New business with multiple global automakers starts in 2022Technology allows drivers to see surroundings all around the vehicleEnables safer, more convenient driving and parkingAURORA, Ontario, Feb. 25, 2021 (GLOBE NEWSWIRE) — Global automakers will soon be able to offer 3D surround-view systems in more vehicles, thanks to Magna’s new surround view cameras and electronic control… Continue reading Magna to Deliver 3D Surround View With Next-Gen Cameras and Electronic Control Units
Tag: Mobility
Singapore Digest: GetGo launches carsharing fleet, Her Capital invests in Neufast
GetGo, a Singapore-based carsharing platform, has launched its services in the country while Her Capital has announced its first investment in Hong Kong-based human resource (HR) tech startup Neufast. GetGo to roll out 400 vehicles in Singapore GetGo, a Singapore-based carsharing platform, announced its launch on Thursday and said it will be rolling out 400… Continue reading Singapore Digest: GetGo launches carsharing fleet, Her Capital invests in Neufast
German Electric Vehicle (EV) manufacturer, e.GO Mobile, successfully closes Series B funding round
The round attracted renowned international investors from all around the globe, including Moore Strategic Ventures (MSV), the privately held investment company for Louis M. Bacon, founder & CEO of Moore Capital Management, LP; John Snow, Previous U.S. Secretary of Treasury; Alejandro Agag, the founder and Chairman of Formula E and a pioneer in EV racing… Continue reading German Electric Vehicle (EV) manufacturer, e.GO Mobile, successfully closes Series B funding round
Omega Seiki Mobility plans to invest Rs 100 crore for EV manufacturing plant in Bangladesh
Delhi-NCR-based Omega Seiki, an electric vehicle manufacturing company has announced that it will set up an electric vehicle manufacturing facility near Dhaka in Bangladesh, with an investment of Rs 100 crore. This the company says will be the first project of any Indian EV company in international markets. The new entity will be called OSM-Bangladesh… Continue reading Omega Seiki Mobility plans to invest Rs 100 crore for EV manufacturing plant in Bangladesh
Sources: SoftBank-backed ride-hailer Didi Chuxing to expand into Europe
It plans to debut in the UK, France, and Germany within the first half of 2021, and is said to be already hiring locally in the European market. Go to Source
Uber stock slips as Chinese rival reportedly plans to enter the Western European market (UBER)
Nisian Hughes/Getty Images Uber shares fell Wednesday with a report that rival Didi is preparing to operate in Europe. Didi is considering ride-hailing services in the UK, France and Germany, The Wall Street Journal reported. Didi is making expansion plans ahead of a possible IPO for the Beijing-based company. Visit the Business section of Insider… Continue reading Uber stock slips as Chinese rival reportedly plans to enter the Western European market (UBER)
Tesla prepares cloud-based driver profile ahead of ‘Tesla Network’ ride-hailing app launch
Tesla is preparing to move all driver data and settings into the cloud ahead of the launch of its “Tesla Network” ride-hailing app launch. Driver profiles exist in Tesla vehicles and are linked to keys (or phones through the Tesla app) in order to automatically have your seat, mirror, music settings, etc. set in your… Continue reading Tesla prepares cloud-based driver profile ahead of ‘Tesla Network’ ride-hailing app launch
@VW Group: Oliver Hoffmann named new Member of the Board for Technical Development002476
Oliver Hoffmann will head Audi’s Technical Development. At its meeting today, the Supervisory Board appointed the division’s current Chief Operating Officer to the Board of Management of AUDI AG, effective March 1, 2021. CEO Markus Duesmann has been realigning Technical Development, fulfilling two roles since mid-June 2020 and placing a particular focus on process quality.… Continue reading @VW Group: Oliver Hoffmann named new Member of the Board for Technical Development002476
@Toyota: Toyota Tsusho Invests in ATP30 Which Operates Commuter Bus Services in Thailand- Promoting the adoption of smart mobility in the commuter bus market –
Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it has invested 64,350,000 THB in ATP30 Public Company Limited (“ATP30”)–which operates commuter bus services for Thailand’s industrial estates–through Toyota Tsusho Thai Holdings Co., Ltd. (“TTTH”) by receiving allocated third-party shares, acquiring a share of 9.526% in ATP30. Go to Source
Air taxi startup Joby to go public in $6.6 billion blank-check deal
Joby is the first aerial vehicle startup to go public via the SPAC route. By Paul Lienert and Anirban Sen Joby Aviation, the 12-year-old electric air taxi startup partnered with Toyota Motor Corp and Uber Technologies, will go public in a $6.6 billion reverse merger with blank check company Reinvent Technology Partners, the firms said… Continue reading Air taxi startup Joby to go public in $6.6 billion blank-check deal