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Archivo del Autor: Belen De Leon

Ola raises $50M at a $4.3B valuation from two Chinese funds

Ola, the arch-rival of Uber in India, has raised $50 million at a valuation of about $4.3 billion from Sailing Capital, a Hong Kong-based private equity firm, and the China-Eurasian Economic Cooperation Fund (CEECF), a state-backed Chinese fund. The funding was disclosed in regulatory documents sourced by Paper.vc and reviewed by Indian financial publication Mint.

According to Mint, Sailing Capital and CEECF will hold a combined stake of more than 1% in Ola . An Ola spokesperson said the company has no comment.

Ola’s last funding announcement was in October, when it raised $1.1 billion (its largest funding round to date) from Tencent and returning investor SoftBank Group. Ola also said it planned to raise an additional $1 billion from other investors that would take the round’s final amount to about $2.1 billion.

At the time, a source with knowledge of the deal told TechCrunch that Ola was headed toward a post-money valuation of $7 billion once the $2.1 bllion raise was finalized. So while the funding from Sailing Capital and CEECF brings it closer to its funding goal, the latest valuation of $4.3 billion is still lower than the projected amount.

Ola needs plenty of cash to fuel its ambitious expansion both within and outside of India. In addition to ride hailing, Ola got back into the food delivery game at the end of last year by acquiring Foodpanda’s Indian operations to compete with UberEats, Swiggy, Zomato and Google’s Areo. It was a bold move to make as India’s food delivery industry consolidated, especially since Ola had previously launched a food delivery service that shut down after less than one year. To ensure the survival of Foodpanda, Ola poured $200 million into its new acquisition.

A few months later after buying Foodpanda, Ola announced the acquisition of public transportation ticketing startup Ridlr in an all-stock deal. Outside of India, Ola has been focused on a series of international launches. It announced today that it will begin operating in New Zealand, fast on the heels of launches in the United Kingdom and Australia (its first country outside of India) this year.


Source: TechCrunch

Audi partners with Amazon and Electrify America to help kickstart its EV ecosystem

Audi is partnering with e-commerce giant Amazon and VW Group unit Electrify America as the automaker prepares to deliver its first all-electric SUV to U.S. dealerships next year.

The Audi e-tron, which was unveiled Monday night in San Francisco, kicks off the German automaker’s electric vehicle ambitions. The e-tron is the first of three battery-electric vehicles that Audi plans to debut by 2020.

The e-tron SUV joins a growing list of luxury electric vehicles trying to take aim at Tesla. The partnerships with Amazon, Electrify America and utility service Arcadia Power are meant gird Audi’s bet on EVs.

These days, it’s not enough to produce an all-electric vehicle, even a nice-looking one. Customers considering a switch from gas-powered to electric-powered vehicles or from their Tesla to, say an e-tron, will want access to a network of fast chargers and other conveniences. These partnerships are supposed to making owning an e-tron easier from setting up a home charger and to “fueling up” the electric vehicle when it’s on the road.

The partnership with Amazon will give e-tron owners the option to use Amazon Home Services to prepare their homes for an installation of a home charger. This is Amazon Home Service’s first ever collaboration with an automaker to deliver turn-key in-home charging, according to Amazon.

Amazon Home Services will provide Audi e-tron owners with a place (meaning online) to learn about EV home charging installation and equipment, pricing for electrical services and the ability to schedule an electrician to install an EV charger.

Audi is also offering 1,000 kilowatt-hours of power  to e-tron owners over four years through Electrify America’s chargers. By July 2019, this network will include 500 fast-charging sites (completed or under development) the 40 states and 17 metro areas, according to Audi.

That’s still behind Tesla, which has 1,342 fast-charging stations with 11,013 superchargers. But it’s an important start for Audi if it hopes to compete.

