Singapore car-sharing player Smove files for liquidation

Singapore-based car-sharing player Smove has voluntarily entered liquidation, according to a regulatory filing by the company. The development was first reported by the Straits Times. A filing with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) confirmed the move. A call to Smove’s customer service line went unanswered and the company didn’t immediately respond to DealStreetAsia’s… Continue reading Singapore car-sharing player Smove files for liquidation

Valens’ VA7000 Automotive Family: Delivering Resilient, High-Speed, Long-Reach Sensor Connectivity

HOD HASHARON, Israel, June 4, 2020 /PRNewswire/ — Valens, the leader in high-speed in-vehicle connectivity, today announced the VA7000 family of automotive chipsets, which will deliver ultra-high-speed connectivity with the most resilient physical layer (PHY) for error-free links and high EMI immunity. The VA7000 chipsets will be the first in the industry to implement the MIPI… Continue reading Valens’ VA7000 Automotive Family: Delivering Resilient, High-Speed, Long-Reach Sensor Connectivity

@VW Group: Class #5 of Volkswagen’s incubator programme: Five start-ups make a virtual start to the next round

Volkswagen’s start-up program entered its fifth round today in Dresden. Five startups will work together with the Transparent Factory and the Volkswagen Group for six months. The launch of a new class of the “Future Mobility Incubator” took place virtually for the first time. The dates for the presentation in the Transparent Factory are currently… Continue reading @VW Group: Class #5 of Volkswagen’s incubator programme: Five start-ups make a virtual start to the next round

Didi Chuxing to Issue Coupons to Boost Domestic Travel

The coupons, which provide a maximum discount of 15 yuan ($2), can be accessed via the company’s app or a QR code from June 2 to 29.  Photo via Didi Chuxing.  Chinese ride-hailing group Didi Chuxing will issue e-coupons in an effort to boost domestic travel, Xinhua reports. The company told the news outlet that due to… Continue reading Didi Chuxing to Issue Coupons to Boost Domestic Travel

Ohio Carsharing Plan Put on Hold by COVID-19

An Ohio town carsharing scheme has been put on hold, as the public has not had ample opportunity to weigh in due to the coronavirus. According to The Chronicle, the Oberlin City Council’s plan with Sway Mobility of Shaker Heights would supply two electric vehicles, either Nissan Leafs or Chevy Bolts, a charging station, insurance,… Continue reading Ohio Carsharing Plan Put on Hold by COVID-19

Kitty Hawk ends Flyer program, shifts focus to once-secret autonomous aircraft

Kitty Hawk is shutting down its Flyer program, the aviation startup’s inaugural moonshot to develop an ultralight electric flying car designed for anyone to use. The company, backed by Google co-founder Larry Page and led by Sebastian Thrun, said it’s now focused on scaling up Heaviside, a sleeker, more capable (once secret) electric aircraft that… Continue reading Kitty Hawk ends Flyer program, shifts focus to once-secret autonomous aircraft

Fiat to test automatic switch to electric mode for its hybrid cars in Turin

MILAN (Reuters) – Fiat Chrysler is piloting a project in its historic Italian home of Turin to allow its hybrid plug-in cars to automatically switch to electric-only mode when entering congested city centers. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca… Continue reading Fiat to test automatic switch to electric mode for its hybrid cars in Turin

New Aston Martin CEO Calls Himself A “Strategist”, Aims To Replicate Mercedes-AMG Success – CarScoops

Soon-to-be former Mercedes-AMG boss Tobias Moers has managed to quadruple vehicle sales for Daimler’s performance division to a record 132,136 units last year, while also expanding the product line. Come August, he will take over for Andy Palmer as Aston Martin CEO and will look to reverse the fortunes of a cash-strapped carmaker that’s bet… Continue reading New Aston Martin CEO Calls Himself A “Strategist”, Aims To Replicate Mercedes-AMG Success – CarScoops

Indonesian decacorn Gojek snags funding from Facebook, PayPal

Southeast Asian ride-hailing decacorn Gojek has secured an unspecified amount of investment from Facebook and PayPal as part of its Series F funding round. Gojek’s existing backers Google and Tencent have also topped their investments in the company, according to an official statement. The latest capital injection has brought the company’s Series F round to… Continue reading Indonesian decacorn Gojek snags funding from Facebook, PayPal

Rivian makes cuts and names new chief operating officer

Amazon-backed EV startup Rivian has laid off about 40 employees at its engineering and design center in Plymouth, Michigan, The Verge has learned. The cuts, which the company has confirmed to The Verge, were made across departments and included engineers, recruiters, and others, according to two former employees. The company has also made a number… Continue reading Rivian makes cuts and names new chief operating officer