Zoox is in “advanced discussions with several strategic partners and corporate investors” for its next round of funding, CEO Aicha Evans tells Axios. Why it matters: The self-driving car developer has been especially quiet for the past year or so, and venture capital sources say the company has struggled to raise capital to fund its… Continue reading Zoox scouts for funding ahead of self-driving taxi debut – Axios
Tag: Toyota
@Toyota: TMC Announces Personnel Change Masaaki Uechi General Manager, Automated Driving & Advanced Safety System Development Div., Advanced Safety System Field, Advanced R&D and Engineering Company
Masaaki Uechi General Manager, Automated Driving & Advanced Safety System Development Div., Advanced Safety System Field, Advanced R&D and Engineering Company General Manager, Automated Driving & Advanced Safety System Development Div., Advanced Safety System Field, Advanced R&D and Engineering Company Concurrently General Manager, Automated Driving System Development Project, Automated Driving & Advanced Safety System Development… Continue reading @Toyota: TMC Announces Personnel Change Masaaki Uechi General Manager, Automated Driving & Advanced Safety System Development Div., Advanced Safety System Field, Advanced R&D and Engineering Company
@Toyota: Inchcape Fleet Solutions to be rebranded as Kinto following its acquisition by Toyota Fleet Mobility
Following the acquisition of Inchcape Fleet Solutions (IFS) by Toyota Fleet Mobility (TFM), the business is to be rebranded as Kinto, the new mobility brand launched by Toyota earlier this year. TFM completed its acquisition of IFS in December 2019, continuing its expansion in Europe and entering the UK’s fleet management and full service leasing… Continue reading @Toyota: Inchcape Fleet Solutions to be rebranded as Kinto following its acquisition by Toyota Fleet Mobility
Gojek-Grab merger makes sense but hurdles mar its path
JAKARTA — Cutthroat rivals that have helped to drive Southeast Asia’s rapid digitization by burning through cash and preventing each other from moving toward the startup world’s new goal, profitability, are now talking about a common solution. Indonesia-based Gojek and Singapore-based Grab, have “casually” discussed merger options, according to two people familiar with the matter.… Continue reading Gojek-Grab merger makes sense but hurdles mar its path
Pony.ai Raises $462M in Funding; Valued at $3 Billion
Pony.ai, a Fremont, California-based autonomous driving company, raised $462m in funding. The new round puts Pony.ai’s valuation at just over $3 billion. As part of it, Toyota Motor Corporation made a $400m investment. In August 2019, Pony.ai and Toyota initiated joint autonomous driving pilots in China. This year’s strategic investment will expand the partnership’s scope… Continue reading Pony.ai Raises $462M in Funding; Valued at $3 Billion
Geneva Motor Show 2020: the cars we would have seen at cancelled show
The 2020 Geneva Motor Show was due to open its doors to the world’s press on Tuesday 3rd of March, but has now been cancelled by show organisers due to the developing outbreak of coronavirus in Europe. Geneva is one of the most important events in the motoring calendar, acting as a stage for some of… Continue reading Geneva Motor Show 2020: the cars we would have seen at cancelled show
Zipcar Now Offers Free Passes to State and Provincial Parks
Members can now visit select parks for free across North America, with hundreds of Zipcars equipped with free park passes BOSTON, May 17, 2019 – Today, Zipcar is announcing the official launch of its free park pass program just in time for the busy Memorial Day and Victoria Day travel weekends. The free passes enable… Continue reading Zipcar Now Offers Free Passes to State and Provincial Parks
@Toyota: TMC Has Updated Results for January 2020
Toyota City, Japan, February 27, 2020―Toyota Motor Corporation (TMC) announces its sales, production, and export results for January 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. To view more information on the sales, production, and export results by country and region, including specific details on the reasons for any changes… Continue reading @Toyota: TMC Has Updated Results for January 2020
China’s CATL revs up EV battery production following Tesla deal
GUANGZHOU — China’s biggest electric vehicle battery maker, CATL, will invest up to 26 billion yuan ($3.7 billion) to quadruple its production capacity for lithium-ion batteries used in cars and storage systems. Annual production capacity at a plant in Ningde, Fujian Province, where the company is headquartered, will be increased by 16 gigawatt-hours, the battery… Continue reading China’s CATL revs up EV battery production following Tesla deal
Howes: Failed execution, culture weigh on Ford performance, shares – The Detroit News
When historians record the six years since Alan Mulally retired as CEO of Ford Motor Co., the chapter could be entitled “A Chronicle of Wasted Time.” Here was COO-designate Jim Farley using a Wednesday presentation to investors to deliver a message as bracing as a bucket of ice water: “I can see it on the face of… Continue reading Howes: Failed execution, culture weigh on Ford performance, shares – The Detroit News