Ellesmere Port to become Stellantis’s first manufacturing site dedicated to battery electric LCV and passenger car models for Vauxhall, Opel, Peugeot and Citroën Industrial performance improvements as a result of strong cooperation between the company, the Unite Union and, most importantly, the workforce Stellantis £100 million investment supported by the UK government to secure an… Continue reading @Groupe PSA: PR Ellesmere Port will support sustainable mobility through the production of an all-electric vehicle, starting in 2022002052
Tag: Mobility
@BMW: Xometry IPO -Transforming custom manufacturing across the globe001269
Last week, Xometry celebrated its initial public offering, a huge milestone for the Maryland company that began 8 years ago with the ambitious mission of applying cutting-edge technologies to bring efficiency and speed to one of the largest and most important industries in the world: manufacturing. Given our strong conviction, we led Xometry’s $15M Series… Continue reading @BMW: Xometry IPO -Transforming custom manufacturing across the globe001269
China tech crackdown wipes out billions from Didi, other US-listed cos
Didi Global Inc shares slumped as much as 25% in U.S. pre-market trade on Tuesday, ahead of its first session since Chinese regulators ordered the company’s app be taken down days after its $4.4 billion listing on the New York Stock Exchange. The ride-hailing giant’s app was ordered to be removed from mobile app stores in China on Sunday by… Continue reading China tech crackdown wipes out billions from Didi, other US-listed cos
Senmiao Technology Announces Approximately 2.1 Million Completed Rides on its Ride-Hailing Platform in June 2021
CHENGDU, China, July 6, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced operating metrics for its proprietary online ride-hailing platform for the month of June 2021. From May… Continue reading Senmiao Technology Announces Approximately 2.1 Million Completed Rides on its Ride-Hailing Platform in June 2021
Developing safe self-driving car a ‘hard problem’, admits Musk
New Delhi: Tesla CEO Elon Musk has finally admitted that developing a safe and reliable self-driving car is indeed a difficult task. In an earnings call in January, Musk had told investors that he was “highly confident the car will be able to drive itself with reliability in excess of human this year”. In a… Continue reading Developing safe self-driving car a ‘hard problem’, admits Musk
Audi Selects Mobileum for Connected Car Testing and Monitoring
CUPERTINO, Calif., July 6, 2021 /PRNewswire/ — Mobileum Inc. (“Mobileum”), a leading global provider of analytics-based roaming and network services, risk management, and testing and monitoring solutions, is pleased to announce that Audi (AUDVF) is deploying Mobileum’s Connected Car Testing solution to test and monitor the end-to-end quality of service (QoS) of their connected cars and to… Continue reading Audi Selects Mobileum for Connected Car Testing and Monitoring
Carsome invests in Indonesian car auction firm PT Universal Collection
Southeast Asian used car trading platform Carsome announced that it has acquired a stake in PT Universal Collection, a Jakarta-based offline car and motorcycle auction service company. Financial details of the acquisition were not disclosed. The deal marks Carsome’s first investment in Southeast Asia this year and allows the integrated car e-commerce platform to double… Continue reading Carsome invests in Indonesian car auction firm PT Universal Collection
@VW Group: New functions and greater comfort: Volkswagen launches Over-the-Air Updates for the ID. family003388
Volkswagen is taking the next big step towards becoming a software-oriented mobility provider: from this summer, the brand will regularly send software updates “Over-the-Air” to models in its ID. family. This makes Volkswagen the first and only high-volume manufacturer to make this innovative technology available to its customers on a broad basis. The first model… Continue reading @VW Group: New functions and greater comfort: Volkswagen launches Over-the-Air Updates for the ID. family003388
Audi Sphere trio previews autonomous SUV, coupé and saloon
Audi has teased three new concept cars that bosses claim showcase its vision of future autonomous-capable vehicles. The three concepts, named the Sky Sphere, Grand Sphere and Urban Sphere, are due to be shown in the course of the next year. They were detailed in a video posted to Linkedin by Audi sales boss Henrik… Continue reading Audi Sphere trio previews autonomous SUV, coupé and saloon
Ghost raises $100M Series D for autonomous driving and crash prevention tech
Autonomous driving system developer Ghost Locomotion has raised a $100 million Series D funding round, led by Sutter Hill Ventures. Returning investor Founders Fund also participated in the round, along with Coatue. The money will be used toward R&D as the company continues to develop its highway self-driving and crash prevention technology. Ghost has been… Continue reading Ghost raises $100M Series D for autonomous driving and crash prevention tech