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Carbice Holds First Closing of $15M Series A Funding
Carbice Corporation, an Atlanta, GA-based maker of Carbice® Carbon, a product that lowers device temperatures and dissipates heat away from product packaging, held the first closing of a $15m Series A funding round. The round was led by Downing Ventures with participation from Toyota AI Ventures. The company intends to use the funds to attract top talent… Continue reading Carbice Holds First Closing of $15M Series A Funding
Envoy Raises $11M in Series A Funding
Envoy Technologies has secured an $11 million Series A round and a strategic vehicle financing facility to assist it to scale to thousands of vehicles, the company announced. The Series A was co-led by Shell Ventures and Building Ventures and included other notable investors: DENSO, Goodyear Ventures, GroundBreak Ventures, and the Los Angeles Cleantech Incubator Impact Fund. The… Continue reading Envoy Raises $11M in Series A Funding
Rinspeed’s mobile locker concept – Business Vans – Business Vans
DELIVERIES into city centres or the ‘last mile’ an be difficult at the best of times. Drones or intelligent robots are not cost effective while just-in-time meetings of recipient and delivery vehicle on the streets are unsuitable because it is difficult to predict traffic and human behaviour. If the vehicle waits until the parcel recipient… Continue reading Rinspeed’s mobile locker concept – Business Vans – Business Vans
Rinspeed CitySnap delivers highly automated logistics – www.electrive.com
Mobility think-tank Rinspeed from Switzerland presents CitySnap, the latest EV in their Snap Motion line. This time, they constructed the body to accommodate highly automated deliveries and most mobile pick-ups. According to Rinspeed, these modular delivery vehicles will not only significantly reduce expenses on the last-mile but also reduce the number of delivery vehicles by… Continue reading Rinspeed CitySnap delivers highly automated logistics – www.electrive.com
German Handelsblatt: Car company: “Absolutely resistant to advice” – Daimler works council boss attacks board members head-on000821
Daimler site in Sindelfingen With its Chinese investor Geely, the group will build four-cylinder gasoline engines on a grand scale in the Far East instead of in Europe from 2024. (Photo: dpa) Munich, Frankfurt As the top representative of more than 170,000 employees in Germany, Daimler works council boss Michael Brecht is one of the… Continue reading German Handelsblatt: Car company: “Absolutely resistant to advice” – Daimler works council boss attacks board members head-on000821
Tesla boosts Model S range again, now beating Lucid Air
Tesla has again increased the range of the Model S electric sedan to a new record high. It is again taking the lead in its range and price rivalry with Lucid. Earlier this year, Tesla managed to increase the range of the Model S to 402 miles on a single charge – a new record for… Continue reading Tesla boosts Model S range again, now beating Lucid Air
Ford to launch new digital platform to sell used vehicles
Ford Motor Co. is launching a new digital platform for used-vehicle sales, a move aimed at increasing the Dearborn automaker’s market share as new online startups compete for the favor of consumers and investors alike. The platform, branded Ford Blue Advantage, will allow Ford’s 3,100-member dealership network to list and sell their used-vehicle inventory in… Continue reading Ford to launch new digital platform to sell used vehicles
German FAZ: VW sniffs mountain air000541
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BMW’s Chinese partner enters bankruptcy restructuring
HONG KONG/GUANGZHOU — BMW’s partner in China, Huachen Automotive Group Holdings, entered bankruptcy restructuring on Friday. The Shenyang Municipal Intermediate People’s Court in northeast China’s Liaoning Province, where the company is based, accepted the restructuring application filed by a creditor, according to court records. Huachen, owned by the Liaoning provincial government, is the parent of… Continue reading BMW’s Chinese partner enters bankruptcy restructuring