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Recharge Wrap-up: BlaBlaCar raises $100M, NASA launches CO2 satellite

BlaBlaCar, a ridesharing startup in Europe, has raised $100 million in a funding round led by Index Ventures. After recently growing to 12 countries and 8 million users, BlaBlaCar plans to us the funding for even more aggressive growth throughout Europe. The ridesharing service pairs drivers and passengers, allowing passengers to catch rides between cities while allowing drivers to save money on fuel on road trips. Drivers are not allowed to make a profit, and are only allowed to charge enough to break even after BlaBlaCar takes its percentage, to keep costs low for everyone involved. BlaBlaCar doesn't currently have plans to break into the US. Read more at The New York Times or at Gigaom. NASA has launched its Orbiting Carbon Observatory-2 into space to keep track of carbon dioxide in Earth's atmosphere. After being delayed on Tuesday, the Delta II rocket equipped with an instrument to measure CO2 launched from Vandenberg Air Force Base in California at 5:56 am on Wednesday. It is ultimately headed for a polar orbit to watch how CO2 levels rise and fall throughout the seasons, in part to try to figure out if the land and oceans will continue to be able to absorb half of carbon emissions. The mission will last two years, and should give further insight into climate change. Learn more in the video below, at NASA or at New York Times. Mazda is likely to release a plug-in version of its Mazda2 hatchback with a rotary range extender, reports Australian site Motoring. The electrified Mazda2, and any other future Mazda EVs and hybrids, will likely be limited to markets with government subsidies for such vehicles (which doesn't include Australia) says Mazda Australia Managing Director Martin Benders. "As the best possible fuel economy at an affordable price hybrid doesn't make sense, because the fuel economy gain isn't that great unless half of all sales are hybrid, which won't happen without big tax breaks like in the Netherlands," said Benders. That doesn't rule out the US, though. A prototype version of the range-extended Mazda2 featured a 0.33-liter rotary engine to provide power to the lithium-ion battery pack when depleted. A 2.6-gallon gas tank essentially doubled the electric Mazda2's driving range to 250 miles. Read more at Motoring. Zap plans on selling 1,000 Urbee EVs per month to SunRa for distribution in China.

Mazda seeks $2.8 billion in loans to ride out pandemic

TOKYO — Mazda has sought loans totaling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday. The megabanks — Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group — along with the Development Bank of Japan, Sumitomo Mitsui Trust Holdings and others are set to agree, with some already having extended the loans, the person said, declining to be identified because the information is not public. All three megabanks declined to comment on the loan request, which was reported by the Nikkei business daily earlier. Mazda did not immediately respond to a request for comment.    Mazda, like most other automakers, has reduced or halted production at factories around the world for the past few months as governments try to limit the spread of the new coronavirus.     Mazda's car sales and balance sheet had been weak even before the virus slammed the brakes on demand, with its interest-bearing debt of 650 billion yen far exceeding its cash and cash equivalents, according to the Nikkei.    Mazda is scheduled to announce its financial results for the year ended in March on Thursday. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. 2019 Mazda3 Press Conference In 15 Minutes

Patent application suggests Mazda rotary return

A recent patent application by Mazda reveals that the Japanese automaker is still working on the rotary engine. This could in fact be the Skyactiv-R engine found in the RX-Vision concept from the 2015 Tokyo Motor Show. As with anything Wankel-related, nothing is certain until Mazda makes a production commitment. But this filing suggests that serious development is happening in Hiroshima. The 2011 Mazda RX-8 was the last rotary-powered car you could buy in America. Slow sales, poor fuel economy, and tighter emissions standards prevented Mazda from committing to a follow-up. But the fundamental principles of the rotary - compact size and light weight - perfectly fit Mazda's Skyactiv ethos. (For an explanation of how rotaries work, click here.) In this new engine the intake port sits at the bottom of the engine with the exhaust port on top instead of the other way around. That allows for lower mounting, which improves a car's center of gravity. This rotary is also turbocharged. Putting the turbo up high helps ensure it doesn't get in the way of any body or chassis crossmembers. The implication of those claims is that somebody is thinking about how to put this engine in a car. There are other benefits as well. The short path from the exhaust port to the turbo ensures minimal turbo lag. It also allows for a close-mounted catalyst on top of the enigne, which will help emissions. Another innovation in this new engine is a triangle-shaped rotor that covers part of the exhaust port. This allows for different exhaust flow characteristics. The filing claims that that two of the four orientations allow for less airflow resistance in the exhaust port. As in previous Mazda rotaries, there are two spark plugs to manage ignition timing and combustion. But unlike in the 16X concept, Mazda's last public display of such an engine, the new rotary uses port fuel injection. Keep in mind this is only a patent application. A Mazda spokesperson refused to comment on future product, but commented "As we stated at the Tokyo motor show, Mazda is doing all that it can to bring a rotary to the market." In the meantime, keep your RX-7 prayer candles lit and hope for the return of the rotary before the end of the decade. You can bide your time by reading the entire application here. Related Video: Related Gallery Mazda RX-Vision Concept: Tokyo 2015 View 11 Photos News Source: USPTO via autoevolution Rumormill Mazda Performance rotary mazda rx7