Asia-Pacific Leads in H2 Stations Deployment FALLS CHURCH, Va., May 25, 2022 /PRNewswire/ — As the sales of hydrogen fuel cell vehicles accelerate, the deployment of fueling stations for these vehicles is poised to generate $9 billion in revenue by 2036, according to study released by Information Trends. The biggest chunk of the revenue will… Continue reading H2 Fueling Station Market to Generate $9 Billion Over 15 Years
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Outrageous Gas Prices Fuel Demand for Electric Vehicles
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, May 25, 2022 /PRNewswire/ — Gas prices continue to test record highs, surpassing $4 per gallon in the US and $2 per liter across Canada for the first time, which is fueling rampant demand for electric vehicles across North America. For perspective, sales of plug-in electric vehicles… Continue reading Outrageous Gas Prices Fuel Demand for Electric Vehicles
JL Audio Sponsors 2022 Nautique Masters Water Ski and Wakeboard Tournament
Encompassing everything the brand’s marine product line stands for, JL Audio will be front and center as Nautique boats featuring JL Audio systems power the event’s music experience PINE MOUNTAIN, Ga. and MIRAMAR, Fla., May 25, 2022 /PRNewswire/ — JL Audio, manufactures of premium, high performance marine audio solutions, today announces its sponsorship of the 62nd… Continue reading JL Audio Sponsors 2022 Nautique Masters Water Ski and Wakeboard Tournament
ABB acquires controlling stake in India’s Numocity
Representative Image New Delhi: Global technology company ABB today announced that its E-mobility division acquired a controlling stake in Numocity, a digital platform for electric vehicle charging in India. ABB will increase its shareholding to a controlling majority of 72% and has the right to become sole owner by 2026, a company statement said. However,… Continue reading ABB acquires controlling stake in India’s Numocity
India, Korea must discuss bilateral cooperation on EVs: Ambassador Jae-bok
South Korean Ambassador to India Chang Jae-bok on Wednesday said it is crucial for both nations to discuss the prospects and potential of bilateral cooperation in the electric vehicle industry as it is undergoing a historical transition. Pointing out that internal combustion engine regulations are becoming stricter, reflecting the willingness to phase out such engines… Continue reading India, Korea must discuss bilateral cooperation on EVs: Ambassador Jae-bok
OPINION: Future of decarbonised solutions in India
India is among the world’s biggest carbon dioxide emitters, behind China and the United States. The per capita emissions in the country rose from 0.39 metric tons in 1970 to a high of 1.87 metric tons in 2019. While the power sector in India is the highest emitter of greenhouse gases in the country, this… Continue reading OPINION: Future of decarbonised solutions in India
Autopromotec 2022 kicks off in Bologna
The 29th edition of the Autopromotec, the biennial five-day international exhibition of automotive equipment and aftermarket products, has kicked off from May 25 and will continue till May 28 at the Bologna Trade Fair District. 90 delegates from over 30 high-potential markets in various continents will be landing in Bologna. Autopromotec 2022, which is Europe’s key trade show focusing on… Continue reading Autopromotec 2022 kicks off in Bologna
KPIT inks pact with UK-based vehicle diagnostics firm
KPIT Technologies, a leading software provider for the automotive and mobility ecosystem has announced its partnership with SOMIT solutions, a UK cloud-based vehicle diagnostics specialist. Given the shortage of trained and certified service technicians due to rapidly evolving software-centric architectures, high-tech automotive engineering, and an increase in vehicle complexity, SOMIT ‘s cloud-based vehicle diagnostics platform… Continue reading KPIT inks pact with UK-based vehicle diagnostics firm
Pumpumpum bets big big on leased vehicles
Gurugram-based Pumpumpum, a platform for leasing vehicles plans is targeting 2,500 cars by the end of the current fiscal, and around 30,000 cars over the next three years. In fiscal 2022, the company was able to lease 500 cars. While the concept of buying a vehicle on lease rather than owning it has yet to… Continue reading Pumpumpum bets big big on leased vehicles
Steel price reprieve for automakers
The government’s decision to raise duties will curb exports significantly, leading to further price corrections in the domestic market. (pic is representational) Steel prices are expected to fall by an estimated Rs 10,000 per tonne in the forthcoming weeks following the reduction in import duty on some key raw materials used in its manufacturing. A moderation… Continue reading Steel price reprieve for automakers