Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot

I’ve previously argued that it will be years before we share the roads with fully-autonomous, Level 5 self-driving cars. That said, there are specific use cases and environments where autonomous vehicles could hit the roads now. Self-driving delivery is another example of just such a use case. Logistics automation within warehouses has made remarkable progress in… Continue reading Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot

McLaren Special Operations recreates legendary F1 GTR ‘Longtail’

Any McLaren 675LT is a very special car that already stands out from the crowd, although if a customer desires something even more dramatic – and even more exclusive – McLaren Special Operations (MSO) is on hand to ensure that bespoke requirements are met, no matter how complex. Challenged to produce a road-going homage to… Continue reading McLaren Special Operations recreates legendary F1 GTR ‘Longtail’

Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding

Boxbot, an Oakland, CA-based startup focused on self-driving delivery vehicles, raised $7.5m in seed funding. This round was led by Artiman Ventures, and includes an investment from Toyota AI Ventures, Pear Ventures, Afore Capital, Ironfire Ventures and The House Fund. Co-founded in 2016 by Austin Oehlerking and Mark Godwin, Boxbot is building self-driving vehicles which… Continue reading Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding

Lotus boss leaves as new owner Geely promotes from within

Lotus’s boss has left the sports car manufacturer less than a year after it was acquired by Chinese automotive giant Geely. Jean-Marc Gales was brought in to the Norfolk-based company in 2014 with a remit to get it back on track after an ambitious expansion plan under former Ferrari marketing chief boss Dany Bahar failed.… Continue reading Lotus boss leaves as new owner Geely promotes from within

German car sales plunge in May as diesel falls out of favour

BERLIN: Sales of new cars in Germany plunged in May, official figures showed Monday, dragged lower by public holidays and mounting uncertainty about the future of scandal-plagued diesel. A total of 305,057 new cars hit German roads last month, the KBA federal vehicle licensing authority said, a drop of 5.8 per cent year-on-year.Of those, just… Continue reading German car sales plunge in May as diesel falls out of favour

Mitsubishi Motors Announces Production, Sales and Export Figures For April 2018

* Includes imports to Japan * Beginning fiscal 2012, locally branded models produced in China, which to date had been included in the output figure for China, are now excluded   [ Summary : April 2018 ] < Domestic Production > April 2018・・・Second consecutive monthly year-on-year increase since February, 2018 ( 142.3% year-on-year ) <… Continue reading Mitsubishi Motors Announces Production, Sales and Export Figures For April 2018

Volume still low but JLR sticks with Brazil assembly plant

A Range Rover Evoque poses in front of its Brazilian assembly plant Despite production volumes way short of expectations, Jaguar Land Rover has no plans to close its Brazilian assembly plant, a top executive has said. JLR opened the Brazilian plant in 2016 in the village of Itatiaia, 280km (175 miles) northwest of Rio de… Continue reading Volume still low but JLR sticks with Brazil assembly plant

CarBlock joins The Mobility Open Blockchain Initiative

CarBlock announced that it has joined MOBI, the Mobility Open Blockchain Initiative, to explore blockchain and distributed ledger technology (DLT) for use in the development of a digital mobility ecosystem that could make transportation safer, more affordable, and more widely available. CarBlock is collaborating with the MOBI and other industry, government, and non-profit partners to… Continue reading CarBlock joins The Mobility Open Blockchain Initiative

BMW introduces wireless charging option

BMW has introduced a factory-fitted, integrated inductive charging feature for its 530e iPerformance PHEV. The system can be ordered now as a leasing option in Germany, and will subsequently be rolled out in the UK, the US, Japan and China. The BMW Wireless Charging system consists of a GroundPad, which can be installed in a… Continue reading BMW introduces wireless charging option

June 4 Suzuki Achieves Accumulated Automobile Production of 20 Million Units in India

4 June 2018 Suzuki Achieves Accumulated Automobile Production of 20 Million Units in India Suzuki Motor Corporation has achieved accumulated automobile production of 20 million units in India. India becomes the second country after Japan in which Suzuki has reached this milestone, and the fastest country to reach 20 million units in just 34 years… Continue reading June 4 Suzuki Achieves Accumulated Automobile Production of 20 Million Units in India