Indian ride-hailing app Ola to open £100m electric car facility in Coventry New boost to UK auto industry after tech giant and scooter maker invests in R&D plant to develop electric vehicles Ola claims to be the world’s third-largest ride-hailing app. It also makes an electric road-going scooter. Photograph: Manjunath Kiran/AFP/Getty Images Ola claims to… Continue reading Indian ride-hailing app Ola to open £100m electric car facility in Coventry
Tag: Mobility
Musk’s bets on Tesla: no human drivers this year, robots next
Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Tesla’s most important products this year and next will not be cars, CEO Elon Musk said on Wednesday, but software that drives… Continue reading Musk’s bets on Tesla: no human drivers this year, robots next
@niche: NAVYA and VALEO partner to develop a unique safety system for the commercialization of level 4 autonomous vehicles001599
Villeurbanne, France, January 27th, 2022 – 07:30 am CET – NAVYA (FR0013018041- Navya), and VALEO are extending their collaboration and […] Villeurbanne, France, January 27th, 2022 – 07:30 am CET – NAVYA (FR0013018041- Navya), and VALEO are extending their collaboration and are combining their know-how as part of the French government’s 4th Investment Program for… Continue reading @niche: NAVYA and VALEO partner to develop a unique safety system for the commercialization of level 4 autonomous vehicles001599
Switch Mobility closing in on $200 million fund raise, says Dheeraj Hinduja – Economic Times
Switch Mobility, the electric vehicle arm of India’s second-largest truck maker Ashok Leyland, is in the final stages of raising $200 million dollars at a valuation of over $1.4 to $1.8 billion to fund its capex plans. The deal announcement is expected within 8-12 weeks. Nearly 70 investors from the US, Europe and the Middle… Continue reading Switch Mobility closing in on $200 million fund raise, says Dheeraj Hinduja – Economic Times
07:00 ETDana Introduces Brevini™ S-Series Gearboxes Customized for Biogas Production, Wastewater Treatment ApplicationsDana Incorporated (NYSE: DAN) t…
MAUMEE, Ohio, Jan. 26, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced the launch of Brevini™ S-Series industrial planetary gearboxes specifically engineered to address the durability and reliability requirements of biogas production and wastewater treatment facilities. Available now, Brevini S-Series gearboxes with maximum output torques up to 290 kNm are customized to drive the mixing… Continue reading 07:00 ETDana Introduces Brevini™ S-Series Gearboxes Customized for Biogas Production, Wastewater Treatment ApplicationsDana Incorporated (NYSE: DAN) t…
Cowboy raises $80M to take its e-bike business up a gear
The pandemic spurred a boom in electric bikes and other alternative urban transportation modes as city dwellers looked for less-crowded ways to get around their streets quickly and easily without resorting to cars. Now, one of the companies that benefitted from that trend is announcing a big round of funding to expand its business. Cowboy,… Continue reading Cowboy raises $80M to take its e-bike business up a gear
Autonomous trucking startup TuSimple gets a million-square-foot facility at AllianceTexas
Real estate developer Hillwood is making a large bet on autonomous trucking taking off. Global autonomous driving tech company TuSimple is getting a 1-million-square-foot facility at Hillwood’s 27,000-acre AllianceTexas development in North Fort Worth. It will have launch pads and landing pads for autonomous trucks that use TuSimple’s Autonomous Driving System. TuSimple trucks drive on… Continue reading Autonomous trucking startup TuSimple gets a million-square-foot facility at AllianceTexas
GM, Ford CEOs push EV credits and chip funding at White House
Washington — General Motors Co. CEO Mary Barra and Ford Motor Co. CEO Jim Farley urged passage of President Joe Biden’s social safety net and climate policy bill at the White House Wednesday. Barra and Farley attended a meeting with Biden, eight other CEOs and administration officials to discuss how the president’s agenda would help their businesses… Continue reading GM, Ford CEOs push EV credits and chip funding at White House
@Toyota: Toyota Tsusho Invests in May Mobility, a leader in autonomous vehicle technology and shuttle operations- Contributing to the Creation of a Safe and Comfortable Mobility Society through Autonomous Vehicle Technology –
Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it has executed an investment in Series C Funding Round of May Mobility, Inc. (“May Mobility”), an Ann Arbor, Michigan-based startup that is developing autonomous vehicle technology and operating autonomous shuttle services*1 in North America and Japan. This funding round was led by Mirai Creation Fund II… Continue reading @Toyota: Toyota Tsusho Invests in May Mobility, a leader in autonomous vehicle technology and shuttle operations- Contributing to the Creation of a Safe and Comfortable Mobility Society through Autonomous Vehicle Technology –
Automotive Lobbying Group Abandons the Term “Self-Driving”
The training wheels are starting to come off. The Self-Driving Coalition for Safer Streets, a Washington, DC-based lobbying group representing a number of auto industry heavyweights, has renamed itself to the “Autonomous Vehicle Industry Association” (AVIA), a notable shift away from the term “self-driving,” The Verge reports. While the group didn’t directly mention Tesla in its… Continue reading Automotive Lobbying Group Abandons the Term “Self-Driving”