PRESS RELEASE Groupe Renault sets its new Strategy for ChinaGroupe Renault will focus in China on light commercial vehicles (LCV) and electric vehicles (EV).Groupe Renault will transfer its shares in Dongfeng Renault Automotive Company Ltd (DRAC) to Dongfeng Motor Corporation. DRAC will stop its Renault brand-related activities.LCV business is operated through Renault Brilliance Jinbei Automotive… Continue reading RENAULT: Groupe Renault sets its new Strategy for China
Tag: Mobility
Hyundai Mobis expands its technical center in Hyderabad, India to strengthen software development of future vehicles
It will set up the second technical center in a new IT complex near the first one in Hyderabad. Aiming to address the continuous expansion of automobile software development and secure stability Expected to strengthen its position as a software-specialized center SEOUL, South Korea, April 13, 2020 /PRNewswire/ — As part of its global R&D… Continue reading Hyundai Mobis expands its technical center in Hyderabad, India to strengthen software development of future vehicles
Former Uber exec raises $31M for his Jakarta-based logistics startup Kargo, announces relief fund to battle coronavirus
Kargo, a Jakarta-based logistics startup co-founded by veteran Uber Asia executive Tiger Fang, has raised $31 million to scale its business and help firms in the Southeast Asian nation fight the coronavirus. Silicon Valley-based Tenaya Capital, Sequoia India, Mirae Asset Management and Intudo Ventures among others financed Kargo’s Series A round. The startup, which has… Continue reading Former Uber exec raises $31M for his Jakarta-based logistics startup Kargo, announces relief fund to battle coronavirus
India: Logistics startup FarEye raising $24.5m from Microsoft’s M12, others
Tech-enabled logistics management startup FarEye, operated by RoboticWares Pvt. Ltd, is raising about $24.5 million in its Series D funding round led by Microsoft’s corporate venture fund M12. According to the company’s filings with the Registrar of Companies (RoC) sourced by Paper.vc, M12 will subscribe to 40,866 compulsorily convertible preference shares (CCPS) of RoboticWares for… Continue reading India: Logistics startup FarEye raising $24.5m from Microsoft’s M12, others
@GM: Baojun Reveals Interiors of E300 and E300 PLUS
Baojun Reveals Interiors of E300 and E300 PLUS 2020-04-10 SHANGHAI – Baojun has revealed additional photos of the interiors and more details of two new members of its electric vehicle lineup – the E300 and E300 PLUS. The E300 will be available with a choice of two or three seats, while the E300 PLUS will… Continue reading @GM: Baojun Reveals Interiors of E300 and E300 PLUS
KARMA AUTOMOTIVE DEBUTS ALL-NEW LEVEL 4 AUTONOMOUS VAN E-FLEX PLATFORM
VIEW ALL () x Apr 09,2020 Karma E-Flex Platform Supports Multiple Powertrain, Packaging and Vehicle Configurations The Second of Five E-Flex Platforms, SAE Level 4 Autonomous Van System Compatible with Both Two and Four Motor Propulsion Collaboration with WeRide and Selection of NVIDIA DRIVE AGX Pegasus Enables Autonomous Last Mile Transportation Irvine, Calif. (April 9,… Continue reading KARMA AUTOMOTIVE DEBUTS ALL-NEW LEVEL 4 AUTONOMOUS VAN E-FLEX PLATFORM
@Hyundai: Hyundai appoints J. Scott Drennan as Vice President of UAM Division
Drennan brings more than 25 years of experience in engineering and innovation with a focus in vertical take-off and landing (VTOL) aircraft Hyundai Motor Group is positioning itself to lead the UAM industry with the aim of bringing integrated smart mobility solutions to help vitalize cities and improve lives 3 April 2020 – Hyundai Motor… Continue reading @Hyundai: Hyundai appoints J. Scott Drennan as Vice President of UAM Division
@GM: GM to Share Face Mask Production Plans with Michigan Manufacturers Association and Original Equipment Suppliers Association
GM to Share Face Mask Production Plans with Michigan Manufacturers Association and Original Equipment Suppliers Association Due to surging demand for face masks, GM is also increasing production capability at its Warren, Michigan plant to fight COVID-19 pandemic 2020-04-09 DETROIT – Based on the overwhelming number of requests for face masks for frontline workers, GM… Continue reading @GM: GM to Share Face Mask Production Plans with Michigan Manufacturers Association and Original Equipment Suppliers Association
@Toyota: Toyota Research Institute’s Kelly Kay Is Transforming Mobility
Toyota Research Institute (TRI) Executive Vice President and Chief Financial Officer, Kelly Kay, is a proponent of change. So much so, she’s centered her entire career around helping companies transform and grow. Early in her career, which began in the banking industry, she helped move the company online at a time when no one else… Continue reading @Toyota: Toyota Research Institute’s Kelly Kay Is Transforming Mobility
Toyota to halt Indonesia production as Jakarta locks down
JAKARTA — Toyota Motor will temporarily shut down production in Indonesia, Nikkei learned Thursday, with the government ordering a partial lockdown in the capital to stem the spread of the novel coronavirus. Toyota will halt operations from Monday through April 17. Toyota subsidiary Daihatsu Motor is to suspend production for eight days starting Friday. Toyota’s annual output capacity in the country totals… Continue reading Toyota to halt Indonesia production as Jakarta locks down