In a third partnership announced with Arcadia Power, the digital utility service will allow Audi e-tron owners offset their home electricity consumption with renewable energy. E-tron owners can connect their electricity bill to Arcadia Power and select a renewable energy project to support. Subscribers then receive savings their monthly electricity costs, depending on the project’s energy production, according to Audi.


Source: TechCrunch

How the Audi e-tron compares to the Tesla Model X and Jaguar I-Pace

Audi just announced its first production electric vehicle. Called the e-tron, the EV is a mid-size SUV loaded with technology with an unofficial range of over 300 miles. It’s nicely equipped, and with a starting price of $74,800, it sits between the Jaguar I-Pace and the Tesla Model X.

The e-tron is most similar to the Jaguar I-Pace though the Audi is slightly better equipped. The e-tron packs a 95 kWh battery over the Jaguar’s 90 kWh battery. It’s also slightly larger and rated to tow 4,000 lbs.

Comparing the e-tron to the Model X gets messy. Tesla sells the Model X in three flavors: mild, hot, and on fire. The mild version starts at $72,100 and packs a 75 kWh battery good for 237 miles. Spend $88,600 to get the 100D and its 100 kWh battery that’s rated for 295 miles. And for $125,800, buyers can get the P100D that’s good for 298 miles and a 0-60 time of 2.9 seconds.

Autonomous driving modes are available for purchase on each version of the Model X. Audi and Jaguar do not offer autonomous driving on the e-tron or I-Pace.

Spec for spec, the e-tron, I-Pace and Model X offer advantages over each other. Here are the most important technical specifications for each vehicle along with the Toyota RAV4, the top selling SUV in the United States.

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Here’s how I see each vehicle’s advantage:

Audi e-tron

  • Best price-to-battery ratio: Buyers get a 95 kWh battery on the base model. For the money, the Audi is the best value when it comes to the range it can travel.
  • Competent controls: Audi installed the same dual-touchscreen system found in its high-end A8 luxury sedan. The top screen handles infotainment while the bottom screen handles climate control and text input. Both screens offer tactile and audio response when touched.
  • It looks and feels like an Audi: The e-tron does not stand out, which could be a good thing for some buyers. It looks and feels like an Audi SUV.
  • Audi is not releasing the range yet: The EPA must certify the e-tron before Audi can advertise the range of the e-tron. Without those numbers, it’s hard to place where the e-tron sits in the landscape. But today at the e-tron launch event, the company hinted at a range that’s superior to that of the Tesla Model X.

Jaguar I-Pace

  • Early reviews of the I-Pace praise the driving: The I-Pace is a crossover and it drives like one. It’s sporty and confident and it has the lowest stance of the three EVs listed here.
  • The I-Pace is a Jag: The I-Pace has the quickest time to 60 mph out of the bunch and is capable of hitting the mark in 4.5 seconds. That’s the same as a 2016 Audi TTS Coupe. However, the more expensive Tesla P100D is much, much quicker with a 0-60 time of 2.9 seconds.
  • Well equipped yet the cheapest: Starting at $69,500, the I-Pace is the least expensive of the bunch. And at that price, it’s well equipped

Tesla Model X P75

  • It’s a Tesla: The Model X looks like nothing else on the road inside and out. To some, it’s a big draw while others shy away from the attention-getting design.
  • The Model X is deceptively large: The Model X comes with five seats, but two jump seats can be added to the rear area. With all the seats down, the Model X has an available storage volume of 88 cubic feet — that’s just 6 cubic feet smaller than a Chevy Tahoe.
  • The Model X can drive itself: The Model X can be equipped with Autopilot, Tesla’s self-driving system that can pilot the SUV on its own.
  • More options: The Model X P100 offers more range and the Model X P100D offers more range and insane performance.

The e-tron hits the US market in the middle of 2019, and by then, there will be additional competitors to compare.


