Tag: Mobility

BlackRock joins e-car charging venture Ionity in $788 million funding round

Ionity did not provide a detailed breakdown of the funding round, in which existing investors Volkswagen, Daimler, BMW, Ford and Hyundai also participated. BlackRock, the world’s largest money manager, has joined electric vehicle charging (EV) venture Ionity in a 700 million euro ($788 million) funding round, providing a much-needed cash injection to speed up construction… Continue reading BlackRock joins e-car charging venture Ionity in $788 million funding round

Einride founder Robert Falck on his moral obligation to electrify autonomous trucking

Robert Falck used to work at a Russian trucking factory by day, and by night, he built a nightclub guest list startup. He also collects old books, and once guessed that Chinese author Gao Xingjian would win the Nobel Prize in literature. He grew up on a farm, but has degrees in finance, economics and… Continue reading Einride founder Robert Falck on his moral obligation to electrify autonomous trucking

Volvo Cars Tech Fund invests $2M in optics and imaging startup Spectralics

The venture arm of Volvo Cars, an automaker long synonymous with safety, has invested in an optics and imaging startup developing technology that can be integrated into a car’s windshield or windows to deliver images to drivers and passengers. Volvo Cars Tech Fund invested $2 million into optics and imaging developer Spectralics, funds it will… Continue reading Volvo Cars Tech Fund invests $2M in optics and imaging startup Spectralics

Redouble efforts to support electric vehicle market and automotive sector competitiveness, says SMMT President

UK automotive sector calls for decisive action on infrastructure and competitiveness as it counts the cost of a second year of Covid impacts Significant challenges remain, from semiconductor shortages to charge point availability. Industry and government collaboration key to future sector and market competitiveness. As the automotive sector accelerates the introduction of zero-emission vehicles, despite… Continue reading Redouble efforts to support electric vehicle market and automotive sector competitiveness, says SMMT President

@VW Group: French financial market regulator AMF approves takeover bid for Europcar004246

Wolfsburg, London, Amsterdam, November 23, 2021 – The Volkswagen Group, together with its partners Attestor Limited and Pon Holdings B.V., has reached an important milestone in the planned acquisition of Europcar: The French financial market regulator Autorité des marchés financiers (AMF) today approved the takeover offer of Green Mobility Holding S.A. for the shares of… Continue reading @VW Group: French financial market regulator AMF approves takeover bid for Europcar004246

ABB orders AFC Energy fuel cell systems for high-power EV charging

ABB has placed an order with AFC Energy for its S Series hydrogen fuel cell system. The order is worth £4 million, and the system is scheduled for delivery in early 2023. ABB will use the first 200 kW S Series system, which can be fueled with either hydrogen or ammonia, for high-power EV charging,… Continue reading ABB orders AFC Energy fuel cell systems for high-power EV charging

Valeo Introduces Its Third Generation LiDAR

DETROIT, Nov. 23, 2021 /PRNewswire/ — Valeo, the global leader in advanced driving assistance systems (ADAS), has introduced its third generation scanning LiDAR system set for market debut in 2024. The new technology offers significantly enhanced performance, makes autonomous mobility a reality and provides previously unseen levels of road safety. Geoffrey Bouquot, Valeo’s senior vice president… Continue reading Valeo Introduces Its Third Generation LiDAR

With its new generation LiDAR, Valeo makes autonomous mobility a reality

PARIS, Nov. 23, 2021 /PRNewswire/ — Valeo, the global leader in driving assistance systems (ADAS), today presented its third generation scanning LiDAR, set to make its market debut in 2024. This new technology, which offers significantly enhanced performance, makes autonomous mobility a reality and provides previously unseen levels of road safety. Geoffrey Bouquot, Valeo’s Senior… Continue reading With its new generation LiDAR, Valeo makes autonomous mobility a reality

LA-Based Mocean Carshare Ends Service

Vulog CEO Gregory Ducongé announced its involvement in Mocean’s technology in 2019 just before the company launched. Photo by Chris Brown. Hyundai’s carsharing venture, Mocean, announced it will be ending service at the end of 2021, according to an email the company sent on Nov. 22. The final day members can take a carshare trip is Dec. 27.… Continue reading LA-Based Mocean Carshare Ends Service