Kempower, Wennstrom and Fastcharge open public charging site for electric trucks in Norway

Three companies are working together to open a series of public charging sites for electric trucks in Norway. Finland-based Kempower is a manufacturer of DC fast charging solutions. Fastcharge is an operator of charge points for heavy vehicles. Wennstrom, an e-mobility solution provider, is the sales and services partner for the project. In July, the… Continue reading Kempower, Wennstrom and Fastcharge open public charging site for electric trucks in Norway

Indian e-scooter maker Ola Electric’s $734m IPO fully subscribed on Day 2Ola will use the proceeds to invest in its in-house cell manufacturing.

Ola Electric‘s $734 million initial public offering (IPO) was fully subscribed on the second day of bidding, reaching the target amid a sharp sell-off in global equity markets. The SoftBank-backed company’s IPO, the first by an electric vehicle maker in India and also the country’s biggest this year, has received bids worth about $447 million, 1.06 times the… Continue reading Indian e-scooter maker Ola Electric’s $734m IPO fully subscribed on Day 2Ola will use the proceeds to invest in its in-house cell manufacturing.

@Toyota: Team USA and Team Toyota’s Caeleb Dressel Claims Two Additional Medals at Paris

PARIS (Aug. 5, 2024) – Caeleb Dressel took home a silver medal in the men’s swimming 4x100m medley relay at the Olympic Games Paris 2024. Dressel ran the butterfly leg of the relay, posting a 49.41 time in his swim. The U.S. team came home second with a total time of 3:28.01. Dressel also claimed… Continue reading @Toyota: Team USA and Team Toyota’s Caeleb Dressel Claims Two Additional Medals at Paris

GridMatrix Partners with HDR and MetroPlan Orlando to Deploy AI Road Safety Software in Seminole County Florida

SAN FRANCISCO, Aug. 5, 2024 /PRNewswire/ — GridMatrix, the leading provider of cloud-based advanced traffic analytics solutions, is proud to announce a new project in partnership with HDR, a renowned engineering and consulting firm, to enhance traffic management infrastructure in Seminole County, Florida. GridMatrix will offer its real-time transportation analytics and alerts system to provide… Continue reading GridMatrix Partners with HDR and MetroPlan Orlando to Deploy AI Road Safety Software in Seminole County Florida

DENSO, JERA to Jointly Develop High-Efficiency Hydrogen Generation Technology that Combines SOEC with Waste Heat Utilization and Conduct Joint Demonstration Testing at a JERA Thermal Power Station

KARIYA, Japan, Aug. 5, 2024 /PRNewswire/ — DENSO Corporation (“DENSO“), and JERA Co., Inc. (“JERA“) announce that they will jointly develop high-efficiency hydrogen generation technology that combines SOEC*1 with waste heat utilization and conduct joint demonstration testing at a JERA thermal power station. DENSO for years has pursued initiatives in the three areas of “Monozukuri (manufacturing),”… Continue reading DENSO, JERA to Jointly Develop High-Efficiency Hydrogen Generation Technology that Combines SOEC with Waste Heat Utilization and Conduct Joint Demonstration Testing at a JERA Thermal Power Station

Mercury Insurance Names the Most Affordable New EVs to Insure

Three Hyundai Motor Group Products Make This Year’s List LOS ANGELES, Aug. 5, 2024 /PRNewswire/ — Due to the growing demand for electric vehicles, particularly in California, Mercury Insurance (NYSE: MCY) has compiled a list of the most affordable new EVs to insure, which will arm consumers with valuable knowledge when they go to shop for… Continue reading Mercury Insurance Names the Most Affordable New EVs to Insure

Volkswagen India inaugurates six touchpoints in Kerala

Volkswagen India expands its footprint in Kerala with the inauguration of city stores in Calicut, Trivandrum, Kochi, alongside an additional body shop facility in Kochi and two more Sales & Service facilities at Kodungallur & Palakkad that were inaugurated this year.  The addition of these outlets marks a significant expansion for Volkswagen in Kerala, growing its footprint to… Continue reading Volkswagen India inaugurates six touchpoints in Kerala

PMI Electro Mobility launches 5 charging stations, flags off 22 e-buses in Rajkot

PMI Electro Mobility is ramping up efforts to further electrification in Gujarat. The company today launched five 240kw GBT electric bus charging stations in Gondal and flagged off 22 e-buses in Rajkot.  The newly launched electric buses are zero-emission vehicles (ZEV) and claim to reduce over 650 tonnes of CO2 in a year of being operational, the… Continue reading PMI Electro Mobility launches 5 charging stations, flags off 22 e-buses in Rajkot

What’s Going On With Chinese EV Stocks Nio, XPeng And Li Auto On Monday?

What’s Going On With Chinese EV Stocks Nio, XPeng And Li Auto On Monday? Chinese EV stocks Nio Inc (NYSE:NIO), XPeng Inc (NYSE:XPEV), and Li Auto Inc (NASDAQ:LI) are trading lower Monday after reports indicated the U.S. Commerce Department’s plans to ban Chinese software in autonomous and connected vehicles. Tesla Inc (NASDAQ:TSLA) is also trading lower by over 8%… Continue reading What’s Going On With Chinese EV Stocks Nio, XPeng And Li Auto On Monday?

Mumbai’s vehicle count crosses 48 lakh, 60% are two-wheelers. Experts worried

The city’s vehicle count has exceeded 48 lakh, including 14 lakh private cars and nearly 29 lakh two-wheelers. The city’s vehicle count has exceeded 48 lakh, including 14 lakh private cars and nearly 29 lakh two-wheelers. In 2023-24, an average of 721 vehicles were registered daily at the four regional transport offices (RTOs) in Mumbai.… Continue reading Mumbai’s vehicle count crosses 48 lakh, 60% are two-wheelers. Experts worried