SHANGHAI, Dec 22 (Reuters) – Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor’s Chairman Wei Jianjun, has raised nearly 1 billion yuan ($157 million) in a funding round as investors increase bets on smart car technologies. Haomo will use the funds raised from investors – such as Hillhouse Capital’s early-stage investment unit… Continue reading Chinese autonomous driving startup raises $157 mln from Hillhouse, Meituan
Tag: Mobility
AEye Showcases Adaptive LiDAR at CES 2022 – Live in Las Vegas and Virtually via Webcasts
For Those Unable to Join CES In-person, AEye Will be Offering a Daily “Live with AEye at CES” Webcast From the Show Floor, Featuring the Latest News and Interviews with Leading Players Implementing Autonomous Technology Across Different Industries AEye’s Extensive Presence at the Show Includes Live Demos of AEye’s 4Sight LiDAR, a CES 2022 Innovation… Continue reading AEye Showcases Adaptive LiDAR at CES 2022 – Live in Las Vegas and Virtually via Webcasts
Supplier Increases Automotive Adhesive Capabilities with New Facility in East China
DuPont has broken ground on a previously announced $30 million facility in Zhangjiagang, China, that will produce a range of materials to advance applications for electrification and lightweighting in support of growing demand for its automotive adhesives. Leading the groundbreaking ceremony were Yi Zhang, regional president for DuPont Asia Pacific; Tina Wu, global vice president… Continue reading Supplier Increases Automotive Adhesive Capabilities with New Facility in East China
DENSO Did That? 9 Ways the Auto Supplier Evolved to Support People and the Environment in 2021
SOUTHFIELD, Mich., Dec. 22, 2021 /PRNewswire/ — At first glance, DENSO looks like an automotive supplier. But look a little deeper and you’ll find a dynamic company full of purposeful innovators who are reimagining mobility. What exactly does that mean? It means DENSO employees build technologies, forge partnerships and create solutions across many areas with the wellbeing of people and… Continue reading DENSO Did That? 9 Ways the Auto Supplier Evolved to Support People and the Environment in 2021
Hertz Announces Final Results of Its Cash Tender Offer to Purchase Its Outstanding Series A Preferred Stock and Related Consent Solicitation
ESTERO, Fla., Dec. 22, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) today announced the final results of its tender offer (the “Offer”) to purchase all of its outstanding Series A Preferred Stock, par value $0.01 per share (the “Series A Preferred Shares”), at a price per Series A Preferred Share… Continue reading Hertz Announces Final Results of Its Cash Tender Offer to Purchase Its Outstanding Series A Preferred Stock and Related Consent Solicitation
China’s NASN Auto bags $78m from GL Ventures, CATL, others
NASN Automotive Electronics (NASN Auto), a manufacturer of electronic products used in automobiles, has closed a Series C funding round raising 500 million yuan ($78 million). Investors who participated in the round were: Hillhouse Capital’s venture capital arm GL Ventures, Bank of China’s Hong Kong-based subsidiary Bank of China Group Investment, CMC-SDIC Capital, and CATL… Continue reading China’s NASN Auto bags $78m from GL Ventures, CATL, others
Ontario International Airport adds Uber as ride-app option for fliers
“We are pleased to welcome Uber to Ontario International just in time for the busy holiday travel period,” said ONT’s Chief Commercial Officer Daniel F. Cappell. “More and more travelers are discovering how convenient and hassle-free ONT is for nonstop commercial jet service to 26 major airports in the U.S., Mexico, Central America and Taiwan.… Continue reading Ontario International Airport adds Uber as ride-app option for fliers
Why Graphite Could Be The Hottest Commodity Of 2022
LONDON, Dec. 22, 2021 /PRNewswire/ — The key to the momentous global energy transition is what Goldman Sachs calls the “great battery race”, and while attention has been absorbed by lithium, one critical mineral in the battery mix is possibly the most lucrative back door entrance into this race. Mentioned in today’s commentary includes: Tesla Inc.… Continue reading Why Graphite Could Be The Hottest Commodity Of 2022
US Hybrid Receives $5.5 Million Purchase Order from Global Environmental Products to Electrify Street Sweepers for California and other state fleets
NEW YORK, Dec. 22, 2021 /PRNewswire/ — US Hybrid, a wholly-owned subsidiary of Ideanomics and a leader in advanced battery, fuel cell and hybrid electric vehicles, today announced a $5.5 million purchase order from Global Environmental Products (GEP) for additional battery powertrain kits for electric street sweepers for California’s largest fleet operator, with delivery of the order… Continue reading US Hybrid Receives $5.5 Million Purchase Order from Global Environmental Products to Electrify Street Sweepers for California and other state fleets
Zypp Electric partners Flo Mobility for autonomous EV for delivery applications
Zypp Electric a leading tech-enabled EV-as-a-service platform has partnered Bangalore-based autonomous driving tech start-up Flo Mobility to build a delivery bot for Zypp deliveries for distribution within large campuses. As per the partners, the delivery bot will pick up any packages left at the gate/entry and bring them to the door. Flo Mobility will allow… Continue reading Zypp Electric partners Flo Mobility for autonomous EV for delivery applications