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EV developer Rivian closes $2.5B funding round; raised $10.5B in total since 2019

Green Car Congress

The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. This round included participation by Third Point, Fidelity Management and Research Company, Dragoneer Investment Group, and Coatue. billion since 2019. EV developer Rivian has closed a $2.5-billion

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Audi joins Spoke Safety, Qualcomm, Commsignia to help protect bicyclists through connected technology

Green Car Congress

Audi of America is working with Spoke, a mobility platform for safety, connectivity, and rich rider experiences; Qualcomm Technologies, Inc.; Audi is also continuing to refine its C-V2X technologies for production-intent applications, allowing for a connected ecosystem between drivers and the world around them.

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Cisco and Hyundai to bring “hyper-connected” car to production in 2019; software defined vehicle architecture

Green Car Congress

At CES, Cisco and Hyundai Motor Company announced the coming production of a next-generation, hyperconnected car. Hyundai will feature this new in-vehicle network in their premium 2019 vehicles. It will provide over-the-air updates and reduce the time it takes to bring new capabilities to market. Earlier post.)

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Mercedes-Benz unveils new Sprinter; focus on connectivity; electric drive in 2019; realizing adVANce

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As the first fully connected integral system solution, the third generation of the Sprinter demonstrates the development of the division from purely a vehicle manufacturer into a provider of complete transport and mobility solutions, the company said. The current model of the Sprinter has been on the market since 2006.

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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well. The South Korean companies will seek to find new business models harnessing artificial intelligence technologies with the Chinese counterpart as well, they added.

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Niobium company CBMM to acquire 20% of startup Battery Streak

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With the investment, the company expects to drive developments in materials for batteries in mobility applications, electronic equipment, and drones. Since 2019, CBMM has been tactically investing in startups related to material innovation and connected with the global electrification mega-trend. —Rodrigo Amado.

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Groupe PSA and Huawei showcase their first connected vehicle

Green Car Congress

The DS 7 CROSSBACK is the first Groupe PSA vehicle using the PSA IoT “Connected Vehicle Modular Platform” (CVMP) and equipped with Huawei technology for new connected services. Groupe PSA built the CVMP for its connected vehicles using Huawei’s OceanConnect IoT platform.

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