AutoX, a self-driving start-up, announced that it had completed a Pre-B round of financing worth tens of millions of U.S. dollars at the end of December. It was led by Shenzhen Qianhai Hongzhao Fund and backed by other Shenzhen-based RMB funds. This round of financing will mainly be used for the applications in the Chinese… Continue reading Chinese Self-Driving Startup AutoX Scores Pre-B Round
Tag: Mobility
Tata Motors aims to have the safest car in every segments it plays in
Tata Motors, India’s fourth largest passenger vehicle maker, is still some distance away from a podium position in the market. However, it wants to take the lead position when it comes to safety, an attribute it wants to build upon as a key USP for its models as part of its turnaround plan 2.0 “We… Continue reading Tata Motors aims to have the safest car in every segments it plays in
Deloitte India study says India open to connected vehicles but data privacy a concern
Image used for representational purpose As sustainable mobility and connected vehicles mega trends take centre stage, audit and financial consulting firm, Deloitte India’s Global Automotive Consumer Study 2020 reveals that eighty percent of Indian respondents are excited about using connected vehicles and convinced of its benefits but 69 percent respondents are also worried about the… Continue reading Deloitte India study says India open to connected vehicles but data privacy a concern
@Renault: INDUSTRY 4.0: THE RENAULT PLANT IN CURITIBA (BRAZIL) AWARDED BY THE WORLD ECONOMIC FORUM
The World Economic Forum rewarded the Renault plant in Curitiba, Brazil, as the first “advanced lighthouse” car plant in Latin America for Industry 4.0. This recognition is the second after the Renault plant in Cléon (France) in 2019. It rewards the worldwide deployment of Industry 4.0 in Groupe Renault plants. Boulogne-Billancourt, January 15, 2020… Continue reading @Renault: INDUSTRY 4.0: THE RENAULT PLANT IN CURITIBA (BRAZIL) AWARDED BY THE WORLD ECONOMIC FORUM
Consumers from Asian countries, the ones that bet the most on the connected, electric and autonomous vehicle
January 20, 2020 Category: Faconauto News This is ensured by a survey conducted by Deloitte Global Automotive that analyzes the perception of the connected, electric and autonomous vehicle among consumers. All analyzes seem to indicate that the connected vehicle, the electric and the autonomous will mark the future of the automotive sector. However, there are… Continue reading Consumers from Asian countries, the ones that bet the most on the connected, electric and autonomous vehicle
The economist José María Gay de Liébana will hold the inaugural conference of the Faconauto Congress
January 20, 2020 Category: Faconauto News The countdown to start the biggest automotive event has begun. The event will be held on February 5 and 6. The XXIX Edition of the Congress & Expo of Faconauto, which will be held at IFEMA on February 5 and 6, continues to outline its agenda in the absence… Continue reading The economist José María Gay de Liébana will hold the inaugural conference of the Faconauto Congress
Self-driving startup AutoX closes Series pre-B round to expand footprint in China
Autonomous driving startup AutoX has raised tens of millions of U.S. dollars in a Series pre-B round of financing to expand its footprint in the Chinese market, the company confirmed to DealStreetAsia. The development was first reported by 36Kr. The investment was led by a Shenzhen-based investment fund manager, whose name can be directly translated… Continue reading Self-driving startup AutoX closes Series pre-B round to expand footprint in China
Electric mobility: VW only wants money from the state for a limited time
Julian Stratenschulte / DPA VW electric car ID.3: State aid in the “initial ignition” The car maker Volkswagen (VW) only sees the need for state subsidies for electric cars in the early days. “We are committed to the start phase of the switch to E-mobility to promote. That is necessary in order to implement economically… Continue reading Electric mobility: VW only wants money from the state for a limited time
@Honda: Isuzu and Honda Sign an Agreement to Conduct Joint Research on Fuel Cell-powered Heavy-duty Trucks
TOKYO, Jan 15, 2020 – (JCN Newswire) – Isuzu Motors Limited and Honda R&D Co., Ltd., a R&D subsidiary of Honda Motor Co., Ltd., today signed an agreement to undertake joint research on heavy-duty trucks, utilizing fuel cells (FC) as the powertrain. Today, the automobile industry is facing a demand to reduce exhaust gas/carbon emissions… Continue reading @Honda: Isuzu and Honda Sign an Agreement to Conduct Joint Research on Fuel Cell-powered Heavy-duty Trucks
All-Electric Mercedes-Benz eEconic Is Coming
Daimler Trucks takes next logical step in truck electrification with battery-electric Mercedes-Benz eEconic eEconic is based on all-electric Mercedes-Benz eActros eEconic is ideal as waste-collection vehicle ideal in inner-city traffic due to high levels of ergonomics and safety. Electric drive has environmental and efficiency advantages Practical use of the eEconic is to start in 2021… Continue reading All-Electric Mercedes-Benz eEconic Is Coming