Tag: Mobility

Matrix Partners China Reveals Biggest Investment Mistakes And Lessons Learned

Matrix Partners China, a joint venture fund between U.S. venture capital firm Matrix Partners and its Chinese partners, has revealed its biggest investment mistakes and lessons learned since being founded in 2008, offering insights into how even the smartest investors can miss great opportunities. Matrix China and its founding managing partner David Zhang, also known… Continue reading Matrix Partners China Reveals Biggest Investment Mistakes And Lessons Learned

China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates

After years of explosive growth, China’s vast sharing economy is entering consolidation mode. The latest merger news comes from Chinese Uber-like truck logistics leaders Yumanman and Huochebang, both valued at US$1 billion on China Money Network’s China Unicorn Ranking. The deal may herald more mega-mergers in the sharing space due to intense competition and overlapping business… Continue reading China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates

Delphi Closes Acquisition of nuTonomy

BOSTON, Nov. 21, 2017 /PRNewswire/ — Delphi Automotive PLC (NYSE: DLPH), soon to be Aptiv (NYSE: APTV), announced today that it has closed its acquisition of nuTonomy, a leading developer of autonomous driving (AD) software solutions. The addition of nuTonomy further strengthens Aptiv’s position as a technology leader in the global autonomous mobility market. nuTonomy… Continue reading Delphi Closes Acquisition of nuTonomy

Frank Dellaquila and Colin Parris to join Aptiv Board of Directors

GILLINGHAM, England, Nov. 15, 2017 /PRNewswire/ — Delphi Automotive PLC (NYSE: DLPH), which will become two new stand-alone companies, Aptiv PLC (NYSE: APTV) and Delphi Technologies PLC (DLPH), today announced that Frank Dellaquila and Colin Parris have been named to the Aptiv board of directors, effective with the final date of the spin-off. Dellaquila and Parris… Continue reading Frank Dellaquila and Colin Parris to join Aptiv Board of Directors

Eiheiji Town, Fukui Prefecture and Panasonic Teaming up to Test Experimental Autonomous Vehicle on Eiheiji Mai-road

Eiheiji, Japan – The Eiheiji Town Government, the Fukui Prefectural Government and Panasonic Corporation announced today that they have jointly started a field test of an experimental autonomous electric vehicle on Eiheiji Mai-road in the temple town in western Japan. The field test of Panasonic’s autonomous driving EV commuter, which started on October 3, 2017,… Continue reading Eiheiji Town, Fukui Prefecture and Panasonic Teaming up to Test Experimental Autonomous Vehicle on Eiheiji Mai-road

A New Way to Think about Snowstorms – Foul Weather Proves a Hot Topic at ITS World Congress in Montreal

A vision of transportation’s future As cities stock up on deicers and snowplow drivers prepare for long nights, tech companies, automakers, policymakers and others at ITS World Congress in Montreal are talking about ways to make transportation safer in foul weather. Held annually, ITS World Congress brings together people to hash out how transportation is… Continue reading A New Way to Think about Snowstorms – Foul Weather Proves a Hot Topic at ITS World Congress in Montreal

FAURECIA SIGNS A JOINT VENTURE WITH BYD FOR SEATING SOLUTIONS

Shanghai (China), October 31, 2017FAURECIA SIGNS A JOINT VENTURE WITH BYDfor seating solutionsOctober 31, 2017, Shenzhen – Faurecia, one of the world’s largest automotive suppliers, today announced its new joint venture with the pioneering Chinese electric vehicle OEM, BYD. The new company, called Shenzhen Faurecia Automotive Parts Co., Ltd. (70% Faurecia – 30% BYD) aims… Continue reading FAURECIA SIGNS A JOINT VENTURE WITH BYD FOR SEATING SOLUTIONS

FAURECIA : APPOINTMENT OF NEW BOARD MEMBERS

Nanterre, October 30, 2017APPOINTMENT OF NEW BOARD MEMBERSEffective immediately, the Faurecia Board of Directors has agreed to appoint Valérie Landon as a new Board member. Ms Landon replaces Amparo Moraleda, following her decision to leave the Faurecia Board.Faurecia’s Board of Directors also acknowledged the appointment of two new members, who will represent Faurecia employees, effective… Continue reading FAURECIA : APPOINTMENT OF NEW BOARD MEMBERS