Posts filtered by tags: Daimler[x]


Vestager Seeks Patents Overhaul Amid Court Fights Over Cars

The European Union will seek to overhaul the system for key patents such as those that have fueled legal battles between car makers and technology companies, the EU's technology chief said Wednesday. From a report: Margrethe Vestager promised that regulators will weigh reforms to improve the framework in place for so-called standard-essential patents and work on industry-led initiatives "to reduce frictions and litigation." The EU move could help avoid repeats of lengthy legal battles such as No...
Tags: Nokia, Tech, Eu, European Union, Daimler, Margrethe Vestager, Vestager, Daimler AG, Nokia Oyj

Skyborne whales: The rise (and fall) of the airship

Large airships were too sensitive to wind gusts and too sluggish to win against aeroplanes. But today, they have a chance to make a spectacular return.For decades, die-hard fans of airships have had to accept the fact that their beloved airborne vessels had no chance of making their way back to air travel routes. The ever more technologically advanced aeroplanes are more comfortable and practical than these sluggish giants. Yet the situation changed over a year ago when people in Sweden started ...
Tags: Europe, England, London, Sweden, Navy, France, Germany, Environment, US, European Union, Flight, Cologne, Dusseldorf, Atlantic, Pollution, Paris

Mercedes just unveiled the latest version of its most opulent sedan: a $175,000-plus chariot complete with 5 screens and massaging seats

2021 Mercedes-Maybach S-Class. Mercedes-Benz. The 2021 Mercedes-Maybach S-Class — the latest generation of the company's most luxurious sedan — is here.  It hits the market in mid-2021 with a starting price in the neighborhood of $200,000.  The 2021 Mercedes-Maybach S 580 is built for the chauffeured, and comes crammed with ultra-luxurious appointments like massaging seats, a 64-color ambient-lighting system, and electronic doors that open with the push of a button.  Visit Business Insider...
Tags: Transportation, US, Trends, Features, Luxury, Luxury cars, Mercedes Benz, Mercedes, Daimler, Mercedes Maybach, Maybach, Mercedes Maybach S Class, Tim Levin, BITranspo, Mercedes Maybach S Class Mercedes Benz, Mercedes Maybach S Class Mercedes Benz Buyers

Mobileye taps Luminar to supply lidar for its robotaxi fleet

Luminar, the buzzy sensor startup that is on the verge of becoming a publicly traded company, locked in a supplier deal to furnish Intel subsidiary Mobileye with lidar for its fleet of autonomous vehicles. The deal, announced Friday, will see a rising star paired with a company that has long dominated the automotive industry. While the supplier agreement is nowhere near the scale of Mobileye’s core computer vision business, it is an important collaboration that extends beyond a few pilot prog...
Tags: Transportation, Tech, Intel, Automotive, Volvo, Daimler, Russell, Mobileye, LUMINAR, Austin Russell, Dubai Tel Aviv Paris China, Daegu City South Korea Mobileye, Mobileye CEO Ammon Shashua

Luxury carmaker Maybach has high ambitions for China

The high-end brand owned by Daimler wants to tap into China's ambitious electric vehicle targets.
Tags: News, China, Daimler

Maybach: Strong sales in China drive double sales

The luxury car brand owned by Daimler wants to tap into China's ambitious electric vehicle targets.
Tags: News, China, Daimler

Greece’s Marathon Venture Capital completes first close for Fund II, reaching $47M

Marathon Venture Capital in Athens, Greece has completed the first closing of its second fund, reaching the €40m / $47M mark. Backing the new fund is the European Investment Fund, HDBI, as well as corporates, family offices and HNWIs around the world (plus many Greek founders). It plans to invest in Seed-stage startups from €1m to 1.5m initial tickets for 15-20% of equity. Team changes include Thaleia Misailidou being promoted to Principal, and Chris Gasteratos is promoted to Associate. Marat...
Tags: TC, Uber, Europe, New York, London, Money, Greece, Finance, Berlin, San Francisco, Tech, Investment, Athens, Venture Capital, Mitt Romney, Mobility

Reinventing the Wheel: Daimler Intentionally Becoming a Smaller Company to Facilitate Tech

Daimler Chairman Ola Källenius went against the grain on Thursday by admitting the company he’s been tasked with overseeing will become significantly smaller in five years. That’s normally not the kind of thing you want to telegraph to shareholders via the media but he’s convinced this is the best course of action for the business. […] The post Reinventing the Wheel: Daimler Intentionally Becoming a Smaller Company to Facilitate Tech appeared first on The Truth About Cars.
Tags: Technology, China, Germany, Corporate Strategy, Industry, Electric Vehicles, Autos, Mercedes-benz, EVs, Daimler, Industry News, Daimler AG, Ola Kallenius, News Blog

