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BMW open for new partners in mobility services venture: FAS

“FRANKFURT (Reuters) – BMW is keen to find additional partners for the mobility services venture it runs with rival carmaker Daimler “We would like to welcome additional partners in this area, which has great future potential,” BMW boss Oliver Zipse told Frankfurter Allgemeine Sonntagszeitung (FAS) in an interview” writes Midwest Communications Inc for 95kqds.com. Collaborations as well as a financial investments were options for any future partners, he said, adding that customers want a wide choice across different brands.The head of the mobility venture resigned last month in what a…

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Former Uber executive’s new startup wants to bring your electric scooter to you

“That’s where Tortoise wants to come in: It’s the behind-the-scenes workhorse (turtle?) that aims to help companies navigate and organize their mobility offerings” writes Sean Szymkowski for cnet.com. If the technology becomes widespread, Tortoise imagines it could park a scooter in a needed area with remote controls or automation. Source: cnet.com

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Wunder Mobility closes $60 million round to expand its urban transport platform in the U.S.

“Wunder Mobility, which develops a platform that lets companies and municipalities create their own urban mobility services, has raised an additional $30 million from Blumberg Capital and KCK to close out its series B round of funding at $60 million” writes Paul Sawers for venturebeat.com. Wunder Mobility works with fleet operators and mobility companies, such as car-, scooter- and bike-sharing platforms, and its customers include automotive giants like Daimler, BMW, Volkswagen, and Toyota.The Hamburg-based company announced the first $30 million tranche a year ago, and it has now raised a…

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Volocopter raises $55m to commercially launch VoloCity flying taxis

“With our Volocopter air taxis, we are adding a whole new level of mobility in the skies” reports slashgear.com. This funding round is allowing us to take great strides towards bringing Urban Air Mobility to life whilst being respectful of our shareholder’s money.Air taxi company Volocopter has raised $55 million (€50 million) in a series C funding round led by Zhejiang Geely Holding Group Co., the company behind Volvo and several other car brands. Source: slashgear.com

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Faraday Future has new CEO, but old one isn’t gone

“Breitfeld as CEO, the future of FF is brighter than ever” reports thebusinessjournal.com. A press release from FF describes Breitfeld as a “world-renowned expert in electric mobility.I envisioned a vehicle that will truly redefine transportation, mobility and connectivity, creating a true ‘new species’ of vehicle that integrates the ‘third internet living space’ with our ‘smart driving platform.’ “With Dr. Source: thebusinessjournal.com

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Tim Carney: America is a land of opportunity with many pockets of despair

“We see that many parts of America have incredible economic mobility, but many regions are dreadful on that score” writes Timothy P for marketwatch.com. America may still be the “Land of Opportunity,” he found, but it’s really many lands of opportunity and many other lands of hopelessness.Economic mobility is not really decreasing in America, most of the numbers show.They’ll say there’s no crisis of economic mobility. Source: marketwatch.com

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America is a land of opportunity with many pockets of despair

“We see that many parts of America have incredible economic mobility, but many regions are dreadful on that score” writes Timothy P for marketwatch.com. America may still be the “Land of Opportunity,” he found, but it’s really many lands of opportunity and many other lands of hopelessness.Economic mobility is not really decreasing in America, most of the numbers show.They’ll say there’s no crisis of economic mobility. Source: marketwatch.com

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German carmakers to invest 60 billion euros in electric cars and automation: VDA

“We will invest over 40 billion euros in electric mobility during the next three years, and another 18 billion euros will be invested in digitization and connected and automated driving,” VDA president Bernhard Mattes said in a statement on Saturday” writes Midwest Communications Inc for 95kqds.com. FRANKFURT (Reuters) – Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahead of the Geneva motor show.”The ramp-up of electric…

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BMW and Daimler merge 14 services into five joint ventures including Reach Now for multimodal services, Free Now for ride-hailing, and Share Now for car-sharing

“Daimler and BMW plan to add more than 1,000 jobs across the portfolio over the next few years” writes Grace Dobush for fortune.com. Ride-hailing service Free Now will combine the portfolio companies mytaxi, Chauffeur Privé, Clever Taxi and Beat, which serve 21 million customers in 17 European and Latin American countries. Source: fortune.com

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