Zoox is in “advanced discussions with several strategic partners and corporate investors” for its next round of funding, CEO Aicha Evans tells Axios. Why it matters: The self-driving car developer has been especially quiet for the past year or so, and venture capital sources say the company has struggled to raise capital to fund its… Continue reading Zoox scouts for funding ahead of self-driving taxi debut – Axios
Tag: Mobility
@GM: GM to Add More Than 1,200 Jobs at Lansing Area Assembly Plants
GM to Add More Than 1,200 Jobs at Lansing Area Assembly Plants 2020-02-28 LANSING, Mich. — General Motors is adding more than 1,200 jobs at its Lansing manufacturing operations to meet customer demand for popular mid-size SUVs and to support the launch of two all-new Cadillac sedans. Lansing Grand River Assembly will add a second… Continue reading @GM: GM to Add More Than 1,200 Jobs at Lansing Area Assembly Plants
Facebook Messenger ditches Discover, demotes chat bots
Chat bots were central to Facebook Messenger’s strategy three years ago. Now they’re being hidden from view in the app along with games and businesses. Facebook Messenger is now removing the Discover tab as it focuses on speed and simplicity instead of broad utility like China’s WeChat. The changes are part of a larger Messenger… Continue reading Facebook Messenger ditches Discover, demotes chat bots
@Toyota: Inchcape Fleet Solutions to be rebranded as Kinto following its acquisition by Toyota Fleet Mobility
Following the acquisition of Inchcape Fleet Solutions (IFS) by Toyota Fleet Mobility (TFM), the business is to be rebranded as Kinto, the new mobility brand launched by Toyota earlier this year. TFM completed its acquisition of IFS in December 2019, continuing its expansion in Europe and entering the UK’s fleet management and full service leasing… Continue reading @Toyota: Inchcape Fleet Solutions to be rebranded as Kinto following its acquisition by Toyota Fleet Mobility
@BMW: Virtual World Premiere of BMW Concept i4
Munich. Due to the current situation, the Geneva International Motor Show 2020 has been canceled. While we certainly understand this decision, we also regret that the fair cannot take place as usual. The BMW Group will carry out the program planned for Geneva including the world premiere of the BMW Concept i4 at a digital… Continue reading @BMW: Virtual World Premiere of BMW Concept i4
Gojek-Grab merger makes sense but hurdles mar its path
JAKARTA — Cutthroat rivals that have helped to drive Southeast Asia’s rapid digitization by burning through cash and preventing each other from moving toward the startup world’s new goal, profitability, are now talking about a common solution. Indonesia-based Gojek and Singapore-based Grab, have “casually” discussed merger options, according to two people familiar with the matter.… Continue reading Gojek-Grab merger makes sense but hurdles mar its path
Pony.ai Raises $462M in Funding; Valued at $3 Billion
Pony.ai, a Fremont, California-based autonomous driving company, raised $462m in funding. The new round puts Pony.ai’s valuation at just over $3 billion. As part of it, Toyota Motor Corporation made a $400m investment. In August 2019, Pony.ai and Toyota initiated joint autonomous driving pilots in China. This year’s strategic investment will expand the partnership’s scope… Continue reading Pony.ai Raises $462M in Funding; Valued at $3 Billion
Group Renault to Launch Electric Carsharing Service in Paris
This launch in Paris is a new step in the partnership between Groupe Renault, a manufacturer of electric vehicles in Europe, and Ferrovial. Photo courtesy of Renault. Groupe Renault and Ferrovial, an operator of sustainable infrastructure, are launching ZITY, a free-floating, electric carsharing service in Paris. In March, a fleet of 500 all-electric Renault ZOE… Continue reading Group Renault to Launch Electric Carsharing Service in Paris
Citroen Ami targets new era of car-sharing and urban mobility
The Citroen Ami is a quirky, electric two-seater that’s intended to propel Citroen into a new era of car-sharing and urban mobility. The French firm hopes that the Ami, which remains true to the Ami One concept shown a year ago, will appeal to a new generation of buyers as the appetite for more traditional entry-level cars, such as the… Continue reading Citroen Ami targets new era of car-sharing and urban mobility
Citroën’s tiny Ami electric car can be driven by 14-year olds for $22 a month
Citroën’s Ami, the tiny two-seater electric car that was first revealed as a concept last year, will be released this spring. The Ami is absolutely tiny at just 2.41 meters (7 feet, 11 inches) long, and is technically classed as a “light quadricycle” similar to the Renault Twizy, which means it can be driven by… Continue reading Citroën’s tiny Ami electric car can be driven by 14-year olds for $22 a month