The financing round amounted to 21 million US dollars (18.5 million euros). Alongside “Porsche Ventures”, other companies obtained shares in Urgent.ly, including “BMW i Ventures” and “InMotion Ventures”, the venture capital division of Jaguar Land Rover. The US start-up’s platform supports roadside assistance services in North America, Europe and Asia. Using artificial intelligence and geo-location,… Continue reading Porsche invests in US start-up “Urgent.ly”
Tag: VW
Audi e-tron hits Munich Airport with full force
Audi is preparing a very special showcase for the e-tron prior to its official launch on the German market: The all-electric Audi has landed at Munich Airport in a multi-storey meteorite that covers a 630-square-meter (6,781.3 sq ft) footprint. Until mid-March, visitors and passengers can experience the new model for themselves along with its technology,… Continue reading Audi e-tron hits Munich Airport with full force
Urgent.ly Raises $21M in Series B Funding
Urgent.ly, a Vienna, VA- and San Diego, CA-based connected roadside assistance service supported by a technology platform, raised $21m in Series B funding. Backers included InMotion Ventures, Jaguar Land Rover’s venture capital fund, BMW i Ventures and Porsche Ventures. The company, which had already announced the raise of $10m in Series B in Oct. 2017,… Continue reading Urgent.ly Raises $21M in Series B Funding
Ducati sells 53,004 bikes in 2018, Panigale world’s best-selling superbike
Ducati sells 53,004 bikes in 2018, Panigale world's best-selling superbike
German carmakers, suppliers eye autonomous driving alliance – magazine
FILE PHOTO: The Mercedes-Benz logo is seen on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Benoit Tessier/File Photo BERLIN (Reuters) – German carmakers Daimler, BMW and Volkswagen (VOWG_p.DE), and some of their major suppliers are in talks about developing a joint system for autonomous driving, manager magazine… Continue reading German carmakers, suppliers eye autonomous driving alliance – magazine
Audi expands exchange incentive to the whole of Germany
Changeover made easy: Audi is supporting the package of measures to improve air quality and is now expanding its exchange incentive to the whole of Germany. Customers who switch from an existing diesel car with the Euro 4 or Euro 5 emissions standard – regardless of model or brand –will benefit from a price incentive… Continue reading Audi expands exchange incentive to the whole of Germany
Volkswagen invests in US start-up Forge Nano
The Volkswagen Group is investing US$10 million in the startup “Forge Nano Inc.” with a view to reinforcing its specialist knowledge in the field of battery research. Forge Nano is investigating a material coating technology that could further improve the performance of battery materials. As a partner, Volkswagen will provide support for industrial trials of… Continue reading Volkswagen invests in US start-up Forge Nano
Volkswagen celebrates five millionth Tiguan
Tiguan and Tiguan Allspace: five million vehicles from this SUV model range have left the assembly line in just eleven years The Tiguan product line is an important part of Volkswagen’s global SUV offensive With almost 800,000 vehicles delivered in 2018, the Tiguan is one of the most successful vehicles worldwide Volkswagen can already celebrate… Continue reading Volkswagen celebrates five millionth Tiguan
Holocaust Remembrance Day at the Volkswagen plant in Wolfsburg – wreath-laying and film “Bei uns nichts Neues”
Volkswagen plant Wolfsburg: wreath-laying on Sunday, January 27 to commemorate the victims of National Socialism. Wreath-laying at memorial stone for forced labor victims Film showing at Group archives “Bei uns nichts Neues” Film to be followed by discussion with author and director On Holocaust Remembrance Day, Sunday, January 27, 2019 Volkswagen is commemorating the victims… Continue reading Holocaust Remembrance Day at the Volkswagen plant in Wolfsburg – wreath-laying and film “Bei uns nichts Neues”
Volvo recalls over 200,000 cars to fix fuel leak issue
STOCKHOLM (Reuters) – Volvo Cars, which is owned by China’s Zhejiang Geely Holding Group [GEELY.UL], is voluntarily recalling about 200,000 cars after it found an engineering issue that could potentially cause fuel leakage in the engine compartment over time. FILE PHOTO: A Volvo logo is seen during an interview with CEO Hakan Samuelsson at the… Continue reading Volvo recalls over 200,000 cars to fix fuel leak issue