Northern Light Motors showcases single-seater electric trike

Is that an electric Morgan three-wheeler? Sadly, the storied, Worcestershire-based car manufacturer hasn’t joined the e-mobility market just yet. But this is just as exciting: say hello to the new Northern Light Motors three-wheeled, single-seater electric trike.  British start-up Northern Light Motors, hailed as “the future of personal transport” was founded by former car designer… Continue reading Northern Light Motors showcases single-seater electric trike

Embracing the Software-Defined Vehicle Business Model

Embracing the Software-Defined Vehicle Business Model Software is now the name of the game in mobility. Whether it’s personal or shared rides, transit vans or trucks, software is becoming noticeably ubiquitous as a central factor throughout the mobility ecosystem. And nowhere is this more apparent than in the passenger vehicle market. Car owners traditionally replace… Continue reading Embracing the Software-Defined Vehicle Business Model

B Capital closes $250m early-stage Ascent Fund IIThe fund invests in pre-seed to Series A rounds globally, with an emphasis on US and Asian startups

Singapore- and US-based venture capital firm B Capital Group has closed its $250-million early-stage Ascent Fund II, according to a statement by the firm. The Ascent Fund II is B Capital’s “first dedicated early-stage fund”, investing in pre-seed to Series A rounds globally, with an emphasis on US and Asian startups. The sectors it targets… Continue reading B Capital closes $250m early-stage Ascent Fund IIThe fund invests in pre-seed to Series A rounds globally, with an emphasis on US and Asian startups

India’s PharmEasy looks to raise $200m at a lower valuation

Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year’s $5.1 billion, two people with direct knowledge of deal talks told Reuters. Signalling growing stress in India’s startup ecosystem, one source said PharmEasy, backed… Continue reading India’s PharmEasy looks to raise $200m at a lower valuation

‘FIFA 23’ has a female player on the Ultimate Edition cover for the first time

EA has announced the cover stars for FIFA 23 and, for the first time in the series, a female player will feature on the Ultimate Edition, which will be available internationally. Chelsea’s Sam Kerr is one of the two cover stars, along with Kylian Mbappé of Paris Saint-Germain. This will be the third straight year Mbappé… Continue reading ‘FIFA 23’ has a female player on the Ultimate Edition cover for the first time

Inspiring women to fly: CAE launches 2022 Women in Flight program with easyJet

FARNBOROUGH, UK, July 18, 2022 /PRNewswire/ – (NYSE: CAE) (TSX: CAE)  – CAE announced today at the Farnborough International Airshow 2022 that it is relaunching its Women in Flight scholarship program and expanding its reach with airline partners to create a movement that encourages young women to pursue a career as a commercial pilot. As a… Continue reading Inspiring women to fly: CAE launches 2022 Women in Flight program with easyJet

Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings

Yahoo Finance’s Pras Subramanian discusses a Morgan Stanley analyst note that was bearish on the auto sector but more optimistic about Ford and General Motors, plus an overview of the auto market and EV charging network. Video Transcript [MUSIC PLAYING] DAVE BRIGGS: Morgan Stanley slashing price targets for the automakers today. The firm forecasting lower… Continue reading Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings

Ford Supplier Expands Into Heavy-Duty Trucks and Electric Vehicles

Morgan Polymer Seals adds $8 Million in new business for gaskets and seals made in Mexico SAN DIEGO, July 14, 2022 /PRNewswire/ — Morgan Polymer Seals announced today its expansion into markets beyond automotive with new contracts to supply the Ag / Construction and Electric Vehicle segments. These new programs coincide with the recent 36,000-square-foot… Continue reading Ford Supplier Expands Into Heavy-Duty Trucks and Electric Vehicles

As Elon Musk Walks, Twitter Workers Say No One’s in Charge

A number of executives have already left the company in the wake of Musk launching his takeover bid, impacting countless others further down the food chain. “The feeling internally is that people have been applying for jobs, and they’re going to keep applying for jobs,” says the first Twitter staffer. Employees say they felt particularly… Continue reading As Elon Musk Walks, Twitter Workers Say No One’s in Charge