About the “A3MR” (A-cubed MR) The “Vehicular High-precision Angle Sensor” or the “A3MR” Panasonic unveiled in March 2017 is a sensor device that detects the rotation angle of vehicular motors with superior precision. The 3 “A”s of the “A3MR” stands for:Anisotropic (AMR – Anisotropic Magneto Resistance element)Absolute (Absolute angle measurement)Accurate (Accurate detection) “A3MR” is a… Continue reading Panasonic’s “Vehicular High-precision Angle Sensor” – Detects Rotation Angle of Vehicular Motors with Superior Accuracy
Category: Automotive
Ofo Sets New Fundraising Record After Collecting $700 Million In New Round
What do you do when your closest rival raises a record financing round? Complete a larger fundraising and set a new record, of course. That’s what Beijing-based bike sharing company ofo Inc. just did. A few weeks after competitor Mobike raised US$600 million, ofo announced today that it has raised more than US$700 million led… Continue reading Ofo Sets New Fundraising Record After Collecting $700 Million In New Round
Tesla Is Starting to Face Serious Competition
July 5, 2017, 11:25 AM EDT
Mobike Starts Selling Raincoats In First Attempt To Monetize Via E-Commerce
Shanghai-based bike sharing company Mobike has begin a trial to monetize its vast network of five million bikes around 100 cities globally by selling raincoats at RMB268 (US$39.5) apiece, in its first major attempt to make money outside of charging users for rides. The company, which has raised nearly US$1 billion this year at a… Continue reading Mobike Starts Selling Raincoats In First Attempt To Monetize Via E-Commerce
Panasonic Completes Acquisition of Additional Shares of Ficosa,a Global Tier 1 Automotive Parts & Systems Supplier
Osaka/Barcelona – Panasonic Corporation (Head office: Kadoma City, Osaka, President: Kazuhiro Tsuga; hereinafter, Panasonic) announced today that it has completed its previously announced acquisition of additional shares in Ficosa International, S.A. (Head office: Barcelona City, Spain, CEO: Javier Pujol; hereinafter, Ficosa), which is a global tier 1 supplier of automotive parts and systems, after the… Continue reading Panasonic Completes Acquisition of Additional Shares of Ficosa,a Global Tier 1 Automotive Parts & Systems Supplier
LeEco Founder Jia Yueting Sells Stake In US EV Firm Lucid Motors
Amidst an ongoing liquidity crisis, the founder of Chinese tech conglomerate LeEco has sold his stake in Menlo Park, California-based electric vehicle company Lucid Motors. Jia Yueting, who once dreamed of creating a Chinese tech juggernaut combining the attributes of Netflix, Apple and Tesla, revealed the news of his divestment last week during an especially… Continue reading LeEco Founder Jia Yueting Sells Stake In US EV Firm Lucid Motors
Hellobike Raises Series B+ Round From EV Start-Up WM Motor
WM Motor, an electric vehicle start-up founded by the former China head of Volvo Car Corporation, has made a strategic investment in Hellobike, a bike-sharing start-up focused on mid-size cities across China. Hellobike, which two months ago raised hundreds of millions of RMB in a series B round led Chengwei Capital, and is also backed… Continue reading Hellobike Raises Series B+ Round From EV Start-Up WM Motor
New Taxify Category
Estonian Parliament recently accepted a new transportation law, which set same rules for both private and taxi drivers. Taxify will now merge Private and Taxi categories into a New Taxify category that will provide the biggest fleet in Tallinn and the fastest arrival times. Ride prices are now calculated with the Taxify app and all cars will follow the same quality… Continue reading New Taxify Category
LeEco Founder Jia Yueting Placed On Defaulters List After Ignoring Chinese Court Order
Jia Yueting, the founder of troubled Chinese technology conglomerate LeEco, has been placed on a national list of defaulters after failing to comply with a court order related to unpaid debts, according to Chinese media reports. The news is the latest setback for a business leader who once dreamed of creating a Chinese tech juggernaut… Continue reading LeEco Founder Jia Yueting Placed On Defaulters List After Ignoring Chinese Court Order
1st year of Taxify South Africa
Taxify recently celebrated its 1st birthday in South Africa after launching back in 2016! Over this short period, Taxify has had a great impact on the way they have been moving riders across the country. What happened within the first year: Taxify Expanded to 3 of South Africa’s biggest cities within 6 months of launch.… Continue reading 1st year of Taxify South Africa