Bolt Mobility, a Miami, Florida-based company dedicated to innovating transportation by providing safe and sustainable solutions, closed a Series A funding round bringing total investment to $30m at a $100m valuation. The round was led by Rokk3r Fuel ExO. The company intends to use the funds to both scale and bring its transport solutions globally.… Continue reading Bolt Closes $30M Series A Funding Round
Tag: Mobility
Alphabet’s Waymo raises US$2.25b for driverless cars
WAYMO raised US$2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc’s autonomous vehicle unit has taken outside funds.Silver Lake Management LLC, a private equity firm, led the round, which also includes vehicle manufacturer Magna International Inc, car seller AutoNation Inc, Abu Dhabi’s Mubadala Investment Co and the Canada Pension Plan Investment Board.Alphabet’s “other bets” division, which includes Waymo, has absorbed billions of dollars in losses in recent years.
@Daimler: 04. Mar 2020Management changes at Investor Relations and Daimler Greater China
March 04, 2020 – Daimler has appointed Steffen Hoffmann and Olaf Schick for two top positions in the finance department. After 11 years at the helm of Daimler AG’s Investor Relations department, Björn Scheib will hand over responsibility to his successor Steffen Hoffmann on April 1, 2020. Scheib has decided to continue his professional development… Continue reading @Daimler: 04. Mar 2020Management changes at Investor Relations and Daimler Greater China
Equipmake, HiETA collaborate for low-cost lightweight efficient electric motor
Grant-funded by Innovate UK, Equipmake, HiETA collaborate for low-cost lightweight electric motor. The first prototypes are set to be ready in 12 months. Electrification company, Equipmake, and leading additive manufacturing business HiETA are collaborating on an innovative new electric motor. Codenamed AMPERE, the new motor will draw on Equipmake’s expertise in electric motor design and… Continue reading Equipmake, HiETA collaborate for low-cost lightweight efficient electric motor
Five, the self-driving startup, raises $41M and pivots into B2B, away from building its own fleet
We are still years away from a time when fully-autonomous cars will be able to drive us from A to B, and the complexity of getting to that point is likely going to need hundreds of billions of dollars of investment before it becomes a reality. That hard truth is leading to some shifts in… Continue reading Five, the self-driving startup, raises $41M and pivots into B2B, away from building its own fleet
Uber sold its food delivery business in India to Zomato for $206M
Uber sold its food delivery business in India to the local rival Zomato for $206 million, the American ride-hailing company disclosed in a regulatory filing in one of its key overseas markets. In January, Uber announced that it had sold the India business of Uber Eats to Zomato for a 9.99% stake in the loss-making… Continue reading Uber sold its food delivery business in India to Zomato for $206M
Maxim release smallest LiDAR ICs – New Electronics
27 February 2020 Designers of automotive self-driving systems can now enable higher-speed autonomous driving through the industry’s fastest and smallest Light Detection and Ranging (LiDAR) ICs from Maxim Integrated Products. Compared to solutions on the market, the MAX40026 high-speed comparator and the MAX40660/MAX40661 high-bandwidth transimpedance amplifiers enable 10mph (15km/h) faster autonomous driving at highway speeds… Continue reading Maxim release smallest LiDAR ICs – New Electronics
@Daimler: Mercedes-Benz Motorsport: Sustainability: Mercedes-Benz Accelerates Sustainable Change in Motorsport
Mercedes-Benz announces sustainable business strategy for its motorsport activities and drives the change within Formula 1 for more sustainable racing Mercedes-Benz brings its bold sustainable business strategy to motorsport and advocates for ambitious steps towards carbon neutrality Mercedes-AMG Petronas F1 Team to achieve net-zero carbon footprint by the end of 2020 Mercedes-Benz uses Formula 1… Continue reading @Daimler: Mercedes-Benz Motorsport: Sustainability: Mercedes-Benz Accelerates Sustainable Change in Motorsport
@GM: GM Continues to Facilitate EV Adoption, Tripling Employee Workplace Electric Vehicle Charging Availability Across U.S. and Canada
GM Continues to Facilitate EV Adoption, Tripling Employee Workplace Electric Vehicle Charging Availability Across U.S. and Canada Additional 3,500 new EV charging plugs will provide employees even more accessibility to charge at work 2020-03-03 DETROIT – General Motors is making electric vehicle charging for employees even more accessible with the addition of 3,500 new EV… Continue reading @GM: GM Continues to Facilitate EV Adoption, Tripling Employee Workplace Electric Vehicle Charging Availability Across U.S. and Canada
@VW Group: Volkswagen provides first insights into its new all-electric compact SUV ID.4
The ID. CROZZ showcar evolves into its series production version, the ID.4: Volkswagen is forging ahead with its electric mobility strategy by providing a detailed insight into the brand’s first all-electric SUV during a webcast following the cancellation of the Geneva Motor Show. The new ID.4 will be launched this year. Following in the tracks… Continue reading @VW Group: Volkswagen provides first insights into its new all-electric compact SUV ID.4