CHICAGO, Sept. 14, 2023 /PRNewswire/ — The software-defined vehicle market is projected to grow from USD 270.9 billion in 2023 to USD 419.7 billion by 2028, registering a CAGR of 9.1% during the forecast period according to a new report by MarketsandMarkets™. The market growth is attributed to the continued development of connected vehicles and the… Continue reading Software-defined Vehicle Market worth $419.7 billion by 2028 – Exclusive Report by MarketsandMarkets™
Tag: Mobility
Scania and Flix promote biogas in bus travel – announce partnership to fight CO2 and boost circularity
Scania will supply up to 50 coaches with Bio-LNG (LBG) technology, to be run by Flix’s bus partners across the FlixBus network, by 2025. With this partnership, Flix and Scania want to progressively enhance the use of biogas in bus travel, with wide and economically viable sustainability benefits including an expected CO2 emissions… Continue reading Scania and Flix promote biogas in bus travel – announce partnership to fight CO2 and boost circularity
Sona Comstar raises capex to Rs 1,200 crore for EV biz
Gurugram, India-based global automotive systems and components manufacturer Sona Comstar has increased its capital expenditure by Rs 100 crore, bringing the total close to Rs 1,200 crore over the next three years. This development occurs at a time when the company’s net orderbook has increased to Rs 22,000 crore, with approximately 78 percent of the… Continue reading Sona Comstar raises capex to Rs 1,200 crore for EV biz
‘It’s cheaper to import than build in EU’ – VW boss slams rising bills
Car makers operating in Europe’s traditional automotive manufacturing hubs, including Germany and the UK, are sounding the alarm over the cost of developing and building both cars and automotive technology locally as they brace themselves for competition from cheaper, more profitable Chinese electric cars. “We want to invest in technology, batteries, chips but Europe is… Continue reading ‘It’s cheaper to import than build in EU’ – VW boss slams rising bills
Vantage Point: SG-based Ryde’s US IPO not for the faint-hearted
This weekly newsletter chronicles top digital themes and trends playing out in SE Asia, especially Indonesia. We will decode policy and regulatory changes affecting digital economy sectors, crunch earnings data of top players, track developments related to gig economy workers and attempt to piece together ecosystem buildouts in some of the fastest-growing, venture-backed plays. You… Continue reading Vantage Point: SG-based Ryde’s US IPO not for the faint-hearted
Elbit Systems Awarded a $95 Million Contract to Supply Canister Configuration SkyStriker Loitering Munitions to a European Country
HAIFA, Israel, Sept. 18, 2023 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems” or the “Company”) announced today that it was awarded a $95 million contract to supply SkyStriker loitering munitions (LM) to a European country. The contract will be carried out over a period of two years. As part of the contract… Continue reading Elbit Systems Awarded a $95 Million Contract to Supply Canister Configuration SkyStriker Loitering Munitions to a European Country
EV Charging Cable Market worth $3.9 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 18, 2023 /PRNewswire/ — EV Charging Cable Market is projected to grow from USD 1.3 billion in 2023 to USD 3.9 billion by 2030, registering a CAGR of 16.7%, according to a new report by MarketsandMarkets™. The Electric Vehicle (EV) charging cable market is currently undergoing a dynamic transformation driven by the rapid proliferation of electric… Continue reading EV Charging Cable Market worth $3.9 billion by 2030 – Exclusive Report by MarketsandMarkets™
Ampace Has Forged Strategic Collaborations with Multiple Industry Chain Enterprises to Accelerate Growth in the Global Electric Motorcycle Market
CHONGQING, China, Sept. 16, 2023 /PRNewswire/ — On September 15, Xiamen Ampace Technology Limited (hereinafter referred to as “Ampace”), a company renowned for its commitment to pioneering lithium battery research and innovation, marked its inaugural presence at the 21st China International Motorcycle Trade Exhibition, unveiling its cutting-edge “Kun-Era” series of lithium batteries. During this event, Ampace… Continue reading Ampace Has Forged Strategic Collaborations with Multiple Industry Chain Enterprises to Accelerate Growth in the Global Electric Motorcycle Market
Suzuki Motor to supply components for 110-150cc bikes to Malaysia’s KMSB
Suzuki Motor Corporation is increasing its investment in motorcycle manufacturing in Malaysia. Last week, the Japanese automaker signed a contract with Malaysian company KMSB Motors to supply engine and other parts for local motorcycle production. The contract was signed on September 15 and the conclusion ceremony was held at the Prime Minister’s Office of Malaysia… Continue reading Suzuki Motor to supply components for 110-150cc bikes to Malaysia’s KMSB
Suzuki Motor to supply components for 110-150cc bikes to Malaysia’s KMSB
Suzuki Motor Corporation is increasing its investment in motorcycle manufacturing in Malaysia. Last week, the Japanese automaker signed a contract with Malaysian company KMSB Motors to supply engine and other parts for local motorcycle production. The contract was signed on September 15 and the conclusion ceremony was held at the Prime Minister’s Office of Malaysia… Continue reading Suzuki Motor to supply components for 110-150cc bikes to Malaysia’s KMSB