Automotive On-board Diagnostics (OBD) Market: Driver The adoption of UBI using OBD as a measurement parameter is driving the growth of the automotive on-board diagnostics (OBD) market. The automotive insurance industry is expected to grow with the rise in vehicle production globally. With the increase in complexity of vehicles, automotive insurance providers are exploring options… Continue reading Automotive On-Board Diagnostics Market Size to Grow by USD 34.83 billion | 36% of the growth to originate from APAC| Technavio
Category: Automotive
Polestar’s first electric SUV will officially debut in October 2022
The Polestar 3, the aptly named third vehicle from the electric performance marque, will have its official reveal in October 2022, the company announced. It will be Polestar’s first sport utility vehicle and its first made in the US. The Polestar 3 marks Polestar’s attempt to break into the highly competitive and highly lucrative SUV… Continue reading Polestar’s first electric SUV will officially debut in October 2022
Tesla Cybertruck with updated interior and windshield wiper goes on new outing
A Tesla Cybertruck prototype with an updated windshield wiper and new look inside has made a rare new appearance at an official event to launch the Tesla Megapack project at Moss Landing, California. Moss Landing is the site of several major energy storage projects including a giant 730 MWh Tesla Megapack project for PG&E –… Continue reading Tesla Cybertruck with updated interior and windshield wiper goes on new outing
Early signs of a thaw in crypto winter as overall flows turn positive …
As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds, which represent just a slice of the market yet are popular among institutional and retail players alike. Overall flows into such funds turned positive last… Continue reading Early signs of a thaw in crypto winter as overall flows turn positive …
Yankuang Energy offers to buy rest of Yancoal Australia as $1.8b offer fails
China’s Yankuang Energy said on Tuesday that it was open to negotiations to buy the remaining shares in its majority-owned unit Yancoal Australia, after the Australian coal firm rejected a $1.8-billion offer. Yankuang, which owns 62.26% of Yancoal‘s shares, said last month that it was considering offering Yancoal shareholders $3.60 per share in convertible bonds for the remaining 498.2 million shares not held by the company,… Continue reading Yankuang Energy offers to buy rest of Yancoal Australia as $1.8b offer fails
Citigroup to hire 3,000 employees in Asia institutional banking push
Citigroup Inc plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its focus in a fast-growing region where it has exited consumer banking in most markets, its Asia Pacific chief executive said. The previously unreported staff expansion plans underline Citi’s ambition to make institutional banking and wealth… Continue reading Citigroup to hire 3,000 employees in Asia institutional banking push
SG-based Envision Digital scores $210m in round backed by Sequoia, GIC
Envision Digital, a Singapore-headquartered AI and Internet technologies software provider, has announced raising $210 million in a Series A funding round anchored by Sequoia China and backed by GIC. The firm, which is a part of Chinese renewable energy-focused Envision Group, said in a statement on Tuesday that the fresh capital will help it accelerate… Continue reading SG-based Envision Digital scores $210m in round backed by Sequoia, GIC
German Manager Magazin: Twitter: Will Elon Musk scrap the deal?001823
tech billionaire Elon Musk (50) is stepping up its efforts to find its way out of the acquisition deal Twitter keep open. In a letter published on Monday by his lawyers to Twitter’s chief lawyer Vijaya Gadde (48), it said that the company refused to provide him with data for his own research on the… Continue reading German Manager Magazin: Twitter: Will Elon Musk scrap the deal?001823
German Handelsblatt: Auto industry: No future for combustion engines: ZF converts largest transmission plant to electric004418
ZF is on the way to becoming an electrical supplier ZF CEO Wolf-Henning Scheider: Germany’s large transmission specialist must switch to electromobility. (Photo: Reuters) The southern German automotive supplier ZF Friedrichshafen is accelerating the farewell to the combustion engine and wants to turn to electromobility more quickly. “We are in talks about the production of… Continue reading German Handelsblatt: Auto industry: No future for combustion engines: ZF converts largest transmission plant to electric004418
D-Fend Solutions Wins 2022 Gold Globee® Disruptor Company, Disruptor Product, and Grand Trophy Awards in Aerospace & Defense
Leading Cyber C-UAS provider and its Counter-Drone solution, EnforceAir recognized as having “created a technology protecting scenarios from modern drone safety threats” RA’ANANA, Israel and MCLEAN, Va. , June 7, 2022 /PRNewswire/ — D-Fend Solutions, the leader in counter-drone, radio frequency cyber-based takeover technology, today announced that The Globee® Awards, the organizers of the world’s premier… Continue reading D-Fend Solutions Wins 2022 Gold Globee® Disruptor Company, Disruptor Product, and Grand Trophy Awards in Aerospace & Defense