Consulting analysts in tomorrow’s commodities and technologies

News

FUEL CELLS: Great Wall Motor Acquires Minority Shares in German Hydrogen Refueling Station Operator H2 MOBILITY

  • Date: 24-10-18
  • Category: FUEL CELLS
  • Source: FuelCellsWorks

On October 24, at the 3rd International Hydrogen and Fuel Cell Vehicle Conference (FCVC 2018) held in Rugao, Jiangsu, Great Wall Motor officially announced that it had signed a memorandum of understanding with H2 MOBILITY Deutschland (hereinafter referred to as H2M). By providing additional investment in H2M, it became the seventh shareholder outside Air Liquide, Daimler, Linde, OMV, Shell and Total.

View full story

DELIVERY: Uber Ambitiously Eyes 2021 for Food-Delivery Drones Launch

  • Date: 21-10-18
  • Category: DELIVERY
  • Source: The Wall Street Journal

Uber Technologies Inc. envisions taking to the skies with a fleet of food-delivery drones in as little as three years, an ambitious timeline for a ride-hailing company that would face numerous technical challenges and regulatory hurdles.

View full story

AUTONOMY: Oxbotica to double workforce after raising £14m in first funding round

  • Date: 19-09-18
  • Category: AUTONOMY
  • Source: The Telegraph

Self-driving startup Oxbotica has raised £14m in its first funding round, in the latest indication of growing interest in the autonomous vehicle space.

View full story

AUTONOMY: Top 8 self-driving startups to watch in 2018 and 2019

  • Date: 24-08-18
  • Category: AUTONOMY
  • Source: TechGenix

Here is a list of the top eight dynamic full-stack self-driving startups that are successfully making autonomous vehicles a reality today.

View full story

ELECTRIC VEHICLES: Tesla sues Ontario for pulling plug on electric car rebates

Tesla Inc. is taking the Ontario government to court over its decision last month to cancel incentives for purchases of electric vehicles. The Palo Alto, California-based automaker claims in a lawsuit filed Aug. 10 in Ontario Superior Court that the province deliberately and arbitrarily targeted Tesla by treating it differently than other firms.

View full story

South African rand slumps after Moody's warning, stocks tumble

  • Date: 15-08-18
  • Category: Rand
  • Source: Reuters

South Africa’s rand slumped on Wednesday as ratings agency Moody’s warned that the pace of fiscal consolidation in Africa’s most industrialised nation had slowed and retail sales data disappointed, underlining the fragility of the economy.

View full story

DIESEL: Truckers asleep at the wheel as diesel price shock creeps closer

  • Date: 15-08-18
  • Category: DIESEL
  • Source: Bloomberg

Every time Chuck Paar makes the over 500-mile round trip from his home in Mt. Jewett, Pennsylvania, to Buffalo and Syracuse, New York, his 18-wheel tractor trailer carries 25 tons of sand or cement and burns about $265 of diesel in one day. That’s up from as little as $166 for the same route two years ago, and the increased cost of fuel is squeezing already thin industry profit margins.

View full story

AUTONOMY: Robotaxi Revolutions Don't Come Cheap, So Zoox Boosts Funding By $500 Million

  • Date: 17-07-18
  • Category: AUTONOMY
  • Source: Forbes

Zoox knows it needs hefty investment to turn a vision of an on-demand ride service using purpose-built robotic vehicles designed without conventional driving controls into reality. Luckily, the stealthy startup made more progress on the financial front, snagging $500 million in a Series B funding round led by Atlassian cofounder and CEO Mike Cannon-Brookes, who is also joining the Zoox board.

Led by Australian artist and entrepreneur Tim Kentley-Klay and computer scientist Jesse Levinson, the Foster City, California, company has raised nearly $800 million with a goal of launching its branded service in 2020. The new funds, reported earlier by Bloomberg Businessweek, lift Zoox's valuation to about $3.2 billion, Kentley-Klay told Forbes.

View full story

Categories