Global Demand for Autonomous Vehicles Encourages Alliances with Start-ups

Adoption of autonomous features will create new growth opportunities for start-ups, says Frost & Sullivan SAN ANTONIO, Oct. 25, 2022 /PRNewswire/ — The transition from advanced driver assistance systems (ADAS) to autonomous driving (AD) has encouraged original equipment manufacturers (OEMs) to partner with start-ups to develop hardware and software capabilities. Frost & Sullivan’s recent analysis… Continue reading Global Demand for Autonomous Vehicles Encourages Alliances with Start-ups

Nissan should remedy unequal Renault alliance, ex-CEO Hiroto Saikawa says – The Japan Times

Renault and Nissan should “remedy” the decadeslong unequal alliance, in which the French automaker controls the larger Japanese company through a controlling stake, former Nissan President Hiroto Saikawa has said, emphasizing that the two companies should build a more equal relationship by reducing Renault’s stake in Nissan. In an interview with Kyodo News in mid-October,… Continue reading Nissan should remedy unequal Renault alliance, ex-CEO Hiroto Saikawa says – The Japan Times

The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe

Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel… Continue reading The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe

GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann – CNBC

Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California.  Source: Noah Berger | General Motors DETROIT – General Motors has been mum about the abrupt departure Thursday of Dan Ammann, the CEO of… Continue reading GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann – CNBC

TECH HOSPITALITY SPECIALIST BOB W RAISES €21M IN SERIES A FUNDING ROUND

LONDON, Oct. 25, 2022 /PRNewswire/ — Tech-driven hospitality provider, Bob W, which offers a smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in series A funding, led by IDC Ventures, Elevator Ventures, Verve Ventures and Flashpoint.   Continue Reading Sebastian Emberger (L) and Niko Karstikko (R), co-founders of Bob… Continue reading TECH HOSPITALITY SPECIALIST BOB W RAISES €21M IN SERIES A FUNDING ROUND

TECH HOSPITALITY SPECIALIST BOB W RAISES €21M IN SERIES A FUNDING ROUND

LONDON, Oct. 25, 2022 /PRNewswire/ — Tech-driven hospitality provider, Bob W, which offers a smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in series A funding, led by IDC Ventures, Elevator Ventures, Verve Ventures and Flashpoint.   Continue Reading Sebastian Emberger (L) and Niko Karstikko (R), co-founders of Bob… Continue reading TECH HOSPITALITY SPECIALIST BOB W RAISES €21M IN SERIES A FUNDING ROUND

TECH HOSPITALITY SPECIALIST BOB W RAISES €21M IN SERIES A FUNDING ROUND

LONDON, Oct. 25, 2022 /PRNewswire/ — Tech-driven hospitality provider, Bob W, which offers a smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in series A funding, led by IDC Ventures, Elevator Ventures, Verve Ventures and Flashpoint.   Continue Reading Sebastian Emberger (L) and Niko Karstikko (R), co-founders of Bob… Continue reading TECH HOSPITALITY SPECIALIST BOB W RAISES €21M IN SERIES A FUNDING ROUND

@XPeng: XPENG Reveals Groundbreaking Mobility Technologies at 2022 TECH DAY000077

GUANGZHOU, China–(BUSINESS WIRE)–XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart EV company, today unveiled a series of groundbreaking technical achievements and industry firsts at its fourth annual 1024 Tech Day held at its Company headquarters in Guangzhou. Showcasing XPENG’s in-house, full-stack R&D capabilities, this year’s event featured XPENG’s… Continue reading @XPeng: XPENG Reveals Groundbreaking Mobility Technologies at 2022 TECH DAY000077

Skoda wants to launch subscription service for autonomous EV fleet

Skoda wants to supplement its traditional passenger car line-up with a fleet of autonomous-capable vehicles that will be offered on a subscription basis.  The vehicles will be the core of a new ‘function on demand’ model created by parent company Volkswagen Group and will future-proof the company, CEO Klaus Zellmer told Autocar, suggesting: “This business potential… Continue reading Skoda wants to launch subscription service for autonomous EV fleet

China’s XPeng moves closer to launching a robotaxi network

Chinese luxury EV startup XPeng is moving forward on its plans to launch a robotaxi business. The company’s latest G9 SUV became China’s first mass-produced commercial vehicle to pass a government-led autonomous driving closed-field test, the company said Monday at its fourth annual 1024 Tech Day. When XPeng unveiled the G9 in September, the company… Continue reading China’s XPeng moves closer to launching a robotaxi network