QUITO, Ecuador, Nov. 17, 2025 /PRNewswire/ — DFSK, the subsidiary NEV brand under SERES Group, today announced its official launch of the mid-size plug-in hybrid electric SUV E5 PLUS in Ecuadorian market through a strategic partnership with Automekano, a leading automotive company in Ecuador. This worldwide launch marks a pivotal step in DFSK’s strategic deployment… Continue reading DFSK E5 PLUS Makes Landmark Debut in Ecuador, Pioneering a New Journey in the Latin American Market
Tag: Mobility
Aerogel Market Expected to Reach USD 6.08 Billion by 2035, Growing at a CAGR of 15.5% | Vantage Market Research
NEW YORK, Nov. 20, 2025 /PRNewswire/ — The Global Aerogel Market, valued at USD 1.25 Billion in 2024, is projected to reach USD 6.08 Billion by 2035, expanding at a robust CAGR of 15.5% between 2025 and 2035. With thermal efficiency and lightweight materials emerging as critical priorities across industrial, construction, aerospace, and energy sectors,… Continue reading Aerogel Market Expected to Reach USD 6.08 Billion by 2035, Growing at a CAGR of 15.5% | Vantage Market Research
Tsuyo Manufacturing Signs LOI with Karnataka Government for New EV Powertrain Facility
Tsuyo Manufacturing has signed a Letter of Intent (LOI) with the Government of Karnataka to establish a new EV powertrain manufacturing facility and a large testing track for commercial vehicles. The signing took place during the Bengaluru Tech Summit 2025 in the presence of state officials and industry representatives. The proposed facility will focus on… