Shaping the future of mobility, one child at a time: our investment in Zūm

Roughly half a million school buses transport more than 25 million students to and from school each day in the US, where the majority of buses are still state-owned and operated. The cost of transportation has increased rapidly over years, and this results in a public expense of close to $25 billion per year. As… Continue reading Shaping the future of mobility, one child at a time: our investment in Zūm

Flying taxi startup Volocopter raises $55 million in round led by Volvo parent Geely

German air taxi startup Volocopter raised €50 million ($55.3 million) in a funding round led by Geely, the Chinese parent company of Volvo Cars, the company announced. The new funds will be put toward achieving Volocopter’s goal of launching a commercial air taxi service powered by its 18-rotor electric aircraft “within the next three years.”… Continue reading Flying taxi startup Volocopter raises $55 million in round led by Volvo parent Geely

Volocopter raises $55M led by Volvo owner Geely, sets 3-year timeline for its flying taxi service

The promise of flying cars has become an idea more synonymous with the tech world’s shortcomings than its exciting potential, but today one of the startups that has been focused on actually trying to make small, airborne vehicles a reality is announcing a fundraise and says it’s on track for a commercial launch in two to… Continue reading Volocopter raises $55M led by Volvo owner Geely, sets 3-year timeline for its flying taxi service

Geely Automobile Holdings Sales Volume For August 2019 Was 101,223 Units

06 September 2019, Hong Kong. Geely Automobile Holdings Limited (Group)  announced that the total sales volume of the Group (including the sales volume of LYNK & CO-branded vehicles sold by the Group’s 50%-owned joint venture) for the month of August 2019 was 101,223 units, a decrease of approximately 19% from the same period last year,… Continue reading Geely Automobile Holdings Sales Volume For August 2019 Was 101,223 Units

Press Releases – ACEA appoints new Director General

Brussels, 6 September 2019 – The European Automobile Manufacturers’ Association (ACEA) is pleased to announce the appointment of Eric-Mark Huitema as its new Director General, with effect on 1 October. Mr Huitema will succeed Erik Jonnaert, who is stepping down as Secretary General after six years at the helm of the association, which represents the… Continue reading Press Releases – ACEA appoints new Director General

GM will use Google’s embedded Android Automotive OS in cars starting in 2021

General Motors will use Google’s new Android Automotive OS to power the infotainment systems in its cars starting in 2021, the two companies announced on Thursday. That means Google Assistant, Maps, and other automotive-approved Android apps will be available in GM’s cars via the Play Store without requiring the use of an Android smartphone. All… Continue reading GM will use Google’s embedded Android Automotive OS in cars starting in 2021

GM will use Google to power future infotainment systems

DETROIT (Reuters) – General Motors Co(GM.N) will use embedded Google technology to power navigation, voice activated controls and other vehicle infotainment functions starting in 2021, in a win for Alphabet Inc (GOOGL.O) in the race with Amazon.com and other technology companies to control dashboards. FILE PHOTO: The GM logo is seen at the General Motors… Continue reading GM will use Google to power future infotainment systems

Press Releases – EU auto industry sets out pillars of work for new policy term

Brussels, 5 September 2019 – The European Automobile Manufacturers’ Association (ACEA) launched its manifesto for the future of the EU auto industry during the ‘Leading the Mobility Transformation’ Summit in Brussels yesterday. The 2019-2024 ACEA Manifesto puts forward the key pillars to foster collaboration with policy makers. It comes right at the start of a… Continue reading Press Releases – EU auto industry sets out pillars of work for new policy term

Press Releases – Access to electric car chargers must be guaranteed, urge auto makers, electricity sector and NGO

Brussels, 4 September 2019 – The European Automobile Manufacturers’ Association (ACEA), Eurelectric and Transport & Environment (T&E) are calling on the European institutions to facilitate a rapid roll-out of smart charging infrastructure for electrically-chargeable vehicles. This is a unique collaboration as it marks the first time that the EU auto industry, electricity sector and the… Continue reading Press Releases – Access to electric car chargers must be guaranteed, urge auto makers, electricity sector and NGO