Tag: Mobility

India’s construction equipment sector headed for washout in Q1 FY2022

Demand for new construction equipment, already in free-fall mode over the past few weeks, may crash up to 75 percent by end-May if the surge in Covid infections continues unabated. According to Sandeep Singh, Managing Director of Tata-Hitachi Construction Machinery, even use of existing machinery is tumbling across construction sites and could be impacted by… Continue reading India’s construction equipment sector headed for washout in Q1 FY2022

E-tractor start-up Cellestial raises Rs 3 crore

Hyderabad-based start-up Cellestial E-mobility, which showcased its electric tractor a year ago has announced that it has achieved $35 million (Rs 260 crore) valuation in its Pre-Series A funding. The company says buoyed by its sustainable business model, growing user response coupled with a consistent revenue generation it has closed its initial raise of $500,000… Continue reading E-tractor start-up Cellestial raises Rs 3 crore

Beloved Jamestown S’Klallam councilmember perishes in car crash – Port Townsend Leader

Kurt Grinnell Kurt Grinnell, a longtime councilmember of the Jamestown S’Klallam Tribe and head of the tribe’s Aquaculture Program, died Tuesday, April 20, in a car crash near Port Angeles. Deputies from the Clallam County Sheriff’s Office responded to a single-vehicle crash in the 1400 block of Mount Pleasant Road around 4 p.m. and found… Continue reading Beloved Jamestown S’Klallam councilmember perishes in car crash – Port Townsend Leader

@BMW: The Pure&Crafted Festival initiated by BMW Motorrad will return to Berlin from 17 to 18 September 2021.001160

Munich/Berlin. Launched in Berlin in 2015 and initiated by BMW Motorrad, the Pure&Crafted Festival will return to the banks of the Spree river in 2021.This year, BMW Motorrad will once again be the title sponsor of the event.For the first time, the event will be held in the Berlin trade fair’s event-proven Summer Garden, which… Continue reading @BMW: The Pure&Crafted Festival initiated by BMW Motorrad will return to Berlin from 17 to 18 September 2021.001160

Scania Growth Capital invests in sensors for autonomous vehicles

SÖDERTÄLJE, Sweden, May 27, 2021 /PRNewswire/ — Scania’s corporate venture capital-fund announces investment of € 7,5 million in Scantinel to finance further growth in its specialist LiDAR (Light Detection and Ranging) technology. Scantinel Photonics GmbH is a leading LiDAR (Light Detection and Ranging) start-up and a part of the ZEISS Ventures portfolio, based in Germany.… Continue reading Scania Growth Capital invests in sensors for autonomous vehicles

Hyderabad-based e-tractor start-up Cellestial raises Rs 3 crore in funding

Hyderabad-based start-up Cellestial E-mobility, which showcased its electric tractor a year ago has announced that it has achieved $35 million (Rs 260 crore) valuation in its Pre-Series A funding. The company says buoyed by its sustainable business model, growing user response coupled with a consistent revenue generation it has closed its initial raise of $500,000… Continue reading Hyderabad-based e-tractor start-up Cellestial raises Rs 3 crore in funding

CARB Votes to Transition Ride-Hailing Fleets to Zero-Emissions by 2030

Last year, Uber pledged to invest $800 million through 2025 to help their drivers make the switch, though the actual cost is estimated to be more than double that. Photo via Wikimedia/Raysonho. The California Air Resources Board (CARB) voted on May 20 to approve the nation’s first standard to transition ride-hailing fleets to zero-emission vehicles by… Continue reading CARB Votes to Transition Ride-Hailing Fleets to Zero-Emissions by 2030

Australian EV charger maker Tritium valued at $1.2b in SPAC merger, to list on Nasdaq

Tritium, a manufacturer of fast chargers for electric vehicles (EVs) based in Australia’s Brisbane, plans to go public in the US through a merger with a blank cheque company. The deal values Tritium at $1.2 billion (A$1.55 billion), the company said on Wednesday. Upon closing of the transaction with Decarbonization Plus Acquisition Corporation II (DCRN),… Continue reading Australian EV charger maker Tritium valued at $1.2b in SPAC merger, to list on Nasdaq

Ford CEO says US needs to regulate automated driving systems – Design ENGINEERING

In April, Ford announced it will begin offering its BlueCruise hands-free highway driving system to customers later this year. (Photo credit: Ford Motors) DETROIT (AP) – The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving… Continue reading Ford CEO says US needs to regulate automated driving systems – Design ENGINEERING