The Government Accountability Office (GAO) said in a report Thursday that federal agencies had purchased 257 electric vehicles in the 2021 budget year and have just a fraction of EV charging ports agencies will eventually need. The US government has significantly boosted purchases of electric and plug-in hybrid vehicles but faces supply chain hurdles, the… Continue reading US boosts EV purchases, but faces supply chain hurdles
Category: News Type
Terawatt plans electric truck charging stations from LA to El Paso
DETROIT – Terawatt Infrastructure will develop a U.S. network of charging stations for medium and heavy trucks along Interstate 10 between Los Angeles and El Paso, Texas, the electric vehicle charging startup said on Thursday, anticipating a significant increase in electric truck traffic along that largely desert corridor. Terawatt said in September it had raised… Continue reading Terawatt plans electric truck charging stations from LA to El Paso
Odisha transport authority signs MoU with BSNL on vehicle tracking app
Bhubaneswar: The State Transport Authority (STA) in Odisha on Thursday signed an MoU with Bharat Sanchar Nigam Limited (BSNL) for development, management and operation of vehicle location tracking (VLT) application. Under the Nirbhaya scheme for women’s safety, the Central government has made vehicle location tracking system mandatory for public transport vehicles and goods vehicles to… Continue reading Odisha transport authority signs MoU with BSNL on vehicle tracking app
German Handelsblatt: Electromobility: Premiere for the electric challenger – Mercedes EQE SUV to challenge BMW and Audi005450
Ready for anything With the five-seat and 4.86 meter SUV, Mercedes primarily wants to appeal to those customers who were previously interested in the GLE. Once an electric platform has been developed, it usually happens in quick succession until different models are produced on it. The best example is Mercedes. The Stuttgart car manufacturer has… Continue reading German Handelsblatt: Electromobility: Premiere for the electric challenger – Mercedes EQE SUV to challenge BMW and Audi005450
Automotive Remote Keyless Entry System Market to grow by USD 1.13 Bn by 2026, Alps Alpine Co. Ltd, ARCO Lock & Continental AG, and Denso Corp. as key Vendors – Technavio
NEW YORK, Oct. 21, 2022 /PRNewswire/ — Technavio has been monitoring the automotive remote keyless entry system market, operating under the consumer discretionary industry. The report estimates the market to register an incremental growth of USD 1.13 billion, at a CAGR of 12.6% during the forecast period. The major growth will originate from North America by 32%.… Continue reading Automotive Remote Keyless Entry System Market to grow by USD 1.13 Bn by 2026, Alps Alpine Co. Ltd, ARCO Lock & Continental AG, and Denso Corp. as key Vendors – Technavio
Husqvarna Group accelerates its strategic transformation
STOCKHOLM, Oct. 21, 2022 /PRNewswire/ — To further accelerate its strategic transformation, Husqvarna Group is increasing investments into the company’s key sustainable value creation levers: robotic mowers, battery, watering and professional products. The incremental investments will reach SEK 400m per year by 2025. To fund these investments, and to become even more competitive, Husqvarna Group… Continue reading Husqvarna Group accelerates its strategic transformation
GM’s community EV charging program has its first North American dealer
The first General Motors dealership in North America officially installed Level 2 EV chargers Thursday morning as part of GM’s Dealer Community Charging Program. General Motors revealed its Dealer Community Charging Program a year ago, with plans to install up to 40,000 Level 2 chargers across North America. The program is an extension of its… Continue reading GM’s community EV charging program has its first North American dealer
Indonesian solar startup Xurya raises $11.5m more in Series A fundingThe additional funding was in the form of equity and convertible note agreement
Xurya, a Jakarta-based startup that develops rooftop solar panels for businesses and industries in Indonesia, has announced raising additional Series A funding from Mitsui & Co and Surya Semesta Internusa (SSIA). According to ACRA filings accessed by DealStreetAsia – DATA VANTAGE, Xurya raised $6.5 million in additional equity funding and another $5 million in convertible… Continue reading Indonesian solar startup Xurya raises $11.5m more in Series A fundingThe additional funding was in the form of equity and convertible note agreement
China’s YMTC denies report it took part in meetings on US chip restrictionsExperts say the sanctions will pose a major hurdle for China’s domestic chi…
Chinese chip maker Yangtze Memory Technologies Co (YMTC) Ltd denied a media report that it had participated in emergency meetings convened by China’s industry ministry to discuss the impact of U.S. sanctions. The company in a statement late on Thursday described the report as “false and sinister,” adding that the report had damaged its corporate image and would have serious adverse effects on the semiconductor industry environment at… Continue reading China’s YMTC denies report it took part in meetings on US chip restrictionsExperts say the sanctions will pose a major hurdle for China’s domestic chi…
Singapore BNPL players launch code of conduct to protect consumers
The Singapore FinTech Association (SFA) and eight industry players have launched a code of conduct that outlines the best practices to protect consumers in the city-state against over-indebtedness. Among others, the code of conduct states that customers cannot have over S$2,000 in outstanding payments with a “buy now, pay later” (BNPL) provider, unless they pass… Continue reading Singapore BNPL players launch code of conduct to protect consumers