Tag: Mobility

Future Mobility Raises $200 Million In Financing Round At $750 Million Valuation

Chinese electric vehicle manufacturer Future Mobility Corp. has raised a new funding round worth US$200 million from a group of unnamed investment institutions and large enterprises, according to a securities disclosure document. The round values the company, founded in 2016 by two veteran automobile executives from BMW Group and Infiniti China, at US$750 million post-money,… Continue reading Future Mobility Raises $200 Million In Financing Round At $750 Million Valuation

My Visit To Mobike Headquarters And What I Learned From Founder Hu Weiwei

In late July, I did a tour of Mobike’s headquarters in Beijing – and I had a fascinating talk with founder Hu Weiwei and VP of International Expansion Chris Martin. It was a fantastic experience and I left with a much better appreciation of the rocket-ship ride the company has been on. I am writing… Continue reading My Visit To Mobike Headquarters And What I Learned From Founder Hu Weiwei

Chinese Ride Sharing Giant Didi Partners With Taxify To Expand In Europe, Africa

China’s largest ride sharing company Didi Chuxing has agreed to form a strategic partnership with Taxify, a leading ride sharing firm in Europe and Africa. No financial details were disclosed. Didi will invest in and collaborate with Taxify to support the latter’s growth and innovation across its markets, according to a company announcement. Launched in… Continue reading Chinese Ride Sharing Giant Didi Partners With Taxify To Expand In Europe, Africa

Taxify partnering with Didi Chuxing

Taxify is happy to announce a strategic partnership with Didi Chuxing, the world’s leading mobile transportation platform. Under this new partnership, DiDi will invest in and collaborate with us to support our further growth and innovation across all markets. We will utilize this partnership to solidify our position in core markets in Europe and Africa. We believe… Continue reading Taxify partnering with Didi Chuxing

FAURECIA : communiqué de mise à disposition du rapport financier semestriel 2017

CommuniquéNanterre, le 24 juillet 2017Faurecia : mise à disposition du rapport financier semestriel au 30 juin 2017Faurecia annonce ce jour avoir mis à la disposition du public et déposé auprès de l’Autorité des Marchés Financiers son rapport financier semestriel au 30 juin 2017.Il peut être consulté sur le site internet de la Société:http://www.faurecia.com/fr/finance/informations-reglementees-amfA propos de FaureciaFondé… Continue reading FAURECIA : communiqué de mise à disposition du rapport financier semestriel 2017

FAURECIA TAKES MAJORITY SHARE IN CHINESE INFOTAINMENT LEADER JIANGXI COAGENT ELECTRONICS

Nanterre (France), July 19, 2017Faurecia takes majority share in chinese infotainment leader jiangxi coagent ELECTRONICSNanterre, France, July 19 2017 – Faurecia, one of the world’s leading automotive suppliers, announced today that it had taken a majority share in the Chinese company Jiangxi Coagent Electronics for a total investment of 1.45 billion RMB (193 million euros).Jiangxi Coagent… Continue reading FAURECIA TAKES MAJORITY SHARE IN CHINESE INFOTAINMENT LEADER JIANGXI COAGENT ELECTRONICS

Panasonic’s “Vehicular High-precision Angle Sensor” – Detects Rotation Angle of Vehicular Motors with Superior Accuracy

About the “A3MR” (A-cubed MR) The “Vehicular High-precision Angle Sensor” or the “A3MR” Panasonic unveiled in March 2017 is a sensor device that detects the rotation angle of vehicular motors with superior precision. The 3 “A”s of the “A3MR” stands for:Anisotropic (AMR – Anisotropic Magneto Resistance element)Absolute (Absolute angle measurement)Accurate (Accurate detection) “A3MR” is a… Continue reading Panasonic’s “Vehicular High-precision Angle Sensor” – Detects Rotation Angle of Vehicular Motors with Superior Accuracy

Ofo Sets New Fundraising Record After Collecting $700 Million In New Round

What do you do when your closest rival raises a record financing round? Complete a larger fundraising and set a new record, of course. That’s what Beijing-based bike sharing company ofo Inc. just did. A few weeks after competitor Mobike raised US$600 million, ofo announced today that it has raised more than US$700 million led… Continue reading Ofo Sets New Fundraising Record After Collecting $700 Million In New Round

Hellobike Raises Series B+ Round From EV Start-Up WM Motor

WM Motor, an electric vehicle start-up founded by the former China head of Volvo Car Corporation, has made a strategic investment in Hellobike, a bike-sharing start-up focused on mid-size cities across China. Hellobike, which two months ago raised hundreds of millions of RMB in a series B round led Chengwei Capital, and is also backed… Continue reading Hellobike Raises Series B+ Round From EV Start-Up WM Motor