Data Vantage: Southeast Asia’s startups report profit, new funding rounds

A dozen Singapore-registered tech startups managed to record a positive bottom line despite a challenging market environment last year, according to the latest financial filings reviewed by DealStreetAsia – DATA VANTAGE. One of them is e-commerce enabler AnyMind Group Pte Ltd. The company managed to double its revenue for the financial year ended Dec 31,… Continue reading Data Vantage: Southeast Asia’s startups report profit, new funding rounds

Average electric car price hit $66,000 in the US, but that’s not the whole story

The average electric car price in the United States hit $66,000 last month – a more than 13% increase year over year. That’s a bit disappointing since the promise has been that EV prices would come down, but this price increase isn’t the whole story. One of the biggest complaints about electric vehicles remains their… Continue reading Average electric car price hit $66,000 in the US, but that’s not the whole story

Automotive Image Sensors Market to record USD 4.22 Bn growth — Technavio identifies APAC as a key market

The market is fragmented and is characterized by the presence of a few large-, medium-, and small-scale manufacturers. The market includes companies of varying sizes. While some companies are more specialized in terms of commodities, others have larger financial resources. Most large and established manufacturers sell and distribute their offerings to customers across the world,… Continue reading Automotive Image Sensors Market to record USD 4.22 Bn growth — Technavio identifies APAC as a key market

Automotive Keyless Entry System Market to Reach $5.36 Billion, Globally, by 2031 at 12.8% CAGR: Allied Market Research

Increase in product development to cater to the changing demand patterns and use of smart technology for vehicle safety and improved convenience drive the global automotive keyless entry system market. PORTLAND, Ore., July 25, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Automotive Keyless Entry System Market by Sales Channel (OEM and Aftermarket),… Continue reading Automotive Keyless Entry System Market to Reach $5.36 Billion, Globally, by 2031 at 12.8% CAGR: Allied Market Research

NaaS Technology Partners with NavInfo’s Subsidiary Ohways to Jointly Develop a New Smart Charging Ecosystem

BEIJING, July 25, 2022 /PRNewswire/ — NaaS Technology Inc. (NASDAQ: NAAS, “NaaS” or “the Company”), a leading electric vehicle (EV) charging service provider in China, and NavInfo’s smart charging integration solutions subsidiary Ohways recently signed an agreement where both parties will integrate their abundant resources and strong capabilities in smart EV mobility and charging services,… Continue reading NaaS Technology Partners with NavInfo’s Subsidiary Ohways to Jointly Develop a New Smart Charging Ecosystem

Thermal Systems Market worth $41.7 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO  , July 25, 2022 /PRNewswire/ — Thermal Systems Market is projected to grow at a CAGR of 2.1% during the forecast period, from an estimated USD 37.6 billion in 2022 to USD 41.7 billion by 2027, according to a new report by MarketsandMarkets™. Growing stringency of emission regulations for on-highway & off-highway vehicles and rising demand for cabin… Continue reading Thermal Systems Market worth $41.7 billion by 2027 – Exclusive Report by MarketsandMarkets™

KARMA AUTOMOTIVE HONORS LATE CHAIRMAN LU GUANQIU, WITH GS-6 SPECIAL EDITION, AS HE IS INDUCTED INTO THE AUTOMOTIVE HALL OF FAME

Chairman Lu Guanqiu was a passionate entrepreneur, known as a humble and honest man who was dedicated to his dream of making cars. In 2014 he acquired Karma Automotive, manufacturer of luxury electric vehicles with headquarters in Southern California. During the Automotive Hall of Fame ceremony, Chairman Lu Guanqiu was represented by his son President… Continue reading KARMA AUTOMOTIVE HONORS LATE CHAIRMAN LU GUANQIU, WITH GS-6 SPECIAL EDITION, AS HE IS INDUCTED INTO THE AUTOMOTIVE HALL OF FAME