Volocopter is developing new and sustainable mobility options for cities around the world. With its family of aircraft (the VoloCity, VoloConnect, and VoloDrone), the company takes a unique approach by developing urban air mobility (UAM) as a holistic ecosystem. Having ten years of development experience, Volocopter is the clear leader in the urban air mobility… Continue reading Volocopter Raises USD 170 million in First Signing of Series E Financing Round
Category: Automotive
Customer Pushback Dislodges a Price Rollback from Rivian
The Rivian R1T all-electric pickup truck would have cost 20% more under a price increase that Rivian later canceled for preorder customers. Photo: Rivian Electric pickup truck manufacturer Rivian on March 3 pulled back a steep price increase from customers who had placed pre-orders after many of them contacted the company to complain about the… Continue reading Customer Pushback Dislodges a Price Rollback from Rivian
Carlos Ghosn Blasts Tokyo Judge Who Called Him Greedy – The Wall Street Journal
TOKYO—A Tokyo judge lashed out at fugitive car executive Carlos Ghosn, calling him a greedy and malicious criminal, and Mr. Ghosn said the statements proved why he couldn’t have gotten a fair trial in Japan. Thursday’s ruling by the Tokyo District Court was probably as close as Japanese courts will get to rendering a verdict… Continue reading Carlos Ghosn Blasts Tokyo Judge Who Called Him Greedy – The Wall Street Journal
Mary Barra ready to prove GM stock is as valuable as Tesla – Detroit Free Press
General Motors CEO Mary Barra is masterful at masking what must be an annoying question she is regularly asked. Is GM stock undervalued? In short, she has said, yes, it is. See Barra has a vision: She has been transforming GM over the past several years to make it a technology company, one that happens to make cars. Go… Continue reading Mary Barra ready to prove GM stock is as valuable as Tesla – Detroit Free Press
@Honda: Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field
March 4, 2022, Tokyo, Japan – Sony Group Corporation (“Sony”) and Honda Motor Co., Ltd. (“Honda”) today announced that they have agreed to deepen discussion and exploration of forming a strategic alliance that aims to create a new era of mobility and mobility services. Specifically, the two companies have signed a memorandum of understanding that… Continue reading @Honda: Sony and Honda Sign Memorandum of Understanding for Strategic Alliance in Mobility Field
@Tata: Tata Motors goes #Hyperlocal for its passenger vehicle buyers000358
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@Hyundai: Shift to Regenerative Mobility | Future Mobility Seat Concept | LINEAPELLE X HYUNDAI TRANSYS
Play HYUNDAI TRANSYS showcased a future mobility seat concept made from sustainable materials at the LINEAPELLE International Leather Fair in Italy. LINEAPELLE is a representative fair of Italy that has led the innovation of the global leather industry and introduced the new direction of “sustainable leather.” It is widely known that more than 99.5% of… Continue reading @Hyundai: Shift to Regenerative Mobility | Future Mobility Seat Concept | LINEAPELLE X HYUNDAI TRANSYS
@Honda: Honda to Issue U.S. Dollar-Denominated Green Bonds to Accelerate its Environmental Initiatives
TOKYO, Japan, March 4, 2022 – Honda Motor Co., Ltd. today announced that the company will issue U.S. dollar-denominated Green Bonds totaling US$2.75 billion for its initiatives toward the realization of a society that aims for zero environmental impact. The proceeds from the issuance of the Green Bonds will be used exclusively toward environmental initiatives*1.… Continue reading @Honda: Honda to Issue U.S. Dollar-Denominated Green Bonds to Accelerate its Environmental Initiatives
@Ford: F-150 Lightning Endures Built Ford Tough Testing in Extreme Cold of Alaska; Electric Truck is All-Season Ready
DEARBORN, Mich., Mar. 3, 2022 – This winter, Ford engineers spent two weeks in the heart of Alaska in minus 30-degree temperatures to continue fine-tuning the F-150® Lightning™ pickup’s performance on low-traction surfaces like snow and ice, and in extreme cold to give customers maximum confidence. “Alaska provides us the extremely cold temperatures, snow… Continue reading @Ford: F-150 Lightning Endures Built Ford Tough Testing in Extreme Cold of Alaska; Electric Truck is All-Season Ready
Camozzi Group to “rise to the technological challenge” of Formula 1 in Alfa Romeo partnership
The Camozzi Group, parent firm of large-format 3D printer manufacturer Ingersoll Machine Tools, has entered into a partnership with Alfa Romeo F1 team ORLEN. Set to take on advertorial, technical and sporting dimensions, the deal will see the Camozzi Group use its production expertise to aid the work of both the Alfa Romeo F1 team,… Continue reading Camozzi Group to “rise to the technological challenge” of Formula 1 in Alfa Romeo partnership