(Bloomberg) — Chinese artificial intelligence-chip startup Horizon Robotics Inc. is considering a U.S. initial public offering which could raise as much as $1 billion, according to people with knowledge of the matter. The Beijing-based company, which is backed by investors including Intel Capital, Hillhouse Capital and Jack Ma’s Yunfeng Capital, is working with advisers on… Continue reading Intel-Backed Horizon Robotics Weighs $1 Billion U.S. IPO
Tag: Mobility
50 founders and VCs dish on what it’s like to work with Jason Calacanis, Silicon Valley’s polarizing, Howard Stern-inspired angel investor
Ashley Welch and her cofounder were finally in the room for the big break they’d been working towards: a chance to pitch their tech startup to a prominent venture-capital investor. Though she was confident in her vision for the company, Welch was frustrated by her business partner’s habit of talking over her. Suddenly, the investor… Continue reading 50 founders and VCs dish on what it’s like to work with Jason Calacanis, Silicon Valley’s polarizing, Howard Stern-inspired angel investor
Worldwide Automobiles and Heavy Equipment Industry to 2030 – Featuring CEVA Logistics, DHL and FedEx Freight Among Others
DUBLIN, June 3, 2021 /PRNewswire/ — The “Automobiles and Heavy Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030” report has been added to ResearchAndMarkets.com’s offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global automobiles and heavy equipment market as it emerges from… Continue reading Worldwide Automobiles and Heavy Equipment Industry to 2030 – Featuring CEVA Logistics, DHL and FedEx Freight Among Others
DeepMap Announces RoadMemory, a Highly-Scalable and Economical Mapping Service, Enabling Hands-Off Driving Everywhere
PALO ALTO, Calif., June 3, 2021 /PRNewswire/ — DeepMap, Inc., a global leader in autonomous driving technology, today announced DeepMap RoadMemory™, a crowdsourced mapping service. RoadMemory enables automakers to accelerate the creation and deployment of large-scale digital maps via data collected from their own fleets of passenger vehicles and trucks. It is designed to expand geographic… Continue reading DeepMap Announces RoadMemory, a Highly-Scalable and Economical Mapping Service, Enabling Hands-Off Driving Everywhere
Softbank-backed Indian mobility firm Ola appoints two new CFOs
Arun Kumar brings more than two decades of experience in finance and strategy, including managing business growth and turnaround, large scale debt and equity capital market benchmark transactions, governance and reporting and compliance with corporate multinationals including Vedanta Resources, GE and Hindustan Unilever. With his experience in leading large-scale supply chain teams, delivering sales and… Continue reading Softbank-backed Indian mobility firm Ola appoints two new CFOs
KINTO and Greater Than expand their collaboration in Japan
STOCKHOLM, June 3, 2021 /PRNewswire/ — KINTO, the leading new mobility initiative by Toyota and the insurtech Greater Than today announce that they will deepen its collaboration around solutions that will enhance the KINTO customer experience. KINTO is Toyota’s challenge for new mobility services and part of Toyota’s global vision to develop into a mobility… Continue reading KINTO and Greater Than expand their collaboration in Japan
Lion Electric Selects YMX International Aerocity of Mirabel as Location for Its Battery Manufacturing Plant and Innovation Center in Quebec
MONTREAL, June 3, 2021 /PRNewswire/ – The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that the company’s upcoming battery manufacturing plant and innovation center will be located at the YMX International Aerocity of Mirabel, Quebec. To commemorate the announcement,… Continue reading Lion Electric Selects YMX International Aerocity of Mirabel as Location for Its Battery Manufacturing Plant and Innovation Center in Quebec
Fragomen Acquires Nomadic to Deliver Innovative Business Visa Solution to Clients
Nomadic’s superior short-term business visa tech platform and consular service capabilities fit perfectly with Fragomen’s unparalleled global knowledge and immigration experience NEW YORK, June 3, 2021 /PRNewswire/ — In a move that will further enhance its client-facing technology offerings, leading global immigration firm Fragomen announced today it has acquired Nomadic, a provider of technology-led, innovative… Continue reading Fragomen Acquires Nomadic to Deliver Innovative Business Visa Solution to Clients
Zeus Electric Chassis, Inc. Announces Agreement With Sacramento Municipal Utility District
MINNEAPOLIS, June 3, 2021 /PRNewswire/ — Zeus Electric Chassis, Inc. (“Zeus”), a fully configurable class 3-8 electric work truck manufacturer, is proud to announce their agreement with Sacramento Municipal Utility District (“SMUD”) to create a variety of zero emissions electric work trucks. Each of the five unique vehicles in the first shipment will be configured to… Continue reading Zeus Electric Chassis, Inc. Announces Agreement With Sacramento Municipal Utility District
Classic Legends to expand network to 500 by mid-2022, BSA e-motorcycle in the works
Mahindra & Mahindra is redialling the two-wheeler business with much vigour. Having acquired Classic Legends, in which it has a 60 percent stake, in 2016 and begun manufacturing Czech brand Jawa motorcycles under license, it also aims to revive iconic British brand BSA, whose global brand rights it has bought out. For Classic Legends, the two… Continue reading Classic Legends to expand network to 500 by mid-2022, BSA e-motorcycle in the works