Source: TechCrunch

The Audi e-tron SUV is an electric shot at Tesla

This is the Audi e-tron. The electric SUV seats five, starts at $74,800 and in official Audi testing, experienced a range of well over 300 miles on a charge. The e-tron will hit Audi dealerships in the middle of 2019, and prospective buyers can reserve one right now for $1,000.

This is Audi’s first production electric vehicle and perhaps one of the most significant EVs to be announced since the Chevy Bolt. It has everything Audi buyers expect: Quattro AWD, technology-first cockpit, and a familiar fit and finish. The e-tron is launching to a market with few competitors. It’s most similar to the new Jaguar I-Pace. Both vehicles offer similar technology and creature comforts for a similar price. But in a way, the Audi is joining forces with the Jag to compete with Tesla .

The e-tron is packed with a 95 kWh battery pack that powers electric motors on each axle. All-wheel drive is standard, and the vehicle packs two ways to recoup lost energy. Right now, at launch, Audi is not releasing official range numbers and the EPA has yet to certify and release its own numbers.

Inside is reminiscent of current Audi SUVs. Drivers are presented with Audi’s virtual instrument panel and several touchscreens. The top center-mounted screen handles infotainment and navigation duty while the bottom is for climate control and text input. The cabin is equipped and outfitted similarly to the rest of Audi’s line, but the design language is unique to the e-tron.

It’s clear Audi designed the e-tron to appeal to traditional buyers looking to jump into electric vehicles through familiar means. The e-tron looks and feels like the rest of Audi’s lineup. And that’s probably the point. The vehicle maker took its established formula and plugged it into electric vehicles. The result is something new yet familiar.

The Audi e-tron

The outside of the e-tron screams Audi. Sharp headlights, flowing body panels, and an angular, aggressive grill. It looks like a new version of Audi’s mid-size SUV, the Q5. The main design difference comes by way of four small accent lights on the side of the headlights and tail lights. They are designed to look like a battery meter, and the result is a clever, though subtle nod to the e-tron’s electric power plant.

Clad in aluminum, the e-tron’s battery weighs about 700 kg (1,543.2 lb) and is comprised of 36 pouch-type cells, the same type of system Jaguar and Chevy use in their electric vehicles, while Tesla uses cylinder-type battery cells.

Audi says e-tron’s battery can be recharged to 80% in 30 minutes using a 150 kW charger.

The e-tron ships with a Level 2, 240-volt/40 amps residential charger that’s also compatible with 120-volt household outlets. Through a partnership, buyers will have the option to use Amazon Home Services to ready their homes with an installation of a home charger.

E-tron buyers gain access to the nationwide charging network, “Electrify America” and can use up to 1,000 kWh of power over four years. Audi says by 2019 this network will include five-hundred 350kW chargers throughout 40 states.

An electric motor is mounted on each axle motor, though both are not used at all times. At moderate speeds, there is a bias to the rear motor. When the rear motor is unable to provide the vehicle with the desired powered, the front motor kicks on.

The dual motors and single stage transmission work together to get the e-tron to 60 mph in 5.5 seconds. The tow rating is set at 4,000 lbs which is good enough for a small U-Haul trailer or a couple of jet skis. Audi says official horsepower and torque numbers will be released at a later time.

Like other electric vehicles, the e-tron recovers energy through braking and deceleration. But Audi took driving efficiency one step farther.

Using navigation and radar and camera data, the e-tron can predictively prompt the driver to release the gas pedal at appropriate times. If the vehicle knows the driver should slow down, it will tell the driver in the name of efficiency.

Power is returned to the battery from practically all braking situations whether through natural deceleration when the driver releases the accelerator or when the friction brake system is engaged. Audi says this system is responsible for up to 30 percent of the e-tron’s range.

The brakes are electric. When the driver presses the brake pedal, a control unit computes how much pressure needs to be applied, and an electric motor supplies the appropriate pressure. Audi says this system is 30% lighter than traditional vacuum brakes.

