Doubling investment in the future: Porsche has been putting together an unprecedented future development plan. By 2022, the sports car manufacturer will invest more than six billion euro in electromobility, focusing on both plug-in hybrids and purely electric vehicles.
Capping a recent expansion and a series of growth-oriented acquisitions and partnerships, Fair has announced the closing of their latest round of strategic equity funding, led by next47, the Siemens-backed global venture firm. Also making equity investments in the round are BMW, CreditEase FinTech Investment Fund, Millennium Technology Value Partners, 137 Ventures, G Squared, and Upfront Ventures.
Continental and NVIDIA have announced a partnership to create Artificial Intelligence (AI) self-driving vehicle systems based on the NVIDIA DRIVE platform, with a planned market introduction in 2021 for Level 3 features.
Arthur D. Little, the global management consultancy linking strategy, innovation and transformation in technology-intensive industries, has announced the appointment of Alain Flausch as Senior Advisor.
FISITA, the international membership organisation for the automotive and mobility engineering profession, is embracing the concept of Mobility-as-a-Service (MaaS) through a new Strategic Partnership with the MaaS Alliance.
Pehrson has worked for over 30 years within the automotive industry, including positions such as Technical Director for the Volvo C30 Electric â€“ the first electric car of the Volvo Car Group, manager of Volvo Cars Electric Propulsion System Engineering and most recently supporting the London EV Company with the new London Taxi.
Professor Schuh, CEO of e.GO Mobile AG, presented plans for bringing the e.GO Mover to market. At the NVidia GPU Technology Conference in Munich today, he announced a concrete timing plan: series production is planned in 2019. The basic version is expected to be sold for approximately 60.000 plus tax. Orders can be made in advance.
A new blockchain platform, TSio Protocol, will make it possible to integrate new technology-driven transport with public transport, cars and air travel so that people can choose the best way of getting from A to B.
udelv, pulled the wraps off its autonomous, last-mile delivery vehicle and made the world's first public road test deliveries from Draeger's Market in San Mateo to two nearby customers. The 2.5-mile loop with traffic lights, lane changes, unsignalized left turns and two delivery stops, was accomplished flawlessly. In compliance with existing California regulations, the vehicle was supervised by a safety driver and in test mode.