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

Odysse Electric and Sun Mobility partner to drive e-mobility in international markets 

Odysse Electric Vehicles has partnered with Sun Mobility to export its flagship electric motorcycle Vader SM in key markets overseas, powered by the latter’s battery swapping technology.  This partnership will leverage SUN Mobility’s innovative battery-swapping platform to enhance the accessibility and convenience of Odysse Electric’s Vader SM for international markets, including Africa, Latin America, and Southeast… Continue reading Odysse Electric and Sun Mobility partner to drive e-mobility in international markets 

Quantum Energy Inaugurates new EV showroom in Gorakhpur

Quantum Energy, an electric vehicle startup specialising in the design, development, and manufacturing of electric scooters, has announced the inauguration of its new showroom in Gorakhpur, Uttar Pradesh.  Spanning approximately 1000 square feet, the newly inaugurated showroom operates under the dealership name KD Motors, and the lineup of electric scooters includes the Plasma, Elektron, Milan and the… Continue reading Quantum Energy Inaugurates new EV showroom in Gorakhpur

Auto retails register strong double-digit gains in July, PV inventory jumps to Rs 73,000 crore

Despite an inclement monsoon season which has impacted different parts of the country, India’s automobile retail sector has registered strong double-digit year-on-year growth of 14% to cross the 2-million-units mark in July 2024. The month-on-month increase too, at 7.31% over June 2024’s 1.89 million units and flat sales, augurs well for India Auto Inc retail… Continue reading Auto retails register strong double-digit gains in July, PV inventory jumps to Rs 73,000 crore

German Manager Magazine: USA apparently plans to ban Chinese software in self-driving cars003481

According to insiders, the US government is planning to ban Chinese software autonomously driving vehicles. The Commerce Department is expected to propose banning Chinese software products for autonomous and connected cars in the coming weeks. According to the Reuters news agency, this was announced on Sunday from circles familiar with the matter. The US government… Continue reading German Manager Magazine: USA apparently plans to ban Chinese software in self-driving cars003481

XXImo appoints Rick Centeno as its new CEO

UTRECHT, Netherlands, Aug. 2, 2024 /PRNewswire/ — XXImo, the innovative mobility payment platform provider, is excited to announce the appointment of Rick Centeno as its new CEO, effective August 1, 2024. Centeno will spearhead the company’s mission to become the foremost provider of payment solutions in the European mobility sector. Continue Reading Rick Centeno Rick Centeno… Continue reading XXImo appoints Rick Centeno as its new CEO

Electric Vehicle Traction Motors Market to Be Worth $173.0 Billion by 2031 – Exclusive Report by Meticulous Research®

REDDING, Calif., Aug. 1, 2024 /PRNewswire/ —  According to a new market research report titled, ‘Electric Vehicle Traction Motors Market by Type (PMSM, Induction Motor, BLDC), Power Output (Less than 100 kW, 100 kW to 250 kW, More Than 250kW), Propulsion Type, Vehicle Type, and Geography – Forecast to 2031′, the electric vehicle traction motors market is… Continue reading Electric Vehicle Traction Motors Market to Be Worth $173.0 Billion by 2031 – Exclusive Report by Meticulous Research®

LiDAR Market is Predicted to Reach a Market Worth of USD 4.83 Billion in 2031 Owing to Rising Spending on Healthcare Around the World | SkyQuest Technology

WESTFORD, Mass., Aug. 1, 2024 /PRNewswire/ — According to SkyQuest, the global LiDAR Market size was valued at USD 1.5 Billion in 2022 and is poised to grow from USD 1.7 Billion in 2023 to USD 4.83 Billion by 2031, growing at a CAGR of 13.8% in the forecast period (2024-2031).  LiDAR (Light Detection and Ranging)… Continue reading LiDAR Market is Predicted to Reach a Market Worth of USD 4.83 Billion in 2031 Owing to Rising Spending on Healthcare Around the World | SkyQuest Technology