Nuro and 7-Eleven to pilot autonomous delivery service in California

Convenience store giant 7-Eleven is pairing up with Nuro to pilot a commercial delivery service using autonomous vehicles in the Silicon Valley enclave of Mountain View, California. The service, which customers can access beginning December 1 through 7-Eleven’s 7NOW delivery app, will initially use Nuro’s self-driving Priuses. Eventually, the service will use Nuro’s R2 delivery… Continue reading Nuro and 7-Eleven to pilot autonomous delivery service in California

China’s Biggest Carmaker Eyes $157 Million for Mobility Division

(Bloomberg) — SAIC Motor Corp. is planning a fresh round of fundraising for its mobility service platform Xiangdao Chuxing, according to people familiar with the matter, as it seeks to stay competitive amid shifts in the automotive industry. Most Read from Bloomberg China’s biggest carmaker, which counts Volkswagen AG and General Motors Co. as partners,… Continue reading China’s Biggest Carmaker Eyes $157 Million for Mobility Division

AWS launches new services for the automotive industry

At its annual re:Invent conference, AWS today announced two new initiatives for the automotive industry. One is a new product, AWS FleetWise, a new service that makes it easier for automakers to collect and retrieve sensor and telemetry data from their vehicle fleets. The other is AWS Automotive, a broader, industry-specific initiative that brings together… Continue reading AWS launches new services for the automotive industry

Mercedes-Benz partners Factorial Energy to develop solid-state battery tech

L-R: Markus Schafer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG and Siyu Huang, co-founder and CEO of Factorial Energy. En route towards a fully electric future, Mercedes-Benz is joining forces with US-based Factorial Energy to jointly develop next-generation battery technology with the aim of testing prototype cells as early as… Continue reading Mercedes-Benz partners Factorial Energy to develop solid-state battery tech

@BMW: Endurance test on ice and snow: The BMW i7 undergoes driving dynamics testing at the polar circle.001625

Munich. With the consistent expansion of its range to further vehicle segments, the BMW Group is pushing ahead with the transformation to electric mobility. During the forthcoming year, the Munich-based premium automobile manufacturer will already present the world’s first all-electric luxury sedan – the BMW i7 (power consumption combined: 22.5 – 19.5 kWh/100 km according… Continue reading @BMW: Endurance test on ice and snow: The BMW i7 undergoes driving dynamics testing at the polar circle.001625

WM Motor Secures US$152 Million Series D2 Financing Led by Agile Group

SHANGHAI and HONG KONG, Nov. 30, 2021 /PRNewswire/ — WM Motor Holdings Limited (“WM Motor,” the “Group” or the “Company”), a dominant smart EV player in China’s mainstream market, today announced a Series D2 financing of US$152 million led by Agile Group Holdings Limited (“Agile”), an integrated conglomerate specializing in property development and management in China.… Continue reading WM Motor Secures US$152 Million Series D2 Financing Led by Agile Group

Pininfarina reveals Foxconn’s 750hp Model E with 750km range at Hong Kong MotorXpo

Italian styling studio Pininfarina has taken the covers off its new creation, the electric Model E sedan sedan for Hai Technology Group (Foxconn), at the International MotorXpo Hong Kong (IMXHK) 2021. Foxconn is a global leader in smart manufacturing and is diversifying into electric vehicles.The Model E will be on display from December 1-5 in… Continue reading Pininfarina reveals Foxconn’s 750hp Model E with 750km range at Hong Kong MotorXpo

Deals · 4:42 PM UTCVolkswagen CEO, under fire over strategy, positive over recent talksVolkswagen CEO Herbert Diess, currently under heavy fire from u…

Volkswagen CEO Herbert Diess looks on during his visit to Volkswagen’s electric car plant in Zwickau, Germany, June 23, 2021. REUTERS/Matthias Rietschel/File Photo Register now for FREE unlimited access to reuters.com Register Volkswagen CEO takes positive tone at manager meeting Supply chain easing and outlook on the up, Diess said Discussions underway to assemble ID.3… Continue reading Deals · 4:42 PM UTCVolkswagen CEO, under fire over strategy, positive over recent talksVolkswagen CEO Herbert Diess, currently under heavy fire from u…

@BMW: BMW i Ventures Leads Series B Financing Round of Nanocoating Technology Company, actnano.001622

 Mountain View, CA – November 30, 2021… BMW i Ventures today announced a lead investment in the Series B financing round of actnano, a company that has developed a next-generation nanocoating that offers unparalleled protection for electronics across the automotive and consumer electronics markets. actnano’s nanoGUARD technology is a thin nano structure that is sprayed directly on… Continue reading @BMW: BMW i Ventures Leads Series B Financing Round of Nanocoating Technology Company, actnano.001622

@BMW: Next-gen Nanocoatings Offering Unparalleled Electronics Protection: our investment in actnano001621

We are thrilled to announce our lead investment in the Series B financing round of actnano. Actnano has developed a gel-based, hydrophobic nanocoating that enables protection of electronics from environmental degradation with greater reliability and at a cheaper cost than both conventional and emerging coating alternatives. With its coating technology, actnano has set a new… Continue reading @BMW: Next-gen Nanocoatings Offering Unparalleled Electronics Protection: our investment in actnano001621