Boyuan Capital, set up by global engineering and technology giant Bosch for technology bets in China, has launched its RMB-denominated fund seeking to raise as much as 1 billion yuan ($155 million), per a company statement on Monday. The vehicle, named Bosch China Growth Fund I, has reached the first close from limited partners including… Continue reading Bosch launches Boyuan Capital, hits first close of China-focused RMB fund
Tag: Mobility
@Renault: Jana Striezel is appointed Renault Director of Purchasing000305
Jana Striezel will operate under APO (Alliance Purchasing Organization) Managing Director, Gianluca de Ficchy, and report to Luca de Meo, CEO Renault Group and CEO of Renault. She will be a member of the Renault Management Committee. Jana Striezel is 44 years old. She studied law and economics at Bayreuth University, Germany. She is a… Continue reading @Renault: Jana Striezel is appointed Renault Director of Purchasing000305
@Daimler: 24. Sep 2021Mercedes-Benz to join ACC and build a European battery champion with global ambitions
September 24, 2021 – On its path toward an all-electric future, Mercedes-Benz is taking an equity stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules. As announced in July 2021, Mercedes-Benz will be ready to go fully electric by the end… Continue reading @Daimler: 24. Sep 2021Mercedes-Benz to join ACC and build a European battery champion with global ambitions
Ford CEO Farley calls for making EVs more affordable, bringing mining back to US
Making electrical vehicles affordable should be among the top priorities for automakers so that the average vehicle-buyer can purchase one, said Jim Farley, Ford Motor Co.’s president & CEO. “I’m deeply worried about the affordability,” said Farley Saturday during a discussion as part of the Detroit Homecoming VIII events, during a live-streamed interview with Mary Kramer,… Continue reading Ford CEO Farley calls for making EVs more affordable, bringing mining back to US
VW builds $164 million battery plant in Anhui
Volkswagen shows its electric platform and models in Haikou, Hainan province. [Photo by Li Fusheng/chinadaily.com.cn] Volkswagen AG said on Thursday it has started construction on a battery system production factory in East China’s Anhui province, as the German car giant accelerates its electrification campaign in its largest market. The world’s second largest carmaker said it… Continue reading VW builds $164 million battery plant in Anhui
Chinese ride-hailer T3 reportedly raises $775 million while Didi mired in cybersecurity review
Chinese ride-hailing platform T3 is close to securing RMB 5 billion ($775 million) in a funding rounding led by state-owned financial conglomerate Citic Group, Chinese media LatePost (in Chinese) reported Thursday, citing three unnamed sources. Why it matters: Didi’s rivals, especially those funded by state-owned enterprises, have received a new wave of investment since the… Continue reading Chinese ride-hailer T3 reportedly raises $775 million while Didi mired in cybersecurity review
@ACTExpo Round-up Day 2: Bollinger Motors, BYD, CityFreighter, ElectraMeccanica, JETSI, Electricfy America, GreenPower, Hexagon, Hino, Hyliion, Ideanomics, Karma Automotive, Navistar, Orange EV, Volvo, WattEV, XL Fleet & ZF – AUTO Connected Car News
Here is the first round-up of all the announcements at ACT Expo in Long Beach, California up until EOD Tuesday August 31. The announcements are in alphabetical order. Included are Bollinger Motors, CityFreighter, ElectraMechannica, JETSI, Electricfy America, GreenPower, Hexagon, Hino, Hyliion, Ideanomics, Karma Automotive, Navistar, Orange EV, Volvo, WattEV, XL Fleet and ZF. Bollinger Motors… Continue reading @ACTExpo Round-up Day 2: Bollinger Motors, BYD, CityFreighter, ElectraMeccanica, JETSI, Electricfy America, GreenPower, Hexagon, Hino, Hyliion, Ideanomics, Karma Automotive, Navistar, Orange EV, Volvo, WattEV, XL Fleet & ZF – AUTO Connected Car News
@Hyundai: Hyundai Motor Group Launches ‘E-mobility Pilot’ in Singapore with SP Group and Komoco Motors to Enhance EV Customer Experience
Pilot program to offer real-time EV battery management solution, preventive maintenance, EV charging credits and V2V mobile charging for EV owners in Singapore EV owners to experience leading EV-integrated solutions from Hyundai Motor Group, SP Group, and Komoco Motors Program to identify the needs of EV owners to enhance customer value, and establish a robust… Continue reading @Hyundai: Hyundai Motor Group Launches ‘E-mobility Pilot’ in Singapore with SP Group and Komoco Motors to Enhance EV Customer Experience
Mercedes-Benz customers waiting more than a year for cars due to chip shortage – CEO in FAZ – Reuters
FILE PHOTO: Head of Mercedes-Benz Cars Ola Kallenius attends a demonstration flight round of an electrical air taxi at the Daimler museum in Stuttgart, Germany, September 14, 2019. REUTERS/Michael Dalder/File Photo BERLIN, Sept 24 (Reuters) – Mercedes-Benz customers are facing waiting times of more than a year for their orders because of interruptions to production… Continue reading Mercedes-Benz customers waiting more than a year for cars due to chip shortage – CEO in FAZ – Reuters
German Researchers Converted a Tesla Model Y Into a Hydrogen Car
There’s a lot to unpack here. Hesla Motors On Wednesday, German Federal Research Minister Anja Karliczek revealed an automotive Frankenstein creation: A Tesla Model Y that had been converted into a hydrogen vehicle that she called a “hyper hybrid.” The goal was to demonstrate the future of clean transportation. But as Teslarati notes, the decision… Continue reading German Researchers Converted a Tesla Model Y Into a Hydrogen Car