2020-02-04 Mobility 54 Investment SAS (“Mobility 54”) – established in October 2019 under a group joint venture between Toyota Tsusho Corporation (“Toyota Tsusho”) and CFAO SAS (“CFAO”) – has decided to participate in the series B funding and to invest USD 7.6 million in Sendy Limited (“Sendy”) engaging in logistics digital platform services in Africa.… Continue reading @Toyota: Mobility 54 invests in Sendy Limited – a logistics digital platformer in Africa- contributing to solve the social challenges in the African logistics industry –
Tag: Mobility
@Toyota: Building Vision-Oriented AI for Autonomous Vehicles — Our Portfolio Company Recogni is Hiring
Building Vision-Oriented AI for Autonomous Vehicles — Our Portfolio Company Recogni is Hiring Founded in 2017, our portfolio company Recogni is creating a vision-oriented AI processing framework for high-performance, low-power object recognition to help advance autonomous vehicle (AV) efficiency and safety. The San Jose-based company, which emerged from stealth mode with its $25 million Series A funding round… Continue reading @Toyota: Building Vision-Oriented AI for Autonomous Vehicles — Our Portfolio Company Recogni is Hiring
Lyft: Testing Self-Driving Rides With Employees
by Luc Vincent, EVP of Autonomous Technology Since day one, Lyft’s mission has been to improve people’s lives with the world’s best transportation. We started by innovating ways for people to get around — first enabling neighbors to share car rides, then offering shared bikes and scooters. Over the last two and a half years, we’ve made… Continue reading Lyft: Testing Self-Driving Rides With Employees
@Groupe PSA: Total, Groupe PSA tie up to launch battery manufacturing plant for electric vehicles in Europe
Total, Groupe PSA tie up to launch battery manufacturing plant for electric vehicles in Europe (PRESS RELEASE) PARIS, 31-Jan-2020 — /EuropaWire/ — Total, through its affiliate Saft, intends to establish a joint venture with Groupe PSA/Opel called the Automotive Cell Company (AAC). The joint venture will develop an electric vehicle (EV) battery manufacturing facility in Europe.… Continue reading @Groupe PSA: Total, Groupe PSA tie up to launch battery manufacturing plant for electric vehicles in Europe
ClearMetal Raises $15M in Funding
ClearMetal, a San Francisco, CA-based Continuous Delivery Experience (CDX) platform, received an additional $15m in funding. The round, which brought the total capital raised to date to more than $31m, was led by Eclipse Ventures, with participation from Prelude Ventures, Innovation Endeavors, NEA, SAP.io, Prologis, PSA Unboxed, DCLI, and the founders of GT Nexus, Navis,… Continue reading ClearMetal Raises $15M in Funding
Wisk strikes a deal to conduct a flying taxi trial in New Zealand
Wisk, a joint venture between Boeing and Kitty Hawk, is ready to take flight. The company announced on Tuesday that it has a signed memorandum of understanding with the government of New Zealand to conduct a flying taxi trial using its all-electric, self-flying aircraft Cora. With the deal in place, the company says it will… Continue reading Wisk strikes a deal to conduct a flying taxi trial in New Zealand
ThunderSoft and Didi Chuxing Build Strategic Partnership Focusing on Intelligent Automotive Operating System
BEIJING, Feb. 4, 2020 /PRNewswire/ — ThunderSoft( SZ:300496 ), a world-leading operating system technology provider, and Didi Chuxing (“DiDi”) today announced strategic collaboration to jointly bring superior intelligent automotive operating system products and solutions for automotive manufacturers and Tier1 suppliers. This partnership will largely accelerate the development of Intelligent Connected Vehicle (ICV) with the support of… Continue reading ThunderSoft and Didi Chuxing Build Strategic Partnership Focusing on Intelligent Automotive Operating System
Emerge raises $20M to take its digital freight marketplace for truckers up a gear
Trucking is currently the most popular mode of transporting freight in the US, accounting for around $12.5 billion of the $17 billion freight market, according to the Bureau of Transportation Statistics. But with thousands of small and single-vehicle operators and legacy (often paper-based) systems underpinning communications, it’s also one of the most inefficient. Now, there… Continue reading Emerge raises $20M to take its digital freight marketplace for truckers up a gear
Factbox: Britain’s 2035 ban on new combustion car sales puts jobs at risk
FRANKFURT (Reuters) – Britain will ban the sale of new petrol and diesel cars from 2035 in an attempt to reduce air pollution, a step which accelerates a shift toward electric vehicles. Following are some of the possible challenges and consequences related to the decision: Exhaust pipes of a car are pictured in London, Britain… Continue reading Factbox: Britain’s 2035 ban on new combustion car sales puts jobs at risk
Prakriti E-Mobility and Tata Power to set up India’s largest EV charging infrastructure
Prakriti E- Mobility has signed an agreement with Tata Power, to provide state-of-the-art charging infrastructure to support Prakriti’s EV Taxi fleet in Delhi-NCR. Both partners will set up 30 slow chargers and 5 fast chargers across Delhi-NCR region. Tata Power will be responsible for the designing, procurement, installation and management of all charging infrastructure at selected… Continue reading Prakriti E-Mobility and Tata Power to set up India’s largest EV charging infrastructure