Minda Corporation (MCL), through its subsidiary Spark Minda Green Mobility Solutions, has entered into definitive agreements for acquiring 26 percent equity stake in EVQPOINT Solutions, a start-up working on EV charging solutions. With this investment, the Spark Minda Group will become EVQPOINT’s exclusive technology and manufacturing partner for battery chargers and EV supply equipment. The… Continue reading Spark Minda acquires stake in start-up making EV charging products
Tag: Strategy
World NM: Tech Insider: GAC Looks for Private Partners, Baidu Tests New Car, Brain Disorder Startup Raises $77 Million001529
Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and dealmakers in China’s tech scene. The parent will retain control of GAC Aion after bringing in strategic investor as it ultimately prepares to list the firm. Go to Source
Standard Motor Products, Inc. Announces Acquisition of Stabil Group
NEW YORK, Sept. 1, 2021 /PRNewswire/ — Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today that it has acquired 100% of the capital stock of Stabil Operative Group GmbH, a German company (“Stabil”). Stabil is a manufacturer and distributor of a variety of components, including electronic sensors, control… Continue reading Standard Motor Products, Inc. Announces Acquisition of Stabil Group
Global Passenger Car Vision Industry Chain Report 2021 Featuring Major Chip Companies & Car Vision Companies
DUBLIN, Sept. 1, 2021 The “Global Passenger Car Vision Industry Chain Report 2021” report has been added to ResearchAndMarkets.com’s offering. This report analyzes and predicts global camera technology and market trends, and conducts research on global mainstream camera vendors. With policies support of governments worldwide, the rapid development of automotive intelligence has promoted the continuous… Continue reading Global Passenger Car Vision Industry Chain Report 2021 Featuring Major Chip Companies & Car Vision Companies
@niche: Praga Cars UK growth plans gather pace with appointment of new Motorsport Manager001183
Praga Cars UK is delighted to announce the appointment of Lucy Payne as the company’s new, and first, Motorsport Manager. Payne will contribute to the strategic development of Praga’s racing activities in the UK, focusing on the planned growth of the R1 racing car programme as well as developing campaigns with the 114-year-old company’s historic racers,… Continue reading @niche: Praga Cars UK growth plans gather pace with appointment of new Motorsport Manager001183
VanMoof raises $128 million to become the world’s leading e-bike brand
Amsterdam-based startup VanMoof has raised a $128 million Series C funding round. The company designs and sells electric bikes that are quite popular in some markets. It now wants to become the world’s leading e-bike brand by iterating at a faster pace. Asia-based private equity firm Hillhouse Investment is leading the round, with Gillian Tans,… Continue reading VanMoof raises $128 million to become the world’s leading e-bike brand
Linda Gao appointed CEO Inalfa Roof Systems
VENRAY, Netherlands, Sept. 1, 2021 /PRNewswire/ — Inalfa Roof Systems, global leader in the automotive industry and based in the Netherlands, announced the appointment of Linda Gao as the company’s new President and Chief Executive Officer (CEO) per immediate effect. Gao succeeded Jörg Buchheim ad interim in May 2021 and will now assume full responsibility as… Continue reading Linda Gao appointed CEO Inalfa Roof Systems
Volvo Group Venture Capital welcomes Foretellix, a pioneer in automated vehicle verification and validation
GÖTEBORG, Sweden, Sept. 1, 2021 /PRNewswire/ — Volvo Group Venture Capital AB has announced a new investment in a leading company in the field of measurable safety for driver assistance and autonomous vehicles. Foretellix Ltd was founded in 2018 by a team of verification and validation pioneers whose mission is to make automated driving systems… Continue reading Volvo Group Venture Capital welcomes Foretellix, a pioneer in automated vehicle verification and validation
Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems
TEL AVIV, Israel, Sept. 1, 2021 /PRNewswire/ — Foretellix, the leading platform provider automating the testing, verification and validation for automated driving systems (ADAS and AV), has secured $32 million in its latest series B funding round, bringing its total raised capital to over $50 million. The round was led by MoreTech Ventures, with participation from several… Continue reading Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems
Shell to vastly expand EV charging network in Britain
LONDON – Royal Dutch Shell on Wednesday announced plans to vastly expand its network of electric vehicle charging points in Britain, aiming to install 50,000 on-street posts by 2025. Shell will implement the plans through ubitricity, an on-street charging point company that it acquired in February which operates around 3,600 chargers in Britain. The expansion… Continue reading Shell to vastly expand EV charging network in Britain