Alliance Ventures closely monitors the Mobility innovation ecosystem – Autonomous Driving Alliance Ventures’ 5 Innovation Territories Alliance Ventures focuses its strategic investments over 5 Innovation Territories which have been closely tracked since 2018: New Mobility Autonomous Driving Electric Vehicle, Cleantech & Energy Connected Servicess Enterprise 2.0 Our insights on the Autonomous Driving Innovation Ecosystem We… Continue reading @Renault-Nissan-Mitsubishi: Alliance Ventures closely monitors the Mobility innovation ecosystem – Autonomous Driving
Tag: Mobility
@Renault-Nissan-Mitsubishi: Chinese driverless car company WeRide launches self-driving vans for deliveries
PORTFOLIO NEWS China-based autonomous driving startup WeRide announced in Summer 2021 that it will deepen joint development with Nissan of autonomous driving technology for the Chinese market. The announcement comes as the company raised $310 million to reach a valuation of $3.3 billion. Led by founder Tony Han, the company is developing Level 4 autonomous… Continue reading @Renault-Nissan-Mitsubishi: Chinese driverless car company WeRide launches self-driving vans for deliveries
@Groupe PSA: PR Stellantis Publishes 2021 Annual Report and Files Form 20-F and Provides Calendar of Proposed Dividend Distribution003336
AMSTERDAM – Stellantis N.V. announced today that it published its 2021 Annual Report and filed its 2021 Form 20-F with the United States Securities and Exchange Commission. Stellantis’ Annual Report and Form 20-F are available under the Investors section of the Stellantis corporate website at www.stellantis.com, where they can be viewed and downloaded1. Shareholders may request… Continue reading @Groupe PSA: PR Stellantis Publishes 2021 Annual Report and Files Form 20-F and Provides Calendar of Proposed Dividend Distribution003336
Yamaha sharpens India focus for mobility services
India finds an interesting mention in Yamaha Motor Co’s medium-term management plan (2022-24) presented in Japan on February 10. “In the area of mobility services, we will establish new companies in India and Nigeria and expand our asset management business through collaborations with local partners.” The significance of this statement is still not clear though… Continue reading Yamaha sharpens India focus for mobility services
EXCLUSIVE Uber revamps driver pay algorithm in large U.S. pilot to attract drivers, article with image
The Uber Hub is seen in Redondo Beach, California, U.S., March 25, 2019. REUTERS/Lucy Nicholson/File Photo Register now for FREE unlimited access to Reuters.com Register Feb 25 (Reuters) – Uber Technologies Inc (UBER.N) is testing a new driver earnings algorithm in 24 U.S. cities that allows drivers to see pay and destinations before accepting a… Continue reading EXCLUSIVE Uber revamps driver pay algorithm in large U.S. pilot to attract drivers, article with image
@GM: Building on Commitment to Equitable Climate Action, General Motors Announces Doubling of its Climate Equity Fund
Building on Commitment to Equitable Climate Action, General Motors Announces Doubling of its Climate Equity Fund 2022-02-14 GM commits an additional $25 million to equitable climate action through its Climate Equity Fund Additional investment reinforces the urgency of ensuring an equitable and just transition to an all-electric future GM’s Climate Equity Fund has supported 21… Continue reading @GM: Building on Commitment to Equitable Climate Action, General Motors Announces Doubling of its Climate Equity Fund
@Groupe PSA: PR New appointments in Faurecia’s Executive Committee003330
Texte Faurecia today announced the following appointments within its Executive Committee: Effective July 1st, 2022, Olivier Durand is appointed Executive Vice-President, Group Chief Financial Officer. He will succeed Michel Favre who is appointed HELLA Chief Executive Officer by the Shareholder Committee of HELLA, as of July 1st, 2022. Olivier Durand will continue to supervise the… Continue reading @Groupe PSA: PR New appointments in Faurecia’s Executive Committee003330
Driverless truck startup TuSimple settles U.S. security probe
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Valeo launches its Move Up plan, a value creation strategy built on the sustainable mobility megatrends
Outperformance for original equipment sales of more than 5 percentage points per year on average over the 2021-2025 period EBITDA margin of around 14.5% by 2025 Free cash flow generation of between 800 million and one billion euros in 2025 Divestiture of 500 million euros’ worth of non-strategic assets over the term of the plan Optimized… Continue reading Valeo launches its Move Up plan, a value creation strategy built on the sustainable mobility megatrends
Singapore-based micromobility startup Beam secures $93M Series B, enters new markets
Beam, a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. The fresh capital, which brings its total funding raised to $135 million, was led by Affirma Capital, with participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDB… Continue reading Singapore-based micromobility startup Beam secures $93M Series B, enters new markets