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BMW debuts the next generation of its iDrive operating system

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For modern cars, the standalone, photo-frame-like display in the center of the dashboard has become something of a default. But with its next-generation iDrive 8 system, BMW is moving away from this design language by introducing what it calls the “BMW Curved Display,” which takes this idea to the next level by expanding that center display all the way through the cockpit. It’s actually still two screens, the 12.3-inch information display and 14.9-inch control display, but it looks like a single curved display that BMW describes as giving an “appearance of almost floating.”

The new curved display with the new iDrive 8 system will debut in the upcoming all-electric iX and i4, which should arrive later this year.

While the company isn’t sharing any details about the underlying technology stack just yet, BMW is willing to say that its new stack is able to process 20 to 30 times more data than the previous system. The company plans to share more details about the stack after July, Frank Weber, BMW’s head of development, told me during a press roundtable earlier today.

Image Credits: BMW

The company provided a first glimpse of the new layout when it announced the iX last November, but at the time, it didn’t provide any details about the new iDrive system. At the core of it is, unsurprisingly, a wholesale redesign of the user interface. Drivers will be able to choose between different layouts, for example. There’s a standard “Drive” layout, which will feature “a dynamically changing area in the center of the information display to show individually selectable information.” There’s also a “focus” mode for “dynamic driving situations,” a “gallery” layout that minimizes driving info in favor of other widgets from apps like your media source and, for when you just want to drive and be left in peace, a “calm” mode that only shows your vehicle speed in the center of the information display, and virtually nothing else.

Image Credits: BMW

There also are three different driving modes: efficient, sport and personal, which allows you to change some of the core driving experience settings like engine throttle, steering characteristics and chassis settings, as well as the audio characteristics of the car.

For maps, which are probably still the most often used app in any car, there are also three different modes (adaptive, reduced and expanded), all going back to the central idea that the drivers should be able to decide how much information they want to see.

That’s a lot of personalization options and Weber acknowledged as much, but he also argues that the company has made them easy to use so that they don’t overwhelm the driver — and that a lot of drivers really want this functionality.

“When you test our system in China, you cannot do enough for personalization, they almost want to personalize everything,” Weber explained. “And then there are other people who say: I just want to drive my vehicle, I don’t want to see any of that. Therefore, what we did is, we have included a ‘My Mode’ function — a very simple surface in the vehicle. When you push My Mode, you find Sport and you find Efficiency and you find Personal here. And there, it is very easy to almost say ‘Do I want something that is very reduced? Or do I want something that has all the possibilities of personalization?’ There are very artful things that we have included in here. And there are very simple choices.”

Image Credits: BMW

And talking about personalization, with the BMW ID, the company now offers a new system for saving those personalized settings on your smartphone and the new My BMW app.

With this update, BMW is also launching the next generation of its BMW Intelligent Personal Assistant, which made its debut at TechCrunch Disrupt a few years ago. Built on top of Microsoft’s Azure Cognitive Services, the improved in-car assistant will get better at interacting with drivers through a more natural dialog, but in addition to voice interactions, BMW is now also adding more visual components and integrating the assistant with its gesture recognition capabilities. We’ll have to see this in action to see how this works in practice. So far, BMW hasn’t shared a lot of details about these features.

Image Credits: BMW

“In communication between people, a great deal of information is conveyed nonverbally,” the company explains. “The BMW Intelligent Personal Assistant has thus been upgraded with a greater focus on how it is presented visually. This new visualization approach features spheres of light in differing sizes and brightness levels, giving the assistant more space and new ways of expressing itself. This visual image also gives it a “face” with a clearly visible point of focus and identifiable states of activity.”

Like with the iDrive 7 system, this new operation system will also support remote software upgrades, either over the air thanks to the car’s built-in SIM card and cell connectivity (up to 5G for the iX) or through the My BMW app.

As for current cars with the iDrive 7, Weber noted that those cars will get some of the features from iDrive 8 that can be ported back to it — and iDrive 7 will continue to get updates as well.

Image Credits: BMW

“It’s a little bit like in the smartphone world,” Weber said. “All the things — and the good and interesting new things from iD8 that can be transferred to iD7, iD7 we’ll get those upgrades. But like a particular function on a phone, not all of them can be transferred back to the previous generation. So most of it can be transferred, but not all of them. But certainly, we will continue to work on updating the previous generation. We won’t stop that.”

