38 M BY STEVEN LOVEDAY Should you stick with Tesla’s included Mobile Connector or opt for the Wall Connector? As more and more people are beginning to buy electric cars, there are a ton of questions about charging. The average Joe or Jane could be very interested in going electric, but not have a clue… Continue reading Tesla Mobile Connector Versus Wall Connector – Pros & Cons
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Volkswagen to invest $4 billion to build digital businesses, software
FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) will invest 3.5 billion euros ($4 billion) by 2025 to build digital businesses and products including a cloud computing-based platform to connect vehicles and customers to offer services such as car sharing. FILE PHOTO: The backlight of an e-Golf electric car is pictured at the new production line of the… Continue reading Volkswagen to invest $4 billion to build digital businesses, software
Hyundai leads $14.3M investment in Indian car rental startup Revv
Korean automaker Hyundai is jumping into India’s on-demand mobility space after it led a $14.3 million investment in car-rental startup Revv. Hyundai, which is the second largest seller of cars in India, initially announced an undisclosed investment in Revv this week, but now the startup has confirmed that the capital is part of a larger 100… Continue reading Hyundai leads $14.3M investment in Indian car rental startup Revv
Stealthy Self-Driving Startup Ghost Locomotion Raises $15 Million, Filings Show
The SF Bay Area is home to a lot of self-driving car initiatives. Some startups, like Zoox, are trying “to make the whole widget” by designing a car and its tech from bumper to bumper. Follow Crunchbase News on Twitter Ghost Locomotion, a rather stealthy startup based out of Mountain View, appears to be taking… Continue reading Stealthy Self-Driving Startup Ghost Locomotion Raises $15 Million, Filings Show
La Trobe University completes driverless Autonobus trial
Melbourne’s La Trobe University has detailed findings of what it called successful on-campus trials of Navya’s driverless “Autonobus” shuttle, which uses 360-degree cameras and sensor systems to detect objects and runs a set route based on map coordinates. A report on the trial by La Trobe and its project partners includes a number of recommendations,… Continue reading La Trobe University completes driverless Autonobus trial
A new unicorn is born: Root Insurance raises $100 million for a $1 billion valuation
Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led by Tiger Global Management, pushing the company’s valuation to $1 billion. Redpoint Ventures, Ribbit Capital and Scale Venture Partners all participated as follow-on investors in this latest round. The car… Continue reading A new unicorn is born: Root Insurance raises $100 million for a $1 billion valuation
Second profit warning: Continental loses the confidence of investors
HannoverFour four weeks ago, optimism dominated in Hannover. Continental, Germany’s second largest automotive supplier, just had one comprehensive corporate restructuring announced. Construction, reorientation, securing the future – wanted with it Conti shine. “With the new holding structure, we are ensuring that the decisions are delegated out of the central office, better even two stages. We… Continue reading Second profit warning: Continental loses the confidence of investors
Coup of cold stock on the automobile
Black day for Continental. The German equipment maker fell Wednesday about 14% on the Frankfurt Stock Exchange, its largest decline since 2009, causing in its fall the European automotive values. At the Paris Bourse, Michelin, Valeo, Faurecia or Peugeot also gave ground – but to a lesser extent -, just like Pirellli in Milan or… Continue reading Coup of cold stock on the automobile
Driving the Future – Toyota Team Members Get Connected
•Toyota strengthens Dedicated Short Range Communication (DSRC) 5.9GHz Vehicle to Everything (V2X) technology commitment via University of Michigan Transportation Research Institute partnership. •Further establishes the Ann Arbor Connected Vehicle Test Environment as the world’s largest operational real-world deployment of connected vehicles and infrastructure. August 22, 2018 ANN ARBOR, Mich. (August 22, 2018) The University of… Continue reading Driving the Future – Toyota Team Members Get Connected
LG Chem Secures More Materials For Future Battery Production
35 M BY VANJA KLJAIC The South Korean company will increase cell manufacturing capacity to 90 GWh in 2020 from a previous forecast of 70 GWh The battery business is set to become one of the foundations for the automotive industry in the forthcoming years. With so many new plug-in hybrid and fully electric vehicles slated… Continue reading LG Chem Secures More Materials For Future Battery Production