The auto company VolkswagenThe manager said on Wednesday at the virtual general meeting that it had to “transform itself from a collection of valuable brands”, primarily with combustion engines, to a digital company that reliably operated millions of networked electric vehicles. VW wants to be constantly connected online with these “mobility devices” in order to… Continue reading German Manager Magazin: Volkswagen AG: Herbert Diess announces conversion of VW at the annual general meeting000187
Tag: Mobility
Prosus Ventures leads $13 million investment in Pakistan’s ride-hailing giant Bykea
Bykea, which leads the ride-hailing market in Pakistan, has raised $13 million in a new financing round as the five-year-old startup looks to deepen its penetration in the South Asian country and become a “super app.” The startup’s new financing round, a Series B, was led by storied investment firm Prosus Ventures. It’s the first… Continue reading Prosus Ventures leads $13 million investment in Pakistan’s ride-hailing giant Bykea
E-scooter startup Neuron Mobility adds $12M to its Series A for expansion in Australia and New Zealand
Neuron Mobility, a Singapore-based e-scooter rental startup, announced today that it has added $12 million to its Series A. Led by Square Peg, an Australian venture capital firm and GSR Ventures, this increases the round’s new total to $30.5 million. The company, which operates in Australia and New Zealand in addition to Southeast Asian markets,… Continue reading E-scooter startup Neuron Mobility adds $12M to its Series A for expansion in Australia and New Zealand
Sodion Energy bets on sodium-ion battery tech to power green vehicles
Sodium-ion batteries, which can be produced in cylindrical, pouch and prismatic format and are easily recyclable, can be a disruptor in the rapidly growing energy storage market as a safe, low-cost and high energy density battery. Sodion Energy plans to launch its battery packs by Q1 CY2021. The year 2020 will be remembered for a… Continue reading Sodion Energy bets on sodium-ion battery tech to power green vehicles
A new Indian EV maker begins its journey
For India to be a major global hub for electric vehicles (EV), which many stakeholders believe she can be, there has to be appropriate holistic efforts. Srivaru Motors (SVM), a Coimbatore-based EV maker, harbours some holistic plans which, if successful, will not only help establish itself as a major EV industry player but also contribute… Continue reading A new Indian EV maker begins its journey
Enhancing Competitiveness, Safeguarding Viability: Supervisory Board Approves Reorganization Plan
Closure of the tire plant in Aachen at the end of 2021 and of the location for automotive electronics in Karben by the end of 2024, structural adjustments for future prospects in Regensburg, and termination of the joint venture with Osram As things stand, the structural program contains no further comparable structural measures requiring Supervisory… Continue reading Enhancing Competitiveness, Safeguarding Viability: Supervisory Board Approves Reorganization Plan
Volkswagen CEO says will announce important strategic steps this year
By Reuters Staff 3 Min Read FRANKFURT (Reuters) – Volkswagen VOWG_p.DE needs to change to stay relevant in the electric and digital vehicle era and will announce “important steps” to that end before the close of the year, Chief Executive Herbert Diess said on Wednesday. FILE PHOTO: Volkswagen Group Chief Executive Officer Herbert Diess gestures… Continue reading Volkswagen CEO says will announce important strategic steps this year
Ampere Electric unveils new features for its popular e-scooters
Ampere Electric, a wholly-owned electric mobility subsidiary of Greaves Cotto, has come out with new and enhanced products features for its popular electric scooters Reo, Magnus, Zeal and V48. The company claims that these product improvements are aimed at enhancing the overall driving experience and providing more comfort to customers. The new variants are now… Continue reading Ampere Electric unveils new features for its popular e-scooters
SG’s Neuron Mobility raises $12m Series A+ from existing backers
Singapore-headquartered electric scooter startup Neuron Mobility has raised $12 million in a Series A+ funding round co-led by returning Australian venture capital firm Square Peg, and GSR Ventures, according to an announcement. This new round brings the company’s total Series A funding to $30.5 million. Last December, Neuron Mobility raised $18.5 million in its Series… Continue reading SG’s Neuron Mobility raises $12m Series A+ from existing backers
@Renault: FRANÇOIS DOSSA IS APPOINTED SVP, OPEN INNOVATION…000076
Boulogne-Billancourt, September 29, 2020 – Groupe Renault announces that François Dossa is appointed SVP, Open Innovation Projects Director as of October 1st, 2020. He is member of the Renault Management Committee. He is responsible for steering strategic projects, such as the project around a circular economy eco-system in Flins, and the project for making the… Continue reading @Renault: FRANÇOIS DOSSA IS APPOINTED SVP, OPEN INNOVATION…000076