Autonomous driving startups in China are in an arms race to put passengers in their machine-driven vehicles. Every few weeks, news arrives that another major player has got the greenlight to launch a new pilot program or a small-scale service. These press releases, often dotted with regulatory jargon and flowery language to aggrandize the companies’ […]
Portugal’s ‘Predictive maintenance’ startup Stratio pulls in a $12M Series A round led by Forestay
The fleet management industry needs to be able to predict when a truck or a van is about to break down. Not only does this prevent millions in lost revenues, it also has huge implications for supply chains. ‘Predictive maintenance’ is one of those spaces in which you will find several incumbent companies, such as […]
Nikola and Bosch ink deal for hydrogen fuel cell modules
Beleaguered electric truck developer Nikola Corp. has inked a new agreement with Bosch for its hydrogen fuel cell modules. The modules will be used to power two of Nikola’s hydrogen-fueled semi-trucks, the short-haul Nikola Tre and Nikola Two sleeper. “This announcement is the result of a multi-year working relationship with Bosch,” Nikola CEO Mark Russell said […]