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China’s Hydrogen vehicles get $17b backing

Bloomberg China’s policies to boost its fledgling hydrogen-powered auto industry are coming at just the right time for entrepreneur and former carmaker executive Wang Chaoyun. His startup, Anhui Mingtian Hydrogen Energy Technology Co, makes fuel-cell stacks for vehicles propelled by the element, which produces no emissions from the tailpipe. During Mingtian Hydrogen’s brief existence, the fuel-cell vehicle industry has received ...

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Uber plans to launch boat taxis in Nigeria’s capital city

Bloomberg Uber Technology is planning to launch its boat business in Lagos, Nigeria’s commercial capital and biggest city, to beat traffic congestion. The ride-hailing service company is in talks with the Lagos state government and regulatory authorities to start Uber Boats services on its waterways, Uber’s Chief Business Officer Brooks Entwistle said in an interview. “We know the traffic is ...

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Scooters help Europeans dodge sweat after Germany launch

Bloomberg E-scooters have only been legal in Germany for a matter of days, but public curiosity — as well as a Continental heatwave — has already made them a common sight in many cities. Lawrence Leuschner, chief executive officer of one of Europe’s biggest e-scooter providers, Tier Mobility, said the app required to locate and unlock a Tier scooter was ...

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