Peter Minev – Careem’s Director of Engineering

Careem Berlin is home to one of our engineering facilities where a team of over 100 work on developing and improving Careem’s tech capabilities. Careem’s Director of Engineering is Peter Minev…

How did you reach your current position at Careem Berlin?
In 2015 I was simultaneously running engineering teams in Sofia, the Silicon Valley and India. A former colleague of mine from our office in the USA – an extraordinary talent from Stanford – got in touch and said he’d taken a new challenge – to build the entire engineering organisation of Careem. He offered me the opportunity to establish and head the engineering office in Berlin.

The challenge in front of the whole engineering organisation of Careem at that time was that there were a lot of high-quality engineers in the Middle East, but their number was not sufficient for the needs of such a fast-developing technological company. I faced the task to create a big office in a medium, which was new for me.

Why does Careem have an enginee..

Europe’s most popular ride-hailing service is launching e-scooters

Mytaxi, the Daimler-owned Uber competitor, announced today it would launch an electric scooter pilot in Southern Europe later this year, with a full international roll-out planned for 2019. Daimler initially took a 15 percent stake in Hamburg-based mytaxi in 2012, adding the company to its portfolio of ridesharing businesses that also includes Chauffeur Privé, Careem, Flinc, car2go and… Continue reading Europe’s most popular ride-hailing service is launching e-scooters

Volkswagen, Mobileye and Champion Motors to Invest in Israel and Deploy First Autonomous EV Ride-Hailing Service

The Volkswagen Group, Mobileye, an Intel Company, and Champion Motors announced plans to deploy Israel’s first self-driving ride hailing service – or Mobility-as-a-Service (MaaS) starting next year. For this, the partners are planning to establish a Joint Venture. The planned cooperation is subject to approval by the responsible authorities and bod-ies. Operating as “New Mobility… Continue reading Volkswagen, Mobileye and Champion Motors to Invest in Israel and Deploy First Autonomous EV Ride-Hailing Service

Aston Martin ‘House of Beautiful’ brand centre opens in Shanghai

Aston Martin ‘House of Beautiful’ brand centre opens in Shanghai

Published: Oct 23, 2018

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Neil Allison

Iconic luxury British sports car manufacturer, Aston Martin Lagonda (AML), today announced the grand opening of its first global brand centre in China.

22 October 2018, Shanghai, China: Iconic luxury British sports car manufacturer, Aston Martin Lagonda (AML), today announced the grand opening of its first global brand centre in China.
Located in Shanghai’s Lujiazui financial district, the ‘House of Beautiful’ brand centre showcases all aspects of the Aston Martin experience, bringing together the company’s products, experiences and brand collaborations.
The impressive facility occupies over 300m2 and includes vehicle displays, space for entertaining and a lounge area for guests to relax. Situated within the MIFA 1862 Art Centre, the House of Beautiful will host design master classes, photography exhibitions and other exclusive events.
The new brand centre is part of the British luxury marque’s £620m trade and investment programme in China. The five-year plan, was announced by Aston Martin President and Group Chief Executive Officer, Dr Andy Palmer during a visit to China by a UK business delegation accompanying British Prime Minister Theresa May earlier this year.
Speaking at the opening of the global brand centre in Shanghai, Aston Martin Lagonda’s Vice President and Chief Creative Officer, Marek Reichman said: “The House of Beautiful mixes local culture, art, and shopping – delivering a truly luxurious experience.
“The new brand centre is part of an investment plan to strengthen our brand visibility to increase sales performance, which will further improve Aston Martin’s market share in this key market. This reflects our confidence in the Aston Martin brand and the attractiveness of the Chinese market which was our fastest growing region in 2017.”
The interior of the new brand-new 'House of Beautiful' brand centre has been designed by Marek Reichman and his team. Using the best materials and finishes, they have created an environment that enhances the cars on display.
Mr Peng Mingshan, President of Aston Martin China, said, “Shanghai has the perfect mixture of eastern and western culture. The opening of the 'House of Beautiful' is a significant milestone for our planned expansion in China. We will bring more unique brand experience to Chinese clients and fans of Aston Martin.”
Alex Hua Tian, the Chinese equestrian and Aston Martin China's 'Friend of the Brand', also attended the opening of the 'House of Beautiful'. He said: “It was a pleasure to attend the opening of Aston Martin’s first brand centre in China. The House of Beautiful is a truly luxurious destination which I am sure customers and fans will enjoy visiting.”
Aston Martin’s House of Beautiful is located L111, MIFA 1862 Arts Center, No. 1777, Riverside Avenue, Pudong New Area, Shanghai and is open seven days a week from 10am to 10pm.

