IGEN announces Net Profit for Second Quarter 2022 “Positioned for continued growth across consumer and commercial brands” LAKE ELSINORE, CA, Aug. 5, 2022 /PRNewswire/ — IGEN Networks Corporation (OTC: IGEN) (CSE: IGN), a leading innovator of Internet of Things (IoT) solutions for the consumer automotive and commercial fleet industries, today announced unaudited financial results for… Continue reading IGEN announces Net Profit for Second Quarter 2022
Category: Automotive
China Automotive Systems to Announce Unaudited 2022 Second Quarter Financial Results on August 12, 2022
WUHAN, China, Aug. 5, 2022 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2022, on Friday, August 12, 2022, before the market opens. Management will… Continue reading China Automotive Systems to Announce Unaudited 2022 Second Quarter Financial Results on August 12, 2022
Analysts see policy rate crossing 6% this fiscal
Now, the repo rate is at 5.40 per cent, which is above the pre-pandemic level. The key rate was at 5.15 per cent in February 2020. Economists and analysts expect the Reserve Bank‘s monetary policy committee to continue with rate hikes till the policy rate reaches the neutral rate of 6-6.5 per cent by the… Continue reading Analysts see policy rate crossing 6% this fiscal
Ohmium and Spirare Energy collaborate with NTPC for green hydrogen
Spirare Energy will manage the engineering, procurement and construction (EPC) of the project while Ohmium will provide the hydrogen electrolyzers to Spirare. Ohmium International, Inc., a green hydrogen company that designs, manufactures, and deploys polymer electrolyte membrane (PEM) electrolyzers, is collaborating with Spirare Energy, a leading provider of on-site energy generation systems, to generate green… Continue reading Ohmium and Spirare Energy collaborate with NTPC for green hydrogen
Led by auto and farm sectors M&M Q1 FY23 profit jumps to INR 2,196 cr
New Delhi: Mahindra & Mahindra (M&M) on Friday reported a growth of 418% in its consolidated profit (after exceptional items) to INR 2,195.54 crore in the first quarter of the current fiscal year, as against a profit of INR 423.88 crore in the corresponding period of last fiscal. During April-June 2022, Mahindra’s consolidated revenue from… Continue reading Led by auto and farm sectors M&M Q1 FY23 profit jumps to INR 2,196 cr
VECV unveils new inter-city bus range
VE Commercial Vehicles unveiled the next-gen Volvo and Eicher intercity buses at Prawaas 3.0. The event which is in its third edition is ongoing in Hyderabad. The buses on display include the newly-launched Volvo 9600 15m and 13.5m intercity coaches, which have been inspired by award-winning European designs, and the Eicher 13.5m intercity bus. As… Continue reading VECV unveils new inter-city bus range
Telecom companies have key role in India’s EV story
Amit Sathpathy, EVP, Head-IoT, Vodafone Idea Telecom companies are an integral part of the electric vehicle revolution, setting the foundation for timely information extraction, transmission, and scheduling including charging, health monitoring, battery management, etc. Having global expertise in the connected car solutions and automotive space, companies such as Vodafone Idea are facilitating several functions across… Continue reading Telecom companies have key role in India’s EV story
M&M’s PAT up 67 percent in Q1
Mahindra & Mahindra delivered its the highest ever quarterly sales volumes with 74 percent growth selling 1,49,803 vehicles in the quarter under review, as compared to 85,858 vehicles in the year-ago period, The farm-to-SUV automaker clocked 75,500 units for its SUVs and 46,000 units for its pik-ups claiming an overall higher operating profit margin of… Continue reading M&M’s PAT up 67 percent in Q1
@Ford: Lincoln and Shinola Team Up to Design Lincoln 100th Anniversary Timepieces
DETROIT, Mich., Aug. 5, 2022 – Two Detroit-based brands, both with a passion for design, are once again teaming up to create two timepieces – a testament to both brands’ craftsmanship and attention to detail, marking Lincoln’s centennial celebration. This collaboration builds off the success of last year’s Aviator Shinola® Concept. The Shinola Runwell® styles… Continue reading @Ford: Lincoln and Shinola Team Up to Design Lincoln 100th Anniversary Timepieces
@BMW: Technical innovations for the win at the racetrack: BMW Motorrad Motorsport and partner ZF.002180
Munich. Technological collaboration is an important component of success at the racetrack. A perfect example of this is BMW Motorrad Motorsport and ZF’s partnership in the FIM Endurance World Championship (FIM EWC). As of this season they are working together on developing new spring damper elements for the #37 BMW M 1000 RR of BMW… Continue reading @BMW: Technical innovations for the win at the racetrack: BMW Motorrad Motorsport and partner ZF.002180