Velocia, a Toronto, Canada-based software-as-a-service (SaaS) provider for a mobility rewards platform, raised $2.5m in growth funding. WindSail Capital Group made the investment. Led by David Winterstein, CEO, Velocia Velocia is a SaaS mobility rewards platform designed to incentivize and reward people for their daily commutes. It uses rewards to encourage people to get out of single-occupant vehicles… Continue reading Velocia Raises $2.5M in Funding
Tag: Mobility
Eaton to hone focus on e-mobility
Eaton expects its electric mobility business to become the new driving force going forward. Shailendra Shukla, Managing Director, Vehicle Group, Eaton India told Autocar Professional that e-mobility will now see greater focus keeping in line with shift in demand. “We are treating it separately as we want to make it big,” he said. Shukla, who took charge of the vehicle… Continue reading Eaton to hone focus on e-mobility
@BMW: Profitable first half-year – BMW Group stays on course in difficult environment002165
1st half-year: Group EBT totals € 16.2 billion (EBT margin: 24,5%) 1st half-year: EBIT margin Auto of 8.5% (excluding consolidation effects related to BBA: 12.6%) 2nd quarter: Free cash flow of €3 billion in Auto Segment Annual outlook for EBIT margin in auto segment confirmed: 7-9% BEV sales more than double in 1st half-year (+110.3%) Persistent… Continue reading @BMW: Profitable first half-year – BMW Group stays on course in difficult environment002165
Joe Elliott MBE Joins IT Consultancy Kagool as an Associate Director
COVENTRY, England, Aug. 3, 2022 /PRNewswire/ — Kagool is delighted to welcome Joe Elliott MBE as an Associate Director. Joe is well known locally in Coventry and throughout the Motor Industry and sporting world, brining a significant amount of executive expertise based on his roles in the Automotive industry and within Football Clubs. Joe commented,… Continue reading Joe Elliott MBE Joins IT Consultancy Kagool as an Associate Director
Vietnam’s EWA provider Nano Technologies raises $6.4m led by Openspace
Vietnam’s earned wage access (EWA) provider Nano Technologies has raised $6.4 million in an oversubscribed pre-Series A round led by Singapore-based venture capital firm Openspace, according to an announcement. Partech Partners, Tekton Ventures, KVision, IT Farma and Sketchnote Partners were the new investors in the round alongside existing backers Golden Gate Ventures, FEBE Ventures, FJLabs,… Continue reading Vietnam’s EWA provider Nano Technologies raises $6.4m led by Openspace
Wikipedia Articles Sway Some Legal Judgments
In 2005, the Irish Supreme Court ruled in favor of a woman who sued a landowner for compensation in 1997 after she lost her footing while watching the sunset and tumbled over a cliff edge, breaking numerous bones in the process. The ruling, which has since been cited in numerous other legal decisions in Ireland,… Continue reading Wikipedia Articles Sway Some Legal Judgments
Uber likely seller of 7.8% stake in India’s Zomato
Uber Technologies is the likely seller of a 7.8% stake in Indian food delivery firm Zomato being disposed of via a $373 million block deal on Wednesday, according to a source with direct knowledge of the matter. The offer size of 612 million shares worth $373 million is based on the lower end of a… Continue reading Uber likely seller of 7.8% stake in India’s Zomato
TuSimple addresses autonomous truck crash during Q2 earnings call
Autonomous trucking company TuSimple used its second-quarter earnings call to address an April crash during which one of the company’s autonomous trucks suddenly veered across the I-10 highway in Tuscon, slamming into a concrete barricade. The crash first came to light via a YouTube video that showed footage of the crash along with a letter… Continue reading TuSimple addresses autonomous truck crash during Q2 earnings call
Illinois, Indiana, Wisconsin join Whitmer’s Lake Michigan EV charging circuit
The states of Illinois, Indiana and Wisconsin have signed an agreement with Michigan to add charging stations and boost electric vehicle use around Lake Michigan. The voluntary agreement moves an EV infrastructure initiative announced by the Whitmer administration in 2021 forward. The effort, known as the Lake Michigan Electric Vehicle Circuit Tour, is geared toward tourism,… Continue reading Illinois, Indiana, Wisconsin join Whitmer’s Lake Michigan EV charging circuit
@GM: Cruise LLC Driverless Rides Update August 2, 2022
Terms & Conditions LEGAL NOTICES PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE THIS WEB SITE (THE “SITE”) IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN… Continue reading @GM: Cruise LLC Driverless Rides Update August 2, 2022