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Vehicle Connectivity Thanks to Intelligent Antennas: Continental Acquires Automotive Division from Kathrein

“ Key technology of connected mobility: considerable growth expected on the automotive antenna market Acquisition follows a successful and long-standing relationship between Kathrein Automotive and Continental Board Member Helmut Matschi: “There would be no connectivity without antennas. High-performance intelligent antennas are the key technology for holistic vehicle connectivity.” Continental takes over the entire workforce Regensburg,… Continue reading Vehicle Connectivity Thanks to Intelligent Antennas: Continental Acquires Automotive Division from Kathrein

Fisker Inc. Announces Strategic Investment From Caterpillar Ventures

Investment aimed at Fisker Inc.'s future solid-state battery technology with applications in construction, energy storage, transportation and mining industries

Fisker Inc., an e-mobility and technology company developing electric vehicles and proprietary solid-state battery technologies, has announced today a strategic investment from Caterpillar Venture Capital Inc., a wholly owned subsidiary of Caterpillar Inc., the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Fisker Inc.'s solid-state batteries present the next generation post lithium-ion era of future battery technologies, that offer bulk electrodes with high energy densities, enhanced safety, faster charge times and lower costs.

Caterpillar Ventures' investment in Fisker illustrates a mutually recognized importance that electrification solutions will represent to multiple business segments in the future. While Caterpillar and Fisker serve fundamentally different industries, advancements in electrification technologies pose increasing importance and offer the potential to positively impact customer value for the right products.

About Fisker Inc.
California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable electric vehicles complemented with the longest range and shortest charging times on earth. As a leading force in influencing mass market electrification across the globe, the company's scientific breakthroughs include the patent-pending Fisker Flexible Solid-State Battery – ushering in a new era in fast charging, safety, range and costs of less than $100 per kWh. The brainchild of EV pioneer and world-leading automotive designer, Henrik Fisker, Fisker Inc.'s mission is to set a new standard of excellence and performance in the electric vehicle industry and mobility services – developing unique, high-performance electric vehicles that feature the latest in autonomous driving technology and exciting user experiences. To learn more, visit, www.FiskerInc.com.

About Caterpillar Ventures
Caterpillar Venture Capital Inc. (Caterpillar Ventures) assists entrepreneurs around the world to grow and scale their businesses to build today for a better tomorrow by leveraging Caterpillar's industry expertise, supply base and independent dealer network. Caterpillar Ventures' focus areas of investment include robotics, energy, advanced materials, and digital solutions that help our customers be successful. Caterpillar Ventures is a wholly owned subsidiary of Caterpillar Inc., the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-­electric locomotives. For more information, visit caterpillar.com/ventures.

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Grab snags $200m funding from US travel firm Booking Holdings

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China’s Didi Chuxing is poised to expand into hotel bookings

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The Impact of Self-Driving Cars on Roadway Safety a Hot Topic at Velodyne Lidar’s Inaugural World Safety Summit on Autonomous Technology

Former FAA deputy director and NTSB chairman, Christopher A. Hart, among the speakers sharing expertise and lessons learned from aviation and other industries committed to embracing the evolution of automation Velodyne Lidar, Inc., the inventor and leader of the lidar sensor industry for autonomous vehicles (AV), recently convened a host of business, government, public safety… Continue reading The Impact of Self-Driving Cars on Roadway Safety a Hot Topic at Velodyne Lidar’s Inaugural World Safety Summit on Autonomous Technology

Advancing Trucking Safety with LiDAR

October 8, 2018 There are many advantages to increasing the levels of autonomy in trucking. Autonomous vehicle technology provides multiple efficiency and safety benefits to the trucking industry. LiDAR technology presents the high-resolution, real-time 3D information needed to support advanced driver assistance systems (ADAS). Velodyne LiDAR is working with truck manufacturers, integrators and fleet management… Continue reading Advancing Trucking Safety with LiDAR