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
Tag: Strategy
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
FAURECIA’S 2017 STRATEGIC HIGHLIGHTS
Patrick Koller CEO – Faurecia Mr. Patrick Koller serves as Chief Executive Officer of Faurecia S.A. since July 1, 2016. Mr. Koller served as the Chief Operating Officer of Faurecia S.A. since February 2, 2015. Mr. Koller served[…]
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
Electric car: Mercedes announces details about the electrical strategy
2019 is set to begin: Next year, Mercedes will begin mass production of the first models of the EQ electric series on three continents. The group provides eleven billion euros for the production of electric cars and batteries ready for it. (IAA 2017. technology)
CEO of Ford’s China operation resigns
Jason Luo (Photo: Ford Motor Company) The chairman and CEO of Ford Motor Co.’s Chinese operations resigned Monday, less than six months after taking over there. Jason Luo resigned for unspecified “personal reasons that predate his time at Ford,” according to Peter Fleet, Ford’s president of the Asia Pacific region. Fleet will take on Luo’s… Continue reading CEO of Ford’s China operation resigns
Electric Vehicle Manufacturer XPENG Motors kicks off RMB 2.2 Billion of Series B Capital Funding with Alibaba, Foxconn and IDG Capital, as Joint-Major Investors
HONG KONG, Jan. 29, 2018 /PRNewswire/ — XPENG Motors on Monday announced at a Hong Kong press conference the kick-off of its Series B capital funding of RMB 2.2 billion, with Alibaba Group, Foxconn and IDG Capital as three major investors. That will bring the total raised by XPENG Motors in capital market to over… Continue reading Electric Vehicle Manufacturer XPENG Motors kicks off RMB 2.2 Billion of Series B Capital Funding with Alibaba, Foxconn and IDG Capital, as Joint-Major Investors
Gérard Détourbet Is Renault’s Master of Cutting Corners
Six years ago, after more than four decades with Renault SA, Gérard Détourbet decided he was done. He was in Chennai, leading a group of engineers from Renault and its strategic partner, Nissan Motor Co., in an attempt to create a low-cost vehicle for the Indian market, when some of his employees left his team… Continue reading Gérard Détourbet Is Renault’s Master of Cutting Corners