Boeing and AE Industrial Partners Launch Second Venture Fund to Invest in Innovative Aerospace and Defense Startups

FARNBOROUGH, United Kingdom, July 20, 2022 /PRNewswire/ — Boeing [NYSE: BA] has committed a $50 million investment in AEI HorizonX, a partnership the company established with private equity firm AE Industrial Partners to invest in transformative aerospace technologies. The new funding will anchor AEI HorizonX’s second venture fund (Fund II), which plans to raise $250 million… Continue reading Boeing and AE Industrial Partners Launch Second Venture Fund to Invest in Innovative Aerospace and Defense Startups

India: E–scooter maker Ather says high costs pushing back profit timeline

Indian electric-scooter maker Ather Energy said a surge in raw material costs and supply chain disruptions were delaying the company’s path to profit despite high demand for its vehicles. “I was hoping to break even later this year itself. I would add a few quarters to that now,” its Chief Executive and co-founder Tarun Mehta told Reuters. Electric-vehicle manufacturers globally have seen a… Continue reading India: E–scooter maker Ather says high costs pushing back profit timeline

Delhi to get massive boost in EV charging network this year: Details explained

Charge Point Operators of India (CPOS) has approved Joulepoints’ proposal for setting up 5,000 EV chargers across Delhi by the end of this year as a part of a pilot project. Joulepoint will be working with Alektrify to install these charging points at 2,000 allotted locations for piloting under Ease of Doing Business (EoDB). The… Continue reading Delhi to get massive boost in EV charging network this year: Details explained

Caution & strict testing key to avert EV blazes: Experts

Pune: E-mobility experts advised caution and stricter testing of electric vehicle (EV) batteries on Tuesday, a day after seven e-bikes were gutted in a fire triggered by suspected battery overheating at a showroom on Kondhwa-Bibvewadi Road on Monday evening. Thermal runaway situations, which involve short-circuiting of battery cells leading to an uncontrollable generation of heat,… Continue reading Caution & strict testing key to avert EV blazes: Experts

Audio Interview: Navigating a Confluence of Global Challenges – Mobility in the Eye of the Storm

Ryan Robinson is the research leader supporting the global Automotive sector for Deloitte’s Consumer Industry Center at Deloitte LLP. His primary focus is creating engaging, actionable insights to deepen the conversation around key trends and issues occurring across the global automotive sector landscape. [embedded content] Follow and connect with us on Twitter, Facebook, Linkedin, Youtube… Continue reading Audio Interview: Navigating a Confluence of Global Challenges – Mobility in the Eye of the Storm

@VW Group: Tatjana Maria misses out on Wimbledon final despite impressive performance005425

Semifinal What a wonderful gesture by the victor as after the final point, Ons Jabeur took the defeated Tatjana Maria by the hand and returned onto Centre Court to receive the acclaim of the crowd together. “I love her,” said the Tunisian in the on-court interview. “She’s an inspiration for so many players, for me… Continue reading @VW Group: Tatjana Maria misses out on Wimbledon final despite impressive performance005425

[Mobility Inside] A Paradigm Shift in the Automotive Industry: Over-the-Air

July 20, 2022 [Mobility Inside] A Paradigm Shift in the Automotive Industry: Over-the-Air Open share list Share this content. How many times have you woken up in the morning to discover your smartphone has gone through an update? These updates sometimes completely change the features of your device, allowing for more comfortable and convenient use… Continue reading [Mobility Inside] A Paradigm Shift in the Automotive Industry: Over-the-Air

@Nissan: 2022/07/20 Nissan launches the all-new X-Trail in Japan Nissan today launched the a…000805

2022/07/20 YOKOHAMA, Japan – Nissan today launched the all-new X-Trail in Japan, with sales starting on July 25. All-new X-Trail G e-4ORCE Debuting in 2000, the X-Trail went on to become a bestselling SUV and is widely viewed as an iconic Nissan. Over the years, Nissan has continued to evolve the X-Trail. The latest incarnation… Continue reading @Nissan: 2022/07/20 Nissan launches the all-new X-Trail in Japan Nissan today launched the a…000805

Microsoft helps speed up work on AI for autonomous drones and flying taxis

If autonomous drones and flying taxis are going to thrive, they’ll need AI that can handle a wide range of conditions — and Microsoft thinks it can help build that AI. The company has unveiled a Project AirSim platform that helps manufacturers create, train and test the algorithms guiding autonomous aircraft. The Azure-based technology has… Continue reading Microsoft helps speed up work on AI for autonomous drones and flying taxis

German Handelsblatt: Car manufacturer: Traditional brand “Scout”: Scott Keogh heads the pick-up subsidiary of VW USA004764

Scott Keogh The regional head has been appointed CEO of “Scout”. (Photo: AP) Scott Keogh is to develop the newly founded Volkswagen subsidiary “Scout” in the USA and promote electromobility. The VW Group announced this on Tuesday evening. Keogh was previously regional head of VW North America. With the Scout brand, VW finally wants to… Continue reading German Handelsblatt: Car manufacturer: Traditional brand “Scout”: Scott Keogh heads the pick-up subsidiary of VW USA004764