Daimler
-
Uber rival Careem closes $500M raise at $1B+ valuation as Daimler steps in
Amid ongoing struggles at Uber, one of its stronger regional rivals in transportation on demand has raised a significant round of funding, picking up a significant strategic investor in the process. Careem, a transportation startup currently in 80 cities across the Middle East, has raised another $150 million — closing out a $500 million Series E round that it confirmed in December when… Read More
-
New Smart Fortwo EV: fewer dollars, more miles
Mercedes-Benz announced the price of its new electric 2017 Smart Fortwo: $23,800 for the hard-top coupe and $28,000 for the cabrio with a sliding canvas roof. The new coupe’s price is $1,200 less than the outgoing model, but the cabrio’s price is exactly the same. Besides the price, there are some practical improvements for the new Fortwo EV. Read More
-
Savari works to bring 5G to connected cars
In these early days of smart cities and connected cars, Savari has emerged as a V2X (that’s vehicle-to-everything) innovator. Now it’s joined the 5G Automotive Association to bring cellular communications to connected cars. Read More
-
Daimler and Bosch: fully autonomous cars within 5 years
Look out, startups. The big guns are taking on autonomous driving with serious intent. Daimler, one of the largest vehicle manufacturers in the world, announced that it is partnering with Bosch, one of the largest automotive tech and hardware suppliers in the world, to bring fully autonomous vehicles to urban roads “by the start of the next decade.” It’s already 2017, so… Read More
-
Daimler leads ChargePoint’s new $82M round for EV charging network growth
Campbell, Calif.-based ChargePoint secured a new $82 million funding round, led by automaker Daimler. The new funding will help ChargePoint expand its network of electric vehicle charging stations in Europe, as the company pursues its goal of making charging stations for EVs as readily available and convenient as gas stations. The funding round also includes existing investors BMW i… Read More
-
Daimler’s Smart will focus on electric vehicles exclusively in North America
The adorable little Smart cars you see on North American roads from here on out will likely be primarily electric, as the company has decided to cease sales of its gas-powered Fortwo and Fortwo Cabrio in the U.S. and Canada from 2017 on. It sounds like the decision has less to do with overwhelming demand for electric Smart cars, however, and more to do with the North American… Read More
-
Crunch Report | ACLU Enrolls in Y Combinator
We are joined by the CEO of Product Hunt, which was just acquired by AngelList, the ACLU enrolls in Y Combinator, Daimler builds a self-driving car for Uber and top poker players lose to an AI developed by Carnegie Mellon. All this on Crunch Report. Read More
-
Daimler to operate self-driving cars on Uber’s network
Daimler and Uber have announced a partnership that will see the automaker introduce its own self-driving cars for use on Uber’s ride sharing service. The team-up is the second alliance Uber has struck with a car maker in pursuit of its goal of delivering self-driving service to users, the first of which was struck with Volvo and resulted in the XC90 self-driving test car that serves… Read More
Latest Crunch Report
-
Daimler close to buying Taxibeat in Greece for around $43M
Automakers are continuing to ramp up their holdings in the world of on-demand transportation services, and in the latest development, Germany’s Daimler is closing in on a deal to acquire Taxibeat, a profitable ride-hailing app based out of Athens, for a price of around €40 million ($43 million). The deal — which would roll Taxibeat into the same Daimler division that includes… Read More
-
Daimler leads $17.2M round in rolling delivery drone startup Starship Technologies
Daimler has led a new $17.2 million funding round in Starship Technologies, a startup created by Skype founders Ahti Heinla and Janus Friis, the WSJ reports. The round will help U.K.-based Starship expand its efforts to bring rolling drone deliveries to city sidewalks around the world. Starship’s six-wheeled autonomous delivery bots are essentially coolers on wheels, keeping contents hot… Read More
-
Roll your own car sharing service with Vulog
Vulog is not a big name in the car sharing space, especially in the US, but the French company is hoping to change that at CES 2017. Alexandre Thibault, VP of business development, said it’s the only independent company that provides hardware and software solutions to car sharing services. (The better-known free-floating car sharing services, car2go and ReachNow, are owned by Daimler… Read More
-
BMW, Daimler, Ford and VW to build high-power European EV charging network
A new joint venture between major carmakers will attempt to make it easier to get around Europe using electric cars, thanks to a network of chargers with up to 350 kW charging capacity, which could drastically reduce overall charging times compared to what’s available today. The team-up includes BMW, Daimler, Ford and Volkswagen, and plans for roll-out of the fast-charging stations call… Read More
-
Mapping startups hope they can chart a new course to success
Alphabet, Apple and Uber may be spending billions on exhaustive new mapping technologies to power the self-driving car revolution, but there’s a new generation of companies betting that a combination of crowdsourcing and artificial intelligence will enable them to navigate their way to success in the wild world of international geographics. Some companies are choosing to go deep into… Read More
-
Smart’s entire car lineup will have an electric drive option in 2017
At some point, it’ll probably be commonplace, but as of its 2017 model year, Smart will be the only big car brand that can truthfully claim to offer both an electric drive and a gas-powered option across all of its vehicle offerings. The Daimler-owned maker of pint-sized urban cars will offer an EV version of its Fortwo, Fortwo Cabrio and Forfour in 2017, and each one will use a brand… Read More
-
Mercedes-Benz and Matternet unveil vans that launch delivery drones
Mercedes-Benz Vans and drone tech startup Matternet have created a concept car, or as they’re calling it a Vision Van, that could change the way small packages are delivered across short distances. The Vision Van’s rooftop serves as a launch and landing pad for Matternet’s new, Matternet M2 drones. The Matternet M2 drones, which are autonomous, can pick up and carry a… Read More
-
Daimler begins testing Smart car trunk delivery service with DHL
Packages delivered to the trunk of your car isn’t an entirely new concept; last April, Amazon started testing a service to do just that in partnership with Audi and DHL in Munich. Now, Daimler is getting in the action, with a pilot project also including DHL and Amazon, as well as Allyouneed fresh and Fashion ID that will drop packages in the trunk (“boot” for the Europeans… Read More
-
Russia’s Google equivalent is building a self-driving shuttle
The Google equivalent in every major market where Google doesn’t really play is making a self-driving car of some kind, and Russia is the latest to join the fray. Yandex is the company in question, which operates Russia’s leading search engine, along with a host of other going concerns. Add to that list a driverless minibus, which the tech company is creating in partnership… Read More
-
Daimler hits the gas on electric and autonomous driving tech
Mercedes-Benz parent company Daimler intends to up its spending on research and development, the company revealed during its quarterly earnings call on Thursday. The high-end car maker is going to route a lot more money toward areas key to the future of driving, including autonomous driving tech, a brand new generation of batteries for electric vehicles and alternative drive… Read More
-
Maker of taxi-ordering app myTaxi raises €10 million from Daimler, Lars Hinrichs
Intelligent Apps, the Hamburg, Germany-based startup behind popular taxi ordering smartphone application myTaxi, has raised 10 million euros in growth funding from car2go, a subsidiary of Daimler, Germany’s third largest carmaker. XING and Hackfwd founder Lars Hinrichs also participated in the financing round, as did previous backers T-Venture (Deutsche Telekom) and KfW… Read More
Message Us