Chinese electric vehicle maker Xiaopeng Motors has raised RMB2.2 billion (US$348 million) in a series B round led by Alibaba Group Holding Ltd., IDG Capital and Taiwanese electronics manufacturer Hon Hai Precision Industry Co., Ltd., also known as Foxconn. Jack Ma-backed Yunfeng Capital, Apoletto Asia, CICC, and existing investors GGV Capital, Matrix Partners China and Morningside Venture… Continue reading Alibaba, Foxconn, IDG Lead $348M Investment In Chinese Smart Car Maker Xiaopeng Motors
Tag: People
DENSO Develops New Vision Sensor for Improved Night Driving Safety
KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, today announced it has developed a new standard vision sensor that detects pedestrians at night, cyclists, road signs, driving lanes and other road users. Working in conjunction with a millimeter-wave radar sensor, the new vision sensor allows automobiles to automatically activate emergency braking when… Continue reading DENSO Develops New Vision Sensor for Improved Night Driving Safety
Car researchers are also tested on people exhaust to have
Sunday, 01/28/2018 22:03 clock Last was one of the auto industry financed lobbying club had come under fire because he had commissioned scientists in the United States with emissions tests on monkeys. According to a newspaper report, however, human subjects had to inhale the irritant gas nitrogen dioxide (NO2). Accordingly, the “European Research Association for… Continue reading Car researchers are also tested on people exhaust
to have
Chennai ideally paced, but needs better airport, says Daimler CEO
“I like this city. It has treated me very well,” Marc Llistosella said. “With a population of more than seven million people, Chennai is a pretty big city. But the pace of life is much better than it makes you feel the city is smaller,” hesaid. CHENNAI: Having first come to India in 2006 and… Continue reading Chennai ideally paced, but needs better airport, says Daimler CEO
California governor pushes for 5M zero-emission cars
Darshan Brahmbhatt plugs a charger into his electric vehicle at the Sacramento Municipal Utility District charging station in Sacramento, Calif. Calif., Gov Jerry Brown, on Friday, Jan. 26, 2018, issued and executive order outlining a plan to put 5 million zero-emission vehicles on California’s roads by 2030. (Photo: Rich Pedroncelli / AP) Sacramento, Calif. –… Continue reading California governor pushes for 5M zero-emission cars
16.5 million euros raised by Heetch
The VTC company made an international round that brought him a whopping $ 16.5 million. What will shade Uber? The readjustment was well received. After grazing the worst, the VTC Applying App, Heetch, seems to have found the right equation. This is at least think the spectacular fundraising, amounting to 16.5 million euros, closed by… Continue reading 16.5 million euros raised by Heetch
Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus
Tesla The Observer Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus Some say the firm is already overvalued at $60bn. But its founder’s vision is now truly ambitious Elon Musk unveils Tesla’s forthcoming Roadster 2 sports car in California. Photograph: Reuters Racy valuations for loss-making businesses are nothing new to… Continue reading Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus
CEO Jim Hackett pushing Ford team as investors watch with caution
Ford Motor Company President and CEO Jim Hackett speaks during the Ford presentation at the 2018 North American International Auto Show in Detroit January 14, 2018. (Photo: Maury/EPA-EFE/REX/Shutterstock) Ford CEO Jim Hackett, eight months into his role, brings an unconventional approach to the auto industry, which leaves colleagues inspired and observers sometimes a bit confused. He has… Continue reading CEO Jim Hackett pushing Ford team as investors watch with caution
Bertrand Petipas, Audi: “WLTP will have a financial impact on fleets”
Bertrand Petipa, Head of Audi Sales, reports on the year 2017, unveils his ambitions for 2018 and gives his vision on major issues that shake the world of fleets, such as the rise of gasoline, hardening of the TVS or the implementation of the WLTP certification cycle. JA. What were Audi’s results on the fleet… Continue reading Bertrand Petipas, Audi: “WLTP will have a financial impact on fleets”
Shell buying spree cranks up race for clean energy
LONDON (Reuters) – Royal Dutch Shell (RDSa.L) has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points, cranking up its drive to expand beyond its oil and gas business and reduce its carbon footprint. The scale of the buying spree pales in comparison to… Continue reading Shell buying spree cranks up race for clean energy