FCA Begins Work At Mirafiori On Vehicle-To-Grid Pilot Project

Work has begun at Mirafiori on the FCA-ENGIE Eps Vehicle-to-Grid pilot project The COVID-19 outbreak has not put a stop to the cooperation between Fiat Chrysler Automobiles and ENGIE Eps, nor to their commitment to support the deployment of electric mobility. Since the announcement with Terna in September of the intention to jointly experiment with… Continue reading FCA Begins Work At Mirafiori On Vehicle-To-Grid Pilot Project

Mapbox and SoftBank form joint venture to provide mapping tech to Japanese developers

SoftBank Corp. and Mapbox, the mapping data company that competes with Google and Here, announced that they have established a joint venture called Mapbox Japan. The JV will provide Mapbox’s mapping platform, including APIs and data services, to developers in Japan. Between June 1 and September 30, Mapbox Japan will also provide up to three… Continue reading Mapbox and SoftBank form joint venture to provide mapping tech to Japanese developers

Southeast Asian ride-hailer TADA announces extended Series A funding

MVLLABS (MVL), the parent company of zero-commission ride-hailing operator TADA, has announced the completion of a Series A extension round led by Shinhan Bank, one of South Korea’s largest commercial banks by assets. Other investors, including Samkee Automotive, an international die-casting specialist, and iloom, a South Korean home living and furniture brand, also participated in… Continue reading Southeast Asian ride-hailer TADA announces extended Series A funding

Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory

Xpeng Motors receives production license for its self-owned Zhaoqing factory Customer deliveries of Xpeng P7 to start in 2Q (Guangzhou, May 19, 2020) – Xpeng Motors, a leading electric vehicle and technology company, today announced that it has received the official production license from China’s Ministry of Industry and Information Technology for its new own-built,… Continue reading Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory

Renault Launches ZITY Car Sharing In Paris

ZITY DEPLOYS ELECTRIC CAR-SHARING SERVICE IN PARIS 500 Renault ZOE available for rental, 24 hours a day, 7 days a week, in the centre of Paris and Clichy. A free downloadable mobile application to reserve, access and return a vehicle easily. Competitive and flexible pricing, with no subscription or time constraints, to meet the different… Continue reading Renault Launches ZITY Car Sharing In Paris

Press: ZF secures additional liquidity

Technology group enters into an additional €1.35 billion credit facility Total amount increased as a result of positive response throughout syndication process Financial covenants adjusted due to high market volatility Friedrichshafen, Germany. ZF Friedrichshafen AG has increased its financial headroom with a new €1.35 billion syndicated credit facility. The facility strengthens the company’s liquidity and… Continue reading Press: ZF secures additional liquidity

Autonomous aviation startup Xwing raises $10M to scale its software for pilotless flights

Autonomous aviation startup Xwing locked in a $10 million funding round before COVID-19 hit. Now the San Francisco-based startup is using the capital to hire talent and scale the development of its software stack as it aims for commercial operations later this year — pending FAA approvals. The company announced Wednesday its Series A funding… Continue reading Autonomous aviation startup Xwing raises $10M to scale its software for pilotless flights

CORRECTED-At Fiat Chrysler’s Brazil plant, production resumes with safety checks

BETIM, Brazil (Reuters) – Before going to work these days, employees at the Brazilian unit of Fiat Chrysler Automobiles (FCHA.MI) have to get a health check using a mobile app every morning. Fiat Chrysler Automobiles assembly workers build a 2020 Argo, amid the spread of the coronavirus disease (COVID-19), at the Assembly Plant in Betim… Continue reading CORRECTED-At Fiat Chrysler’s Brazil plant, production resumes with safety checks

GM working on semi-autonomous Ultra Cruise to operate on all roads

General Motors Co. is working on a comprehensive Tesla-fighting Ultra Cruise semi-autonomous system for its passenger cars. And its fully autonomous Cruise Origin vehicle may moonlight delivering packages in addition to delivering people to their destinations. The revelations came from global product development chief Doug Parks, as he promised that GM’s vision for self-driving transportation is on track during the COVID crisis. GM’s Super… Continue reading GM working on semi-autonomous Ultra Cruise to operate on all roads