Iraq Bulletin

Tag : Automotive

Automotive

Self-driving truck company Plus upsizes fundraising

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Plus (formerly Plus.ai), a leading provider of self-driving truck technology, announced it has added $220 million in new financing co-led by FountainVest Partners and ClearVue Partners, with participation from Quanta Computer Inc., Phi Zoyi Capital, and Millennium Technology Value Partners. The company’s existing investors including Sequoia Capital China, SAIC Capital,......
Automotive

Abu Dhabi upgrades electric vehicle infrastructure

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In response to growing demand for electric vehicle infrastructure, ION, the UAE-based sustainable transportation joint venture between Bee’ah and Crescent Enterprises, has installed high-power, ultra-fast charging stations with a total capacity of up to 350KW, on Yas Island, Abu Dhabi. Capable of charging electric vehicles (EV) through a connection to......
Automotive

Most potent four-cylinder production engine

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The Mercedes-AMG A 45 S 4MATIC+ is powered by the most potent four-cylinder production engine in the world. The BRABUS powerplant engineers make the two-liter turbo even more powerful and, of course, they do so with TÜV approval and the exemplary three-year or 100,000-kilometer/62,000-mile BRABUS Tuning Warranty. The B45 –......
Automotive

Hyundai reveals new multi-purpose vehicle

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Hyundai Motor Company today unveiled the teaser images of STARIA, the brand’s new multi-purpose vehicle (MPV) lineup. The images show the STARIA Premium, a high-end variant of STARIA standard model. The STARIA name combines ‘star’ and ‘ria’, in reference to the vehicle’s future-oriented product values and streamlined design characteristics defined......
Automotive

Canoo developing breakthrough electric vehicle

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Canoo Inc., a company developing breakthrough purpose-built electric vehicles (EVs) with a proprietary and highly versatile platform architecture, debuted its fully-electric pickup truck during the Motor Press Guild’s Virtual Media Day (VMD) in partnership with Automobility LA. The production version of the pickup truck will open for preorders in Q2......
Automotive

Ideanomics acquires minority stake in Energica

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Ideanomics has acquired 20 per cent of Italian Energica Motor Company S.p.A.  for the value of $13.2 million. Energica develops high performance 100 per cent battery-powered motorbikes. With this investment in Energica, Ideanomics expands its global footprint in the electric vehicle (EV) industry, and complements Treeletrik’s business in the ASEAN......