BPâ€™s venturing business has invested $5 million in FreeWire Technologies, a US-based manufacturer of mobile electric vehicle (EV) rapid charging systems, and plans to roll out FreeWireâ€™s Mobi Charger units for use at selected BP retail sites in the UK and Europe during 2018.
Australiaâ€™s ride-sharing ecosystem is set for a refreshing change after Ola, one of the worldâ€™s largest ride-sharing platforms, has announced its plans to enter Australia, providing both driver-partners and passengers a better way to move.
In December 2017, Autolivâ€™s Board of Directors decided to continue with the spin-off of its Electronics business segment â€“ now to be named Veoneer â€“ creating a new, independent publicly traded company during the third quarter of 2018.
Volkswagen Group has officially opened Future Center Asia, one of three such centers worldwide that will take a whole new approach to envisioning peopleâ€™s mobility needs of the future and creating visionary solutions.
Nexar, a technology company building the worldâ€™s largest safe driving network, announced it closed a $30 million round of financing led by Ibex Investors, with participation from Alibaba Innovation Ventures, US-based Nationwide, and previous investors Aleph, Mosaic Ventures, Slow Ventures, True Ventures, and Tusk Ventures.
The T-79 is a next-generation short range, wideband, high resolution automotive radar sensor built with Ainsteinâ€™s cutting edge radar technologies. It is another ground-breaking innovation resulting from close collaborations between Ainstein and Texas Instruments.
Automobile, home and power supply combined to form an intelligent energy network: In a pilot project the Audi Smart Energy Network for the first time interacts with the power grid. This marks a major advance for grid stability.
The recent completion of a full EV sports car battery manufacturing concept programme by the Performance Products division of Ricardo is a significant milestone in the companyâ€™s aim to become the niche battery manufacturer of choice for high performance hybrids and EVs.
Project will trial POD mobility service at Queen Elizabeth Olympic Park. Pilot could pave the way for the use of autonomous and connected vehicles in airports, hospitals, business parks and shopping centres.