LONDON (Reuters) — Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) between 2022 and 2030 to develop battery electric vehicles (EVs), and be ready for an all-electric car market by the end of that period. Outlining its strategy for an electric future, the German luxury carmaker said on Thursday it… Continue reading Daimler aims to be ready for all-electric car market by 2030
Tag: Mobility
Ford, Lyft to Launch Self-Driving Car Network this Year
Lyft users within the defined service areas will be able to select a Ford self-driving vehicle to hail a ride. Photo: Argo AI Ford Motor Company is partnering with Argo AI and Lyft to create an autonomous ride hailing service, according to the companies’ press release. Argo AI and Ford will release self-driving Ford vehicles… Continue reading Ford, Lyft to Launch Self-Driving Car Network this Year
Faraday Future just became a publicly traded company
Electric vehicle startup Faraday future is a publicly traded company. It’s okay, I’ll give you a moment. I’ve been reporting on Faraday Future for four years and it has even stunned me a few times in recent weeks. But it’s true: today, the startup’s shares began trading on the Nasdaq stock exchange, and a fresh… Continue reading Faraday Future just became a publicly traded company
CF Finance Acquisition Corp. III Announces Registration Statement Effectiveness and Special Meeting Date to Approve Business Combination with AEye, Inc.
New York, NY and Dublin, CA (July 21, 2021): CF Finance Acquisition Corp. III (Nasdaq: CFAC) (“CF III”), a special purpose acquisition company sponsored by Cantor Fitzgerald, today announced that the Securities and Exchange Commission (the “SEC”) has declared effective its registration statement on Form S-4 in connection with its previously announced business combination with… Continue reading CF Finance Acquisition Corp. III Announces Registration Statement Effectiveness and Special Meeting Date to Approve Business Combination with AEye, Inc.
Self-driving leader Argo AI’s CEO explains how his new deal with Lyft helps the startup clear a critical hurdle
Robotaxis from Argo AI and Ford are coming to Miami this year and Austin in 2022. Lyft’s customer base and data made it an attractive partner, Argo CEO Bryan Salesky said. He’s looking forward to getting feedback from riders outside the company. Five years after its founding, Argo AI had an automated-driving system that had… Continue reading Self-driving leader Argo AI’s CEO explains how his new deal with Lyft helps the startup clear a critical hurdle
ZF Secures Nearly $6 Billion Axle Contract for Marysville, Michigan Facility
“This contract signifies a bright future for our plant, employees and community,” explained Wolfgang Moenig, vice president, product line axle drives North America, ZF Group. “We are committed to growing and developing business and products over time to meet our OE customers’ needs and support them in delivering high-quality systems to the driving public.” ZF… Continue reading ZF Secures Nearly $6 Billion Axle Contract for Marysville, Michigan Facility
Churchill Capital Corp IV Chairman and CEO Michael Klein and Lucid Motors CEO and CTO Peter Rawlinson to Host Investor Call Today at 11:30 AM to Discuss Lucid Business Combination and Importance of Voting as Soon as Possible
NEW YORK, July 22, 2021 /PRNewswire/ — Churchill Capital Corp IV (“Churchill IV” or “CCIV”) (NYSE: CCIV), a special purpose acquisition company, and Lucid Motors (“Lucid”), which is setting new standards for sustainable mobility with its advanced luxury EVs, announced today that they will host a live investor call on Thursday, July 22 at 11:30 a.m. ET… Continue reading Churchill Capital Corp IV Chairman and CEO Michael Klein and Lucid Motors CEO and CTO Peter Rawlinson to Host Investor Call Today at 11:30 AM to Discuss Lucid Business Combination and Importance of Voting as Soon as Possible
@Daimler: Mercedes-Benz prepares to go all-electric
All newly launched architectures will be electric-only from 2025 onwards. In 2025 Mercedes-Benz will launch three electric-only architectures. Mercedes-Benz will be ready to go all electric at the end of the decade, where market conditions allow. Mercedes-Benz to install battery cell capacity of more than 200 Gigawatt hours with partners, plans for eight Gigafactories. New… Continue reading @Daimler: Mercedes-Benz prepares to go all-electric
Chinese self-driving solutions provider CalmCar closes $150m Series C round …
CalmCar has secured about $150 million in a Series C round of financing as the Chinese startup, which provides autonomous driving vehicles with AI-based solutions and data services, is looking at an initial public offering (IPO) within 2022. In a statement on Thursday, CalmCar said that the Series C round was led by German auto… Continue reading Chinese self-driving solutions provider CalmCar closes $150m Series C round …
iCreate’s EVangelise 21: An EV Innovation Challenge to Catalyse Innovations in the 2W and 3W EV Segment in India
A total of INR 88.5 lakh will be given as assured cash prizes to winners across four innovation categories and three stages The top three winners will get cash prizes of INR 10 lakh, INR 7.5 lakh and INR 5 lakh respectively, besides assured incubation support of INR 50 lakh each, access to iCreate’s facilities,… Continue reading iCreate’s EVangelise 21: An EV Innovation Challenge to Catalyse Innovations in the 2W and 3W EV Segment in India