ANN ARBOR, Mich., Jan. 26, 2022 /PRNewswire/ — May Mobility, a leader in the development and deployment of autonomous vehicle (AV) technology, today announced the initial closing of its Series C round of funding with an investment of $83 million led by Mirai Creation Fund II – a SPARX Group Co., Ltd. managed fund that is renowned… Continue reading MAY MOBILITY ACCELERATES GROWTH WITH SERIES C FUNDING
Tag: Mobility
Baidu’s EV arm Jidu raises $400m in new funding round
Baidu’s electric vehicle (EV) arm Jidu Auto said on Wednesday that it had raised nearly $400 million from Baidu and Zhejiang Geely Holding Group in a fresh funding round. Jidu, an EV venture between China’s search engine company Baidu and Chinese automaker Geely, said in a statement that it would deliver its mass-produced “robot” cars in 2023.… Continue reading Baidu’s EV arm Jidu raises $400m in new funding round
@Hyundai: Hyundai Motor Group and JTC to Develop Smart Transport and Logistics Models for Singapore’s Jurong Innovation District
MOU partnership between Hyundai Motor Group and JTC to study and develop smart transport and logistics models for Singapore’s Next-Generation Industrial and Business Parks such as Jurong Innovation District The Group to review new mobility options, including Electric Vehicles (EVs) and Autonomous Vehicles (AVs), to optimise logistics routes, autonomous shuttle services and infrastructure The… Continue reading @Hyundai: Hyundai Motor Group and JTC to Develop Smart Transport and Logistics Models for Singapore’s Jurong Innovation District
Daily Crunch: Google dumps FloC plan, proposes new Topics API for ad targeting
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for January 25, 2022! Today our cup overflows with news. There’s simply too much going on to cover in a single newsletter, so I’ve tried to… Continue reading Daily Crunch: Google dumps FloC plan, proposes new Topics API for ad targeting
@GM: GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing January 25, 2022
GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing 8 million-square-foot facility in Lansing, Michigan expected to create 1,700 new manufacturing jobs Ultium Platform driving GM’s commitment to an all-electric future LANSING, Mich. – Ultium Cells, a joint venture of LG Energy Solution and General Motors, today… Continue reading @GM: GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing January 25, 2022
Ford starts production of its new all-electric E-Transit cargo van
Ford has started production of its electric E-Transit cargo vans at its factory in Kansas City, Missouri with the first deliveries expected in the next several weeks, Ford Pro North America general manager Tim Baughman told TechCrunch. Baughman’s comments follow Ford’s announcement earlier this month that it will nearly double production capacity of its upcoming electric… Continue reading Ford starts production of its new all-electric E-Transit cargo van
@VW Group: Audi exceeds 2021 CO2 fleet targets for Europe004510
Based on preliminary figures, Audi exceeded its fleet-wide CO2 emission targets for the European Union as well as Norway and Iceland in 2021. With a value of 122 g/km, the company fell well short of the legally required target value of 129 g/km. As a result, the brand made a positive contribution to the Volkswagen… Continue reading @VW Group: Audi exceeds 2021 CO2 fleet targets for Europe004510
General Motors will build a third EV battery factory in the US
General Motors announced a $7 billion investment in growing its electric vehicle manufacturing capabilities in Michigan, calling it “the single largest investment announcement in GM history.” The company will spend the money on four manufacturing sites, with plans to create 4,000 new jobs and retain another 1,000 in the state. The investment includes construction of… Continue reading General Motors will build a third EV battery factory in the US
Senmiao Technology Launches Ride-Hailing Platform in Shenyang, A Major City in Northeast China
CHENGDU, China, Jan. 25, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the launch of its proprietary online ride-hailing platform for drivers in Shenyang, China. Over… Continue reading Senmiao Technology Launches Ride-Hailing Platform in Shenyang, A Major City in Northeast China
Volkswagen and Bosch to collaborate on automated driving software
The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. REUTERS/Francois Lenoir Register now for FREE unlimited access to Reuters.com Register BERLIN, Jan 25(Reuters) – Volkswagen’s (VOWG_p.DE) software subsidiary Cariad and autos supplier Bosch have formed a partnership to… Continue reading Volkswagen and Bosch to collaborate on automated driving software