Cairo and Dubai-based ride-sharing company Swvl plans to go public in a merger with special purpose acquisition company Queen’s Gambit Growth Capital, Swvl said Tuesday. The deal will see Swvl valued at roughly $1.5 billion. Swvl was founded by Mostafa Kandil, Mahmoud Nouh and Ahmed Sabbah in 2017. The trio started the company as a… Continue reading Egyptian ride-sharing company Swvl plans to go public in a $1.5B SPAC merger
Tag: Mobility
@VW Group: Porsche SE invests in rocket technology start-up Isar Aerospace003567
Stuttgart, 28 July 2021. Porsche Automobil Holding SE (“Porsche SE”), Stuttgart, acquires a low single-digit percentage stake in Isar Aerospace Technologies GmbH (“Isar Aerospace”), Ottobrunn, Munich. The company develops and manufactures launch vehicles for the transport of satellites. The investment was part of a new financing round of Isar Aerospace. Lutz Meschke member of the board… Continue reading @VW Group: Porsche SE invests in rocket technology start-up Isar Aerospace003567
@VW Group: Consortium of Volkswagen Group, Attestor Limited and Pon Holdings B.V. to launch takeover offer for Europcar003567
The Volkswagen Group is taking a major step forward in its NEW AUTO strategy to become a leading provider of individual mobility in the electric and fully connected age. In a consortium with London-based asset manager Attestor Limited and Dutch mobility provider Pon Holdings B.V., Volkswagen agreed to launch a recommended takeover offer for Europcar… Continue reading @VW Group: Consortium of Volkswagen Group, Attestor Limited and Pon Holdings B.V. to launch takeover offer for Europcar003567
Lesjöfors acquires Alcomex, a leading European door and industrial springs manufacturer
Wed, Jul 28, 2021 18:52 CET Lesjöfors has today acquired 88 percent of the shares in the Alcomex Group. With the transaction, Lesjöfors gains access to new geographies and a new product area, in line with its ambition to build the leading spring, wire and flat strip component group. Alcomex is a Dutch manufacturer of… Continue reading Lesjöfors acquires Alcomex, a leading European door and industrial springs manufacturer
ALYI CEO Heads To Nairobi To Prepare For EV Media Blitz As EV Industrywide Sales Growth Outpaces Traditional Car Sales Atracting 100s Of Billions In New Investments
DALLAS, July 28, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today announced the electric motorcycle pilot report scheduled for release tomorrow, Thursday, July 29th, 2021, will be just the beginning of a communication campaign intended to highlight ALYI’s comprehensive electric motorcycle pilot recently launched in Kenya. ALYI confirms tomorrow’s report is on track… Continue reading ALYI CEO Heads To Nairobi To Prepare For EV Media Blitz As EV Industrywide Sales Growth Outpaces Traditional Car Sales Atracting 100s Of Billions In New Investments
@Ford: A New Frontier: How Ford Is Engaging Silicon Valley Startups to Transform Transportation
By Dragos Maciuca, Greenfield Labs Technical Director, Ford Motor Company Ford employees working at Greenfield Labs in Palo Alto, California. Ford Motor Company was one of the first tech startups 118 years ago to put the world on wheels. Today, we are seeking out like-minded innovators as Ford once again looks to transform the way… Continue reading @Ford: A New Frontier: How Ford Is Engaging Silicon Valley Startups to Transform Transportation
@Hyundai: Electrifying Display Heralds Kia’s New Brand Identity, Movement that Inspires, With One-of-a-Kind Concert
TORONTO, July 28, 2021 (GLOBE NEWSWIRE) — Last night, an exclusive gathering of Canadians, plus thousands watching at home, witnessed #KiaElectricSound, as Kia Canada electrified concert goers with a surprising, live performance by Canadian award-winning artist, Fefe Dobson. Her bandmate, Ryan Chalmers’ electric guitar was entirely powered by the EV6 – Kia’s all-new EV built… Continue reading @Hyundai: Electrifying Display Heralds Kia’s New Brand Identity, Movement that Inspires, With One-of-a-Kind Concert
Marelli and SMRP BV (Motherson Group) sign a technological partnership for Smart Illuminated exterior parts of vehicles
In the frame of the agreement, SMRP BV will contribute its strong expertise in the production of big plastic automotive parts through its operating subsidiaries, while Marelli Automotive Lighting will bring its extensive know-how in the field of automotive lighting and sensors integration to the collaboration respectively. The collaboration will be aimed at OEMs globally… Continue reading Marelli and SMRP BV (Motherson Group) sign a technological partnership for Smart Illuminated exterior parts of vehicles
Cognata Selected by ECARX Technology (ECARX) as its Simulation and Validation Partner
REHOVOT, Israel, July 28, 2021 /PRNewswire/ — Cognata, Ltd, a leading provider of simulation software for ADAS and autonomous vehicles announced today that ECARX, an autonomous intelligent technology company, has selected Cognata as its simulation partner for the testing and validation of its offerings. Continue Reading Image is taken from Cognata’s autonomous simulation platform, highway… Continue reading Cognata Selected by ECARX Technology (ECARX) as its Simulation and Validation Partner
Free2Move to provide home charging system ‘easyWallbox’ with Leasys rentals
All Leasys customers will also have the option of requesting – at a special price, not included in the fee – the professional installation that will allow the easyWallbox to operate at up to 7.4 kW as well as to use only the power available at home in real time, avoiding any risk of blackout.… Continue reading Free2Move to provide home charging system ‘easyWallbox’ with Leasys rentals