Tata Motors losses have widened for the third consecutive quarter and the automotive bellwether has posted a consolidated loss of Rs 4,442 crore for in Q2FY2022 compared to a loss of Rs 314 crore in Q2FY2021. The net revenue however came in higher at Rs 61,379 crore, up 14.7 percent from Q2FY2021 revenue of Rs 53,530 crore.… Continue reading Tata Motors losses expand on supply side concerns
Tag: Mobility
Autobrains Raises $101M in Series C Funding
Autobrains Founder and CEO, Igal Raichelgauz. Autobrains (formerly known as Cartica AI), a Tel Aviv, Israel-based developer of self-learning artificial intelligence technology for assisted and autonomous driving, raised $101m in Series C financing. The round was led by Singaporean Temasek, with participation from new investors Knorr-Bremse AG and VinFast, as well as existing investor BMW and Continental AG.… Continue reading Autobrains Raises $101M in Series C Funding
The Station: Amazon reveals Rivian stake, the Tesla FSD saga continues and Aurora snaps up a CIG startup
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 spooktacular central hub for all past, present and future means of moving people and packages from Point A to Point B.… Continue reading The Station: Amazon reveals Rivian stake, the Tesla FSD saga continues and Aurora snaps up a CIG startup
Honda Strengthens Commitment to Corporate Social Responsibility in America; Strategy Includes New Charitable Funding Opportunities
“By aligning our CSR strategy around key areas of our societal commitment, Honda is taking steps toward our goal of helping people reach their life’s potential,” said Yvette Hunsicker, vice president of the Corporate Social Responsibility and Inclusion & Diversity Divisions, American Honda Motor Co., Inc. “We are committed to making positive and lasting change… Continue reading Honda Strengthens Commitment to Corporate Social Responsibility in America; Strategy Includes New Charitable Funding Opportunities
Autobrains Announces $101 Million Series C Funding Led by Temasek
Autobrains, developer of self-learning AI for autonomous driving raised $101 million in Series C financing. Tweet this Today’s announcement reflects anticipation from global leaders, including Tier 1 suppliers and OEMs, as well as sophisticated investment funds, that Autobrains is disrupting the advanced driver-assistance systems (ADAS) and autonomous vehicle marketplace with its alternative approach to AI… Continue reading Autobrains Announces $101 Million Series C Funding Led by Temasek
NIO Inc. Provides October 2021 Delivery Update
NIO delivered 3,667 vehicles in October 2021, decreasing by 27.5% year-over-year due to restructuring and upgrades of manufacturing lines and preparation of new products introduction Cumulative deliveries of the ES8, ES6 and EC6 as of October 31, 2021 reached 145,703 SHANGHAI, China, Nov. 01, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE:… Continue reading NIO Inc. Provides October 2021 Delivery Update
China EV Sales: Xpeng Deliveries Triple, Stock Retakes Buy Point, Li Sales Double, Nio Tumbles
Motley Fool Why Is Honda Chasing Tesla’s CEO Into Space? Elon Musk’s Tesla (NASDAQ: TSLA) achieved a $1 trillion valuation earlier this week as the electric car company continued to disrupt the established car industry with new technologies such as autonomous driving software, solar power, and rechargeable batteries. Perhaps inspired by this success, Honda Motor… Continue reading China EV Sales: Xpeng Deliveries Triple, Stock Retakes Buy Point, Li Sales Double, Nio Tumbles
Alpha Motor Corporation ACE Coupe and JAX Crossover Announced As 2021 The ZEVAS Finalists
IRVINE, Calif., Nov. 1, 2021 /PRNewswire/ — The Alpha Motor Corporation ACE Coupe and JAX Crossover are Finalists for the Los Angeles Auto Show’s inaugural zero-emission vehicle awards program – THE ZEVAS™ – powered by Electrify America. The final round of voting for THE ZEVAS will be open today, Monday, November 1 and end on Thursday,… Continue reading Alpha Motor Corporation ACE Coupe and JAX Crossover Announced As 2021 The ZEVAS Finalists
Atlis Motor Vehicles Forms Strategic Collaboration With EAVX To Develop Electric Commercial Work Trucks
MESA, Ariz., Nov. 1, 2021 /PRNewswire/ — Atlis Motor Vehicles (ATLIS), a startup mobility technology company, announced today the signing of a Strategic Collaboration Agreement with the JB Poindexter & Co business unit EAVX to develop electric commercial work truck products that integrate EAVX bodies and accessories with the ATLIS XP platform. ATLIS is developing a fully electric… Continue reading Atlis Motor Vehicles Forms Strategic Collaboration With EAVX To Develop Electric Commercial Work Trucks
BorgWarner to Supply European OEM with SiC Inverters for New Electric Vehicles
AUBURN HILLS, Mich., Nov. 1, 2021 /PRNewswire/ — BorgWarner announced today that its 400V Silicon Carbide (SiC) inverter has been selected to help power various models of a European OEM’s battery electric vehicles. The inverter features dual-sided cooled power switches, providing a significant breakthrough in support of vehicle electrification and offering OEMs superior operational characteristics such… Continue reading BorgWarner to Supply European OEM with SiC Inverters for New Electric Vehicles