Tag: Mobility

Lyft jumps as company marks best week for rides since the start of the pandemic (LYFT)

Mario Tama/Getty Images Lyft shares picked up more than 6% Wednesday following an upbeat February-trends update.  Rideshare volume toward the end of February had its best week since pandemic lockdowns began in March 2020.  Lyft forecast an adjusted EBITDA loss of $135 million, which is narrower than its previous loss projection of up to $150… Continue reading Lyft jumps as company marks best week for rides since the start of the pandemic (LYFT)

SPAC-mania is coming for self-driving startups in 2021, a top VC predicts

VC Reilly Brennan thinks SPAC sponsors have been looking to Tesla for ideas. After a wave of EV-related companies went public in 2020, automated-driving companies are next.  Brennan thinks firms making autonomous semi trucks will be first in line. Visit the Business section of Insider for more stories. Special-purpose acquisition companies (SPACs) exploded in 2020,… Continue reading SPAC-mania is coming for self-driving startups in 2021, a top VC predicts

China Tech Digest: SMIC Says Permit Will Ensure Production Expansion, TSMC To Begin Mass Production Of 3nm Chips In 2022

SMIC responds to the US supply permit: will do its best to ensure that production expansion is not affected In response to media reports that SMIC’s mature technology has obtained supply licenses from some American equipment manufacturers, SMIC replied on SSE e-interaction that the company will do its best to continue to work with partners… Continue reading China Tech Digest: SMIC Says Permit Will Ensure Production Expansion, TSMC To Begin Mass Production Of 3nm Chips In 2022

@FCA: Alfa Romeo CPOVs Just a Click Away

March 3, 2021 , Auburn Hills, Mich. – Alfa Romeo today announced the launch of its updated certified pre-owned vehicles (CPOV) website that allows prospective buyers to easily locate, research and purchase late-model certified pre-owned Alfa Romeo vehicles, all from the comfort of their home. The updated alfaromeousacertified.com website can now also be accessed via the… Continue reading @FCA: Alfa Romeo CPOVs Just a Click Away

Oye! Rickshaw launches battery swapping platform; to deploy 10K Li-ion batteries

Oye aims to tap the growing e-rickshaw market through its distributed battery swap network while delivering a broader socio-economic impact. New Delhi: The electric vehicle startup Oye! Rickshaw has launched its battery swapping platform and targets to deploy 10,000 Li-Ion batteries by December 2021. This announcement comes on the heels of a successful battery swapping… Continue reading Oye! Rickshaw launches battery swapping platform; to deploy 10K Li-ion batteries

Piaggio Vehicles opens EV Experience Center in Jaipur

Piaggio Vehicles, a subsidiary of the Italian Piaggio Group has inaugurated its EV Experience Center, Modi E-Mart Auto India in Jaipur, Rajasthan, which is also the first such facility by the company in the state. The experience centre was inaugurated by Pratap Singh Khachariyawas, Transport Minister, Rajasthan government, also [resent on the occasion were Vineet Joshi ,… Continue reading Piaggio Vehicles opens EV Experience Center in Jaipur

Volocopter Raises €200M in Series D Funding

Volocopter, a Bruchsal, Germany-based urban air mobility (UAM) company, raised a €200m Series D funding round. Backers included new investors funds managed by BlackRock, Atlantia S.p.A., Avala Capital, Continental AG, Jericho Capital, NTT via its venture capital arm, Tokyo Century, a Japanese leasing company, family offices, and existing investors Geely, Daimler, DB Schenker, Intel Capital, btov Partners,… Continue reading Volocopter Raises €200M in Series D Funding

@Daimler: Mercedes-Benz Digital Factory Campus Berlin: Driver for the digital transformation in production

Berlin-Marienfelde site to become competence center for the digitalization of the global Mercedes-Benz production network. Focus is set on the development and implementation of MO360, the digitalMercedes-Benz production ecosystem.  Berlin.  Mercedes-Benz is investing a double-digit million amount to transform its Berlin-Marienfelde plant in Germany into a campus for developing, testing and implementing pioneering software applications… Continue reading @Daimler: Mercedes-Benz Digital Factory Campus Berlin: Driver for the digital transformation in production