We are excited to announce our investment in WeTrip, the group travel platform that makes planning adventures and experiences easier. Our seed stage funding will support WeTrip in its global ambition to become the go-to digital platform for booking personalised group experience holidays. In November 2016, the company raised $1m funding to launch WeSki, a… Continue reading InMotion backs WeTrip – the adventure travel platform
Tag: Mobility
Deputy Raises $81M in Series B Funding Round
Deputy, an Australian provider of a workforce management software platform, closed an $81m Series B funding. The round, which brought total funding raised to date to $106m, was led by IVP, with participation from OpenView, Square Peg Capital and EVP. The company intends to use the funds to accelerate growth, develop new products and build… Continue reading Deputy Raises $81M in Series B Funding Round
Phiar raises $3 million for an AR navigation app for drivers
Augmented reality is a very buzzy space, but the fundamental technologies underpinning it are pushing boundaries across a lot of other verticals. Tech like machine learning, object recognition and visual mapping tech are the pillars of plenty of new ventures, enabling there to be companies that thrive in the overlap. Phiar (pronounced fire) is building… Continue reading Phiar raises $3 million for an AR navigation app for drivers
Works meeting in Wolfsburg: praise for team’s achievements and look ahead to electric strategy
Kilian: Wolfsburg’s course for the future is set Osterloh: Wolfsburg is enabling the transformation Realignment of the Volkswagen brand is speeding up At today’s works meeting held at the Wolfsburg plant, Board Member for Human Resources Gunnar Kilian and Works Council Chairman Bernd Osterloh commended the achievements of plant employees as well as the entire… Continue reading Works meeting in Wolfsburg: praise for team’s achievements and look ahead to electric strategy
“Open Source Lab” sets course for the mobility of the future
Yesterday, the “Open Source Lab for Sustainable Mobility” has started dialogue as a platform for sustainable mobility in Berlin. It is funded by the Volkswagen Group Sustainability Council, is independent in its research agenda and is obliged to publish all research results and other results. “Our idea on the Sustainability Council was to create an… Continue reading “Open Source Lab” sets course for the mobility of the future
Uber’s plan to buy UK delivery giant Deliveroo has stalled, with the 2 sides said to be ‘miles apart’ on valuation
Uber’s plan to acquire or invest in the hugely popular UK food delivery startup Deliveroo has hit a snag. The Financial Times reported on Wednesday that the two companies are “miles apart” on Deliveroo’s valuation after months of talks. People briefed on the discussions said a recent offer from Uber valued Deliveroo at less than… Continue reading Uber’s plan to buy UK delivery giant Deliveroo has stalled, with the 2 sides said to be ‘miles apart’ on valuation
China’s Didi adds driver training program to counter sharp decline in rides
Didi Chuxing, China’s largest ride-hailing company by number of users, has been struggling to recover from a major setback following the deaths of two passengers earlier this year. On Wednesday, its founder and CEO Cheng Wei released a letter detailing the company’s moves to step up safety oversight and meet new government rules, including a training… Continue reading China’s Didi adds driver training program to counter sharp decline in rides
Top Automotive Industry News for Week of November 5 – November 11, 2018
Here is the most important news associated with the automotive industry
identified by the AEA for the week of November 5, 2018 -November 11, 2018.
We hope it helps you stay up to speed on the key developments in our
industry:
-Automotive Manufacturing News-
First ex-UAW official sentenced in FCA-related scandal; gets 1 year
(Detroit Free Press)
Ford plans construction on Michigan Central Depot by year's end
(Detroit Free Press)
Former Tesla employee charged with embezzling $9.3 million from Elon
Musk's company
(MarketWatch)
Is Toyota Next to Pare Back its Passenger Car Line?
(The Detroit Bureau)
Tesla picks an insider to be chairwoman, fueling doubt Elon Musk will
be reined in
(LA Times)
The gas engine still has a long life to live, Aston Martin CEO says
(CNBC)
VW planning $21K EV to challenge Tesla
(The Detroit News)
VW takes another shot at compact pickup market
(The Detroit News)
White House, California to discuss vehicle emissions rules next week
(autoblog)
Why GM is moving 3,000 workers from Pontiac to Warren
(Detroit Free Press)
-Automotive Evolution News-
8 concept cars that show how technology will dominate the drive of the
future
(CNBC)
Autonomous Cars Face Big Hurdles; They Will Succeed, But When?
