainees, both girls and boys, mostly from rural areas and small towns who were inducted through the “Earn & Learn” mode under the ‘National Employability Enhancement Mission (NEEM)’ that’s part of Government’s Skill India mission. With the evolution in automobile manufacturing and service, the need for skilled workforce will continue to increase exponentially, with a huge potential to generate large-scale employment opportunities. However, for the youth to be able to take up these opportunities, it is important they have the mindset of quality, productivity, safety and discipline coupled with right technical skills, which our Skills Development Center as well NEEM partner, imparted very systematically during the program duration. Sowing the seeds of learning has short, mid and long-term benefits, and we at Tata Motors foresee this as the foundation to prepare them as well the Indian Automotive Industry for future growth.”

Adding to this, Sunil Chaturvedi, CEO, Automotive Skills Development Council (ASDC), said, “The automotive industry is a significant generator of employment in India. Till date, the ASDC has contributed to the development of the automotive industry by creating 200 Qualification Packs (QPs) comprising of 363 Unique National Occupational Standards (NOS) and total 946 NOS related to automotive sector. Tata Motors’ partnership with ASDC will further enhance the expertise in conducting research, developing training course curriculums and certification of trainers and students, in consultation with experts from the automotive industry and from academia.”

Tata Motors has been at the forefront in creating the right set of talent pool for the automobile engineering and manufacturing industry. With a first-of-its-kind MoU with the National Skill Development Corporation (NSDC), Tata Motors has over the past few years has signed over six such agreements with leading institutes and organisations, to develop skilled & highly competent manpower for being future ready.

About Tata Motors

Tata Motors Limited, a USD 42 billion organisation, is a leading global automobile manufacturer of cars, utility vehicles, buses, trucks and defence vehicles. As India’s largest automobile company and part of the USD 100 billion Tata group, Tata Motors has operations in the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 76 subsidiary and associate companies, including Jaguar Land Rover in the UK and Tata Daewoo in South Korea. In India, Tata Motors has an industrial joint venture with Fiat. Engaged in engineering and automotive solutions, with a focus on future-readiness and a pipeline of tech-enabled products, Tata Motors is India’s market leader in commercial vehicles and among the top in passenger vehicles with 9 million vehicles on Indian roads. The company’s innovation efforts are focused on developing auto technologies that are sustainable as well as suited. With design and R&D centres located in India, the UK, Italy and Korea, Tata Motors strives to pioneer new products that fire the imagination of GenNext customers. Abroad, Tata cars, buses, and trucks are being marketed in Europe, Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.

Tata Motors Press Release