BEIJING — AutoX, a Chinese startup that develops autonomous vehicles, said Monday it had completed its Series pre-B financing round, taking in “tens of millions” of dollars, local tech media 36Kr reported. Shenzhen-based Hongzhao Fund led the round, which concluded at the end of 2019, while Chaoshan Capital and Shenzhen IMT Industry Group also participated.… Continue reading China’s AutoX raises ‘tens of millions’ of dollars in fundraising
Tag: FCA
Press Releases – Natural and renewable gas: Joint call to accelerate the deployment of refuelling infrastructure
Brussels, 21 January 2020 – The European Biogas Association (EBA), the Natural & bio Gas Vehicle Association (NGVA Europe) and the European Automobile Manufacturers’ Association (ACEA) are calling on EU policy makers to accelerate the deployment of infrastructure to deliver natural gas and renewable gas/biomethane across the European Union. Europe needs to trigger a successful… Continue reading Press Releases – Natural and renewable gas: Joint call to accelerate the deployment of refuelling infrastructure
Ferrari’s American Supercar Rival Has Big Changes Coming – CarBuzz
Scuderia Cameron Glickenhaus is making some 320 changes to the 003S, which is, you know, a lot. Scuderia Cameron Glickenhaus – the boutique, low-volume supercar manufacturer started by film producer and noted car fanatic James Glickenhaus – is still ticking. Most recently, the company thwarted the Ford Bronco at the Baja 1000 with its Boot… Continue reading Ferrari’s American Supercar Rival Has Big Changes Coming – CarBuzz
The 115th anniversary of the Automobile Club of Italy in Turin
01/21/2020 The Motorists Club pays tribute to motor enthusiasts with free access to the exhibition “The history of the ACI is the history of the car”, scheduled at Mauto from 24 to 26 January. The Automobile Club of Italy turns 115 and pays homage to the city of Turin, where it was founded in 1905,… Continue reading The 115th anniversary of the Automobile Club of Italy in Turin
Chinese Self-Driving Startup AutoX Scores Pre-B Round
AutoX, a self-driving start-up, announced that it had completed a Pre-B round of financing worth tens of millions of U.S. dollars at the end of December. It was led by Shenzhen Qianhai Hongzhao Fund and backed by other Shenzhen-based RMB funds. This round of financing will mainly be used for the applications in the Chinese… Continue reading Chinese Self-Driving Startup AutoX Scores Pre-B Round
CO2 output to be top priority for carmakers in 2020
This year will mark a revolution in new-car selling: for the first time, carmakers will place the CO2 output of every model in their ranges at the top of their priority list, outweighing design, performance and other traditional sales points. The EU’s 95g/km fleet average CO2 regulation – under discussion in Brussels for a decade – means… Continue reading CO2 output to be top priority for carmakers in 2020
Self-driving startup AutoX closes Series pre-B round to expand footprint in China
Autonomous driving startup AutoX has raised tens of millions of U.S. dollars in a Series pre-B round of financing to expand its footprint in the Chinese market, the company confirmed to DealStreetAsia. The development was first reported by 36Kr. The investment was led by a Shenzhen-based investment fund manager, whose name can be directly translated… Continue reading Self-driving startup AutoX closes Series pre-B round to expand footprint in China
Possible new Renault boss Luca de Meo: This man could inherit Carlos Ghosn
REUTERS Luca de Meo at a car presentation French car maker Renault has had a pretty disastrous 2019. Sales fell 3.4 percent worldwide. And also the scandal surrounding Carlos Ghosn ex-boss of the company who has since fled to Lebanon, is likely to keep the company busy in the current year. In order to get… Continue reading Possible new Renault boss Luca de Meo: This man could inherit Carlos Ghosn
China’s Great Wall agrees to buy General Motors’ India plant
NEW DELHI (Reuters) – Great Wall Motor (601633.SS) has agreed to buy General Motors’ (GM) (GM.N) car plant in India, the companies said on Friday, as the Chinese automaker expands overseas amid slowing domestic demand. FILE PHOTO: Employees work on the assembly line at the General Motors plant in Talegaon, about 118 km (73 miles)… Continue reading China’s Great Wall agrees to buy General Motors’ India plant
@FCA: FCA Confirms Discussions with Foxconn
FCA Confirms Discussions with FoxconnFiat Chrysler Automobiles N.V. (MTA: FCA / NYSE: FCAU, “FCA”) confirmed today that it is in discussions with Hon Hai Precision Ind. Co., Ltd. (Foxconn) regarding the potential creation of an equal joint venture to develop and manufacture in China new generation battery electric vehicles and engage in the IoV (Internet… Continue reading @FCA: FCA Confirms Discussions with Foxconn