Tag: Mobility

@VW Group: Advancement of PTV with new partner Bridgepoint004040

Stuttgart, 19 October 2021. Porsche Automobil Holding SE (Porsche SE), Stuttgart, has partnered with Bridgepoint Advisers Limited (Bridgepoint), London, United Kingdom, to advance the further development of PTV Planung Transport Verkehr AG (PTV). In this context, the private equity group has acquired 60 percent of PTV, while Porsche SE retains a significant stake of 40 percent… Continue reading @VW Group: Advancement of PTV with new partner Bridgepoint004040

@VW Group: Volkswagen tests 5G for production on its way to smart factories004040

Volkswagen is taking a further step in the direction of fully networked factories. A local 5G standalone network (“campus network”) is now available at its main plant in Wolfsburg that initially covers the main production development center and the pilot hall. The pilot project will test whether the 5G technology meets the demanding requirements of… Continue reading @VW Group: Volkswagen tests 5G for production on its way to smart factories004040

@Toyota: Driving the Future Forward at Toyota Indiana

Toyota is driving the future forward in the heart of Princeton, Indiana. The company recently announced an $803 million investment and 1,400 new jobs at Toyota Motor Manufacturing, Indiana (TMMI), ahead of plans to unveil two all-new, three-row electrified SUVs. The plant broke ground 25 years ago in a sprawling cornfield in the Hoosier state.… Continue reading @Toyota: Driving the Future Forward at Toyota Indiana

@Toyota: Woven Capital Invests in UP.Partners’ New Venture Capital Fund Dedicated to Powering the Future of Mobility Through Emerging Technology

Woven Capital, L.P., the investment arm of the Woven Planet Group, a Toyota subsidiary that is dedicated to building the safest mobility in the world, today announced that it has made an investment in UP.Partners’ newly launched $230M venture capital fund. The fund is dedicated to supporting early-stage companies that are transforming the moving world.… Continue reading @Toyota: Woven Capital Invests in UP.Partners’ New Venture Capital Fund Dedicated to Powering the Future of Mobility Through Emerging Technology

RevFin raises $4 million in pre-series A funding round

RevFin, which runs a digital lending platform that finances electric vehicles for commercial use, has raised $4 million (about Rs 30 crore) in pre-series A funding round with both equity and debt. The funding round was led by Redcliffe Life Solutions founder Dheeraj Jain. Other investors in the round included Let’s Venture Angel Fund; Anuraag… Continue reading RevFin raises $4 million in pre-series A funding round

Xpeng-backed urban air mobility company, HT Aero, raises $500M

HT Aero, an urban air mobility (UAM) company that’s an affiliate of Chinese electric vehicle manufacturer Xpeng, has announced a $500 million Series A raise. The company will use the funds to acquire top-tier talent, advance R&D and “continue to gain airworthiness provision and certification” as it advances towards the next generation of its vehicles,… Continue reading Xpeng-backed urban air mobility company, HT Aero, raises $500M

Rapid charging expert Heliox launches New 180kW Flex Charge System ™

The Flex Charge System is compatible with multiple vehicles, removing barriers to entry and enabling a giant stride ahead in the e-mobility revolution. LONDON, Oct. 19, 2021 /PRNewswire/ — Today, rapid charging expert Heliox has announced the launch of its 180kW Flex Charge System™, designed for high-powered depots and overnight charging across multiple vehicles, including buses… Continue reading Rapid charging expert Heliox launches New 180kW Flex Charge System ™

College Students in AI Take ‘World’s Greatest Field Trip’ to GTC

Seventy-five students from Houston Community College’s new two-year artificial intelligence program will attend NVIDIA’s GTC conference next month. Calling it “the greatest field trip of all time,” the program’s coordinator, G. Raymond Brown, sees it as a way to bring students in the program up to speed fast. The program at HCC, launched in August… Continue reading College Students in AI Take ‘World’s Greatest Field Trip’ to GTC

StradVision CEO discusses impact of ADAS, Autonomous Vehicle advancements

Q: Who will benefit most from ADAS technology and Autonomous Vehicles?A: As the number of vehicles worldwide expands, traffic accidents and their fatality rate are increasing. According to the WHO, more than 1.3 million people worldwide die in road accidents every year. Drivers over age 65 are 573% more likely than the average driver to… Continue reading StradVision CEO discusses impact of ADAS, Autonomous Vehicle advancements