(Forbes)
Daimler And Bosch Choose San Jose For Their Silicon Valley Robo-Taxi
Service
(Forbes)
GM's future lineup will run on electricity, drive itself — and fly
(Detroit Free Press)
Mercedes-Benz, Bosch to offer self-driving car rides in San Jose,
California
(USA Today)
Tesla Drivers Report Autopilot Disengaging While Driving Due To
Software Bug
(Forbes)
This Robot Truck Startup May Have An Edge Over Waymo In Bad-Weather
Driving
(Forbes)
Uber rival Taxify says it can grow 100 times bigger in the scooter and
ride-hailing market
(CNBC)
Uber ups its driver perks with 'Pro' program, including free college
education
(USA Today)
-Automotive Retail News-
Better inventory listings, lead management anchor more sales
(Auto Remarketing)
CarGurus Helps Dealerships Solve for Attribution with More Insight
(PR Newswire)
Dealertrack Looks to Speed Car Buying Process
(Auto Finance News)
Jumpstart: Car Buyers Want to Negotiate
(Auto Dealer Monthly)
Lithia and Shift to operate separately and share technology
(Auto Remarketing)
Luxury car owners trade up for American pickups as Ford, GM and Ram
trucks dominate market
(CNBC)
Millennials Spending Big on Cars — With Auto Loans to Match
(The Detroit Bureau)
Used car payments hit record $400 per month as prices top $20,000
(USA Today)
Used-Car Prices Reach 13-Year High in Third Quarter
(Vehicle Remarketing)
Used Vehicle Prices Rising, Pushing Buyers to Look at Leasing
(The Detroit Bureau)
-Automotive Wholesale News-
Compact Van Values Dip at Start of November
(Vehicle Remarketing)
-Automotive Ownership News-
Where your car is most likely to be stolen in every state
(USA Today)
-Automotive Enthusiast News-
Inside the World's Most Valuable Hot Wheels Collection
(Car and Driver)
With millions at stake, car collectors scour Earth for lost classics
(Detroit Free Press)
-Automotive Servicing News-
Mazda to recall 640,000 vehicles globally over diesel engine issue
(Reuters)
Subaru recalls nearly 400K vehicles to fix stalling problems
(Detroit Free Press)
U.S. agency probes 1.7 million GM SUVs over wiper failures
(Reuters)
-General Business & Executive News-
CDK Global Names Brian Krzanich President and Chief Executive Officer
(CDK)
Ford buys electric scooter startup Spin, joining competitors Bird and
Lime
(USA Today)
Harley-Davidson's electric motorcycle signals a big change for the
legendary, but troubled, company
(CNBC)
Tesla’s Booming Model 3 Sales and More This Week In The Future Of Cars
(Wired)
Time Dealer Of The Year
(Automotive News)
VW Considers Investing in Ford-Backed Autonomous Unit Argo
(Bloomberg)
-AEA Reminder-
Did we miss something? Let us know via our
Contact Us Page >>
. If you have specific important news going public soon that you would like
to share with your fellow AEA Members, submit your
PR Distribution Request >>
Have a great week,
Member Services
memberservices@automotiveexecutives.com
Automotive Executives Association
www.automotiveexecutives.com
Communauto is enthousiast about the City of Montréal’s position shift concerning free-floating carsharing vehicles
Montréal, March 15th 2018 – Communauto, the largest free-floating carsharing operator in Greater Montréal, salutes the City of Montréal’s new position on free-floating carsharing vehicles.
“Demands for free-floating vehicles are far from being met. Also, the potential is great compared to other Canadian cities. The City’s new policy will allow us to overcome the barriers that have slowed us down in the past. It will also contribute to significantly reduce the circulation of cars and their emissions.” says Mr. Benoît Robert, CEO of Communauto.
