Jan 10 (Reuters) – Daimler AG-backed (DAIGn.DE) car sharing marketplace Turo Inc on Monday made public its filing for a stock market flotation in the United States and disclosed its finances for the first time, revealing a 207% jump in revenue. The San Francisco-based company confidentially filed for an initial public offering in August last… Continue reading Car sharing platform Turo files to go public in U.S.
Tag: Mobility
Aptiv to Release Fourth Quarter 2021 Financial Results and 2022 Outlook
DUBLIN, Jan. 14, 2022 /PRNewswire/ — Aptiv PLC (NYSE: APTV), will release its fourth quarter 2021 financial results and 2022 outlook on February 3, and will hold an investor call the same day at 8:00 a.m. EST. The call will be hosted by Aptiv’s President and Chief Executive Officer, Kevin Clark, and Chief Financial Officer and Senior Vice… Continue reading Aptiv to Release Fourth Quarter 2021 Financial Results and 2022 Outlook
Hero Motocorp to invest over $56m in Indian EV startup Ather Energy …
Indian two-wheeler vehicle maker Hero Motocorp Ltd said on Friday it would invest up to 4.20 billion rupees ($56.66 million) in electric vehicle (EV) startup Ather Energy as it looks to expand its presence in the green mobility space. The company, which held 34.8% in Ather Energy prior to the investment, said its new stake in the startup would… Continue reading Hero Motocorp to invest over $56m in Indian EV startup Ather Energy …
DENSO Develops Global Safety Package 3 to Improve Vehicle Sensing
The Global Safety Package uses the combined performance of a millimeter-wave radar sensor and vision sensor to assist the driver in controlling the vehicle safely. The millimeter-wave radar sensor detects the shapes of road objects, such as vehicles and guardrails, while the vision sensor uses a camera to detect the environment ahead of the vehicle.… Continue reading DENSO Develops Global Safety Package 3 to Improve Vehicle Sensing
Establishing a long-term alliance with J.B. Hunt for autonomous trucking
2021 was a watershed year for Waymo Via when it came to deep industry collaboration, and 2022 will be no different. Starting the year off strong, we’re expanding our relationship with J.B. Hunt and entering into a long-term, strategic alliance to commercialize autonomous driving technology for trucking transportation together. This builds on the great success… Continue reading Establishing a long-term alliance with J.B. Hunt for autonomous trucking
EVage raises $28M to be a driving force in India’s commercial EV revolution
A congruence of factors in India — notably, climate change policies, fuel costs and skyrocketing demand for e-commerce — has set up ideal conditions for startups like all-electric commercial vehicle startup EVage. The startup, which has already supplied five EV trucks to Amazon India’s Delivery Service Partner and plans to provide “in the thousands” more… Continue reading EVage raises $28M to be a driving force in India’s commercial EV revolution
Local Motors, the startup behind the Olli autonomous shuttle, has shut down
Local Motors, the company that crowdsourced and built the Olli autonomous shuttle as well as the Rally Fighter, will be shutting down operations by Friday, according to several posts from various employees on LinkedIn. The company has yet to release an official statement, but many employees are already openly looking for new work. “I am… Continue reading Local Motors, the startup behind the Olli autonomous shuttle, has shut down
@BMW: BMW i Ventures Invests in Y Combinator Alum HeyCharge to Amplify EV Charging Rollout at Residential Locations001690
Munich/ Mountain View, Calif. BMW i Ventures announced today a lead investment in HeyCharge, the German start-up democratizing access to electric vehicle (EV) charging stations in apartment complexes, office buildings and other infrastructure locations. HeyCharge was inY Combinator’s Summer 2021 batch of start-ups. “The rapid growth of the electric vehicle market in coming years will… Continue reading @BMW: BMW i Ventures Invests in Y Combinator Alum HeyCharge to Amplify EV Charging Rollout at Residential Locations001690
@BMW: BMW M GmbH enters its anniversary year with a new sales high.001689
Munich. For the third time in a row, BMW M GmbH ended the financial year as the global market leader in the performance and high-performance car segment. Indeed, the company posted record sales once again in 2021. A total of 163,542 BMW M cars were delivered to customers worldwide last year, a 13 percent increase on 2020.… Continue reading @BMW: BMW M GmbH enters its anniversary year with a new sales high.001689
Veoneer’s Research Tech Talk “Trust in Collaborative – and Self-Driving – What’s Next?” Published Virtually
STOCKHOLM, Jan. 13, 2022 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), has published its 2022 Research Tech Talk, “Trust in Collaborative – and Self-Driving – What’s Next?”, where thought leaders discuss the power and potential of the expanding world of Augmented Driving and what it will take to continue evolving… Continue reading Veoneer’s Research Tech Talk “Trust in Collaborative – and Self-Driving – What’s Next?” Published Virtually