Anxiety levels were high last year too leading up to the Auto Expo 2020 at Greater Noida, near Delhi. The announcement did not come entirely as a surprise in the context of the pandemic but it is, perhaps, introspection time for the organisers of the Delhi Auto Expo. The key players here are SIAM (Society… Continue reading Reinventing the Auto Expo
Tag: Mobility
China’s Geely Automobile first-half profit climbs 4% on recovery in sales
By Reuters Staff 2 Min Read BEIJING (Reuters) -China’s Geely Automobile Holdings Ltd warned on Wednesday of a potential short-term performance hit due to a global chip shortage and a resurgence in COVID-19 cases, but kept its annual sales target, betting on new product launches. FILE PHOTO: The Geely Automobile Holdings logo is pictured at… Continue reading China’s Geely Automobile first-half profit climbs 4% on recovery in sales
Brazil’s Kovi closes $104M Series B to make car ownership ‘more inclusive’ in LatAm
We sometimes take for granted that most anyone who wishes to become say, an Uber driver, can do so. But that assumption is a narrow view considering there are many people who would love to earn income in that way but can’t because of lack of car ownership (and all that goes with it) —… Continue reading Brazil’s Kovi closes $104M Series B to make car ownership ‘more inclusive’ in LatAm
S Korean online secondhand marketplace Danggeun Market raises $162m
South Korea’s Danggeun Market, the company behind secondhand marketplace Karrot, has raised $162 million in a Series D led by DST Global, the investment firm headed by billionaire Yuri Milner. Aspex Management and Reverent Partners joined the round while existing investors such as Goodwater Capital, Altos Ventures, SoftBank Ventures Asia, Kakao Ventures, Strong Ventures and… Continue reading S Korean online secondhand marketplace Danggeun Market raises $162m
SoftBank co-leads Chinese self-driving vehicle firm’s series B round
To date, Neolix has deployed and delivered nearly 1,000 autonomous vehicles in nine countries and over 30 cities worldwide. Go to Source
@VW Group: Tradition on a New Course003684
The DKV Mobility Services Group combines a rich tradition with a future-oriented course. Founded more than 85 years ago, it has helped shape the European mobility sector in farsighted ways. Today it is Europe’s leading B2B mobility services provider, trusted by small enterprises and major trucking operations alike. Taxi companies, doctors’ offices, gardeners, and bakers—anyone… Continue reading @VW Group: Tradition on a New Course003684
@VW Group: When software writes software003683
Even today, cars are very much rolling computers. They contain a network of electronic control units (ECUs), with between 70 and 100 being installed in every modern vehicle. These computing units control fuel injection, regulate braking behaviour and monitor the air conditioning system. The next step will be HCPs (High Performance Computing Platforms), which will… Continue reading @VW Group: When software writes software003683
SoftBank Ventures Asia co-leads Series B funding in Chinese self-driving startup Neolix
Neolix Technologies, a Chinese autonomous vehicle startup for the logistics industry, has announced raising an undisclosed amount in its Series B funding round co-led by SoftBank Ventures Asia and CICC Capital. Existing shareholders Yunqi Capital and Glory Ventures also participated in the funding round that will finance the enhancement of Neolix’s range of services as… Continue reading SoftBank Ventures Asia co-leads Series B funding in Chinese self-driving startup Neolix
@Hyundai: Hyundai Motor Group Launches ‘EnableLA’ to Assist People with Mobility Barriers in Los Angeles
Kia Telluride and Hyundai Palisade SUVs modified to allow wheelchair access Group’s Universal Mobility Project aims to serve people with special mobility needs through smart mobility solutions Group working with World Economic Forum to examine guidelines for universal mobility Hyundai Motor Group announced today the launch of EnableLA, a new universal mobility service to assist… Continue reading @Hyundai: Hyundai Motor Group Launches ‘EnableLA’ to Assist People with Mobility Barriers in Los Angeles
Extra Crunch roundup: The Nuro EC-1, early-stage growth tactics, understanding Salesforce+
In 2010, Google’s autonomous vehicle project placed self-driving cars on Bay Area streets and freeways, but practical applications were thought to be at least a decade away. The futurists were right on schedule: In 2020, Mountain View-based Nuro was testing its second-generation R2 robotic vehicle, the first to earn a federal exemption to operate an… Continue reading Extra Crunch roundup: The Nuro EC-1, early-stage growth tactics, understanding Salesforce+