As a side note, Weber also addressed the current chip shortage that has led some car manufacturers to slow down production. He noted that since about Christmas, BMW is “fighting for every single production day” but hasn’t lost one yet. He wasn’t willing to make any forecasts, but noted that the company has started to develop alternative solutions on the engineering side. “So far, we are really able and capable of adjusting our pipeline, so that we didn’t have to stop any production at this point,” he said.

 

Lyron Foster is a Hawaii based African American Musician, Author, Actor, Blogger, Filmmaker, Philanthropist and Multinational Serial Tech Entrepreneur.

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Vietnamese electric motorbike startup Dat Bike raises $2.6M led by Jungle Ventures

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Son Nguyen, founder and chief executive officer of Dat Bike on one of the startup's motorbikes

Son Nguyen, founder and chief executive officer of Dat Bike

Dat Bike, a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6 million in pre-Series A funding led by Jungle Ventures. Made in Vietnam with mostly domestic parts, Dat Bike’s selling point is its ability to compete with gas motorbikes in terms of pricing and performance. Its new funding is the first time Jungle Ventures has invested in the mobility sector and included participation from Wavemaker Partners, Hustle Fund and iSeed Ventures.

Founder and chief executive officer Son Nguyen began learning how to build bikes from scrap parts while working as a software engineer in Silicon Valley. In 2018, he moved back to Vietnam and launched Dat Bike. More than 80% of households in Indonesia, Malaysia, Thailand and Vietnam own two-wheeled vehicles, but the majority are fueled by gas. Nguyen told TechCrunch that many people want to switch to electric motorbikes, but a major obstacle is performance.

Nguyen said that Dat Bike offers three times the performance (5 kW versus 1.5 kW) and 2 times the range (100 km versus 50 km) of most electric motorbikes in the market, at the same price point. The company’s flagship motorbike, called Weaver, was created to compete against gas motorbikes. It seats two people, which Nguyen noted is an important selling point in Southeast Asian countries, and has a 5000W motor that accelerates from 0 to 50 km per hour in three seconds. The Weaver can be fully charged at a standard electric outlet in about three hours, and reach up to 100 km on one charge (the motorbike’s next iteration will go up to 200 km on one charge).

Dat Bike’s opened its first physical store in Ho Chi Minh City last December. Nguyen said the company “has shipped a few hundred motorbikes so far and still have a backlog of orders.” He added that it saw a 35% month-over-month growth in new orders after the Ho Chi Minh City store opened.

At 39.9 million dong, or about $1,700 USD, Weaver’s pricing is also comparable to the median price of gas motorbikes. Dat Bike partners with banks and financial institutions to offer consumers twelve-month payment plans with no interest.

“These guys are competing with each other to put the emerging middle class of Vietnam on the digital financial market for the first time ever and as a result, we get a very favorable rate,” he said.

While Vietnam’s government hasn’t implemented subsidies for electric motorbikes yet, the Ministry of Transportation has proposed new regulations mandating electric infrastructure at parking lots and bike stations, which Nguyen said will increase the adoption of electric vehicles. Other Vietnamese companies making electric two-wheeled vehicles include VinFast and PEGA.

One of Dat Bike’s advantages is that its bikes are developed in house, with locally-sourced parts. Nguyen said the benefits of manufacturing in Vietnam, instead of sourcing from China and other countries, include streamlined logistics and a more efficient supply chain, since most of Dat Bike’s suppliers are also domestic.

“There are also huge tax advantages for being local, as import tax for bikes is 45% and for bike parts ranging from 15% to 30%,” said Nguyen. “Trade within Southeast Asia is tariff-free though, which means that we have a competitive advantage to expand to the region, compare to foreign imported bikes.”

Dat Bike plans to expand by building its supply chain in Southeast Asia over the next two to three years, with the help of investors like Jungle Ventures.

In a statement, Jungle Ventures founding partner Amit Anand said, “The $25 billion two-wheeler industry in Southeast Asia in particular is ripe for reaping benefits of new developments in electric vehicles and automation. We believe that Dat Bike will lead this charge and create a new benchmark not just in the region but potentially globally for what the next generation of two-wheeler electric vehicles will look and perform like.”

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Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake Bunny

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Decentralized finance startup MOUND, known for its yield farming aggregator Pancake Bunny, has raised $1.6 million in seed funding led by Binance Labs. Other participants included IDEO CoLab, SparkLabs Korea and Handshake co-founder Andrew Lee.

Built on Binance Smart Chain, a blockchain for developing high-performance DeFi apps, MOUND says Pancake Bunny now has over 30,000 daily average users, and has accumulated more than $2.1 billion in total value locked (TVL) since its launch in December 2020.

