Ample, a technology company focused on solving the energy delivery challenge for electric cars, co-founded by Khaled Hassounah and John de Souza, announced that it has closed a $31 million Series A round of financing.
LeddarTech has delivered the first A-samples of its LeddarCore LCA2 system-on-chip (SoC) to select automotive partners. The LCA2 is the autonomous vehicle industryâ€™s first 3D solid-state LiDAR (SSL) SoC and is available now to Tier-1 automotive manufacturers and system integrators via purchase of the LeddarTech LCA2 evaluation kit.
Navya, a company in the autonomous vehicle market and in smart and shared mobility solutions, announced the signing of a â‚¬30 million ($34.2 million) financing agreement with the European Investment Bank, EIB.
Governor Ralph Northam announced that the Virginia Department of Environmental Quality (DEQ) has issued a Notice of Intent to Award a contract to EVgo Services, LLC, to develop a statewide public electric vehicle (EV) charging network.
Kodiak Robotics, an autonomous-vehicle startup founded by Don Burnette, previously a co-founder of the self-driving trucking company Otto, and Paz Eshel, a former venture capitalist, announced it has raised $40 million in Series A financing led by global investment firm Battery Ventures.
Hui, a round-trip, station-based car share service, has announced the public launch of its service. Hui is considered one of the most innovative car share services to hit the Hawaii market, allowing members to locate, reserve, and manage payments through its mobile app. The service also utilises Toyotaâ€™s Smart Key Box technology, which generates a digital key that allows Hui users to lock and unlock, as well as start vehicles via their smartphone.
With a $1.1 billion pre-money valuation, Nikola Motor Companyâ€™s CEO Trevor Milton announced that he anticipates the $200 million C round will be oversubscribed with more than $100 million already raised and funded this month.
Xtalic Corporation, a provider of nano-scale metal alloys and coatings, has announced that it has entered the electric vehicle market with products that extend the life of connectors in electric battery chargers by up to 40 times.
Avis Budget Group, Inc. announced a multi-year deal with Lyft in which Avis will add thousands of vehicles to the Lyft Express Drive program in cities across North America. The partnership will make it easier for people to drive with Lyft without the cost and burden of car ownership.
The Schaeffler Group in cooperation with Roland Arnold and Paravan GmbH agreed on a master agreement for the formation of a joint venture company. The transaction is pending regulatory approval by Germanyâ€™s Federal Cartel Office.
Centrica plc has announced a multi-million-pound investment in Driivz, an Israeli start-up that offers end-to-end software solutions for electric vehicle (EV) charging. Ombu Group, a leading investor in advanced industrial technology companies, has co-led the investment, which forms part of a Â£9 million ($12 million) funding round.
OmniAir Consortium, an association promoting interoperability and certification for ITS, tolling, and connected vehicles, is developing cybersecurity test specifications for DSRC based Connected Vehicle devices.
Bringing together nearly 200 manufacturers, suppliers, and developers across various industries, JASPAR works to identify and resolve common issues faced by the vehicle electronics sector and encourages the industry to adopt new automotive technology.
moovel Group products are used by five million people. The Daimler subsidiary is a Mobility-as-a-Service pioneer. The term Mobility-as-a-Service (MaaS) refers to the bundling of various types of public transportation, such as buses, subway, car sharing, bike sharing, and taxis, to form a multimodal transportation solution.