Start-ups plugging into electric mobility is now mega trend. The latest in India is the Coimbatore-based Boom Motors, which has launched its Corbett 14 (single battery and 100km range) and Corbett 14-EX (dual battery and 200km range) moto-scooters. They are priced at Rs 89,999 and Rs 124,999 respectively. In terms of tech specs, the Corbett… Continue reading EV start-up Boom Motors launches moto-scooters at Rs 89,999
Tag: Strategy
@Hyundai: Kia pledges to become a ‘Sustainable Mobility Solutions Provider’ and unveils roadmap to achieve carbon neutrality by 2045
(Seoul) November 11, 2021 – Kia Corporation has set out its vision to become a truly sustainable, responsible, and innovative mobility solutions leader, announcing a commitment to achieve carbon neutrality by 2045. Kia announced its corporate vision at its ‘Kia Sustainability Movement’ virtual presentation on November 11. Kia’s vision to become a ‘Sustainable Mobility Solutions Provider’ reflects… Continue reading @Hyundai: Kia pledges to become a ‘Sustainable Mobility Solutions Provider’ and unveils roadmap to achieve carbon neutrality by 2045
Vehicle service start-up Automovill forays into Pune, adds 20 partner workshops and 3 company owned hubs
Bangalore-based full-stack mobility start-up Automovill has launched its operations in Pune with 20 car repair workshops partners and has established 3 company-owned Hubs in the first phase of expansion in the city. The start-up was founded in 2016 in Guwahati by Mridu Mahendra Das and Chinmay Baruah and recently joined by Ramana Sambu as co-founder… Continue reading Vehicle service start-up Automovill forays into Pune, adds 20 partner workshops and 3 company owned hubs
@Ford: Ford and Purdue Patent Charging Station Cable for Research That Could Lead to Recharging EVs as Quickly as Gas Station Fill-Ups
Ford researchers have successfully completed an early step with Purdue University inventing a new, patent-pending method for charging stations that could one day deliver significantly more power compared to today’s leading systems Using liquid as an active cooling agent, the concept uniquely changes the liquid to vapor, and could combine with in-development vehicle charging technology… Continue reading @Ford: Ford and Purdue Patent Charging Station Cable for Research That Could Lead to Recharging EVs as Quickly as Gas Station Fill-Ups
@GM: GM Shows Unlimited Possibilities for Personal Mobility at China International Import Expo
GM Shows Unlimited Possibilities for Personal Mobility at China International Import Expo 2021-11-05 SHANGHAI – With the return of its signature sports car and pickup truck, as well as a new take on the dynamic lifestyle they lead, General Motors is fully charged for its participation in the Fourth China International Import Expo (CIIE), which… Continue reading @GM: GM Shows Unlimited Possibilities for Personal Mobility at China International Import Expo
EV startup Rivian Automotive debuts on stock market, spelling likely windfall for Ford
Electric vehicle maker Rivian Automotive Inc., a partner of Ford Motor Co., made its stock market debut Wednesday in what was expected to be one of the largest-ever initial public offerings. The California-based company, which recently became the first automaker to bring an electric pickup to market with the launch of its R1T truck, on Tuesday priced its… Continue reading EV startup Rivian Automotive debuts on stock market, spelling likely windfall for Ford
@VW Group: A pioneer in electric mobility and sustainability: Audi Brussels produces its eight millionth car004187
Ceremony in Belgium: The eight millionth car comes off the assembly line at Audi Brussels. Markus Duesmann, CEO of AUDI AG appeared enthusiastic on his visit to Brussels, a site that was designated a “Factory of the Future” only in the last year. Since fall of 2018, Audi Brussels has produced the first fully electric… Continue reading @VW Group: A pioneer in electric mobility and sustainability: Audi Brussels produces its eight millionth car004187
Adient reports fourth quarter 2021 financial results
A turbulent production environment (driven by semiconductor supply chain disruptions) and rising commodity prices continue to have a significant impact on the company’s near-term results PLYMOUTH, Mich., Nov. 10, 2021 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced fourth quarter 2021 financial results. (PRNewsfoto/Adient) Q4 GAAP net income and EPS… Continue reading Adient reports fourth quarter 2021 financial results
Self-driving truck startup Kodiak Robotics raises $125M
Kodiak Robotics, one of the last privately held autonomous truck outfits in Silicon Valley, has raised $125 million in new capital, funding that will be used to double its workforce as it pursues a path to commercialization. The oversubscribed Series B stands out for its lengthy list of backers and notably that the lead investor… Continue reading Self-driving truck startup Kodiak Robotics raises $125M
Technology · 3:13 PM UTCAI chip startup Cerebras Systems raises $250 million in fundingCerebras Systems, a Silicon Valley-based startup developing a m…
Nov 10 (Reuters) – Cerebras Systems, a Silicon Valley-based startup developing a massive computing chip for artificial intelligence, said on Wednesday that it has raised an additional $250 million in venture funding, bringing its total to date to $720 million. The Cerebras chip is about the size of a dinner plate, much larger than the… Continue reading Technology · 3:13 PM UTCAI chip startup Cerebras Systems raises $250 million in fundingCerebras Systems, a Silicon Valley-based startup developing a m…