Woven Capital, L.P. (“Woven Capital”), an $800 million global investment fund that supports growth-stage companies in mobility, made an equity investment in Nuro, Inc. (“Nuro”), a leading robotics company providing autonomous delivery. The investment is part of Nuro’s Series C round of funding, advancing its work in designing and engineering self-driving road vehicles to transform… Continue reading @Toyota: Woven Capital Makes Its First Investment, Backing Nuro
Tag: Toyota
Great Wall builds buzz with budget EVs at Bangkok Motor Show
BANGKOK — China’s Great Wall Motors showed off its electric offerings at the Bangkok International Motor Show that kicked off Wednesday, highlighting the inroads made by Chinese automakers in the Thai market, long Japan’s turf. Held in the capital’s suburbs and running until April 4, the event is among Southeast Asia’s largest auto shows. Last… Continue reading Great Wall builds buzz with budget EVs at Bangkok Motor Show
Humble unveils an SUV powered by sunlight
Now, another California-based electric vehicle startup, Humble Motors, has revealed their concept SUV with a solar roof design they’ve named the Humble One. Instead of a glass roof, the Humble One has over 80 square feet of engineered photovoltaic cells that capture sunlight and transform it into energy. This generates enough electrical power to increase… Continue reading Humble unveils an SUV powered by sunlight
Foretellix Partners with Jingwei HiRain, to Accelerate the Use of its Automated Driving Systems Verification & Validation Platform in China
BEIJING and TEL AVIV, Israel, March 25, 2021 /PRNewswire/ — Jingwei HiRain, a Tier 1 provider and a leading high-tech automotive technology supplier in China, and Foretellix, a leading Automated Driving Systems Verification solution provider, announced a new partnership to accelerate the distribution and adoption of Foretify™, Foretellix’s verification & validation platform and enable mass… Continue reading Foretellix Partners with Jingwei HiRain, to Accelerate the Use of its Automated Driving Systems Verification & Validation Platform in China
@Toyota: Isuzu, Hino, Toyota to Accelerate CASE Response Through Commercial Vehicle Partnership
Isuzu Motors Limited, (Isuzu), Hino Motors, Ltd. (Hino), and Toyota Motor Corporation (Toyota) announced today that they have agreed on a new partnership in commercial vehicles. The three companies intend to combine Toyota’s CASE technologies with the commercial vehicle foundations cultivated by Isuzu and Hino. Through this collaboration, they aim to accelerate societal implementation and… Continue reading @Toyota: Isuzu, Hino, Toyota to Accelerate CASE Response Through Commercial Vehicle Partnership
@Toyota: TMC Announces Changes to Executive Structure
Toyota Motor Corporation (TMC) announced today that it plans to implement changes to the executive structure as described below, effective on the day of TMC’s 117th Ordinary General Shareholders’ Meeting. Go to Source
Auto industry CEOs discuss CO2 with Timmermans
Brussels, 24 March 2021 – Under the umbrella of the European Automobile Manufacturers’ Association (ACEA), the CEOs of Europe’s car makers met last week with the European Commission Vice-President for the European Green Deal, Frans Timmermans, for a constructive discussion on climate change and CO2 emissions. “EU policy makers and the auto industry share the… Continue reading Auto industry CEOs discuss CO2 with Timmermans
@niche: Unique flat EV chassis maker REE to open large facility in the UK000667
We’ve written about Israeli company REE Automotive and its remarkable super-flat modular EV chassis several times before. The company has a drastically disruptive offer for automakers; we’ll build you a skateboard electric vehicle chassis full of batteries, as well as your entire electric drivetrain, with more or less whatever characteristics you want in the motors,… Continue reading @niche: Unique flat EV chassis maker REE to open large facility in the UK000667
Honda to extend production suspension at some North American plants
By David Shepardson 2 Min Read FILE PHOTO: Honda’s logo on its Modulo model is pictured at its showroom at its headquarters in Tokyo, Japan, Feb. 19, 2019. REUTERS/Kim Kyung-hoon WASHINGTON (Reuters) – Honda Motor Co said on Tuesday it will extend production suspensions at some North American plants into the week of March 29… Continue reading Honda to extend production suspension at some North American plants
Ineos founder’s Land Rover rival faces launch delay due to Covid lockdowns
The Land Rover-rival being built by the billionaire Sir Jim Ratcliffe may be delayed by up to six months amid difficulties caused by the coronavirus pandemic. Ineos, the chemicals company founded by Ratcliffe, had planned to deliver the first of the new Grenadier vehicles in early 2022, but is now considering a new launch date… Continue reading Ineos founder’s Land Rover rival faces launch delay due to Covid lockdowns