It’s hard to keep up with the fundraising spree in China’s autonomous driving industry these days. Guangzhou- and California-based robotaxi company WeRide, which counts Renault-Nissan-Mitsubishi Alliance as one of its strategic investors, has raised over $600 million in just under five months from its Series B and C financing rounds. The four-year-old upstart said in… Continue reading Chinese robotaxi unicorn WeRide bags over $600M in 5 months
Tag: Renault
Chinese self-driving startup WeRide raises $310m, strengthens ties with Nissan …
WeRide, a China-based autonomous driving startup, said on Wednesday that it would deepen development with Nissan Motor on autonomous driving technology for the China market as it raised $310 million at a $3.3 billion valuation. WeRide, led by founder Tony Han, is pursuing what is known in the auto industry as a level 4 autonomous… Continue reading Chinese self-driving startup WeRide raises $310m, strengthens ties with Nissan …
Lancia’s revival plan focuses on electrification, design, expansion outside Italy – Automotive News Europe
Ploue, 58, who started his career at Renault in 1985, “will personally supervise” the creation of Lancia’s new products along with a “lean and focused team” of young designers based in Turin, Stellantis said in a release. He joined PSA Group in 1999 after a decade at Renault where he contributed to the designs of the… Continue reading Lancia’s revival plan focuses on electrification, design, expansion outside Italy – Automotive News Europe
Renault Group: EMTN Program Base Prospectus – June 18, 2021
Issuer : Renault SA13/15 quai Alphonse Le Gallo92100 Boulogne-Billancourt Boulogne, 22nd June, 2021 Renault SA filed its EMTN Program Base Prospectus dated June 18, 2021 with the Autorité des marchés financiers (the “AMF”) and received visa N° 21-237. Copies of the supplemental are available free of charge in the head office of Renault SA –… Continue reading Renault Group: EMTN Program Base Prospectus – June 18, 2021
Nissan CEO says performance for April, May better than expected
New Delhi: Nissan Motor Co‘s financial performance in April and May was better than expected, the automaker’s president said at the annual general meeting (AGM) on Tuesday. The announcement to shareholders came after the automaker’s forecast last month that its sales would break even for the fiscal year that began on April 1. Thanks to… Continue reading Nissan CEO says performance for April, May better than expected
Ford Motor Co. hires former Renault exec Franck Louis-Victor to lead new businesses
A former Groupe Renault executive, Franck Louis-Victor, will join Ford Motor Co. on July 1 as vice president of new businesses, the Dearborn automaker announced Monday. His role is essential to developing and implementing a strategic plan for the Ford+ plan to create new value for customers and stakeholders, the company said in a news release. He will… Continue reading Ford Motor Co. hires former Renault exec Franck Louis-Victor to lead new businesses
World NM: Nissan India exports over 1,200 units of Magnite to Nepal, Indonesia, and South Africa001336
Nissan India today announced that the Nissan Magnite export figure touched 1,220 units by the end of May 2021. Till May 2021-end, Nissan India produced 15,010 units — 13,790 units for the domestic market and 1,220 units for exports — of the Magnite. The customers can choose between 1.0-litre B4D NA-petrol (72PS of maximum power… Continue reading World NM: Nissan India exports over 1,200 units of Magnite to Nepal, Indonesia, and South Africa001336
The Station: Waymo nabs more capital, Cruise taps a $5B credit line and hints about Argo’s future
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to… Continue reading The Station: Waymo nabs more capital, Cruise taps a $5B credit line and hints about Argo’s future
@Ford: Franck Louis-Victor to Join Ford as VP, New Businesses, A Strategic Priority in Ford+ Plan to Grow, Create Value
Will head cross-functional team charged with accelerating development, incubation and delivery of new businesses to accelerate innovation in areas including AVs, mobility services DEARBORN, Mich., June 21, 2021 – A key driver of the Ford+ plan to grow and create value for customers and other stakeholders has a new leader, with Ford naming former Groupe… Continue reading @Ford: Franck Louis-Victor to Join Ford as VP, New Businesses, A Strategic Priority in Ford+ Plan to Grow, Create Value
@Nissan: Nissan’s European leading driving expert delivers a motoring masterclass with JUKE000369
2021/06/21 Paul Eames, Nissan’s European Driver Training Expert, Customer Oriented Engineering, uses his driving and engineering expertise to deliver a motoring masterclass JUKE offers a suite of advanced technologies enabling a nimble, enjoyable and safe experience for drivers and passengers alike Three-part educational video series illustrates how to enhance key skills when behind the wheel… Continue reading @Nissan: Nissan’s European leading driving expert delivers a motoring masterclass with JUKE000369