Ample, a startup developing battery swapping technology for electric vehicles, has scored another $30 million from The Blackstone Group and Spanish multinational financial services company Banco Santander. The San Francisco-based company should be at or near unicorn status, considering its valuation back in August was $890 million, according to Pitchbook. Unicorn status means a company… Continue reading Ample raises $30M to take battery swapping business to Europe
Tag: Mobility
NVIDIA Unveils New Development Opportunities and Paths to Market for Millions of Developers
With NVIDIA Omniverse, millions of developers around the world can now take their workflows to the next level. At GTC, we introduced exclusive events, sessions and other resources to showcase how we’re expanding Omniverse, the multi-GPU, real-time simulation, and reference development platform for 3D workflows. Our dedicated Developer Day was an exclusive event that offered… Continue reading NVIDIA Unveils New Development Opportunities and Paths to Market for Millions of Developers
@VW Group: Lamborghini adopts what3words in all Huracán models004186
In a world first, Huracán1 models will feature what3words navigation offline and via Alexa from mid-2022 Sant’Agata Bolognese, 10th November 2021 – From mid-2022 the Lamborghini Huracán range will become the first to integrate what3words, fully enabled by Alexa. With the innovative global addressing technology, drivers can navigate precisely to exclusive spots and hidden gems… Continue reading @VW Group: Lamborghini adopts what3words in all Huracán models004186
@VW Group: A pioneer in electric mobility and sustainability: Audi Brussels produces its eight millionth car004187
Ceremony in Belgium: The eight millionth car comes off the assembly line at Audi Brussels. Markus Duesmann, CEO of AUDI AG appeared enthusiastic on his visit to Brussels, a site that was designated a “Factory of the Future” only in the last year. Since fall of 2018, Audi Brussels has produced the first fully electric… Continue reading @VW Group: A pioneer in electric mobility and sustainability: Audi Brussels produces its eight millionth car004187
@Toyota: Toyota Expands Commitment to American Center for Mobility with New $6 Million Investment
About Toyota Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships. Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S.… Continue reading @Toyota: Toyota Expands Commitment to American Center for Mobility with New $6 Million Investment
Net profit up 785% in Q2, this auto stock can deliver up to 28% return
Going by analyst estimates, the stock has the potential to deliver up to 28 per cent returns. Shares of Mahindra & Mahindra (M&M) climbed 3 per cent in an otherwise weak session on Wednesday, thanks to a beat on profit that surged 785 per cent in the September quarter, on a low base. This stock… Continue reading Net profit up 785% in Q2, this auto stock can deliver up to 28% return
Goodyear Invests In Gatik And Tests Smart Tires On Automated Trucks
by Sam Abuelsamid Northampton, MA –News Direct– Goodyear Gatik’s latest generation automated box truck based on an Isuzu platform. Photo credit RALPH LAUER via Forbes In numerous cities around the world we are increasingly seeing prototype vehicles bristling with sensors and stuffed with computers that are trying to drive themselves around without a human in… Continue reading Goodyear Invests In Gatik And Tests Smart Tires On Automated Trucks
Self-driving truck startup Kodiak Robotics raises $125M
Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, has raised $125 million in new capital, funding that will be used to double its workforce as it pursues a path to commercialization. The oversubscribed Series B stands out for its lengthy list of backers and notably that the lead investor… Continue reading Self-driving truck startup Kodiak Robotics raises $125M
Intel, Samsung and Porsche among investors in TriEye’s $74M funding round
Israeli startup TriEye has raised $74 million to commercialize a type of sensing technology that can be used to help autonomous and driver-assistance systems to see better in adverse conditions. The technology uses short-wave infrared (SWIR), which refers to a wavelength range that is outside the visible spectrum. While SWIR sensing is not new, it… Continue reading Intel, Samsung and Porsche among investors in TriEye’s $74M funding round
Inspiration, an EV asset financing firm, comes out of stealth with $200M and Revel as first customer
Inspiration wants to help commercial fleets go electric, and it has already started by financing electric mobility company Revel’s ride-hail fleet of blue Teslas. The startup, which finances electric vehicles and has plans to build, own and operating the corresponding charging infrastructure, came out of stealth on Wednesday with an initial $200 million in capital… Continue reading Inspiration, an EV asset financing firm, comes out of stealth with $200M and Revel as first customer