TEL AVIV, Israel and CHICAGO, Jan. 16, 2018 /PRNewswire/ — Bringg, the leading delivery logistics platform for enterprises, announced today that it has raised additional funding from strategic partners, bringing its Series B investment total to $22 million. The current $12 million round includes automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer,… Continue reading Bringg Announces $22 Million Series B Round Following Strong Deal Traction with International Brands
Category: Automotive
Ferrari SUV confirmed for late 2019: fastest SUV crown targeted
Fiat Chrysler boss Sergio Marchionne has said the Ferrari SUV could be ready by 2019 – and claimed it will be the fastest vehicle of its type. The colourful CEO initially indicated his intention to build an SUV – or FUV (Ferrari Utility Vehicle) in November 2017 and has since seen Lamborghini enter the market by… Continue reading Ferrari SUV confirmed for late 2019: fastest SUV crown targeted
VW Chief Sales Officer: E-mobility is making rapid progress in the USA
Jürgen Stackmann “In terms of charging infrastructure, a lot is happening in the country, which means that the barriers to entry into electromobility are falling,” said the VW board member. (Photo: AP) Despite the enthusiasm of the Americans for SUVs and heavy pickup trucks will, according to estimates of VWBoard member Jürgen Stackmann E-Mobility in… Continue reading VW Chief Sales Officer: E-mobility is making rapid progress in the USA
Schaeffler reports strong growth in 4th quarter 2017
HERZOGENAURACH, Germany, Jan. 16, 2018 /PRNewswire/ — Global automotive and industrial supplier Schaeffler announced its preliminary revenue figures for 2017 today. The company increased its revenue to approximately 14.0 billion euros (prior year: approximately 13.3 billion euros), growing by 5.9 percent at constant currency. Fourth quarter revenue rose to approximately 3.5 billion euros (prior year quarter:… Continue reading Schaeffler reports strong growth in 4th quarter 2017
Elon Musk said Tesla’s Model 3 owners will be able to control ‘pretty much anything’ in the car with their voices soon (TSLA)
Tesla’s Model 3 will have expanded voice control capabilities soon.Tesla Tesla CEO Elon Musk wrote on Twitter that Model 3 owners “will be able to do pretty much anything via voice command” soon. Musk added that Tesla is “focused on core Model 3 functionality right now,” but will work on introducing more features in the near… Continue reading Elon Musk said Tesla’s Model 3 owners will be able to control ‘pretty much anything’ in the car with their voices soon (TSLA)
Toyota Production in North America Nearly 2 Million in 2017
Nearly 32 Million Vehicles Produced in North America Since 1986 January 16, 2018 PLANO, Texas (Jan. 16, 2018) – In 2017, Toyota built 1,983,723 vehicles at its North American vehicle assembly plants. Production volume was down approximately 1 percent over the previous year total of 2,124,608 vehicles. Toyota’s total vehicle production in North America since 1986… Continue reading Toyota Production in North America Nearly 2 Million in 2017
Flat fare? Dodgy meter blocks rollout of London’s electric cabs
Automotive industry Flat fare? Dodgy meter blocks rollout of London’s electric cabs Zero-emission TX eCity cab can’t ply for hire until problem is sorted … and don’t get cabbies started on the lack of charging points Be lucky? Not likely. LEVC’s TX4 eCity has an iffy meter which makes trade as flat as January, the… Continue reading Flat fare? Dodgy meter blocks rollout of London’s electric cabs
ZF Enables Autonomous Driving for Everyone
ZF is proactive in establishing collaboration with automotive OEMs in China such as Chery by providing the supercomputer ZF ProAI. ZF’s artificial intelligence (AI) controller enables automated driving functions up to level 3 for this collaboration. Drivers will receive support in relief from driving tasks while all traffic participants will benefit from systems designed to… Continue reading ZF Enables Autonomous Driving for Everyone
Social Bicycles raises $10 million Series A round, rebrands as Jump Bikes
Social Bicycles, now officially known as Jump Bikes, has just closed a $10 million Series A round led by Menlo Ventures with participation from Sinewave Ventures, Esther Dyson and others. “At Menlo Ventures, our investment team supports entrepreneurs who are on a mission to change the world—including, how consumers move through it,” Menlo Ventures Managing… Continue reading Social Bicycles raises $10 million Series A round, rebrands as Jump Bikes
Lyft says nearly 250K of its passengers ditched a personal car in 2017
Lyft has a new report out detailing its ‘economic impact’ for 2017, and the document includes a lot of stats on its performance throughout the year. The ride-hailing provider claims 375.5 million rides for the year, which is 130 percent growth measured year-over-year. It served 23 million different passengers, itself a 92 percent YoY increase,… Continue reading Lyft says nearly 250K of its passengers ditched a personal car in 2017