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Daimler to split into two pure-play companies: cars & vans, trucks & buses

Green Car Congress

The Daimler Truck business will have fully independent management, stand-alone corporate governance including an independent Chairman of the Supervisory Board, and is targeted to qualify as a DAX company. Daimler Truck supplies industry leading transportation solutions and services to customers. billion for Daimler Trucks and €4.7

Companies 497
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Toyota Blockchain Lab accelerating blockchain technology initiatives and external collaboration

Green Car Congress

Toyota Motor Corporation and Toyota Financial Services Corporation launched a cross-Group virtual organization, Toyota Blockchain Lab, in April 2019. TRI-AD), TOYOTA Connected Corporation, and Toyota Motor North America, Inc., and relationship-building with partner companies.

Toyota 286
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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

Green Car Congress

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. In September 2019, Hyundai and Cummins Inc. Earlier post.).

Hyundai 377
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Mobility services infrastructure company Via closes Series E round; valued at $2.25B

Green Car Congress

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 billion and will enable Via to advance its vision of efficient, accessible, and equitable public mobility.

Companies 243
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ZeroAvia secures additional $24.3M to launch development of 2MW hydrogen-electric powertrain for regional aircraft

Green Car Congress

Existing investors Breakthrough Energy Ventures, Ecosystem Integrity Fund, Summa Equity, Shell Ventures, and SYSTEMIQ also participated in the financing. The company previously completed its first electric flight in the US in 2019, then built the second flying prototype in the UK, and conducted its first electric flight in June of 2020.

Hydrogen 376
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The Godfather of South Korea’s Chip Industry

Cars That Think

Korea Advanced Institute of Science and Technology (KAIST) assumed top posts in the industry as well as coveted positions teaching or researching semiconductors at universities and government institutes. awarded him its prestigious Ho-Am Prize in 1993 for “building a solid foundation for Korea’s semiconductor industry.” Frederick E.

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Thomas Szlosek named AutoNation CFO; Joe Decrease takes some other position

Baua Electric

corporate introduced Tuesday. He replaces Joe Decrease, who come August will journey to a newly created position on the corporate overseeing “business transformation initiatives,” AutoNation stated. “He has delivered outstanding results across multiple industries.” 7, the Castle Lauderdale, Fla.,