777 HYPERCAR, BORN IN MONZA PRESENTS THE LOUNGE AND THE FIRST PROTOTYPE AT THE AUTODROME

A RESEARCH CENTRE AND AN EXPERIMENTAL VERSION WILL BE CREATED MONZA, Italy, July 5, 2023 /PRNewswire/ — Friday 7 July in Monza will mark the official start of the 777 hypercar project. It will be the occasion to inaugurate the 777 Motors Lounge, a multimedia open space that is located at the Autodromo Nazionale di… Continue reading 777 HYPERCAR, BORN IN MONZA PRESENTS THE LOUNGE AND THE FIRST PROTOTYPE AT THE AUTODROME

Automated Guided Vehicle Market to Reach $9.18 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, July 5, 2023 /PRNewswire/ — The global automated guided vehicle market size is anticipated to reach USD 9.18 billion by 2030, registering a CAGR of 9.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. Automated guided vehicles (AGVs) have transformed the way materials can be moved within the… Continue reading Automated Guided Vehicle Market to Reach $9.18 Billion by 2030: Grand View Research, Inc.

India Auto Inc retails up 10% in June, first-half sales 53% of CY2023

Apex automobile retail body FADA (Federation of Automobile Dealers Associations of India) today released its sales numbers for June 2023, reflecting the real-world market scenario. While the 18,63,868 units sold across five vehicle segments – two- and three-wheelers, passenger vehicles, commercial vehicles and tractors – constitute 9.57% year-on-year growth (June 2022: 17,01,105 units), month-on-month retails… Continue reading India Auto Inc retails up 10% in June, first-half sales 53% of CY2023

Battery Smart secures US$ 33 million in Pre-Series B funding

The company’s existing investors, Tiger Global and Blume Ventures, as well as new investors, The Ecosystem Integrity Fund (EIF) and British International Investmen took part in the Pre-Series B funding round (BII). Battery Smart, a network for swapping batteries, said on Thursday that it had raised US$ 33 million (around Rs 272 crore) in a… Continue reading Battery Smart secures US$ 33 million in Pre-Series B funding

Battery Smart secures US$ 33 million in Pre-Series B funding

The company’s existing investors, Tiger Global and Blume Ventures, as well as new investors, The Ecosystem Integrity Fund (EIF) and British International Investmen took part in the Pre-Series B funding round (BII). Battery Smart, a network for swapping batteries, said on Thursday that it had raised US$ 33 million (around Rs 272 crore) in a… Continue reading Battery Smart secures US$ 33 million in Pre-Series B funding

Vitesco Technologies displays its 48-volt electric drive, which caters to 80% of EV content for e2w OEMs

The Regensburg-based German automotive supplier for drivetrain and powertrain technologies and Tier 1 component manufacturer, today unveiled its 48-volt electric drive, claiming to have met 80 percent of the content requirements for electrified vehicles in the country. The company unveiled its 48-volt powered electric scooter for fully electric three- and four-wheel vehicles at its Talegaon… Continue reading Vitesco Technologies displays its 48-volt electric drive, which caters to 80% of EV content for e2w OEMs

Vitesco Technologies displays its 48-volt electric drive, which caters to 80% of EV content for e2w OEMs

The Regensburg-based German automotive supplier for drivetrain and powertrain technologies and Tier 1 component manufacturer, today unveiled its 48-volt electric drive, claiming to have met 80 percent of the content requirements for electrified vehicles in the country. The company unveiled its 48-volt powered electric scooter for fully electric three- and four-wheel vehicles at its Talegaon… Continue reading Vitesco Technologies displays its 48-volt electric drive, which caters to 80% of EV content for e2w OEMs

AUTOCRYPT and RWTH Aachen University Co-Develop Fuzzing Solution for HIL Simulation

SEOUL, South Korea, July 6, 2023 /PRNewswire/ — Automotive cybersecurity and mobility solutions provider AUTOCRYPT announces its new “AutoCrypt Security Fuzzer for HIL” solution, jointly developed by AUTOCRYPT and RWTH Aachen University as part of their industry-academia partnership. As an add-on version of the existing AutoCrypt Security Fuzzer, the new tool enables fuzz testing in… Continue reading AUTOCRYPT and RWTH Aachen University Co-Develop Fuzzing Solution for HIL Simulation

40 Million Kilometers of Accident-Free Trucking Powered by Inceptio’s Autonomous Driving System

SHANGHAI, July 6, 2023 /PRNewswire/ — Inceptio Technology (“Inceptio,” or the “Company”), China’s leading developer of autonomous driving technologies for heavy-duty trucks, today announced that the Inceptio Autonomous Driving System has powered more than 40 million kilometers of accident-free trucking on China’s highways. This latest milestone underlines the safety and reliability of Inceptio’s full-stack autonomous… Continue reading 40 Million Kilometers of Accident-Free Trucking Powered by Inceptio’s Autonomous Driving System