Tag Archives: Apple

China’s Mobility & Electric Vehicle Companies Investment Landscape

There has been tremendous financial support flowing into the China innovation scene, especially the rising mobility economy. Gao Feng is helping to shepherd the ideas, help build a disruptive business model  and execute the disruption to fruition. In August, the ride-hailing scene turned on its head. China’s homegrown player, Didi Chuxing, had humbled global giant Uber and won the battle

Read more

Apple, McLaren Tech & Lit Motors – EV Venture?

Apple Inc., which is working to build an electric car, has held talks about investing in British sports-car maker McLaren Technology Group, according to a person familiar with the matter, but McLaren denies any talks are ongoing. The person familiar with the matter said the discussions began “several months ago” but wouldn’t discuss whether they are ongoing. The person familiar

Read more

Apple iPhone Assembler Invests in China’s Ride-Hailing Didi Chuxing

Foxconn Technology Group, the world’s largest contract manufacturer of electronics, said Thursday that a subsidiary had invested $119.9 million in Chinese ride-hailing company Didi Chuxing Technology Co. Foxconn unit Forteq Holdings Inc. has acquired a 0.36% stake in Didi, the Taiwanese company said in a filing to the Taiwan Stock Exchange. The deal values Didi at about $33 billion, higher

Read more

Tim Cook Pledges More Apple Investment in China

BEIJING— Apple Inc. Chief Executive Tim Cook, in a meeting with senior Chinese government officials, pledged to increase investment in China, including creating Apple’s first research center in the country. The research center, which will open later this year, will focus on developing new products and services and “strengthening relationships with local partners and universities,” an Apple spokesman said. “We look forward to expanding our

Read more

Apple First Vehicle Patent Looks like All-Terrain Support Vehicle

Amid speculation, anonymous tips and cryptic, noncommittal comments from Apple CEO Tim Cook about plans (Project Titan) to eventually enter the automotive business, the company has received what may be its first vehicle-related patent. Judging by images for U.S. Patent 9,409,599, the tech giant is toying with something of a mashup: an articulated bus or truck riding on tank treads instead wheels. The patent awarded

Read more

Samsung in Talks to Buy Fiat’s Magneti Marelli

A new Bloomberg report suggests Samsung is in talks with Fiat Chrysler to acquire some or all of parts-making subsidiary Magneti Marelli, which provides lighting, in-car entertainment and telematics to OEMs for use in their vehicles. The deal, which could be worth $3 billion according to Bloomberg’s sources, would help accelerate Samsung’s existing efforts to become a more important part

Read more

Uber Sells China Operations to Didi Chuxing

Global ride-hailing giant Uber Technologies Inc. has given up its costly battle for China’s riders, swapping its local operations there for a minority stake in the country’s homegrown champion, Didi Chuxing Technology Co. Didi, said Monday that Uber and investors in its UberChina unit will take a 20% stake in the company. Combined with Uber’s China business that was valued

Read more

BMW Connected – the Personalised digital mobility companion

BMW Connected seamlessly integrates the vehicle into the user’s digital life via multiple touchpoints, such as an iPhone or Apple Watch. Using a flexible platform called the Open Mobility Cloud as a basis, BMW is bringing out an all-encompassing digital concept that provides a seamless services experience covering all aspects of personal mobility.  The first version of BMW Connected focuses

Read more
« Older Entries