Teleo Secures $12 Million Series A to Turn Construction and Mining Equipment into Semi-Autonomous Robots

PALO ALTO, Calif., June 8, 2022 /PRNewswire/ — Teleo is a construction robotics company that retrofits construction and mining heavy equipment to turn them into semi-autonomous robots. Today, they announced they have raised $12M in Series A funding led by UP.Partners. F-Prime Capital and K9 Ventures also joined the round, as did Trucks Venture Capital, who… Continue reading Teleo Secures $12 Million Series A to Turn Construction and Mining Equipment into Semi-Autonomous Robots

Hybrid-Electric Blown-Lift eSTOL Plane Developer Electra Acquires Airflow to Create a Leader in Advanced Air Mobility

The acquisition places Electra’s order book at almost 800 planes, beyond break-even for commercial development.  Tweet this Both Electra and Airflow have been building blown-lift, ultra-short takeoff and landing aircraft to serve new air mobility markets that favor the operating flexibility of a helicopter, yet require the superior range and economics of a fixed-wing aircraft.… Continue reading Hybrid-Electric Blown-Lift eSTOL Plane Developer Electra Acquires Airflow to Create a Leader in Advanced Air Mobility

Ion Storage Systems Closes $30M Series A Funding

Ion Storage Systems, a Beltsville, MD-based company that manufactures high energy density, solid state lithium metal batteries, raised $30M in Series A funding. The round was led by Toyota Ventures, Tenaska, Bangchak Corporation, GAINTECH Capital, Alumni Ventures Group, Z2Sixty Ventures, Climate Capital, and the University of Maryland Discovery Fund. The company intends to use the funds to… Continue reading Ion Storage Systems Closes $30M Series A Funding

Live Legendary with the All-New 2023 Sequoia Full-Size SUV

“We are excited to write the next chapter in our truck family story with the all-new 2023 Sequoia,” said Joe Moses, general manager of Toyota’s Vehicle Marketing Team. “A three-row SUV must be excellent at many things to succeed in this highly competitive market, and we’ve got that with Sequoia. Our customers will have room for… Continue reading Live Legendary with the All-New 2023 Sequoia Full-Size SUV

German Manager Magazine: Bosch, Denso, Continental, ZF Friedrichshafen: These are the 100 largest automotive suppliers001824

The 100 largest automotive suppliers worldwide fared better in 2021 than in 2020, despite the ongoing corona crisis, supply chain chaos and increasing pressure to transform. This is the result of a current evaluation by the consulting firm Berylls Strategy Advisors. Accordingly, the turnover of the companies last year increased by more than 13 percent… Continue reading German Manager Magazine: Bosch, Denso, Continental, ZF Friedrichshafen: These are the 100 largest automotive suppliers001824

Automotive Heat Exchanger Market worth $34.3 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, June 8, 2022 /PRNewswire/ — According to the new market research report “Automotive Heat Exchanger Market by Propulsion & Component (ICE, EV), Electric Vehicle Type (BEV, PHEV, HEV), Design (Plate Bar, Tube Fin), Vehicle Type, Off-Highway Vehicle Type (Passenger Car, LCV, Truck, Bus) and Region”, published by MarketsandMarkets™, the global Automotive Heat Exchanger Market… Continue reading Automotive Heat Exchanger Market worth $34.3 billion by 2027 – Exclusive Report by MarketsandMarkets™

New 2024 Cupra Terramar is brand’s final combustion car

The new Cupra Terramar will enter dealerships in 2024 as a striking, hybrid-only crossover to rival the likes of the Hyundai Tucson and Toyota RAV4. Revealed today alongside the 2025 Cupra Urban Rebel electric supermini and the 2024 Cupra Tavascan electric SUV, the Terramar will be offered with a choice of mild-hybrid petrol and plug-in hybrid powertrains.… Continue reading New 2024 Cupra Terramar is brand’s final combustion car

Goodyear knew about defective RV tires as early as 2002, NHTSA says

Detroit — Federal investigators say Goodyear knew that some of its recreational vehicle tires could fail and cause severe crashes, yet it didn’t recall them for as many as 20 years. Goodyear wouldn’t recall the tires as late as March of this year, even though investigators found that their failure caused crashes that killed eight people… Continue reading Goodyear knew about defective RV tires as early as 2002, NHTSA says

Ford, Volkswagen, BMW and others seek to defend California emissions waiver

Washington — Ford Motor Co. and the U.S. branches of Volkswagen AG, BMW AG, Honda Motor Corp. and Volvo Ltd. are asking to intervene in a federal lawsuit to defend California’s power to set its own stringent emissions standards.  It marks the re-entry of major automakers into a fight that divided the industry under former President Donald… Continue reading Ford, Volkswagen, BMW and others seek to defend California emissions waiver

@Toyota: Rethinking the Architecture of Solid-State Batteries: Our Investment in Ion Storage Systems

By Lisa Coca, Partner, Climate Fund To keep pace with the growing global demand for electric vehicles (EVs), the rate of innovation in the EV battery space has accelerated along several dimensions including lower costs and increasing energy density. However, achieving the quantum leap in EV adoption that is projected to reach net-zero will require… Continue reading @Toyota: Rethinking the Architecture of Solid-State Batteries: Our Investment in Ion Storage Systems