In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading China’s autonomous driving startup Freetech raises over $100m in Series A round
Tag: Mobility
‘Bolloré’s strategy is already having a good impact on Jaguar Land Rover’
The appointment of Thierry Bolloré as JLR chief executive last summer raised a fair few eyebrows. It came completely out of the blue, not least for Bolloré. “I was about to fly over to New York in a completely different type of business,” he told me this week. “I said, ‘Wow, of course’. With these brands… Continue reading ‘Bolloré’s strategy is already having a good impact on Jaguar Land Rover’
Plastic Omnium supplies German retrofitter with fuel cell systems for hydrogen trucks
German company Elektro-Fahrzeuge Stuttgart (EFA-S) has selected Plastic Omnium for the delivery of fuel cell systems to equip the GAZelle with an e-powertrain. This emission-free truck will first be used by the city of Esslingen (Germany) for road maintenance. EFA-S aims to set up a fleet of more than 100 hydrogen-powered vehicles by 2023. EFA-S… Continue reading Plastic Omnium supplies German retrofitter with fuel cell systems for hydrogen trucks
Bird plans a pilot program for electric wheelchair and mobility scooter rentals in NYC this summer
Scooter company Bird is partnering with mobility vehicle company Scootaround on a pilot program that will test accessible electric vehicle rentals in New York City this summer, the companies announced. A new button in Bird’s main app will let people with mobility issues choose one of three different models to rent, including three- and four-wheel… Continue reading Bird plans a pilot program for electric wheelchair and mobility scooter rentals in NYC this summer
VCs back ‘vanlife’ as Seattle travel startup Cabana raises $10M for its camper rental service
(Cabana Photo) Seattle-based startup Cabana is riding interest in “vanlife” travel and just landed $10 million to fuel growth of its service that brings together camping, car sharing, and boutique hotel luxuries. The startup, launched by former Seattle Department of Transportation head and Lime exec Scott Kubly, allows campers to rent a renovated cargo van… Continue reading VCs back ‘vanlife’ as Seattle travel startup Cabana raises $10M for its camper rental service
@GM: GM to Source U.S.-Based Lithium for Next-Generation EV Batteries Through Closed-Loop Process with Low Carbon Emissions July 2, 2021
Through an agreement with Controlled Thermal Resources, lithium will be sourced in part from California from a more environmentally friendly process than traditional lithium production DETROIT, July 2, 2021 /PRNewswire/ — General Motors has agreed to form a strategic investment and commercial collaboration with Controlled Thermal Resources to secure local and low-cost lithium. This lithium will… Continue reading @GM: GM to Source U.S.-Based Lithium for Next-Generation EV Batteries Through Closed-Loop Process with Low Carbon Emissions July 2, 2021
Eberspaecher acquires Vairex Air Systems, strengthens offering for hydrogen and fuel cell segment
German Tier 1 supplier Eberspaecher has acquired 100% shares of US-based Victori (Vairex Air Systems) and entered the fast-growing market of hydrogen and fuel cell technology. The company says in the future it will offer air supply components for fuel cell systems. Eberspaecher says with increasing decarbonisation, hydrogen is gaining in importance as an energy… Continue reading Eberspaecher acquires Vairex Air Systems, strengthens offering for hydrogen and fuel cell segment
@BMW: Series production of BMW iX* gets underway at Plant Dingolfing001262
Highest standards of flexibility: All drive train variants on one line +++ Successful transformation of BMW Group plants towards e-mobility and digitalisation +++ Half of Dingolfing’s production volume will be electrified by mid-decade +++ Nedeljković: “setting ourselves ambitious goals for the most sustainable production” Dingolfing. Standard production of the fully-electric BMW iX* began today in… Continue reading @BMW: Series production of BMW iX* gets underway at Plant Dingolfing001262
Ex-Aston Martin boss Andy Palmer becomes CEO of electric bus maker
Automotive industry Ex-Aston Martin boss Andy Palmer becomes CEO of electric bus maker The 58-year-old’s role at Switch Mobility is part of drive to expand the business Andy Palmer was ousted from Aston Martin last year after a disastrous slump in the luxury carmaker’s share price following its flotation in 2018. Photograph: Greg Baker/AFP via… Continue reading Ex-Aston Martin boss Andy Palmer becomes CEO of electric bus maker
Dr Andy Palmer to drive Switch Mobility’s strategic new initiatives
Dr Andy Palmer: “I believe we have all the required ingredients to become a leading global e-bus and e-truck player, trail-blazing the way to zero-carbon public transport.” Switch Mobility Ltd, the electrified commercial vehicles group backed by the Hinduja Group, today announced its formal launch by combining the electric commercial vehicle operations of Ashok Leyland… Continue reading Dr Andy Palmer to drive Switch Mobility’s strategic new initiatives