Daimler major shareholder Geely urges cooperation: Li Shufu has bad cards for new Daimler alliances

All articles and backgrounds 04/16/2018 Daimler giant shareholder Geely urges cooperation Li Shufu has bad cards for new Daimler alliances REUTERS Li Shufu, founder and head of Chinese auto giant Geely Forge new partnerships, build digital platforms: The wishes are not revolutionary, the new major Daimler shareholder Li Shufu in the direction of the Stuttgart… Continue reading Daimler major shareholder Geely urges cooperation: Li Shufu has bad cards for new Daimler alliances

Carpool: Karos raises 4.2 million to lead the race

New proof of the enthusiasm of investors for car pooling. The start-up of Olivier Binet, Karos, has completed a tour de table amounting to 4.2 million euros. The competition is raging on the carpool market. In the middle of a series of strikes at the SNCF, the alternative mobility solution signs a new fundraiser. This… Continue reading Carpool: Karos raises 4.2 million to lead the race

Inside BMW’s Autonomous Driving Campus and plans

Dr. Dirk Wisselmann, senior expert for autonomous driving at BMW, tells me that the automaker’s first level 3 car will have the technical capabilities for level 4 or 5 highway driving. “We can create a software update (for the car) and inform our drivers, ‘We are are very confident on this road. We are very… Continue reading Inside BMW’s Autonomous Driving Campus and plans

Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent

Alibaba Group Holding Ltd. is accelerating its research and development of autonomous driving technology, and is looking to recruit more than 50 people to build up its team, people familiar with the matters told China Money Network. The news comes a week after Alibaba’s rival Tencent Holdings Ltd. set up a joint venture with Chinese automobile manufacturer… Continue reading Alibaba Accelerates Autonomous Driving Research, Following In Footsteps Of Baidu And Tencent

Car-sharing startup Turo raises additional $12 million

Peer-to-peer car-sharing marketplace Turo has officially closed a $104 million Series D round. This comes following a $12 million investment from Sumitomo Corporation and American Express Ventures, on top of a $92 million raise earlier this year. “As a company that is intensely focused on enabling its customers to have unique travel experiences, American Express’… Continue reading Car-sharing startup Turo raises additional $12 million

Waymo: Tests without Travelers in California

Google’s sister, Waymo, will be the second company to test in California without a Traveler. Since April is it in California allowed to test the autonomous driving on the public road, without persons for monitoring in the vehicle. For this you have to have installed a remote control. Further relaxations are intended, Waymo car. Source:… Continue reading Waymo: Tests without Travelers in California

Ola plots a million EVs on Indian roads by 2021

Vehicle aggregator Ola Cabs has today announced its ‘Mission Electric’ programme, under which the company aims to ride the upcoming surge in the electric mobility space. Ola plans to aggressively expand its area of operations and place 10,000 e-rickshaws and electric vehicles in key Indian cities by 2019 with an aim to enhance last-mile connectivity. A… Continue reading Ola plots a million EVs on Indian roads by 2021

Top Automotive Industry News for Week of April 9 – April 15, 2018

Here is the most important news associated with the automotive industry identified by the SEA for the week April 8, 2018 – April 15, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- Audi brand to be excluded from VW sportscar brand overhaul: source… Continue reading Top Automotive Industry News for Week of April 9 – April 15, 2018

Ford’s self-driving car network will launch ‘at scale’ in 2021

Ford Ford hasn’t been shy about its plans for a self-driving car network in 2021, including its hopes of fielding a purpose-built vehicle that year. However, there have been questions about the size — will this be like the services we’ve seen so far, where one city gets a limited taste of the autonomous future?… Continue reading Ford’s self-driving car network will launch ‘at scale’ in 2021

Singapore orders Grab to delay closing Uber app for an additional 3 weeks

Grab’s plan to shutter Uber’s app quickly following its merger deal in Southeast Asia has hit another snag in Singapore where the ride-hailing firm has been forced to delay closing its rival’s service until May 7. This is the second time that Grab has pushed back the removal of Uber’s app in Singapore, which was initially… Continue reading Singapore orders Grab to delay closing Uber app for an additional 3 weeks