@niche: Navya and Electromin sign a non-exclusive distribution agreement to accelerate sales of Navya autonomous solutions in the Middle East002040

Villeurbanne, France, July 27th 2022 – 7:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader and Electromin, […] Villeurbanne, France, July 27th 2022 – 7:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader and Electromin, a Saudi Arabian e-Mobility company, have signed a distribution agreement to better promote and… Continue reading @niche: Navya and Electromin sign a non-exclusive distribution agreement to accelerate sales of Navya autonomous solutions in the Middle East002040

@Hyundai: Hyundai Motor and Kia to Develop Lunar Surface Exploration Mobility through Joint Multilateral Research Agreement

Hyundai Motor and Kia sign joint research agreements with six Korean research institutes to develop mobility solutions to explore the surface of the moon The agreement is the first step by Hyundai and Kia to realize their robotics vision of ‘Expanding Human Reach’ to help create a better future Hyundai and Kia’s core robotics technological… Continue reading @Hyundai: Hyundai Motor and Kia to Develop Lunar Surface Exploration Mobility through Joint Multilateral Research Agreement

Lyft to Close Rental Car Business

Lyft’s car rental business had five locations. Photo: Chris Brown Lyft plans to shut down its car rental business and cut about 60 jobs, according to a report by Bloomberg. The company confirmed the news last week and it was first reported by The Wall Street Journal.  The layoffs affect less than 2% of Lyft’s… Continue reading Lyft to Close Rental Car Business

Siemens Switchgear Ltd., Shanghai expands robotic deployments with Geek+ for lean production via smart automation

Geek+ delivers four types of autonomous mobile robots in Siemens Switchgear’s Shanghai warehouse to create end-to-end system. New robots power Siemens Switchgear’s Plan For Every Part (PFEP) logistics model, which fully automates both picking and production line distribution. SHANGHAI, July 27, 2022 /PRNewswire/ — Geekplus, the global leader in autonomous mobile robots, has expanded collaboration… Continue reading Siemens Switchgear Ltd., Shanghai expands robotic deployments with Geek+ for lean production via smart automation

Nash Raises $20M in Series A Funding 

Nash, a San Francisco, CA-based delivery orchestration platform provider, raised $20M in Series A funding. The round was led by Andreessen Horowitz, with support from Y Combinator and Rackhouse Venture Capital.  The company intends to use the funds to accelerate hiring in engineering, sales, and other key business functions, and to expand to new verticals and markets,… Continue reading Nash Raises $20M in Series A Funding 

Electric Power Systems of U.S. Selected as Provider of EPiC Battery System for Aircraft Production: SkyDrive

TOYOTA, Japan, July 27, 2022 /PRNewswire/ — SkyDrive Inc. (hereinafter “SkyDrive”), a Toyota City, Aichi Prefecture, Japan-based developer of “flying cars” (*1) and “cargo drones,” is pleased to announce that it has selected Electric Power Systems, Inc. (hereinafter “EP Systems”) headquartered in North Logan in the U.S. state of Utah, a leading provider of high-power… Continue reading Electric Power Systems of U.S. Selected as Provider of EPiC Battery System for Aircraft Production: SkyDrive

German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004858

Mercedes-Benz boss Ola Källenius Sales should now be well above the previous year’s level instead of just slightly, EBIT should increase slightly instead of stagnating. (Photo: dpa) Mercedes-Benz increased its profit in the second quarter despite falling sales in its passenger car division and, thanks to strong demand, is more confident about the year as… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004858

Brembo and Gold Phoenix in JV to make aftermarket brake pads in China

Brembo and Gold Phoenix have signed a 50/50 joint venture agreement establishing a new company, Shandong BRGP Friction Technology Co to create the first large scale Brembo manufacturing facility fully dedicated to produce innovative aftermarket pads.  The JV, called Shandong BRGP Friction Technology Co, is expected to start operations in early 2023 in Jinan, the… Continue reading Brembo and Gold Phoenix in JV to make aftermarket brake pads in China

German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004856

Mercedes-Benz boss Ola Källenius Sales should now be well above the previous year’s level instead of just slightly, EBIT should increase slightly instead of stagnating. (Photo: dpa) Mercedes-Benz increased profits in the second quarter despite falling sales of its car division. From April to June, the operating result rose by six percent compared to the… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004856

Cleantechnica: Diess To Tesla Speculation Heats Up 002132

The operative word in the title to this story is “speculation.” When we reported last week that Herbert Diess had been fired as CEO of Volkswagen Group and given 30 days to clear out his office, we couldn’t help but wonder if he might receive a warm embrace from Elon Musk and Tesla. Now, the… Continue reading Cleantechnica: Diess To Tesla Speculation Heats Up 002132