This is insane. Line Up New drone footage shows that Saudi Arabia has begun excavating for its giant, 100-mile-long skyscraper development — an outlandish and highly controversial megacity in the middle of the desert. As architecture magazine Dezeen reports, engineers broke ground on the development dubbed NEOM, which is slated to be built in a… Continue reading Saudi Arabia Begins Construction of 100 Mile Skyscraper
Category: News Type
Automotive Heat Shield Global Market Report 2022: Increasing Emphasis on Light-Weighting & Fuel Economy Criteria the Primary Factor Driving Growth
DUBLIN, Oct. 21, 2022 /PRNewswire/ — The “Automotive Heat Shield Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 To 2030” report has been added to ResearchAndMarkets.com’s offering. The market for automotive heat shields reached 11.8 billion US dollars in 2020, and it is anticipated to grow… Continue reading Automotive Heat Shield Global Market Report 2022: Increasing Emphasis on Light-Weighting & Fuel Economy Criteria the Primary Factor Driving Growth
Traffic Management Global Market Report 2022: Evolving 5G to Transform Traffic Management Market
DUBLIN, Oct. 21, 2022 /PRNewswire/ — The “Traffic Management Market by Component, System (Urban Traffic Management, Adaptive Traffic Control, Journey Time Management, Predictive Traffic Modeling, Incident Detection & Location, and Dynamic Traffic Management), & Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. The global traffic management market size is projected… Continue reading Traffic Management Global Market Report 2022: Evolving 5G to Transform Traffic Management Market
Exclusive: New EV maker Fisker Inc in talks for platform sharing, expects India to become its bigger of the tech development bases outside USA
Fisker Inc.’s Hyderabad-based tech centre has already started delivering software for the Ocean SUV. Mumbai: Elon Musk is yet to embark on his India project for the manufacturing of Tesla’s world-leading electric cars here. But, the new entrant to the global electric vehicle (EV) market, Henrik Fisker, and his California-based Fisker Inc, which will roll… Continue reading Exclusive: New EV maker Fisker Inc in talks for platform sharing, expects India to become its bigger of the tech development bases outside USA
Financial Report July – September 2022
Stockholm, Sweden, July 22, 2022(NYSE: ALV and SSE: ALIV.sdb) Q3 2022: Actions yielding results Financial highlights Q3 2022$2,302 net sales 25% net sales increase32% organic sales increase*7.4% operating margin7.5% adjusted operating margin*$1.21 EPS – 78% increase$1.23 adjusted EPS* – 68% increase Full year 2022 indicationsAround 15% organic sales growthAround 6% negative FX effect on net salesUpper end… Continue reading Financial Report July – September 2022
‘Automotive lightweighting is nothing but rightweighting’
As environmental legislation becomes more stringent around the world, light weighting metal is a critical component that will allow original equipment manufacturers (OEMs) in the automotive sector to continue and meet emission targets. The desire for lighter cars directly affects weight and fuel consumption, improving mileage and lowering CO2 emissions. This was the view of… Continue reading ‘Automotive lightweighting is nothing but rightweighting’
Chinese battery giant CATL’s profit jumps as it ramps up output
SHANGHAI (Reuters) — China’s CATL 300750.SZ, the world’s largest electric vehicle (EV) battery maker, said on Friday its third-quarter profit nearly tripled year-on-year, buoyed by rapid expansion in production to power the growth of EVs worldwide. CATL, whose clients include Tesla TSLA.O, Volkswagen VOWG.DE and BMW BMWG.DE, booked a net profit of 9.4 billion yuan… Continue reading Chinese battery giant CATL’s profit jumps as it ramps up output
Toyota to fall short of annual production plan amid chip shortage
NAGOYA — Toyota Motor announced on Friday that its global production volume for the fiscal year ending March 2023 will be lower than its planned 9.7 million units due to semiconductor shortages. The company is now examining the specific number of units it will produce. It produced 8.18 million units in the fiscal year ending… Continue reading Toyota to fall short of annual production plan amid chip shortage
TrueCar+ Launches Accessories Menu
SANTA MONICA, Calif., Oct. 21, 2022 /PRNewswire/ — TrueCar, Inc. (NASDAQ: TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, has launched an expansive accessories menu as part of TrueCar+, the company’s online car buying platform that is currently live in Florida. The accessories menu features more… Continue reading TrueCar+ Launches Accessories Menu
Saudi Arabia Autonomous Vehicle Markets, Competition, Forecast & Opportunities, 2027: Favorable Government Policies and High-end Investments by Key Market Players
DUBLIN, Oct. 21, 2022 /PRNewswire/ — The “Saudi Arabia Autonomous Vehicle Market By Vehicle Type, By Level of Autonomy, By Vehicle Autonomy, By Propulsion, By Region, Competition, Forecast & Opportunities, 2027” report has been added to ResearchAndMarkets.com’s offering. Saudi Arabia autonomous vehicle market is anticipated to witness impressive growth during the forecast period, 2023-2027 Factors such… Continue reading Saudi Arabia Autonomous Vehicle Markets, Competition, Forecast & Opportunities, 2027: Favorable Government Policies and High-end Investments by Key Market Players