@Honda: Honda Announces the Establishment of Striemo Inc.

TOKYO, Japan, June 13, 2022 – Honda Motor Co., Ltd. today announced the establishment of Striemo Inc., the second business venture to originate from IGNITION, Honda’s new business creation program.  Striemo Inc. has been developing a one-person, three-wheeled electric micro-mobility product, also named “Striemo,” which features an original balance assist mechanism that enables stable riding… Continue reading @Honda: Honda Announces the Establishment of Striemo Inc.

@Honda: Honda Announces the Establishment of Striemo Inc., a Startup Originated from IGNITION, a Honda New Business Creation Program

TOKYO, Japan, June 13, 2022 – Honda Motor Co., Ltd. today announced the establishment of Striemo Inc., the second business venture to originate from IGNITION, Honda’s new business creation program. Striemo Inc. has been developing a one-person, three-wheeled electric micro-mobility product, also named “Striemo,” which features an original balance assist mechanism that enables stable riding… Continue reading @Honda: Honda Announces the Establishment of Striemo Inc., a Startup Originated from IGNITION, a Honda New Business Creation Program

Automotive Diagnostic Scan Tools Market to hit $60 Bn by 2030, Says Global Market Insights Inc.

The automotive diagnostic scan tools market for passenger vehicles segment is predicted to observe 5% CAGR through 2030. The increasing sales of luxury vehicles will drive the number of operational passenger vehicles across the world. The rapid rise in passenger vehicle sales is generating a strong demand for automotive diagnostic scan tools and strict fuel regulations… Continue reading Automotive Diagnostic Scan Tools Market to hit $60 Bn by 2030, Says Global Market Insights Inc.

Worried About the Drone Invasion? NovoQuad Provides Anti-Drone Solutions.

WILMINGTON, Del., June 13, 2022 /PRNewswire/ — A drone, also named an Unmanned Aerial Vehicle (UAV), is an unpiloted aircraft controlled by a drone flyer to perform specific missions and tasks. Nowadays, drones play an essential role in many industries. Nevertheless, while bringing the convenience of high-tech life, drones also cause a lot of security… Continue reading Worried About the Drone Invasion? NovoQuad Provides Anti-Drone Solutions.

ULBRICHTS Protection makes true head protection for soldiers

In contrast to police forces, soldiers have to wear their helmets for much longer stretches at a time. As a result, weight has been the main criterion up to now when selecting combat helmets made mostly out of aramid. Although these are very light and offer good protection against fragments, they display fatal weaknesses in… Continue reading ULBRICHTS Protection makes true head protection for soldiers

EV maker Electric Last Mile Solutions files for bankruptcy

The EV maker previously laid off about 24% of its staff as it focussed on its core business. U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) said on Sunday it is planning to file for Chapter 7 bankruptcy, after a review of its products and commercialization plans. The move comes after the… Continue reading EV maker Electric Last Mile Solutions files for bankruptcy

Tata companies well-capitalised, focus on future growth business: N Chandrasekaran

Air India is a hugely important business and not just a pure emotional investment. We will do all we can to make it work, says N Chandrasekaran. Tata Sons infused over Rs 80,000 crore and made additional secondary market purchases of around Rs 10,000 crore in group companies in the past five years to strengthen… Continue reading Tata companies well-capitalised, focus on future growth business: N Chandrasekaran

Differentiation in EVs will be through software, says Amitabh Saran of Reliance backed Altigreen

Like so many startups in the industry, Altigreen wants to cash in on the reluctance of legacy automakers to electrify their portfolio. It was in 2011 when a 44 year old Amitabh Saran while playing golf with his friends in Delhi, whined about the high price of hybrid cars in India. Only a few months… Continue reading Differentiation in EVs will be through software, says Amitabh Saran of Reliance backed Altigreen

Impact of strike by South Korean truckers on autos, steel, others

Thousands of South Korean truckers were on strike for the seventh day on Monday, protesting over pay as fuel costs surge, disrupting production, slowing port operations and posing new risks to a strained global supply chain. Following are details of the disruption, lost production and reactions from union officials and businesses.AUTOS Production at Hyundai Motor… Continue reading Impact of strike by South Korean truckers on autos, steel, others

European bike insurance safety net Qover extends to the Nordics

“By adding these 4 key countries to our growing list, Qover is now providing easy access to bike insurance in 12 countries, ensuring customers are covered when they need it most – so that they can live their lives to the fullest through the brands they love,” explained Parker Crockford, Chief Revenue Officer at Qover.… Continue reading European bike insurance safety net Qover extends to the Nordics