Sibros Closes $12 Million Series A for First Deep Connected Vehicle Platform

SAN JOSE, Calif., July 20, 2020 /PRNewswire/ — Deep Connected Vehicle platform company Sibros, announced today it has closed $12 million in Series A funding, bringing its total capital raised to over $15 million. The round was led by Nexus Venture Partners with participation from Moneta Ventures and Twin Ventures. The funds will be used to… Continue reading Sibros Closes $12 Million Series A for First Deep Connected Vehicle Platform

CarLabs.ai adds AI Talent, John A. Ruble, to its Team

LOS ANGELES, July 15, 2020 /PRNewswire/ — CarLabs.ai, the leading AI-powered intelligent virtual agent solution provider in the automotive industry, welcomes new Vice President of Business Development, John Ruble. CarLabs’ will benefit from Ruble’s formidable AI business development track record to expand its client base and bring value to new automotive partnerships using the CarLabs.ai platform.  … Continue reading CarLabs.ai adds AI Talent, John A. Ruble, to its Team

ParkMobile Hits the 19 Million User Milestone and Expands into 20 New Cities in the First Half of 2020

ParkMobile’s strong brand awareness and large network of users are key reasons why 20 new cities (listed below) have launched the app since January. Allentown, PA Bethlehem, PA Belmar, NJ Birmingham, AL Charlestown, MD Colorado Springs, CO East Brunswick, NJ Easton, PA Estes Park, CO Harrison, NJ Hood River, OR Lawrence, MA La Crosse, WI… Continue reading ParkMobile Hits the 19 Million User Milestone and Expands into 20 New Cities in the First Half of 2020

Alpine Electronics of America, Inc. Recognized by General Motors as a 2019 Supplier of the Year Winner

AUBURN HILLS, Mich., July 13, 2020 /PRNewswire/ — Alpine Electronics of America, Inc., an Alps Alpine Group Company, was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company’s 28th annual Supplier of the Year awards on Wednesday, June 24, 2020.  During the event, GM recognized… Continue reading Alpine Electronics of America, Inc. Recognized by General Motors as a 2019 Supplier of the Year Winner

CATL and Honda Sign Agreement to Form Comprehensive Strategic Alliance on Batteries for New Energy Vehicles

Alliance will include joint development of batteries for new energy vehicles (NEVs) and joint R&D into next-generation fundamental technologies. Stable supply of NEV batteries from CATL to Honda. Two companies will further expand their discussion on a battery recycling and reuse. Honda has acquired CATL shares through CATL’s non-public issuance of stocks. NINGDE, China, July 10, 2020… Continue reading CATL and Honda Sign Agreement to Form Comprehensive Strategic Alliance on Batteries for New Energy Vehicles

Rivian announces $2.5 billion investment round

Participants in this investment round include Soros Fund Management LLC, Coatue, Fidelity Management and Research Company, and Baron Capital Group. Existing shareholders Amazon and funds managed by BlackRock also participated. “We are focused on the launch of our R1T, R1S and Amazon delivery vehicles. With all three launches occurring in 2021, our teams are working… Continue reading Rivian announces $2.5 billion investment round

Karma And PATEO Announce Strategic Partnership To Develop Automotive Technologies

IRVINE, Calif., July 9, 2020 /PRNewswire/ — Karma Automotive, the Southern California-based luxury electric vehicle manufacturer and the developer of advanced technologies in automotive industry,  and PATEO, an IoV (input/output virtualization) enterprise combining the best of internet/consumer electronics and automotive, have partnered to integrate the PATEO Qing Mobile solution as a Proof of Concept (“POC”)… Continue reading Karma And PATEO Announce Strategic Partnership To Develop Automotive Technologies

Daimler shareholders support strategic direction with vast majority

STUTTGART, Germany, July 9, 2020 /PRNewswire/ —  Shareholders approved all items on the agenda at the virtual Annual Meeting Actions of the members of the Board of Management ratified with 96.60% of the votes cast Actions of the members of the Supervisory Board ratified with 88.45% of the votes cast Manfred Bischoff, Chairman of the… Continue reading Daimler shareholders support strategic direction with vast majority

CleanSpark, Inc. and ReJoule Awarded $2.9 Million Dollar Second-Life EV Battery Grant with Support from Ford Motor Company

SALT LAKE CITY and STANTON, Calif., July 9, 2020 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and services company, and ReJoule, a battery diagnostics and optimization company announced that they have been awarded a grant from the California Energy Commission. The grant is approximately $2.9 million and is slated to be deployed over the next 30… Continue reading CleanSpark, Inc. and ReJoule Awarded $2.9 Million Dollar Second-Life EV Battery Grant with Support from Ford Motor Company