Tesla reportedly poached Mercedes' Berlin factory chief, and Germany's largest trade union isn't happy about it

The move outraged union leaders, as Mercedes-Benz's Berlin factory braces for layoffs. Reuters Tesla hired the head of Mercedes-Benz's Berlin engine plant, German media reported Wednesday.  IG Metall, a union that represents German autoworkers, was outraged by the news and called for members to protest outside the Mercedes factory, according to the reports. The Mercedes plant is bracing for layoffs, as Tesla makes progress on its Gigafactory Berlin.  Visit Business Insider's homepage f...
Tags: Transportation, Elon Musk, Germany, Berlin, Trends, Tesla, Electric Vehicles, Auto Industry, Mercedes Benz, Mercedes, Electric Cars, Daimler, Reuters, Austin Texas, IG Metall, Reif

BMW Considers Joint Mobility Venture With Daimler

Despite every manufacturer on the planet eager to inject mobility services into the business, the array of programs that encompasses has yet to establish itself as a reliable source of revenue. Frankly, the whole thing seems like a gigantic money pit for the industry made worse by how loosely the term is defined. Customer data […] The post BMW Considers Joint Mobility Venture With Daimler appeared first on The Truth About Cars.
Tags: Autos, Mobility, Bmw, Daimler, Joint Ventures, Daimler AG, BMW Group, News Blog, Mobility Services

Elon Musk says Tesla was just a month away from bankruptcy while it ramped up production of the Model 3

Tesla CEO Elon Musk. Win McNamee/Getty Images Tesla was just one month from bankruptcy as it ramped up production of the Model 3 electric vehicle between mid-2017 and mid-2019, CEO Elon Musk tweeted on Tuesday. Musk described the production process for the Model 3, Tesla's cheapest car, as "extreme stress and pain for a long time," adding that it was "production and logistics hell." Tesla was also just three days from bankruptcy in 2008, when Musk had ploughed all his money into the compan...
Tags: Elon Musk, Trends, Tesla, Daimler, Musk, Mercedes Benz, Waymo, Grace Dean, Elon Musk Win McNamee Getty

Daily Crunch: Under Armour is selling MyFitnessPal

Under Armour gives up on one of its big acquisitions, Uber Eats faces complaints over its free delivery policy for Black restaurants and Facebook takes another step to limit QAnon-related content. This is your Daily Crunch for October 30, 2020. The big story: Under Armour is selling MyFitnessPal Five years after Under Armour acquired MyFitnessPal for $475 million, it’s selling the diet- and exercise-tracking app to investment firm Francisco Partners for $345 million. It’s also shutting dow...
Tags: Apple, Google, TC, Facebook, Uber, India, New York City, Tech, Eu, Aol, Black, Daimler, Under Armour, Myfitnesspal, Armour, Francisco Partners

Daimler invests in lidar company Luminar in push to bring autonomous trucks to highways

Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel. The deal, which comes just days after Daimler and Waymo announced plans to work together to build an autonomous version of the Freightliner Cascadia truck, is the latest action by the German manufacturer to move away from robotaxis and shared mobility and instead focus on how automated vehicle...
Tags: Startups, Transportation, Tech, Automotive, Volvo, Lidar, Daimler, SPAC, Daimler Trucks, Russell, Gores, Freightliner Cascadia, TORC, LUMINAR, Austin Russell, Autonomous Trucks

A strategy overview slide

Here is a slide from a recent Daimler strategy presentation: The slide does not look bad, and is definitely an improvement of earlier versions of the same chart: ...
Tags: Daimler, Speaking

Daimler Trucks partners with Waymo to build self-driving semi trucks

Two automotive giants are teaming up to bring self-driving semi-trucks to market. Under this deal, Waymo and Daimler Trucks are partnering to build an autonomous version of the Freightliner Cascadia truck. This is Waymo’s first deal in the freight business. The truck would be equipped with level 4 autonomous technology, meaning it could drive itself without a human but only in pre-defined areas. It is expected to be available in the US “in the coming years.” “We have the highest regard for Da...
Tags: Startups, TC, US, United States, Daimler, Daimler Trucks, TORC, Waymo, John Krafcik Waymo, Daimler Trucks the world, Waymo Driver, Martin Duaum, Daimler Truck AG, Boris Sofman Waymo, Torc Robotics Waymo

How corporations and SMBs can turn competition into collaboration

We can finally live out our Jetsons fantasies – almost. Pandemic permitting, in a few years we should be able to hire an aircraft to get from A to B. Volocopter’s drone-like, electric-powered helicopters will be cleared to take off with passengers in two to three years.  During its first public flight in Europe last year, CEO Florian Reuter stated that backing from Daimler gave his company the credibility and traction that his competitors cannot claim to have. CEO of Mercedes-Benz Cars and Chair...
Tags: Startups, Europe, Tech, World, Daimler, Mercedes Benz Cars, Volocopter, Florian Reuter, Daimler Ola Källenius, Volocopter Daimler

