Total equity investment reaches $34 million as Zeelo gears up to serve new US enterprise clients and launch new transportation technology features for bus operators Three new venture capital firms from Europe and North America complete the round which was led by FlatzHoffmann with additional participation from existing firms ETF Partners, InMotion Ventures and angel… Continue reading ZEELO SECURES $14 MILLION IN SERIES A EXTENSION TO POWER US GROWTH AND NEW PRODUCT DEVELOPMENT
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isinwheel launches isinwheel-S9max promotion for UK Back to School Season
LONDON, Aug. 15, 2023 /PRNewswire/ — Leading personal scooter brand isinwheel is excited to announce the launch of its inaugural “Back to School” promotion in the UK market. The promotion will be going live soon on isinwheel.co.uk, and will feature as their flagship product the S9max portable electric scooter. Continue Reading isinwheel S9max electric scooter The isinwheel… Continue reading isinwheel launches isinwheel-S9max promotion for UK Back to School Season
Clermont Group Welcomes Robbie Bourke as Head of Aerospace
Aviation industry veteran Robbie Bourke joins Clermont Group as Head of Aerospace Bourke will oversee Clermont’s mission to lead the sustainable aviation revolution, which includes the pioneer in electric propulsion, magniX, and Eviation, the maker of the Alice all-electric commuter aircraft Bourke has more than 20 years of industry experience, including senior roles at Oliver… Continue reading Clermont Group Welcomes Robbie Bourke as Head of Aerospace
NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto
DUBAI, UAE, Aug. 14, 2023 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN” or the “Company”), today announced that the Company has reached an agreement to make a strategic investment of US$500 million in China Evergrande New Energy Vehicle Group Ltd. (HKSE:0708), a Chinese… Continue reading NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto
New AP guidelines lay the groundwork for AI-assisted newsrooms
But there’s no guarantee that other outlets will be as restrained in their use. The Associated Press published standards today for generative AI use in its newsroom. The organization, which has a licensing agreement with ChatGPT maker OpenAI, listed a fairly restrictive and common-sense list of measures around the burgeoning tech while cautioning its staff… Continue reading New AP guidelines lay the groundwork for AI-assisted newsrooms
Snapchat’s My AI chatbot glitched so hard it started posting Stories
It shouldn’t even be able to do that. My AI, the in-app digital assistant that rides herd on your Snapchat Plus experience, has suffered numerous breakdowns and technical malfunctions since its debut in February. Tuesday was more of the same as the chatbot took it upon itself to post single-second-long Stories to users’ feeds and… Continue reading Snapchat’s My AI chatbot glitched so hard it started posting Stories
JLR to recruit 300 technicians in Range Rover and EV push
JLR is recruiting 300 new technicians as it ramps up Range Rover production and pushes forward with future EV development as part of a £15bn, five-year, investment push. The recruitment drive from the midlands-based firm, formerly known as Jaguar Land Rover, includes roles at its Gaydon, Whitley, and Solihull facilities. At Solihull plant, 100 of… Continue reading JLR to recruit 300 technicians in Range Rover and EV push
Allison Transmission Delivers Propulsion Solution for New Mack® Compressed Natural Gas Truck
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission is pleased to announce that Mack Trucks, one of North America’s largest producers of heavy-duty trucks, has selected the Allison 4500 Rugged Duty Series™ (RDS) as the exclusive transmission currently offered for its new compressed natural gas (CNG)-powered Mack® Granite® model. This partnership is the latest example of Allison’s ability to deliver… Continue reading Allison Transmission Delivers Propulsion Solution for New Mack® Compressed Natural Gas Truck
India Automotive Manufacturing Policy Impact Analysis Report 2023-2026
DUBLIN, Aug. 16, 2023 /PRNewswire/ — The “India’s Automotive Manufacturing Policy – Economic Impact and Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. This research service focuses on the economic impact of India’s automotive manufacturing policy, particularly the automobiles and auto components production-linked incentive (PLI) scheme. Following the outbreak of the COVID-19 pandemic and the… Continue reading India Automotive Manufacturing Policy Impact Analysis Report 2023-2026
GM invests $60 million in battery materials company Mitra Chem
General Motors is investing $60 million in a Silicon Valley-based battery materials company to help GM bring more affordable electric vehicles to market faster. GM on Wednesday announced the stake in Mitra Chem, an AI-enabled battery materials innovation company. It is part of a Series B financing, which further establishes a startup after it has… Continue reading GM invests $60 million in battery materials company Mitra Chem