Shanghai/Munich. Today opened the newly BMW Group Shanghai R&D Centre as part of BMW’s Innovation Day China. The event showcased BMW’s latest developments in the areas of innovation, digital services, autonomous driving and automotive design. Following the opening of the Beijing R&D Centre and the laying of the foundation stone for phase II of the… Continue reading Opening of the new Shanghai Research & Development Center as part of BMW’s Innovation Day China.
Tag: M and A
New Workers in Town: Ford Launches Beekeeping Program Adding Six Honeybee Hives at World Headquarters
Unique Ford sustainability initiative supports honeybee populations, local ecosystem, gardening and farming communities Ford design competition yields innovative hive shells to showcase bees in their new homes near Ford’s new walking pathway – part of its ongoing Dearborn campus transformation Program launches in tandem with Pollinator Week and will contribute data to track honeybee health… Continue reading New Workers in Town: Ford Launches Beekeeping Program Adding Six Honeybee Hives at World Headquarters
rideOS raises $9 million in Series A funding led by Sequoia and announces partnership with Autonomic
rideOS announced it has raised $9 million in Series A funding. Sequoia Capital led the round with participation from Graph Ventures and SV Angel, and Sequoia Partner Mike Vernal has joined rideOS’s board of directors. In tandem, the company has announced its partnership with Ford-owned Autonomic, to address key challenges in the area of self-driving… Continue reading rideOS raises $9 million in Series A funding led by Sequoia and announces partnership with Autonomic
Ford of Europe May Sales Highest in 9 Years on Strength of Ford SUVs, Commercial Vehicles
About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility… Continue reading Ford of Europe May Sales Highest in 9 Years on Strength of Ford SUVs, Commercial Vehicles
China’s Didi Chuxing continues its international expansion with Australia launch
Didi Chuxing, China’s dominant ride-hailing company, is continuing its international expansion after it announced plans to launch in Australia this month. The company — which bought Uber’s China business in 2016 — said it will begin serving customers in Melbourne from June 25 following a month-long trial period in Geelong, a neighboring city that’s 75km… Continue reading China’s Didi Chuxing continues its international expansion with Australia launch
HUBJECT OFFICIALLY KICKS OFF U.S. OPERATIONS
The Most Widely Adopted Electric Vehicle Interoperability Platform Opens Santa Monica Headquarters and Expands Its Executive Team LOS ANGELES, CALIF. – June 14, 2018 – Hubject, the globally-recognized leader in electric vehicle (EV) interoperability, officially launched its U.S. operations from the company’s new U.S. headquarters in Santa Monica, Calif. Founded in 2012 to enable seamless… Continue reading HUBJECT OFFICIALLY KICKS OFF U.S. OPERATIONS
Enterprise Picks Up a Partner in First Driverless Car Foray
Updates with details on Voyage’s technology strategy in sixth paragraph. Go to Source Go to Source
Luminar rolls out its development platform and scores Volvo partnership and investment
The wizards in lidar tech at Luminar are doubling down on the practical side of autonomous car deployment with a partnership with and investment from Volvo, as well as a new “perception development platform” that helps squeeze every last drop out of its laser-based imagery. Volvo Cars has been one of the big investors in… Continue reading Luminar rolls out its development platform and scores Volvo partnership and investment
Volvo Cars Tech Fund invests in automotive sensor company Luminar
Volvo Cars Tech Fund invests in automotive sensor company Luminar Volvo Cars, the premium car maker, has completed the first strategic investment via its newly-founded investment fund by taking a stake in Luminar, a leading start-up in the development of advanced sensor technology for use in autonomous vehicles. The investment in Luminar, based… Continue reading Volvo Cars Tech Fund invests in automotive sensor company Luminar
Analysis: Ford India MD’s four-pronged growth strategy for suppliers
Ford India’s vision of becoming the most trusted automotive and mobility solutions company has a four-pronged growth strategy. Here’s how Anurag Mehrotra, president and MD, Ford India, underlines the importance of suppliers. Excerpts from his speech at the ACMA Value Chain Summit held last month in Gandhinagar, Gujarat. Strong brand: Quality is among the top three reasons… Continue reading Analysis: Ford India MD’s four-pronged growth strategy for suppliers