@Hyundai: Hyundai and Kia Develop World’s First ICT Connected Shift System

Information and communication technology (ICT) automatically shifts to optimal gear based on road and traffic conditions ahead Improves driving comfort and fuel efficiency by minimizing unnecessary shifts through predictive gear-shifting control system Future developments to include consideration of driver’s preferences and traffic signal status Hyundai Motor Company and Kia Motors Corporation announced today that they… Continue reading @Hyundai: Hyundai and Kia Develop World’s First ICT Connected Shift System

Autonomous yard trucking startup Outrider comes out of stealth with $53 million in funding

The 400,000 distribution yards located in the U.S. are critical hubs for the supply chain. Now one startup is aiming to make the yard truck — the centerpiece of the distribution yard — more efficient, safer and cleaner, with an autonomous system. Outrider, a Golden, Colo. startup previously known as Azevtec, came out of stealth… Continue reading Autonomous yard trucking startup Outrider comes out of stealth with $53 million in funding

Dacia Confirms Geneva Debut Of EV Concept

Meet us on 3rd & 4th March 2020 to discover the latest news from Renault, Alpine and Dacia Boulogne-Billancourt, February 18, 2020 – As a pioneer and leader in electric vehicles in Europe, Renault will present its electric concept car MORPHOZ illustrating its vision of future mobility. New Twingo Z.E. and New Mégane Estate E-TECH Plug-in will make… Continue reading Dacia Confirms Geneva Debut Of EV Concept

@BMW: Open Manufacturing Platform expands: Anheuser-Busch InBev, BMW Group, Bosch, Microsoft and ZF team up to accelerate manufacturing innovation at scale.

Anheuser-Busch InBev, BMW Group, Bosch Group, Microsoft, ZF Friedrichshafen AG named OMP steering committee members OMP was established in 2019 as an independent initiative under the umbrella of the Joint Development Foundation First working groups created: IoT Connectivity, Semantic Data Model, Industrial IoT Reference Architecture, and Core Services for Autonomous Transport Systems Berlin/company location, February… Continue reading @BMW: Open Manufacturing Platform expands: Anheuser-Busch InBev, BMW Group, Bosch, Microsoft and ZF team up to accelerate manufacturing innovation at scale.

@Tata: The newly launched National Automotive Innovation Centre (NAIC), at the University of Warwick, in Coventry, one of Europe’s largest automotive research and development facilities

18 February, 2020 The newly launched National Automotive Innovation Centre (NAIC), at the University of Warwick, in Coventry, one of Europe’s largest automotive research and development facilities HRH The Prince of Wales unveils plaque of the National Automotive Innovation Centre (NAIC) (L to R) Dr. Ralf Speth, CEO, Jaguar Land Rover Automotive PLC, Mr. Guenter… Continue reading @Tata: The newly launched National Automotive Innovation Centre (NAIC), at the University of Warwick, in Coventry, one of Europe’s largest automotive research and development facilities

Cabify Beats Uber, Lyft to Profitable Sustainability

Cabify says it is the first mobility company in the sector that is financially sustainable. Photo via Cabify. Cabify, a Spanish mobility as a service (MaaS) copany, achieved for the first time, in the last quarter of 2019, an operating profit or EBITDA for $3 million dollars.  Cabify’s consolidated net revenues in 2019 amounted to $104 million, up 11% from… Continue reading Cabify Beats Uber, Lyft to Profitable Sustainability

Uber shuts its Los Angeles office and reportedly lays off about 80 people

Uber is closing its Los Angeles office, reportedly laying off about 80 staff members. According to the Los Angeles Times, the staff were informed, without warning, that their jobs would be shifted to Manila in the Philippines. The ride-hailing giant has reportedly culled more than 1,000 workers since going public last May. Earlier this month,… Continue reading Uber shuts its Los Angeles office and reportedly lays off about 80 people

Daimler AG proposes Timotheus Höttges for election to the Supervisory Board

STUTTGART, Germany, Feb. 19, 2020 /PRNewswire/ — Daimler AG proposes Timotheus Höttges for election to the company’s Supervisory Board. On the basis of a recommendation by the Nomination Committee, the Supervisory Board of Daimler AG has decided to propose to the Annual General Meeting that Timotheus Höttges be elected to the Supervisory Board as a member… Continue reading Daimler AG proposes Timotheus Höttges for election to the Supervisory Board

@Tata-JLR: Why we invested in Digital Motors, the automotive e-commerce platform

Digital Motors today announced their latest funding round, led by Autotech Ventures with participation from InMotion Ventures, OpenRoad Auto Group, Maryann Keller and Ryan Kerrigan. The press release can be found here. Sebastian Peck, Managing Director of InMotion Ventures, explores why we invested in Digital Motors. In 2019, global retail e-commerce exceeded 3.52 trillion US… Continue reading @Tata-JLR: Why we invested in Digital Motors, the automotive e-commerce platform

@Renault: GENEVA INTERNATIONAL MOTORSHOW 2020 – GROUPE RENAULT: THE ELECTRIC OFFENSIVE

Meet us on 3rd & 4th March 2020 to discover the latest news from Renault, Alpine and Dacia   Boulogne-Billancourt, February 18, 2020 – As a pioneer and leader in electric vehicles in Europe, Renault will present its electric concept car MORPHOZ illustrating its vision of future mobility. New Twingo Z.E. and New Mégane Estate… Continue reading @Renault: GENEVA INTERNATIONAL MOTORSHOW 2020 – GROUPE RENAULT: THE ELECTRIC OFFENSIVE