Tag: Mobility

Uber: Uber Announces Pricing of Upsized $900 Million Senior Notes Offering

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced the pricing of $900 million principal amount of 7.500% Senior Notes due 2025 (the “notes”). The principal amount of the offering was increased from the previously announced offering size of $750 million. The notes are being offered only to persons reasonably believed to be qualified institutional… Continue reading Uber: Uber Announces Pricing of Upsized $900 Million Senior Notes Offering

Auto retail sector ready to get Britain moving again, as NFDA and SMMT publish safe restart guidance

New automotive sector-specific guidance for vehicle retailers published by NFDA and SMMT today. Dealerships ready to welcome back staff and customers, with comprehensive safety measures covering showroom interactions, vehicle demos and test-drives. Industry welcomes clarification on auto retail click & collect, and calls for showrooms to be re-opened urgently to help reboot manufacturing and support… Continue reading Auto retail sector ready to get Britain moving again, as NFDA and SMMT publish safe restart guidance

@FCA: Press Release FCA – PSA

IMPORTANT NOTICE         By reading the following communication, you agree to be bound by the following limitations and qualifications:This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an invitation to exchange,… Continue reading @FCA: Press Release FCA – PSA

Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future

AutonoMIA is an immersive exploration of how technology, from AI to 5G, from display to haptics, from sensors to natural interfaces, can be leveraged to reenchant the driving experience. It is a tool that designers will use to continue iterating on the thinking on the future of driving. The different parties build knowledge on the… Continue reading Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future

Uber: Uber Announces Proposed $750 Million Senior Notes Offering

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it proposes to offer $750 million principal amount of Senior Notes due 2025 (the “notes”), subject to market conditions and other factors. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act… Continue reading Uber: Uber Announces Proposed $750 Million Senior Notes Offering

Dutch e-bike scaleup VanMoof attracts €12.5 million to grow globally

Today VanMoof, the Dutch e-bike scaleup, has announced a total €12.5 million investment from one of Europe’s leading venture capital firms Balderton Capital and assembly partner SINBON Electronics. The funds will support the brand’s international expansion as it scales up to meet increased demand. The investment follows the launch success of the highly anticipated new electric VanMoof S3 & X3 bikes.

With social distancing the new reality, demand for high quality e-bikes is on the rise. Bikes are seen as an increasingly dependable mobility option compared to public transport. And governments across the globe are responding with new cycle initiatives. For example, Berlin recently implemented a one mile bike lane along a major road, and Milan will introduce a five mile cycle lane to cut car use after the lockdown. This worldwide trend supports VanMoof’s belief in the potential of e-bikes to revolutionize city travel.

“It’s a unique time to build such a meaningful partnership. Not only d..

Wallbox Completes Second Tranche Of $25M Series A Investment

BARCELONA, Spain, May 13, 2020 /PRNewswire/ — Wallbox, the smart EV charging company, today announced the closing of a $13 million USD (€12 million) second tranche of Series A investment in early March, bringing the total Series A round to $25 million USD (€23 million). The round was led by Seaya Ventures, a Spanish venture fund… Continue reading Wallbox Completes Second Tranche Of $25M Series A Investment

IRP Systems Raises $17M in Series B Funding

IRP Systems, a Tel Aviv, Israel-based provider of innovative electric powertrain products for e-mobility, raised $17M in Series B funding. The round was led by Chinese VC Fosun RZ capital, with additional funds provided by JAL ventures, previous investor Entrée Capital, Tal Capital, Union Tech Ventures, Cendana Capital and Allied Group subsidiary Champion Motors, the… Continue reading IRP Systems Raises $17M in Series B Funding

@BMW: BMW Group is making logistics robots faster and smarter

Munich. In future, the BMW Group will be increasing its use of high-performance computer technology, particularly artificial intelligence (AI), in logistics. Top priorities include intelligent logistics robots, data analytics and the high-definition simulation of logistics processes. These AI applications can optimize robotics and material flow, as well as take simulations in the planning process to… Continue reading @BMW: BMW Group is making logistics robots faster and smarter