The new funding will be used to expand Pancake Bunny and develop new products. MOUND recently launched Smart Vaults and plans to unveil Cross-Chain Collateralization in about a month, bringing the startup closer to its goal of covering a wide range of DeFi use cases, including farming, lending and swapping.

Smart Vaults are for farming single asset yields on leveraged lending products. It also automatically checks if the cost of leveraging may be more than anticipated returns and can actively lend assets for MOUND’s cross-chain farming.

Cross-Chain Collateralization is cross-chain yield farming that lets users keep original assets on their native blockchain instead of relying on a bridge token. The user’s original assets serve as collateral when the Bunny protocol borrows assets on the Binance Smart Chain for yield farming. This allows users to keep assets on native blockchains while giving them liquidity to generate returns on the Binance Smart Chain.

In statement, Wei Zhou, Binance chief financial officer, and head of Binance Labs and M&A’s, said “Pancake Bunny’s growth and MOUND’s commitent to execution are impressive. Team MOUND’s expertise in live product design and servie was a key factor in our decision to invest. We look forward to expanding the horizons of Defi together with MOUND.”

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Battery Resourcers raises $20M to commercialize its recycling-plus-manufacturing operations

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As a greater share of the transportation market becomes electrified, companies have started to grapple with how to dispose of the thousands of tons of used electric vehicle batteries that are expected to come off the roads by the end of the decade.

Battery Resourcers proposes a seemingly simple solution: recycle them. But the company doesn’t stop there. It’s engineered a “closed loop” process to turn that recycled material into nickel-manganese-cobalt cathodes to sell back to battery manufacturers. It is also developing a process to recover and purify graphite, a material used in anodes, to battery-grade.

Battery Resourcers’ business model has attracted another round of investor attention, this time with a $20 million Series B equity round led by Orbia Ventures, with injections from At One Ventures, TDK Ventures, TRUMPF Venture, Doral Energy-Tech Ventures and InMotion Ventures. Battery Resourcers CEO Mike O’Kronley declined to disclose the company’s new valuation.

The cathode and anode, along with the electrolyzer, are major components of battery architecture, and O’Kronley told TechCrunch it is this recycling-plus-manufacturing process that distinguishes the company from other recyclers.

“When we say that we’re on the verge of revolutionizing this industry, what we are doing is we are making the cathode active material — we’re not just recovering the metals that are in the battery, which a lot of other recyclers are doing,” he said. “We’re recovering those materials, and formulating brand new cathode active material, and also recovering and purifying the graphite active material. So those two active materials will be sold to a battery manufacturer and go right back into the new battery.”

“Other recycling companies, they’re focused on recovering just the metals that are in [batteries]: there’s copper, there’s aluminum, there’s nickel, there’s cobalt. They’re focused on recovering those metals and selling them back as commodities into whatever industry needs those metals,” he added. “And they may or may not go back into a battery.”

The company says its approach could reduce the battery industry’s reliance on mined metals — a reliance that’s only anticipated to grow in the coming decades. A study published last December found that demand for cobalt could increase by a factor of 17 and nickel by a factor of 28, depending on the size of EV uptake and advances in battery chemistries.

Thus far, the company’s been operating a demonstration-scale facility in Worcester, Massachusetts, and has expanded into a facility in Novi, Michigan, where it does analytical testing and material characterization. Between the two sites, the company can make around 15 tons of cathode materials a year. This latest funding round will help facilitate the development of a commercial-scale facility, which Battery Resourcers said in a statement will boost its capacity to process 10,000 tons of batteries per year, or batteries from around 20,000 EVs.

Another major piece of its proprietary recycling process is the ability to take in both old and new EV batteries, process them and formulate the newest kind of cathodes used in today’s batteries. “So they can take in 10-year-old batteries from a Chevy Volt and reformulate the metals to make the high-Ni cathode active materials in use today,” a company spokesman explained to TechCrunch.

Battery Resourcers is already receiving inquiries from automakers and consumer electronics companies, O’Kronley said, though he did not provide additional details. But InMotion Ventures, the venture capital arm of Jaguar Land Rover, said in a statement its participation in the round as a “significant investment.”

“[Battery Resourcers’] proprietary end-to-end recycling process supports Jaguar Land Rover’s journey to become a net zero carbon business by 2039,” InMotion managing director Sebastian Peck said.

Battery Resourcers was founded in 2015 after being spun out from Massachusetts’ Worcester Polytechnic Institute. The company has previously received support from the National Science Foundation and the U.S. Advanced Battery Consortium, a collaboration between General Motors, Ford Motor Company and Fiat Chrysler Automobiles.

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