DUBAI, Feb 12 (Reuters) – Softank vision fund has 40-50 winners among its portfolio companies and a dozen or more could go for listings over the next 18 months, Rajeev Misra, chief executive of SoftBank Investment Advisers said on Wednesday. “We have roughly 50 winners, of course we have losers also, and the ones that… Continue reading Softbank executive says 40-50 winners among Vision fund companies
Tag: People
@Honda: Honda to Begin Sales of All-new Fit in Japan
TOKYO, Japan, February 13, 2020 — Honda Motor Co., Ltd. will begin sales of the all-new Fit on February 14, 2020 at dealerships across Japan. Based on the outstanding performance and functionality established by successive generations of Fit, the all-new Fit offers the“four dimensions of comfort” which is a value that cannot be expressed numerically.… Continue reading @Honda: Honda to Begin Sales of All-new Fit in Japan
Petrol and diesel car sales ban could start in 12 years, says Shapps
The UK’s planned ban on sales of new petrol, diesel or hybrid cars could start as early as 2032, Transport Secretary Grant Shapps has said. Last week, the government sparked industry concern after bringing the date forward from 2040 to 2035 in a bid to hit zero-carbon emission targets. But Mr Shapps told BBC Radio… Continue reading Petrol and diesel car sales ban could start in 12 years, says Shapps
CEAT opens new plant in Tamil Nadu, plans additional Rs 4,000 crore investment by 2030
L-R: Anant Goenka, MD, CEAT Tyres and M C Sampath Minister of Industries at the inauguration function of CEAT’s new Tamil Nadu manufacturing facility. CEAT, one of the leading tyre manufacturers in India today expanded its presence in the country with its first greenfield plant in Kanchipuram, Tamil Nadu. The plant was inaugurated by Edappadi… Continue reading CEAT opens new plant in Tamil Nadu, plans additional Rs 4,000 crore investment by 2030
Nikola Badger pickup, Lister Storm EV, Navigator vs. Escalade: Today’s Car News – Motor Authority
Electric semi-trailer truck company Nikola is ready to expand into the world of pickup trucks. It’s announced a pickup called the Badger that has an extended-range electric powertrain—where the range extender is a hydrogen fuel cell stack. Historic British brand Lister has released a new teaser for a modern Storm supercar. While the original Storm… Continue reading Nikola Badger pickup, Lister Storm EV, Navigator vs. Escalade: Today’s Car News – Motor Authority
@Geely: All Geely Vehicles to Use Advanced Anti-Bacterial Filters in 2020 models
New Intelligent Air Purification (IAPS) system to be installed on all Geely models Part of Geely Auto’s 370 million RMB commitment to developing healthy cars 2020 Feb 12, Hangzhou, China. Geely Auto announced that all of its future vehicles will be equipped with Geely’s G-Clean Intelligent Air Purification System (IAPS), a new system that is… Continue reading @Geely: All Geely Vehicles to Use Advanced Anti-Bacterial Filters in 2020 models
@Hyundai: Essential of A New Driving Life: Open Platform
Connected car innovations are the future we are about to face. The developers’ program run by automakers will be the pioneers. The era of Connectivity has come. Our smartphones can handle everything – from office work to home IoT control. This evolution did not come from just one mighty state-of-the-art technology. It came from various… Continue reading @Hyundai: Essential of A New Driving Life: Open Platform
Hyundai Group, Canoo to co-develop platform for future electric vehicles
Hyundai Motor Group has engaged Canoo, a Los Angeles based company creating EVs for subscription only, to jointly develop an electric vehicle (EV) platform based on Canoo’s proprietary skateboard design for upcoming Hyundai and Kia models. As part of the collaboration, Canoo will provide engineering services to help develop a fully scalable, all-electric platform to… Continue reading Hyundai Group, Canoo to co-develop platform for future electric vehicles
Lyft: Lyft Announces Record Fourth Quarter and Fiscal Year Results
Surpasses $1 billion in quarterly revenue, up 52% year-over-yearFiscal 2019 revenue of $3.6 billion up 68% year-over-yearIssues outlook for fiscal 2020 SAN FRANCISCO, Feb. 11, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its fourth quarter and fiscal year ended December 31, 2019. Fourth Quarter 2019 Financial Highlights Lyft reported Q4… Continue reading Lyft: Lyft Announces Record Fourth Quarter and Fiscal Year Results
Koito invests $50M in lidar firm Cepton – Optics.org
11 Feb 2020 Top-tier provider of car parts wants to develop headlamps with built-in lidar sensors. Silicon Valley lidar firm Cepton Technologies says that it expects this year to be a “transformational” one, thanks to a new $50 million injection of funding that should enable it to ramp up development activity. One of dozens of competing players looking… Continue reading Koito invests $50M in lidar firm Cepton – Optics.org