SoftBank Ventures Asia co-leads Series B funding in Chinese self-driving startup Neolix

Neolix Technologies, a Chinese autonomous vehicle startup for the logistics industry, has announced raising an undisclosed amount in its Series B funding round co-led by SoftBank Ventures Asia and CICC Capital. Existing shareholders Yunqi Capital and Glory Ventures also participated in the funding round that will finance the enhancement of Neolix’s range of services as… Continue reading SoftBank Ventures Asia co-leads Series B funding in Chinese self-driving startup Neolix

@Hyundai: Hyundai Motor Group Launches ‘EnableLA’ to Assist People with Mobility Barriers in Los Angeles

Kia Telluride and Hyundai Palisade SUVs modified to allow wheelchair access Group’s Universal Mobility Project aims to serve people with special mobility needs through smart mobility solutions Group working with World Economic Forum to examine guidelines for universal mobility Hyundai Motor Group announced today the launch of EnableLA, a new universal mobility service to assist… Continue reading @Hyundai: Hyundai Motor Group Launches ‘EnableLA’ to Assist People with Mobility Barriers in Los Angeles

Extra Crunch roundup: The Nuro EC-1, early-stage growth tactics, understanding Salesforce+

In 2010, Google’s autonomous vehicle project placed self-driving cars on Bay Area streets and freeways, but practical applications were thought to be at least a decade away. The futurists were right on schedule: In 2020, Mountain View-based Nuro was testing its second-generation R2 robotic vehicle, the first to earn a federal exemption to operate an… Continue reading Extra Crunch roundup: The Nuro EC-1, early-stage growth tactics, understanding Salesforce+

@Toyota: Training Autonomous Systems to Understand Human Behavior: Our Portfolio Company Perceptive Automata…

In this role, you will play a key part in helping the Perceptive Automata data platform team scale up critical infrastructure. As the storage, processing, and organization of data provides a crucial foundation for multiple teams, you will have the opportunity to make a significant impact. Responsibilities include designing and implementing improvements to the platform… Continue reading @Toyota: Training Autonomous Systems to Understand Human Behavior: Our Portfolio Company Perceptive Automata…

Perrone Robotics and Tropos Technologies Announce Partnership to Develop Fully Autonomous Electric Compact Utility Vehicles

The new vehicle platform will combine Perrone’s TONY® (short for “To Navigate You”) autonomous vehicle (AV) retrofit kit that embeds into any vehicle type for any job, with Tropos Motors’ (Tropos) innovative full line of all-electric, street-legal vehicles, including the Tropos Motors ABLE™ full line of durable, versatile and available eCUVs™ (electric Commercial Utility Vehicles). The… Continue reading Perrone Robotics and Tropos Technologies Announce Partnership to Develop Fully Autonomous Electric Compact Utility Vehicles

GoEgoNetwork raises USD 2 million in seed funding

Commenting on the investment in the EV charging startup, Bagla said EVs are not just about disrupting the ICE (internal combustion engine) automobile industry but are part of the larger disruption in energy and transportation, which are witnessing a considerable shift towards green technology solutions. New Delhi: Electric vehicle charging solutions startup goEgoNetwork on Tuesday… Continue reading GoEgoNetwork raises USD 2 million in seed funding

@Groupe PSA: PR From the PEUGEOT 905 to the PEUGEOT 9X8 : 30 years of outstanding innovation and performance002302

From the 1991 PEUGEOT 905 to the 2021 PEUGEOT 9X8: 30 years of outstanding innovation and performance. For more than 210 years, PEUGEOT has been moving in step with the times and has been anticipating changes in behaviour and paving the way for new mobility solutions. As the ultimate technological testing ground, motorsport gives PEUGEOT… Continue reading @Groupe PSA: PR From the PEUGEOT 905 to the PEUGEOT 9X8 : 30 years of outstanding innovation and performance002302

Tesla faces US safety investigation over Autopilot crashes

PALO ALTO, U.S. — A U.S. regulator is launching a formal investigation into 11 incidents where Tesla crashed into emergency vehicles when using Autopilot or other driver-assistance features. The probe adds to the pressure on Tesla after a series of safety investigations in China this year and as regulators around the world grow increasingly concerned about nascent… Continue reading Tesla faces US safety investigation over Autopilot crashes

Faurecia Soars as $8 Billion Deal Reduces Engine Exposure

(Bloomberg) — Faurecia SE surged after the French auto supplier agreed to take over Hella GmbH, boosting its standing with German automakers and rendering the company less reliant on fading internal combustion engines. The deal reached over the weekend values Hella at 6.8 billion euros ($8 billion) and will form the world’s seventh-largest car-parts maker.… Continue reading Faurecia Soars as $8 Billion Deal Reduces Engine Exposure

Goodyear’s (GT) Venture Arm Expands Portfolio, Invests in AmpUp

The Goodyear Tire & Rubber Company GT recently announced that its venture capital arm — Goodyear Ventures — has invested in AmpUp, a leader in electric vehicle (EV) charging. Headquartered in Cupertino, CA, AmpUp’s solutions serve thousands of EV drivers and charge station owners across North America and abroad. The company supports green transportation options… Continue reading Goodyear’s (GT) Venture Arm Expands Portfolio, Invests in AmpUp