Yadea’s continued investment in R&D comes as environmental protection is at the forefront of global discussions. Earlier this year, member states of the European Union (EU) adopted ambitious new targets to cut carbon emissions by at least 55 percent by 2030, and the United Kingdom has followed suit with radical plans to cut carbon emissions… Continue reading The Era of Green: Yadea Announces Plans to Invest Over US$150 million in Electric Mobility R&D in 2021
Tag: Mobility
Renault could adopt battery swapping to slash EV charging time
French-carmaker Renault could very well become the first global OEM to deploy battery swapping technology in its electric vehicles to cut down on charging times. This is according to a recent report in the FT. The information was given by Luca de Meo, CEO, Renault at the Financial Times’ Future of the Car Summit. “I’ve asked… Continue reading Renault could adopt battery swapping to slash EV charging time
China’s WeRide secures more funding, pushing valuation to $3.3 billion
Only four months after securing Series B fundraising of $310 million, Chinese autonomous driving company WeRide says it has achieved its Series C funding round that brings its post-money valuation to $3 billion. This is first time the company has disclosed its value. The company did not share how much it has raised this round,… Continue reading China’s WeRide secures more funding, pushing valuation to $3.3 billion
Yifan Li Joins Human Horizons as CFO
Mr. Li is a seasoned finance and accounting executive, and joins Human Horizons from Zhejiang Geely Holding Group (ZGH), a global mobility technology group headquartered in Hangzhou. As Vice President and Chief Financial Officer of the group, Mr. Li was responsible for financial strategy, corporate development and industrial ecology chain, having an integral role in… Continue reading Yifan Li Joins Human Horizons as CFO
Autonomous startup WeRide raises new funds, at $3.3b valuation …
WeRide, an autonomous driving startup backed by Nissan, Renault and Mitsubishi, said on Thursday that it has raised hundreds of millions of dollars valuing the company at $3.3 billion. WeRide, which is testing vehicles in California, China’s southern city of Guangzhou and central city of Zhengzhou, did not disclose details on the size of the… Continue reading Autonomous startup WeRide raises new funds, at $3.3b valuation …
Waymo to lose its CFO and head of automotive partnerships
Waymo’s chief financial officer Ger Dwyer and its head of automotive partnerships and corporate development Adam Frost — two longtime executives at the autonomous vehicle company — are leaving this month, departures that comes amid some executive shuffling following CEO John Krafcik’s exit earlier this year. Dwyer and Frost’s departure was shared internally this week,… Continue reading Waymo to lose its CFO and head of automotive partnerships
@VW Group: Volkswagen Commercial Vehicles and Argo AI launch international trials of autonomous driving with ID. BUZZ003060
May 12, 2021 European Argo AI test site opening this summer in Munich, Germany Volkswagen Commercial Vehicles brand using a combination of lidar, radar and cameras for Level 4 autonomous driving vehicles Commercial use as of 2025: Volkswagen Group’s transport service provider MOIA to be first user of self-driving ID. BUZZ AD in Germany Hanover,… Continue reading @VW Group: Volkswagen Commercial Vehicles and Argo AI launch international trials of autonomous driving with ID. BUZZ003060
@Toyota: Toyota’s Path to Carbon Neutrality
Battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs) will make up 15% of U.S. sales by 2030 Electrified vehicles including BEVs will make up 70% of U.S. sales by 2030 Global sales of approximately 8M electrified vehicles by 2030 of which 2M will be BEVs and FCEVs PLANO, Texas (May 12, 2021) –… Continue reading @Toyota: Toyota’s Path to Carbon Neutrality
Toyota AI Ventures and May Mobility will talk the future of the transportation industry on Extra Crunch Live
Besides a passion for progress in the mobility space, what do Toyota AI Ventures’ Jim Adler, May Mobility’s Nina Grooms Lee and May’s Edwin Olson have in common? All three of them are joining us on an upcoming episode of Extra Crunch Live. The show goes down on May 12 at 3pm ET/noon PT. Register… Continue reading Toyota AI Ventures and May Mobility will talk the future of the transportation industry on Extra Crunch Live
Plastic Omnium signs partnership with Hopium to develop the Māchina hydrogen storage system
LEVALLOIS, France, May 12, 2021 /PRNewswire/ — Plastic Omnium has announced a partnership with Hopium, the French manufacturer of high-end hydrogen cars, to develop the hydrogen storage system for the future Hopium Māchina. This high-end vehicle, first announced in October 2020, aims to be the first French hydrogen-powered sedan to hit the market in 2026.… Continue reading Plastic Omnium signs partnership with Hopium to develop the Māchina hydrogen storage system