2021-08-31 | Herzogenaurach new owner plans to continue operations at the site with all employees Further growth potential with new owner Planned sale congruent with Schaeffler’s portfolio strategy Global automotive and industrial supplier Schaeffler has signed a contract to sell the Clausthal-Zellerfeld site to ift-whitecell engineering gmbh, a subsidiary of Whitecell Power AG. The transaction… Continue reading Schaeffler Group sells Clausthal-Zellerfeld site to ift-whitecell engineering gmbh
Tag: Mobility
@Geely: Tue 31 Aug 2021Lotus Technology global HQ established in China as future Lotus EV product plan unveiledLotus Technology has officially launched its gl…
Global ‘intelligent technology’ subsidiary of Group Lotus launched Will accelerate innovation and oversee manufacture of exciting new Lotus lifestyle models for global markets Four new electric models from Lotus in next five years – including all-new electric sports car in 2026 Lotus SUV – the Type 132 – will be first, launching in 2022 All-new… Continue reading @Geely: Tue 31 Aug 2021Lotus Technology global HQ established in China as future Lotus EV product plan unveiledLotus Technology has officially launched its gl…
Ola looks to raise $2b from its IPO early next year
Ola is eyeing a valuation of up to US$14 billion in the listing, the Economic Times reported. Go to Source
Eight Sleep Raises $86M in Series C Funding
Eight Sleep, a Miami, FL-based sleep fitness company, closed an $86M Series C funding round. The round was led by Valor Equity Partners, with participation from other funds, including SoftBank, Khosla Ventures, Founders Fund, and General Catalyst. Antonio Gracias, Valor’s Founder, CEO, and CIO, joined the Eight Sleep Board. Mr. Gracias sits on the boards… Continue reading Eight Sleep Raises $86M in Series C Funding
@Hyundai: Collaboration between Lightweight Deep Learning Algorithm and Hardware (feat. MIT Song Han)
Hello. My name is Sang-hoon Shin, a senior researcher at Hyundai Motor Group. I would like to introduce our ongoing collaborative research with the good news that SPVCNN++, the output of MIT (Massachusetts Institute of Technology) HAN Lab sponsored by Hyundai Motor Group, won first place in the AI Driving Olympics. I would like to… Continue reading @Hyundai: Collaboration between Lightweight Deep Learning Algorithm and Hardware (feat. MIT Song Han)
Automotive Digital Key Market records a CAGR of over 7% by 2025| 17000+ Technavio Reports
NEW YORK, Aug. 30, 2021 /PRNewswire/ — According to the latest market research report on Automotive Digital Key Market from Technavio, the market is expected to expand at a healthy CAGR of over 7%. The growth can be mainly attributed to the increasing demand for car-sharing and car rental services. Understand the driving forces behind Automotive Digital… Continue reading Automotive Digital Key Market records a CAGR of over 7% by 2025| 17000+ Technavio Reports
Schaeffler presents chainless electric drive system “Free Drive” for bicycles
2021-08-30 | Herzogenaurach/Friedrichshafen “Bike-by-wire” technology offers potential for new business areas in the field of micromobility Free Drive further demonstrates the company’s status as preferred mobility partner in the field of electrified drives Robust system provides maximum flexibility in the vehicle architecture with even less wear Networked, flexible, sustainable, and environmentally friendly: New mobility trends… Continue reading Schaeffler presents chainless electric drive system “Free Drive” for bicycles
Elon Musk’s Loop gets Autopilot — and an intruder
Less than two weeks after its official launch, The Boring Company’s Loop system in Las Vegas had its first security breach. On June 21, the morning of the final day of the International Beauty Show, an “unauthorized vehicle” joined the system’s fleet of Tesla taxis underground, emails between the Loop’s operations manager and a Clark… Continue reading Elon Musk’s Loop gets Autopilot — and an intruder
Prive has raised $1.7 million to build a more configurable e-commerce subscription platform
Prive, a months-old, San Francisco-based startup founded by two former Uber product managers, just raised $1.7 million in pre-seed funding to create what it describes as a far more customizable e-commerce subscriptions platform for D2C brands. The round was co-led by Patrick Chung and Brandon Farwell at XFund and Ben Ling from Bling Capital, with… Continue reading Prive has raised $1.7 million to build a more configurable e-commerce subscription platform
Paragon Continues To Be A Committed Pioneer For Urban Air Taxi Movement In Brownsville
BROWNSVILLE, Texas, Aug. 30, 2021 /PRNewswire/ — Paragon VTOL Aerospace, lead innovators in vertical takeoff and landing technology (VTOL), continue to make forward strides for intra-city transport, committing to 50 VTOLs for urban air taxi movement in Brownsville, Texas to begin in 2025. This commitment, momentous for the City of Brownsville, would enable the city to… Continue reading Paragon Continues To Be A Committed Pioneer For Urban Air Taxi Movement In Brownsville