article thumbnail

BMW, Jaguar and Porsche invest in mobility startup Urgent.ly as part of $21M round; roadside assistance

Green Car Congress

BMW i Ventures; InMotion Ventures, Jaguar Land Rover’s venture capital fund; and Porsche Ventures have invested in US-based Urgent.ly—a The platform powers roadside assistance solutions in North America, Europe and Asia for leading brands across the automotive, insurance, telematics and other transportation-focused verticals.

Porsche 249
article thumbnail

ABI: connected car market will endure a 15% shipment decline, flat revenues in 2020; sales return on trend early 2022

Green Car Congress

After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020, according to projections by ABI Research, a global tech market advisory firm. ABI Research expects 115 million global connected car shipments, and a market value of US$83 billion in 2025. inch touch control.

Connect 170
article thumbnail

Porsche Digital, Inc. opens location in Silicon Valley

Green Car Congress

Porsche is opening a new Porsche Digital location in Silicon Valley. After founding Porsche Digital GmbH based in Ludwigsburg, opening a US subsidiary was the next logical step in Porsche’s digitalization strategy, said Thilo Koslowski, Managing Director of Porsche Digital. Porsche Digital, Inc.,

Porsche 150
article thumbnail

Porsche Digital launches partnership with start-up home-iX

Green Car Congress

Through its subsidiary Porsche Digital, Porsche is now involved with Stuttgart-based technology company home-iX. The B2B start-up specializing in smart living solutions was set up in 2016 by former Porsche employees Mehmet Arziman and Heiko Scholtes. For the moment, Porsche Digital holds a minority share in home-iX.

Porsche 150
article thumbnail

Porsche invests in Israeli start-up Tactile Mobility; integration of tactile data into production cars

Green Car Congress

Porsche is intensifying its collaboration with Israeli technology company Tactile Mobility with a minority investment. In addition to Porsche, Union Tech Ventures and existing investors are participating in the current investment round. It can also work on an aftermarket device connected to the vehicle CANBus/OBD.

Porsche 150
article thumbnail

Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

This is in alignment with Tata Motors efforts to make itself ‘FutuReady’ by embracing new technologies, fostering higher platform efficiency and offering solutions that connect with the aspirations of our customers. The Group operates 120 production plants in 20 European countries and a further 11 countries in the Americas, Asia and Africa.

Motor 150
article thumbnail

Events and shows related to electric vehicles in 2023 around the world

Electric Vehicles India

The venue is near the headquarters of Mercedes-Benz, Porsche, Bosch, and Mahle. 12) Connected, Autonomous, and Electric Vehicle Expo (14-15th February 2023, KTPO Convention Centre, Whitefield, Bangalore, India) The trade fair will be held on a very large-scale level and will see 5000 delegates and over 60 Indian and international speakers.