Making the government’s focus clear in terms of its transition to the next phase of mobility for India, NITI Aayog CEO Amitabh Kant delivered an all-encompassing keynote address at Autocar Professional’s EV Forum which kicked off on September 22. He said, “(India) should target for 100 percent electrification of new two- and three-wheelers sales in… Continue reading Amitabh Kant: ‘Financial viability of EVs has made them more accessible to the masses.’
Tag: Mobility
Warehouse robotics startup HAI ROBOTICS secures $200M funding
The C round funding was led by 5Y Capital with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International and Scheme Capital. The D round funding, the third capital infusion for the company in 2021, was led by Capital Today with some existing investors, including Sequoia Capital China, 5Y Capital, Source Code Capital,… Continue reading Warehouse robotics startup HAI ROBOTICS secures $200M funding
Bosch and ITK Engineering launch new platform freelancernetwork
Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch and ITK Engineering launch new platform freelancernetwork
May Mobility to launch AV shuttle in Ann Arbor
Pontiac — May Mobility, Mcity at the University of Michigan and economic development group Ann Arbor SPARK are launching a free autonomous vehicle shuttle service in Ann Arbor, the organizations announced Tuesday. The shuttle, dubbed A2GO, will begin providing rides on Oct. 11 in five autonomous on-demand cars. The fleet includes four hybrid-electric Lexus RX 450h vehicles… Continue reading May Mobility to launch AV shuttle in Ann Arbor
@VW Group: Porsche launches new open source initiative003864
21/09/2021 To meet the challenges of the future, it is essential that Porsche embraces software as one of its core competencies. The company already uses open source software widely and now, thanks to a newly created control process, employees can even more easily participate in its development and publish code on the GitHub development platform.… Continue reading @VW Group: Porsche launches new open source initiative003864
Ola’s EV entry gives spark to price war
While demand is rising for electric two-wheelers, the supply of parts from China has been hit, which is hampering volumes. Ride-hailing firm Ola’s entry into the electric two-wheeler space has triggered a price war in the segment. EV players like Ather, Okinawa, Pure EV, Simple Energy and traditional two-wheeler makers such as TVS Motor Co,… Continue reading Ola’s EV entry gives spark to price war
@Groupe PSA: PR Executive Management Change002511
AMSTERDAM – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that Mike Manley will step down from his role as Head of Americas for Stellantis to take up the role of CEO at AutoNation Inc., America’s largest automotive retailer based in Florida, from November 1, 2021. Mark Stewart (Chief Operating Officer, North… Continue reading @Groupe PSA: PR Executive Management Change002511
Uber adjusts third-quarter forecast in light of increased gross bookings
Uber said Tuesday that it could hit one measure of profitability in the third quarter, earlier than expected, as the ride-hailing company saw gains in its delivery and mobility businesses. The ride-hailing service told regulators in a filing this morning that it anticipated an increase in gross bookings and stronger adjusted EBITDA in the quarter… Continue reading Uber adjusts third-quarter forecast in light of increased gross bookings
Local Motors continues growth as Vikrant Aggarwal becomes Chief Executive Officer
CHANDLER, Ariz., Sept. 21, 2021 /PRNewswire/ — Local Motors announced today that President and COO, Vikrant Aggarwal, became the company’s Chief Executive Officer. The change comes as Local Motors has demonstrated market traction with global commercial deployments of Olli, its electric autonomous shuttle. Prior to joining Local Motors, Vikrant spent two decades at Cummins in a… Continue reading Local Motors continues growth as Vikrant Aggarwal becomes Chief Executive Officer
AEye Achieves Significant Milestone, Extends LiDAR IP Leadership with More than 100 Patents Filed Globally
Patents Uniquely Span Intelligent System Architecture, Modular Hardware, and Software Underlying AEye’s Adaptive LiDAR System “We set out to build a flexible architecture that could be expanded and adapted over time, adding new innovations. Our IP strategy, we believe, places us years ahead of others building single use hardware. We will continue to push forward aggressively with… Continue reading AEye Achieves Significant Milestone, Extends LiDAR IP Leadership with More than 100 Patents Filed Globally