The amount of energy the e-tron can recover is selectable by the driver via a paddle on the steering wheel. There are three settings. In the highest setting, the e-tron aggressively recovers energy every time the driver releases the accelerator, which allows for one pedal driving. But in the lowest setting the e-tron coasts without any braking resistance.

Drivers are presented with few traditional switches and buttons. Most of the controls are contained on two touchscreens. The top, center-mounted screen is 10.1-inches while the bottom is an 8.6-inch screen that’s mounted in a way that the driver can access it while their hand is resting on the gear selector. Both screens provide tactile and audio feedback.

This dual screen setup is different from the single, massive screen found in Tesla’s electric vehicles. The top screen handles infotainment, navigation, telephone, and vehicle settings while the bottom is for climate control and entering text for navigation. This layout more closely matches the traditional placement found in other vehicles, which will likely reduce the learning curve often associated with getting in a vehicle with just touchscreens.

This dual touchscreen system is not unique to the e-tron. It’s the same equipment Audi employs in its high-end sedans, and will likely trickle down to other Audi models in coming generations.

The driver is presented with Audi’s digital instrument panel that the carmaker has been using for several vehicle generations. In this instance, the instrument cluster is presented on a 1,920×720 display with e-tron specific graphics. The driver can configure the screen to display the speedometer, power meter and infotainment screens in various fashions. Buyers can also opt for a heads up display.

Audi built a companion app for the e-tron. Through the smartphone app, owners can input navigation destination, set battery charging times and schedule service with local dealers.

Racing the Competition

The e-tron has few competitors but only one that matters: The Tesla Model X, long the lone option for buyers seeking an electric SUV. The Model X is slightly larger, a bit quicker and can be a lot more costly than the Audi e-tron. It also has less range than the unofficial numbers provided by Audi before the e-tron is certified by the EPA

The Tesla is a head turner while the Audi looks like just another Audi. The Tesla packs autonomous driving modes while the Audi only has adaptive cruise control. The Tesla can seat up to seven while the Audi seats five. And the Tesla can beat exotic sports cars to 60 miles per hour.

The Tesla Model X interior feels like something different while the Audi e-tron feels like a new take on something familiar.

Both vehicles start out at similar prices. The Tesla Model X starts at $72,100 with a range of 239 miles. The Audi e-tron begins at $74,800 with an unofficial range of over 300 miles. However, to get the extra range in the Tesla, buyers have to opt for pricier packages. A Model X with a 295-mile range starts at $88,600, and the sports-car fast P100D begins at $125,800 — Tesla’s self-driving features cost an additional $5,000.

In contrast, Audi offers the same powertrain and battery throughout the e-tron’s trim levels. For $81,700 buyers get the same range as the base model but gain additional creature comforts like a heads-up display, massaging seats and parking assist technology. For $86,700 buyers can opt for the First Edition package that includes larger, 21-inch wheels, limited paint, and interior trim and a night vision mode.

The Audi e-tron closely matches up with the Jaguar I-Pace. Jaguar recently announced its electric crossover and is nearing delivery of the first vehicles. Compared to the e-tron, the I-Pace has a similar range, speed, and slightly less interior space. Pricing for the I-Pace starts at $69,500.

The e-tron and I-Pace represent a new breed of electric vehicles even more so than a Tesla EV. Both of these vehicles come from corporations with massive manufacturing might and, while they look and feel futurist, they also look and feel mass produced. And that’s a good thing. If electric vehicles are to become mainstream, the automotive giants need to build them at the same level as traditional automobiles.

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Coming Next Year

The Audi e-tron will hit the United States in the middle of 2019. Buyers can reserve the vehicle starting today with a $1,000 refundable deposit.

When the vehicle hits dealers, it will be Audi’s most expensive SUV and among the most expensive vehicles available from Audi. But compared to competitors, the e-tron is priced in the middle of the pack.

