AutonoMIA is an immersive exploration of how technology, from AI to 5G, from display to haptics, from sensors to natural interfaces, can be leveraged to reenchant the driving experience. It is a tool that designers will use to continue iterating on the thinking on the future of driving. The different parties build knowledge on the… Continue reading Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future
Tag: Strategy
Goodyear Announces Offering of Senior NotesMay 13, 2020AKRON, Ohio, May 13, 2020 – The Goodyear Tire & Rubber Company today announced that it has comm…
AKRON, Ohio, May 13, 2020 – The Goodyear Tire & Rubber Company today announced that it has commenced a public offering of $600 million aggregate principal amount of 5-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and other customary closing… Continue reading Goodyear Announces Offering of Senior NotesMay 13, 2020AKRON, Ohio, May 13, 2020 – The Goodyear Tire & Rubber Company today announced that it has comm…
Goodyear Announces Offering Of Senior Notes
AKRON, Ohio, May 13, 2020 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has commenced a public offering of $600 million aggregate principal amount of 5-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and other… Continue reading Goodyear Announces Offering Of Senior Notes
Dutch e-bike scaleup VanMoof attracts €12.5 million to grow globally
Today VanMoof, the Dutch e-bike scaleup, has announced a total €12.5 million investment from one of Europe’s leading venture capital firms Balderton Capital and assembly partner SINBON Electronics. The funds will support the brand’s international expansion as it scales up to meet increased demand. The investment follows the launch success of the highly anticipated new electric VanMoof S3 & X3 bikes.
With social distancing the new reality, demand for high quality e-bikes is on the rise. Bikes are seen as an increasingly dependable mobility option compared to public transport. And governments across the globe are responding with new cycle initiatives. For example, Berlin recently implemented a one mile bike lane along a major road, and Milan will introduce a five mile cycle lane to cut car use after the lockdown. This worldwide trend supports VanMoof’s belief in the potential of e-bikes to revolutionize city travel.
“It’s a unique time to build such a meaningful partnership. Not only d..
Wallbox Completes Second Tranche Of $25M Series A Investment
BARCELONA, Spain, May 13, 2020 /PRNewswire/ — Wallbox, the smart EV charging company, today announced the closing of a $13 million USD (€12 million) second tranche of Series A investment in early March, bringing the total Series A round to $25 million USD (€23 million). The round was led by Seaya Ventures, a Spanish venture fund… Continue reading Wallbox Completes Second Tranche Of $25M Series A Investment
@BMW: BMW Group is making logistics robots faster and smarter
Munich. In future, the BMW Group will be increasing its use of high-performance computer technology, particularly artificial intelligence (AI), in logistics. Top priorities include intelligent logistics robots, data analytics and the high-definition simulation of logistics processes. These AI applications can optimize robotics and material flow, as well as take simulations in the planning process to… Continue reading @BMW: BMW Group is making logistics robots faster and smarter
Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su TOKYO (Reuters) – Nissan Motor Co (7201.T) plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales… Continue reading Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
COVID-19 Pandemic Leaves GM Electric Vehicle Plan Mostly Unaffected
The electric vehicle strategy being pursued by General Motors appears to be, for the most part, unaffected by the global COVID-19 pandemic. In fact, during a call today with auto journalists led by Ken Morris, Vice President Electric and Autonomous Vehicles, the only changes seemed small and positive. Though it seems like much longer, it… Continue reading COVID-19 Pandemic Leaves GM Electric Vehicle Plan Mostly Unaffected
Lyft Announces Private Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Premium to 150% – GlobeNewswire
SAN FRANCISCO, May 12, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (“Lyft”) (NASDAQ: LYFT) today announced its intention to offer, subject to market conditions and other factors, $650 million aggregate principal amount of Convertible Senior Notes due 2025 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant… Continue reading Lyft Announces Private Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Premium to 150% – GlobeNewswire
@VW Group: ŠKODA AUTO production sends zero waste to landfill since start of year
Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, stressed, “As a car manufacturer, we have a particular responsibility to set a good example in terms of sustainability. Accordingly, we are consistently implementing our ‘GreenFuture’ strategy and have reached the next milestone in the ‘GreenFactory’ sub-section: we are now recycling 100 per cent of… Continue reading @VW Group: ŠKODA AUTO production sends zero waste to landfill since start of year