On May 24, Karamba Security, a provider of embedded cybersecurity solutions for connected devices and systems, announced the signing of a production agreement for its XGuard Host Intrusion Detection and Prevention software to secure one million trucks. After a thorough technical evaluation, which included cybersecurity testing,...
Click here to the Audio Link 31 MAY 2023 Bill Russo of Automobility says BYD is selling extended range hybrid vehicles, and “Tesla can’t even counter that move.” Key take-aways: Tesla is in the number 2 position but is struggling to maintain its share in China’s hyper-competitive NEV...
We are very pleased to share the 43rd Edition of Automobility’s EXCELerate pipeline. As always, we are continually scanning the global mobility technology landscape to curate excellent investment opportunities that we believe offer differentiated solutions which fit our “Internet of Mobility” (IoM) and Energy Transition...
Media Source : The Wall Street Journal Chinese officials embrace visiting CEO and talk up business ties despite U.S. tensions By Yoko Kubota, Raffaele Huang and Selina Cheng 01 JUN 2023 SOURCE: https://www.wsj.com/articles/elon-musk-is-feted-in-china-after-spurring-nations-ev-rised0357921 SHANGHAI—Elon Musk was welcomed enthusiastically by top Chinese officials this week in a visit that demonstrated Tesla’s...
Media Source : CNBC 31 MAY 2023 by Lim Hui Jie An aerial view of Tesla Shanghai Gigafactory on March 29, 2021 in Shanghai, China. Xiaolu Chu | Getty Images News | Getty Images KEY POINTS Musk’s visit is not just about Tesla, but its a “political statement” calling...
6th Edition - May 19, 2023 This quarterly newsletter features exciting investment opportunities from our Automobility EXCELerate pipeline. The depicted companies are actively fundraising and aim to close a round in the next 3-6 months. Click on the links in the profiles for further details if...
Mar 13 - May 15, 2023 Automobility Comment The 63rd edition of our Automobility Pulse Check features relevant funding rounds of auto & mobility technology startups and highlights several “Featured Startups” from our EXCELerate pipeline. These startups fit our Digital Internet of Mobility thesis and have recently...
On May 14,Tomorrow.io, an AI-enabled platform for weather analytics, launched its first commercially built weather-radar satellite called Tomorrow-R1. Two days later, the Boston-based startup announced that the satellite had successfully begun its on-orbit operations. Tomorrow.io used proprietary software not just to predict but also to help...
On May 15, Ethernovia, a solution provider for virtualizing vehicle communication by unifying in-vehicle networks, announced that it has completed its Series A financing round of $64 million. The funding round consists of multiple investors, including Porsche Automobile Holding SE, Qualcomm Ventures, VentureTech Alliance, AMD...
On May 15, Anovion Battery Materials, a low emission battery anode-grade graphite producer with a focus on improved processing and localization of resources, has announced that it has selected Decatur County in Southwest Georgia as the location of the company's first large-scale expansion of manufacturing...