Israel-based Innoviz Technologies, a leading player in high-performance, solid-state LiDAR sensors and perception software has entered into a definitive agreement to merge with Collective Growth Corporation in a transaction sponsored by Antara Capital and Perception Capital Partners. The transaction is supported by a $200 million (Rs 1,480 crore) fully committed common stock PIPE led by… Continue reading Israel’s Innoviz goes public in $1.4 billion SPAC pact
Tag: Mobility
Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry
Under the agreement, Hyundai Motor Group will hold an approximately 80% stake in Boston Dynamics and SoftBank, through one of its affiliates, will retain an approximately 20% stake in Boston Dynamics after the closing of the transaction. Hyundai Motor Group’s affiliates – Hyundai Motor Co., Hyundai Mobis Co. and Hyundai Glovis Co. – and Hyundai Motor Group… Continue reading Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry
Ola appoints Julien Geffard to lead Europe EV operations
New Delhi: (File photo) Ride hailing major Ola on Friday said it has appointed Julien Geffard as the Director of Go-To-Market Strategy for its electric business in Europe as it prepares to launch its range of electric scooters in Europe in the coming months. In this role, Geffard will be responsible for building and growing… Continue reading Ola appoints Julien Geffard to lead Europe EV operations
@niche: Comparing Arrival to other Electric Vehicle Companies is like comparing Cloud Storage to Betamax000360
Comparing Arrival to other Electric Vehicle companies is like comparing Cloud Storage to Betamax by Denis Sverdlov When I was in school, we predicted the 2000s would be a world of flying transport, with autonomous vehicles at your beck and call transforming our clean, quiet, beautiful, organised cities. But in 2015, I found myself walking through London,… Continue reading @niche: Comparing Arrival to other Electric Vehicle Companies is like comparing Cloud Storage to Betamax000360
@niche: New Prototype of Sono Motors’ Sion to Be Launched at CES 2021000360
Sono Motors is on a mission of enabling a mobility system, where every electric vehicle is solar, shared and independent from fossil-fuels. Today, an experienced specialist team is developing a forward-looking electric car that is suitable for daily use, with integrated solar cells and innovative mobility services, the Sion. Both, the integrated solar technology as… Continue reading @niche: New Prototype of Sono Motors’ Sion to Be Launched at CES 2021000360
China’s NEVC to deploy Easelink’s automated conductive charging system
China’s New Energy Vehicle Technology Innovation Center (NEVC) and Austrian charging hardware provider Easelink have signed a memorandum of understanding to deploy Easelink’s Matrix Charging system. The Matrix Charging system consists of two components: a connector installed in the vehicle underbody, and a pad installed in the parking space. As soon as the vehicle parks… Continue reading China’s NEVC to deploy Easelink’s automated conductive charging system
Hyundai units, chief may pay up to $828m to buy Boston Dynamics from SoftBank
Hyundai Motor Group units and its chairman have agreed to buy an 80% stake in robot maker Boston Dynamics from SoftBank Group Corp for around 800 billion to 900 billion won ($736 million-$828 million), a person familiar with the matter told Reuters on Friday. Hyundai can leverage the robot technology to expand automation at its… Continue reading Hyundai units, chief may pay up to $828m to buy Boston Dynamics from SoftBank
@Nio: NIO Inc. Announces Proposed Offering of 60,000,000 American Depositary Shares000162
December 10, 2020 at 5:17 PM EST SHANGHAI, China, Dec. 10, 2020 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer in China’s premium smart electric vehicle market, today announced the commencement of the offering of 60,000,000 American depositary shares (the “ADSs”), each representing one Class A ordinary share of the… Continue reading @Nio: NIO Inc. Announces Proposed Offering of 60,000,000 American Depositary Shares000162
@Hyundai: Hyundai Motor Group Launches ‘HTWO’ Dedicated Fuel Cell System Brand
Hyundai brings together 20-plus years of hydrogen technology to usher the new energy age 10 December 2020 – Hyundai Motor Group today introduced ‘HTWO’, a new brand to represent the group’s world-leading hydrogen fuel cell system. Building upon Hyundai’s 20-plus years of experience in hydrogen fuel cell technology, the brand will present hydrogen as a… Continue reading @Hyundai: Hyundai Motor Group Launches ‘HTWO’ Dedicated Fuel Cell System Brand
@Hyundai: Hyundai Motor Updates ‘Strategy 2025’
Updated ‘Strategy 2025’ disclosed at ‘2020 CEO Investor Day’ forum today Updated Strategy 2025 builds upon three pillars : Smart Mobility Device, Smart Mobility Service and H2 Solution Strategy 2025 focuses on four areas : EV, UAM, autonomous driving technology and hydrogen fuel cell system Hyundai to take lead in global EV market in the… Continue reading @Hyundai: Hyundai Motor Updates ‘Strategy 2025’