New York. URBAN-X, the leading accelerator for startups reimagining city life, founded by MINI and run in partnership with Urban Us, presented the outcome of its fourth generation of urbantech startup companies, Cohort 04. The startups are working on solutions to some of the biggest problems cities face around the world, such as optimizing building… Continue reading Shaping the future of cities.
Tag: Strategy
Indian electric vehicle start-up gets angel funding to bolster leadership status
BENGALURU: Electric vehicle start-up Strom Motors (E14 Technologies Pvt Ltd) on Thursday said it has secured angel funding from Indian Angel Network (IAN). The investment would help the Mumbai-based start-up consolidate its leadership position in the technology-enabled mobility industry, setting up product sales, accelerate its geographical expansion and increase its consumer base across markets, a… Continue reading Indian electric vehicle start-up gets angel funding to bolster leadership status
In-car commerce startup Cargo raises $22 million led by Founders Fund
Cargo, the startup that helps ridesharing drivers earn money by bringing the convenience store into their vehicles, has raised $22 million in a Series A round led by Founders Fund. Additional investment came from Coatue Management, Aquiline Technology Growth as well as a number of high-profile entertainment, gaming, and technology executives who include Zynga founder Mark… Continue reading In-car commerce startup Cargo raises $22 million led by Founders Fund
Volkswagen targeting further boost in factory productivity
Goal of the new TRANSFORM.TOGETHER production strategy: 30 percent increase in productivity worldwide by 2025 Board Member for Production Andreas Tostmann: “Efficiency potential in Production through 2025 totals €2.6 billion” Paradigm shift from product to process orientation to be implemented worldwide in eight action areas Production makes major contribution to achieving profitability target of over… Continue reading Volkswagen targeting further boost in factory productivity
Audi: By 2020 Our Electric Cars Will Fast Charge To 80% In 12 Minutes
2 H BY MARK KANE Audi BEVs will get 350 kW ultra-fast charging Currently, Audi is introducing its first all-electric model – the e-tron – which will be able to charge from 0 to 80% in around 30 minutes. That’s at 150 kW of power, which is industry-leading level for passenger cars. Also, the on-board charging… Continue reading Audi: By 2020 Our Electric Cars Will Fast Charge To 80% In 12 Minutes
UPDATE 2-TomTom plans fleet-management sale to focus on maps battle with Google
AMSTERDAM (Reuters) – TomTom is considering selling its fleet-management business to concentrate on competing head-to-head with Google in car navigation software, it said on Thursday. TomTom navigation are seen in front of TomTom displayed logo in this illustration taken July 28, 2017. REUTERS/Dado Ruvic Shares in the Dutch company jumped by 17 percent to 7.25… Continue reading UPDATE 2-TomTom plans fleet-management sale to focus on maps battle with Google
Velodyne LiDAR Partners with Idriverplus | Unmanned Vehicle Traverses Challenging Natural Barriers on Tianmen Mountain
September 25, 2018 In recent years, it has become increasingly difficult for people to obtain driver’s licenses in China. However, an increasing presence of unmanned vehicles on the road is bringing new hope to those who can’t get a license but still desire to drive independently in a vehicle a chance to make their dreams… Continue reading Velodyne LiDAR Partners with Idriverplus | Unmanned Vehicle Traverses Challenging Natural Barriers on Tianmen Mountain
Federal-Mogul Powertrain and YURA TECH Announce New Ignition Joint Venture in South Korea
Federal-Mogul Powertrain and YURA TECH Announce New Ignition Joint Venture in South Korea Sejong, South Korea, September 14, 2018….Federal-Mogul Powertrain has announced a new ignition spark plug joint venture with South Korean automotive parts supplier YURA TECH Co., Ltd.. The establishment of this new company further expands Federal-Mogul Powertrain’s global footprint and will provide high-class… Continue reading Federal-Mogul Powertrain and YURA TECH Announce New Ignition Joint Venture in South Korea
X70 SUV unveiling
Subang Jaya, 24 September 2018 – After months of building anticipation, the first-ever PROTON SUV – the Proton X70 – has finally had its public debut as PROTON Edar Sdn Bhd kicked off its programme of exclusive customer previews in Petaling Jaya, from 19 – 23 September 2018.
Customers, C-level executives from prominent corporations as well as potential corporate buyers were invited to see the interior and exterior design of the SUV, which is the first PROTON product to enter the rapidly growing market segment. Such a product is deserving of a luxury themed event, which is why the Company decided to present the X70 in a modern, sophisticated yet
luxurious setting.
“Since bookings were opened on 8 September, the response from our customers has been overwhelming. The Proton X70 scales new heights for the Company with its modern and sophisticated design so we are organising previews to allow customers to get a closer look to understand the level of engineering and feel the premium material..
BMW Group adjusts guidance for current financial year
Munich. The BMW Group is updating its guidance for the current financial year. The company always expected 2018 to be a challenging year, due in part to additional upfront investments of around one billion euros for future mobility and currency headwinds in the mid-to-high three-digit million-euro range compared with 2017. Despite this starting position, based… Continue reading BMW Group adjusts guidance for current financial year