MILPITAS, Calif., Feb. 27, 2018 /PRNewswire/ — FleetUp, the premier provider of ELD/HOS compliance solutions for intelligent fleet management, today announced the completion of $20 million in funding led by HUMAX (KOSDAQ listed $1.5B Revenue). In a strategic effort to drive FleetUp’s aggressive business expansion, HUMAX placed its corporate chief strategy officer and president of HUMAX Americas… Continue reading FleetUp Announces New Chief Executive Officer and Raises $20 Million in Funding
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Domino’s® and Ford Begin Second Round of Self-Driving Delivery Vehicle Testing in Miami
ANN ARBOR, Mich., Feb. 27, 2018 /PRNewswire/ — Domino’s Pizza (NYSE: DPZ), the recognized world leader in pizza delivery and digital ordering platforms, is now conducting a second round of self-driving delivery vehicle testing, with a focus on the customer experience. This two-month test in Miami, in partnership with Ford, will leverage the learnings of… Continue reading Domino’s® and Ford Begin Second Round of Self-Driving Delivery Vehicle Testing in Miami
Creating Driving Tests for Self-Driving Cars
Illustration: Jude Buffum At a test track east of Gothenburg, Sweden, people are ushered into autonomous vehicles for a test drive. But there’s a twist: The vehicles aren’t actually autonomous—there’s a hidden driver in the back—and the people are participating in an experiment to discover how they’ll behave when the car is chauffeuring them around. At Zenuity—a… Continue reading Creating Driving Tests for Self-Driving Cars
This is what happened around the world in Urban Mobility
This is what happened around the world in Urban Mobility Welcome to the weekly news roundup by Splyt, the place where you can find the most important news in the Urban Mobility space. This week, we have divided the headlines geographically. We hope you enjoy the read! MENASA: Careem, Moovit Following the trend of ride-hailing platforms offering… Continue reading This is what happened around the world in Urban Mobility
CEO of Geely-owned Volvo Cars loses board seat at truck maker after Li Shufu buys Daimler stake
Swedish truck maker AB Volvo dropped the chief executive of Volvo Cars from its board after Chinese billionaire Li Shufu, founder and chairman of Zhejiang Geely Holding Group, bought a 9.7 per cent stake in German car manufacturer Daimler. The move is the latest sign that the global auto industry is ratcheting up pressure on… Continue reading CEO of Geely-owned Volvo Cars loses board seat at truck maker after Li Shufu buys Daimler stake
Pony.ai Launches Autonomous Vehicle Fleet in China, Announces Strategic Partnership with Top OEM Guangzhou Automobile Group
FREMONT, Calif., Feb. 27, 2018 /PRNewswire/ — Earlier this month, Pony.ai held a special event in China during which it launched its autonomous ride-sharing fleet, becoming the first company to offer self-driving car rides on city roads to the general public in China. Event attendees were able to experience Pony.ai’s fully self-driving cars on a 2.8km… Continue reading Pony.ai Launches Autonomous Vehicle Fleet in China, Announces Strategic Partnership with Top OEM Guangzhou Automobile Group
Bharat Forge exits JV with GE
Bharat Forge divests 26% from ABFP to GE Bharat Forge has completed its divestment from the former joint venture with French multinational Alstom. The Indian component major announced completion of the sale of balance equity of 26 percent in the power equipment JV to GE. With this, the company has completed the divestment of its shareholding in Alstom… Continue reading Bharat Forge exits JV with GE
Aston Martin is looking for a shoulder to lean on
Even James Bond always ends up relying on someone, or someone. Aston Martin has regained its luster, but the British manufacturer of luxury cars dear to the secret agent has still been thinking of finding a shoulder, by the end of the year perhaps. “We are building a company that can survive by selling at… Continue reading Aston Martin is looking for a shoulder to lean on
Cypress to power in-vehicle communications in Audi A8
Cypress Semiconductor has announced that e.solutions GmbH, a joint venture of Audi and Elektrobit, has integrated Cypress’ wireless connectivity solution into its design for new in-vehicle communication units, including in the 2018 Audi A8. The solution is the industry’s first to implement Real Simultaneous Dual Band (RSDB) technology which enables two unique data streams to… Continue reading Cypress to power in-vehicle communications in Audi A8
Volkswagen increases dividend: Record profit, record sales – but VW remains cautious
All articles and backgrounds 02/23/2018 Volkswagen raises dividend record profit, record sales – but VW remains cautious DPA VW CEO Matthias Müller: More profit, more sales, more dividend Money machine despite the diesel scandal: Europe’s largest car maker Volkswagen Show stock market chart has almost doubled its operating profit in the midst of scandals and… Continue reading Volkswagen increases dividend: Record profit, record sales – but VW remains cautious