Tag: Strategy

APAC Dealbook: Grab-Samsung tech collaboration; Indonesia’s OKHOME raises $300k

Grab has partnered with Samsung to improve services for both drivers and passengers, while on-demand home cleaning service OKHOME has received $300,000 in a seed funding round from South Korean venture capital firms. Grab teams up with Samsung Southeast Asia’s ride-hailing company Grab has signed a multi-year MoU with electronics giant Samsung to collaborate on a wide… Continue reading APAC Dealbook: Grab-Samsung tech collaboration; Indonesia’s OKHOME raises $300k

An Autonomous Vehicle Project Sets Its Sights On a 200-Mile Test Drive in 2019

Go the Extra Mile Designing a self-driving car that can travel short distances is already an achievement in itself, but a new initiative aims to really put self-driving technology to the test in a long distance journey in the United Kingdom (UK). The HumanDrive Initiative, as it’s somewhat ironically called, plans to deploy an autonomous vehicle… Continue reading An Autonomous Vehicle Project Sets Its Sights On a 200-Mile Test Drive in 2019

Aptiv Named One of World’s Most Ethical Companies for Sixth Straight Year

GILLINGHAM, England, Feb. 12, 2018 /PRNewswire/ — Aptiv, formerly Delphi Automotive, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World’s Most Ethical Companies®. “Aptiv’s employees strive to operate with the highest standards of integrity,” said David M. Sherbin, Aptiv… Continue reading Aptiv Named One of World’s Most Ethical Companies for Sixth Straight Year

Transportation is Taking Off: Our Investment in Joby

Toyota AI Ventures was founded to invest in early-stage startups that are developing disruptive technologies and business models, particularly those that enable greater mobility and are multi-modal. That’s why the we, at Toyota AI Ventures, are incredibly excited to welcome Joby Aviation to our portfolio. The Santa Cruz, California-based company is building a new travel… Continue reading Transportation is Taking Off: Our Investment in Joby

CNH Industrial and Microsoft announce new strategic partnership to redefine the world of connected industrial vehicles

LONDON, Feb. 1, 2018 /PRNewswire/ — CNH Industrial (NYSE: CNHI /MI: CNHI) and Microsoft have today announced a new Digital Transformation project, aimed at empowering customers of CNH Industrial’s global agricultural brands, Case IH and New Holland Agriculture, and its commercial…

SAIC Venture Capital Announces Partnership with Plug and Play

Joining Plug and Play’s Mobility program, SAIC Capital will search for new startups disrupting the industry SUNNYVALE, CA December 7th, 2017 – SAIC Capital , the venture arm of the largest auto company on China’s A-share market, announced today a strategic partnership with Plug and Play, a global startup ecosystem and venture fund specializing in the… Continue reading SAIC Venture Capital Announces Partnership with Plug and Play

MAHLE Supervisory Board appoints Dr. Jörg Stratmann as the new Chairman of the Management Board and CEO

The 48-year-old industrial engineer becomes the new CEO of the MAHLE Group as of February 1, 2018. Wolf-Henning Scheider leaves MAHLE on January 31, 2018. Succession arrangements and new appointments at the top-level management of the MAHLE Group implemented quickly and sustainably. This quick transition was made much easier because MAHLE had already earmarked Dr.… Continue reading MAHLE Supervisory Board appoints Dr. Jörg Stratmann as the new Chairman of the Management Board and CEO

2017 UK car manufacturing declines by -3% but still second biggest output since turn of the century

1.67m cars built in the UK in 2017, a decline of -3.0% with production for domestic demand down -9.8%. Car exports remain at historically high level, down just -1.1% with 1.34m shipped worldwide – 79.9% of total production. British engine manufacturing at record-ever levels, with 2.72m produced, up 6.9% on 2016. SMMT restates need for… Continue reading 2017 UK car manufacturing declines by -3% but still second biggest output since turn of the century