Waabi is a new autonomous vehicle startup with a few things going for it to help it rise above the fray. For one, it’s founded by Raquel Urtasun, a renowned expert in computer vision who ran Uber Advanced Technology Group’s Toronto outpost, making it one of the few women-led AV startups in the world. Second,… Continue reading Waabi, the rare autonomous vehicle startup with a woman CEO, raises $83.5 million
Tag: Mobility
Chinese lidar developer Hesai rakes in $300m funding after halted STAR Market IPO …
Hesai Technology, a Shanghai-based startup that develops lidar sensors for autonomous driving and other robotics applications, has raked in $300 million in a Series D round of financing jointly led by investors including Hillhouse Capital’s GL Ventures and smartphone maker Xiaomi Corp. Chinese food delivery giant Meituan and China’s CITIC Private Equity Funds Management (CPE)… Continue reading Chinese lidar developer Hesai rakes in $300m funding after halted STAR Market IPO …
Geek+ and Circle K implement Asia’s largest Smart Warehouse for Grocery Deliveries
Over 100 AMRs deployed to better serve customers all over Hong Kong HONG KONG, June 8, 2021 /PRNewswire/ — Geek+, a global AMR leader, announces the successful launch of 100 autonomous mobile robots (AMRs) in the distribution center of Circle K Hong Kong. The deployment represents the commitment of Geek+ and Circle K Hong Kong to build supply… Continue reading Geek+ and Circle K implement Asia’s largest Smart Warehouse for Grocery Deliveries
Hero Electric: ‘Expect 12-30 million electric 2-wheelers in India by 2030’
Naveen Munjal is clearly upbeat about growth prospects for the electric two-wheeler market which could be “anything from about 12 million units going upward to about 30 million units (by 2030)”. The Managing Director of Hero Electric tells Autocar Professional that he and his team look at both the “best and worst case” scenarios when making business plans.… Continue reading Hero Electric: ‘Expect 12-30 million electric 2-wheelers in India by 2030’
@niche: Navya accelerates its development in Germany within the framework of the SMO project with Valeo000934
Villeurbanne, France, June 8, 2021 – 8:00 am CEST – Navya (FR0013018041- Navya), a leading company in autonomous driving systems, […] Villeurbanne, France, June 8, 2021 – 8:00 am CEST – Navya (FR0013018041- Navya), a leading company in autonomous driving systems, launches new experiments in Germany, the Company’s main market, with 16 shuttles sold, including… Continue reading @niche: Navya accelerates its development in Germany within the framework of the SMO project with Valeo000934
Cabify launches ‘Cabify Go!’, a multi-modal subscription service
Cabify wants to own the way people in cities move. The Spanish-born ride-hailing company is rolling out a pilot multi-modal subscription model to 40,000 users in Madrid this week, with plans to expand to its other markets throughout Spain and Latin America. The “Cabify Go!” subscription service appears to have something for everyone. All of… Continue reading Cabify launches ‘Cabify Go!’, a multi-modal subscription service
Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan
The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based lidar maker founded in 2014 with an office in Palo Alto. The company just raised over $300 million in a Series D funding round led… Continue reading Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan
Hiyacar Names New Chairman, CFO
Jason Frank has been a presence at Hiyacar since 2018 after he led a major investment round in the company. Photo via Hiyacar. Carsharing platform Hiyacar has announced the appointment of Jason Frank as chairman and CFO to contribute to the company’s growth. Frank has been a presence at Hiyacar since 2018 after he led… Continue reading Hiyacar Names New Chairman, CFO
Malaysia’s Yinson, SG’s SMRT Ventures co-invest in autonomous vehicle startup MooVita
Malaysia-listed Yinson Holdings and SMRT Ventures, the corporate venture arm of Singapore’s public transport operator SMRT Corp Ltd, announced they will co-invest a “multi-million dollar amount” in Singapore’s autonomous vehicle tech startup MooVita. Lead investor Yinson, an energy infrastructure and technology company, entered into an agreement with SMRT Ventures for the investment, the companies said… Continue reading Malaysia’s Yinson, SG’s SMRT Ventures co-invest in autonomous vehicle startup MooVita
Daimler CEO predicts strong 2021, even better 2022 – Automotive News Europe
Ola Kallenius, the first non-German CEO of Daimler and its Mercedes-Benz brand, has been tested by a range of unforeseen challenges, from the coronavirus pandemic to the global semiconductor shortage Ola Kallenius, the first non-German CEO of Daimler and its Mercedes-Benz brand, has been tested by a range of unforeseen challenges, from the coronavirus pandemic… Continue reading Daimler CEO predicts strong 2021, even better 2022 – Automotive News Europe