Volkswagen has set up a new spinout, called Moia, that will focus on urban mobility solutions.
Car manufacturer Volkswagen Group (VW) launched a new spinout today dubbed Moia, a Germany-based company that will develop technologies to tackle challenges around urban mobility, according to TechCrunch.
Moia has received an investment of several “hundreds of thousands” of dollars from VW and has so far hired 50 staff. The company will be headed by chief executive Ole Harms, who previously served as executive director and head of new business and mobility services at VW.
Moia will focus on mobility…
