(Reuters) – Chinese startup AutoX, backed by e-commerce giant Alibaba, has applied to test self-driving vehicles without an in-car backup driver in California, the first challenger to Alphabet Inc’s autonomous driving venture Waymo to say it has done so. FILE PHOTO: A Waymo autonomous vehicle (formerly the Google self-driving car project) is displayed at the… Continue reading Exclusive: Alibaba-backed startup AutoX applies for driver-less test permit in California
Tag: Mobility
Toyota leads $50 million investment in autonomous shuttle startup May Mobility
May Mobility, a Michigan-based startup that is operating autonomous shuttle services in three U.S. cities, has has raised $50 million in a Series B round led by Toyota Motor Corp. The funding, which comes less than a year after May Mobility raised $22 million, will be used to expand every aspect of the company, including… Continue reading Toyota leads $50 million investment in autonomous shuttle startup May Mobility
VW, Daimler Executive Alvaro Ramis Joins Bestmile as VP of Business Development and Strategic Alliances
“Alvaro understands firsthand the importance of building partnerships with cities and other companies to deliver successful mobility services, having established multi-national partnerships in Europe, Asia, the Middle East, and North America,” said Raphael Gindrat, CEO and cofounder of Bestmile. “It takes an ecosystem of businesses and technologies to deliver next generation mobility services, and Alvaro… Continue reading VW, Daimler Executive Alvaro Ramis Joins Bestmile as VP of Business Development and Strategic Alliances
@Renault: HADI ZABLIT APPOINTED ALLIANCE GENERAL SECRETARY
Press releases Download all now ( 0 ) December 04, 2019 As of December 9th, Hadi Zablit is appointed Alliance General Secretary, reporting to the Alliance Operating Board and the CEOs of the three companies. The Alliance General Secretary will coordinate and facilitate major Alliance projects that are to be launched to accelerate business… Continue reading @Renault: HADI ZABLIT APPOINTED ALLIANCE GENERAL SECRETARY
Chinese PE Qingdao Wudaokou acquires stake in Chery Group
China’s private firm Qingdao Wudaokou New Energy Industrial Fund has announced the acquisition of stakes in the units of Chinese automaker Chery Group, per a company filing on its official Weibo account on Wednesday. Qingdao Wudaokou closed the deal at about 14 billion yuan ($2 billion). Qingdao Wudaokou will acquire 30.99 per cent stake in… Continue reading Chinese PE Qingdao Wudaokou acquires stake in Chery Group
Hadi Zablit promoted to general secretary of Renault, Nissan alliance
TOKYO (Reuters) – Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors (7211.T) on Wednesday said they had promoted Hadi Zablit to general secretary of their automaking alliance to accelerate business efficiencies across the companies. FILE PHOTO: A logo is seen during the inauguration of Renault-Nissan-Mitsubishi’s joint innovation lab in Tel Aviv, Israel June… Continue reading Hadi Zablit promoted to general secretary of Renault, Nissan alliance
Hyundai Motor eyes thrust on electric vehicles in $52 billion investment plan
SEOUL (Reuters) – Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver. FILE PHOTO: The logo of Hyundai Motors is seen at the company’s headquarters… Continue reading Hyundai Motor eyes thrust on electric vehicles in $52 billion investment plan
GM just made a big behind-the-scenes move to boost robot cars – Detroit Free Press
CLOSE General Motors announced plans to close three assembly plants, one each in Michigan, Ohio and Ontario before the end of 2019. Wochit Cruise Automation’s Dan Kan and Kyle Vogt pose for a photo with General Motors’ Dan Ammann at Cruise Automation offices in San Francisco, Calif. on Nov. 20, 2018. (Photo: Noah Berger, General… Continue reading GM just made a big behind-the-scenes move to boost robot cars – Detroit Free Press
Blockchain-based ride-hailing service Tada bags $5m in series A round
It plans to continue expanding within its current markets, further develop its mobility ecosystem, and build new products and services. Go to Source
Amazon Web Services puts Mahindra Electric in top gear: CEO
Mahindra, the biggest electric car seller in the country, terms its eVerito “India’s first electric sedan”. Las Vegas- With India planning to replace a significant portion of its conventional internal combustion engine fleet by electric vehicles (EV) in the next decade and target 30 per cent of all cars on the road to be EVs… Continue reading Amazon Web Services puts Mahindra Electric in top gear: CEO