Category: Automotive

Ferrari SP48 Unica unveiled as one-off V8 berlinetta

Ferrari has uncovered its newest one-off supercar commission: the SP48 Unica. Starting with the platform and twin-turbocharged V8 from the F8 Tributo, Ferrari has given the SP48 an entirely bespoke body and an optimised aero package, alongside unique interior finishes. The new car is destined for one of Ferrari’s ‘long-standing clients’, who was closely involved… Continue reading Ferrari SP48 Unica unveiled as one-off V8 berlinetta

@VW Group: Porsche AG acquires stake in innovative producer of battery materials005012

© 2022 Dr. Ing. h.c. F. Porsche AG. *Data determined in accordance with the measurement method required by law. As of 1 September 2018 the Worldwide Harmonised Light Vehicles Test Procedure (WLTP) replaced the New European Driving Cycle (NEDC). Due to the more realistic test conditions, the fuel/electricity consumption and CO₂ emission values determined in accordance… Continue reading @VW Group: Porsche AG acquires stake in innovative producer of battery materials005012

Vietnam-based investment app Finhay said to raise $25m funding

Singapore-based Openspace Ventures and mid-market private equity firm Vietnam Investment Group (VIG) are understood to have co-led a $25 million funding round for Vietnamese robo-advisor Finhay. Finhay’s existing backer, Thien Viet Securities (TVS), also participated in the round, sources familiar with the matter told DealStreetAsia. Go to Source

Indonesian used car marketplace Moladin raises $95m in DST-led Series B …

Moladin, an Indonesia-based marketplace for used cars and motorbikes, has raised $95 million in its Series B funding round led by DST Global, according to regulatory filings seen by DealStreetAsia – DATA VANTAGE. The filing with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) confirms DealStreetAsia’s report in April that said the startup was finalising a… Continue reading Indonesian used car marketplace Moladin raises $95m in DST-led Series B …

@Nio: NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange000389

May 5, 2022 NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced the proposed secondary listing of its Class A ordinary… Continue reading @Nio: NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange000389

GM & INRIX announce Safety View, a SaaS-based road safety solution

General Motors and INRIX have announced a collaboration to develop safety solutions that will help transportation and planning agencies achieve their road safety goals. Available first in the U.S., and leveraging the GM Future Roads platform, Safety View provides transportation officials with critical insights using crash, vehicle and vulnerable road user information alongside from the U.S. Census. The application helps… Continue reading GM & INRIX announce Safety View, a SaaS-based road safety solution

Lucid is raising prices on its luxury Air EV by as much as 13%

Lucid Group is the latest automaker to up the price of its electric vehicles. The company announced Thursday alongside its first-quarter earnings report that it was raising prices of the variants of its luxury Air sedan, beginning June 1. The price hikes pushes base price of the Air sedan as much as 13%. All existing… Continue reading Lucid is raising prices on its luxury Air EV by as much as 13%