Leading the Transition to Zero Emissions: Our Commitment to 100% Electric Vehicles by 2030 The year 2020 will go down in history as an inflection point for humankind. The challenges we face today, from the global climate crisis that is ravaging our planet, to the global pandemic that is ravaging our lives, to the global… Continue reading Lyft To Switch To 100% Electric Cars By 2030
Tag: Strategy
Geek+ announces final closing of over USD$200 million Series C funding round
BEIJING, June 17, 2020 /PRNewswire/ — Geek+, a global provider of advanced robotics for logistics, announces it closed its Series C funding round at over USD $200 million in early 2020. Geek+ continues to lead the industry with the largest fundraising to date, following a USD $150 million B series in November 2018, already the… Continue reading Geek+ announces final closing of over USD$200 million Series C funding round
Uber pushes into on-demand public transit with its first SaaS partnership
Uber will manage an on-demand service for Marin County in the San Francisco Bay area with a Software as a Service product as part of the ride-hailing company’s broader strategy to push into public transit. Marin Transit will pay Uber a subscription fee to use its management software to facilitate requesting, matching and tracking of… Continue reading Uber pushes into on-demand public transit with its first SaaS partnership
Exclusive: Who’s in charge at Nissan? COO’s allies push to give him shared CEO role – sources
(Reuters) – Nissan’s chief operating officer Ashwani Gupta helped engineer the troubled automaker’s latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge. FILE PHOTO: Nissan Motor COO Ashwani Gupta speaks during a news conference at Nissan Motor headquarters… Continue reading Exclusive: Who’s in charge at Nissan? COO’s allies push to give him shared CEO role – sources
GoFor Closes 9.8M Seed Round Led By Builders VC
Round will fuel expansion across North America. OTTAWA, June 17, 2020 /PRNewswire/ – GoFor Industries, a provider of last mile logistics solutions, announced today the closing of its seed round of $9.8 million led by Builders VC, CEMEX Ventures, Mucker Capital, Plug and Play Ventures, Panache Ventures, I2BF Global Ventures, and the Capital Angel Network. The company’s… Continue reading GoFor Closes 9.8M Seed Round Led By Builders VC
Umicore Gets €125 Million Loan From EIB For Battery Materials Plant
Belgium/Poland: EIB and Umicore conclude €125 million loan for battery materials production in Poland 15 June 2020 First EIB loan to the Belgian group to finance the construction of a cathode material manufacturing facility in Nysa, Poland Umicore’s facility will support its customers in meeting the growing demand for rechargeable lithium-ion batteries for electric… Continue reading Umicore Gets €125 Million Loan From EIB For Battery Materials Plant
Fisker Commits to Global Leadership in Measuring and Reporting on Environmental, Social and Governance Practices – PR Newswire UK
“With a vision of a clean future for all and a mission to develop the world’s most sustainable vehicles, we have the opportunity to embed these important values into every aspect of our business and supply chain,” said Henrik Fisker, chairman and CEO of Fisker Inc. “At Fisker, we’re not just talking the talk. We’ve… Continue reading Fisker Commits to Global Leadership in Measuring and Reporting on Environmental, Social and Governance Practices – PR Newswire UK
Emails: Ghosn takedown motivated by effort to stop Nissan, Renault integration
Carlos Ghosn always said he was set up. Now there’s some evidence to support his claim. According to people familiar with what happened and previously unreported internal correspondence, the campaign by top Nissan Motor Co. executives to dethrone one of the most celebrated leaders in the automotive industry started almost a year before Ghosn’s arrest… Continue reading Emails: Ghosn takedown motivated by effort to stop Nissan, Renault integration
@VW Group: First overseas car freighter with low-emission LNG propulsion in service for Volkswagen Group
Premiere in Emden: For the first time, vehicles from Europe will be transported from Europe to North and Central America on a car freighter powered by liquefied natural gas (LNG). On Tuesday evening the SIEM CONFUCIUS with more than 4,800 vehicles for North America leaves Emden for Veracruz in the Gulf of Mexico. The LNG… Continue reading @VW Group: First overseas car freighter with low-emission LNG propulsion in service for Volkswagen Group
@VW Group: Volkswagen increases stake in QuantumScape
The Volkswagen Group is increasing its stake in QuantumScape and making an additional investment of up to US$200 million in the US battery specialist. The goal is to drive forward the joint development of solid-state battery technology. In future, solid-state batteries are expected to significantly increase range and shorten charging times further. “We are making… Continue reading @VW Group: Volkswagen increases stake in QuantumScape