By Reuters Staff 2 Min Read FILE PHOTO: A Volkswagen logo is pictured in a production line at the Volkswagen plant in Wolfsburg, Germany March 1, 2019. Picture taken March 1, 2019. REUTERS/Fabian Bimmer/File Photo HAMBURG (Reuters) – Volkswagen is conducting a feasibility study in China about flying cars, Europe’s biggest automaker said on Tuesday,… Continue reading Volkswagen explores flying cars in China
Tag: Mobility
Cruiser Motorbikes to Stimulate Revenue Pools, Technological Innovations at the Core of Key Manufacturers: Fact.MR
NEW YORK, Feb. 9, 2021 /PRNewswire/ — Fact.MR’s recently published report on the global motorcycle market forecasts an optimistic outlook for 2021 compared to 2020. Despite a pandemic-induced recession, the market has rebounded well since the fourth quarter, and is likely to remain stable throughout the current year. Projections for the forthcoming decade are pegged at… Continue reading Cruiser Motorbikes to Stimulate Revenue Pools, Technological Innovations at the Core of Key Manufacturers: Fact.MR
Continental Named One of America’s Best Large Employers by Forbes Magazine
Continental’s inclusion on the list places it in top five percent of employers in U.S. America’s Best Large Employers is a benchmark that ranks companies on employee experience, including career mobility and culture Company’s response to pandemic prioritizes employee health, work flexibility AUBURN HILLS, Mich., Feb. 9, 2021 – Technology company Continental has been named… Continue reading Continental Named One of America’s Best Large Employers by Forbes Magazine
Chinese AI chip designer Horizon Robotics raises $350m in Series C3 round
Horizon Robotics, a Beijing-headquartered AI chip designer, has gathered an aggregate of $350 million in its Series C3 round of financing, the investee announced on Tuesday. The Series C3 tranche brings the total corpus raised by Horizon in its Series C round to $900 million, nearly $200 higher than its initial target proposed in December… Continue reading Chinese AI chip designer Horizon Robotics raises $350m in Series C3 round
Valmet Automotive increases jobs in Germany for electric vehicle battery engineering
Valmet Automotive, one of the world’s leading contract manufacturers for passenger cars and Tier 1 system supplier for battery systems for electric powered vehicles, is expanding its engineering activities for e-mobility and creating new positions for engineers, technicians and various support functions in Germany. Valmet Automotive has become a leading company in the development and production… Continue reading Valmet Automotive increases jobs in Germany for electric vehicle battery engineering
Bridgestone Select+ concept store to offer digital tyre buying and service experience
Leading tyre manufacturer Bridgestone India has launched its first concept store offering educative tyre buying and service experience called the ‘Bridgestone Select+’ in India. The new retail outlets offer an interactive experience to consumers, where they can avail tyres and tyre related services. The Bridgestone Select+ stores feature digital-led experience in choosing tyres, understanding various… Continue reading Bridgestone Select+ concept store to offer digital tyre buying and service experience
Asia Digest: Autocrypt raises $13m Series A; MBK Partners offer for Tsukui stake
South Korea-based autonomous driving security solutions provider Autocrypt has raised nearly $13 million in a Series A funding round while private equity firm MBK Partners has made an offer to acquire Tsukui Holdings Corporation. Autocrypt raises $13m Series A South Korea-based autonomous driving security solutions provider Autocrypt has raised nearly $13 million in a Series… Continue reading Asia Digest: Autocrypt raises $13m Series A; MBK Partners offer for Tsukui stake
Kia revises future business plan, targets 2.92m global sales in 2021
Ho Sung Song, President and CEO of Kia Corporation, revealed the ambitious update to the carmaker’s mid- to long-term roadmap today. Kia has announced an update to its ‘Plan S’ strategy for its future business at the 2021 CEO Investor Day, held digitally today in Seoul. The ambitious update to its mid- to long-term roadmap… Continue reading Kia revises future business plan, targets 2.92m global sales in 2021
Uber Sells Its Robocar Unit
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A former NEA partner and a former Uber exec just closed their $140 million debut VC fund
Dayna Grayson and Rachel Holt seemingly didn’t have the best timing. It was late in 2019 when the two, who met six years ago in Washington through a mutual acquaintance, decided to act on earlier conversations and start a fund together called Construct Capital. At the time, Grayson spied an opportunity to create a new… Continue reading A former NEA partner and a former Uber exec just closed their $140 million debut VC fund