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India’s Ola seeks to raise $355m more in Series J funding

May 2, 2019 Indian ride-hailing company Ola is planning to raise additional $355 million (Rs 2,469.8 crore) as part of its ongoing funding round, according to the company’s filings with the Registrar of Companies (RoC) sourced by paper.vc. The Bengaluru-based company is looking to raise a total of $1 billion in the Series J round,… Continue reading India’s Ola seeks to raise $355m more in Series J funding

New Hyundai IONIQ offers a range of new enhancements

Connectivity upgrades with Blue Link® for new IONIQ provide innovative convenience solutions Enhanced edition of the world’s first car with three electrified powertrains offers consumers the option to choose an eco-friendly vehicle that fits their needs New IONIQ Electric with upgraded 38.3-kWh battery: 36% added energy storage capacity – now 294-km range in total (internal… Continue reading New Hyundai IONIQ offers a range of new enhancements

Nissan Bumps Up LEAF Base Price In UK

The company says it’s adjusting the price because of outside influences. Despite competing in a tough new car market, Nissan thinks it deserves to give its still-fresh Leaf a price hike in the UK. A Nissan official told Autocar this week the price change is due to, “market demands and other influences, such as inflation… Continue reading Nissan Bumps Up LEAF Base Price In UK

Ford Motor Company to Share Details on Mobility Business at Citi’s 2019 Car of the Future Symposium

DEARBORN, Mich.–(BUSINESS WIRE)–On Thursday, May 9, Sundeep “Sunny” Madra, vice president of Ford X, Ford Mobility’s business incubator and accelerator, will participate in a fireside chat moderated by Itay Michaeli at Citi’s 2019 Car of the Future Symposium in New York. Madra is the co-founder and former CEO of Autonomic which was acquired by Ford… Continue reading Ford Motor Company to Share Details on Mobility Business at Citi’s 2019 Car of the Future Symposium

Robert De Niro fronts pan-European campaign – to promote the new Kia e-Niro

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Kia launches European advertising campaign for e-Niro electric crossoverTV, digital and print adverts fronted by two-time Oscar winner Robert De NiroKia e-Niro capable of driving up to 485 kilometres on a single charge, and up to 615 km in the citye-Niro eliminates many barriers to electric car ownership – with long driving range, zero-emissions, and crossover styling and practicalityEuropean debut at Paris Motor Show; European sales start by end of 2018Kia Motors today launches a new pan-European advertising campaign for the new Kia e-Niro electric crossover – fronted by Oscar-winning actor Robert De Niro. As an ambassador for Kia’s new electric car, De Niro will highlight the e-Niro’s ability to eliminate barriers to electric vehicle ownership with a series of TV, print and digital advertisements. Kia’s partnership with De Niro will draw on the actor’s inimitable character and sense of humour to draw attention to the e-Niro’s numerous benefi..

Kia and Hyundai venture into the robotics industry of the future

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Kia and Hyundai to develop robotics technology in three areas: wearable robots, service robots, and micro-mobilityHyundai Vest Exoskeleton (H-VEX) and Chairless Exoskeleton (H-CEX) industrial robots increase efficiency and prevent work-related accidentsRobot-Artificial Intelligence targeted for future innovation and growth As a key part of Hyundai Motor Group, Kia Motors is innovating with robotics technology through development of the Hyundai Vest Exoskeleton (H-VEX) wearable industrial robots. Following the Hyundai Chairless Exoskeleton (H-CEX) demonstration conducted at the Hyundai-Kia North American factory last August, the company plans to verify H-VEX’s success through extensive testing at the end of 2018. In early 2018, Hyundai Motor Group identified Robot-Artificial Intelligence as one of five areas of future innovation and growth. The company established a designated robotics team in its strategic technology headquarters to focus on t..

Hyundai Motor America Reports April 2019 Sales

FOUNTAIN VALLEY, Calif., May 1, 2019 /PRNewswire/ — Hyundai Motor America reported April sales of 55,420 units, a 1% increase in comparison with April 2018 and the ninth straight month of increasing total sales. Retail sales in April grew by 2% backed by retail increases for Elantra (up 8%), Tucson (up 33%), Santa Fe (up… Continue reading Hyundai Motor America Reports April 2019 Sales

DENSO Leads $20 Million Series A Funding Round in U.S. Startup Bond Mobility to Develop Micromobility Services for Urban Transportation

– Investment in dock-less eBike service will help DENSO accelerate development of Mobility as a Service technologies and systems while protecting the environment – SOUTHFIELD, Mich., May 1, 2019 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, has taken a stake in Palo Alto, Calif.-based Bond Mobility Inc., the world’s only speed eBike sharing company that… Continue reading DENSO Leads $20 Million Series A Funding Round in U.S. Startup Bond Mobility to Develop Micromobility Services for Urban Transportation