General Motors announced that the SoftBank Vision Fund will invest $2.25
billion in GM Cruise Holdings LLC (GM Cruise), further strengthening
the companyâ€™s plans to commercialise AV technology at large scale.
General Motors has announces that the SoftBank Vision Fund will invest
$2.25 billion in GM Cruise Holdings LLC (GM Cruise), further
strengthening the companyâ€™s plans to commercialize AV technology at
large scale. GM will also invest $1.1 billion in GM Cruise upon closing
of the transaction.
A Memorandum of Understanding has been signed between Enel X, Enelâ€™s division
dedicated to innovative products and digital solutions, and the
Association of Orange Flag Municipalities to
bring electric mobility to the Italian towns.
Trucks, buses and cars were showcasing the geofencing technology, an
important step toward creating a connected transport system with digital
infrastructure and shared interface in Stockholm, featuring participants from Veoneer, Scania, Volvo Cars and Volvo Group as well as the City of Gothenburg and the City of Stockholm
Airbus has appointed Eduardo Dominguez Puerta, 40, Head of Urban Air
Mobility (UAM), a new Airbus unit, effective 1 June 2018. In his new
function, he will report to Patrick de Castelbajac, Executive Vice
President Strategy and International.
Taxify - a cab hailing service based in Estonia and operating across
Europe has raised $175 million in funding from a group led by German
automaker Daimler. The investment also included Europe-based Korelya
Capital and Taavet Hinrikus, founder of Transferwise. Chinaâ€™s Didi
Chuxing was among the returning investors.
The BMW Groupâ€™s campus for autonomous driving is a state-of-the-art
centre of excellence that covers every base when it comes to offering
greater capacity for innovation and increased development efficiency â€“
and ultimately securing the companyâ€™s future sustainability.
Volkswagen and car-sharing company Zipcar struck up a partnership in
2016 which, in the two years since, has led thousands of Londoners to
get behind the wheel of the petrol-electric Golf GTE or internal
combustion-engined Polo. Now that choice of car will increase further,
with a significant order from Zipcar for 325 all-electric e-Golfs.
SK telecom along with Hyundai Motor Co. and Seoul National University to take part in a South Korean government initiative to develop a
public transport system based on the lines of autonomous driving
Veoneer, Autolivâ€™s electronics business, has been selected by a world leading automaker as a partner to develop and produce mono
vision camera systems comprised of camera hardware, software and
SSB will launch its new service on June 1, 2018, SSB Flex will pool similar journey requests in three areas to provide additional, more flexible journey options in certain high-traffic areas or at specific times in order to supplement the existing transportation services offered.
Ten electric Solaris Urbino 12 buses will reinforce the fleet of Hamburg public transport operator Hochbahn. In line with the agreement two of the commissioned vehicles shall be supplied in autumn this year. The remaining ones will be handed over in September 2019.
The number of electric vehicles worldwide is growing rapidly and BP is working across the supply chain to support the development of the technologies and infrastructure required to support that growth.