Tag: Mobility

Electric robotaxis may not be the climate solution we were led to believe

For years, we’ve been told that electric autonomous taxis can help fight climate change by reducing air pollution. But new research from Harvard Law School suggests these supposedly “zero emissions” vehicles could actually exacerbate many of the problems we are facing today. A new study led by Ashley Nunes, a fellow at the Labor and… Continue reading Electric robotaxis may not be the climate solution we were led to believe

SoftBank-backed ride-sharing company Ola said to prepare for up to $1b India IPO

Indian ride-sharing giant Ola plans to raise up to $1 billion through an initial public offering (IPO) and is finalising banks to advise on the fund-raise, three sources told Reuters, becoming the latest startup to join the capital markets boom. Ola, backed by Japan’s SoftBank Group, has roped in Citigroup, two people with direct knowledge of the… Continue reading SoftBank-backed ride-sharing company Ola said to prepare for up to $1b India IPO

TRADE X Announces US$10 Million in Equity Funding to Continue Global Expansion

Additional US$10 million equity funding from other strategic investors in a subsequent close to Aimia’s US$35 million raise completes the company’s target funding size of US$45 million TORONTO, Aug. 30, 2021 /PRNewswire/ –Trade X Group of Companies Inc. (TRADE X), a global B2B automotive trading platform, today announced it has completed its financing round as… Continue reading TRADE X Announces US$10 Million in Equity Funding to Continue Global Expansion

Guidehouse Insights Ranks Gogoro As The Global Leader In Light Electric Vehicle Battery Swapping

“Gogoro has differentiated itself from the competition through its early and compelling vision for light EV battery swapping,” says Ryan Citron, senior research analyst with Guidehouse Insights.  “It offers an extensive product portfolio across the battery swapping supply chain, a strong track record on quality and performance in its product line, and an unmatched partner… Continue reading Guidehouse Insights Ranks Gogoro As The Global Leader In Light Electric Vehicle Battery Swapping

Valens Semiconductor Announces Effectiveness of Registration Statement for Proposed Business Combination with PTK Acquisition Corp.

PTK’s common stock is currently traded on NYSE under the symbol “PTK.” PTK’s warrants are currently traded on NYSE under the symbol “PTK.W” and PTK’s units issued in connection with PTK’s initial public offering that have not separated are currently traded on NYSE under the symbol “PTK.U.”  Upon completion of the transaction, the combined company… Continue reading Valens Semiconductor Announces Effectiveness of Registration Statement for Proposed Business Combination with PTK Acquisition Corp.

ACMA’s Vinnie Mehta: ‘Chip shortage a reality we have to deal with’

The global semiconductor shortage does not seem to get addressed any time soon. According to Vinnie Mehta, director general, ACMA, its impact may continue even in 2022. The SIAM and ACMA annual conventions held last week reiterated the need for increasing localisation, particularly with regard to electronic and semiconductor components, where India is a big… Continue reading ACMA’s Vinnie Mehta: ‘Chip shortage a reality we have to deal with’

@Renault: Dacia Jogger: Dacia’s all-new 7-seater family car in the starting blocks000280

THE OUTDOOR FAMILY CAR UP TO 7 SEATS BY DACIA With 5 or 7 seats, the Dacia Jogger is the best companion for (large) families. Versatile, it goes with all family members in their daily adventures and their trips in the nature. With the pragmatic spirit that characterises it, Dacia offers a vehicle that allows… Continue reading @Renault: Dacia Jogger: Dacia’s all-new 7-seater family car in the starting blocks000280

Autos & Transportation · 12:03 PM UTCToyota to restart self-driving Olympic village vehicles with more safety staffToyota Motor (7203.T) said on Monda…

Toyota Motor Corporation President Akio Toyoda, shows the e-Palette autonomous concept vehicle at the Tokyo Motor Show, in Tokyo, Japan October 23, 2019. REUTERS/Edgar Su/File Photo Aug 30 (Reuters) – Toyota Motor (7203.T) said on Monday it would resume operations of its self-driving e-Palette pods at the Tokyo Paralympic Games village with greater operator control… Continue reading Autos & Transportation · 12:03 PM UTCToyota to restart self-driving Olympic village vehicles with more safety staffToyota Motor (7203.T) said on Monda…

Bajaj Chetak, TVS iQube see strong demand, April-July sales cross FY2021 numbers

While the Bajaj Chetak has clocked sales of 1,723 units in the first 4 months of FY2022 (FY2021: 1,395), the TVS iQube has gone home to 1,486 buyers (FY2021: 1,061). Longstanding IC engine players Bajaj Auto and TVS Motor Co, which have plugged into the India electric mobility story, are witnessing increasing demand for their… Continue reading Bajaj Chetak, TVS iQube see strong demand, April-July sales cross FY2021 numbers