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Hyundai Motor Group to acquire controlling interest in mobile robot firm Boston Dynamics

Green Car Congress

Hyundai Motor Group will acquire a controlling interest in the mobile robot firm Boston Dynamics from Softbank in a deal that values Boston Dynamics at $1.1 Boston Dynamics is the established leader in developing agile, mobile robots that have been successfully integrated into various business operations. Hyundai Mobis Co.

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Li-ion maker Boston Power secures US$290M from two local Chinese governments for expansion

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Li-ion maker Boston Power has secured US$290 million in local government financial support for the expansion of its two facilities in China. The company’s Tianjin facility will grow its capacity to 4GW by 2017, and is expected to reach 8 GWh in manufacturing capacity by 2018. —Sonny Wu, chairman of Boston Power.

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IEEE’s Honor Society Gave This Boston University Student Tools to Succeed

Cars That Think

As a member of the Kappa Sigma chapter at Boston University , he learned leadership and communications skills while accepting different roles. Greene was a guest lecturer for an introduction to engineering course at the Wentworth Institute of Technology , also in Boston. “If

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nuTonomy to test its self-driving cars on specific public roads in Boston

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nuTonomy , developer of software for self-driving cars, has signed a Memorandum of Understanding (MOU) with the City of Boston and the Massachusetts Department of Transportation that authorizes nuTonomy to begin testing its growing fleet of self-driving cars on specific public streets in a designated area of Boston. Earlier post.).

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INRIX: congestion costs each American 97 hours, $1,348 a year

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published the 2018 Global Traffic Scorecard that identified and ranked congestion and mobility trends in more than 200 cities, across 38 countries. According to the study, Americans lost an average of 97 hours a year due to congestion, costing them nearly $87 billion in 2018, an average of $1,348 per driver. INRIX, Inc. Wichita, Kan.,

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US average retail gasoline prices ended 2017 lower than they started

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per gallon (gal) in 2018, 30 cents/gal (13%) higher than in 2017 and 57 cents/gal higher than in 2016. gal at least once in 2018. The national price for gasoline declined for 12 weeks in a row at the end of 2018, which marked the longest consecutive weekly drop since the 17-week decline from October 2014 through January 2015.

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BMW i Ventures launches new $300M fund for sustainability, transportation, manufacturing and supply chain investments

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The company has since invested in approximately 50 early to mid-stage startups, many of which are sustainability-focused companies including Boston Metal, ChargePoint, Prometheus, Proterra, PureCycle, Solid Power, and Turntide. BMW i Ventures was established as an independent venture capital firm in 2016.