Geek+ announces $100 million series E1 financing round with strategic investment from Intel, valued over $2 billion

BEIJING, Aug. 8, 2022 /PRNewswire/ — Geek+, the global leader in autonomous mobile robot technologies, announced it has closed a new, $100 million series E1 funding series, with the company valued at over $2 billion. Investors in the round include Intel Capital, Vertex Growth, and Qingyue Capital Investment. The company will use this funding to accelerate… Continue reading Geek+ announces $100 million series E1 financing round with strategic investment from Intel, valued over $2 billion

@Geely: Kandi Technologies Reports Second Quarter 2022 Financial Results

–  Off-road Vehicles Sales Are Steadily Growing–  Quarter-end cash balance1 increased to $232.5 million JINHUA, China, Aug. 08, 2022 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the second quarter of 2022. Second Quarter Highlights Total revenues of $20.8 million compared to… Continue reading @Geely: Kandi Technologies Reports Second Quarter 2022 Financial Results

Rio South Texas’ Intercoastal Waterway: Your Continental Connection

MISSION, Texas, Aug. 8, 2022 /PRNewswire/ — The Gulf Intracoastal Waterway (GIWW) runs around the Gulf of Mexico spanning 1,100 miles from Florida all the way to the Rio South Texas community of Brownsville, Texas, at the southernmost tip of the state. The GIWW is the nation’s third busiest commercial waterway, only trailing the Mississippi… Continue reading Rio South Texas’ Intercoastal Waterway: Your Continental Connection

Global Powersports Market to Reach $131.08 Billion by 2028

DUBLIN, Aug. 8, 2022 /PRNewswire/ — The “Global Powersports Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Type” report has been added to ResearchAndMarkets.com’s offering. The global powersports market is expected to grow from US$ 93,703.64 million in 2021 to US$ 131,083.20 million by 2028; it is estimated to grow at a CAGR… Continue reading Global Powersports Market to Reach $131.08 Billion by 2028

Global Deep Sea Freight Market Sourcing and Procurement Market to Witness Nearly USD 8.84 Billion Growth by 2026| SpendEdge

NEW YORK, Aug. 8, 2022 /PRNewswire/ — The Deep Sea Freight Market Sourcing and Intelligence Report, provides key information about the market. For instance, the Deep Sea Freight Market will grow at a CAGR of 2.55% by 2026. Key Players in the Deep Sea Freight Market Sourcing and Procurement Market Include: A.P. Moller – Maersk… Continue reading Global Deep Sea Freight Market Sourcing and Procurement Market to Witness Nearly USD 8.84 Billion Growth by 2026| SpendEdge

Tesla (TSLA) secures deal for $5 billion worth of nickel in Indonesia, says official

Tesla has reportedly agreed to a deal with the Indonesian government that will secure the automaker about $5 billion worth of nickel, according to a government official. In 2020, we reported on Tesla allegedly being in talks with the Indonesian government to build a new nickel venture in the country, which has a strong nickel reserve –… Continue reading Tesla (TSLA) secures deal for $5 billion worth of nickel in Indonesia, says official

German Manager Magazin: Baidu: Tech company allowed to use robotic taxis without safety drivers in China001961

The Chinese technology giant Baidu was the first company in the People’s Republic to receive the green light to operate fully autonomous robotic taxis on public roads. The licenses are effective immediately in the two Chinese metropolises of Chongqing and Wuhan Googlecompetitor announced on Monday. Robotaxis could now operate there without additional safety drivers. This… Continue reading German Manager Magazin: Baidu: Tech company allowed to use robotic taxis without safety drivers in China001961

Global Shipping Container Market to Reach $18.24 Billion by 2027

DUBLIN, Aug. 8, 2022 /PRNewswire/ — The “Shipping Container Market Research Report by Type (Car Carriers, Cargo Storage Roll Container, and Dry Storage Container), Size, Transport Mode, End Use, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19″ report has been added to ResearchAndMarkets.com’s offering. The… Continue reading Global Shipping Container Market to Reach $18.24 Billion by 2027