Category: Automotive

Munich-based IoT transportation startup KONUX raises €11.5 million with backing from Alibaba

Munich-based transportation startup KONUX offers IoT industrial solutions for the rail industry. It combines smart sensors and AI-based analytics to make trains more punctual, while improving network capacity through predictive maintenance planning and the optimisation of railway utilisation.

Founded in 2014, KONUX was named one of the most innovative scale-ups worldwide by the World Economic Forum. The startup has just raised €11.5 million in an extension of its Series B round, bringing the total amount raised in the round since last year to €29 million, and the total raised to date by the startup to €44 million. The Series B round was backed by existing investors New Enterprise Associates (NEA), Upbeat Ventures, MIG AG, and new investor Alibaba Group.

With the new funding and backing from Alibaba Group, KONUX plans to expand internationally, especially in China.

“With the new investments, adding to the $20 million we raised ten months ago, we have an even stronger financial positi..

Flipkart co-founder Sachin Bansal invests $92M in Ola

The money is starting to flow from India’s largest startup exit. Ola has added a major name to its ongoing financing round after it confirmed that Flipkart co-founder Sachin Bansal has invested 650 crore INR (around $92 million) into the Indian ride-hailing business. The deal rumored in January when Paper.vc, an intelligence service that sifts through company… Continue reading Flipkart co-founder Sachin Bansal invests $92M in Ola

Bill Gates calls Tesla “an amazing product,” doesn’t see electric trucks working quite yet

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Bill Gates
Electric cars may be seen by some as part of a seemingly unstoppable, powerful technological wave that will disrupt not just the auto industry but most other forms of transportation.

Don’t count on Bill Gates as one of those bright-eyed EV cheerleaders; on the other hand, don’t dismiss him as someone who doesn’t want to see transportation remade in a dramatically carbon-reduced form.

DON’T MISS: Iron Man 2 reunion: Musk friend Larry Ellison named to Tesla board

Gates, who was recently interviewed by tech reviewer Marques Brownlee, takes (as on many things) a pragmatic view with respect to how battery-electric tech will transform transportation. The Microsoft co-founder, turned humanitarian and philanthropist, called Tesla “an amazing product,” and noted that while it’s catching on it’s still a very small percentage of the market—and the loss of the $7,500 federal tax credit is making it tougher.

He sees other automakers getting more involved because of the California regulations that cover a significant portion of the U.S., and says that “there’ll be a lot of really great electric cars to choose from.”

The video didn’t feature Gates’ answer to Brownlee’s question about whether he had gone electric or not.

Freightliner eCascadia electric semi-truck

While electric power may soon catch on for cars, Gates prognosticates that trucks may be more of a reach: “Eventually batteries might work for a truck, but it’s a far more difficult problem because the weight is a lot higher there.”

CHECK OUT: Bill Gates Backs EcoMotors’ New OPOC Engine With $23.5 Million Investment

For the transportation sector as a whole, he pointed to the wide range of innovations we’re going to need. And he refers to an essential relationship that we often note here at Green Car Reports—that electric vehicles are only as clean as the energy source used to generate the electricity used to charge them.

The electricity grid remains dramatically different regionally in the U.S., but on a national basis, according to data updated by the Union of Concerned Scientists last year, the average electric car now produces the equivalent greenhouse-gas emissions to a gasoline vehicle that achieves 80 mpg. Further, 75 percent of Americans now live in areas where the average EV has lower carbon dioxide emissions than a gas car that gets 50 mpg—although in some regions the other “criteria emissions,” from coal plants in particular, continue to be an issue.

READ MORE: From Apple To Tesla: Woz Follows The Trend, Buys Model S

A report last year from Bloomberg New Energy Finance projected that 50 percent of new cars, worldwide, would be electric, and that renewable solar and wind will generate half of the world’s electricity by 2050—enabled by more affordable batteries and energy storage. BNEF anticipated that the share of renewable sources will be higher in China and India than in the U.S.

That won’t be enough to meet global climate targets. But with some help from big-picture innovators and problem-solvers like Gates, we might get a lot closer.

