With rapid expansion across the country, Kyte is eyeing a future of rental teleoperation and fully autonomous vehicle delivery. Photo: Kyte Kyte has announced a $30 million Series A funding round led by Park West Asset Management and Sterling Road. The on-demand car rental company launched in 2019 and is building infrastructure to support its goal of enabling teleoperation… Continue reading Kyte Raises $30 Million Series A Funding
Tag: Mobility
Wayve, the Lidar-free self-driving startup, raises $13.6M from Ocado
Wayve, a U.K.-based self-driving startup that is notable for its use of deep learning and cameras rather than more-costly Lidar and other sensors to guide vehicles, is gearing up for its next stage of development with a strategic backer in its pocket. Today Ocado — the online grocer that also powers online grocery systems for… Continue reading Wayve, the Lidar-free self-driving startup, raises $13.6M from Ocado
Tesla faces investor test after big jury award over racism
SAN FRANCISCO/BOSTON, Oct 6 (Reuters) – A contract worker has won a $137 million jury award over workplace racism against Tesla Inc (TSLA.O), raising pressure on the electric vehicle maker whose shareholders will vote on Thursday on a proposal to review how it addresses similar complaints for full-time employees. The nonbinding shareholder resolution asks Tesla’s… Continue reading Tesla faces investor test after big jury award over racism
@Daimler: High-end Mercedes-Benz and EV deliveries outperform in challenging environment
Mercedes-Benz Cars deliveries between January and September totalled 1,617,508 (+3.0%) xEV sales (plug-in-hybrids and all-electric cars) between January and September at 184,369 (+142.7%) In spite of robust global demand and a healthy order intake, Mercedes-Benz deliveries were significantly restricted by the ongoing semiconductor shortage World-wide Q3 sales of Mercedes-Benz Cars at 434,784 (-30.5%) Worldwide sales… Continue reading @Daimler: High-end Mercedes-Benz and EV deliveries outperform in challenging environment
Omega Seiki partners Exicom for its li-ion batteries
Omega Seiki Mobility (OSM) has partnered Exicom Tele-systems for lithium-ion batteries for its range of electric L5 cargo vehicles. Under the partnership, Exicom will supply its recently launched 10.8 kW fixed batteries that will provide a range of 120km on full charge and added features of real-time battery analytics, long lifecycle, environment protection and rugged design.… Continue reading Omega Seiki partners Exicom for its li-ion batteries
@niche: Sono Motors Presents Light Electric Vehicle ARI Motors Prototype With Solar Integration at the Intersolar Exhibition001287
First Light Electric Vehicle Prototype From ARI Motors With Solar Integration Premieres at the Intersolar Exhibition From 6-8 October in Munich The Solar Integration on the Cargo Box of the Prototype Will Be Providing up to 450 Watts Peak, Enabling a Range Extension of 20 KM on Average per Day Another Premiere: Sono Motors Signs… Continue reading @niche: Sono Motors Presents Light Electric Vehicle ARI Motors Prototype With Solar Integration at the Intersolar Exhibition001287
Hertz Names Mark Fields Interim CEO; Paul Stone COO
Mark Fields, new interim CEO, Hertz Photo courtesy Hertz On Oct. 5, Hertz announced it has named Mark Fields interim CEO and Paul Stone president and chief operations officer. The news comes more than a year after former CEO Kathryn Marinello left the company. Effective immediately, Hertz says the new appointments are part of a vision for… Continue reading Hertz Names Mark Fields Interim CEO; Paul Stone COO
Tata Power plans big, aims for 10,000 charging stations in 5 years
As of now, Tata Power has set up 961 charging stations in the country. There are currently over 70,000 fuel pumps in India that form the foundation of the country’s mobility sector. In a not too distant future when vehicles would run on electricity, how many charging stations would India need? There is no clear… Continue reading Tata Power plans big, aims for 10,000 charging stations in 5 years
GM to build new battery facility in Warren to support its EV strategy
General Motors is building a new innovation facility in Warren with the goal of growing the automaker’s battery technology and accelerating the development of longer range, more affordable EV batteries. The new facility will be called the Wallace Battery Cell Innovation Center. It will be a 300,000-square-foot building on the grounds of the GM Global Technical Center campus. There, engineers will work to advance technologies… Continue reading GM to build new battery facility in Warren to support its EV strategy
GoTo Global drives European expansion with acquisition of German e-moped sharing company emmy
Israeli shared multimodal mobility operator GoTo Global Mobility has acquired German shared electric scooter company emmy. The strategic deal will help GoTo Global, which offers customers access to shared cars, vans, mopeds, scooters and bikes, reach its goal of expanding to every major European city by 2025. GoTo Global would not share the financial terms… Continue reading GoTo Global drives European expansion with acquisition of German e-moped sharing company emmy