Motional Lyft is planning to deploy a massive driverless car fleet beginning in 2023. In anticipation of that milestone the company, which has partnered with self-driving car developer Motional, is updating its existing robotaxi service in Las Vegas with brand new all-electric models. The IONIQ-5 vehicles, developed by Motional atop a Hyundai platform, provide L4… Continue reading Lyft announces new battle plan in the autonomous vehicle race
Tag: Mobility
India: Stride Ventures hits final close of second debt fund at $200mThe fund — Stride Ventures India Fund II — reached its first close in August last …
Venture debt firm Stride Ventures, an investor in unicorns such as MyGlamm, Upstox, MensaBrands, and CredAvenue (now Yubi), on Wednesday announced that its second fund has secured a final close of $200 million. The fund — Stride Ventures India Fund II — secured its first close of Rs550 crore in August last year within two… Continue reading India: Stride Ventures hits final close of second debt fund at $200mThe fund — Stride Ventures India Fund II — reached its first close in August last …
Sona Comstar partners Israel’s Drive to accelerate high-tech innovation
India’s Sona Comstar has partnered with Drive TLV, an Israel-based innovation hub focused on smart mobility solutions. The partnership with DRIVE will give Sona Comstar access to Israel’s hi-tech mobility start-up ecosystem. With this move, Sona Comstar joins a select group of Drive TLV’s automotive partners, which includes Volvo Cars, Volvo Group, Honda Xcelerator and… Continue reading Sona Comstar partners Israel’s Drive to accelerate high-tech innovation
BMW walks the sustainability talk in packaging logistics
The BMW Group is pushing the envelope when it comes to sustainability. And the effort now includes several projects in its packaging logistics to further save resources. With these projects, the Group aims to work closely with suppliers to reduce carbon emissions and realise the principles of the circular economy as best it can. As… Continue reading BMW walks the sustainability talk in packaging logistics
LG Innotek’s Quality Control Gets Recognition from a Global Premium Vehicle Maker
LG Innotek has maintained Jaguar Land Rover Quality Certification for two years in a row. The company boasts quality competitiveness recognized by global car manufacturers. The company will make efforts to innovate customer experience through its next-generation automotive components. SEOUL, South Korea, Aug. 17, 2022 /PRNewswire/ — On Aug. 17, LG Innotek (CEO Cheol-Dong Jeong)… Continue reading LG Innotek’s Quality Control Gets Recognition from a Global Premium Vehicle Maker
Ola to expand Tamil Nadu future factory into EV hub
The expansions will require “multi billion dollar investments” though Aggarwal did not reveal the exact figures. CHENNAI: Ola Electric has announced mega plans to scale up its business with a foray into electric cars, introducing new e-two wheeler models and scaling up lithium ion cell manufacturing. The company has announced its target to introduce the… Continue reading Ola to expand Tamil Nadu future factory into EV hub
How EV Super App could help improve EV usage in India by a great deal
Earlier this month, the government announced that India would soon get a master app that would serve as a one-stop-shop solution for all electric vehicle-related details. The EV Super App is slated to be able to reduce range anxiety and hence help promote usage of EVs in the country. State-run Convergence Energy Services Limited (CESL)… Continue reading How EV Super App could help improve EV usage in India by a great deal
Five and Beyond: NIO Capital Marks Fifth Anniversary
SHANGHAI, Aug. 17, 2022 /PRNewswire/ — NIO Capital celebrated its “Five and Beyond” fifth anniversary in Suzhou on August 5. Continue Reading NIO Capital team At the gathering, William Li, Ian Zhu and Nathan Yu, the firm’s managing partners, shared their experience, insights, and NIO Capital’s achievements over the past five years. Carl Guan, Li Yao,… Continue reading Five and Beyond: NIO Capital Marks Fifth Anniversary
Okinawa Okhi-90 EV: High on range but needs more finesse
In today’s market reality of wallet-hurting petrol prices, going electric on two wheels is one salve for those who seek affordable mobility. Not surprisingly, since the past 18-odd months, electric two-wheeler sales in India are on the upswing – cumulative sales were 240,662 units in the first half of CY2022 itself, contributing 3.6 percent to… Continue reading Okinawa Okhi-90 EV: High on range but needs more finesse
Hero Electric partners AU Small Finance Bank for EV customer finance
Hero Electric, the largest electric two-wheeler OEM in India, has signed a partnership with AU Small Finance Bank, which has 953 touch-points across India, to provide easy finance solutions to customers. Hero Electric, which has its manufacturing plant in Ludhiana, currently has a 14-strong portfolio of e-scooters. The demand for electric two-wheelers is on the rise… Continue reading Hero Electric partners AU Small Finance Bank for EV customer finance