The Mercedes Benz star is seen on the bonnet of a new Mercedes-Benz S-Class limousine at the company’s test center, near Immendingen, Germany October 14, 2020. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to reuters.com Register BERLIN, Dec 9 (Reuters) – Germany’s car watchdog has cleared Mercedes-Benz’s semi-autonomous driving system, paving the way for… Continue reading Germany clears Mercedes-Benz’s hands-free drive system
Tag: Mobility
German Handelsblatt: Autonomous driving: Daimler receives level 3 approval: S-Class is allowed to drive autonomously on motorways 003445
No hand on the wheel In the future, S-Class drivers will be able to have the Drive Pilot drive them along the autobahn. Munich, Head of Development at Daimler, Markus Schäfer, is certain: After 136 years of automotive history, a new era is now beginning. After all, his group is just introducing a “radical paradigm… Continue reading German Handelsblatt: Autonomous driving: Daimler receives level 3 approval: S-Class is allowed to drive autonomously on motorways 003445
How BMW is developing ownership among employees in order to achieve its goal of sustainability?
Ilka Horstmeier By the end of this decade, global luxury car giant BMW plans to be the world’s most sustainable automotive industry player. In this regard, the company aims to cut its carbon footprint by a third and also look up to the goal of becoming a ‘Climate-Neutral’ organisation. While many organisations talk about sustainability… Continue reading How BMW is developing ownership among employees in order to achieve its goal of sustainability?
German Handelsblatt: Commercial vehicle manufacturer: Daimler Truck promises higher margins before going public
Test of an autonomously driving Daimler truck It is still completely open whether Daimler can maintain its market leadership in the electric age. (Photo: via REUTERS) Munich It was almost exactly a year ago. The approximately 170,000 employees of Daimler in Germany were already longing for the Christmas holidays when the two most important board… Continue reading German Handelsblatt: Commercial vehicle manufacturer: Daimler Truck promises higher margins before going public
@niche: Powered by REE, Driven by Navya001486
The automotive landscape is constantly shifting. As governments and leaders wake up to the climate crisis, twin forces of vehicle electrification and autonomous driving are converging and creating a new playing field. It’s incredibly exciting to see this shift happen right before our eyes, and we’re happy to announce that as a new automotive future… Continue reading @niche: Powered by REE, Driven by Navya001486
Indian ride-hailing major Ola raises $139m at $7.3b valuation: Report
Bengaluru based ride-hailing aggregator Ola has raised about $139 million (Rs 1,049 crore) in its Series J funding round led by Edelweiss, according to several Indian media reports. The round was backed by family offices, corporates, and high net worth individual investors. Concurrently, the company has acquired geospatial services provider GeoSpoc for Rs 26 crore, the… Continue reading Indian ride-hailing major Ola raises $139m at $7.3b valuation: Report
India: Ola Electric raises $53m led by Temasek, valued at $2.7b
Temasek, which invested through its affiliate Macritchie Investments Pte. Ltd., led a ₹398 crore ($53 million) financing round for Ola Electric at a post-money equity valuation of $2.7 billion ( ₹2025 crore), according to VCCircle estimates. The company issued 371 Series C preference shares to a dozen investors at ₹1,07,34,860 apiece, according to a recent regulatory disclosure filing.… Continue reading India: Ola Electric raises $53m led by Temasek, valued at $2.7b
@Ford: Jim Farley to Describe Customer-Focused Ford+ Strategy In Dec. 9 Remarks to CNBC Investing Club with Jim Cramer
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Jim Farley to Describe Customer-Focused Ford+ Strategy In Dec. 9 Remarks to CNBC Investing Club with Jim Cramer
Robotaxi race opens up as top contender Waymo in low gear in Arizona
CHANDLER, Ariz., Dec 8 (Reuters) – Alphabet Inc’s Waymo (GOOGL.O) risks losing its lead in the U.S. race to prove robotaxis are a viable business as it sticks to a limited service and rivals backed by automakers near their own launches. Companies including Ford Motor Co’s (F.N) Argo AI and General Motors Co’s (GM.N) Cruise… Continue reading Robotaxi race opens up as top contender Waymo in low gear in Arizona
AgiloDrive2: Schaeffler promotes flexible and digitalized production for electric motors
2021-12-08 | Bühl Federally funded research project AgiloDrive2 launched with a total finance package of 33.7 million euros Schaeffler is the consortium leader and is cooperating with 17 renowned partners operating in industry and research Digitalization and automation as the key to a flexible and sustainable factory of the future The Bühl location becomes a… Continue reading AgiloDrive2: Schaeffler promotes flexible and digitalized production for electric motors