The Volkswagen brand is to launch an extensive all-electric car sharing offering in selected major cities under its â€œWe Shareâ€ sub-brand. The first fleet of vehicles will be rolled out in the German capital Berlin, and will comprise 1,500 e-Golf when the service begins operating in the second quarter of 2019, with an additional 500 e-up! following later.
Hyundai Mobis has made an equity investment agreement with StradVision, a Korean startup, which possesses deep learning-based camera image detection technology. The firm will invest KRW8 billion (7.15 million) in this startup to reinforce its competitiveness in core technologies of future vehicles.
Drivers of electric vehicles will now be able to get a fast â€˜power upâ€™ in local high streets and residential roads across the Waltham Forest borough following the installation of 24 new electric vehicle charging bays.
Proterra announced that it has been selected by the Georgia Department of Administrative Services as a vendor to supply zero-emission battery-electric buses and charging stations for its Statewide Contract for Public Mass Transit & Transportation.
Researchers at Stanford University have devised a new type of artificially intelligent camera system that can classify images faster and more energy efficiently, and that could one day be built small enough to be embedded in the devices themselves, something that is not possible today.
Getaround, a carsharing platform that lets users to instantly rent and drive great cars shared by people in their city, announced its Series D financing round, totaling $300M. The round was led by SoftBank, with further participation from Toyota Motor Corporation, and inside investors.
BYD announced its successful delivery of 101 pure electric e6 cars to Bangkok, with another 1000 more to come. The agreement with Thailand to export an additional fleet of cars catapults BYD to the number one position in the countryâ€™smarket for pure electric vehicles.
ZAF Energy Systems Inc. (ZAF), a developer of next-generation battery technology, announced that it has received $300,000, the first installment of a $600,000 investment from Missouriâ€™s Department of Economic Development (DED) fund as part of the stateâ€™s Venture Capital Co-Investment Program.
The engineers from the Research and Development Department of Solaris Bus & Coach have created a system to streamline and support diagnostic solutions, improve maintenance options and to facilitate the analysis of specialist data derived from vehicles produced in Bolechowo.
WaveSense, Inc., announced the commercialisation of its patented military-proven ground-penetrating radar (GPR) that significantly improves navigation safety and precision on any road by keeping self-driving vehicles precisely in-lane.
EVgo, an American public electric vehicle (EV) fast charging network, announced the addition of Ivo Steklac as Chief Technology Officer, Jay Goldman as Vice President of Business Development, and Olga Shevorenkova as Vice President of Corporate Development and Strategy.
Automotive Grade Linux (AGL), a collaborative cross-industry effort developing an open platform for the connected car, announced that six new members have joined the project including Kinetica, Neusoft, NXM Technologies, NYU Tandon School of Engineering, Spireon Inc. and Veniam. With the addition of these companies and organisations, the project is 130 members strong.
Shell Oil Company (Shell) and General Motors (GM) announced that Shell-branded stations across the United States now accept the automotive industryâ€™s first-ever embedded, in-dash fuel payment and loyalty experience.
Autonomic, a wholly owned subsidiary of Ford Smart Mobility LLC, and Alibaba Cloud, the cloud computing arm of Alibaba Group, signed a Memorandum of Understanding (MOU) to bring to China the Transportation Mobility Cloud (TMC), a transportation and mobility solution for connected vehicles developed by Autonomic.
Siemens has been awarded a place on a London-wide framework contract hosted by TfL, London Councils and Greater London Authority to provide innovative on street electric vehicle charging solutions to the capitalâ€™s busy streets, and one of four suppliers using the electricity from street lights.
Efficient Drivetrains, Inc. (EDI), a company providing advanced high-efficiency zero emissions plug-in hybrid and electric vehicle drivetrain solutions, announced the availability of its EDI PowerDrive 4000ev, ideally suited for Type-A school buses.
Scale has raised $18 million in Series B funding led by Index Ventures with Accel, Y Combinator, Drew Houston, and Justin Kan joining. Mike Volpi of Index Ventures will be joining the companyâ€™s board.