Posts Tagged daimler

Toyota Sells All Remaining Shares Of Tesla

Toyota sold all of its remaining Tesla shares due to a lack of new developments related to the two automakers’ early partnership. Way back in July of 2010, Toyota made a smart move, following in the footsteps of Daimler the Japanese automaker purchased $50 million in Tesla stock. Daimler had…

2 weeks ago by Steven Loveday 21

Daimler Breaks Ground On Tesla-Like Battery Gigafactory In Europe

Daimler presented its emerging second battery factory in Kamenz, Germany with a big splash, accompanied by chancellor Angela Merkel no less. The company names Deutsche Accumotive’s facilities the world’s biggest, and most modern battery factories, while the media have dubbed it Daimler’s battery Gigafactory in Europe. However, Daimler’s approach seems different…

3 weeks ago by Mark Kane 22

Daimler Partners With Bosch For Level 4, 5 Autonomous Vehicles

Daimler and Bosch have announced a co-development agreement on fully automated (SAE Level 4) and driverless (SAE Level 5) technology. The German partners intend to develop and launch a production-ready system for driver-less cars on urban public roads by the beginning of the next decade. Whether it will enable Daimler to catch Tesla with…

2 months ago by Mark Kane 1

daimler ev at chargepoint station

Daimler Invests In ChargePoint For Expansion Into Europe

ChargePoint has raised $82 million to support the expansion of the company’s charging network into Europe. The latest investment round was led by Daimler, but existing investors (BMW i Ventures, Linse Capital, Rho Capital Partners, and Braemar Energy Ventures) also participated. Since its founding, ChargePoint has raised $255 million. According…

4 months ago by Mark Kane 4