Omega Seiki Mobility has partnered with Grip, an alternative investment platform for retail investors. Under the partnership, Grip will finance 1,000 units of electric three-wheelers Rage+ and Rapid of Omega Seiki. In a press note, both companies said they aim to expand this partnership to lease a minimum of 5,000 electric vehicles by the end of… Continue reading Omega Seiki, Grip join hands for retail tie-up
Tag: Mobility
Project Gecko: Wiesmann committed to V-8 sports car despite move into EVs – Motor Authority
Niche German performance marque Wiesmann made a return earlier this year under new ownership, plus a new focus on electric mobility with the reveal of the Project Thunderball electric sports car. However, the company hasn’t abandoned its heritage of gas-powered sports cars just yet. In fact, it’s working on a new sports car to be… Continue reading Project Gecko: Wiesmann committed to V-8 sports car despite move into EVs – Motor Authority
Yummy Raises $47 Million in Funding
Yummy, a provider of an on-demand delivery and transportation app in Venezuela and Bolivia, raised $47 million in its latest financing. The round was led by Anthos Capital, with the participation of JAM Fund, Soma Capital, WIND Ventures, Ethos Capital, and YC Continuity. In connection with this financing, Barney Harford, former COO of Uber Technologies and CEO of Orbitz Worldwide, has been appointed to the… Continue reading Yummy Raises $47 Million in Funding
Singapore officially launches digital platform to ease supply chain data flow
Singapore has officially launched a centralised data platform that it says will streamline information flows across a fragmented global supply chain. The data exchange already has garnered at least 70 participants that include logistics operators, banks, and energy companies. Called Singapore Trade Data Exchange (SGTraDex), the common data platform was first introduced in November 2020 as… Continue reading Singapore officially launches digital platform to ease supply chain data flow
Private equity to boost EV foray of Greaves Cotton
Greaves Cotton through its electric vehicles (EV) subsidiary has become the second listed company after Tata Motors to tap overseas private equity to fund the EV venture. Abdul Latif Jameel International (ALJI), a Saudi based fund, will invest $150 million (Rs 1,160 crore) for 35.8% stake in Greaves Electric Mobility (GEM). This values the latter… Continue reading Private equity to boost EV foray of Greaves Cotton
@VW Group: Myths about autonomous driving005145
Will self-driving cars soon be a reality? And how will people’s attitude have to change to ensure autonomous driving meets with broad acceptance? The &Audi study “SocAIty”, compiled with the help of renowned experts, looks into these questions, among others. It also clears up some of the widespread myths surrounding the topic. What is true?… Continue reading @VW Group: Myths about autonomous driving005145
ZF Group inaugurates new tech center in Hyderabad
ZF Group has inaugurated its new tech center facility at Hyderabad. The new Tech Center is the largest software hub for the ZF Group and is expected to play a critical role in the growth and positioning of the ZF Group globally and as well in India. KT Rama Rao, Telangana Cabinet Minister for IT… Continue reading ZF Group inaugurates new tech center in Hyderabad
Cruise can finally charge for driverless robotaxi rides in San Francisco
Cruise, the autonomous vehicle unit of General Motors, has finally been given the green light to start charging fares for its driverless robotaxi service in San Francisco. The California Public Utilities Commission (CPUC) voted Thursday to award Cruise with a driverless deployment permit, the final hurdle the company needed to jump to begin operating its… Continue reading Cruise can finally charge for driverless robotaxi rides in San Francisco
Ford investing $3.7B to create 6,200 jobs in Michigan, Ohio, Missouri
Ford Motor Co. is creating 6,200 new hourly union jobs in Michigan, Ohio and Missouri that offer full health coverage on day one as part of a new $3.7 billion investment that includes financial support from Michigan and Ohio policymakers, the company announced Thursday. “We’ve been working very closely with the UAW leadership on this,” Kumar Galhotra, president of… Continue reading Ford investing $3.7B to create 6,200 jobs in Michigan, Ohio, Missouri
Bosch strives to simplify the smart home of the future and is driving the Matter standard forward in cooperation with leading international tech companies
Robert Bosch Smart Home GmbH was incorporated as a fully owned subsidiary of Robert Bosch GmbH. Headquartered in Stuttgart-Vaihingen, the company offers complete, intelligent consumer solutions for networked homes. Bosch Smart Home simplifies home life by controlling routine tasks in the background. It offers greater comfort, security and energy efficiency. More information is available at… Continue reading Bosch strives to simplify the smart home of the future and is driving the Matter standard forward in cooperation with leading international tech companies