Tag Archives: investment

Sondors Electric Car Crowdfunding In The Fast Lane

After eBike, Investors Pile Money Into Sondors Electric Car. After an electrifying reception to its electric bike crowdfunding campaign last year, Sondors is now on track for another successful fund-raising drive for what it calls the “most attractive, affordable electric car ever”. It’s been three weeks since the company’s founder, Storm Sondors, rolled out a crowdfunding effort to make the Sondors Electric Car,

Read more

Autonomous-Car Sensor Maker Velodyne Receives $150 Million Investment

The $150 million investment will allow Velodyne to expand development and drive down cost LiDAR sensors Ford Motor Co. and Chinese web-service provider Baidu Inc. are leading a $150 million investment in laser-sensor maker Velodyne Inc., the latest in a series of bets being placed by car makers and tech companies to advance autonomous-driving technology. The investment will allow the California-based Velodyne to expand

Read more

Lithuania Invites UK’s Automotive Industry to Relocate

Inspired by Brexit, MEP Antanas Guoga (Tony G) has signalled the launch of a campaign which seeks to position Vilnius (Lithuania) as the perfect location for UK businesses now looking into the possibility of relocation options. This time, the focus of his attention is the automotive industry, which is anticipated to be one of the sectors most severely impacted by

Read more

BMW i Ventures Strategic Investment in Rever Moto

BMW i Ventures has announced a strategic investment in Rever Moto, Inc., a motorcycle-­focused mobile and technology company who aims to bring big data to the motorcycle industry. Since launching in 2015, Rever users have tracked millions of miles on motorcycle rides in 119 countries around the world. The free Rever app works in conjunction with the Rever website to

Read more

THAILAND woos Chinese Start-Ups

THAILAND is beckoning Chinese start-up companies to invest in the Kingdom in such high-tech industries as information and communications technology, automobiles, aviation and electronics. Deputy Prime Minister Somkid Jatusripitak took representatives of the private sector to China to seek more investment. The delegation will be there until Thursday, visiting Beijing and Shanghai. He will talk with eight to 10 start-ups

Read more