The e-tron will hit the market at a pivotal time for electric vehicles. Automakers are just starting to stake their claims in the marketplace. Chevy went downmarket with the affordable Bolt. Jaguar is hitting the crossover market with the $69,000 I-Pace. Tesla is the premium player in the field with the Model X. The Audi e-tron sits in a sweet spot between the Jag and the Tesla. The pricing is slightly more than the Jag but is well equipped to stand tall against the larger and more expensive Model X.

The e-tron’s success will likely come from consumer awareness. Car shoppers need to know Audi has a new electric vehicle, and Audi seems to understand this. Even before the car launched, the company started advertising the EV with a big-budget TV spot during the Emmys. Since the car doesn’t hit the market for nearly a year, Audi has plenty of time to get the word out. However, that also leaves plenty of time for new competitors to hit the market and for the landscape to shift.


Source: TechCrunch

Audi at Last Unveils the E-Tron, Its First All-Electric SUV

Starting at $74,500 and offering 248(ish) miles of range, the E-Tron is here to do battle with Tesla and every other automaker crowding into the luxury electric market.
Source: Wired

First SpaceX moon passenger Yusaku Maezawa: Everything you need to know – CNET

SpaceX is sending Yusaka Maezawa to the moon. So who exactly is he?
Source: CNET

2018 Emmy winners: A complete list – CNET

Netflix gathered the most wins Monday night at the Primetime Emmys.
Source: CNET

Twin Peaks was too good for the Emmys – CNET

Commentary: Fans and critics alike loved Twin Peaks: The Return — so why didn’t the unusual Showtime series pick up any awards?
Source: CNET

Amazon’s ‘Marvelous Mrs. Maisel’ wins big at the Emmys

Amazon’s “The Marvelous Mrs. Maisel” dominated the comedy categories at tonight’s Primetime Emmy Awards, winning for outstanding comedy series, supporting actress in a comedy series (Alex Borstein), lead actress in a comedy series (Rachel Brosnahan), writing in a drama series (Amy Sherman-Palladino) and directing in a comedy series (Amy Sherman-Palladino).

It’s an impressive showing for a freshman show, but long overdue recognition for Sherman-Palladino — who somehow was never nominated for “Gilmore Girls.” As of tonight, she’s the first woman to win the combination of best comedy writing and directing.

It’s also amusing to see Amazon do so well at the awards after CEO Jeff Bezos reportedly decreed that the streaming service shift its focus from critically acclaimed shows with a niche audience to big budget blockbusters like its “Lord of the Rings” prequel.

(And yes, it’s embarrassing that I co-host a podcast that’s all about streaming shows and movies and yet we’ve never reviewed “Mrs. Maisel” — we will absolutely have to rectify that.)

Netflix, meanwhile, came in with the most nominations (beating HBO for the first time), and its shows took home plenty of awards, too. The streamer’s winners include “The Crown” (lead actress in a drama series, directing for a drama series) “Godless” (supporting actress and supporting actor in a limited series or movie), “Black Mirror” (writing in a limited series or movie), “Seven Seconds” (lead actress in a limited series or movie) and “John Mulaney: Kid Gorgeous at Radio City” (writing for a variety special).

And while it’s not a streaming show, the wins for “The Assassination of Gianni Versace: American Crime Story” (including outstanding limited series) probably make Netflix feel good, since executive producer Ryan Murphy recently signed a $300 million exclusive deal with the service.

Beyond the individual awards, streaming was a big theme throughout the ceremony, including a monologue that saw co-host Michael Che wondering where the heck Netflix gets so much money to spend on original content, and concluding, “I think we can keep television going for another five, six years tops.”

You can check out the full list of winners here.


Source: TechCrunch

SpaceX reveals mystery moon passenger, and he's a billionaire – CNET

Elon Musk’s SpaceX welcomes Japanese entrepreneur Yusaku Maezawa and an entourage of artists as its first BFR spaceship moon tourists.
Source: CNET

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