Tag: Mitsubishi

Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts

(Bloomberg) — Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans. But Waymo must first quell concerns about a… Continue reading Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts

@Daimler: Daimler Truck AG and CATL expand global partnership:

CATL to supply batteries for Mercedes-Benz eActros LongHaul truck starting 2024 The partners intend to jointly design and develop even more advanced next-generation battery cells and packs for truck specific applications Martin Daum, CEO of Daimler Truck AG: “Expanding and strengthening our strong collaboration with CATL will play a key role as we accelerate our… Continue reading @Daimler: Daimler Truck AG and CATL expand global partnership:

@Daimler: Daimler Truck sets out ambitions as an independent company

Daimler Truck hosts inaugural Strategy Day for investors and analysts, setting out financial and technology goals Determined to raise performance and deliver strong shareholder returns Targeting benchmark margins in each region, and an overall double digit operating margin for the Group by 2025, in a scenario with strong market conditions Ambitious technology roadmap for both… Continue reading @Daimler: Daimler Truck sets out ambitions as an independent company

Daimler Truck sets out ambitions as an independent company

STUTTGART, Germany, May 20, 2021 /PRNewswire/ — Daimler Truck hosts inaugural Strategy Day for investors and analysts, setting out financial and technology goals Determined to raise performance and deliver strong shareholder returns Targeting benchmark margins in each region, and an overall double-digit operating margin for the Group by 2025, in a scenario with strong market… Continue reading Daimler Truck sets out ambitions as an independent company

Japanese satellite firm Axelspace raises $24m in Series C funding

Axelspace, one of Japan’s pioneers in microsatellite technology, announced raising $24 million in a Series C funding round from a slew of local venture investors. Sparx Innovation participated in the funding round through The Space Frontier Fund while Sumitomo Mitsui Trust Investment Co joined via its Japan Co-Invest III Limited Partnership. Japan Post Investment Group,… Continue reading Japanese satellite firm Axelspace raises $24m in Series C funding

Autonomous startup WeRide raises new funds, at $3.3b valuation …

WeRide, an autonomous driving startup backed by Nissan, Renault and Mitsubishi, said on Thursday that it has raised hundreds of millions of dollars valuing the company at $3.3 billion. WeRide, which is testing vehicles in California, China’s southern city of Guangzhou and central city of Zhengzhou, did not disclose details on the size of the… Continue reading Autonomous startup WeRide raises new funds, at $3.3b valuation …

Renault Group: Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings

 Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings Boulogne-Billancourt, May 11th, 2021 Nissan released today its results for the fourth quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31st, 2021). Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2020/2021 (January 1st to March 31st,… Continue reading Renault Group: Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings

@Renault: Renault Group: Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings000218

 Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings Boulogne-Billancourt, May 11th, 2021 Nissan released today its results for the fourth quarter of fiscal year 2020/2021 (April 1st, 2020 to March 31st, 2021). Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2020/2021 (January 1st to March 31st,… Continue reading @Renault: Renault Group: Nissan contributes -€73 million for first quarter 2021 to Renault’s earnings000218

Indonesia and Thailand bet big on vehicle electrification

There are growing indications that the ASEAN could be seeing growth in electric mobility in the near future. According to an LMC Automotive report, there have recent developments in vehicle electrification in South East Asia, especially in the region’s two key markets of Indonesia and Thailand. Indonesia, which has one of the world’s richest reserves… Continue reading Indonesia and Thailand bet big on vehicle electrification