Lightning eMotors (NYSE: ZEV), a manufacturer of specialty EVs for fleets, has formed a partnership with electronics giant ABB (NYSE: ABB) to offer DC fast charging hardware for electric fleet vehicles. Lightning’s division Lightning Energy, which supplies charging solutions to fleet customers, will sell ABB DC fast charging systems, with power outputs from 20 kW… Continue reading Lightning eMotors to sell ABB fast chargers under its Lightning Energy fleet charging brand
Tag: Mobility
Foxconn and Thailand’s PTT aim to rule EV market in Southeast Asia
BANGKOK — Thai oil and gas group PTT signed a joint venture deal with leading contract electronics producer Foxconn on Tuesday to make electric vehicles, propelling Bangkok’s strategy to turn Southeast Asia’s second-largest economy into the region’s top manufacturer and exporter of EVs. The state-owned PTT and the Taiwanese manufacturer look to produce EVs and… Continue reading Foxconn and Thailand’s PTT aim to rule EV market in Southeast Asia
Grab Reports Second Quarter 2021 Results
Gross Merchandise Value reached an all-time high of $3.9 billion, up 62% year-over-year Adjusted Net Sales reached a new quarterly record of $550 million, increasing 92% year-over-year Revenue grew to $180 million, up 132% year-over-year Deliveries continues to outperform with 68% year-over-year growth in Adjusted Net Sales New report by NielsenIQ finds Grab [1] to… Continue reading Grab Reports Second Quarter 2021 Results
Industrial Tech Acquisitions, Inc. and Arbe Robotics Ltd. Announce Special Meeting Date for Proposed Business Combination
TEL AVIV, Israel and HOUSTON, Texas, Sept. 14, 2021 /PRNewswire/ — Arbe Robotics Ltd. (“Arbe”), a global leader in next-generation 4D Imaging Radar Solutions, and Industrial Tech Acquisitions, Inc. (“ITAC”) (NASDAQ: ITAC), a publicly traded special purpose acquisition company, today announced that ITAC has scheduled a special meeting of its stockholders that will be held virtually on October 5, 2021, at 10:00… Continue reading Industrial Tech Acquisitions, Inc. and Arbe Robotics Ltd. Announce Special Meeting Date for Proposed Business Combination
Senmiao Technology Announces New Cooperation Agreement with Leading E-commerce Platform for Servicing Major Cities of Chengdu and Guangzhou
CHENGDU, China, Sept. 14, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a new contract with Shanghai Lutuan Technology, an affiliate of… Continue reading Senmiao Technology Announces New Cooperation Agreement with Leading E-commerce Platform for Servicing Major Cities of Chengdu and Guangzhou
Self-driving startup DeepRoute.ai nets over $300m Series B from Alibaba, others …
Self-driving technology developer DeepRoute.ai announced on Tuesday the completion of a Series B funding round at over $300 million, as the startup continues its commitment to advancing urban logistics and popularising robotaxis. The oversubscribed round was led by Chinese e-commerce giant Alibaba Group, with participation from Asia-based growth capital investor Jeneration Capital and a fund… Continue reading Self-driving startup DeepRoute.ai nets over $300m Series B from Alibaba, others …
German Handelsblatt: Mobility: Why VW, Daimler and BMW are more successful than the tech companies in automated driving
BMW German carmakers cannot afford to burn billions over the years. (Photo: dpa) Wemding, Munich, Düsseldorf The matter seemed clear. US tech companies such as Waymo, Cruise and Zoox led the development of automated driving, and the traditional auto industry was left behind. While Volkswagen, Daimler and BMW were using well-known lane departure warning systems… Continue reading German Handelsblatt: Mobility: Why VW, Daimler and BMW are more successful than the tech companies in automated driving
@Nissan: New Japan-market Nissan GT-R unveiled000469
2021/09/14 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today unveiled the new Japan-market GT-R. The model line-up includes two limited grades, the GT-R Premium Edition T-spec and GT-R Track Edition Engineered by NISMO T-spec. All are scheduled to go on sale in the second half of October. GT-R Premium edition T-spec GT-R Track edition engineered… Continue reading @Nissan: New Japan-market Nissan GT-R unveiled000469
@Nissan: New limited-production ‘T-spec’ edition joins Nissan GT-R lineup000469
September 14, 2021 NASHVILLE, Tenn. – Nissan today announced a special, limited production 2021 GT-R “T-spec” edition, which will be available in two iconic body colors and with a range of upgraded features. Slotting in above the GT-R Premium grade, the new, limited-volume GT-R T-spec adds wider front fenders from the previous Track Edition, gold-painted… Continue reading @Nissan: New limited-production ‘T-spec’ edition joins Nissan GT-R lineup000469
German Handelsblatt: Automated driving: VW, Daimler and BMW could slow down the tech companies when it comes to autonomous driving
BMW German carmakers cannot afford to burn billions over the years. (Photo: dpa) Wemding, Munich, Düsseldorf The matter seemed clear. US tech companies such as Waymo, Cruise and Zoox led the development of automated driving, and the traditional auto industry was left behind. While Volkswagen, Daimler and BMW were using well-known lane departure warning systems… Continue reading German Handelsblatt: Automated driving: VW, Daimler and BMW could slow down the tech companies when it comes to autonomous driving