Veoneer to Engage in Discussions with Qualcomm

STOCKHOLM, Aug. 9, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), today announced that Veoneer’s board of directors has determined that Qualcomm’s proposal to acquire Veoneer (the “Qualcomm Proposal”) would reasonably be expected to result in a “Superior Proposal”, as defined under the terms of Veoneer’s merger agreement… Continue reading Veoneer to Engage in Discussions with Qualcomm

Autos & Transportation · August 8, 2021 · 11:52 PM UTCFrance’s Renault, China’s Geely to explore new hybrid-focused JV – sourcesFrance’s Renault SA (R…

BEIJING, Aug 9 (Reuters) – France’s Renault SA (RENA.PA) is looking to revive business in China by forming a hybrid vehicle joint venture with Geely Holding Group (GEELY.UL), sources said, a year after it ended its previous operation in the world’s largest car market. According to two people familiar with the discussions and documents seen… Continue reading Autos & Transportation · August 8, 2021 · 11:52 PM UTCFrance’s Renault, China’s Geely to explore new hybrid-focused JV – sourcesFrance’s Renault SA (R…

“A sad state of affairs”: VW Group CEO Herbert Diess calls out shortcomings of IONITY charging network

Taking a road trip in an EV is no longer a novelty, but it’s still an instructive (and hopefully, fun) thing to do, and the EV road trip story remains an online literary staple. It’s especially interesting when an exec at an automaker takes a trip in one of their company’s new EV models—and even… Continue reading “A sad state of affairs”: VW Group CEO Herbert Diess calls out shortcomings of IONITY charging network

Ride-hailing service Didi mulls giving up data control to appease China

Chinese ride-hailing firm Didi Global Inc is in talks with state-owned information security firm Westone to handle its data management and monitoring activities, sources said, as part of its efforts to placate domestic regulators. The largest Chinese ride-hailing group became the target of an investigation by regulators in the country just days after it raised… Continue reading Ride-hailing service Didi mulls giving up data control to appease China

Honda launches low-cost U-GO electric scooter

Honda may have dragged its feet for years when it came to electric two-wheelers, but the company has now released a number of new and interesting designs. The latest is the ultra-affordable Honda U-GO electric scooter. Honda launched the U-GO through its Chinese arm Wuyang-Honda as a follow-up to its other low-cost Chinese electric scooters… Continue reading Honda launches low-cost U-GO electric scooter

ChargePoint to acquire European EV technology provider has·to·be for €250 Million

ChargePoint (Nasdaq: CHPT) offers EV drivers access to hundreds of thousands of charging sites in North America and Europe, but the company is more than just a network operator—it’s involved in just about every link in the EVSE value chain. The next addition to ChargePoint’s empire will be the European e-mobility provider has·to·be, which ChargePoint… Continue reading ChargePoint to acquire European EV technology provider has·to·be for €250 Million

Zeelo Raises $12M in Funding

Zeelo, a London, UK-based smart commuter mobility platform for organizations, raised $12M in funding. The round was led by ETF Partners, with participation from InMotion Ventures and various angel investors including Neil Smith, Founder of Transit Systems. The company intends to use the funds to accelerate US, European and African expansion, as well as rolling out its technology platform as… Continue reading Zeelo Raises $12M in Funding

@niche: NewsyesterdayArrival co-developing its Automotive Open Data Platform with Microsoft001126

LONDON, UK, August 5, 2021 – Arrival, the technology company creating electric vehicles (EVs) using its unique technologies, today announced it will be co-developing its digital fleet and vehicle capabilities for the automotive industry with Microsoft. This cloud-based approach using Microsoft Azure will enable advanced uses of telemetry, vehicle and fleet data management across vehicle… Continue reading @niche: NewsyesterdayArrival co-developing its Automotive Open Data Platform with Microsoft001126

@Ford: Detroit Smart Parking Lab opens in September for real-world automated and EV charging testing

Ford, Bedrock, Bosch and State of Michigan create lab; Enterprise to conduct first lab project and American Center for Mobility to run daily operations Detroit Smart Parking Lab (DSPL) – hosted at Bedrock’s Assembly Garage – provides physical environment to simulate real-world scenarios for testing advanced technologies in parking, logistics and EV charging Michigan Economic Development… Continue reading @Ford: Detroit Smart Parking Lab opens in September for real-world automated and EV charging testing

Uber and Lyft say drivers are earning more than $35 an hour in some cities as the companies scramble to recruit them back

Uber and Lyft are recovering from the COVID-19 pandemic as they push to regrow their fleet of US drivers. Incentives and benefits programs, along with increased COVID safety measures, are fueling drivers’ return to the app.  The companies are citing higher hourly wages for their drivers, though they have oversold earnings to their drivers in… Continue reading Uber and Lyft say drivers are earning more than $35 an hour in some cities as the companies scramble to recruit them back