From the 1991 PEUGEOT 905 to the 2021 PEUGEOT 9X8: 30 years of outstanding innovation and performance. For more than 210 years, PEUGEOT has been moving in step with the times and has been anticipating changes in behaviour and paving the way for new mobility solutions. As the ultimate technological testing ground, motorsport gives PEUGEOT… Continue reading @Groupe PSA: PR From the PEUGEOT 905 to the PEUGEOT 9X8 : 30 years of outstanding innovation and performance002302
Tag: Mobility
Tesla faces US safety investigation over Autopilot crashes
PALO ALTO, U.S. — A U.S. regulator is launching a formal investigation into 11 incidents where Tesla crashed into emergency vehicles when using Autopilot or other driver-assistance features. The probe adds to the pressure on Tesla after a series of safety investigations in China this year and as regulators around the world grow increasingly concerned about nascent… Continue reading Tesla faces US safety investigation over Autopilot crashes
Faurecia Soars as $8 Billion Deal Reduces Engine Exposure
(Bloomberg) — Faurecia SE surged after the French auto supplier agreed to take over Hella GmbH, boosting its standing with German automakers and rendering the company less reliant on fading internal combustion engines. The deal reached over the weekend values Hella at 6.8 billion euros ($8 billion) and will form the world’s seventh-largest car-parts maker.… Continue reading Faurecia Soars as $8 Billion Deal Reduces Engine Exposure
Goodyear’s (GT) Venture Arm Expands Portfolio, Invests in AmpUp
The Goodyear Tire & Rubber Company GT recently announced that its venture capital arm — Goodyear Ventures — has invested in AmpUp, a leader in electric vehicle (EV) charging. Headquartered in Cupertino, CA, AmpUp’s solutions serve thousands of EV drivers and charge station owners across North America and abroad. The company supports green transportation options… Continue reading Goodyear’s (GT) Venture Arm Expands Portfolio, Invests in AmpUp
Car-sharing startup Turo has filed confidentially for an IPO
Turo, the peer-to-peer car-sharing startup, has initiated the confidential process of filing for an initial public offering with the U.S. Securities Exchange Commission. The number of shares to be offered in the IPO and the price range have not yet been determined, the company said in a statement. Turo declined to provide additional information to… Continue reading Car-sharing startup Turo has filed confidentially for an IPO
Microsoft hires former Uber exec to lead a new consumer apps effort
Microsoft is hiring Manik Gupta, the former head of product at Uber, in a renewed effort to boost Microsoft’s consumer apps. Gupta will be responsible for Microsoft Teams consumer, Skype, and GroupMe, and he will report directly to Jeff Teper, Microsoft’s head of Microsoft 365 collaboration. Gupta spent four years at Uber running the various… Continue reading Microsoft hires former Uber exec to lead a new consumer apps effort
EV Stocks Close in the Red: What is to be Blamed?
Yesterday was a rough day for investors in the electric vehicle (EV) market, with various stocks closing in the red. While a couple of EV stocks were dragged down by company-specific news, the broader sell-off in the industry could be attributed to regulatory concerns, rising COVID-19 cases, shortage of microchips and geopolitical worries. Tesla Down… Continue reading EV Stocks Close in the Red: What is to be Blamed?
AEye and CF Finance Acquisition Corp. III Announce Closing of Business Combination; AEye to Trade on Nasdaq as “LIDR” Beginning on August 18
“AEye’s transition to the public markets marks a key milestone in our corporate journey, enabling us to accelerate adoption of our high-performance, intelligent LiDAR system and accelerate our mission to bring safe autonomy to the masses.” Blair LaCorte, CEO, AEye Dublin, CA – August 16, 2021 – AEye, Inc. (“AEye”), the global leader in adaptive,… Continue reading AEye and CF Finance Acquisition Corp. III Announce Closing of Business Combination; AEye to Trade on Nasdaq as “LIDR” Beginning on August 18
At 26.5 Bn, Bicycle Component Aftermarket To Clock Ahead At 7% CAGR Through 2031 Due To Dramatic Increase In Bicycle Ownership During Pandemic Times
The bicycle components aftermarket study by Future Market Insights (FMI) offers riveting insights into key segments including component and bicycle. It underscores product launches as key strategy adopted by market players as they aim for expanding their footprint globally DUBAI, UAE, Aug. 17, 2021 /PRNewswire/ — As per the latest study by Future Market Insights (FMI),… Continue reading At 26.5 Bn, Bicycle Component Aftermarket To Clock Ahead At 7% CAGR Through 2031 Due To Dramatic Increase In Bicycle Ownership During Pandemic Times
Indian car service startup myTVS raises $50m funding from Exor …
myTVS, an online garage aggregator for automotive repair and maintenance services, has raised about $50 million (Rs 375 crore) from a fund managed by Exor, the holding company of Italy’s Agnelli family. myTVS will use the funds to scale up its online-to-offline business model, establish a pan India platform and build its cloud-based digital infrastructure… Continue reading Indian car service startup myTVS raises $50m funding from Exor …