All articles and backgrounds 04/17/2018 After partnership with Daimler BMW is looking for more car sharing partners in the US PR Car2Go and DriveNow: BMW and Daimler are looking for other mobility partners in the USA and China BMW is looking to other partners in the US and China for its car sharing and mobility… Continue reading After partnership with Daimler: BMW is looking for more car sharing partners in the US
Tag: M and A
India: Scooter rental startup Vogo in talks to raise funds from Ola, VC firms
April 17, 2018 Scooter rental start-up Vogo Automotive Pvt. Ltd is in advanced talks to raise Rs40-45 crore from cab hailing platform Ola and venture capital firms Stellaris Ventures Partners and Matrix Partners, three people aware of the discussions said. As part of the proposed deal, Ola (ANI Technologies Pvt. Ltd) will lead the round,… Continue reading India: Scooter rental startup Vogo in talks to raise funds from Ola, VC firms
Today’s mobility is all about key partnerships
Today’s mobility is all about key partnerships Welcome to Splyt’s weekly news highlights, the place where you can find the most important news about mobility globally every Tuesday. Follow us for a weekly update. To find out more about our solutions, please visit www.splyt.com. Here’s what happened last week: CarTrawler & Splyt unlock on-demand transportation for… Continue reading Today’s mobility is all about key partnerships
Carvana acquires Car360 for $22M to improve its car buying platform
Carvana is already an innovative way to shop for a car and it could get better thanks to Car360. The two companies share an interest in improving the car buying experience through enhanced imagery. Car360’s approach is different from Carvana’s as it’s focused on photos shot with a mobile device. This approach could allow Carvana to… Continue reading Carvana acquires Car360 for $22M to improve its car buying platform
LIDAR maker Luminar is scaling up and slashing costs in effort to dominate self-driving cars
Self-driving cars won’t change society if the sensors that allow them to “see” their environment remain too expensive to produce at scale. Until recently, the only company that made reliable LIDAR, the laser sensor that sends millions of laser points out per second and measures how long they take to bounce back, was Velodyne. But… Continue reading LIDAR maker Luminar is scaling up and slashing costs in effort to dominate self-driving cars
Local Motors Inc. announces partnership with Robotic Research, LLC
CHANDLER, Ariz., April 17, 2018 /PRNewswire/ — Local Motors partners with industry leading robotics technology group Robotic Research on Olli, the world’s first co-created, electric, autonomous shuttle. The partnership with Robotic Research is the latest integration of a new technology partner and showcase of Local Motors’ open development platform. Jay Rogers, CEO and co-founder of LM… Continue reading Local Motors Inc. announces partnership with Robotic Research, LLC
Continental and VGF Implement Autonomous Test Operation with Shuttle on Frankfurt University of Applied Sciences Campus
The purpose of the trial is to share knowhow among Continental, EasyMile and VGF with the aim of determining the future requirements for driverless vehicles and usage models jointly and in a realistic manner. From April 17 to April 19, 2018, students at Frankfurt University of Applied Sciences (Frankfurt UAS) will be testing a driverless… Continue reading Continental and VGF Implement Autonomous Test Operation with Shuttle on Frankfurt University of Applied Sciences Campus
BRIEF-Carvana Says In Connection With Deal To Acquire Car360, Unit Paid About $6.7 Mln & Issued 930,047 New Class A Common Units
April 17 (Reuters) – Carvana Co: * CARVANA SAYS IN CONNECTION WITH DEAL TO ACQUIRE CAR360, UNIT PAID ABOUT $6.7 MILLION & ISSUED 930,047 NEW CLASS A COMMON UNITS – SEC FILING Source text: (bit.ly/2EUly9B) Further company coverage: (Reuters.Briefs@thomsonreuters.com) Go to Source
Opel announces all dealer contracts
European Opel dealers must renegotiate their terms with Opel. The automaker announces all contracts. In Germany, 385 businesses are affected. Opel dealer (archive) Tuesday, 17.04.2018 15:58 clock The automaker Opel has terminated all European traders contracts. As a result, the PSA subsidiary, which is undergoing refurbishment, wants to reach new agreements that could increase the… Continue reading Opel announces all dealer contracts
UPDATE 2-China to scrap foreign auto ownership limits by 2022
BEIJING/SHANGHAI (Reuters) – China will scrap foreign ownership caps on local auto companies by 2022 and will remove restrictions on new-energy vehicle ventures this year, a major shift that will open the market wider to carmakers from Nissan (7201.T) to Tesla Inc (TSLA.O). FILE PHOTO: Cars are parked at the Great Hall of the People… Continue reading UPDATE 2-China to scrap foreign auto ownership limits by 2022