Making its market debut on Wednesday, Japan’s Socionext Inc bucked softening sentiment toward chips by surging 15% in Tokyo’s biggest initial public offering of the year so far. Shares in the fabless system-on-chip design company closed up 15.07% at 4,200 in their debut on Tokyo’s prime market from the initial offer price of 3,650 yen. The total deal size was 76.8 billion yen ($525… Continue reading Defying chip slump, Socionext records Japan’s biggest IPO this year
Tag: Mobility
Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for September 2022
CHENGDU, China, Oct. 12, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the… Go to Source
Enterprise Holdings Expands Global Footprint into South Africa
Woodford Car Hire to operate the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands ST. LOUIS, Oct. 12, 2022 /PRNewswire/ — Enterprise Holdings, the world’s largest vehicle rental business, today announced the addition of new franchise locations featuring car rental options from Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car… Continue reading Enterprise Holdings Expands Global Footprint into South Africa
Gustaf Sundell to head Scania Mobility Solutions and join Executive Board
Mobility Solutions, which includes the wholly-owned subsidiary LOTS Group, is a unit that was formed in the spring of 2021 to capture market opportunities in the future transport ecosystem. Gustaf Sundell, currently Head of Strategy and Corporate Management at Scania, has been appointed Executive Vice President and Head of Mobility Solutions. From November1, 2022, he… Continue reading Gustaf Sundell to head Scania Mobility Solutions and join Executive Board
Veriff Partners with Bolt to Speed Up Customer Onboarding and Prevent Identity Fraud
Veriff’s identity verification platform enables quick, accurate driver documentation verification for Bolt’s car-sharing service NEW YORK, Oct. 12, 2022 /PRNewswire/ — Veriff, an industry leader in online identity verification, announced an expanded partnership with Bolt, the European super-app seeking to accelerate the transition from owned cars to shared mobility. Through the partnership, Veriff will help… Continue reading Veriff Partners with Bolt to Speed Up Customer Onboarding and Prevent Identity Fraud
@niche: Sono Motors Debuts Affordable Solar Electric Vehicle, ‘Sion’, for First Time in the U.S.; Kicks Off Multi-City Solar Mobility Tour002237
Sion, which Sono Motors believes will be the world’s first affordable solar electric vehicle (SEV) showcased at Times Square in New York, kicking off a three-week cross-country tour including stops in Boston, Detroit, San Francisco Bay Area, and Los Angeles Sono Motors has received more than 42,000 reservations and pre-orders for Sion to date; Sion… Continue reading @niche: Sono Motors Debuts Affordable Solar Electric Vehicle, ‘Sion’, for First Time in the U.S.; Kicks Off Multi-City Solar Mobility Tour002237
@Hyundai: Hyundai Motor Group Announces Future Roadmap for Software Defined Vehicles at Unlock the Software Age Global Forum
● Hyundai Motor Group (the Group) to transform customer experience and deliver an unprecedented era of mobility via constantly evolving software technology Over-The-Air (OTA) software updates for all models by 2025 will offer enhanced performance and functionality anytime, anywhere across all global markets, to keep all models up to date 20 million vehicles expected to… Continue reading @Hyundai: Hyundai Motor Group Announces Future Roadmap for Software Defined Vehicles at Unlock the Software Age Global Forum
@Hyundai: Unlock the Software Age | Hyundai Motor Group
Unlocked. Opening a new realm in cars free from all limits. Software sets in motion a new era of mobility. Go to Source
Uber scales back in Pakistan
Uber is scaling back its operations in Pakistan, the latest in a series of efforts from the ride-hailing firm as it looks to improve its financial performance. The company says its marquee app is ceasing operations in five of the six cities where Uber had launched and expanded to over the years. The eponymous service… Continue reading Uber scales back in Pakistan
Scania appoints Gustaf Sundell as Head of Mobility Solutions and member of Scania Executive Board
SÖDERTÄLJE, Sweden, Oct. 12, 2022 /PRNewswire/ — Gustaf Sundell, currently Head of Strategy and Corporate Management at Scania, has been appointed Executive Vice President and Head of Mobility Solutions. As from 1 November 2022, he will be part of Scania’s Executive Board and report to Christian Levin, President and CEO Scania and TRATON GROUP. “In… Continue reading Scania appoints Gustaf Sundell as Head of Mobility Solutions and member of Scania Executive Board