California-based leading micromobility companies and a subsidiary of Ford Motor Company Spin is working towards its aim to empower riders with the freedom to move safely around their community with the launch of a new 100,000 sterling pound (Rs 90 lakh) Micromobility Research Fund in the United Kingdom. As part of the initiative over the… Continue reading Ford Motor Co’s subsidiary Spin launches Micromobility Research Fund in UK
Tag: Mobility
@Geely: Multi-site dealer group joins LEVC sales & servicing network in the Netherlands
25th November 2020, Ansty LEVC (London Electric Vehicle Company) has appointed a third dealer group in the Netherlands, partnering with Harrie Arendsen BV to offer sales and servicing in the Gelderland and Overijssel regions in the east of the country. Joining the recent appointments of Stern Lijnden and Mobility Centre, LEVC will now have nine full… Continue reading @Geely: Multi-site dealer group joins LEVC sales & servicing network in the Netherlands
@Hyundai: Hyundai Motor Group Joins IONITY For High-Power Charging Network
The era of high-speed charging for electric vehicles (EVs) is just around the corner. Here’s why we need such high-speed charging infrastructure – let’s find out through cooperation between IONITY, a high-speed charging infrastructure supplier, and Hyundai and Kia. The era of electric vehicles with long ranges and short charging time is coming – and… Continue reading @Hyundai: Hyundai Motor Group Joins IONITY For High-Power Charging Network
VW’s Diess talks electrification and the value of Tesla – Automotive News Europe
Volkswagen Group’s future direction is clear to its CEO, Herbert Diess: The solution is electric mobility. With its program for full-electric cars in all the main market segments, VW aims to comply with increasingly tougher global CO2 emissions regulations and also make a contribution to a greener planet. Diess, 62, talked about this, changes in… Continue reading VW’s Diess talks electrification and the value of Tesla – Automotive News Europe
@GM: GM Boosts Investment, Grows Electric Portfolio to Lead in EV Race
GM Boosts Investment, Grows Electric Portfolio to Lead in EV Race 2020-11-19 Thirty new global EV launches planned through 2025 More than $27 billion in planned EV and AV product spending to exceed GM’s gas and diesel investment By mid-decade, GM’s Ultium battery packs projected to cost 60 percent less than today’s packs with twice… Continue reading @GM: GM Boosts Investment, Grows Electric Portfolio to Lead in EV Race
India: Cars24 turns unicorn with $200m funding led by DST Global
Cars24, which offers a tech-enabled platform to customers to buy and sell pre-owned vehicles, has raised $200 million in its Series E round, taking the company’s valuation to over $1 billion. With this fund-raise, the startup joined the unicorn club, and claimed it is the only startup in the mobility sector to achieve a unicorn… Continue reading India: Cars24 turns unicorn with $200m funding led by DST Global
Cars24 raises new funds led by DST Global, valuation hits $1 billion
Online used car marketplace Cars24 has secured $200 million Series E financing led by existing investor DST Global at a post-money valuation of just over $1 billion, doubling from $500 million when it had raised $100 million financing in October last year. The financing round also catapults the company into the unicorn club, becoming the… Continue reading Cars24 raises new funds led by DST Global, valuation hits $1 billion
Gatik Raises $25M in Series A Funding
Gatik, a Palo Alto, CA and Toronto, Canada-based autonomous technology company deploying autonomous vehicles for B2B short-haul middle-mile logistics, raised $25m in Series A funding. The round was co-led by Wittington Ventures and Innovation Endeavors with participation from FM Capital and Intact Ventures and existing investors Dynamo Ventures, Fontinalis Partners, AngelPad and others participated as well. The company, which… Continue reading Gatik Raises $25M in Series A Funding
SsangYong Motor Begins Pilot Production of Its First Electric Vehicle “Korando e-MOTION”
SsangYong Motor has begun pilot production of its first electric vehicle “Korando e-MOTION” in order to check its workability before its release. It is likely that the vehicle will be launched after February next year depending on market circumstances.The company is also working on improving competitive edge for its future products while preparing for a… Continue reading SsangYong Motor Begins Pilot Production of Its First Electric Vehicle “Korando e-MOTION”
@Tata-JLR: JAGUAR LAND ROVER TO HIRE 300 SOFTWARE AND ENGINEERING APPRENTICES
About Jaguar Land Rover Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV,… Continue reading @Tata-JLR: JAGUAR LAND ROVER TO HIRE 300 SOFTWARE AND ENGINEERING APPRENTICES