The logo for electric vehicle startup Rivian is seen on the hood of its new R1T all-electric truck in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo Sept 15 (Reuters) – Rivian, the Amazon.com Inc (AMZN.O)-backed electric vehicle maker that registered last month for a stock market debut, is aiming to raise between… Continue reading Autos & TransportationRivian aims to raise as much as $8 bln in IPO -sourcesSeptember 15, 2021
Tag: Mobility
Bridgestone to roll out up to 3,500 EVBox public chargers in Europe
Tire manufacturer and retailer Bridgestone has formed a long-term partnership with the EVBox Group to deploy up to 3,500 EVBox AC and DC charging ports, powered by EVBox charging management software. The installations will take place across Bridgestone’s European retail and service network, which includes brands such as Speedy and First Stop. Bridgestone’s retail network… Continue reading Bridgestone to roll out up to 3,500 EVBox public chargers in Europe
Ford, Walmart and Argo AI team up to launch autonomous vehicle delivery service
The autonomous vehicle delivery service will be available in Miami, Austin, and Washington, D.C. Self-driving startup Argo AI, automaker Ford Motor Co and Walmart Inc will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday. Initial integration testing is expected to begin later this year, the… Continue reading Ford, Walmart and Argo AI team up to launch autonomous vehicle delivery service
Bridgestone Makes Strategic Investment in Wrench Mobile Vehicle Services and Technology Company
The partnership paves the way for Bridgestone and Seattle-based Wrench to explore synergies in their service offerings, including pairing Bridgestone’s 2,200+ company-owned automotive service stores with Wrench’s complementary mobile services marketplace. Offerings currently available through the Wrench platform include on-site automotive maintenance, access to roadside and towing, vehicle detailing, and the Lemon Squad used-vehicle inspection… Continue reading Bridgestone Makes Strategic Investment in Wrench Mobile Vehicle Services and Technology Company
Ford fallout: new buyers queue up for discounted models, others feel let down
The bad news is that Ford will stop producing cars in India. The good news is that this has galvanised new customers into queuing up at its dealerships. In Chennai, which is home to Ford’s factory, dealers have been seeing a surge in footfalls over the last few days — more precisely, since the time… Continue reading Ford fallout: new buyers queue up for discounted models, others feel let down
@VW Group: Battery cells are the combustion chamber of the future003830
07/09/2021 Porsche is taking on responsibility for future generations. As early as 2030, more than 80 per cent of the sports car manufacturer’s vehicles are to be offered with an electric motor. Sustainability is firmly anchored in the company’s strategy as a basic principle: “As a car manufacturer, Porsche aims to achieve a carbon-neutral balance… Continue reading @VW Group: Battery cells are the combustion chamber of the future003830
Canvas Raises $50M in Series C; Valued At $400M
Canvas, a San Francisco, CA-based diversity recruitment platform, raised $50m in Series C funding, bringing its valuation to $400m. The round was led by Owl Ventures, with participation from Sequoia, Lachy Groom, Zoom Apps Fund, HighSage Ventures, BAM Elevate and Fifth Down Capital. The company intends to use the funds to: expand its product into other… Continue reading Canvas Raises $50M in Series C; Valued At $400M
Lightning eMotors to sell ABB fast chargers under its Lightning Energy fleet charging brand
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
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