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 …
Tag: Mobility
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
@Ford: OCTO Telematics and Ford Team Up to Provide More Accurate Auto Insurance Risk Scores
OCTO’s DriveAbility® Score, the most predictive insurance risk score in the market, to leverage Ford connected car data BOSTON, MA / DETROIT, MI (July 22, 2021)—-OCTO Telematics today announced a new agreement with Ford Motor Company. By leveraging Ford’s connected vehicle data, OCTO will extend its market-leading predictive insurance risk score, OCTO DriveAbility® Score. The… Continue reading @Ford: OCTO Telematics and Ford Team Up to Provide More Accurate Auto Insurance Risk Scores
Daimler to invest more than 40 billion euros by 2030 in electric vehicles
By Nick Carey 3 Min Read 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. Slideshow ( 2 images ) Outlining its strategy for an… Continue reading Daimler to invest more than 40 billion euros by 2030 in electric vehicles
How Formula E helps ABB develop new e-mobility products
Global electronics giant ABB is involved in many aspects of the electromobility industry, from charging infrastructure to batteries to utility integration to robotics. It’s quite fitting that ABB is the lead corporate sponsor of Formula E, the all-electric racing series that’s now in its seventh season. Charged met with several ABB executives at the recent… Continue reading How Formula E helps ABB develop new e-mobility products
Cruise expects GM to begin production of new driverless vehicle in early 2023 – CNBC
Cruise expects GM to begin production of new driverless vehicle in early 2023 CNBC Go to Source
Venti Technologies Raises $8M in Seed Funding
Venti Technologies, a Boston, MA-based provider of safe-speed autonomous logistics systems, raised approximately $8m in seed funding. The round was led by LDV Partners and Alpha JWC Ventures. Representatives of the two lead investors, Lake Dai, Partner, LDV Partners , and Chandra Tjan, co-founder and General Partner, Alpha JWC, joined the Venti Board. The company intends to use… Continue reading Venti Technologies Raises $8M in Seed Funding
@Ford: Ford Leaders to Discuss Results for Second-Quarter 2021, Outlook for Full Year During Fireside Chat With Barclays
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Leaders to Discuss Results for Second-Quarter 2021, Outlook for Full Year During Fireside Chat With Barclays
@GM: GM Announces 2021 Q2 Earnings Conference Call Details July 21, 2021
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Auto software company Sonatus raises $35 million from Hyundai Motor Group, SAIC Capital
California-grown automotive software company Sonatus raised $35 million in a Series A round that attracted high-profile technology and automotive industry companies including Hyundai Motor Group’s Kia Corporation, SAIC Capital and LG Electronics. Silicon Valley VC Translink Capital led the round, with other investors including Marvell Technology, UMC Capital and Wanxiang Group Company. Sonatus, which was… Continue reading Auto software company Sonatus raises $35 million from Hyundai Motor Group, SAIC Capital