German Manager Magazin: Bernd Pischetsrieder as Chairman of the Daimler Supervisory Board: The last solution000383

Since taking office as Daimler-Boss tries Ola Källenius (51) as a green visionary. The group should be climate neutral by 2039. It goes without saying that “electric first” applies to all models. But while the CEO is building a more modern future, part of his supervisory body looked rather yesterday. The man who is largely… Continue reading German Manager Magazin: Bernd Pischetsrieder as Chairman of the Daimler Supervisory Board: The last solution000383

Alibaba-backed autonomous car firm AutoX starts driverless testing

By Yilei Sun, Brenda Goh 2 Min Read FILE PHOTO: A sign of Alibaba-backed autonomous driving startup AutoX is seen on a modified Chrysler Pacifica minivan in Shenzhen, Guangdong province, China October 31, 2020. REUTERS/Yilei Sun BEIJING/SHANGHAI (Reuters) – Chinese autonomous vehicle startup AutoX, backed by Alibaba Group Holding Ltd, said on Thursday it has… Continue reading Alibaba-backed autonomous car firm AutoX starts driverless testing

@Toyota: Toyota Announces Extension of its Electrified Light Commercial Vehicle Range with New Proace City Electric Compact Van

Toyota Announces Extension of its Electrified Light Commercial Vehicle Range with New Proace City Electric Compact Van – Toyota UK Media Site Toyota is opening another chapter in its zero emission vehicle strategy with the announcement of a battery electric version of its Proace City compact van. The new model will join the battery electric… Continue reading @Toyota: Toyota Announces Extension of its Electrified Light Commercial Vehicle Range with New Proace City Electric Compact Van

@Toyota: Toyota Announces Prices and Order Books Opening for New RAV4 Plug-in and Highlander Hybrid SUVs

Plug-in hybrid version of RAV4 to be available in the UK in two equipment grades, Dynamic and Dynamic Premium Prices from £47,395 on the road Orders accepted from 4 January; first customer deliveries from second quarter of 2021 Highlander Hybrid – the first Highlander model to be offered for sale in the UK – also… Continue reading @Toyota: Toyota Announces Prices and Order Books Opening for New RAV4 Plug-in and Highlander Hybrid SUVs

Ridecell Secures $45 Million in Series C Financing Round

Round Led by Fort Ross Ventures to Support Company’s Hyper Growth into Commercial Fleet Product Lines and New Geographies SAN FRANCISCO, Dec. 2, 2020 /PRNewswire/ — Ridecell Inc., the high-yield fleet platform for digital transformation chosen by the world’s leading fleets, today announced it has secured $45 million for its Series C financing round. The round… Continue reading Ridecell Secures $45 Million in Series C Financing Round

Tesla CEO Elon Musk says he’d be open to merger talks with a rival. ‘We’d certainly have that conversation.’

Tesla CEO Elon Musk said Tuesday that he would be open to discussing a merger with a rival automaker. “We’d certainly have that conversation,” he told Mathias Döpfner, CEO of Business Insider parent company Axel Springer. But Tesla wouldn’t launch a “hostile takeover,” he said. Tesla faced hostility from its rivals when he started out,… Continue reading Tesla CEO Elon Musk says he’d be open to merger talks with a rival. ‘We’d certainly have that conversation.’

Nissan sets up new business unit for African region

By Reuters Staff 2 Min Read FILE PHOTO: The brand logo of Nissan Motor Corp. in Yokohama, south of Tokyo, Japan July 14, 2020. REUTERS/Issei Kato/File Photo JOHANNESBURG (Reuters) – Japanese automotive group Nissan is to set up a new regional business unit for Africa as it seeks to boost manufacturing capacity and penetrate one… Continue reading Nissan sets up new business unit for African region

VW seeks to avert crisis after CEO demands confidence vote

By Jan Schwartz, Edward Taylor 5 Min Read FRANKFURT (Reuters) – Volkswagen, the world’s largest vehicle maker by sales, risked a leadership crisis on Tuesday after Chief Executive Herbert Diess forced a vote of confidence in his reform efforts by asking for an early contract extension. FILE PHOTO: Volkswagen Group Chief Executive Officer Herbert Diess… Continue reading VW seeks to avert crisis after CEO demands confidence vote

Scale AI Raises $155M in Funding; Valued at Over $3.5 Billion Post-Money

Scale AI, a San Francisco, California-based data platform for AI, raised $155M in new funding. The round, led by Tiger Global, was closed at a valuation of over $3.5B post-money. The company plans to use the funds to accelerate the development of its AI platform and develop new products to serve its customers like OpenAI,… Continue reading Scale AI Raises $155M in Funding; Valued at Over $3.5 Billion Post-Money