Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO

By Nadine Schimroszik, Douglas Busvine 3 Min Read BERLIN (Reuters) – German air taxi startup Volocopter plans to raise fresh funds from investors, its Chief Executive Florian Reuter said on Thursday, adding that a deal to go public via a special purpose acquisition company (SPAC) was one option. FILE PHOTO: A Volocopter air taxi performs… Continue reading Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO

World NM: SK, Geely to jointly chip in for fund for mobility solutions001001

SK Holdings Co., the holding firm of the South Korean energy-to-telecom conglomerate. SK Holdings and Geely will each chip in $30 million for the proposed fund, and draw the rest to be financed from global investors, including European banks and Asian pension funds. SK Group has a portfolio ranging from semiconductors and batteries to energy… Continue reading World NM: SK, Geely to jointly chip in for fund for mobility solutions001001

German Handelsblatt: Auto supplier: ZF surprises with billions in orders for electric mobility001647

ZF electric motor At the beginning of the year, the automotive supplier bundled its electrical activities in a new division. (Photo: dpa) Stuttgart The automotive supplier ZF is making faster progress in the transformation than expected in the industry. By the end of 2020, ZF had won orders for purely electric drive components with a… Continue reading German Handelsblatt: Auto supplier: ZF surprises with billions in orders for electric mobility001647

@niche: Internationally Renowned Top Executive Joins Sono Motors as CTO000638

Sono Motors is on a mission to enable a revolutionary mobility system, where every electric vehicle is solar, shared, and independent from fossil-fuels. Today, an experienced specialist team is developing a forward-looking electric car that is suitable for daily use, with integrated solar cells and innovative mobility services, the Sion. Both, the integrated solar technology… Continue reading @niche: Internationally Renowned Top Executive Joins Sono Motors as CTO000638

Daily Crunch: Uber to classify UK drivers as workers

Uber changes driver classification following a legal defeat in the U.K., Facebook says it will crack down on rule-breaking Groups and Snap makes an e-commerce acquisition. This is your Daily Crunch for March 17, 2021. The big story: Uber to classify UK drivers as workers Following a Supreme Court ruling, Uber said it will classify… Continue reading Daily Crunch: Uber to classify UK drivers as workers

Hyundai Motor Reveals Additional Design Details of STARIA

“STARIA is Hyundai’s first mass-produced vehicle model that is designed with the ‘inside-out’ design approach, said SangYup Lee, Senior Vice President and Head of Global Hyundai Design. “STARIA will provide a completely new experience and value proposition to customers through its unprecedented design and innovative features.” STARIA’s overall look is based on an ‘inside-out’ approach,… Continue reading Hyundai Motor Reveals Additional Design Details of STARIA

@VW Group: Volkswagen lays the foundations for success in 2021002648

Volkswagen again invested heavily in future technologies in 2020, spending a total of EUR 2.7 billion during a year overshadowed by Covid-19. The brand is thus laying the foundations for getting its new ACCELERATE strategy off to a successful start. The first milestones will be achieved this year. Volkswagen anticipates a big e-mobility push, with… Continue reading @VW Group: Volkswagen lays the foundations for success in 2021002648

@Toyota: The Aygo X prologue, a New Vision for the A-segment

Aygo has been consistently recognised for its bold, stand-out design in the A-segment for city cars. Now ED2, Toyota’s European design headquarters in the South of France, is determined to offer small car customers even more boldness and spice. For most of the 21st century, Toyota has been a leader in the European A-segment. Committing… Continue reading @Toyota: The Aygo X prologue, a New Vision for the A-segment

Shuchi partners with HPCL to set up EV charging points across retail fuel pumps

The company is also gearing up to provide charging as a service for buses as well as freight vehicles for last-mile logistics,” Co-founder and Executive Director at Fourth Partner Energy Saif Dhorajiwala said. Bengaluru: Shuchi Anant Virya on Wednesday announced its partnership with Hindustan Petroleum Corporation Limited (HPCL) to set up a pan-India network of… Continue reading Shuchi partners with HPCL to set up EV charging points across retail fuel pumps

@BMW: BMW Group becomes first premium manufacturer to publish Integrated Group Report000960

Munich. The BMW Group is embarking on a new chapter in its reporting: For the first time, it will be combining its Annual Report and its Sustainable Value Report for the reporting year 2020 in a single Integrated BMW Group Report. After the Board of Management redefined the company’s central sustainability goals in 2020, integrated… Continue reading @BMW: BMW Group becomes first premium manufacturer to publish Integrated Group Report000960