GÖTEBORG, Sweden, Dec. 5, 2019 /PRNewswire/ — Volvo Group Venture Capital AB has invested in Apex.AI, a leading software company in autonomous mobility. The investment will fund the development of a safety-certified software framework for autonomous systems. Apex.AI, a Palo Alto, California-based company founded in 2017, is building an automotive-grade version of ROS (Robot Operating… Continue reading Volvo Group Venture Capital Invests in Software for Autonomous Mobility
Tag: Mobility
@Tata-JLR: INMOTION VENTURES INVESTS IN APEX.AI ALONGSIDE VOLVO GROUP VENTURE CAPITAL AND HELLA VENTURES
For more information about Destination Zero please visit www.jaguarlandrover.com. About InMotion At InMotion, we are shaping the future of transport, mobility and travel. Powered by Jaguar Land Rover, we’re dedicated to investing in and inventing innovations that will change the way we move. InMotion’s venture capital arm invests in high-growth companies in the mobility, transport,… Continue reading @Tata-JLR: INMOTION VENTURES INVESTS IN APEX.AI ALONGSIDE VOLVO GROUP VENTURE CAPITAL AND HELLA VENTURES
@Hyundai: Kia Motors officially opens new India production facility
Kia plans to strengthen its innovative brand image and digital leadership Introduction of fully digitized sales and service channel for customers Kia expanding its future mobility business through various partnerships Kia to expand the product portfolio in 2020 with premium MPV and sub-compact SUV, one of the best-selling segment in India Seltos achieve early success… Continue reading @Hyundai: Kia Motors officially opens new India production facility
General Motors and LG Chem Team Up to Advance Toward an All-Electric Future, Add Jobs in Ohio
DETROIT, Dec. 5, 2019 /PRNewswire/ — Will create more than 1,100 new jobs in a new, Ohio-based facility Joint venture to drive cost per kilowatt hours to industry-leading levels New battery plant to have an annual capacity of more than 30 gigawatt hours with flexibility for expansion Companies enter joint agreement to develop advanced tech,… Continue reading General Motors and LG Chem Team Up to Advance Toward an All-Electric Future, Add Jobs in Ohio
Uber-rival Bolt opens new hub in Chiswick, London, surging to 1.5 million London passengers in 6 months
Bolt, one of Europe’s leading on-demand transportation platforms, today unveiled a new hub for drivers in Chiswick, west London, amid rapidly growing demand. Bolt’s passenger numbers in London have surged to more than 1.5 million in six months, five times the three-month figure.
Bolt’s new hub in Chiswick, London, is designed to bring Bolt closer to its drivers while providing them with useful services, all under one roof. It provides a permanent and convenient location for current and prospective drivers to meet members of Bolt’s customer service team in person, to ensure their experience is as quick and seamless as possible. The hub will be staffed by a driver liaison team that can answer questions and provide information directly to current and prospective drivers. There are 50 parking spaces, meeting rooms, a reception and a lounge area. The space will also be used to host events and forums.
Sam Raciti, Bolt UK Country Manager, said: “Our new London driver hub allows us to offer..
Mercedes-Benz Cars opens plug-in hybrid battery plant in Thailand
The global battery production network within the Mercedes-Benz Cars production network has put the third production facility into operation: A factory for plug-in hybrid batteries has been opened in the Bangkok region in Thailand. It is being set up in partnership with Thonburi Automotive Assembly Plant (TAAP) and Thonburi Energy Storage Systems (TESM). Mercedes-Benz has… Continue reading Mercedes-Benz Cars opens plug-in hybrid battery plant in Thailand
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LA Cleantech Incubator Funds Electric Vehicle Rental Program
The Zero Emissions Mobility and Community Pilot Project Fund was announced by Los Angeles Mayor Eric Garcetti in May 2019 to help meet the goals of L.A.’s Green New Deal. Photo via Depositphotos. The Los Angeles Cleantech Incubator (LACI) chose a carsharing project headed by Pacoima Beautiful as one of the recipients of the Zero Emissions Mobility and… Continue reading LA Cleantech Incubator Funds Electric Vehicle Rental Program
May Mobility Raises $50M in Series B Funding
May Mobility, an Ann Arbor, Mich.-based autonomous Transportation-as-a-Service (TaaS) provider, closed a $50m Series B funding round. The round, which brought the company’s total raised to $84m to date, was led by Toyota Motor Corporation with participation from SPARX Group and return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI… Continue reading May Mobility Raises $50M in Series B Funding
Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ premium ride-hailing service in Hangzhou
Daimler Mobility AG and Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group (Geely Holding), unveiled the premium ride-hailing provider StarRides in China with inaugural services to begin in Hangzhou in December 2019. The ride-hailing joint venture will begin operating in Hangzhou, a city of more than 10 million people that is home to… Continue reading Daimler Mobility AG and Geely Technology Group inaugurate ‘StarRides’ premium ride-hailing service in Hangzhou