Here integrates what3words’ super simple address system into its in-car API

Geocoding startup what3words — which chunks the world into 3mx3m squares, giving each a unique three-word label to simplify location sharing — has nabbed another in-vehicle integration, via a partnership with Here Technologies. The pair said today that OEMs using Here’s navigation platform can include what3words as an in-car nav feature directly through the Here Search API, instead of needing to integrate itself. Existing users of the platform will be able to be given access to what3word’s ad...
Tags: Startups, Tech, Automotive, Ford, Airbnb, Location Sharing, Daimler, What3words, In-car Navigation, Here Technologies, Chris Sheldrick, Geocoding, Mercedes Benz Tata Motors DB Schenker Hermes, Jørgen Behrens

The Tesla trade is the best way to invest in a solution to global warming

The Tesla Model 3 is one of four vehicles Tesla is selling. Tesla The green economy looks set to grow in the coming decade, as governments and businesses strive to address global warming. At the moment, it's hard to have enough expertise to invest in the opportunity, given how complicated it is. Tesla, however, is directly involved in the green sector because it builds and sells only green technologies. As a result, it looks like a nice, easy way to do some green investing. And Tesla has a...
Tags: Europe, Texas, California, Senate, China, Germany, US, Trends, General Motors, Tesla, Joe Biden, House, Mary Barra, Gm, Daimler, Mercedes Benz

Autos and apparel makers boost European stocks, while U.S. equity futures struggle

Earnings news from LVMH and Daimler were lifting shares of those companies and helping European equities potentially end the week on a...
Tags: Daimler, Lvmh

The Mercedes-Maybach S650 is the silliest car I've driven all year — but I can't argue with its incredible interior luxury

The Mercedes-Maybach S650 is packed with expensive luxury extras. Matthew DeBord/Insider I drove a $224,000 Mercedes-Maybach S650, a super-luxury sedan that was crammed with high-ended features. The bling is impressive and impressively expensive, but the Maybach is still a stretched S-Class. A stretched S-Class with a 621-horsepower V12 engine, however. The Maybach is rather silly, but there's no question is delivers an ultra-premium passenger experience. Visit Business Insider's homepage ...
Tags: Apple, Transportation, Review, Germany, Trends, Features, Luxury cars, Audi, Mercedes-benz, Mercedes, Bentley, Daimler, Royce, Savannah, Mercedes AMG, Burmester

Daimler labor chief urges lawmakers to promote car charging

Carmakers have warned that European Commission proposals to cut average new car emissions threaten manufacturing jobs.
Tags: Finance, Article, European Commission, Daimler, Reuters, FBN, Fbn/markets, Fox-business/industries/auto, Fox-business/markets/europe, Fox-business/lifestyle/cars, 281aa5a2-19c8-5db0-bef5-8f7f4595ee74

Mercedes-Benz Teases 'Highest-Efficiency Electric Car In the World' With Over 750 Miles of Range

An anonymous reader quotes a report from Electrek: Mercedes-Benz teases a new super-efficient electric car concept, the Vision EQXX, with more than 750 miles of range on a single charge. At Daimler's latest company update, the automaker teased a new technical program to develop "the longest-range and highest-efficiency electric car the world has ever seen." Mercedes-Benz's head of research and development, Markus Schafer, commented: "We have set up a group of our engineers to take on an extraord...
Tags: Tech, Beijing, Shanghai, Daimler, Mercedes Benz, Electrek, Markus Schafer, Mercedes Benz Teases Highest Efficiency Electric, Vision EQXX

Fancy Forward: Mercedes-Benz Can No Longer Cater to Plebs

Mercedes-Benz looks poised to retreat from high-volume compacts. During an online corporate strategy meeting held on Tuesday, Daimler CEO Ola Källenius indicated that the luxury subsidiary may have overextended itself. “Maybe we went at a bit too far to cover each and every space into each and every segment. Compact particularly comes to mind,” he explained. […] The post Fancy Forward: Mercedes-Benz Can No Longer Cater to Plebs appeared first on The Truth About Cars.
Tags: Investments, Corporate Strategy, Electric Vehicles, Autos, Mercedes Benz, Mercedes, EVs, Plebs, Daimler, Industry News, Daimler AG, Ola Kallenius, News Blog, Product Planning, Restructuring

