Category: Automotive

Family Entertainment Centre Market: 36% of Growth to Originate from North America, Arcade Studios Segment to be Significant for Revenue Generation – Technavio

NEW YORK, Aug. 9, 2022 /PRNewswire/ — The family entertainment center market estimates a market value of USD 21.05 billion from 2021 to 2026 as per the latest market report by Technavio. In addition, the report projects the market to progress at a CAGR of  12.29%. 36% of the market’s growth will originate from North America during… Continue reading Family Entertainment Centre Market: 36% of Growth to Originate from North America, Arcade Studios Segment to be Significant for Revenue Generation – Technavio

Cyrusher E-Bikes Localize Logistics and Installation Services in France to Solve the “Last Mile” Problem

SHENZHEN, China, Aug. 9, 2022 /PRNewswire/ — Broadly speaking, the “last mile” of a product’s journey to the customer refers to logistics, installation, and after-sales service. Cyrusher Electric Bikes offers a direct local delivery and installation service in France to solve this problem and give customers a higher quality product delivery. This service model is provided… Continue reading Cyrusher E-Bikes Localize Logistics and Installation Services in France to Solve the “Last Mile” Problem

BRP TO ACQUIRE THE SHAWINIGAN OPERATIONS OF KONGSBERG INC., A LEADER IN ELECTRONIC AND MECHATRONIC COMPONENTS

VALCOURT, QC, Aug. 9, 2022 /PRNewswire/ – BRP Inc. (TSX: DOO) (NASDAQ: DOOO) announced today that it has entered into a definitive agreement with Kongsberg Automotive ASA and its subsidiary Kongsberg Inc. (henceforth referred to as KA) to acquire substantially all the assets related to its powersports business located in Shawinigan, Quebec (“KA Shawinigan“). As a… Continue reading BRP TO ACQUIRE THE SHAWINIGAN OPERATIONS OF KONGSBERG INC., A LEADER IN ELECTRONIC AND MECHATRONIC COMPONENTS

PM Modi to dedicate to nation 2G ethanol plant in Panipat on Wednesday

PM Narendra Modi New Delhi: Prime Minister Narendra Modi will dedicate to the nation on Wednesday via video conferencing a second generation (2G) ethanol plant built at an estimated cost of Rs 900 crore in Haryana’s Panipat, his office said. The dedication of the plant is part of a long series of steps taken by… Continue reading PM Modi to dedicate to nation 2G ethanol plant in Panipat on Wednesday

USW chief vows to organize clean energy, electric car and retail workers

LAS VEGAS – The head of the United Steelworkers union on Monday vowed to pursue employees in clean energy, electric cars and retail industries as it seeks to adapt to a changing economy and rebuild membership in old-line industries.Thomas Conway, the leader of the USW, told an audience of about 3,500 union members and retirees… Continue reading USW chief vows to organize clean energy, electric car and retail workers

German Handelsblatt: Automotive supplier: Continental with high losses – “The current headwind is hurricane-like”004973

Continental headquarters in Hanover The supplier is deep in the red. (Photo: dpa) The automotive supplier Continental has gone deep into the red due to high costs and numerous special effects. The bottom line is that the Dax group reported a loss of 251 million euros for the second quarter, after a profit of 545… Continue reading German Handelsblatt: Automotive supplier: Continental with high losses – “The current headwind is hurricane-like”004973

Helios and Eta Space Combine Technologies to Extract and Store Liquid Oxygen on the Moon

For the first time, two commercial links in the cislunar value chain come together to integrate their systems, winning the Space Florida-Israel Innovation Partnership Grant TEL AVIV, Israel and ROCKLEDGE, Fla., Aug. 9, 2022 /PRNewswire/ — Two space tech companies, Helios and Eta Space, today announce they are joining forces to solve the problem of oxygen… Continue reading Helios and Eta Space Combine Technologies to Extract and Store Liquid Oxygen on the Moon

Maruti Suzuki targets two-million-units production in FY2023

In FY2022, Maruti Suzuki rolled out 16,22,331 units, up 15% (FY2021: 14,10,774). Q1 FY2023 saw 454,161 units, up 26% (Q1 FY2022: 361,250) Passenger vehicle market leader Maruti Suzuki India plans to increase its production and aims to produce 20 lakh units (2 million units) in the ongoing fiscal year with improving availability of semiconductors. Proof… Continue reading Maruti Suzuki targets two-million-units production in FY2023