The robot car company Aurora is the first promising developer of future technology to go public. So far from, among others Amazon supported company takes – like many start-ups currently – an abbreviation via the merger with an already listed company shell, a so-called Spac (“Special Purpose Acquisition Company”). Aurora is valued at around eleven… Continue reading German Manager Magazin: 11 billion dollar valuation and hardly any income000951
Tag: Mobility
Ati Motors raises $3.5m led by Blume, Exfinity Venture and 16 India deal updates
ResearchPremium Ati Motors, an all-electric autonomous industrial vehicle maker, has raised $3.5 million in a funding round led by Blume Ventures and Exfinity Venture Partners. MFV Partners and a syndicate on LetsVenture led by Livspace founder Ramakant Sharma also participated in the Pre-Series A round, Ati Motors said. The pre-Series A funding will be deployed… Continue reading Ati Motors raises $3.5m led by Blume, Exfinity Venture and 16 India deal updates
Technopark-based company Acsia Technologies to hire 200 employees
Started in 2014, Acsia Technologies Pvt Ltd is currently working on multiple core sectors of a software-defined car ecosystem with the world’s leading carmakers and Tier1 suppliers. Their focus on quality processes and technology are helping the automotive companies in their transition from hardware-oriented cars to software-defined cars. Acsia Technologies, a Technopark-based company, will soon… Continue reading Technopark-based company Acsia Technologies to hire 200 employees
New Aston Martin Valhalla supercar revealed with 937bhp hybrid power
The new Aston Martin Valhalla supercar has been unveiled, together with full specifications for what is the first series production mid-engined road car in the brand’s 108-year history. Claimed to be “an extraordinary, truly driver-focused mid-engined hybrid supercar”, the Valhalla has evolved from the initial 2019 concept to a road-ready production model and will define a… Continue reading New Aston Martin Valhalla supercar revealed with 937bhp hybrid power
Uber CEO says ride prices will be close to normal by September
Uber CEO Dara Khosrowshahi said that ride prices will return “to nearly the good old days” by September, The New York Times reported on Thursday. During the pandemic, the popular ride-sharing app lost billions as people isolated at home. Now, users are opening the black-and-white app again — only to be shocked by high prices… Continue reading Uber CEO says ride prices will be close to normal by September
@VINFAST: Vingroup Joint Stock : eyes $60 bln valuation for car unit in potential U.S. IPO – sources04/12/2021 | 08:15am EDT…ters) – Vingroup JSC, Vietnam’s…
HANOi, April 12 (Reuters) – Vingroup JSC, Vietnam’s largest conglomerate, is considering an U.S. initial public offering (IPO) of its car unit that could value VinFast at about $60 billion, two people familiar with the matter said on Monday.Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the… Continue reading @VINFAST: Vingroup Joint Stock : eyes $60 bln valuation for car unit in potential U.S. IPO – sources04/12/2021 | 08:15am EDT…ters) – Vingroup JSC, Vietnam’s…
New mission, logo shows SAIC Motor’s transition to user-orientated high-tech firm
China’s largest carmaker, SAIC Motor, published its new vision, mission, values, and logo on June 15, indicating its transition to a user-oriented high-tech company. Its new stated value is to be user-oriented，more attention on open partnerships and innovation to achieve further. The company’s new vision is to provide an exciting ride for a green and… Continue reading New mission, logo shows SAIC Motor’s transition to user-orientated high-tech firm
@Ford: Let’s Build Safer Streets Together with Data: Ford Shares Findings from Research with Michigan State University
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Let’s Build Safer Streets Together with Data: Ford Shares Findings from Research with Michigan State University
Uber CEO: CEOs are paid too much (UBER)
Uber CEO Dara Khosrowshahi thinks his fellow C-suiters are overpaid, he told The New York Times. He made around $12 million in 2020 and more than $42 million in 2019, when you include stock bonuses. CEO pay rose sharply in 2020, with several executives raking in paydays in excess of $100 million. See more stories… Continue reading Uber CEO: CEOs are paid too much (UBER)
Uber’s CEO says he ‘nearly got killed’ while delivering for UberEats on bike in San Francisco (UBER)
Uber’s CEO delivered food for UberEats, and he told The New York Times he “nearly got killed.” Dara Khosrowshahi said “traffic was nuts” as he rode his bike near a baseball park in San Francisco. He said he spent time delivering food in late June and made about 0.3% of his daily salary. See more… Continue reading Uber’s CEO says he ‘nearly got killed’ while delivering for UberEats on bike in San Francisco (UBER)