Hyundai bets on mostly battery-electric cars in its new strategic plan. Hyundai recently announced a bold business plan – “Strategy 2025” – which outlines the goals for 2025 and beyond. Electrification is one of the three strategic directions. The South Korean brand aims to become one of the top three EV manufacturers by 2025. Sales… Continue reading Hyundai Strategy 2025: 670,000 BEVs/FCEVs Annually By 2025
Tag: Strategy
Volvo Group Venture Capital Invests in Software for Autonomous Mobility
GÖTEBORG, Sweden, Dec. 5, 2019 /PRNewswire/ — Volvo Group Venture Capital AB has invested in Apex.AI, a leading software company in autonomous mobility. The investment will fund the development of a safety-certified software framework for autonomous systems. Apex.AI, a Palo Alto, California-based company founded in 2017, is building an automotive-grade version of ROS (Robot Operating… Continue reading Volvo Group Venture Capital Invests in Software for Autonomous Mobility
Billionaire Lawrence Stroll seeks big stake in Aston Martin: report
LONDON (Reuters) – Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin (AML.L), Autocar magazine reported, sending the luxury sports car maker’s battered shares up 17% on Thursday. FILE PHOTO: A James Bond 1965 Aston Martin DB5 coupe is displayed at Sotheby’s… Continue reading Billionaire Lawrence Stroll seeks big stake in Aston Martin: report
@Hyundai: Kia Motors officially opens new India production facility
Kia plans to strengthen its innovative brand image and digital leadership Introduction of fully digitized sales and service channel for customers Kia expanding its future mobility business through various partnerships Kia to expand the product portfolio in 2020 with premium MPV and sub-compact SUV, one of the best-selling segment in India Seltos achieve early success… Continue reading @Hyundai: Kia Motors officially opens new India production facility
Mercedes-Benz Cars opens plug-in hybrid battery plant in Thailand
The global battery production network within the Mercedes-Benz Cars production network has put the third production facility into operation: A factory for plug-in hybrid batteries has been opened in the Bangkok region in Thailand. It is being set up in partnership with Thonburi Automotive Assembly Plant (TAAP) and Thonburi Energy Storage Systems (TESM). Mercedes-Benz has… Continue reading Mercedes-Benz Cars opens plug-in hybrid battery plant in Thailand
Enterprise Signs Disability Inclusion Pledge
Pictured (left to right) – Donna Miller, VP human resources, Europe; Khaled Shahbo, senior VP, UK & Ireland; Shelley Roither, VP human resources. Photo via Enterprise. Enterprise Holdings has today become the first global vehicle rental business to commit to the Valuable 500 international disability inclusion pledge. This global initiative was launched at the World Economic Forum… Continue reading Enterprise Signs Disability Inclusion Pledge
May Mobility Raises $50M in Series B Funding
May Mobility, an Ann Arbor, Mich.-based autonomous Transportation-as-a-Service (TaaS) provider, closed a $50m Series B funding round. The round, which brought the company’s total raised to $84m to date, was led by Toyota Motor Corporation with participation from SPARX Group and return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI… Continue reading May Mobility Raises $50M in Series B Funding
Share your car to make it go further
Transportation is the largest contributor to US greenhouse gas emissions — no surprise, perhaps, in the land of the freeway. Yet the biggest automotive problem for the environment is not cars zooming along the interstate, but cars sitting still in driveways and parking lots. The average car is unused 92 per cent of the time,… Continue reading Share your car to make it go further
Digital Health Survivors & Innovative Incumbents Must Team Up for True Disruption
Xconomy Raleigh-Durham — Editor’s note: This is Part 2 of a two-part post about innovation in digital health, co-authored by Rob Coppedge, CEO of Echo Health Ventures. Read Part 1 here. The Path Forward Between Echo Health Ventures and Blue Cross and Blue Shield of North Carolina, we work deeply on both sides of these partnerships… Continue reading Digital Health Survivors & Innovative Incumbents Must Team Up for True Disruption
GHO Capital Raises Over $1bn, Eyes Biotech Outsourcing Services
December 4th, 2019 Xconomy National — GHO Capital will use the money raised to invest in healthcare, including outsourced service providers, which are seeing demand from smaller biotechs, according to a Jefferies analyst. GHO Capital raised €975 million ($1.1 billion), which exceeded its €800 million target, and is 50% larger than its 2015 maiden fund.… Continue reading GHO Capital Raises Over $1bn, Eyes Biotech Outsourcing Services