KARIYA, Japan, May 24, 2019 /PRNewswire/ — DENSO, the world’s second largest mobility supplier, today announced updates to its new business strategy and progress toward achieving its 2030 goal: to create and inspire new value for the future of advanced mobility. In October 2017, DENSO declared its ‘second founding‘ as it expanded into software-based solutions to… Continue reading DENSO Delivers Company Direction Update, Shares Sales Projections
Tag: Mobility
Five millionth compact vehicle from Rastatt: Start of Production of the new A-Class Sedan
More than five million Mercedes-Benz compact vehicles “Made in Rastatt” since 1997. The A-Class Sedan is now being built at the Mercedes-Benz plant in Rastatt on the same line as the A-Class and the GLA. Flexible, resource-conserving and energy-efficient production of four compact models is now in operation at the Mercedes-Benz plant in Rastatt, in… Continue reading Five millionth compact vehicle from Rastatt: Start of Production of the new A-Class Sedan
Nigeria’s Gokada raises $5.3M round for its motorcycle ride-hail biz
In many large cities across Africa, motorcycle taxies are as common as yellow-cabs in New York. That includes Lagos, Nigeria, where ride-hail startup Gokada has raised a $5.3 million Series A round to grow its two-wheel transit business. Gokada has trained and on-boarded over 1000 motorcycles and their pilots on its app that connects commuters… Continue reading Nigeria’s Gokada raises $5.3M round for its motorcycle ride-hail biz
Amazon’s Jeff Bezos Says He Is ‘Very Excited’ About The Auto Industry
Just don’t expect a Kindle FIre EV anytime soon. At a recent all-hands meeting, Amazon CEO Jeff Bezos shared his excitement about the coming changes to the auto industry. “It’s going to be something very interesting to watch and participate in, and I’m very excited about that whole industry.” Said Bezos in a recording shared with… Continue reading Amazon’s Jeff Bezos Says He Is ‘Very Excited’ About The Auto Industry
Flying taxi startups look to Asian markets for takeoff
The world’s first passenger-drone services may debut in Asia — but the technology behind these flying taxis will be largely European. Volocopter GmbH of Germany said Thursday it will open a landing facility in Singapore later this year for trial flights, while Austria’s FACC AG is working to produce hundreds of passenger drones for Chinese… Continue reading Flying taxi startups look to Asian markets for takeoff
Automakers have a choice: Become data companies or become irrelevant
Jeff Peters Contributor Jeff Peters, PhD is a principal at Autotech Ventures, investing in transportation startups. He has published academic and media articles on transportation, optimization, autonomous driving and AI. More posts by this contributor Will self-driving cars kill parking? The AI in your non-autonomous car While Bezos amassed billions, Apple took over our culture,… Continue reading Automakers have a choice: Become data companies or become irrelevant
Watch Cruise’s self-driving cars perform 1400 unprotected left turns in 24 hours – The Verge
Left hand turns are tough, and unprotected lefts — no traffic light or stop sign to guide the way — are even harder. This holds true for both human and robot drivers; even the most skilled self-driving car struggles to make a seamless left turn. Cruise, the self-driving division of General Motors, knows this to… Continue reading Watch Cruise’s self-driving cars perform 1400 unprotected left turns in 24 hours – The Verge
Uber brings electric bike service JUMP to London
FILE PHOTO: Uber “JUMP” bikes are shown along a sidewalk in downtown San Diego, California, U.S., April 23, 2019. REUTERS/Mike Blake/File Photo LONDON (Reuters) – Taxi app Uber will pilot its electric bicycle service JUMP in London from Friday as it makes 350 bikes available to rent in a part of Britain’s capital city, a… Continue reading Uber brings electric bike service JUMP to London
Fresh off a $530M round, Aurora acquires lidar startup Blackmore
Aurora, the self-driving car startup backed by Sequoia Capital and Amazon, is in an acquiring mood. The company, founded in early 2017 by Chris Urmson, Sterling Anderson and Drew Bagnell, announced Thursday that it acquired lidar company Blackmore. The Blackmore purchase follows another smaller, and previously unknown, acquisition of 7D Labs that occurred earlier this… Continue reading Fresh off a $530M round, Aurora acquires lidar startup Blackmore
DoorDash, now valued at $12.6B, shoots for the moon
More than five years ago, Sequoia partner Alfred Lin called Tony Xu, the founder of a small on-demand delivery startup called DoorDash, to say he was passing on the company’s seed round. This was, of course, before venture capital funding in food delivery startups had taken off. DoorDash, launched out of Xu’s Stanford graduate school… Continue reading DoorDash, now valued at $12.6B, shoots for the moon