@Tata-JLR: Car financing fintech Carmoola raise $125 million in a mix of debt and equity

Car financing fintech Carmoola has raised $125 million in a mix of debt and equity. The London-based startup offers credit for used car purchases and incentivizes EVs. Check out the 12-slide pitch deck it used to help raise the fresh funds below. Car financing fintech Carmoola has raised $10.3 million in a Series A round… Continue reading @Tata-JLR: Car financing fintech Carmoola raise $125 million in a mix of debt and equity

@Tata-JLR: InMotion Ventures portfolio company Urgently to merge with Otonomo

HERZLIYA, Israel, SAN FRANCISCO, Calif. and VIENNA, Va. – Feb. 9, 2023 – Otonomo Technologies Ltd. (Nasdaq: OTMO) (“Otonomo”), the platform powering the mobility economy, and Urgent.ly, Inc. (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, today announced that they have entered into a definitive agreement to merge in… Continue reading @Tata-JLR: InMotion Ventures portfolio company Urgently to merge with Otonomo

Tata Motors launches Red Dark Editions of the Nexon, Harrier & Safari

Tata Motors has launched the Nexon, Harrier and Safari Red Dark Editions. Prices for the Nexon Red Dark Edition start at Rs 12.35 lakh, while the Harrier and Safari Red Dark start at Rs 21.77 lakh and Rs 22.61 lakh, respectively. Like the previous special editions, the changes to the Red Dark edition models are mainly cosmetic. The Safari and… Continue reading Tata Motors launches Red Dark Editions of the Nexon, Harrier & Safari

Carmoola Raises £103.5M in Series A and Debt Funding

Carmoola, a London, UK-based car finance fintech company, raised £103.5M in Series A and Debt funding. An £8.5M Series A round was led by QED Investors, with participation from existing investors VentureFriends and InMotion Ventures. A £95M debt facility was provided by Natwest. The company intends to use the funds to scale the business, and… Continue reading Carmoola Raises £103.5M in Series A and Debt Funding

EV Platform Market worth $68.0 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Feb. 21, 2023 /PRNewswire/ — EV Platform Market is estimated to grow from USD 9.0 billion in 2022 to USD 68.0 billion by 2030 at a CAGR of 28.7% over the forecast period, according to a new report by MarketsandMarkets™. Preference for high-voltage and long-distance range EVs, high demand for solid-state batteries in EVs, growing demand… Continue reading EV Platform Market worth $68.0 billion by 2030 – Exclusive Report by MarketsandMarkets™

Singapore Airlines net profit surges over seven-fold in Q3

Singapore Airlines Ltd. (SIA) reported an over seven-fold jump in third-quarter net profit on Tuesday, boosted by a strong recovery in demand in key markets. The carrier said demand for air travel is expected to be robust in the fourth quarter following a recovery in East Asia after the easing of travel restrictions across China, Hong Kong,… Continue reading Singapore Airlines net profit surges over seven-fold in Q3

NVIDIA GTC 2023 to Feature Latest Advances in AI Computing Systems, Generative AI, Industrial Metaverse, Robotics; Keynote by Jensen Huang; Talks by OpenAI, DeepMind Founders

SANTA CLARA, Calif., Feb. 21, 2023 (GLOBE NEWSWIRE) — NVIDIA today announced that company founder and CEO Jensen Huang will deliver the opening keynote at GTC 2023, covering the latest advancements in generative AI, the metaverse, large language models, robotics, cloud computing and more. More than 250,000 people are expected to register for the four-day… Continue reading NVIDIA GTC 2023 to Feature Latest Advances in AI Computing Systems, Generative AI, Industrial Metaverse, Robotics; Keynote by Jensen Huang; Talks by OpenAI, DeepMind Founders

Splash Car Wash Acquires Knockout Car Wash

MILFORD, Conn., Feb. 21, 2023 /PRNewswire/ — Splash Car Wash, headquartered in Milford, Connecticut, today announced the acquisition of Guilderland, New York-based Knockout Car Wash. The site is an express wash outfitted with a 190-foot tunnel and 20 self-service vacuums. This acquisition bolsters Splash’s presence in the Albany market and brings its total wash count… Continue reading Splash Car Wash Acquires Knockout Car Wash

Jaguar Land Rover to test autonomous cars at three new sites

Software engineers from JLR and Nvidia were said to have been working together “side by side” on the project for months before its announcement in February 2022. “Co-development is so very important and so key in this partnership,” said JLR strategy director François Dossa last year. “Collaborating and sharing knowledge with industry leaders in connected services, data… Continue reading Jaguar Land Rover to test autonomous cars at three new sites

Electric Commercial Vehicles Global Market Report 2023

NEW YORK, Feb. 21, 2023 /PRNewswire/ — Major players in the electric commercial vehicles market are BYD, Proterra, AB Volvo, Daimler AG, Nissan, ABB, Scania AB, Tesla, Nikola Motor Company, and Tata Motors. Read the full report: https://www.reportlinker.com/p06277716/?utm_source=PRN Continue Reading Source: ReportLinker The global electric commercial vehicles market will grow from $88.45 billion in 2022… Continue reading Electric Commercial Vehicles Global Market Report 2023