Fontinalis Partners Closes $104M Fund III

Fontinalis Partners, a mobility-focused venture firm with offices in Detroit and Boston, closed a $104m third fund. Fontinalis III brings the firm’s total committed capital to approximately $270m, and the fund is comprised of more than 30 limited partners spanning institutional investors, individuals & family offices, and corporate investors with strategic relevance to mobility. In… Continue reading Fontinalis Partners Closes $104M Fund III

DisruptedA secret weapon for self-driving car startups: Humans10:06 AM UTC

FREMONT, Calif., Aug 23 (Reuters) – Self-driving startups like Cruise and Pony.ai have begun testing their driverless cars in some parts of California in the past year, with an additional feature: Human operators. While there is no driver behind the wheel, the passenger seat is occupied by a safety operator who “has a red button… Continue reading DisruptedA secret weapon for self-driving car startups: Humans10:06 AM UTC

Is the automotive sector ready to face the transition to the electric vehicle?

23 August, 2021 Posted by: Jorge Platero Category: Faconauto News Despite the increase in sales, more needs to be done to attract consumers and meet the targets set for the coming years. Car Dealer Magazine has analyzed in a special article how it is today the transition to the electric vehicle. In general, he points… Continue reading Is the automotive sector ready to face the transition to the electric vehicle?

Tesla (TSLA) starts Model Y deliveries in Europe

Tesla (TSLA) has officially started Model Y deliveries in Europe. It was a long wait for customers, and interestingly the first deliveries were achieved through a change in strategy for Tesla. Tesla first unveiled the Model Y in March of 2020 and delivered the first units of the electric SUV in the US almost exactly… Continue reading Tesla (TSLA) starts Model Y deliveries in Europe

China’s V Fund secures first close of new RMB fund V Fu…

V Fund, a private equity investment management company that specialises in industrial technology and intelligent manufacturing, has secured the first close of a new RMB fund. The firm did not disclose the financial details of the transaction, however, it said its assets under management (AUM) now stand at over 10 billion yuan ($1.5 billion), following the… Continue reading China’s V Fund secures first close of new RMB fund V Fu…

LG Energy Solution to Supply ‘Coin Cell Batteries’ to Samsung Electronics… To be Mounted on Galaxy Buds

LG Energy Solution will supply ‘coin cell batteries’ to Samsung Electronics. Coin cell batteries are coin-shaped lithium-ion batteries that are applied to wireless earphones. It is the first time that LG Energy Solution mass-produces and supplies coin cell batteries. <Galaxy Buds Live mounted with coin cell battery> According to the industry on the 22nd, LG… Continue reading LG Energy Solution to Supply ‘Coin Cell Batteries’ to Samsung Electronics… To be Mounted on Galaxy Buds

Euler Motors bags order for 2,500 electric three-wheelers

New Delhi-based electric mobility start-up Euler Motors has announced that it has received orders from leading e-commerce players including BigBasket, Flipkart and Udaan among others for 2,500 electric three-wheelers for intra-city deliveries. As part of the understanding, the companies will deploy Euler Motors’ EV across Delhi NCR, Bangalore, Hyderabad and Chennai for first-, mid- and… Continue reading Euler Motors bags order for 2,500 electric three-wheelers

Inside the industry: Tailpipe emissions will be a thing of the past before too long

What’s the best way to lower emissions from cars? To sell more cars. How do? The logic is simple. The UK has a car parc of around 38 million; about two million new cars pour into the funnel each year; some eight million used cars change hands; and around 1.5 million cars are scrapped, at… Continue reading Inside the industry: Tailpipe emissions will be a thing of the past before too long

German Handelsblatt: Autotest: Opel with night vision device – this is how the Grandland should score in the SUV segment002732

New front The Opel Grandland Hybrid gets the brand-typical Vizor. Frankfurt The traditional brand with the lightning bolt is sparking again. In the first seven months, Opel registrations in Germany increased by a whopping 35.5 percent, the 100,000-unit mark was only just missed. A good tenth of it bears the word Grandland on the stern,… Continue reading German Handelsblatt: Autotest: Opel with night vision device – this is how the Grandland should score in the SUV segment002732

@VINFAST: News Release VinFast partners with Gotion High-Tech in LFP battery cell R&D Vingroup VinFast LLC and Gotion High-Tech Co., …

News release by Vingroup HANOI, VIETNAM | August 22, 2021 09:30 PM Eastern Daylight Time   VinFast LLC and Gotion High-Tech Co., Ltd (China) – a reputable name in the global clean energy sector – signed an MoU, focusing on the procurement of Gotion LFP batteries and discussion of the possibility to establish a Giga… Continue reading @VINFAST: News Release VinFast partners with Gotion High-Tech in LFP battery cell R&D Vingroup VinFast LLC and Gotion High-Tech Co., …