Hyundai Motor Group will invest 24 trillion won (~$18 billion) in South Korea’s electric vehicle industry through 2030, the company said Tuesday. The news comes a week after Kia, which falls under the Hyundai umbrella, announced its own 32 trillion won (~$24 billion) investment into electrification and future business areas. Hyundai’s investment plan was revealed… Continue reading Hyundai Motor to invest $18B in South Korea’s EVs by 2030
Tag: Autonomous
Leading Independent Auditor “Greenlights” TuSimple Autonomous Vehicle Testing and Safety Processes
TÜV SÜD acknowledges TuSimple conforms to SAE J3018 guidance for on-road testing of Autonomous Vehicles and SAE Automated Vehicle Safety Consortium’s AVSC00001201911 best practices. TuSimple is the first U.S.-based autonomous trucking company to publicly announce its results and the first to undergo this type of audit with TÜV SÜD. The audit result did not contain… Continue reading Leading Independent Auditor “Greenlights” TuSimple Autonomous Vehicle Testing and Safety Processes
Sensor Fusion Market To Reach USD 6287 Million By 2028 with a CAGR of 10.9%| Valuates Reports
BANGALORE, India, April 11, 2023 /PRNewswire/ — Sensor Fusion Market is segmented by type (Inertial Combo Sensors Type, Radar + Image Sensors Type, Environmental Sensors Type, IMU +GPS Sensors Type, Others), by application (Consumer Electronics, Automotive, Military Application, Environmental Controlling, Robotics, Others) : Global Opportunity Analysis and Industry Forecast, 2021-2028. Due to the COVID-19 pandemic, the global… Continue reading Sensor Fusion Market To Reach USD 6287 Million By 2028 with a CAGR of 10.9%| Valuates Reports
Kia starts building facility for electric purpose-built vehicle (PBV) production
– Dedicated plant for electric purpose-built vehicles (PBV) with yearly capacity of 150,000 units- The plant to mass produce battery-electric PBVs in second half of 2025- Plant to showcase flexible production by adopting smart innovations, such as efficient ‘cell method’ of manufacturing- An innovative factory that pursues low carbon footprint, intelligence, and human-centered principles- Hyundai… Continue reading Kia starts building facility for electric purpose-built vehicle (PBV) production
NWTN Announces ISO Accreditations for its KEZAD Facility in the UAE
DUBAI, UAE, April 11, 2023 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today announced that its first electric vehicle (“EV”) assembly facility located in the Khalifa Economic Zone Abu Dhabi (“KEZAD”) was successfully accredited with ISO 9001, ISO 14001, and ISO… Continue reading NWTN Announces ISO Accreditations for its KEZAD Facility in the UAE
NWTN Announces ISO Accreditations for its KEZAD Facility in the UAE
DUBAI, UAE, April 11, 2023 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today announced that its first electric vehicle (“EV”) assembly facility located in the Khalifa Economic Zone Abu Dhabi (“KEZAD”) was successfully accredited with ISO 9001, ISO 14001, and ISO… Continue reading NWTN Announces ISO Accreditations for its KEZAD Facility in the UAE
Shipsy Named as a Notable Vendor in the 2023 Gartner® Asia/Pacific Context: ‘Magic Quadrant™ for Transport Management Systems’
GURUGRAM, India, April 10, 2023 /PRNewswire/ — Shipsy, a leading SaaS-based global logistics management platform provider, announced it had been acknowledged as a Notable Vendor in the Gartner Asia/Pacific Context: ‘Magic Quadrant for Transport Management Systems.’ The need for businesses to meet evolving customer demands, reduce transportation costs and boost delivery agility is driving the… Continue reading Shipsy Named as a Notable Vendor in the 2023 Gartner® Asia/Pacific Context: ‘Magic Quadrant™ for Transport Management Systems’
Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, April 7, 2023 /PRNewswire/ — Industrial Vehicles Market size will grow to USD 49.2 billion by 2028 (forecast year) from USD 39.7 billion in 2023 (estimated year), at a CAGR of 4.4% during 2023-2028 period, according to a new report by MarketsandMarkets™. Factors such as growing e-commerce industry, paired with increasing focus on workplace safety are expected… Continue reading Industrial Vehicles Market worth $49.2 billion by 2028 – Exclusive Report by MarketsandMarkets™
SkyDrop has now received final approval from The Civil Aviation Authority of New Zealand and is set to launch regular drone deliveries
SkyDrop is now the first company approved for live store to door drone delivery in New Zealand beginning in the town of Huntly RENO, Nev., April 11, 2023 /PRNewswire/ — SkyDrop (formerly Flirtey), announced that it has now received Part 102 approval from New Zealand’s Civil Aviation Authority (CAA) to launch SkyDrop’s first drone hub… Continue reading SkyDrop has now received final approval from The Civil Aviation Authority of New Zealand and is set to launch regular drone deliveries
SkyDrop has now received final approval from The Civil Aviation Authority of New Zealand and is set to launch regular drone deliveries
SkyDrop is now the first company approved for live store to door drone delivery in New Zealand beginning in the town of Huntly RENO, Nev., April 11, 2023 /PRNewswire/ — SkyDrop (formerly Flirtey), announced that it has now received Part 102 approval from New Zealand’s Civil Aviation Authority (CAA) to launch SkyDrop’s first drone hub… Continue reading SkyDrop has now received final approval from The Civil Aviation Authority of New Zealand and is set to launch regular drone deliveries