Tag: Mobility

Driverless car startup Pony.ai raises $462 million at a $3 billion valuation – VentureBeat

In a sign that investors’ enthusiasm for driverless cars hasn’t dampened yet, Pony.ai today secured a whopping $462 million in fresh funding, $400 million of which came from Toyota. The capital infusion brings the Guangzhou- and Fremont, California-based startup’s total raised to about $800 million at a valuation north of $3 billion (up from $1… Continue reading Driverless car startup Pony.ai raises $462 million at a $3 billion valuation – VentureBeat

Robert Bosch Venture Capital backs the evolution of automated driving with investment in UISEE

About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital backs the evolution of automated driving with investment in UISEE

Waymo joins backlash against California self-driving data requirement

(Reuters) – Alphabet Inc’s (GOOGL.O) Waymo and General Motors Co’s (GM.N) Cruise are leading a backlash against a California reporting requirement on self-driving vehicle test data that the companies claim is not relevant or accurate in measuring performance or progress. FILE PHOTO: Reuters reporter Alexandria Sage steps out of a Waymo self-driving vehicle during a… Continue reading Waymo joins backlash against California self-driving data requirement

Tier Mobility acquires Coup’s electric moped scooters

Tier Mobility operates a scooter service, the kick-scooter-with-a-motor kind. And it has acquired assets from Coup, a now-defunct scooter service, the moped kind. Coup shut down late last year, and Tier Mobility plans to take over and start its own shared moped service. To be clear, Coup is over, but its mopeds will stick around.… Continue reading Tier Mobility acquires Coup’s electric moped scooters

@VW Group: In brief: || The all-rounder – the 1-speed gearbox

The ID.3 from Volkswagen enters the new era of e-mobility – quietly but with full power. After all, the typical properties of the electric drive system change the way in which power is transmitted. The powerful APP310 e-drive unit transmits power to the driven wheels using an extremely compact gearbox. The ID.3’s single gear is… Continue reading @VW Group: In brief: || The all-rounder – the 1-speed gearbox

@Toyota: Mobility Pioneers Named as Winners in the First Toyota Startup Awards

Four winners announced in the first Toyota Startup Awards following pitch competition for finalists in Barcelona SociAbility (UK), ProsFit (Bulgaria), Seamless Vision (Israel) and Wheeliz (France) given the opportunity to receive training, mentoring and funding for their work on inclusive mobility projects through the Toyota Accelerator Program Competition presented by Toyota Motor Europe (TME) and… Continue reading @Toyota: Mobility Pioneers Named as Winners in the First Toyota Startup Awards

@Groupe PSA: Groupe PSA achieved a new profitability record in 2019

€74.7 billion Group revenue up 1% 8.5% Group adjusted operating margin[1] at €6.3 billion 8.5% Automotive division[2] adjusted operating margin up 0.9 pt at €5.0 billion Record net result Group share at €3.2 billion €3.3 billion Automotive division free cash flow PACE! plan target achieved with Opel Vauxhall 6.5% adjusted operating margin Carlos Tavares, Chairman… Continue reading @Groupe PSA: Groupe PSA achieved a new profitability record in 2019

Thanks to 5G, your phone bill could skyrocket – and that’s fantastic news!

Driverless cars. Drone deliveries. Remote surgery. Virtual reality. The world as we know it is changing – and you’ve got 5G to thank for that. The cost? Worth it. Want to gauge how significant 5G will be? Here’s what Qualcomm chief Steve Mollenkopf said at CES a couple of years ago: “5G will have an… Continue reading Thanks to 5G, your phone bill could skyrocket – and that’s fantastic news!

Ford’s incoming COO focuses on cost cuts, launches, change

DETROIT (Reuters) – Ford Motor Co’s (F.N) incoming chief operating officer will outline on Wednesday his priorities for the company’s turnaround, including cost cuts and more efficient new-vehicle launches in a year that includes the introduction of a redesigned F-150 full-sized pickup truck. FILE PHOTO: Ford Motor Co’s Jim Farley, speaks at the New York… Continue reading Ford’s incoming COO focuses on cost cuts, launches, change