Renault-Nissan-Mitsubishi launch $1 bln venture capital fund

TOKYO, Jan 10 (Reuters) – The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 billion over five years, the latest move by major carmakers as they seek to adapt to rapid industry change by investing in startups. It is set to be largest corporate… Continue reading Renault-Nissan-Mitsubishi launch $1 bln venture capital fund

Renault SYMBIOZ Demo Car: innovative, people-focused design

Friday 08 December 2017 by Caroline De Beaumont – Innovation Caroline De Beaumont Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest Renault reaches a new milestone in sharing it vision of the future with its SYMBIOZ Demo car, the first Level 4 prototype bringing to life the SYMBIOZ concept-car unveiled last… Continue reading Renault SYMBIOZ Demo Car: innovative, people-focused design

DiDi completes 7.43b rides in 2017

A mobile phone user uses the taxi-hailing and car-service app DiDi Chuxing, Feb 22, 2015. [Photo/IC] BEIJING — Chinese ride-hailing giant DiDi Chuxing completed 7.43 billion rides for 450 million users in more than 400 cities across China last year, the company announced Monday. The record high number of rides, which does not include bike-sharing… Continue reading DiDi completes 7.43b rides in 2017

Didi to roll out all-inclusive bike-sharing platform

A mobile phone user uses the taxi-hailing and car-service app Didi Chuxing, Feb 22, 2015. [Photo/IC] Didi Chuxing, China’s largest ride-sharing company, announced on Tuesday that it will soon launch a comprehensive bike-sharing platform within its app, which will integrate Ofo Inc, Bluegogo, and other potential bike-sharing partners, as well as Didi’s upcoming own-branded bike-sharing… Continue reading Didi to roll out all-inclusive bike-sharing platform

Ford’s plan for a ‘smart city’: Join transit cloud

Ford imagines a network of technologies they call the Transportation Mobility Cloud, which the automaker is developing with Silicon Valley start-up Autonomic. At the center is a “cloud”-based platform that Ford thinks can improve city streets by using advanced data-sharing and, of course, self-driving cars.(Photo: Ford) Las Vegas — Facing pressure to demonstrate Ford Motor… Continue reading Ford’s plan for a ‘smart city’: Join transit cloud

Visteon and Guangzhou Automobile Group of China Automotive Engineering Institute Sign Strategic Cooperation Agreement for Autonomous Driving and Cockpit Electronics Development

LAS VEGAS, Jan. 9, 2018 /PRNewswire/ — Visteon Corporation (Nasdaq: VC), a global leader in automotive cockpit electronics, today signed a strategic cooperation agreement with Guangzhou Automobile Group Co., Ltd. Automotive Engineering Institute (GAC Engineering), a leading China-based vehicle manufacturer, to develop and deploy autonomous driving and other cockpit electronics solutions. Under the agreement, both companies will collaborate on the development… Continue reading Visteon and Guangzhou Automobile Group of China Automotive Engineering Institute Sign Strategic Cooperation Agreement for Autonomous Driving and Cockpit Electronics Development

Jump will be the first stationless, e-bike-sharing service to launch in SF

Social Bicycles, maker of the Jump pedal assist e-bikes that don’t require docking stations, has received a permit from the San Francisco Municipal Transportation Agency to launch 250 dockless electric bikes in San Francisco sometime between now and the end of March. This is the first permit the city has issued to an electric, stationless… Continue reading Jump will be the first stationless, e-bike-sharing service to launch in SF

Renault-Nissan-Mitsubishi launches a venture capital fund to invest up to $1 billion over five years

Alliance ventures to prioritize next-generation mobility with $200 million year-one funding New entity to act as main interface for start-ups, investors and the venture capital ecosystem Fund prioritizes open innovation in new mobility, including electrification, autonomous systems, connectivity and artificial intelligence First deal to be a strategic investment in Ionic Materials, a US company developing… Continue reading Renault-Nissan-Mitsubishi launches a venture capital fund to invest up to $1 billion over five years

Carlos Ghosn on Autonomous Cars, Tax Reform and Nafta

January 9th, 2018, 10:41 PM UTC Carlos Ghosn, chairman of Alliance Ventures, the world’s largest automotive alliance, discusses the future of autonomous cars, the impact of tax reform on the auto industry and the state of Nafta talks. He speaks with Bloomberg’s Emily Chang on “Bloomberg Technology.” (Source: Bloomberg)

Ford lays out grand vision for a self-driving car future

LAS VEGAS — Ford CEO Jim Hackett offered an ambitious vision for the automaker’s self-driving vehicle business strategy Tuesday, depicting a future that will be as much as about networks of cars and traffic signals as any particular models. Ford CEO James Hackett smiles while getting ready for an interview next to a self-driving delivery… Continue reading Ford lays out grand vision for a self-driving car future