Private equity deals, funding rounds and, eventually, the move to becoming a publicly listed company can be a rollercoaster. There can be highs, lows, and plateaus, but the ultimate goal for all concerned is to take investments and use them to create a thriving business. Sometimes that happens, sometimes it doesn’t. That’s the nature of… Continue reading The Ups and Downs of Funding: Why You Should be Willing to Change Your Mind
Tag: Mobility
Perform Raises $1.2M in Funding
Perform Founding Advisor Meb Keflezighi Perform, a San Francisco, CA-based startup that helps runners reach their goals with a personal running coach and smart training app, raised $1.2M in funding. The round was led by defy.vc, with participation from Techstars, the Chief Product Officer of Calm, the former Chief Product Officer of Uber, the co-founder… Continue reading Perform Raises $1.2M in Funding
Drone Logistics Market to Reach $53.32 Billion, Globally, by 2031 at 20.8% CAGR: Allied Market Research
Increase in demand for time-efficient delivery service and rise in demand for drones in last mile delivery drive the growth of the global drone logistics market. PORTLAND, Ore. , Aug. 22, 2022 /PRNewswire/ — Allied Market Research published a report, titled, “Drone Logistics Market by Component (Hardware, Software, Services), by Application (Warehouse and Storage Management, Transportation Management), by… Continue reading Drone Logistics Market to Reach $53.32 Billion, Globally, by 2031 at 20.8% CAGR: Allied Market Research
Urban Air Mobility Market to Reach $29.0 Billion by 2030: The Brainy Insights
NEWARK, N.J., Aug. 22, 2022 /PRNewswire/ — As per the report published by The Brainy Insights, the global urban air mobility market is expected to grow from USD 2.1 billion in 2021 to USD 29.0 billion by 2030, at a CAGR of 33.9% during the forecast period 2022-2030. Urban air mobility (UAM) is a highly automated, on-demand,… Continue reading Urban Air Mobility Market to Reach $29.0 Billion by 2030: The Brainy Insights
NEW YORKERS CHARGE INTO ELECTRIFY EXPO TO DEMO AND EXPERIENCE EVs
Electrify Expo to Produce Over 25,000 Demo Rides of Electrified Fun August 27 & 28 LONG ISLAND, N.Y., Aug. 22, 2022 /PRNewswire/ — Electrify Expo, North America’s largest electric-vehicle festival, rolls into New York Saturday, August 27 through Sunday, August 28, at the Nassau Coliseum. As the Inflation Reduction Act (IRA) and the Infrastructure Bill… Continue reading NEW YORKERS CHARGE INTO ELECTRIFY EXPO TO DEMO AND EXPERIENCE EVs
TVS increases scooter market share to 24%, Okinawa grabs 2.5%
As two-wheeler OEMs gear up for the festive season in India, which begins later this month, the marked uptick in their wholesale numbers for both scooters and motorcycles also reflects a mood of cautious optimism. In the April-July 2022 period, a total of 5,105,836 two-wheelers were despatched, up 39% YoY. This comprised 16,87,062 scooters (up… Continue reading TVS increases scooter market share to 24%, Okinawa grabs 2.5%
SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut
Socar, South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Shares of Socar rose 1.25% from its IPO price of 28,000 won ($21.10) in the initial minutes of the debut, before tumbling to 26,300 won and giving the firm… Continue reading SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut
Human drivers in UK won’t be liable for accidents when vehicle is self-driving
Manufacturers operating self-driving vehicles in the UK will be liable for a vehicle’s actions when in autonomous mode, according to the country’s new roadmap to achieve a widespread rollout of self-driving vehicles by 2025. The British government unveiled the roadmap over the weekend, announcing $119 million in funding for AV projects and an additional $41… Continue reading Human drivers in UK won’t be liable for accidents when vehicle is self-driving
Worldwide Electric Two-wheelers Market to Hit USD 100 Billion by 2030: Global Market Insights Inc.
The North America electric two-wheelers market is anticipated to reach USD 6 billion by 2030 owing to increased adoption of electric micro-mobility solutions and rising concerns about environmental sustainability. SELBYVILLE, Del., Aug. 22, 2022 /PRNewswire/ — The electric two-wheelers market is expected to record a valuation of USD 100 billion by 2030, according to the… Continue reading Worldwide Electric Two-wheelers Market to Hit USD 100 Billion by 2030: Global Market Insights Inc.
What next for VW as Elon Musk’s ‘frenemy’ Herbert Diess is ousted? – The Times
Herbert Diess looked every inch the modern, global auto titan. His private jet hissed to a halt after landing on the Greek island of Astypalaia and the Volkswagen boss stepped off to be greeted by Kyriakos Mitsotakis, the Greek prime minister. The two men were there last summer to unveil the world’s first (nearly) carbon-neutral… Continue reading What next for VW as Elon Musk’s ‘frenemy’ Herbert Diess is ousted? – The Times