British self-driving technology startup Wayve said on Tuesday it has raised $200 million from investors to scale up its autonomous driving technology globally and launch more pilot projects with commercial fleet partners. The Series B funding round brings the startup’s total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore… Continue reading UK self-driving startup Wayve raises $200m Series B from Microsoft, others
Tag: Mobility
Battle for a brand
To Harish Bijoor, this four-letter word brand is a “humongous asset” for the electric space. The reference is to ‘Hero’ where Pawan and Naveen Munjal have sought legal intervention for use of the name. The former who heads the market leader, Hero MotoCorp, wants the brand (Hero) for the foray into electric. This is not… Continue reading Battle for a brand
VW’s global sales down 8 percent
VW’s electric vehicle sales did well in 2021 The company’s fossil fuel-powered vehicles saw a drop in sales even as EVs and plug-in hybrids grew by 97 percent and 33 percent, respectively. Volkswagen sales dropped around eight percent in 2021 as it battled the ongoing global semiconductor shortage. However, it recorded a substantial uptick in… Continue reading VW’s global sales down 8 percent
Elon Musk claims there has been no crash in Tesla’s Full Self-Driving Beta over a year into the program
Elon Musk claims that Tesla has not had a single crash in its Full Self-Driving Beta program since the start over a year ago, but that’s just as much proof that the testers are being careful as a proof that the system is safe. “Full Self-Driving Beta” (FSD Beta) is an early version of Tesla’s… Continue reading Elon Musk claims there has been no crash in Tesla’s Full Self-Driving Beta over a year into the program
The Station: Cali regulators eye Tesla FSD, Turo files to go public, Local Motors shuts down
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’ll… Continue reading The Station: Cali regulators eye Tesla FSD, Turo files to go public, Local Motors shuts down
WeRide reaches 10 million kilometers of autonomous driving
WeRide has accumulated a massive number of high-quality scenarios through 10 million kilometers, combining testing and operations with more than 300 AD vehicles over the past four years. WeRide’s fleets comprise Robotaxi, Robobus, and Robovan, running in cities such as Guangzhou, Zhengzhou, Nanjing, Wuhan, Anqing in China and San Jose in the US. They are… Continue reading WeRide reaches 10 million kilometers of autonomous driving
@Renault: RENAULT GROUP 2021 COMMERCIAL PRESS RELEASE000351
COMMUNIQUE DE PRESSE01/17/2022 Renault Group pursues growth in value-creating segments Renault Group’s worldwide sales amounted to 2,696,401 vehicles, down 4.5%. Renault Group is pursuing the sales policy initiated in the third quarter of 2020, which is leading to an increase in the share of its sales in the most profitable channels. In the five main… Continue reading @Renault: RENAULT GROUP 2021 COMMERCIAL PRESS RELEASE000351
Nippon Paint to offer car refurbishment to Spinny, Ola
Nippon Paint India is keen to tap India’s vehicle refurbishment market and recently entered into tie-ups with Spinny and Ola cars, two new used car start-ups. The company is betting on the increased trend of buying pre-owned cars. A study by OLX Auto-Crisil suggests used cars sales may register a 15 percent YoY growth in… Continue reading Nippon Paint to offer car refurbishment to Spinny, Ola
@Hyundai: Breathing Diamond System for Autonomous Vehicles | Future Technology Series
Play When the era of autonomous driving comes, as the arrangement of seats becomes free and passengers can freely configure the interior space of the vehicle instead of driving. In order to fit the passenger’s all movement, check out Hyundai Motor Group’s patented Breathing Diamond System that creates interior lighting and temperature in the desired… Continue reading @Hyundai: Breathing Diamond System for Autonomous Vehicles | Future Technology Series
Why GM’s Mary Barra dismissed Cruise CEO Daniel Ammann – Automotive News
The split is an end to a long relationship between Barra and Ammann, who were the finalists for the top job at GM when Dan Akerson was looking for his replacement before retiring in 2014. Before GM’s board decided on Barra, the two candidates approached the directors and said that whoever didn’t get the top… Continue reading Why GM’s Mary Barra dismissed Cruise CEO Daniel Ammann – Automotive News