Car-sharing, ride-sharing, and ride-hailing companies have something in common: They rely on fairly sophisticated backends to keep fleets up and running on time. Ridecell, which offers one such software-as-a-service (SaaS) solution, has attracted the attention of investors like LG and Sony. The San Francisco startup today announced an extension of the $28 million Series B round… Continue reading Ridecell expands funding round for autonomous ride-hailing platform to $60 million – VentureBeat
Tag: People
Honda confirms proposal to cease production at its Swindon factory in 2021
Honda of the UK Manufacturing has today informed associates (employees) that plans to close its Swindon vehicle manufacturing plant, at the end of the current model’s production lifecycle, in 2021, have been confirmed. The plant currently employs circa 3,500 associates. Following a meaningful and robust consultation process, which included contributions from collective consultation groups, the… Continue reading Honda confirms proposal to cease production at its Swindon factory in 2021
HONDA COMMITS TO TOTAL ELECTRIFICATION IN EUROPE BY 2025
05 Mar 2019 ID: 162386 Honda announces ambition to make 100% of its European automobile sales electrified by 2025 Honda e Prototype unveiled, marking the next step in the rollout of Honda’s electrified technology Honda announces the development of an energy management business for Europe Partnerships announced with resource aggregator Moixa and charging specialist Ubitricity… Continue reading HONDA COMMITS TO TOTAL ELECTRIFICATION IN EUROPE BY 2025
Honda Advances its Global Open Innovation Initiative with New VC Partners
MOUNTAIN VIEW, Calif., Dec. 5, 2018 – Honda Innovations, the Silicon Valley arm of Honda R&D, aims to foster early-stage startup ecosystems globally with four venture capital (VC) partnerships. These VC partnerships enhance Honda Xcelerator’s tools – direct co-development and partnerships with accelerators and incubators – to support innovators at all stages. Since 2015, Honda Xcelerator… Continue reading Honda Advances its Global Open Innovation Initiative with New VC Partners
Group 1 Automotive Acquires Two BMW/MINI dealerships in New Mexico
HOUSTON, July 8, 2019 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today announced the expansion of its business presence in the New Mexico market with the acquisition of two BMW/MINI dealerships. The dealerships are located in Albuquerque and Santa Fe, and represent the only BMW and MINI franchises in the… Continue reading Group 1 Automotive Acquires Two BMW/MINI dealerships in New Mexico
CORRECTED-(OFFICIAL)-E-scooters put Swedish start-up on road to positive cashflow
STOCKHOLM (Reuters) – Growing numbers of young people whizzing around Europe’s big cities on electric scooters may represent a nightmare for some pedestrians and motorists, but for Swedish sharing start-up VOI they offer a path to positive cashflow. Electric scooters from Swedish startup VOI and Belin-based Tier sit parked side-by-side in Stockholm, Sweden July 7,… Continue reading CORRECTED-(OFFICIAL)-E-scooters put Swedish start-up on road to positive cashflow
Startups at the speed of light: Lidar CEOs put their industry in perspective
As autonomous cars and robots loom over the landscapes of cities and jobs alike, the technologies that empower them are forming sub-industries of their own. One of those is lidar, which has become an indispensable tool to autonomy, spawning dozens of companies and attracting hundreds of millions in venture funding. But like all industries built… Continue reading Startups at the speed of light: Lidar CEOs put their industry in perspective
Uber rival Bolt has closed another tranche of funding at a $1B+ valuation
Uber and Lyft going public may have put closer public scrutiny on the economics of ridesharing, but it hasn’t had a chilling effect on the level of competition in the space. In the latest development, TechCrunch has learned and confirmed that Bolt, the Estonian ride-sharing, scooter and food delivery company that operates across Europe —… Continue reading Uber rival Bolt has closed another tranche of funding at a $1B+ valuation
European Union aims to be self-sufficient in EV battery manufacturing
The EU has joined hands with manufacturers, development banks and commercial lenders to create an ecosystem to invest $113 billion for the lithium-ion battery pack production to power EVs. New Delhi: European Union is planning to become self-sufficient when it comes to battery production for the electric vehicles. The EU has already joined hands with… Continue reading European Union aims to be self-sufficient in EV battery manufacturing
Electric offensive shifts the balance of power: VW must give suppliers more power
DPA “Volkswagen needs to provide more support to the partners,” says Stefan Sommer, purchasing director at Volkswagen (image archive) Electromobility shifts the balance of power between car manufacturers and suppliers. Volkswagen wants to bring battery suppliers with money and the establishment of joint companies to produce more capacity for the Group’s electric offensive faster. Volkswagen… Continue reading Electric offensive shifts the balance of power: VW must give suppliers more power