Daimler names new CEO to lead push into electric, autonomous vehicles

Daimler said Wednesday that Dieter Zetsche is stepping down as CEO and will be replaced by a long-serving executive who has most recently been leading the automaker’s research and development efforts, including its push into electric vehicles. The company has proposed that Zetsche, who was CEO of Daimler for 12 years, become chairman of the […]

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Daimler pours millions into electric bus company Proterra

Proterra has raised $155 million in a funding round co-led by Daimler and Tao Capital Partner, a deal that could transform the school bus market in North America. Until now, Proterra has focused on producing electric buses for municipal, federal and commercial transit agencies. The company has developed a line of electric buses that can travel 350 […]

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ChargePoint is adding 2.5M electric vehicle chargers over the next 7 years

Electric vehicles still make up just a fraction of the cars, trucks and SUVs on the road today. But that’s changing: the number of electric and plug-in hybrid cars on the world’s roads exceeded 3 million in 2017. By 2025, there are expected to be 20 million electric vehicles in just North America and Europe. […]

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Taxify is entering the e-scooter game

Estonian ride-hailing company Taxify will compete with Bird and Lime in Europe with its new brand of e-scooters, called Bolt, launching in Paris on Thursday.

The company has rolled the scooter sharing service into its mobile app, which has attracted 10 million users in 25 countries since it launched in August 2013.

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Mercedes-Benz unveils the EQC to kick off $12 billion electric offensive

Mercedes-Benz unveiled Tuesday the EQC, an all-electric crossover that kicks off the German automaker’s plans to invest more than $12 billion to produce a line of battery-powered models under its new EQ brand. The automaker plans to invest another $1.2 billion in global battery production, Daimler AG Chairman and Mercedes-Benz CEO Dieter Zetsche said. The […]

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Daimler’s car2go car sharing service adds its first U.S. city in four years

Car2go, the free-floating car-sharing service owned by Daimler, launched in Chicago this week—the company’s 25th market globally. The car-sharing company, which lets customers rent out vehicles on a short-term basis, has been steadily expanding in the past several years, adding to and changing up its fleet beyond the diminutive Smart cars that were once the […]

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Daimler deepens ties with China’s Baidu on automated driving

Daimler, the owner of the Mercedes-Benz brand, and China’s Baidu are expanding their partnership with plans to cooperate more closely on automated driving and connectivity services in the German automaker’s vehicles. The two companies have signed an agreement to collaborate in these two areas, specifically with Baidu’s Apollo program, an open-source autonomous driving platform. Both companies said […]

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Daimler can now test self-driving cars on public roads in Beijing

Daimler has been granted a license to test self-driving vehicles on public roads in Beijing, making it the first international automaker to receive such permission. The owner of the Mercedes-Benz brand was given the test permit by the Chinese government after extensive closed-course testing, the company said in a statement, adding that it marks a […]

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what3words raisesfundsfrom saicandf1driver

What3words, a startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned three words to each one, has disclosed three new investors all from the automotive world. What3words announced Thursday that the venture arm of China’s largest auto group SAIC Motor, Formula 1 champion Nico Rosberg, and audio and navigation […]

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These are the competitive pressures driving automakers to accelerate new tech adoption

The transformations that companies like Tesla, Uber and Lyft bring to the auto industry are changing more than just the ways car companies think about drivetrains and ownership, and its opening doors for new ways of thinking about the entire mobility industry. That’s the word from some of Israel’s top investors from the stage at […]

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The race to build autonomous delivery robots rolls on

It’s been a busy year in delivery robot land. Starship Technologies sounded the starting gun to bring autonomous delivery vehicles to market with a $17.2 million round led by Daimler back in January 2017. Then in January this year the Mountain View, Calif.-based company Nuro, raised the curtain on its own vision for robo-delivery with a […]

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