On yet another eventful day for India’s Zomato, hedge fund Tiger Global cut its stake by almost half in the food delivery startup, less than two weeks after the lock-in period for pre-IPO investors ended. Tiger Global’s investment vehicle Internet Fund IV held a 5.11% stake in Zomato before the lock-in ended, which is now… Continue reading Tiger Global latest to trim stake in India’s Zomato after lock-in period expiresTiger Global’s stake has fallen from 5.11% to 2.77%.
Tag: Mobility
Bridgestone Collaborates with Microsoft to Accelerate Advanced Tire Analytics Integration Across Global Portfolio of Connected Tires and Mobility Solutions
Bridgestone will use Microsoft Azure to accelerate its digital transformation and enhance its portfolio of connected tires and mobility solutions worldwide. Bridgestone and Microsoft will collaborate to bring Bridgestone mobility solutions platforms to new mobility players, original equipment manufacturers and fleets. The collaboration will accelerate Bridgestone’s technical innovation in artificial intelligence and machine learning to… Continue reading Bridgestone Collaborates with Microsoft to Accelerate Advanced Tire Analytics Integration Across Global Portfolio of Connected Tires and Mobility Solutions
Chandigarh: Administration rejects 1 of 4 bids for 44 electric vehicle charging stations
CHANDIGARH: The department of science and technology of the UT administration has received four bids to install 44 electric vehicle (EV) charging stations in the first phase. One of the bids has been rejected during technical evaluation. The department will open the bids and allot the work to the suitable company out of the three.… Continue reading Chandigarh: Administration rejects 1 of 4 bids for 44 electric vehicle charging stations
German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004939
Wolf-Henning Scheider Der Vorstandsvorsitzende von ZF legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004939
@BMW: idealworks Extends Partner Network with Linde Material Handling002175
Munich. Cutting-edge improvements in technology, such as autonomous mobile robots (AMRs), have been and continue to be the driving force behind automation. Not least due to their flexible range of applications, AMRs have increasingly been taking over transport tasks in intralogistics. By collaborating with Linde Material Handling, idealworks is gaining an important international sales and… Continue reading @BMW: idealworks Extends Partner Network with Linde Material Handling002175
Forget those Tesla crashes: GM says you can trust its autonomous vehicles
General Motors is racing to electrify its vast lineup of vehicles in a concerted bid to outpace Tesla as the No. 1 seller of EVs in the world. But it’s also competing with Tesla on a whole other front: autonomous vehicles. On this front, GM feels like it has an edge. It’s hands-free advanced driver-assist… Continue reading Forget those Tesla crashes: GM says you can trust its autonomous vehicles
German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004937
Wolf-Henning Scheider Der Vorstandsvorsitzende von ZF legt die Zahlen vor. (Foto: picture alliance/dpa) Der zweitgrößte deutsche Automobilzulieferer ZF wächst trotz rückläufiger Produktionszahlen der Autohersteller. Im ersten Halbjahr legte der Umsatz des Stiftungskonzerns vom Bodensee um zehn Prozent auf 21,2 (2021: 19,3) Milliarden Euro zu. Nach Angaben des Managements sind weniger als die Hälfte des Umsatzanstiegs auf… Continue reading German Handelsblatt: Supplier: Record order for e-drives: Auto supplier ZF “more than compensates” for the loss of combustion engines004937
C2A Security and ThunderSoft Collaborate to Provide Cybersecurity Solutions for Chinese Automotive Industry
JERUSALEM, Aug. 4, 2022 /PRNewswire/ — C2A Security, a leading provider of Electric Vehicle focused cybersecurity solutions, and ThunderSoft, the world leading operating system products and technologies provider, announced today a collaboration to provide cybersecurity solutions for the automotive industry in China. The partnership will provide powerful cybersecurity products and solutions for OEMs and suppliers… Continue reading C2A Security and ThunderSoft Collaborate to Provide Cybersecurity Solutions for Chinese Automotive Industry
Tenneco Reports Second Quarter 2022 Results
Company reiterates intent to complete pending transaction with Apollo Funds in the second half of 2022 SKOKIE, Ill., Aug. 4, 2022 /PRNewswire/ — Tenneco (NYSE: TEN) today announced results for the second quarter ended June 30, 2022. Second Quarter 2022 results include: Second quarter total revenue of $4.7 billion, up 2% year-over-year. Value-add revenue of… Continue reading Tenneco Reports Second Quarter 2022 Results
Eve Holding, Inc. Reports Second Quarter 2022 Results
MELBOURNE, Aug. 4, 2022 /PRNewswire/ — Eve Holding, Inc. (“Eve”) (NYSE: EVEX and EVEXW) reports its second quarter 2022 earnings results. Eve ready for a new chapter Eve is a leading developer of next-generation Urban Air Mobility (UAM) solutions. Our goal is to create a comprehensive, practical and capital-efficient UAM solution that includes: Design and… Continue reading Eve Holding, Inc. Reports Second Quarter 2022 Results