Hydraulic Hose and Fittings Market to Expand by USD 518.8 Million from 2024-2028, Driven by Agricultural Mechanization and Machinery Growth, AI’s Impact on Market Landscape Explored – Technavio Report

NEW YORK, Aug. 27, 2024 /PRNewswire/ — The global hydraulic hose and fittings market size is estimated to grow by USD 518.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 4.36% during the forecast period. Mechanization of agriculture and growth in agriculture machinery industry is driving market growth, with… Continue reading Hydraulic Hose and Fittings Market to Expand by USD 518.8 Million from 2024-2028, Driven by Agricultural Mechanization and Machinery Growth, AI’s Impact on Market Landscape Explored – Technavio Report

Xpeng releases mass-market EV with basic driver-assist for less than $20,000

Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Xpeng on Tuesday announced that its mass-market brand Mona will start selling some models for less than $17,000. The basic version of the… Continue reading Xpeng releases mass-market EV with basic driver-assist for less than $20,000

Why BMW is unwilling to put all eggs in the EV basket

The recent global slowdown in the uptake of EVs has made several carmakers reassess their ambitious EV sales targets, and instead, announce new plans for hybrids and more efficient ICE models. This, however, doesn’t help with the optimisation of costs as carmakers who have made large investments for born-electric vehicle architectures now have to split… Continue reading Why BMW is unwilling to put all eggs in the EV basket

VECV to supply 500 Eicher Pro 6055 LNG trucks to Baidyanath LNG

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has signed an MOU for the deployment of 500 Eicher Pro 6055 LNG trucks with Baidyanath LNG. Union Minister of Road Transport and Highways, Nitin Gadkari flagged off Eicher Pro 6055 LNG trucks during the inauguration of the B-LNG station in Nagpur.… Continue reading VECV to supply 500 Eicher Pro 6055 LNG trucks to Baidyanath LNG

Ramkrishna Forgings wins Dana supplier award

Dana, the Ohio-based energy management solutions company, has announced its 2023 Supplier Awards recipients. Eight companies representing five countries have been recognised for displaying excellence in supporting Dana’s strategy. India’s Ramkrishna Forgings is one of the winners. This is yet another growing recognition of the global standard of made-in-India automotive components. Earlier this year, Sona Comstar… Continue reading Ramkrishna Forgings wins Dana supplier award

Tesla ramps up NACS adapter production to 8,000/week amid slow Supercharger opening

Tesla has ramped up NACS adapter production to 8,000 units per week as the opening of the Supercharger network to other automakers has greatly slowed down. In a surprising but welcomed series of events over the last two years, Tesla opened its charge connector and managed to convince the auto industry to make it the… Continue reading Tesla ramps up NACS adapter production to 8,000/week amid slow Supercharger opening

China EV Maker’s Tepid Reply to EU Proves Costly in Tariff Spat

(Bloomberg) — SAIC Motor Corp.’s harsh treatment by European Union negotiators is becoming a cautionary tale of Chinese companies being ill-equipped to operate in Western business and political domains. Most Read from Bloomberg Of the three Chinese automakers singled out by the EU, SAIC has been subjected to an extra 36.3% tariff on the EVs… Continue reading China EV Maker’s Tepid Reply to EU Proves Costly in Tariff Spat

China EV Maker’s Tepid Reply to EU Proves Costly in Tariff Spat

(Bloomberg) — SAIC Motor Corp.’s harsh treatment by European Union negotiators is becoming a cautionary tale of Chinese companies being ill-equipped to operate in Western business and political domains. Most Read from Bloomberg Of the three Chinese automakers singled out by the EU, SAIC has been subjected to an extra 36.3% tariff on the EVs… Continue reading China EV Maker’s Tepid Reply to EU Proves Costly in Tariff Spat

Clean Technica: EV Revolution News — BMW Outsells Tesla, Canadians Want Chinese Electric Cars, Mercedes PHEV003564

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Those celebrating the news that sales of electric cars are slowing somewhat might want to take a step back and see the big picture. An apt analogy might be the flat screen TV phenomenon. The first of them were… Continue reading Clean Technica: EV Revolution News — BMW Outsells Tesla, Canadians Want Chinese Electric Cars, Mercedes PHEV003564