Japanese automaker Honda Motor Co. Ltd. has invested in a Chinese car-sharing platform and announced plans to produce its first electric vehicle in the country by 2018.
One answer would be for Ofo and Mobike to merge.
A JD Power survey of mobility solutions in China indicates that 19% of consumers are "very willing" and 51% are "slightly willing" to no longer own a car if mobility alternatives are available.
Didi Chuxing will reportedly make its ride-hailing services available in Mexico next year, a move that threatens Uber's growth in Latin America.
Bike-share firm Mobike’s CEO Davis Wang says that companies like his have enormous numbers of customers, but can struggle with a lack of a clear regulatory framework.
Mobike, a Beijing-based bicycle-sharing company, announced on Monday a tie-up with Singapore Telecommunications, as it aims to expedite its growth in Asia.
The country’s largest ride-hailing app operator Didi Chuxing aims to build a fleet of electric cars and other new-energy vehicles for its proposed new service.
HelloBike has completed a USD 350 million D1 round of financing, and it has led the growth in bike-sharing in second- and third- tier cities.
ChinaTravelNews is a wholly owned subsidiary of
©2017 TravelDaily Inc.