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Chinese Self-Drive Startup Uisee Raises $155m

January 26, 2021

Uisee, a Chinese autonomous mobility startup, has announced a $155 million funding round, as China continues to dominate emerging markets for self-driving and new-energy vehicles (NEVs). In a signal that China’s Communist…

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Germany’s Auto Giant Switches Focus to China NEV Market

January 12, 2021

Volkswagen, Germany’s largest company, knows where its future lies. The Wolfsburg-based giant, with quarterly revenues of $69 billion, has committed $91bn to electric vehicles (also shortened to NEVs, or new energy vehicles)…

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TIER Mobility’s Bröskamp: “We want to be the new normal – every mobility company should aim for climate neutrality”

January 29, 2020

Björn Bröskamp is team lead, sustainability at TIER, a Berlin-based mobility startup whose scooters are now available across 11 European countries. In this op-ed he tells the story of how TIER became…

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Progress Speeds Up on Dubai to Abu Dhabi UAE Hyperloop

September 21, 2018

Five years after Elon Musk imagined the Hyperloop, two companies are vying to make it a reality between the United Arab Emirates’ two most prominent cities. The proposed Hyperloop between Dubai and…

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Supercars and Startups: How Italy and Israel are Forging Closer Ties

June 2, 2018

Italy is a nation of iconic, world-beating industry, from food and fashion to cars and household appliances. But despite its size – Italy is the third largest economy in the eurozone, and…

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In the Race to Build the Car of the Future, Israel is Speeding Ahead

February 19, 2018

Israel’s status as a leading tech nation is not in doubt. The Middle Eastern state of just eight million people, known as “Silicon Wadi”, is home to 5,000 startups and 750 venture-backed…

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Volkswagen’s MOIA Debuts All-electric Ridesharing Vehicle in Berlin

December 4, 2017

German automaker Volkswagen has just taken electric ridesharing a step further, with the unveiling of an all-electric ride-pooling vehicle. The six-passenger car by MOIA, the company’s year-old mobility wing, will be unveiled…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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