BMW at the 89th Geneva International Motor Show 2019.

Munich/Geneva. The BMW stand at the International Motor Show 2019 in Geneva focuses on the company’s continuing model offensive in the luxury segment and the ongoing expansion of its range of vehicles with electrified drive systems. Just a few weeks after being unveiled to the world, the new BMW 7 Series luxury sedan is making… Continue reading BMW at the 89th Geneva International Motor Show 2019.

COMMON STATEMENT OF THE ASSOCIATION OF EUROPEAN BUSINESS (AEB), DEUTSCH-RUSSISCHE AUSLANDSHANDELSKAMMER (AHK), LA CHAMBRE DE COMMERCE ET D’INDUSTRIE FRANCO-RUSSE (CCI FRANCE RUSSIE) AND SUOMALAIS-VENÄLÄINEN KAUPPAKAMARI (SVKK) ON BARING VOSTOK CAPITAL PAR

Нужны услуги?Services needed? Новый сервис от АЕБ | AEB quotation platformBUSINESS SERVICES PLATFORM (BSP) Заполните заявкуFill in the request form array(16) { [0]=> array(10) { [“TEXT”]=> string(4) “News” [“LINK”]=> string(9) “/en/news/” [“SELECTED”]=> bool(false) [“PERMISSION”]=> string(1) “R” [“ADDITIONAL_LINKS”]=> array(0) { } [“ITEM_TYPE”]=> string(1) “D” [“ITEM_INDEX”]=> int(0) [“PARAMS”]=> array(0) { } [“DEPTH_LEVEL”]=> int(1) [“IS_PARENT”]=> bool(false) } [1]=>… Continue reading COMMON STATEMENT OF THE ASSOCIATION OF EUROPEAN BUSINESS (AEB), DEUTSCH-RUSSISCHE AUSLANDSHANDELSKAMMER (AHK), LA CHAMBRE DE COMMERCE ET D’INDUSTRIE FRANCO-RUSSE (CCI FRANCE RUSSIE) AND SUOMALAIS-VENÄLÄINEN KAUPPAKAMARI (SVKK) ON BARING VOSTOK CAPITAL PAR

Nissan’s old Leaf batteries can power this smart pop-up camper for one week

Nissan has turned its old Leaf batteries into an off-grid camping companion. The automaker’s Nissan Energy subsidiary worked with camper manufacturer Opus to create the ultimate “smart” pop-up trailer that integrates cells recovered from its first-generation electric vehicles to provide off-grid power. Add in one to two recharges of the accompanying 400W solar panel accessory and… Continue reading Nissan’s old Leaf batteries can power this smart pop-up camper for one week

NIO and Central Saint Martins Announce Partnership to Launch New Design Initiative

Shanghai, China – February, 16, 2018 – Today, NIO and Central Saint Martins, University of the Arts London’s world renowned art and design college, announced the launch of their “Blue Sky Thinking” global community of designers. The innovative design community aims to bring together young talent and create environmentally-friendly designs.  Over 100 top students from… Continue reading NIO and Central Saint Martins Announce Partnership to Launch New Design Initiative

German Design Awards: The third generation of the Volkswagen Touareg is a combination of majestic solidity with finely tuned sophistication 

German Design Awards: The third generation of the Volkswagen Touareg is a combination of majestic solidity with finely tuned sophistication

WOLFSBURG/FRANKFURT, 8-Feb-2019 — /EuropaWire/ — German brand and design authority Rat für Formgebung presented the top gold award in the “Passenger Vehicles” category for the Volkswagen Touareg at the German Design Awards on a ceremony held in Frankfurt am Main.

The prestigious prize was accepted by Klaus Bischoff, Head of Volkswagen Design.

At the ceremony the expert jury praised the SUV model, especially for the technology, the high quality and the fun factor.

