GÖTEBORG, Sweden, Dec. 9, 2019 /PRNewswire/ — Volvo Group Venture Capital AB has invested in Autotech Ventures – a leading American venture capital fund focusing on start-ups in the ground transportation sector. Autotech Ventures is a venture capital firm located in Silicon Valley managing over $200 million that focuses on the $3 trillion ground transportation… Continue reading Volvo Group Venture Capital Invests in Autotech Ventures
Author: PR Newswire Online News
Neuron EV Introduces Pure Electric TORQ
IRVINE, Calif., Dec. 6, 2019 /PRNewswire/ — Visionary automotive company Neuron EV has recently unveiled the Neuron EV TORQ, the firm’s electric semi-truck that sets new standards in clean energy vehicles. Sustainability The Neuron EV TORQ is a monumental leap forward in transitioning semi-trucks into the electric vehicle age. It fulfills the needs and expectations… Continue reading Neuron EV Introduces Pure Electric TORQ
Volvo Group Venture Capital Invests in Software for Autonomous Mobility
GÖTEBORG, Sweden, Dec. 5, 2019 /PRNewswire/ — Volvo Group Venture Capital AB has invested in Apex.AI, a leading software company in autonomous mobility. The investment will fund the development of a safety-certified software framework for autonomous systems. Apex.AI, a Palo Alto, California-based company founded in 2017, is building an automotive-grade version of ROS (Robot Operating… Continue reading Volvo Group Venture Capital Invests in Software for Autonomous Mobility
General Motors and LG Chem Team Up to Advance Toward an All-Electric Future, Add Jobs in Ohio
DETROIT, Dec. 5, 2019 /PRNewswire/ — Will create more than 1,100 new jobs in a new, Ohio-based facility Joint venture to drive cost per kilowatt hours to industry-leading levels New battery plant to have an annual capacity of more than 30 gigawatt hours with flexibility for expansion Companies enter joint agreement to develop advanced tech,… Continue reading General Motors and LG Chem Team Up to Advance Toward an All-Electric Future, Add Jobs in Ohio
VW, Daimler Executive Alvaro Ramis Joins Bestmile as VP of Business Development and Strategic Alliances
“Alvaro understands firsthand the importance of building partnerships with cities and other companies to deliver successful mobility services, having established multi-national partnerships in Europe, Asia, the Middle East, and North America,” said Raphael Gindrat, CEO and cofounder of Bestmile. “It takes an ecosystem of businesses and technologies to deliver next generation mobility services, and Alvaro… Continue reading VW, Daimler Executive Alvaro Ramis Joins Bestmile as VP of Business Development and Strategic Alliances
Hyundai Motor Unveils ‘Strategy 2025’ Roadmap to Transition into ‘Smart Mobility Solution Provider’
Hyundai to transition into Smart Mobility Solution Provider by 2025 with two pillars – Smart Mobility Device will expand beyond automobiles to include Personal Air Vehicle (PAV), robotics, last-mile mobility – Smart Mobility Service will offer personalized services and contents on integrated platform Hyundai announces a set of strategic goals – achieve balanced and steady growth – boost profitability… Continue reading Hyundai Motor Unveils ‘Strategy 2025’ Roadmap to Transition into ‘Smart Mobility Solution Provider’
Mazda Reports November Sales Results
IRVINE, Calif., Dec. 3, 2019 /PRNewswire/ — Mazda North American Operations (MNAO) today reported total November sales of 24,374 vehicles, an increase of 18 percent compared to the same month in 2018 and Mazda’s overall best November since 1994. Year-to-date sales totaled 252,061 vehicles, a decrease of 8.2 percent. With 26 selling days in November,… Continue reading Mazda Reports November Sales Results
Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ Premium Ride-Hailing Service in Hangzhou
The 50-50 joint venture between Daimler Mobility AG and Geely Technology Group is based in Hangzhou, where services will be launched with a fleet of 100 vehicles including Mercedes-Benz S-Class, E-Class and V-Class vehicles. StarRides will expand to other major cities in China starting in 2020. As previously announced, Daimler Mobility AG and Geely Technology Group will be… Continue reading Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ Premium Ride-Hailing Service in Hangzhou
Lucid Motors Marks Start of Construction at Arizona Electric Vehicle Factory Site
The event, designated a “ground-building” ceremony because it serves as a symbol of Lucid’s long-term commitment to the region, celebrates not only the start of construction but also Lucid’s plan for continuous growth and future products. “The Lucid Air is a cutting-edge electric vehicle designed, engineered, and destined for manufacture entirely in America,” said Peter… Continue reading Lucid Motors Marks Start of Construction at Arizona Electric Vehicle Factory Site
Together in Electric Dreams: Centrica and Citygate Launch Electric Vehicle Technology Partnership
Citygate and Centrica will also collaborate on the development of an EV Centre of Excellence as part of the agreement. Centrica will install an on-site virtual power plant (VPP) by linking EV chargers and other large energy-consuming assets into a cloud platform, so they can be turned down or turned off when demand for electricity… Continue reading Together in Electric Dreams: Centrica and Citygate Launch Electric Vehicle Technology Partnership