✓ Creation of the #7 global automotive supplier, with a highly advanced technologyportfolio addressing all industry megatrends✓ Combination of two highly complementary companies, sharing the same focus oninnovation, operational excellence, customer satisfaction and ESG✓ Hella’s identity, businesses and employees will play a major role within the combinedGroup, Lippstadt will be global headquarter for three out… Continue reading @Groupe PSA: PR COMBINING FAURECIA AND HELLA TO CREATE A GLOBAL LEADER IN FAST- GROWING AUTOMOTIVE TECHNOLOGIES, FULLY ALIGNED WITH INDUSTRY MEGATRENDS002381
Tag: Mobility
@BMW: BMW GROUP LAUNCHES THE RE:BMW CIRCULAR LAB.001392
Munich. The BMW Group is launching its new communication and experience platform “RE:BMW Circular Lab”. The RE:BMW Circular Lab is an invitation to accompany the BMW Group on its journey of transformation into a circular economy. The RE:BMW Circular Lab focuses on circular thinking and awareness of new, sustainable courses of action. The BMW Group… Continue reading @BMW: BMW GROUP LAUNCHES THE RE:BMW CIRCULAR LAB.001392
Ola Electric seeks up to $500m fundraise from Falcon Edge, Temasek, others
The new funding round may lift Ola Electric’s valuation to as much as US$3.5 billion, TechCrunch reported, citing sources. Go to Source
Ideanomics to buy EV fleet maker Via Motors in $450M all-stock deal
Ideanomics, a fintech and electric mobility firm based in New York, has added to its list of acquisitions: commercial electric vehicle manufacturer Via Motors (in an all-stock deal valued at $450 million). Ideanomics has been aggressively purchasing mobility businesses this year, as it seeks to build out vertically integrated offerings for fleet operators and transit… Continue reading Ideanomics to buy EV fleet maker Via Motors in $450M all-stock deal
The Station: Rivian makes its IPO move, Nuro pushes into Nevada and Waymo scales up in SF
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’m… Continue reading The Station: Rivian makes its IPO move, Nuro pushes into Nevada and Waymo scales up in SF
HAAS Alert raises $5M seed round to scale its automotive collision prevention system
HAAS Alert, a SaaS company that provides real-time automotive collision prevention for public safety and roadway fleets, has raised $5 million in seed funding that the company says it will use to scale sales and outreach efforts and prioritize R&D with vehicle-to-vehicle and vehicle-to-infrastructure (V2X) technology partnerships. The round was led by R^2 and Blu… Continue reading HAAS Alert raises $5M seed round to scale its automotive collision prevention system
Karma Automotive Announces “Powered By Karma” At Act Expo
Powered by Karma provides business to business (B2B) modular vehicle electrification solutions and services to outside customers. Using the company’s experience in vehicle engineering and manufacturing operations, the team creates and integrates new technologies and provides world-class flexible contract production services for customers in the mobility space. Powered by Karma also creates modular, commercial-grade electrification systems… Continue reading Karma Automotive Announces “Powered By Karma” At Act Expo
Electric robotaxis may not be the climate solution we were led to believe
For years, we’ve been told that electric autonomous taxis can help fight climate change by reducing air pollution. But new research from Harvard Law School suggests these supposedly “zero emissions” vehicles could actually exacerbate many of the problems we are facing today. A new study led by Ashley Nunes, a fellow at the Labor and… Continue reading Electric robotaxis may not be the climate solution we were led to believe
SoftBank-backed ride-sharing company Ola said to prepare for up to $1b India IPO
Indian ride-sharing giant Ola plans to raise up to $1 billion through an initial public offering (IPO) and is finalising banks to advise on the fund-raise, three sources told Reuters, becoming the latest startup to join the capital markets boom. Ola, backed by Japan’s SoftBank Group, has roped in Citigroup, two people with direct knowledge of the… Continue reading SoftBank-backed ride-sharing company Ola said to prepare for up to $1b India IPO
TRADE X Announces US$10 Million in Equity Funding to Continue Global Expansion
Additional US$10 million equity funding from other strategic investors in a subsequent close to Aimia’s US$35 million raise completes the company’s target funding size of US$45 million TORONTO, Aug. 30, 2021 /PRNewswire/ –Trade X Group of Companies Inc. (TRADE X), a global B2B automotive trading platform, today announced it has completed its financing round as… Continue reading TRADE X Announces US$10 Million in Equity Funding to Continue Global Expansion