Chinese tech giant Alibaba Group Holding Ltd. is reported to have bought a US$3 billion stake in bike sharing firm ofo from GSR Ventures. According to multiple Chinese media reports, Ou Chengxiao, brother-in-law of GSR’s managing partner Allen Zhu, stated in an open course he teaches that GSR sold its entire stake in ofo to… Continue reading Alibaba Said To Buy $3B Stakes In Chinese Bike Sharing Firm Ofo From GSR
Tag: Mobility
China Digest: Kintor Pharma, CalmCar, MLog, Yida Media raise funding
January 15, 2018 Five Chinese startups have raised a total of $81.6 million from venture capital and private equity companies in China, according to a China Money Network report. Kintor Pharmaceuticals raises $44 million Series C Chinese pharmaceutical research company Suzhou Kintor Pharmaceutical Inc has raised $44 million in a Series C funding round led by… Continue reading China Digest: Kintor Pharma, CalmCar, MLog, Yida Media raise funding
Chao promises 'tech-neutral' robot car approach
CLOSE United States Secretary of Transportation Elaine Chao talks about the future of technology in the automobile industry at Cobo Center during a press event at the Detroit Auto Show. Daniel Mears, The Detroit News United States Secretary of Transportation Elaine L. Chao speaks in the Cobo Center Atrium in Detroit, Michigan on January 14,… Continue reading Chao promises 'tech-neutral' robot car approach
Why We Need Electric Vehicle Concepts, + The RAESR & Its Wild Tachyon Speed
January 14th, 2018 by Nicolas Zart No doubt about it, proof-of-concept cars are cool, but rarely practical. Despite their unobtainium status, they are nonetheless very much needed. Here’s why. The RAESR Wild Tachyon Speed Proof Of Concept Mainstream car manufacturers would be happy if nothing changed. They modestly change the four-wheel people haulers every year… Continue reading Why We Need Electric Vehicle Concepts, + The RAESR & Its Wild Tachyon Speed
Top Automotive Industry News for Week of January 8 – January 14, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 8, 2018 – January 14, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 Detroit Auto Show Preview: Here’s What to Expect (Car &… Continue reading Top Automotive Industry News for Week of January 8 – January 14, 2017
Ford reveals all-new Ranger
Show Thumbnails Show CaptionsLast SlideNext Slide The Ranger’s body features a high beltline that emphasizes strength, while a raked grille and windshield provide an athletic appearance, designed to aid in aerodynamics and reduce wind noise.(Photo: Ford) Ford Motor Co. pulled the curtain off the new 2019 Ranger, bringing the midsize pickup back to North America… Continue reading Ford reveals all-new Ranger
Live: Ford reveals all-new Ranger
The Ranger’s body features a high beltline that emphasizes strength, while a raked grille and windshield provide an athletic appearance, designed to aid in aerodynamics and reduce wind noise.(Photo: Ford) Ford Motor Co. pulled the curtain off the new 2019 Ranger, bringing the midsize pickup back to North America for the first time since 2011.… Continue reading Live: Ford reveals all-new Ranger
Trump official: Self-driving cars must benefit rural communities, not just cities
Transportation Secretary Elaine Chao.(Photo: Brendan Smialowski, AFP/Getty Images) DETROIT — A top Trump administration official said it’s vital for the auto industry to ensure that self-driving cars help improve life in rural communities and not just urban areas. Transportation Secretary Elaine Chao also hailed the “tremendous potential” of self-driving vehicles to improve automotive safety and drive economic… Continue reading Trump official: Self-driving cars must benefit rural communities, not just cities
U.S. transit chief to unveil revised self-driving car guidelines
DETROIT (Reuters) – The Trump administration plans to unveil revised self-driving car guidelines this summer as the government works to rewrite regulations that pose legal barriers to robot vehicles, U.S. Transportation Secretary Elaine Chao said on Sunday. Chao said the revised guidelines would address not only self-driving automobiles but also “barriers to the safe integration… Continue reading U.S. transit chief to unveil revised self-driving car guidelines
Car hacking remains a very real threat as autos become ever more loaded with tech
CLOSE Should you be worried about a car being hacked? USA TODAY’s Jefferson Graham and Chris Woodyard break it down. Model cars run in a city miniature at the Elektrobit booth to show how software for highly automated driving works during CES 2018 on January 9, 2018 in Las Vegas, Nevada. (Photo: Alex Wong, Getty… Continue reading Car hacking remains a very real threat as autos become ever more loaded with tech