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Top related persons:
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Search resuls for: "UP.Partners"


4 mentions found


☆ This climate startup is challenging Tesla in the race to electrify big rigs
  + stars: | 2024-11-12 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com   time to read: +4 min
Big rigs make up just 10% of the vehicles on the road, but they account for nearly 30% of total vehicle carbon emissions. Now one startup, California-based Range Energy, is focused not on the tractor but the trailer. said Ali Javidan, CEO of Range Energy. "When I push this button to activate the system, the trailer follows me," Javidan said as he demonstrated the system. Range Energy has raised $31.5 million so far, and it is backed by R7, UP.Partners, Trousdale Ventures and Yamaha Motor Ventures.
Persons: Ali Javidan, Javidan, Ricky Souza, Souza, There's, Tyler Engh, Engh, Lisa Rizzolo Organizations: Volvo, Freightliner, Tesla, Range Energy, Energy, Northern, Trousdale Ventures, Yamaha Motor Ventures, CNBC Locations: California, United States, Northern
☆ Porsche-backed Sensigo deploys AI tools to smooth vehicle repairs
  + stars: | 2023-10-05 | by ( Paul Lienert | ) www.reuters.com   time to read: +2 min
REUTERS/Leonhard Simon/File Photo Acquire Licensing RightsOct 5 (Reuters) - German automaker Porsche (P911_p.DE) and investor UP.Partners have launched Sensigo, a California-based startup using artificial intelligence to enable vehicle service technicians to diagnose, resolve and eventually predict repair issues. Sensigo said its AI-powered service platform and tools can improve the repair process for customers and techs, while boosting service center profitability, reducing repair costs and minimizing warranty risk. The partners’ first startup, Pull Systems, announced in March, manages electric vehicle battery performance. In addition to Porsche, UP’s investment partners include Toyota’s (7203.T) Woven Capital, Alaska Air Group (ALK.N), ARK Invest and others. Portfolio companies include aerial vehicle startups Skydio and Beta Technologies.
Persons: Leonhard Simon, UP.Partners, Sensigo, Paul Lienert, Nick Macfie Organizations: Porsche, REUTERS, Systems, Alaska Air Group, ARK Invest, Beta Technologies, Thomson Locations: German, Munich, Germany, California, Santa Monica, Capital, United States, Detroit
☆ The pilot shortage is slowly easing — but isn't going away anytime soon. Autonomous planes could fill the gap.
  + stars: | 2023-02-10 | by ( Bianca Giacobone | ) www.businessinsider.com   time to read: +3 min
The pilot shortage is estimated at 18,000 commercial aviation pilots in 2023, and 17,000 in 2030. An autonomous urban mobility flight is estimated to cost half of a piloted urban mobility flight. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Previous estimates had put the shortage closer to 65,000 — before updates put the number at around 17,000 earlier this year. According to the report, the total cost per passenger-seat-kilometer of an autonomous urban mobility flight is half the cost of a piloted urban mobility flight, making a case for developing pilot-less technologies.
☆ Mobility study cites roadblocks for U.S. electric vehicles, sustainable aviation
  + stars: | 2023-02-07 | by ( Paul Lienert | ) www.reuters.com   time to read: +2 min
Among those roadblocks, a looming shortage of battery raw materials could put government mandates “in conflict with manufacturing reality” — one of the macro trends charted in the 2023 Moving World Report, published by investment firm UP.Partners. Obstacles to the acceleration of EV production and demand in the United States include ongoing turmoil in global supply chains, insufficient vehicle charging infrastructure and an overloaded electrical grid, the 120-page report said. The study is based on dozens of interviews and cites technical and financial data from research studies by the International Energy Agency, the U.S. Energy Information Administration, McKinsey, Silicon Valley Bank, Carnegie Mellon University and others. While aviation companies continue to pursue alternative technologies from batteries to hydrogen, Managing Partner Cyrus Sigari said that sustainable aviation fuel is “the only rational pathway” to reducing aviation carbon emissions over the next 20 years. Editing by Jane MerrimanOur Standards: The Thomson Reuters Trust Principles.
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