DENSO and Honeywell are in advanced discussions with current and prospective customers and intend to deliver flight test configurations of the electric propulsion systems within the next year. This focus on electrified power sources will not only help the companies fulfill UAM’s promise of providing cleaner, safer, more efficient, quieter and freer-moving transportation in and… Continue reading DENSO, Honeywell Ascend Into Urban Air Mobility With Expanded Alliance
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Rajiv Gupta quits Honda Cars; Jonis Tricolite as CEO
Rajiv, an MBA from FMS and BE from Birla Institute of Technology and Sciences Pilani, joined Honda Cars in 1996 as manager of marketing. New Delhi: Former vice president (sales and marketing) Honda Cars India Ltd (HCIL) Rajiv Gupta has ended his second stint with the Japanese carmaker and joined Tricolite Electrical Industries as chief… Continue reading Rajiv Gupta quits Honda Cars; Jonis Tricolite as CEO
Why India needs to revise its course curriculum to address EV skill demand
EV skilling programmes will also provide tailwinds for faster acceptance of EVs pan-India. Considering India’s 2030 SDGs (Sustainable Development Goals), EVs are essential for lowering carbon emissions. By Nikunj Sanghi Electric vehicles (EVs) have been making headlines for a few decades. But it is only in recent years that EVs have been attracting seminal interest,… Continue reading Why India needs to revise its course curriculum to address EV skill demand
UK’s Ofgem to invest $425 mln in electric vehicle infrastructure
Britain will ban the sale of new petrol and diesel cars from 2030 as part of its goal of cutting emissions to net zero by 2050. LONDON: Britain’s energy market regulator Ofgem said on Monday it will invest 300 million pounds ($425 million) in more than 200 low-carbon infrastructure projects to prepare the country for… Continue reading UK’s Ofgem to invest $425 mln in electric vehicle infrastructure
Hero Lectro’s new sales and distribution strategy targets presence in 80 multi-brand outlets
Hero Lectro, the EV division of Hero Motors Company (HMC) is working on a new sales and distribution strategy to bolster the market presence of its newly launched e-cargo vehicles aimed at last-mile logistics segment in India. The company is creating new sales channels for its E Cargo vehicles across 10 cities initially, with a… Continue reading Hero Lectro’s new sales and distribution strategy targets presence in 80 multi-brand outlets
Two-day automotive R&D virtual conference begins
By 2026, the vision of the Indian automotive Industry is to make India among the top three countries of the world in terms of engineering, manufacturing and export of vehicle and auto components. This will contribute to an increase in India’s GDP and also generate additional jobs in various automotive sectors. A strong automotive research and… Continue reading Two-day automotive R&D virtual conference begins
@Ford: Ford Introduces All-Electric F-150 Lightning Pro, Built for Work with Next-Generation Technology, Seamless Overnight Charging
Built Ford Tough for commercial customers Introducing the all-new 2022 F-150 Lightning® Pro – the first-ever all-electric F-Series truck purpose-built for commercial customers; Built Ford Tough, it joins E-Transit in the growing lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing, making the transition to zero… Continue reading @Ford: Ford Introduces All-Electric F-150 Lightning Pro, Built for Work with Next-Generation Technology, Seamless Overnight Charging
China’s Eminence closes USD Fund II at $120m to focus on enterprise software …
Eminence Ventures, which invests in early-stage enterprise software and cloud computing startups in China, has reached the final close of its second US dollar fund at $120 million, bringing the firm’s total assets under management (AUM) to nearly $200 million. The second US dollar fund attracted backing from Silicon Valley’s Emergence Capital, and Hong Kong’s… Continue reading China’s Eminence closes USD Fund II at $120m to focus on enterprise software …
Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D
China’s Huisuanzhang, a SaaS-based corporate accounting and tax management platform, has secured $80 million in a Series D round of financing from undisclosed investors, per its announcement on Monday. Investment bank Cygnus Equity served as financial advisor for the deal, it said in a WeChat post. The platform will invest the funding proceeds to grow… Continue reading Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D
Samsung unveils a 43-inch version of its versatile Smart Monitor
Samsung has expanded its all-in-one Smart Monitor range with two new models, the company announced. On top of the 27- and 32-inch models launched late last year, it’s now offering the 43-inch 4K M7 and 24-inch 1080p M5, filling in the top and bottom of the range. As before, the new models are designed for… Continue reading Samsung unveils a 43-inch version of its versatile Smart Monitor