Home-grown electric vehicle charging and mobility solutions company Magenta is looking to raise $20-30 million in a Series B funding round in a couple of weeks, co-founder Darryl Dias told DealStreetAsia in an interview. The upcoming round will be led by international investors and see participation from existing ones. Seed-funded by HPCL in 2018 and… Continue reading Indian EV firm Magenta to raise up to $30m soon, eyes profits in a year
Tag: Mobility
QuantumScape loses manufacturing chief over management style mismatch
Celina Mikolajczak, who has held senior roles at Tesla and Panasonic, resigned from QuantumScape less than a year after taking the chief manufacturing officer position at the solid-state battery company, according to a regulatory filing. Mikolajczak and QuantumScape are parting ways over “differing management styles between the parties,” the filing with the U.S. Securities and… Continue reading QuantumScape loses manufacturing chief over management style mismatch
Getaround gets dedicated parking spots in Seattle as car-sharing service partners with city
A dedicated parking space for a Getaround car-sharing vehicle. (Getaround Photo) Getaround, the peer-to-peer car-sharing marketplace that first arrived in Seattle in 2018, is expanding its operations in the city through a new partnership with the Seattle Department of Transportation. SDOT will provide dedicated parking spaces for Getaround vehicles, the company announced this week, starting… Continue reading Getaround gets dedicated parking spots in Seattle as car-sharing service partners with city
@GM: BrightDrop Acquires Tech Startup Marain’s AI Software to Help Fleet Owners Lower Operational Costs June 10, 2022
BrightDrop Acquires Tech Startup Marain’s AI Software to Help Fleet Owners Lower Operational Costs BrightDrop helps make the transition to electric fleets easier with integration of predictive analytics, simulation and AI-based optimization technology Marain cofounders from Berkeley and Stanford join BrightDrop to lead the company’s growing data science and machine learning functions The company aims… Continue reading @GM: BrightDrop Acquires Tech Startup Marain’s AI Software to Help Fleet Owners Lower Operational Costs June 10, 2022
@VW Group: NEW AUTO goes TikTok: Volkswagen Group debuts on video platform for digital natives005207
Starting now, Volkswagen’s transformation into a tech company will be accompanied by a TikTok channel called “newauto” – the name of the Group’s strategy. This is the Volkswagen Group’s first appearance on the trendy video platform. Creative and entertaining videos on the channel explain the historic transformation towards the mobility world of the future, which… Continue reading @VW Group: NEW AUTO goes TikTok: Volkswagen Group debuts on video platform for digital natives005207
@Toyota: Toyota Mobility Foundation Supports May Mobility to Bring Autonomous Shuttle Service to Hoosier Residents
Creating a thriving mobility ecosystem requires teamwork and efficient collaboration. That’s why the Toyota Mobility Foundation worked with May Mobility — a leader in autonomous vehicle technology development and deployment — for its Together in Motion Indiana initiative to help get people where they need to go easily and sustainably. Two six-month pilot programs were… Continue reading @Toyota: Toyota Mobility Foundation Supports May Mobility to Bring Autonomous Shuttle Service to Hoosier Residents
Record-Setting Aviator, Astronaut, Entrepreneur, Philanthropist Receives 2022 UP.Summit Inspiration Award
Jared Isaacman recognized for his collective work in helping humanity go UP BENTONVILLE, Ark. , June 10, 2022 /PRNewswire/ — UP.Partners is proud to announce Jared Isaacman as the recipient of the 2022 UP.Summit Inspiration Award. The award is presented by UP.Partners to an individual who has inspired others to think bigger and has created a… Continue reading Record-Setting Aviator, Astronaut, Entrepreneur, Philanthropist Receives 2022 UP.Summit Inspiration Award
@Groupe PSA: PR “Arena del Futuro” Demonstrates Capability of Dynamic Inductive Recharging Technology for Electric Vehicles003882
“Arena del Futuro” (“Arena of the Future”) circuit built by A35 Brebemi in collaboration with Stellantis and other partners field tests revolutionary dynamic induction electric charging for EVs Testing with Fiat New 500 shows that Dynamic Wireless Power Transfer (DWPT) simplifies the customer approach to electric mobility by removing range anxiety and supports decarbonization and… Continue reading @Groupe PSA: PR “Arena del Futuro” Demonstrates Capability of Dynamic Inductive Recharging Technology for Electric Vehicles003882
UN-ECE increases speed for autonomous driving to level 3
Autonomous driving at level 3 should soon be possible at 130 kilometers per hour. In Germany there is a model level 3 admitted: the S class from Mercedes Benz. This allows you to let the car take control on certain routes and focus on other things. However, you have to be able to take control… Continue reading UN-ECE increases speed for autonomous driving to level 3
Top Toyota Supplier Denso Mulls $3 Billion Chip Unit Spinoff
(Bloomberg) — Denso Corp., one of the world’s top automotive semiconductor manufacturers and a key supplier to Toyota Motor Corp., may consider spinning off its chip business, which generates around 420 billion yen ($3.1 billion) in sales, the company’s chief technology officer said Friday. Most Read from Bloomberg Well known as the world’s second-biggest auto-parts… Continue reading Top Toyota Supplier Denso Mulls $3 Billion Chip Unit Spinoff