At Toyota Ventures, we are on a mission to discover what’s next for Toyota by helping early-stage startups bring disruptive technologies and business models to market quickly. When we make an investment, it’s the first step in a much longer journey that we’re taking with our portfolio companies. We believe their success is our success.… Continue reading @Toyota: A Journey with Joby Aviation: From Investment to Strategic Manufacturing Collaboration
Tag: Strategy
@Groupe PSA: PR First Half 2021 Results002222
Stellantis Reports Record H1 Pro Forma(1) Results with 11.4% Margin, All Segments ProfitableFull-Year Guidance Raised to ~10% Adjusted Operating Income(2) Margin Pro Forma(1) Net revenues of €75.3 billion, up 46% Pro Forma(1) Adjusted operating income(2) (“AOI”) of €8.6 billion, with 11.4% margin; record North America margin at 16.1% Strong start to synergies execution, with ~€1.3 billion of net… Continue reading @Groupe PSA: PR First Half 2021 Results002222
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30th June 2021001349
Good morning, Ladies and Gentlemen. The performance of BMW is undisputed. As Nicolas Peter told us. We are on the right track. We are making the right decisions at the right time: the decisions that will keep our company profitable and successful for a long time to come. Ladies and Gentlemen,What is the world most concerned with… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Half-Year Report to 30th June 2021001349
@BMW: BMW Group boosts profitability and earnings in second quarter despite semiconductor shortage001347
Munich, Germany – August 3, 2021… The BMW Group continued performing dynamically in the second quarter, setting new record figures for sales, earnings and net profit. Demand for the Group’s premium vehicles has remained strong, with continued good pricing.Reported figures for the second quarter improved significantly compared to one year earlier, when the BMW Group… Continue reading @BMW: BMW Group boosts profitability and earnings in second quarter despite semiconductor shortage001347
Local Motors selects alwaysAI® as its Computer Vision partner for automated accessibility features and enhanced customer experience on Olli 2.0
alwaysAI®‘s platform will enable automated accessibility features and enhanced passenger experience in Local Motor’s AV products. These features will allow transit services to reach more passengers, drive up vehicle utilization, and improve passenger safety. “Computer vision is a critical part of the new transportation industry. CV provides intelligent sight to autonomous vehicles, like the shuttles… Continue reading Local Motors selects alwaysAI® as its Computer Vision partner for automated accessibility features and enhanced customer experience on Olli 2.0
Additive Manufacturer Acquires Multi-material 3D Printing Firm
Metal additive manufacturing firm Desktop Metal announced its acquisition of a startup company that pioneered systems to deposit multiple materials with adhesive binders during the 3D printing process. The suburban Boston company said Belgium-based Aerosint would operate as a wholly owned subsidiary of Desktop Metal and continue to be led by Edouard Moens de Hase and Matthias Hick, who… Continue reading Additive Manufacturer Acquires Multi-material 3D Printing Firm
@Daimler: Mercedes-Benz and GROB launch battery cooperation
Mercedes-Benz is intensifying its cooperation with GROB-WERKE in the field of manufacturing technology, expanding its production capacity and know-how for next-generation batteries. Stuttgart/Mindelheim – Local battery production is a key differentiator for Mercedes-Benz and its electric push. The company’s global battery production network will include nine battery factories on three continents underscoring the company’s ambition… Continue reading @Daimler: Mercedes-Benz and GROB launch battery cooperation
Gogoro Reaches 400,000 Monthly Battery Swapping Subscribers, Surpasses 200 Million Battery Swaps
“Gogoro’s strong momentum in monthly subscriber growth and total swapped batteries, along with our expanding list of partnerships with vehicle makers, are all strong indicators of our global leadership in urban battery swapping and smart mobility services,” said Horace Luke, founder, and CEO, Gogoro Inc. “We are proud of our success to date and the… Continue reading Gogoro Reaches 400,000 Monthly Battery Swapping Subscribers, Surpasses 200 Million Battery Swaps
Volta Charging Announces Intent To Expand In Europe
SAN FRANCISCO, Aug. 3, 2021 /PRNewswire/ — Volta Industries, Inc. (“Volta Charging”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, which has entered into a definitive agreement for a business combination with Tortoise Acquisition Corp. II (NYSE: SNPR), announced today that it intends to expand operations into the European Union with the opening… Continue reading Volta Charging Announces Intent To Expand In Europe
Putting the Spotlight on Future Mobility
August 3, 2021 Putting the Spotlight on Future Mobility Open share list Share this content. According to the report Global EV Outlook 2021, sales of electric vehicles (EV) around the world grew 41 percent in 2019 and despite the downturn in overall car sales in 2020 due to the pandemic, EV sales still managed to… Continue reading Putting the Spotlight on Future Mobility