Pony.ai Holds First Close of Series D Financing Round, Valued at $8.5 Billion

Pony.ai, a Fremont, CA-based global autonomous driving technology company, completed the first close of its Series D financing. The backers were not disclosed. The company intends to use the proceeds from the funding to further augment its hiring, investment in research and development, global testing of robotaxi and robotrucking, enter into important strategic partnerships, and… Continue reading Pony.ai Holds First Close of Series D Financing Round, Valued at $8.5 Billion

Pony.ai completes first close of Series D round

Visitors check out a PonyTron smart truck during a high-tech expo in Shanghai. [Photo by WU JUN/FOR CHINA DAILY] Pony.ai, an autonomous driving technology startup, said on Monday that it has completed the first close of its Series D financing. The company did not offer the sum it has raised in this round, saying that… Continue reading Pony.ai completes first close of Series D round

DENSO Deploys Beam Global Sustainable Electric Vehicle Charging Systems at Tennessee Location, Supports Company’s Green Focus

In addition to providing employees with convenient vehicle charging options, the EV ARCs make and store their own electricity to deliver clean and renewable energy. They also monitor how much carbon is saved compared to combustion engine vehicles with each use. Together, these capabilities contribute to DENSO’s Two Great Causes: Green – achieving carbon neutrality… Continue reading DENSO Deploys Beam Global Sustainable Electric Vehicle Charging Systems at Tennessee Location, Supports Company’s Green Focus

German Manager Magazine: ID.Buzz, Anton Piech, Tesla, Nickel, Palladium: manage:mobility from manager magazin001606

One of the most spectacular electric car projects in Europe is hidden behind the name Piëch Automotive. Anton Piëch (43), son of the car patriarch Ferdinand Piëch, wants to launch a puristic high-end electric sports car with a “miracle battery” on the market in 2024. He had gathered an all-star team around him: Former Volkswagen… Continue reading German Manager Magazine: ID.Buzz, Anton Piech, Tesla, Nickel, Palladium: manage:mobility from manager magazin001606

Ford CEO takes long journey to rebuilding old firm – 台北時報

By Keith Naughton and Edward Ludlow / Bloomberg Ford Motor Co chief executive officer Jim Farley faced intense investor pressure to spin off his company’s electric vehicle (EV) business to unlock the rich values awarded to pure-play EV outfits like Tesla Inc. Instead, he decided to squeeze more out of Ford’s 118-year-old combustion engine business.… Continue reading Ford CEO takes long journey to rebuilding old firm – 台北時報

Following behind Toyota, Panasonic will build a new battery plant in the US

Three major domestic battery companies account for more than 70% of the battery production plants for electric vehicles in the US. Japanese companies have started expanding their production plants as the only competitor in the US. Due to worsening relations between US and China, Chinese companies have not entered the US market; hence Korea and… Continue reading Following behind Toyota, Panasonic will build a new battery plant in the US