2023-05-17
FT EXCLUSIVE: VW & Huawei in software talks ⚡️Talks to license software for VW's China cars ⚡️Deal is stop-gap until VW Cariad fixed ⚡️Held talks with other Chinese tech providers Story from @patricianilsson, @qianerliu & @edwardwhitenz: https://www.ft.com/...
Financial Times
Sources: Volkswagen held talks to use Huawei software in its cars in China, after its software unit Cariad missed its development goals and exceeded its budget
Turmoil at German carmaker's in-house software arm threatens to affect market share — Volkswagen has held talks …
2023-03-09
Will holograms replace in-car screens? Envisics, based in Milton Keynes, has developed hologram tech that will debut in the Cadillac Lyriq. Stellantis, Hyundai, GM and JLR just invested in its Series C, valuing it at $500m. My story: https://www.ft.com/... https://twitter.com/...
Financial Times
Milton Keynes, UK-based Envisics, which is building hologram tech for in-car monitors, raised a $50M+ Series C at a $500M valuation, up from ~$250M in 2020
Peter Campbell / Financial Times :
2022-09-09
Cazoo spent €200m buying businesses across Europe, and even more sponsoring some of the region's largest football clubs. Today, it scraps the whole lot: https://www.ft.com/...
Financial Times
Used car marketplace Cazoo plans to wind down European operations and focus on the UK, cutting 750 jobs; Cazoo expects the move to save £100M by the end of 2023
Financial Times :
Cazoo now has to unwind a whole load of multi-year football deals - some struck only months ago. https://www.ft.com/... https://twitter.com/...
Financial Times
Used car marketplace Cazoo plans to wind down European operations and focus on the UK, cutting 750 jobs; Cazoo expects the move to save £100M by the end of 2023
Financial Times :
2022-06-21
Fascinating tale from @EleanorOlcott & @edwardwhitenz about how China (which is Tesla's growth engine) is becoming worried about Elon Musk's Starlink programme: https://www.ft.com/...
Financial Times
SpaceX's Starlink aid to Ukraine has triggered scrutiny in China, as Chinese firms rush to deploy their own satellite constellations to compete
‘Silicon Valley Iron Man’ is under pressure over satellites as Chinese rivals close in on Tesla — In the days after Vladimir Putin ordered Russian troops …
2020-07-22
🚨 New Fiat Chrysler-Waymo deal 🚨 🚘 FCA to use Waymo tech exclusively for all “level 4” vehicles 🚘 FCA ditches Aurora after just 18 months 🚘 Waymo to use FCA LCVs (ie Ram ProMaster) for delivery fleet Story with @PatrickMcGee_ here: https://www.ft.com/...
Financial Times
Fiat Chrysler says it has signed an “exclusive” deal with Waymo on self-driving tech, ending its 18-month relationship with Amazon-backed Aurora
Agreement will help Google sibling in attempt to bring its technology into the mainstream