There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark. Daimler, the German automotive giant which owns Mercedes-Benz among other things, led the round. The investment […]
View More Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuationCategory: Daimler
BMW, GM, Ford and Renault launch blockchain research group for automotive industry
Car makers BMW, General Motors, Ford and Renault are the big names behind a new group announced today to explore the potential of the blockchain in the automotive and mobility space. MOBI — the Mobility Open Blockchain Initiative — launches today with over 30 founding members that also include Bosch, Blockchain at Berkeley, Hyperledger, Fetch.ai, IBM and IOTA. The […]
View More BMW, GM, Ford and Renault launch blockchain research group for automotive industryBMW and Daimler agree to merge mobility service businesses
It’s been hinted at, but Daimler and BMW are officially bringing together their mobility services business groups into one combined company, with a 50 percent stake owned by each automaker. That means tying up all their on-demand mobility offerings, including car share services Car2Go and DriveNow; ride-hailing like myTaxi, Chauffeur Privé and Clever Taxi; parking […]
View More BMW and Daimler agree to merge mobility service businessesGeely becomes Daimler’s largest shareholder with $9 billion stake
Automaker Daimler has a new largest shareholder – Geely Automotive chairman Li Shufu. The Geely stake, worth an estimated $9 billion, should give the Chinese automotive giant more leverage when trying to work out cross-company tech arrangements with Daimler and its sub brands including Mercedes-Benz. Daimler is already partnered up with a major automotive concern in China… Read More
Geely becomes Daimler’s largest shareholder with $9 billion stake
Automaker Daimler has a new largest shareholder – Geely Automotive chairman Li Shufu. The Geely stake, worth an estimated $9 billion, should give the Chinese automotive giant more leverage when trying to work out cross-company tech arrangements with Daimler and its sub brands including Mercedes-Benz. Daimler is already partnered up with a major automotive concern in China… Read More
Turo car sharing marketplace launches in Germany
Peer-to-peer car sharing platform Turo is expanding to Germany officially starting today, after acquiring Daimler’s Croove in-house product forpvoding essentially the same service last September. Turo also received a significant strategic investment from Daimler at the same time as it acquired the automaker’s cars sharing experiment, and it now operates peer-to-peer rental services… Read More
Mercedes-Benz’s new MBUX in-car assistant and smart UI rocks
It’s rare that I pay much attention to automaker infotainment and multimedia system updates at CES – usually there’s too much going on with autonomy, electrification and mobility services to give it much thought. This year, however, Mercedes-Benz had one of the most interesting announcements at the show with its new MBUX smart multimedia system and in-car voice activated… Read More
Crunch Report | Sequoia Capital’s Next Fund Could Be $5 Billion
Daimler acquires a majority stake in an Uber competitor in France, Sequoia Capital’s next fund could be a $5 billion one and an iced tea company changes its name to Long Blockchain and its value skyrockets. All this on Crunch Report. Read More
Mercedes-Benz shows off its new electric vans
Daimler is expanding its electrification plans to include Mercedes-Benz’s successful line of commercial vans.
The German auto conglomerate announced that it will add electric systems to all of its commercial van offerings over the next few years, sta…
The wheels on Daimler’s new bus go round and round, thanks to electricity
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Fleets of school buses shuttle American students to class five days a week, nine months a year, pumping out diesel fumes as they roll along — but now, thanks to one of the biggest automakers in the world, more of those big yellow rigs are going green.
German auto conglomerate Daimler unveiled its first all-electric school bus, which will be made by its North American Thomas Built Buses subsidiary. The Saf-T-Liner C2, also dubbed “Jouley” after the unit of energy, is slated to hit the roads across U.S. school districts in 2019. Read more…
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