The expert jury on their decision to give the award to the Volkswagen Touareg:

“With the now third generation of the Touareg, Volkswagen offers a timelessly elegant all-rounder that leaves nothing to be desired in terms of form and technology and also perfectly embodies the classic Volkswagen virtues. A fantastic SUV, harmoniously designed down to the very last detail, with a compact design that is pleasantly solid yet of impressive quality. A perfect family car that is impressive and also fun on all occasions.”

The third generation of the Touareg is Volkswagen’s technology leader, well-engineered, dynamic and elegant SUV. Volkswagen’s top model simply combines majestic solidity with finely tuned sophistication.

Klaus Bischoff, Head of Volkswagen Design:

“The Touareg is a friendly character that doesn’t have to prove itself. Its sovereignty is based on steadfast composure – it knows it can do it. We have perfected this character with the new generation.”

Volkswagen was one of the winners at the 2017 German Design Award in the “Transportation” category with the Tiguan.

SOURCE: Volkswagen

MORE ON RAT FÜR FORMGEBUNG, GERMAN DESIGN AWARDS, SUVS, VOLKSWAGEN TOUAREG:

Evonik’s “Black & Bright” advertising campaign wins the German Brand Award – For more than a year now, the Black & Bright advertising campaign of the Molding Compounds Product Line of Evonik’s Performance Materials Segment has been forcefully illustrating how the PLEXIGLAS® brand stands for both tradition and inspiration…

Cargotec’s Hiab a nominee in the prestigious 2017 German Brand Award competition – Hiab, part of Cargotec, has been selected as a nominee in the prestigious 2017 German Brand Award competition. Hiab has entered this year’s competition in the Industry Excellence in Branding category, in the Logistics and Infrastructure section…

All-new Bentley Continental GT wins exterior and interior design categories at the German Design Awards – The all-new Bentley Continental GT has won Gold in two key categories of the prestigious German Design Awards – one of the most highly respected design competitions in the world…

Volkswagen Touareg is the 30 millionth Volkswagen brand delivery milestone in China – Volkswagen is speeding up its activities in China, re-energizing the brand under its Move Forward initiative. The brand’s product portfolio was strengthened with no less than 9 new models in 2018…

Russian Book of Records: Volkswagen Touareg demonstrated the greatest average speed on the ice over the 1000 km distance on Lake Baikal – On April 21 the Russian Book of Records officially confirmed the result of the Volkswagen Touareg drive “The greatest average speed developed by a stock car over the 1000 km distance”…

Volkswagen: World premiere of the new Touareg on 23 March 2018 in Beijing – Standing at the top of the model range, the Touareg shows all of the brand’s power with its expressive design, innovative technologies and dynamic handling properties…

Volkswagen presents the first trailer showcasing its new unveiled SUV T-Cross – The T-Cross will be launched with the slogan “I am more” – positioning and pledge at the same time. This message is split into four focus areas “I am practical”, “I am cool”, “I am intuitive” and “I am safe”. A trailer has been created for each of these areas. The fourth clip, “I am safe”, can now be seen here…

SEAT marks its entry into the large SUV market with the launch of Tarraco – The SEAT Tarraco is here. Named after the Mediterranean city of Tarragona, a historic, cultural centre with awe-inspiring architecture but a spirit that is young and adventurous…

Borealis Daplen™ polypropylene compound grades with post-consumer recycled content used in specially-built hybrid Volvo SUV – Borealis and Borouge, leading providers of innovative, value-creating plastics solutions, announce another promising result of value chain cooperation involving the use of post-consumer recycled (PCR) plastics, in this instance to improve the environmental footprint of automotive vehicles…

Volkswagen to launch its new seven-seater SUV Teramont in the Middle East – Volkswagen will launch its new Teramont SUV in the Middle East. As a seven-seater, it is the first Volkswagen of its kind in this region. Its American counterpart – named Volkswagen Atlas – has already won several awards…

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Notification shares buy-back: DIGI COMMUNICATIONS N.V. reports to the regulated market the transactions which occurred under the DIGI symbol between 11 and 15 February 2019

Report of legal documents concluded by DIGI Communications N.V. in January 2019 or in other period but effective in January 2019

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