Tag: Mobility

@Toyota: Woven Capital Invests in Planet-Friendly Urban Innovations with the Climate Technology Sustainability Fund of 2150

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 the Climate Technology Sustainability Fund of 2150 (a.k.a. 2150). 2150 is a London and Copenhagen-based venture capital firm investing in technology… Continue reading @Toyota: Woven Capital Invests in Planet-Friendly Urban Innovations with the Climate Technology Sustainability Fund of 2150

Tata Motors raises $1b from TPG, ADQ for electric vehicle business

Indian automaker Tata Motors has raised about $1 billion from private equity firm TPG’s Rise Climate Fund and Abu Dhabi state holding company ADQ to expand its electric vehicle business, the company said on Tuesday. Tata Motors will form a separate electric vehicle unit in which TPG and ADQ will hold between 11% and 15%, valuing the new entity at… Continue reading Tata Motors raises $1b from TPG, ADQ for electric vehicle business

Dott launches bike-sharing service in Paris

Nearly a year after Dott originally announced plans to launch a bike-sharing service, the new offering is going live in Paris. Dott is better known for its scooter-sharing service across dozens of European cities. It is adding electric bikes to complement its service. In addition to Dott, Lime and Tier also have scooters currently available… Continue reading Dott launches bike-sharing service in Paris

DreamDrive: Lucid’s Proprietary Advanced Driver Assistance Platform That’s User-Friendly and Future-Ready

“DreamDrive Pro has been designed to grow in capability, thanks to our ability to deliver software over-the-air and key equipment already in place in the vehicle,” said Dr. Eugene Lee, Senior Director, ADAS and Autonomous Driving, Lucid Motors. “Thanks to highly integrated hardware and software teams, Lucid has the ability to develop new functionality for… Continue reading DreamDrive: Lucid’s Proprietary Advanced Driver Assistance Platform That’s User-Friendly and Future-Ready

Macron says France to have mini nuclear reactor, green hydrogen plants by 2030

“We must be a leader in green hydrogen by 2030,” Macron said in a speech. PARIS: French President Emmanuel Macron said on Tuesday that by 2030 France must be a leader in carbon-free power production, and will build one small modular reactor as well as two megafactories for the production of green hydrogen by then.… Continue reading Macron says France to have mini nuclear reactor, green hydrogen plants by 2030

Italvolt and ABB announce partnership agreement as a key step in delivering Italian gigafactory

More specifically, the technology partnership with ABB will bring Italvolt: Expertise in design and delivery of electrification and automation solutions for power control, distribution and management, optimization of manufacturing processes and long-term energy efficiency Consultancy on robotics and autonomous operations for transportation and handling of material in the process units of the plant Exploration of solutions… Continue reading Italvolt and ABB announce partnership agreement as a key step in delivering Italian gigafactory

Automotive industry-focused software firm NeuSAR bags $101m led by CMG-SDIC

NeuSAR, a unit of the Chinese software major Neusoft Corporation, announced on Monday that it has closed its maiden round of financing, raising 650 million yuan ($101 million). State-backed CMG-SDIC Capital led the round with participation from automotive industry-focused Virtue Capital. CMG-SDIC Capital picked up a 9.3% stake in NeuSAR for an investment of 600 million… Continue reading Automotive industry-focused software firm NeuSAR bags $101m led by CMG-SDIC

German Manager Magazin: Elektroautos: Study shows how drivers are excluded from prices at the charging stations001189

Drivers of Electric cars pay significantly more at the charging station than they should. Refueling is particularly expensive at fast charging stations. Electricity there costs up to 140 percent more than in a conventional household. With the somewhat slower variants, the electricity is 49 percent more expensive. This is the result of a study commissioned… Continue reading German Manager Magazin: Elektroautos: Study shows how drivers are excluded from prices at the charging stations001189

Röchling Automotive increasingly focuses on lightweight structural design with fiber plastic composites

– Lightweight design and alternative drives go hand in hand – Structural lightweight design complements existing product portfolio WORMS, Germany, Oct. 12, 2021 /PRNewswire/ — Lightweight structural engineering based on fiber-reinforced plastics is replacing heavy metal solutions in body-in-white and battery applications. In addition, the technology offers significantly better design and integration options. These lightweight… Continue reading Röchling Automotive increasingly focuses on lightweight structural design with fiber plastic composites