WiTricity Raises Additional $18M in Funding

WiTricity, a Watertown, MA-based EV wireless charging company, raised an additional $18m in funding. The round added to its previously announced $34m funding led by Stage 1 Ventures with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its U.S. subsidiary, Mitsubishi Corporation (Americas). The extension included investments from Tony Fadell’s Future Shape… Continue reading WiTricity Raises Additional $18M in Funding

Hyundai breaks ground on first overseas fuel cell system plant in Guangzhou

HTWO Guangzhou, which will open in the second half of 2022, will initially produce 6,500 fuel cell systems per year. Hyundai Motor Group has announced it held a virtual groundbreaking ceremony for HTWO Guangzhou, the Group’s first fuel cell system facility outside of Korea. The investment advances the Group’s global hydrogen leadership and supports its… Continue reading Hyundai breaks ground on first overseas fuel cell system plant in Guangzhou

Sep 12, 2018, 11:59 ETDeepBlue Technology and Luxembourg LHoFT Set Up Joint AI Labs to Become The World Leaders in the AI industryDeepBlue Technology,…

DeepBlue Technology and Luxembourg SnT have signed an agreement to open three joint laboratories in Luxembourg that will focus on the research and development of Artificial Intelligence applications. DeepBlue will cooperate with PwC, KPMG, Farvest and Talindus to push its expansion into the European market. SHANGHAI, Sept. 12, 2018 /PRNewswire/ — DeepBlue Technology, China’s leader in… Continue reading Sep 12, 2018, 11:59 ETDeepBlue Technology and Luxembourg LHoFT Set Up Joint AI Labs to Become The World Leaders in the AI industryDeepBlue Technology,…

Jul 20, 2018, 09:49 ETDeepBlue Technology to Attend the 10th BRICS Summit to Showcase Latest AI ProductsDeepBlue Technology, a Chinese technology unic…

SHANGHAI, July 20, 2018 /PRNewswire/ — DeepBlue Technology, a Chinese technology unicorn firm, will attend the 10th BRICS Summit as one of the frontrunners of the AI field. The event will be held from July 25th to 27th in Johannesburg, South Africa. The summit will bring together dignitaries from Brazil, Russia, India, China, and South Africa As one… Continue reading Jul 20, 2018, 09:49 ETDeepBlue Technology to Attend the 10th BRICS Summit to Showcase Latest AI ProductsDeepBlue Technology, a Chinese technology unic…

Jul 23, 2020, 09:00 ETBeep And Local Motors Announce Strategic Partnership To Broadly Deploy Autonomous, Electric ShuttlesBeep, a Florida-based autono…

ORLANDO, Fla., July 23, 2020 /PRNewswire/ — Beep, a Florida-based autonomous Mobility-as-a-Service (MaaS) provider and Local Motors by LM Industries, the world’s first and only digital vehicle manufacturer, today announced a strategic partnership and new reseller agreement. The collaborative agreement is intended to significantly expand the number of AV shuttles on both public and private… Continue reading Jul 23, 2020, 09:00 ETBeep And Local Motors Announce Strategic Partnership To Broadly Deploy Autonomous, Electric ShuttlesBeep, a Florida-based autono…

@Hyundai: Hyundai Motor Group Breaks Ground on First Overseas Fuel Cell System Plant in Guangzhou

• The Group’s first overseas fuel cell system facility, HTWO Guangzhou, breaks ground today• Guangdong Province secretary Li Xi, Guangdong Province Governor Ma Xing Rui and Hyundai Motor Group Chairman Euisun Chung attended the virtual groundbreaking ceremony• HTWO Guangzhou will initially produce 6,500 fuel cell systems per year and aims to gradually increase capacity in… Continue reading @Hyundai: Hyundai Motor Group Breaks Ground on First Overseas Fuel Cell System Plant in Guangzhou

@McLaren: McLaren Group today announces the appointment of Chris Hicks to the role of Chief Information Officer. 000077

McLaren Group today announces the appointment of Chris Hicks to the role of Chief Information Officer. Chris joined the luxury automotive, motorsport and technology Group in January 2020 as Director of Technology Services and takes up his new role with immediate effect. Prior to joining McLaren, Chris held technology leadership positions at GfK, a leading… Continue reading @McLaren: McLaren Group today announces the appointment of Chris Hicks to the role of Chief Information Officer. 000077

Chorley Group acquires two new dealerships

Chorley Group has announced the acquisition of 06 Ormskirk Ltd for an undisclosed fee, which includes 06 Vauxhall Ormskirk and 06 Mitsubishi Skelmersdale. Chorley Group who currently operate nine franchises across the North West and employ 250 people locally, confirmed news that the businesses will become part of Chorley Group trading as Chorley Group Vauxhall… Continue reading Chorley Group acquires two new dealerships

@VW Group: Dr. Arno Antlitz succeeds Frank Witter as Group CFO from April 1, 2021002520

Dr. Arno Antlitz, currently member of the Board of Management of AUDI AG for Finance and Legal Affairs, is to succeed Frank Witter as the Group Board of Management member responsible for Finance at the earlier date of April 1, 2021. The Supervisory Board already announced the change last December. As is known, Witter’s contract… Continue reading @VW Group: Dr. Arno Antlitz succeeds Frank Witter as Group CFO from April 1, 2021002520