Indonesia’s OTT firm Asia Vision Network merges with SPAC to launch US IPO …

Indonesia’s PT Asia Vision Network (AVN) announced its plans to go in for listing through a merger with NASDAQ-listed SPAC Malacca Straits Acquisition Company (MLAC). AVN, a wholly-owned subsidiary of MNC Vision Networks Tbk (IPTV), has submitted a draft to the US Securities and Exchange Commission on the same. The business combination is subject to… Continue reading Indonesia’s OTT firm Asia Vision Network merges with SPAC to launch US IPO …

Lilium holds Analyst Day, announcing former Airbus CEO Dr. Thomas Enders will serve as Chairman of the Board following business combination with Qell

MUNICH and SAN FRANCISCO, June 16, 2021 /PRNewswire/ — Lilium GmbH (“Lilium”), positioned to be a global leader in sustainable regional air mobility, announced that Advisory Board member Dr. Thomas Enders will assume the role of Chairman of the Board of Directors of Lilium N.V. upon completion of Lilium’s business combination with Qell Acquisition Corp… Continue reading Lilium holds Analyst Day, announcing former Airbus CEO Dr. Thomas Enders will serve as Chairman of the Board following business combination with Qell

AVIAREPS and Air Black Box Partner to Promote Third-Generation Interlining Solutions

As airlines relaunch their services and restore their networks, legacy interlining processes and structures dating from decades ago are no longer fit for purpose in enabling airlines to partner effectively or allowing consumers to find the most convenient and cheapest flight connection options. Air Black Box’s ACE and ThruBag™ solutions create a new way for… Continue reading AVIAREPS and Air Black Box Partner to Promote Third-Generation Interlining Solutions

EV battery swapping startup Ample charges up operations in Japan, NYC

EV battery swapping startup Ample has locked in two partnerships this month that will help fuel an expansion into Japan and New York City after years of working on the technology. The startup, which was founded in 2014 and came out of stealth in March, said Tuesday it has partnered with Japanese petroleum and energy… Continue reading EV battery swapping startup Ample charges up operations in Japan, NYC

Chinese startup Pony.ai plans to launch a driverless robotaxi service in California in 2022

Pony.ai, the robotaxi startup that operates in China and the United States, has started testing driverless vehicles on public roads in California ahead of plans to launch a commercial service there in 2022. The company said the driverless vehicle testing, which means the autonomous vehicles operate without human safety drivers behind the wheel, is happening… Continue reading Chinese startup Pony.ai plans to launch a driverless robotaxi service in California in 2022

World NM: 250 community EV charging stations by year-end in Kerala001313

Electric battery-operated vehicles have not taken off as anticipated by the government though Kerala has hopped onto the electric vehicle (EV) bandwagon to embrace environment-friendly mobility. Choosing a plan of ₹855 will allow a motorist to charge up to 91 units that will enable travel up to 1,500 km for three-wheelers and 900 km for… Continue reading World NM: 250 community EV charging stations by year-end in Kerala001313

Autonomous delivery startup Nuro moves into logistics with FedEx

Nuro, the autonomous delivery startup founded in 2016 by former Google engineers Dave Ferguson and Jiajun Zhu, is expanding into parcel logistics through a partnership with FedEx. The multiyear, multiphased strategic partnership announced Tuesday aims to test and ultimately deploy Nuro’s second-generation R2 autonomous delivery vehicle within FedEx operations. Unlike others in the autonomous vehicle… Continue reading Autonomous delivery startup Nuro moves into logistics with FedEx

Cruise secures $5B credit line to buy electric, autonomous Cruise Origin vehicles from GM

Cruise, the self-driving subsidiary of GM, has tapped a $5 billion line of credit from the automaker’s financial arm to pay for hundreds of purpose-built electric and autonomous Origin vehicles as they start to roll off the assembly line. The access to the credit provided by GM Financial will push Cruise’s “total war chest” to… Continue reading Cruise secures $5B credit line to buy electric, autonomous Cruise Origin vehicles from GM

TVS cuts iQube e-scooter price by Rs 11,250 after FAME II subsidy revision

Following the recently announced revision in subsidy under the FAME II Scheme by the government, TVS Motor Company has revised the pricing for its electric scooter, the iQube Electric. The iQube Electric now costs Rs 11,250 less. From the earlier Rs 112,027 in New Delhi, the eco-friendly scooter now costs Rs 100,777 in the capital… Continue reading TVS cuts iQube e-scooter price by Rs 11,250 after FAME II subsidy revision

The Information Autonomous Vehicle Summit – June 9, 2021

AEye is the premier provider of high-performance, AI-driven LiDAR systems for vehicle autonomy, advanced driver-assistance systems (ADAS), and robotic vision applications. AEye’s smart, software-configurable iDAR™ (Intelligent Detection and Ranging) platform combines solid-state, active LiDAR, an optionally fused low-light HD camera, and integrated deterministic artificial intelligence to capture more intelligent information with less data, enabling faster,… Continue reading The Information Autonomous Vehicle Summit – June 9, 2021