Sono Group N.V. (parent company to “Sono Motors GmbH”, “Sono Motors” or the “Company”) today announced that it has commenced an initial public offering of 10,000,000 common shares. The initial public offering price is expected to be between $14.00 and $16.00 per share. The Company intends to grant the underwriters a 30-day option to purchase… Continue reading @niche: Sono Motors Announces Launch of Initial Public Offering001388
Tag: Mobility
India: Zoomcar raises $92m led by US-based SternAegis Ventures
SternAegis acted as the exclusive placement agent for this offering and ThinkEquity acted as a special advisor. Zoomcar intends to use the proceeds from this financing to grow its car-sharing marketplace in India and markets across Asia and the MENA region. It said it will continue to invest in its advanced engineering and data science… Continue reading India: Zoomcar raises $92m led by US-based SternAegis Ventures
The Station: Nuro scoops up new investors, Rivian gets sued and ride-hailing inches towards profitability
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 central hub for all past, present and future means of moving people and packages from Point A to Point B. The… Continue reading The Station: Nuro scoops up new investors, Rivian gets sued and ride-hailing inches towards profitability
Senmiao Technology Announces $5 Million Private Placement
CHENGDU, China, Nov. 8, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that it has entered into a securities purchase agreement (the “SPA”) with certain institutional investors for a… Continue reading Senmiao Technology Announces $5 Million Private Placement
Atlis Motor Vehicles Forms Strategic Partnership To Recycle Lithium-ion Batteries
MESA, Ariz., Nov. 8, 2021 /PRNewswire/ — Atlis Motor Vehicles (ATLIS), a startup mobility technology company, announced today that it has entered into an agreement with Li-Cycle Corp. (Li-Cycle), an industry leader in lithium-ion battery resource recovery, and the leading lithium-ion battery recycler in North America. ATLIS is developing a fully electric vehicle platform, proprietary battery cells… Continue reading Atlis Motor Vehicles Forms Strategic Partnership To Recycle Lithium-ion Batteries
@Daimler: Daimler Mobility and Visa form global technology partnership
From spring 2022, Visa’s technology will allow Mercedes-Benz customers in Europe to pay for goods and services by using their fingerprint in the car. Daimler aims to make the car a payment device to initiate two-factor authentication. Stuttgart/London – As a result of a new global technology partnership between Daimler Mobility and Visa, Daimler will… Continue reading @Daimler: Daimler Mobility and Visa form global technology partnership
Apple hires top Tesla exec who apparently ‘disagreed’ with CEO Elon Musk
Apple has reportedly hired another top Tesla executive. Apple has reportedly hired another top Tesla executive. According to a report in Bloomberg News, the company has hired Christopher ‘CJ’ Moore who’s been the director for Tesla’s Autopilot Software since 2019. Apple is widely speculated to be working on self-driving car. The project is codenamed Project… Continue reading Apple hires top Tesla exec who apparently ‘disagreed’ with CEO Elon Musk
Greaves Electric Mobility sells over 7,500 units in October
Greaves Electric Mobility New Delhi: Greaves Electric Mobility, the e-mobility arm of Greaves Cotton Limited, on Monday said it sold over 7,500 units in October. However, the company did not break down the sales number to specify the number of two wheelers and three wheelers sold. During August this year, it said it had sold… Continue reading Greaves Electric Mobility sells over 7,500 units in October
Williams Advanced Engineering and Castrol to co-develop EV fluids
L-R” Paul McNamara, Technical Director WAE and Rebecca Yates, VP (Advanced Mobility), Castrol Williams Advanced Engineering (WAE) and Castrol have entered into a five-year technical partnership to co-develop high performance Electric Vehicle (EV) Fluids. As part of the agreement, Castrol will become the official supplier of EV Thermal Fluids for WAE’s growing electrification programmes and… Continue reading Williams Advanced Engineering and Castrol to co-develop EV fluids
@BMW: BMW Group at COP 26 UN Climate Summit in Glasgow: “No more waiting. No more clever tactics. It’s time to act. Now!”001571
Munich/Glasgow. It is a commitment born of tradition and responsibility: The BMW Group has attended every UN climate summit since 2008. At this year’s COP 26 in Glasgow, the company once again sees itself as a provider of innovative mobility solutions in the fight against climate change. The BMW Group brought along the BMW i… Continue reading @BMW: BMW Group at COP 26 UN Climate Summit in Glasgow: “No more waiting. No more clever tactics. It’s time to act. Now!”001571