Recruitment of new senior team at EV company’s UK facility under way Group CTO and Company Director, Richie Frost, to lead the staffing strategy First technical roles already appointed at Leamington Spa factory Staffing drive is enabled by US$1.8 billion dollar joint venture deal Leamington Spa, UK – Detroit Electric’s Chief Technical Officer and Company… Continue reading Mon 10 Apr 2017 Detroit Electric prepares EV talent recruitment drive in the UKDetroit Electric’s Chief Technical Officer and Company Director Richie …
Tag: People
Didi Ponders SoftBank-Led $6B Investment As China’s Ride Share Giant Suffers Volume Declines
China’s Uber equivalent Didi Chuxing is considering whether to take a US$6 billion investment backed by SoftBank Group Corp. – which could be the largest private fundraising for an Internet company anywhere, anytime – as the Chinese ride sharing giant suffers volume declines after regulations were rolled out across the country. SoftBank might be investing… Continue reading Didi Ponders SoftBank-Led $6B Investment As China’s Ride Share Giant Suffers Volume Declines
Temasek Invests In Mobile To Bring 2017 Total Funding To $300M For Bike Share Firm
Chinese bike sharing company Mobike has received new strategic investment from Singapore’s state investment firm Temasek Holdings and existing investor Chinese investment firm Hillhouse Capital to raise a total of over US$300 million since the start of 2017, a tremendous feat for a start-up with actual operation time of less than one year. In January,… Continue reading Temasek Invests In Mobile To Bring 2017 Total Funding To $300M For Bike Share Firm
China’s Didi Sued For Talent Poaching By Alibaba-Owned AutoNavi
Chinese mapping company AutoNavi Holdings Ltd., owned by Alibaba Group Holdings Ltd., has sued Didi Chuxing for unfair competition, alleging the ride-sharing company poached eight veteran engineers from its team and asking for RMB75 million (US$10.9 million) in damages, according to court documents. AutoNavi said that one senior manager and six engineers with knowledge of… Continue reading China’s Didi Sued For Talent Poaching By Alibaba-Owned AutoNavi
Panasonic Set for Take off at MWC
Panasonic will introduce its connected airport concept at Mobile World Congress in Barcelona, showcasing a suite of intelligent technology solutions for the first time in Europe. Barcelona, Spain – The 120m2 booth features technology for retail, car rental, communications, security, logistics and ground handling and brings together the automotive, business technology, industrial and eco solutions… Continue reading Panasonic Set for Take off at MWC
Mobike Hires Tesla’s Former General Manager As CMO
China’s bike sharing company Mobike has hired Kingston Chang, former Tesla Motors Inc.’s general manager in China as chief marketing officer, according to Chinese media. Chang will be responsible for the marketing of Mobike and report directly to Mobike’s founder Hu Weiwei. Prior to Mobike, Chang was the first general manager in China at Tesla… Continue reading Mobike Hires Tesla’s Former General Manager As CMO
Foxconn Invests In Mobike As Part Of Strategic Partnership On Global Expansion
Foxconn Technology Group has invested an undisclosed amount in a strategic investment in China’s bike sharing company Mobike as part of a wider partnership, the companies announced today. The exclusive strategic partnership will enable Mobike to increase global production capacity of its smart bikes to over 10 million units annually, and reduce the cost of… Continue reading Foxconn Invests In Mobike As Part Of Strategic Partnership On Global Expansion
CES 2017
*Date in this page is local time. Panasonic LIVE @ CES 2017 * Videos has English and Japanese subtitles. [embedded content] The IoT at 30,000 Feet [embedded content] Benefits of LUMIX GH5 Press Conference News Releases Click to download full press kit in high-resolution [zip:47.5MB] | low-resolution [zip:6.0MB] Panasonic and IBM Join Forces to Develop… Continue reading CES 2017
Tencent, Warburg Lead $215M Series D Round In China’s Mobike
Chinese Internet giant Tencent Holdings Ltd. and Warburg Pincus have led a US$215 million series D funding round in Mobike, a Chinese smart bike-sharing company. New strategic investors including China’s largest travel company Ctrip, TPG, and Chinese hotel operator Huazhu Hotels Group, as well as existing investors Sequoia Capital China and Hillhouse Capital also participated.… Continue reading Tencent, Warburg Lead $215M Series D Round In China’s Mobike
Much Loved British Sports Car Brand TVR Returns
Revered British sports car brand TVR is to make a welcome return to Britain after its owner, Russian businessman Nikolai Smolensky, agreed to sell the brand rights and all other assets to a syndicate of British investors.
Revered British sports car brand TVR is to make a welcome return to Britain after its owner, Russian businessman Nikolai Smolensky, agreed to sell the brand rights and all other assets to a syndicate of British investors.
The syndicate, incorporated as ‘TVR Automotive Ltd.’, now owns all TVR’s IP including its global trademarks, patents and designs. Also included in the sale were the entirety of TVR’s physical assets, including engines, chassis, jigs, body parts and spares, together with large amounts of historical documentation in both hard and soft copy formats.
Commenting on the acquisition, Chairman of TVR Automotive Les Edgar said, “It’s a tremendously exciting day and superb news for TVR enthusiasts and owners at home and abroad. Having lamented the demise of the famous Blackpool-based company, lovers of British sports cars everywhere now have something to celebrate. TVR is back where it belongs.”
Reflecting on the process of landing the brand back in Britain, the investors have put on record their thanks to Nikolai Smolensky for clearing the way for the acquisition and sincerely appreciate the cooperation received.
For his part, Mr. Smolensky added, “I am pleased to see TVR returning to its home country and, along with all sports car fans, look forward to what’s coming next. I’m confident TVR Automotive will do a great job.”
Les Edgar continued, “Our intention is to build new TVRs in the best traditions of the much loved classics. Planning is well under way for all-new cars, but we also intend to support the existing TVR community. Owners, enthusiasts and specialist engineering firms have kept the thunder rumbling these past few years and we’re looking forward to meeting and building great relationships with everyone.”