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Funding into Mental HealthTech startups takes a hit in 2023 due to the ongoing economic slowdown and other macroeconomic factors affecting the cash flow globally, Tracxn said Wednesday. The global startup data platform said in a statement that the Mental ...
Toyota has announced a new investment of nearly $8 billion that will add approximately 3,000 jobs at Toyota Battery Manufacturing North Carolina (TBMNC). This brings total investment to approximately $13.9 billion and job creation to more than 5,000. This investment ...
Porsche AG and the Swedish startup H2 Green Steel have signed an agreement for the supply of CO2-reduced steel. H2 Green Steel plans to produce steel using renewable electricity in Boden, Sweden, starting end of 2025. The aim of the agreement is ...
EV6 GT received award for 2024 Performance EV of the Year priced under $100,000 Combination of long-range capability, spacious interior and sophisticated design with 576 horses of thrilling performance made the EV6 GT a standout winner EV6 GT wins prestigious ...
Hyundai CRADLE Silicon Valley will host the 8th Mobility Innovators Forum on November 2nd at the Fort Mason Center, San Francisco Participants to share insights on emerging mobility innovations and reevaluate the visions and values within the mobility industry today Series of talks ...
Volkswagen Group has presented the first photos of the still camouflaged estate version of the all-electric model ID.7. At the same time, it has introduced the new name: ID.7 Tourer. The new model is to be launched in Europe in ...
Malaysian funds Permodalan Nasional Berhad (PNB), the Employees Provident Fund (EPF), and Kumpulan Wang Persaraan (Diperbadankan) (KWAP) have signed a sale and leaseback transaction agreement valued at MYR2 billion ($420 million) with OSRAM Opto Semiconductors Sdn Bhd, a wholly-owned domestic ...
Urbix, Inc., a US-based developer of graphite processing technology, has secured a significant strategic investment from funds managed by Appian, an investment advisor to capital funds that invest solely in mining and mining-related companies. The two parties have also announced plans ...
Thailand public organization National Innovation Agency (NIA) and Maejo University have showcased ten AgBioTech-powered startups that are poised to revolutionize agriculture at AgBioTech Incubation 2023 Demo Day. The duo said in a statement that the ten startup teams participating in ...
China’s Geely Holding and Baidu’s next-generation joint-venture automotive robocar brand, JiYue, has launched its flagship vehicle and first AI powered electric ROBOCAR JiYUE 01. The model was launched at a brand event in Shanghai, China. It is the world’s first consumer model ...
B–ON, a clean mobility provider, and Mobility in Harmony (MIH), an open ecosystem for electric vehicles (EVs), have announced plans to develop their partnership to provide shared solutions for fleet customers. Under this partnership, B–ON’s next-generation Pelkan, an electric light ...
Hyundai Motor Group (the Group) establishes Global Design Division, to be headed by Luc Donckerwolke, President and Chief Design Officer Global Design Division to spearhead the Group’s efforts to pioneer future design trends to transform the global mobility industry Division ...
Kia posts 2023 Q3 global sales of 778,213 units, a 3.5% increase Y/y Q3 revenue of KRW 25.55 trillion, with operating profit of KRW 2.87 trillion; operating profit margin hits 11.2% Record highest global sales, revenue, operating profit, and operating ...
bp pulse, bp’s electric vehicle (EV) charging business, will acquire ultra-fast charging hardware units from Tesla for $100 million. The Tesla ultra-fast chargers, which have an output of 250 kW, will be branded, installed and operated by bp pulse. The investment ...
Edaran Otomobil Nasional Berhad (EON), a wholly-owned subsidiary of Malaysia-listed conglomerate DRB-HICOM, has made a strategic investment in Genie Malaysia, a subsidiary of Singapore-based online used car platform Carro. In a joint statement on Thursday, the duo said the partnership ...
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, has announced an investment of $100 million, through the NEOM Investment Fund (NIF), into Pony.ai, a global autonomous driving company. Additionally, a joint venture will be established for developing ...
Stellantis N.V. plans to invest €1.5 billion to acquire approximately 20% of China’s Leapmotor. Focused on the mid-to-high end market, Leapmotor delivered approximately 111,000 NEV units in 2022, putting it into the first tier among China’s NEV automakers. The deal also ...
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues ...
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues ...
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues ...
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues ...
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues ...
Last week, Chinese AI startup ZhipuAI announced it secured RMB 2.5 billion ($342 million) in funding this year. Investors, including social insurance funds, Alibaba, and Tencent, have propelled the state-backed company’s valuation to over RMB 10 billion. Notable investors in ...
Chinese search giant Baidu launched its ChatGPT-like service ERNIE Bot for public use on Thursday, as one of the first batches of companies given permission to allow regular access to generative AI bots, having filed details of its algorithms with ...
First MPV Self-driving availability Flying cars and robots Xpeng Motors teased how it sees the future of electric vehicles on Tuesday with the debut of its first multi-purpose vehicle model and a new timeline for the expansion of its self-driving ...
