Humatics, a Waltham, Mass.-based microlocation technology company, secured $30m in Series B funding. The round, which brought its total raised to over $80m, was led by Blackhorn Ventures with participation from Tenfore Holdings, Fontinalis Partners, Airbus Ventures, Lockheed Martin Ventures, and Presidio Ventures. The company intends to use the funds to expand its talent pool, scale its… Continue reading Humatics Raises $30M in Series B Funding
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Self-driving car operator charged over fatal crash
image copyrightReuters The back-up driver of an Uber self-driving car that killed a pedestrian has been charged with negligent homicide. Elaine Herzberg, aged 49, was hit by the car as she wheeled a bicycle across the road in Tempe, Arizona, in 2018. Investigators said the car’s safety driver, Rafael Vasquez, had been streaming an episode… Continue reading Self-driving car operator charged over fatal crash
Bosch and Weichai Power increase efficiency of truck diesel engines to 50 percent
Bosch and Weichai Power, China’s largest manufacturer of commercial vehicle engines, have succeeded in increasing the efficiency of a Weichai diesel engine for heavy commercial vehicles to 50 percent for the first time and set a new global standard. On average, the thermal efficiency of truck engines is currently around 46 percent. Especially in the commercial vehicle… Continue reading Bosch and Weichai Power increase efficiency of truck diesel engines to 50 percent
Volvo Car India collaborates with HDFC Bank to facilitate easy financing
Volvo Car India has introduced Volvo Car Financial Services in collaboration with HDFC Bank to enable buyers to receive easy finance for a Volvo car of their choice. The service will facilitate finance of upto 100 percent of ex-showroom price of a Volvo car and will offer convenient repayment options, with no foreclosure charges under specific… Continue reading Volvo Car India collaborates with HDFC Bank to facilitate easy financing
German Handelsblatt: Hydrogen trucks: Daimler Truck boss Daum: “The fuel cell is becoming mainstream in trucks” 000323
Martin Daum The head of Daimler Trucks is looking to electric drives. (Photo: dpa) Frankfurt, Munich The diesel engine currently seems to be hard to replace in trucks. Martin Daum does not want to leave any doubt about that. Commercial vehicles with alternative drives are currently still significantly more expensive to purchase and operate than… Continue reading German Handelsblatt: Hydrogen trucks: Daimler Truck boss Daum: “The fuel cell is becoming mainstream in trucks” 000323
Bridgestone sacrifices its Béthune plant, 863 jobs at stake
Posted on Sep 16, 2020 at 11:19 amUpdated Sep 16, 2020 at 11:51 am Bridgetone wants to close its Béthune factory, but the company will find the government and Xavier Bertrand on its way. In a press release published this Wednesday morning, the Japanese manufacturer Bridgestone said “consider the total and permanent cessation of activity”… Continue reading Bridgestone sacrifices its Béthune plant, 863 jobs at stake
German Handelsblatt: Electromobility: A difficult start into the electric age: The Mercedes ECQ in the Handelsblatt Autotest000321
Mercedes EQC The SUV should be the prelude to the EQ series. (Photo: Daimler [M]) Düsseldorf If you don’t know, Daimler’s first electric vehicle would be a conventional model from the Mercedes SUV series. Where others develop their electric models from scratch, the EQC shares its platform with the GLC combustion model. Where others rely… Continue reading German Handelsblatt: Electromobility: A difficult start into the electric age: The Mercedes ECQ in the Handelsblatt Autotest000321
PSA-FCA: why the Peugeot did not try to rebalance the “deal”
Posted on Sep 16, 2020 at 6:45 am But why have the major shareholders of PSA not sought to push their advantage? Number of observers would have deemed legitimate a renegotiation of the terms of the merger with FCA, and the financial markets have long expected this, given the financial development of the two fiancés… Continue reading PSA-FCA: why the Peugeot did not try to rebalance the “deal”
Waze’s latest update adds lane guidance and proactive traffic updates
Sponsored Links Waze Waze opened up its first global virtual event and announced some new features that are either live now in its app or will be available soon. One feature coming over from its cousin Google Maps right now is Lane Guidance that prompts drivers to get in the right spot for their upcoming… Continue reading Waze’s latest update adds lane guidance and proactive traffic updates
Neogene Therapeutics Grabs $110M to Tackle Solid Tumors With Cell Therapy
September 15th, 2020 Xconomy Europe — Cell therapy offers another option for addressing the most difficult blood cancer cases, but such treatments, which are engineered from a patient’s own immune cells, don’t yet work on solid tumors. Neogene Therapeutics is developing technology with the potential to bring cell therapies to solid tumors and it now… Continue reading Neogene Therapeutics Grabs $110M to Tackle Solid Tumors With Cell Therapy