Tag: Volvo

Eying deal, GM softens on tough standards for car pollution

Detroit — The nation’s largest automaker said Wednesday it can support greenhouse gas emissions limits that other car manufacturers negotiated with California – if they are achieved mostly by promoting sales of fully electric vehicles. It is a new stance for General Motors, which had supported the Trump administration’s efforts to end California’s ability to set… Continue reading Eying deal, GM softens on tough standards for car pollution

China’s Oriental Space secures funding from Matrix, Sequoia, others

China’s Oriental Space on Wednesday announced raising 400 million yuan ($63 million) in its two tranches in its angel round, the first one being closed last year. Investors who have backed the space technology firm are Matrix Partners China, tech bellwether Sequoia Capital China – they have led the angel+ round. Others who pumped in capital… Continue reading China’s Oriental Space secures funding from Matrix, Sequoia, others

@Tata-JLR: Circulor Raises $14m Series A to Lead the Future of Sustainable Supply Chain Traceability

InMotion’s portfolio company Circulor has raised a $14m Series A led by The Westly Group, with participation from venture arms of Salesforce, BHP and Sky These new investors join existing investors including InMotion Ventures, TotalEnergies Venture, Volvo Cars Technology Fund and Boeing HorizonX. Investment will help drive expansion in North America and Asia Reflects Circulor’s… Continue reading @Tata-JLR: Circulor Raises $14m Series A to Lead the Future of Sustainable Supply Chain Traceability

Waabi, the rare autonomous vehicle startup with a woman CEO, raises $83.5 million

Waabi is a new autonomous vehicle startup with a few things going for it to help it rise above the fray. For one, it’s founded by Raquel Urtasun, a renowned expert in computer vision who ran Uber Advanced Technology Group’s Toronto outpost, making it one of the few women-led AV startups in the world. Second,… Continue reading Waabi, the rare autonomous vehicle startup with a woman CEO, raises $83.5 million

SBTi-approval of Volvo Group’s industry-leading climate targets

GOTHENBURG, Sweden, June 8, 2021 /PRNewswire/ — Volvo Group’s climate targets are in line with what the latest climate science deems necessary to keep global warming at a maximum 1.5⁰ C. Volvo Group’s pathway to reach the goals of the Paris Climate Agreement has now been validated by the Science Based Targets initiative (SBTi). “We… Continue reading SBTi-approval of Volvo Group’s industry-leading climate targets

Automakers face a threat to EV sales: Slow charging times

Newer EVs can be charged even faster. But they far exceed the capacity of most fast chargers. Ford’s Mustang Mach-E and F-150 Lightning can take in 150 kilowatts per hour. Hyundai’s Ioniq 5 and Porsche’s Taycan are over 200 kilowatts. DETROIT: If the auto industry is to succeed in its bet that electric vehicles will… Continue reading Automakers face a threat to EV sales: Slow charging times

BlackBerry and BiTECH Team Up To Build Safe, Reliable Digital LCD Instrument Cluster For Changan’s Newly Launched UNI-K SUV

The Changan UNI-K is a new mid-to-high-end SUV which features an advanced smart driving assistance program and a smart cockpit with an Interactive Monitoring System (IMS). The LCD digital instrument cluster comprises three parts, with the left section displaying tire pressure and door conditions; the middle section highlighting the vehicle’s speed, augmented reality real-view navigation, a multimedia… Continue reading BlackBerry and BiTECH Team Up To Build Safe, Reliable Digital LCD Instrument Cluster For Changan’s Newly Launched UNI-K SUV

Strike resumes at Volvo’s Virginia operations after UAW rejects labor deal

Volvo said in a statement that the UAW’s decision was difficult to understand, but it was confident of reaching a deal with the union. Volvo AB employees represented by the United Auto Workers (UAW) have resumed a strike at the Swedish truck maker’s operations in Virginia after the union rejected a six-year labor agreement, the… Continue reading Strike resumes at Volvo’s Virginia operations after UAW rejects labor deal

Statement Regarding United Auto Workers Decision to Resume Strike at NRV Plant

GREENSBORO, N.C., June 7, 2021 /PRNewswire/ — Volvo Trucks North America today issued the following statement regarding the United Auto Workers (UAW) union’s decision to resume their strike at the New River Valley truck assembly operations in Dublin, VA, after the members of UAW Local #2069 rejected the tentative agreement the parties agreed to on… Continue reading Statement Regarding United Auto Workers Decision to Resume Strike at NRV Plant