China’s Inceptio Technology, a startup developing self-driving trucks, said on Monday it has raised $120 million in its latest funding led by top Chinese electric vehicle battery maker CATL. The funding comes six months after a $100 million funding in April. Logistics firm GLP, Inceptio’s key strategic investor G7 and Nio Capital also invested in… Continue reading Chinese autonomous truck startup Inceptio raises $120m from CATL, others
Tag: Mobility
California voters approved Proposition 22, keeping ride-share and food delivery drivers as contractors — here’s what that means for companies like Uber, Lyft, Instacart, DoorDash and their workers (UBER, LYFT)
California voters approved Proposition 22, a legislation that keeps rideshare and food delivery drivers as “independent contractors” who do not qualify for state and local employee benefits like minimum wage, healthcare, or paid time off. The ballot measure, backed by Uber, Lyft, Instacart, and DoorDash, exempts firms from AB-5, a state law that would have… Continue reading California voters approved Proposition 22, keeping ride-share and food delivery drivers as contractors — here’s what that means for companies like Uber, Lyft, Instacart, DoorDash and their workers (UBER, LYFT)
Uber and Lyft gain $13 billion in combined market value after Californians approve Prop 22
Lyft executives celebrate the company’s IPO in 2019. Mario Tama/Getty Images Uber shares rose as much as 18% and Lyft shares jumped as much as 22% on Wednesday after California voters approved Proposition 22. The ballot measure’s passage means the ride-hailing companies can continue to classify their drivers as independent contractors instead of employees, exempting… Continue reading Uber and Lyft gain $13 billion in combined market value after Californians approve Prop 22
November 4, 2020 Chino City and Via announce partnership to launch the City’s first on-demand public transit service Chino City will use tec…
November 4, 2020 Chino City and Via announce partnership to launch the City’s first on-demand public transit service Chino City will use technology from Via to expand access to public transit November 5, 2020 (CHINO CITY, Japan)– Chino City, with support from Mayor Imai-san, and Via, the leading TransitTech provider for public mobility solutions, are… Continue reading November 4, 2020 Chino City and Via announce partnership to launch the City’s first on-demand public transit service Chino City will use tec…
Israeli firm enables sound of silence with broadband active road noise cancellation
Israel-based Silentium, a tech innovation company specialising in creating personal in-car sound environments, has introduced advanced, broad-band active road noise cancellation to the auto industry for the first time. After several years in development, Jaguar and Land Rover are the first carmakers to integrate Silentium’s ‘Active Acoustics’ software in three of their new vehicles, meaning… Continue reading Israeli firm enables sound of silence with broadband active road noise cancellation
@GM: A Statement from GM Canada President Scott Bell on Unifor Negotiations
A Statement from GM Canada President Scott Bell on Unifor Negotiations 2020-11-05 TORONTO, Ont. (November 5, 2020) — GM Canada president and managing director Scott Bell today made the following statement upon reaching a tentative agreement with Unifor in 2020 Contract Bargaining: “Subject to ratification of our 2020 agreement with Unifor, General Motors plans to… Continue reading @GM: A Statement from GM Canada President Scott Bell on Unifor Negotiations
@GM: Ultium Cells LLC Seeking 1,100 Team Members to Help Power GM’s All-Electric Future
Ultium Cells LLC Seeking 1,100 Team Members to Help Power GM’s All-Electric Future Ohio plant will manufacture battery cells for the GMC HUMMER EV, Cadillac LYRIQ, Cruise Origin shared self-driving vehicle and more 2020-11-05 LORDSTOWN, Ohio – GM continues to advance toward an all-electric, zero-emissions future with the construction of its nearly 3 million-square-foot Ultium… Continue reading @GM: Ultium Cells LLC Seeking 1,100 Team Members to Help Power GM’s All-Electric Future
Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation
Pony.ai, the Chinese autonomous vehicle startup and relative newcomer to the industry, is now valued at $5.3 billion following a fresh injection of $267 million in funding. The round was led by TIP, an innovation fund within the Ontario Teachers’ Pension Plan Board that focuses on late-stage venture and growth equity investments in companies that… Continue reading Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation
@Tata-JLR: JAGUAR LAND ROVER CONFIRMS NEW EXECUTIVE APPOINTMENTS
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 CONFIRMS NEW EXECUTIVE APPOINTMENTS
German Handelsblatt: Handelsblatt Auto Summit: VW boss Diess: “In 2023 and 2024 we want to use the software like Tesla” 000722
Herbert Diess “We are very committed to batteries and continue to invest.” (Photo: dpa) Düsseldorf Volkswagen CEO Herbert Diess sees no alternative to the electric offensive that the Wolfsburg-based car company has launched this year. Only with these vehicles can the new EU climate targets be achieved. At the Handelsblatt Auto Summit 2020 this Friday,… Continue reading German Handelsblatt: Handelsblatt Auto Summit: VW boss Diess: “In 2023 and 2024 we want to use the software like Tesla” 000722