BP Ventures invests $11.9M in in-car payments provider Ryd to support expansion

BP Ventures, the investing arm of oil and gas giant BP, has announced a €10 million (~$11.9 million) investment in Ryd, a German in-car digital payments provider. The fresh funds will help Ryd expand its service into international markets and build out its offering, according to a statement. Ryd’s service allows users to lump together… Continue reading BP Ventures invests $11.9M in in-car payments provider Ryd to support expansion

Hyundai Motor Group Presents Its Vision to Popularize Hydrogen by 2040 at Hydrogen Wave Forum

Hyundai Motor Group (the Group) announces Hydrogen Vision 2040, to popularize hydrogen by 2040 for ‘Everyone, Everything and Everywhere’ at Hydrogen Wave Hydrogen Wave represents the Group’s plans for a new ‘wave’ of hydrogen-based products and technologies toward a hydrogen society The Group to introduce next- generation fuel cell system – 100kW and 200kW variations… Continue reading Hyundai Motor Group Presents Its Vision to Popularize Hydrogen by 2040 at Hydrogen Wave Forum

Valeo and Leoni join forces aiming for a leading position within zone controllers

Valeo Group | 7 Sep, 2021 | 2 min Valeo, leader in ADAS sensors and related functional software, with a major electronics expertise, and Leoni, leading supplier of wiring systems and power distribution, synergize their strengths to bring the best in class solution for zone controllers, key elements of the future vehicles. Valeo and Leoni… Continue reading Valeo and Leoni join forces aiming for a leading position within zone controllers

Bosch targets a billion euros from e-mobility business this year

As the automotive industry worldwide makes the transition to electric mobility, component and technology companies are benefitting from the shift. One example is Bosch, whose product portfolio includes everything from e-bikes to construction equipment, from silicon carbide chips to pre-integrated e-axle modules. Bosch says it is growing twice as fast as the market and expects to… Continue reading Bosch targets a billion euros from e-mobility business this year

@BMW: IAA Mobility 2021 – BMW Group Innovation Workshop 2021.001428

1. The new BMW iDrive.Natural interaction between driver and vehicle. The new BMW iDrive represents a rethinking of the entire operating, information and experience concept for BMW vehicles, specifically designed for touch and voice control. The new BMW Curved Display serves as a fully digital display cluster with modern graphic displays and an intuitive menu… Continue reading @BMW: IAA Mobility 2021 – BMW Group Innovation Workshop 2021.001428

Didi’s ride-hailing rival Cao Cao Mobility raises $600m to fund expansion

Geely’s Cao Cao Mobility said on Monday that it had raised 3.8 billion yuan ($589 million) to fund expansion, amid competition to grab market share from China’s embattled ride-hailing leader Didi Global Inc. Cao Cao‘s funding round comes as New York-listed Didi faces a cybersecurity investigation by Chinese authorities. Along with other ride-hailing companies, including Meituan’s, Cao Cao is offering promotions to… Continue reading Didi’s ride-hailing rival Cao Cao Mobility raises $600m to fund expansion

Bosch does away with the “charging brick”

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch does away with the “charging brick”

IAA Mobility: climate-friendly solutions for all kinds of mobility – Bosch is generating sales of more than one billion euros with electromobility

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading IAA Mobility: climate-friendly solutions for all kinds of mobility – Bosch is generating sales of more than one billion euros with electromobility

Bosch is shaping the CO₂-free future: climate-friendly and attractive solutions for all kinds of mobility

Dr. Volkmar Denner, chairman of the board of management, Robert Bosch GmbH, and Dr. Stefan Hartung, chairman of the Mobility Solutions business sector, at the IAA Mobility press conference in Munich, September 6, 2021 Check against delivery. Ladies and gentlemen, This year’s IAA comes at a time when the automotive industry is facing a challenge… Continue reading Bosch is shaping the CO₂-free future: climate-friendly and attractive solutions for all kinds of mobility

@Hyundai: Hyundai Motor Presents Carbon Neutral Commitment at IAA Mobility 2021

Seoul/Munich, September 6, 2021 — Hyundai Motor Company today announced its commitment to become carbon neutral by 2045 at IAA Mobility 2021. Hyundai’s integrated strategy to achieve carbon neutrality rests on the following three pillars: clean mobility, next-generation platforms, and green energy. Hyundai is showcasing the full breadth of its electrified vehicle lineup and latest solutions… Continue reading @Hyundai: Hyundai Motor Presents Carbon Neutral Commitment at IAA Mobility 2021