“With enthusiasm we welcome Karma Automotive to MIH Consortium,” said Jack Cheng, Chief Executive Officer of MIH Consortium. “Karma’s dedication, experience, and capabilities in manufacturing and engineering, aligns with our goal to assemble strategic partners to develop and define the next generation of EVs, autonomous driving, and mobility service applications. The foundation of MIH is… Continue reading KARMA AUTOMOTIVE JOINS THE MOBILITY IN HARMONY CONSORTIUM, EXPANDING THE ALLIANCE NETWORK THAT’S TRANSFORMING THE AUTOMOBILE INDUSTRY
Tag: Mobility
INRIX Expands its Support of The Eastern Transportation Coalition’s Traffic Data Marketplace
INRIX continues its support of Ten Coalition Member statewide agencies, and is the only provider of all six marketplace data categories KIRKLAND, Wash., July 13, 2022 /PRNewswire/ — INRIX Inc., a world leader in mobility analytics and connected car services, today announced it has been selected by The Eastern Transportation Coalition (TETC) as the only vendor to… Continue reading INRIX Expands its Support of The Eastern Transportation Coalition’s Traffic Data Marketplace
Autowise.ai raises $30m and 27 more deal updates from Greater China worth $692mThe funds will be used in the R&D and commercialisation of self-driving…
Autowise.ai, a Chinese developer of autonomous road sweepers, has secured 200 million yuan ($30 million) in a Series B2 round of financing to invest in the R&D and commercialisation of self-driving technology as the startup continues to expand overseas. The Shanghai-based startup raised the capital from Opple Capital and Shanshan Venture Capital, an investment arm… Continue reading Autowise.ai raises $30m and 27 more deal updates from Greater China worth $692mThe funds will be used in the R&D and commercialisation of self-driving…
KBR to Support $3.5B Next-Generation Spacesuit Development for Return to the Moon and Beyond
HOUSTON, July 13, 2022 /PRNewswire/ — KBR (NYSE: KBR) is pleased to announce it is a major partner to Axiom Space, which NASA selected as one of two companies eligible to support the development of NASA’s next-generation spacesuit and spacewalk systems through the Exploration Extravehicular Activity Services (xEVAS) contract. This comprehensive contract includes a full… Continue reading KBR to Support $3.5B Next-Generation Spacesuit Development for Return to the Moon and Beyond
Swvl’s Founders, SPAC Sponsor and Certain Pre-Business Combination Investors Voluntarily Extend Lock-Up Reinforcing Long-Term Commitment
NEW YORK, July 13, 2022 /PRNewswire/ — /PRNewswire/ — Swvl Holdings Corp (“Swvl” or the “Company”) (NASDAQ: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced that, on July 10, 2022, certain shareholders and directors and/or officers of the Company, including certain of its pre-business combination shareholders and key executives and Queen’s… Continue reading Swvl’s Founders, SPAC Sponsor and Certain Pre-Business Combination Investors Voluntarily Extend Lock-Up Reinforcing Long-Term Commitment
@niche: News Lordstown Motors Announces Executive Appointments002008
LORDSTOWN, Ohio, July 12, 2022 /PRNewswire/ — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or “LMC”), an original equipment manufacturer (OEM) of electric vehicles focused on the commercial fleet market, today announced several key executive appointments that further strengthen the company’s senior leadership team. Daniel A. Ninivaggi was elected to serve as Executive Chairman of the… Continue reading @niche: News Lordstown Motors Announces Executive Appointments002008
A robot pony maker backed by Chinese EV giant Xpeng raises $100M
China’s Tesla challenger Xpeng isn’t content with just making electric vehicles. It’s also betting on ridable robot unicorns for kids. Xpeng Robotics, a bionic robot maker affiliated with Xpeng, just raised an impressive $100 million in a Series A round led by IDG Capital, at a time when venture investments are slowing in China. Other… Continue reading A robot pony maker backed by Chinese EV giant Xpeng raises $100M
Chinese EV maker XPeng’s robotics arm bags over $100m in IDG-led Series AXPeng had raised $1.72b from an IPO on NYSE in August 2020.
XPeng Robotics, the smart robotics arm of Chinese electric vehicle (EV) maker XPeng, has entered into an agreement with a consortium of investors to raise over $100 million in its Series A funding round, the startup announced on Tuesday. The Series A round, which is led by IDG Capital with XPeng also participating, will enable… Continue reading Chinese EV maker XPeng’s robotics arm bags over $100m in IDG-led Series AXPeng had raised $1.72b from an IPO on NYSE in August 2020.
Cathay Innovation launches $1b third venture fund to deploy across multi-stages globally
Cathay Innovation, a venture capital fund affiliated with Cathay Capital, has launched its 1-billion-euro ($1 billion) third venture fund, according to a statement by the firm. Cathay Innovation Fund III has roped in several institutional investors as backers, including Sanofi, TotalEnergies, Valeo, BNP Paribas Cardif, Groupe SEB, Groupe ADP (Paris Aéroport) and others. This new… Continue reading Cathay Innovation launches $1b third venture fund to deploy across multi-stages globally
@VW Group: Porsche Talent Team’s Jule Niemeier into Wimbledon last 16005389
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: Porsche Talent Team’s Jule Niemeier into Wimbledon last 16005389