Mercedes-Benz Abandons Manual Transmission, Sticks With Streamlining

As the manual transmission gradually joins the wheel-mounted throttle lever in the automotive history trash bin, we’ve been wondering which manufacture would be the next to take a bold stance against be-clutched vehicles. Today we have our answer, thanks to a tweet explaining the brand’s research boss had indicated Mercedes-Benz doesn’t have room for manuals […] The post Mercedes-Benz Abandons Manual Transmission, Sticks With Streamlining appeared first on The Truth About Cars.
Tags: Investments, Autos, Mercedes Benz, Mercedes, Daimler, Industry News, Daimler AG, News Blog, Manual Transmission, Restructuring, Savethemanuals, Mercedes Benz Abandons Manual Transmission Sticks

Mercedes plans a new slew of EVs, including AMG performance cars and ultra-luxury Maybach models

Members of the upcoming Mercedes-Benz all-electric EQ family, including the EQS. Daimler In a global strategy presentation on Tuesday, Mercedes-Benz detailed its electric future.  Mercedes’ all-new big-car platform, the Electric Vehicle Architecture, will debut with the EQS in 2021. The EQS will be an all-electric, S-Class-like luxury sedan. Following that will be electrified versions of other Mercedes cars, including AMG, Maybach, and G models. Visit Business Insider's homepage for more s...
Tags: Transportation, Europe, Trends, Autos, Volkswagen, Mercedes Benz, Mercedes, EVs, Electric Cars, MMA, Daimler, Amg, Daimler Mercedes, Sindelfingen Germany, Kristen Lee, Mercedes-Benz EQ

Daimler's designated chairman Zetsche renounces job

Zetsche says Daimler’s top investors would have backed him to succeed Manfred Bischoff but that there may have been opposition from other shareholders.
Tags: Finance, Article, Daimler, Reuters, FBN, Zetsche, Fbn/markets, Fox-business/business-leaders, Fox-business/industries/auto, Manfred Bischoff, Fox-business/lifestyle/cars, 30895d0b-aafe-5f7d-8001-cf07f3fa5696

Empirical SCOTUS: Justice Ginsburg leaves a lasting legacy on the court

In the week since the death of Justice Ruth Bader Ginsburg, the legal community has simultaneously honored her legacy with heartfelt eulogies and prepared for the upcoming battle over her vacant seat. If President Trump is able to appoint a successor to Ginsburg, we could see the court’s greatest shift to the right in modern history. This article sheds a statistical light on some of Ginsburg’s work on the court as well as what to expect now that she has died. Ginsburg kept herself busy on the co...
Tags: Featured, Law, Senate, Virginia, United States, Arizona, Mitch McConnell, Ruth Bader Ginsburg, Daimler, Trump, John Roberts, Porter, Scalia, Ginsburg, William Rehnquist, Stephen Breyer

Mercedes just unveiled 2 new electric semi-trucks as it looks to compete with Nikola and Tesla

Daimler Daimler unveiled two new Mercedes electric semi trucks this week, with up to a 1,000-kilometer range.  Like many others in the crowded space, the automaker is betting on a shared platform for its electric trucks. With Tesla's semi-truck delayed and Nikola's involved in a high-profile legal spat, Daimler's manufacturing prowess could be a big advantage.  Visit Business Insider's homepage for more stories.  Mercedes-Benz's parent company, Daimler, announced this week plans to enter ...
Tags: Transportation, Europe, US, Trends, Tesla, Ubs, Nikola Tesla, Hydrogen, Mercedes Benz, Mercedes, Daum, Daimler, Daimler Trucks, Nikola, Tech Insider, Martin Daum

Daimler Shows Off Long-Range Hydrogen Semi, New Battery Truck

Daimler, which has worked on hydrogen technology for decades, is developing a fuel-cell semi with range of up to 600 miles per fueling and next-generation battery trucks amid intensifying competition to curb diesel and carbon exhaust from heavy-duty vehicles. Forbes reports: The German auto giant's truck unit showed off the Mercedes-Benz GenH2, a concept truck designed for long haul runs that will be tested by customers in 2023, at an event in Berlin Tuesday outlining steps it's taking to meet t...
Tags: Europe, Japan, Berlin, Tech, Paris, North America, Daimler, Forbes, Mercedes Benz, Martin Daum, Daimler Shows Off Long Range Hydrogen Semi

Nikola faced fraud allegations upon announcing a $2 billion deal with General Motors, but GM doesn't seem worried

Massimo Pinca/Reuters Almost immediately after Nikola and GM announced a strategic partnership, with GM taking a stake in the startup, Nikola came under attack from short-sellers. Hindenburg Research alleged that Nikola is a fraud, but GM CEO Mary Barra stressed that GM had done its homework. Nikola is a high-risk venture that's trying to shed some execution risk by partnering with GM to build a pickup truck while Nikola focuses on semitrucks. Until Nikola starts selling vehicles, it's a ...
Tags: Transportation, Elon Musk, Opinion, France, Ipo, US, Trends, General Motors, Tesla, Bloomberg, David, Ford, Mary Barra, Auto Industry, Gm, SEC