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
Tag: Mobility
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
@Toyota: Toyota Announces Changes to Executive Structure, Senior Management Responsibilities, and Organizational Structure
Toyota City, Japan, Mar 3, 2020 – (JCN Newswire) – Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure, senior management responsibilities, and organizational structure described below effective April 1, 2020. Change Highlight: Consolidation of the post of executive vice president and the post of the operating officer… Continue reading @Toyota: Toyota Announces Changes to Executive Structure, Senior Management Responsibilities, and Organizational Structure
Daimler CEO says ‘no issues’ with supplies of electric vehicle battery cells
FILE PHOTO: Ola Kaellenius, CEO of German luxury car manufacturer Daimler AG, speaks at the annual results news conference in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert (Reuters) – Daimler AG Chief Executive Ola Kaellenius said Tuesday the automaker has ‘no issues’ securing electric vehicle battery cells, and is ramping up battery production to meet… Continue reading Daimler CEO says ‘no issues’ with supplies of electric vehicle battery cells
Finnish Sensible 4 receives capital injection
The startup for autonomous e-shuttles Sensible 4 from Finland receives $ 7 million in grants. For the further development of the autonomous e-shuttle concept, the startup has Sensitive 4 out Finland raised seven million dollars. The money comes from a deep-tech fund, NordicNinja VC and the Japanese company Itochu. As a unique selling point, the… Continue reading Finnish Sensible 4 receives capital injection
Daimler says cost cut plans may see entire platforms eliminated
Mercedes logo is seen as Ola Kaellenius, CEO of German luxury car manufacturer Daimler AG, speaks at the annual results news conference in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert FRANKFURT (Reuters) – Mercedes-Benz is embarking on a sweeping cost cutting plan to free up cash to build electric and self-driving cars, a step which… Continue reading Daimler says cost cut plans may see entire platforms eliminated