Tesla has launched a new feature that simplifies sharing your car with other people – another step toward its self-driving car-sharing network. With Model 3, Tesla focused on designing around self-driving and car-sharing/ride-sharing capability. Things like the center display, the cabin-facing camera, and using your phone as a key were meant to facilitate launching such… Continue reading Tesla launches new car-sharing feature to simplify access
Tag: Mobility
Aptiv PLC Announces Pricing of Ordinary Shares and Mandatory Convertible Preferred Shares Offerings
DUBLIN, June 9, 2020 /PRNewswire/ — Aptiv PLC (NYSE: APTV) (the “Company”) today announced the pricing of concurrent offerings of 13,173,495 ordinary shares at a price to the public of $75.91 per share (the “Ordinary Shares Offering”) and 10,000,000 5.50% Series A Mandatory Convertible Preferred Shares (the “mandatory convertible preferred shares”) at a price to the… Continue reading Aptiv PLC Announces Pricing of Ordinary Shares and Mandatory Convertible Preferred Shares Offerings
@Nio: NIO Inc. Announces Proposed Offering of 60,000,000 American Depositary Shares
SHANGHAI, China, June 09, 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 Company (the “ADS Offering”). The Company intends… Continue reading @Nio: NIO Inc. Announces Proposed Offering of 60,000,000 American Depositary Shares
@Groupe PSA: PEUGEOT seats: the hyper technology of a simple part
In the highly competitive environment of the automotive industry, vehicle interiors have become an important part of customers’ purchasing process. PEUGEOT, with the widespread use of the i-Cockpit® on almost all of its range, has revolutionized vehicle interiors and has taken particular care with the seats, which are now becoming increasingly complex and technological. They… Continue reading @Groupe PSA: PEUGEOT seats: the hyper technology of a simple part
@Suzuki: Jun 09, 2020 Maruti Suzuki partners with Mahindra Finance to bring easy car finance schemes for cus…
Attractive options for customers • Buy Now Pay Later scheme of 2 months • Step up EMI scheme with 6 monthly EMI increase • Agricultural Customer schemes including quarterly EMIs • Turant Scheme – on the spot approval for both salaried as well as No Income Proof (NIP) customers … Continue reading @Suzuki: Jun 09, 2020 Maruti Suzuki partners with Mahindra Finance to bring easy car finance schemes for cus…
Upstream Expands Series B Funding
HERZLIYA, Israel, June 9, 2020 /PRNewswire/ — Upstream Security announced today that it has secured an expansion of its Series B funding with an investment by Salesforce Ventures. The undisclosed amount is in addition to $30 million previously invested by Alliance Venture Capital (Renault, Nissan, Mitsubishi), Hyundai, Nationwide Insurance, Volvo Group, and others. Upstream offers specialized… Continue reading Upstream Expands Series B Funding
German freight tech start-up Sennder merges with France’s Everoad
BERLIN, June 9 (Reuters) – German freight technology firm Sennder said on Tuesday it was merging with French peer Everoad in a deal that keeps it on track for its target of 1 billion euros ($1.1 billion) in revenue by 2024. Sennder, founded in 2015, is merging with the smaller Everoad in a stock-based deal… Continue reading German freight tech start-up Sennder merges with France’s Everoad
Press Releases – Auto makers and electricity sector call for rapid action on charging points under EU recovery plan
Brussels, 9 June 2020 – The European Automobile Manufacturers’ Association (ACEA) and Eurelectric welcome the focus on infrastructure for electrically-chargeable vehicles in the coronavirus recovery plan announced by the European Commission. The associations support the goal of funding 1 million public charging points referred to in the plan. However, they note that this objective was… Continue reading Press Releases – Auto makers and electricity sector call for rapid action on charging points under EU recovery plan
Aptiv PLC Announces Proposed Offerings of Ordinary Shares and Mandatory Convertible Preferred Shares
DUBLIN, June 8, 2020 /PRNewswire/ — Aptiv PLC (NYSE: APTV) (the “Company”) today announced that it has commenced concurrent proposed offerings of $1.0 billion of ordinary shares (the “Ordinary Shares Offering”) and $1.0 billion of Series A Mandatory Convertible Preferred Shares (the “mandatory convertible preferred shares”) (the “Preferred Shares Offering,” and together with the Ordinary… Continue reading Aptiv PLC Announces Proposed Offerings of Ordinary Shares and Mandatory Convertible Preferred Shares
Mintech Drawing Eyes with Its Battery Diagnosis Technology
There is a venture capital-backed company called Mintech in Yuseong Techno Valley, which is about a 20 minute drive from Daejeon Station and is like a center of South Korea’s cutting-edge technologies, that is currently working on technologies that may prove to be very valuable electric vehicles. Mintech was established in 2015 and it is… Continue reading Mintech Drawing Eyes with Its Battery Diagnosis Technology