mobility

  • Nov- 2021 -
    22 November
    Newspilot robotaxi program

    Xpeng planning to launch pilot Robotaxi program

    Xpeng Motors will launch a pilot robotaxi program in China in the second half of 2022. Robotaxi is an autonomous ride-hailing service. The program is part of the company’s latest efforts to offer full-scenario autonomous driving capabilities by the middle…

  • Oct- 2021 -
    31 October
    NewsBosch China

    Bosch China estimates auto chip shortage to last through 2022

    Head of Bosch China, Chen Yudong said that a global chip shortage will continue to hurt Chinese automakers in 2022. Why is it in focus? The Chinese automakers are hit hard with the ongoing global chip shortage. The country’s auto…

  • 15 October
    NewsOla Electric raises funds

    Ola Electric raises funds worth $200 million

    Ola Electric raises funds over $200 million in a new financing round. It is at a valuation of $3 billion. This figure is up from $1 billion two years ago, as it looks to scale its electric vehicle manufacturing business in…

  • 11 October
    NewsGeely's Volvo cars

    Geely’s Volvo cars filing for IPO

    China’s Zhejiang Geely Holding Owns the Swedish carmaker Volvo Cars. It said on Monday that Geely’s Volvo cars is filing for IPO and will list on the Nasdaq Stockholm exchange. This transaction is expected to raise up to $2.9 billion…

  • 6 October
    Newsdeeproute.ai

    Deeproute.ai gets $200M investment from Alibaba

    Deeproute.ai is a Chinese self-driving car startup. It recently announced that it had raised more than $300 million in a Series B led by Alibaba. The investment is perhaps Alibaba’s most significant move in autonomous driving. Deeproute.ai develops software for…

  • Sep- 2021 -
    21 September
    Newscao cao mobility

    Cao Cao mobility secures $590M in Series B

    Cao Cao Mobility is the ride-hailing unit of Chinese private automaker Geely. It announced that it had raised RMB 3.8 billion ($589 million) in a Series B from investors led by a group of state-owned enterprises. The move came two…

  • 19 September
    NewsOla Electric

    Ola Electric in talks to raise at over $2.75B valuation

    Ola Electric is in advanced talks to raise between $250 million to $500 million in a new financing round. This comes when the Indian firm looks to scale its electric vehicle manufacturing business in the South Asian market. Details about…

  • 6 September
    Newssolar electric vehicle

    German Automaker’s take on Solar Electric Vehicles

    Electric vehicles are becoming more and more popular nowadays. But, Solar Electric Vehicles are in discussion as much. At least not in America yet. Some answers to these questions can be the perennial problem of the weight of solar panels…

  • 2 September
    NewsXiaomi acquires Deepmotion

    Xiaomi acquires self-driving tech startup Deepmotion

    Smartphone giant Xiaomi acquires Deepmotion, a Beijing-based startup that develops digital mapping technology for autonomous vehicles.  This acquisition is Xiaomi’s latest move to build its own intelligent connected cars. Furthermore, an expansion into China’s auto sector could greatly expand Xiaomi’s…

  • Jul- 2021 -
    26 July
    Newsdidi raises funds

    Didi raises funds worth $4.4 billion

    Chinese ride-hailer Didi raises funds worth $4.4 billion. It went public on the New York Stock Exchange in a much anticipated US IPO. Didi is the biggest Chinese IPO in the US since Alibaba’s $25 billion listings in 2014. Details on the deal…

  • 7 July
    Newschina bans retired EV batteries

    China bans retired EV batteries usage

    China’s top energy policymaker released new regulations that China bans retired EV batteries. It plans to ban large energy storage plants from using used automotive batteries. This rule came following several deadly safety incidents at battery and power plants.  What…

  • Jun- 2021 -
    28 June
    NewsManbang Manbang seeks to raise up to $1.6 billion in US IPO

    Manbang seeks to raise up to $1.6 billion in US IPO

    Manbang is the Chinese name of Full Truck Alliance Co. It is an Uber-like trucking startup. It is looking to raise as much as $1.57 billion in an initial public offering. This would make it one of the biggest U.S.…

  • 1 June
    NewsBYD goes norway BYD to begin delivering EVs in Norway by Q3

    BYD to begin delivering EVs in Norway by Q3

    BYD announced recently that it will begin delivering its electric crossovers in Norway during the third quarter of this year. This is the latest example of a Chinese electric vehicle (EV) maker pushing into the European auto market. The is…

  • May- 2021 -
    30 May
    NewsT Rise Up beta service Mobility Company Ground K Launches 'T-Rise Up'

    Mobility Company Ground K Launches ‘T-Rise Up’

    Tourism transportation platform company Ground K Co., Ltd will present a solution that will advance the business to the next level by reinforcing the digital capabilities of transport operators. Ground-K has recently launched an integrated operation system ‘T-Rise Up’ for…

  • 29 May

    ICT company with Manufacturing Based, A&L Corporation

    A&L Corporation Co., Ltd. (hereinafter referred to as A&L) received the ‘Minister of Trade, Industry, and Energy’ Award’ in 2019 for contributions to the development of smartphones and advanced technology of parts and was selected as ‘KEA-led IoT Excellent Company’…

  • 15 May
    NewsNIO Norway Image 6的副本 Nio eyes Europe with EV deliveries in Norway set for September

    Nio eyes Europe with EV deliveries in Norway set for September

    The Chinese electric vehicle maker Nio announced that in its first overseas foray, it will start delivering vehicles to buyers in Norway in September and will open a flagship store there in the third quarter. Norway a promising but challenging…

  • 8 May
    Newshuawei Huawei is selling EVs in stores, may offset sinking phone sales

    Huawei is selling EVs in stores, may offset sinking phone sales

    On Wednesday last week, Huawei began selling Chinese-made electric cars. These cars are equipped with Huawei’s powertrain system and in-car infotainment solution. The company said that this move could offset a drastic decline in its global handset business resulting from US…

  • 6 May
    Newsblablacar

    BlaBlaCar raises $115m and says next financing could be an IPO

    Carpooling and transportation marketplace BlaBlaCar has raised $115m, after coming out of 2020 that has been a year marked by Covid-19 travel restrictions relatively well. BlaBlaCar is a Paris-based company, which was founded in 2006. It became France’s first-ever unicorn in…

  • 5 May
    TopDott SeriesB Brussels CopyrightXavierHudsyn 13 mobility startups that will boom in 2021, according to VCs

    13 mobility startups that will boom in 2021, according to VCs

    European startups in the mobility space have been riding the SPAC wave. For example, car marketplace Cazoo, which listed on the New York Stock Exchange at a valuation of $7bn and air mobility startup Lilium, which recently announced it will list on…

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