China Tech Investor is a weekly look at China’s tech companies through the lens of investment. Each week, hosts Elliott Zaagman and James Hull go through their watch list of publicly listed tech companies and also interview experts on issues ...
Cruise’s license to deploy and test fully-driverless vehicles in the state of California has been suspended by the California Department of Motor Vehicles (DMV). The decision was based on public safety concerns. The DMV says it has ‘has provided Cruise ...
Malaysia-listed logistics, building materials and technology firm Hextar Technologies Solutions Berhad (HexTech) is venturing into fintech with the introduction of MoneyX, a one-stop fintech mobile super-app. HexTech said in a statement on Wednesday that the app which was first released ...
The Development Leadership Dialogue (DLD) Institute and the Centre for Sustainable Structural Transformation (CSST) to be established under SOAS University of London to facilitate collaboration between the Group and the university The Group and SOAS University of London held an ...
Lexus has unveiled its next-generation Battery Electric Vehicle (BEV) concept car LF-ZC, set for release in2026, along with the BEV flagship concept model LF-ZL, at the the inaugural Japan Mobility Show 2023. The LF-ZC and other next-generation BEVs will features advanced ...
Nissan has unveiled the Nissan Hyper Tourer, the third in its series of advanced electric-vehicle (EV) concepts to be featured at the Japan Mobility Show. The Nissan Hyper Tourer will be displayed physically at the show. Its V2X (Vehicle-to-Everything) functionality ...
Cruise, GM and Honda, have entered into a memorandum of understanding (MoU) to establish a new joint venture (JV) to provide driverless ridehail service in Japan starting in early 2026. Co-developed with GM and Honda, the Cruise Origin is a purpose-built autonomous vehicle ...
New relationship is latest in string of partnerships designed to advance development of Supernal’s vision for AAM Supernal LLC – Hyundai Motor Group’s Advanced Air Mobility (AAM) company – announced today a strategic partnership with Korean Air to help accelerate ...
Now entering its third model year, the all-electric 2024 EV6 maintains its position as integral to Kia’s “Plan S” strategy. The 2024 model year introduces the 77.4-kWh battery to the EV6 Light, and with it, two new trim designations in ...
Compact Seltos Makes a Big Impression on Editors Refreshed 2024 Seltos stays ahead of the pack with substantial refinements to design, performance and technology Seltos SX praised for long list of available features and amenities at affordable price point The ...
Digital Key 2 service now supports users of both iOS and Android smartphone operating system (OS) platforms, including Google Pixel devices The service to be expanded to other smartphone makers in the future and support sharing between smartphones with different ...
The Board of Volta Trucks has filed for bankruptcy proceedings in Sweden. The main trading entity of the Group, Volta Trucks Limited, will shortly file for administration in England. The move follows the recent news that its battery supplier, Proterra, ...
All-electric Kia EV6 GT recognized within the Transportation category by TIME editors Kia EV6 GT combines long-range capability, spacious interior, and sophisticated design with 576 HP for thrilling 3.4-second 0-60 MPH1 acceleration time Today, the Kia EV6 GT was recognized ...
Toyota Motor North America, Inc. has reached an agreement with Tesla, Inc. to adopt the North American Charging Standard (NACS) on its battery electric vehicles (BEVs). Beginning in 2025, Toyota and Lexus customers will have convenient access to more than ...
Taiwan’s Foxconn has unveiled the new MODEL N electric cargo van at its 4th annual Hon Hai Tech Day. The van features a ‘tap and unload’ one-button design that activates automatic flipping cargo compartment boarding steps, safety warning projection lights ...
Stellantis has unveiled a full range of renewed and electrified compact, mid-size and large commercial vans – 12 vehicles in all – for the Citroën, FIAT Professional, Opel, Peugeot and Vauxhall brands. The lineup features the 2nd generation of zero-emission technologies, ...
Hyundai Motor Company and the Public Investment Fund (PIF) have signed a joint venture (JV) agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia. The facility will manufacture both internal combustion engines and electric vehicles (EVs). The total investment for ...
XPENG, a leading Chinese smart EV company, has revealed a series of technological milestones and industry accomplishments at its fifth annual Tech Day held in Guangzhou. One of the highlights of the event was the official unveiling of the XPENG ...
The UK’s Breathe Battery Technologies was spun out of Imperial College London in 2019 by Dr Ian Campbell, Dr Yan Zhao and Professor Greg Offer. They saw a lack of time, energy and funds being invested into solving the fundamental ...
Mitsubishi Motors Corporation has announced its investment in Ampere, an EV and software company to be established by the Renault Group. The maximum investment in Ampere will be 200 million euros. The investment comes as a step forward in its mid-term ...
Founded in 2019, the UK’s Recyclus Group has developed a recycling process that recovers the critical battery materials from spent lithium-ion batteries. In July 2023, it opened the UK’s first industrial-scale battery recycling plant. “This cutting-edge solution enables us to tackle ...