Category: Automotive

Battery swapping to boost EV adoption in last-mile delivery space

Finance Minister Nirmala Sitharaman said the private sector will be encouraged to develop sustainable and innovative business models for ‘Battery or Energy as a Service’. New Delhi: Despite Tesla CEO Elon Musk still not entertaining a bevy of Indian ministers to manufacture its electric cars in the country, the government on Tuesday said it will… Continue reading Battery swapping to boost EV adoption in last-mile delivery space

WE EVOLVE. New Products

The market is changing, and Grupo Antolin is moving forward to maintain our privileged position in the value chain. Integration, electronics, HMI and more More and more customers are asking us to keep moving forward with integration concepts that will accelerate their competitiveness. We’ve been betting on this concept for years, as our Smart Integrator… Continue reading WE EVOLVE. New Products

Nidec Completes the Purchase of Stake in OKK Corporation via Third-Party Share Allocation

KYOTO, Japan, Feb. 01, 2022 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that, based on the resolution made in a meeting of its Board of Directors held on November 18, 2021 (Japan time), the Company has completed the purchase of the shares of OKK Corporation (“OKK”)… Continue reading Nidec Completes the Purchase of Stake in OKK Corporation via Third-Party Share Allocation

Superpedestrian gets $125M to expand tech that corrects unsafe scooter riding

Shared e-scooter company Superpedestrian is gearing up to deploy its Pedestrian Defense safety system at scale, a feature that allows the company’s e-scooters to detect and correct in real time unsafe riding behaviors, like riding on sidewalks or the wrong way down a one-way street. Superpedestrian aims to build and roll out new scooters equipped… Continue reading Superpedestrian gets $125M to expand tech that corrects unsafe scooter riding

AVL Renames North American Division to Reflect Mobility Leadership

“As a company, we have moved well past traditional powertrains and now our name reflects our strength in new technologies,” said Stephan Tarnutzer, President of AVL Mobility Technologies, Inc. “At AVL, we create a better world by driving the trends of tomorrow through our technology leadership in sustainable mobility solutions.” The division renaming also kicks… Continue reading AVL Renames North American Division to Reflect Mobility Leadership

NIO Inc. Provides January 2022 Delivery Update

NIO delivered 9,652 vehicles in January 2022, increasing by 33.6% year-over-year Cumulative deliveries of the ES8, ES6 and EC6 as of January 31, 2022 reached 176,722 SHANGHAI, China, Feb. 01, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market,… Continue reading NIO Inc. Provides January 2022 Delivery Update