FILE PHOTO: The logo of Hyundai Motor is pictured at the second media day for the Shanghai auto show in Shanghai, China April 17, 2019. REUTERS/Aly Song/File Photo TOKYO (Reuters) – Hyundai Motor Co (005380.KS) and its affiliates are ready to decide the location of a new hydrogen fuel-cell system factory this year, which could… Continue reading Hyundai to decide hydrogen fuel-cell system factory location this year: executive
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KARMA GROWS EUROPEAN RETAIL NETWORK BY ADDING KARMA SPAIN
VIEW ALL () x Feb 25,2020 New Karma Retail Partner Established in Valencia, Spain Spania GTA to Operate Karma Spain Karma’s European Retail Presence Supports Company’s Global Expansion Plans IRVINE, Calif./VALENCIA, Spain, (February 25, 2020) – Karma Automotive, the Southern California-based creator of luxury electric vehicles and high-tech incubator, today added Karma Spain to its… Continue reading KARMA GROWS EUROPEAN RETAIL NETWORK BY ADDING KARMA SPAIN
Uber Resumes Service in Colombia
Colombia taxi groups have argued that this step is not enough, and that Uber is unregulated and should be banned. Photo via Uber. Weeks after it was forced to exit the country, Uber has returned to Colombia, the Financial Times reports. The app started working again Thursday after Uber said it made changes to its… Continue reading Uber Resumes Service in Colombia
GreenGo Expands Electric Carsharing Service to Prague
GreenGo’s vehicles can be accessed with a mobile app and are available in a 35-square-kilometer area of Prague’s city center. Photo via Moyan Brenn/Wikimedia. Hungarian-based GreenGo has expanded its electric carsharing service to Prague, according to a report by Hungary Today. The new Prague location will start operating with 100 all-electric Volkswagen e-Up! vehicles. Simon… Continue reading GreenGo Expands Electric Carsharing Service to Prague
Why some medtech products fail to take off, despite rising healthcare spending
Commercializing medtech products remains a tough sell for startups like Mirxes, despite healthy investor interest and increased public health expenditure. Go to Source
China’s Didi set to challenge Uber Eats with Japan expansion
Didi is looking to officially launch its food delivery service in Japan in April. Go to Source
FogHorn Raises $25M in Series C Funding
FogHorn, a Sunnyvale, Calif.-based developer of intelligence edge computing software for industrial and commercial IoT application solutions, closed $25m in series C round of funding. The round – which brought total funding raised to date to $72.5m – was led by LS Corp., with participaiton from Forte Ventures and existing investors Dell Technologies Capital, Intel… Continue reading FogHorn Raises $25M in Series C Funding
HeadSpin Raises $60M in Series C Funding at $1.16 Billion Valuation
HeadSpin, a Palo Alto, Calif.-based company that ensures connected experiences enabled by web, mobile, IoT and 5G, raised $60m in Series C funding. The round – brings the total amount raised since inception to $117m and valuation to $1.16 billion – was led by Dell Technologies Capital and ICONIQ Capital with participation from institutional investors… Continue reading HeadSpin Raises $60M in Series C Funding at $1.16 Billion Valuation
Toyota accelerates push into driverless technology
Japanese carmaker pours $400m into Chinese start-up Pony.ai as global race heats up Go to Source
Toyota steers $400 million to self-driving startup Pony.ai
Pony.ai, a self-driving startup based in Silicon Valley and Guangzhou, China, is deepening its ties to Toyota. The two companies announced a pilot program to test self-driving cars on public roads in two Chinese cities, Beijing and Shanghai. The Japanese auto giant plans to invest $400 million in Pony.ai, valuing the startup at $3 billion.… Continue reading Toyota steers $400 million to self-driving startup Pony.ai