Thursday, September 6, 2018

Harley Davidson Opens an Electric Vehicle Research and Development Facility
Press Release

The company announced that the new R&D facility will be based in Silicon Valley and will initially focus on electric vehicle research and development, including battery, power electronics, and e-machine design.

The company plans to launch its first electric motorcycle in 2019.

The new facility is expected to open in the later part of this year.

21st Century Fox Invests in a Streaming Platform
Press Release

The company announced that it has invested $100 million in Caffeine, a social gaming and entertainment broadcasting platform. Venture capital firms Andreessen Horowitz, and Greylock Partners were among a few others who also participated in the funding round.

Caffeine also announced that it has entered into a content agreement with Live Nation to bring live music concerts to the social broadcast platform later this year.

Amazon Purchases New Mercedes-Benz Vans for its Branded Delivery Fleet
Press Release

Mercedes-Benz announced that it has entered into a new partnership with Amazon which includes the delivery of 20,000 Sprinter model vans.

The vans will be used for Amazon’s new branded delivery platform which allows small businesses to operate their own delivery fleet to customers across the United States.