The new administration’s initiatives : a positive response to Communauto’s demands:
Enlarging the free-floating service area to include the boroughs of Ahuntsic-Cartierville and Ville-Marie. Note that the free-floating service is already available in Verdun and Outremont. As a result, the City’s new policy will allow us to improve the service coverage in those boroughs ;
Eliminating the cap on the number of permits for hybrid free-floating vehicles and simplifying procedures to obtain them ;
The introduction of incentives for the electrification of the fleet of vehicles, starting by a lower price for the vignettes emitted for those particular vehicles. Communauto already has Canada’s largest carsharing fleet of electric vehicles (120 EV). Most of them are part of its free-floating service.
A positive alternative
“Apprehensions were brought up in the past about the free-floating carsharing service being detrimental to the cab industry, and eventually cannibalizing public transit. After several years of service, it seems obvious to us that there are more opportunities than risks in developing mobility alternatives to the private ownership of cars. Communauto is strongly committed to strengthening the relationship between the actors within this ecosystem”. adds M. Robert.
– 30 –
About Communauto
Communauto is the largest carsharing service in Québec. Founded in 1994, the company with an environmental, social and urbanistic mission has a fleet of over 2000 vehicles in 8 cities: Kingston, Ottawa, Gatineau, Montréal (Laval and Longueuil), Québec, Sherbrooke, Halifax and Paris (France).
In Montréal, Communauto offers to its users a station-bound service with reservation of over 1000 vehicles and a free-floating service, Auto-mobile, that counts 600 vehicles.
Communauto is also the largest operator of shared electric vehicles in Canada. Over the years, it also developed several partnerships with public transportation operators, urban and long distance, taxi companies and bike sharing.
For more information:
Marco Viviani, vice-président
Développement stratégique 1 514 499-2804
mviviani@communauto.ca
AEye Advisory Board Profile: Willie Gault
We sat down with each of our Advisory Board Members to ask them why they’re excited about working with AEye…
Willie Gault is a former NFL wide receiver and Olympic athlete. Gault was an All-American at the University of Tennessee from 1979 to 1982. He played in the National Football League for 11 seasons for the Chicago Bears and Los Angeles Raiders. Considered one of the fastest NFL players of all-time, Gault was a member of the Chicago Bears team that won Super Bowl XX, and was also a participant of both the summer and winter U.S. Olympic teams. Gault is currently an investor, remains active, and holds several world records in masters track and field.
Q: What in your past experience ultimately drew you to the autonomous vehicle arena?
As a professional athlete, I have always been fascinated and amazed by human perception and the role it plays in athletic performance. The brain’s ability to sense the details in the world around you and then accurately calculate where your body needs to be in space and time is remarkable. I have been curious about how these capabilities might be replicated with technology and artificial intelligence. Recently, I have been tracking the application of artificial intelligence in autonomous vehicles which led me to AEye.
Q: Why AEye?
What AEye is doing aligns with my interests in biomimicry, which uses knowledge of natural processes found in humans, plants, and animals to better inform technology and design. After I found out AEye was pursuing research in this field, I knew I had to be part of it.
Q: Where do you see ADAS solutions, autonomous vehicles, and/or artificial perception, heading within the next few years? The next decade? Beyond? How do you see AEye playing a pivotal role in this vision?
I live in Southern California where traffic has a major impact on quality of life. Autonomous vehicles will not only improve safety and efficiency on the roads, but will greatly improve quality of life around the world. I would like to see this technology adopted quickly and widely. However, one of the barriers to its adoption is cost. I believe that AEye’s iDAR system can be manufactured at tremendous scale, efficiently, and at a price point that encourages rapid adoption.
ALL PROFILES
Advisory Board Profile: Elliot Garbus — The Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye Introduces Groundbreaking iDAR TechnologyThe Future of Autonomous Vehicles: Part II – Blind Technology without Compassion Is RuthlessCB Insights Unveils Second Annual AI 100 Companies at A-ha!Observe, Orient, Decide, Act: How AEye’s iDAR System Adopts Principles of the OODA Loop to Achieve Intelligent, Long-Range DetectionAEye Announces the AE100 Robotic Perception System for Autonomous VehiclesAEye Announces Addition of Aravind Ratnam as Vice President of Product ManagementAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™Nate Ramanathan Joins AEye as Vice President of OperationsElon Musk Is Right: LiDAR Is a Crutch (Sort of.)