CameraMatics secures €49m investment to accelerate AI fleet tech and global growth
CameraMatics has secured up to €49m (£42.3m) of investment to deliver the next phase of AI-powered video telematics innovation. The investment, raised from a consortium led by Blume Equity, alongside the Ireland Strategic Investment Fund (ISIF) and Goodbody Capital Partners (on behalf of AIB), will also power growth across the UK, Ireland, mainland Europe and Read More
Mer completes divestment of UK fleet charging business through management buyout
Mer AS has finalised the sale of its UK EV fleet charging division, Mer Fleet Services Ltd, to its existing leadership team in a strategic management buyout. Paul Winchester, CEO of Mer Fleet Services The divestment aligns with Mer’s focused ‘Pure Public Strategy’ in the Nordics, Germany and Austria. The move follows Mer’s recent sell-off Read More
Motive’s personalised AI Coach debuts in UK to transform fleet safety
Fleet technology provider Motive has launched its automated AI Coach in the UK, allowing transport managers to automatically deliver personalised, avatar-led video feedback to drivers at scale. The new solution uses Motive’s accurate AI to deliver high-impact, personalised video feedback at scale The new solution uses Motive’s accurate AI to deliver high-impact, personalised video feedback Read More
Over 70% of fleets plan to implement AI, new research reveals
Artificial intelligence (AI) is poised to reshape the fleet sector, with more than 70% of managers considering implementing the technology. The research shows a massive shift in how fleets intend to manage vehicles and supply chains A new joint study from telematics specialist Targa Telematics and the Connected Vehicle & Mobility Observatory of Politecnico di Milano Read More
Changan Deepal S05 gains plug-in hybrid with 100km EV range and V2L
Changan is expanding the line-up for its Deepal S05 fully electric crossover with a new plug-in hybrid variant designed for long driving range, low fuel consumption and fast-charging capability. The new model arrives from September and debuts Ultra-Hybrid technology from the brand, which is one of China’s oldest and largest automotive manufacturers. Developed for the Read More
Volkswagen premieres overhauled interior for revamped Caddy
Volkswagen Commercial Vehicles has given a first glimpse of the interior for the heavily revamped Caddy as pre-sales start in its domestic market. The fifth-generation of the compact van and MPV gets a significant overhaul that includes a redesigned exterior and new-look cabin. On the outside, the city delivery and family van gets bolder design Read More
Volteum lands €2.5m to accelerate European fleet electrification
Volteum has raised €2.5m (£2.2m) to expand its AI-driven fleet management platform for electric and mixed vehicle fleets further into key Western European markets. Image credit: Márk Rétsághy The funding round was led by Movens Capital with participation from WakeUp Capital and Aidiom, and follow-on from early investors Day One Capital, Techstars and Nesprit. The Read More
Zenobē and Vectalia sign €120m electrification leasing agreement
BVRLA approves governance reforms and confirms new appointments
Skoda Peaq electric seven-seater revealed in exterior sketches
Škoda has revealed exterior sketches of its all-new electric seven-seater Peaq ahead of its world premiere later this month. The new sketches offer a glimpse of its clean lines and characterful design, which follows the Czech brand’s Modern Solid principles. Due to launch after the summer, the Peaq delivers a new range-topper for Škoda’s EV Read More