Groupe PSA Position on Its Activities in Iran

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: After signature of the JCPOA1 on July 14th, 2015 and the lifting of international sanctions against Iran on January 16th, 2016, Groupe PSA (Paris:UG) signed joint venture agreements with Iran Khodro on June 21th, 2016 and Saipa on October 6th, 2016. The purpose of these JVs, which are fully compliant with… Continue reading Groupe PSA Position on Its Activities in Iran

Waymo expands autonomous driving partnership with Fiat Chrysler

On the same day of a massive $2.25 billion Softbank investment into General Motors’ Cruise, Fiat Chrysler Automobiles (FCA) is announcing an expanded partnership with Waymo that will add up to 62,000 more Chrysler Pacifica minivans to Waymo’s self-driving car fleet later this year. This isn’t too surprising, given Waymo said earlier this year that… Continue reading Waymo expands autonomous driving partnership with Fiat Chrysler

Groupe Renault swings into action for CSR with Mobilize Days

Monday 04 June 2018 by Rachida Badri – CSR Rachida Badri Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest 24 hours before World Environment Day, Groupe Renault launches the first international edition of CSR Week, which takes place from June 4 to 8 across all Groupe Renault sites. The goal is… Continue reading Groupe Renault swings into action for CSR with Mobilize Days

FAW-Volkswagen launches advanced new Qingdao plant

Juergen Unser, vice-president of FAW-Volkswagen. [Photo provided to China Daily] FAW-Volkswagen Automotive Co has inaugurated a new plant in Qingdao, East China’s Shandong province, as one of the joint venture’s latest efforts to charge ahead in the world’s largest car market. The plant, which was unveiled last Monday, employs 3,000 people and has an annual… Continue reading FAW-Volkswagen launches advanced new Qingdao plant

First generation e-cars will be gone tomorrow, says expert

Ding Lei, founder and chairman of electric car startup Huaren Technology R&D Co. [Photo provided to China Daily] Most electric models currently mushrooming in the Chinese auto sector will lose their appeal in two or three years, as they were designed as “makeshift substitutes” for gasoline cars, according to Ding Lei, founder and chairman of… Continue reading First generation e-cars will be gone tomorrow, says expert

Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot

I’ve previously argued that it will be years before we share the roads with fully-autonomous, Level 5 self-driving cars. That said, there are specific use cases and environments where autonomous vehicles could hit the roads now. Self-driving delivery is another example of just such a use case. Logistics automation within warehouses has made remarkable progress in… Continue reading Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot

Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding

Boxbot, an Oakland, CA-based startup focused on self-driving delivery vehicles, raised $7.5m in seed funding. This round was led by Artiman Ventures, and includes an investment from Toyota AI Ventures, Pear Ventures, Afore Capital, Ironfire Ventures and The House Fund. Co-founded in 2016 by Austin Oehlerking and Mark Godwin, Boxbot is building self-driving vehicles which… Continue reading Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding

CarBlock joins The Mobility Open Blockchain Initiative

CarBlock announced that it has joined MOBI, the Mobility Open Blockchain Initiative, to explore blockchain and distributed ledger technology (DLT) for use in the development of a digital mobility ecosystem that could make transportation safer, more affordable, and more widely available. CarBlock is collaborating with the MOBI and other industry, government, and non-profit partners to… Continue reading CarBlock joins The Mobility Open Blockchain Initiative

Toyota and DENSO Agree to Start Considerations Toward Consolidating Electronic Component Operations Within DENSO

Toyota City, Japan, June 1, 2018―Toyota Motor Corporation (Toyota) and DENSO Corporation (DENSO) announce that they have agreed today to begin considerations toward consolidating the core electronic component operations of both Toyota and DENSO within DENSO. Currently, advanced development and mass-production development for Toyota’s electronic components, as well as the production of such components, are conducted by… Continue reading Toyota and DENSO Agree to Start Considerations Toward Consolidating Electronic Component Operations Within DENSO

Geely paints the future of mobility

Car designers, artists and journalists met in Paris a few days ago at an event organised by Geely, to share their visions of future mobility. On a rooftop terrace, a series of works of art were presented, all created to explore the theme of what mobility will look like in the year 2100. Geely’s Peter Horbury, Brandon… Continue reading Geely paints the future of mobility