FleetPulse has spun off from trailer OEM Great Dane and hired industry executives to lead the independent company.
The company last announced its Series C raise in 2022, led by SoftBank Vision Fund 2 for $115 million, valuing the company at $575 million. Platform Science has raised $309 million since 2017.
Sandeep Kar, chief strategy officer at Noregon Systems, joins FreightWaves’ Global Supply Chain Week to talk about major changes and challenges facing the automotive industry.
Fleets using Daimler Trucks North America’s Cascadia can now choose the apps or telematics solutions they want without hardware upgrades after the truck maker leveraged its partnership with Platform Science to introduce the Virtual Vehicle platform.
Kar believes a driver’s relationship with an OEM will no longer end after the sale of a truck. That relationship will continue over the lifespan of the vehicle with the introduction of in-cab service technologies.
The ultimate guide to putting your money towards the most efficient trucks in the industry
The Complete Vehicles segment grew sales by 40.7 percent and widened its EBIT margin.
The dealbook for Volkswagen’s proposed IPO of its heavy-truck unit appears to be lower than anticipated according to sources.
VayaVision, a startup that develops perception software for autonomous vehicles, today announced that they are the recipient of a €2.45 million SME Instrument Grant from the European Innovation Council (EIC) to support its expansion into the European market.
