GM will pull ahead construction of two new Ultium battery cell plants in the U.S., in addition to plants in Ohio and Tennessee now being built Growth investments enabled by GM’s strong underlying business, including record EBIT-adjusted in the last three quarters; GM increases first-half 2021 guidance DETROIT – General Motors Co. (NYSE: GM) announced… Continue reading @GM: GM Will Boost EV and AV Investments to $35 Billion Through 2025 June 16, 2021
Tag: Strategy
The Future of Travel Is Human
On the other hand, a trusted travel advisor can save the average do-it-yourselfer not only time but money while offering peace of mind. And, since travel advisors are human beings and not algorithms, clients can benefit from the personalized attention. They may even enjoy a few pleasant surprises now and then, from an upgrade to… Continue reading The Future of Travel Is Human
Smart enforcement app for trucks launched to reduce logistics costs: ComMin
By using the integrated smart solution, data related to goods being carried on a truck would be fetched from the existing Goods and Services Tax Network (GSTN) and VAHAN databases and this data would be available to enforcement officers on the road in advance for approaching trucks. The government on Wednesday said it has launched… Continue reading Smart enforcement app for trucks launched to reduce logistics costs: ComMin
Hyundai Motor Group Chairman Euisun Chung Visits U.S. to Review Future Mobility Strategies
SEOUL, South Korea, June 16, 2021 /PRNewswire/ — Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the Group’s strategies for future mobility and the direction of technological development. Chairman Chung has met executives and engineers of Motional Inc., the Group’s autonomous driving joint venture (JV), in Boston, Mass., as well as… Continue reading Hyundai Motor Group Chairman Euisun Chung Visits U.S. to Review Future Mobility Strategies
Indian software testing firm BrowserStack raises $200m, joins unicorn club …
Cloud-based software testing platform BrowserStack said on Wednesday it raised $200 million in a funding round that valued the company at $4 billion, joining the unicorn club for startups. The funding round was led by San Francisco-based technology investment firm BOND, which has backed companies like Airbnb Inc, DoorDash, and Facebook Inc, and included venture capital firms… Continue reading Indian software testing firm BrowserStack raises $200m, joins unicorn club …
Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone
Tire-making giant Bridgestone has taken a minority stake in Kodiak Robotics, the Silicon Valley-based startup developing autonomous trucks, as part of a broader partnership to test and develop smart tire technology. While the terms of the deal weren’t disclosed, Kodiak Robotics co-founder and CEO Don Burnette told TechCrunch that this is a direct financial investment.… Continue reading Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone
Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment round
Waymo, Google’s former self-driving project that is now a business unit under Alphabet, said Wednesday it raised $2.5 billion in its second outside funding round. The company said in a blog post it will use the funds to continue growing Waymo Driver, its autonomous driving platform, and growing its team. The round saw participation from… Continue reading Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment round
Transforming mobility with the confidence of world-class investors
As we build, deploy, and commercialize the Waymo Driver, it’s gratifying to see so much interest in being part of our journey to transform mobility, making it safer, more accessible, and more sustainable along the way. So we’re proud to announce our latest investment round of $2.5 billion, with participation from Alphabet, Andreessen Horowitz, AutoNation,… Continue reading Transforming mobility with the confidence of world-class investors
Ibeo partners with AAC to strengthen its global technology leadership
HAMBURG, Germany, June 16, 2021 /PRNewswire/ — Hamburg-based automotive LiDAR specialist Ibeo Automotive Systems GmbH has formed a strategic partnership with AAC Technologies. AAC will also become a shareholder of Ibeo alongside the founders and ZF Friedrichshafen AG. Ibeo is a technology leader for LiDAR systems with its new ibeoNEXT combining true solid-state technology –… Continue reading Ibeo partners with AAC to strengthen its global technology leadership
MyCarrier Announces Averitt Connect White Label Partnership
SCOTTSDALE, Ariz., June 16, 2021 /PRNewswire/ — MyCarrier CEO, Michael Bookout, announced today a licensing partnership with Averitt Express, a leading provider of freight transportation and supply chain management. The agreement represents a key milestone in MyCarrier’s growth strategy. MyCarrier’s recent less-than-truckload (LTL) technology advancements have made it possible to white label their SaaS platform… Continue reading MyCarrier Announces Averitt Connect White Label Partnership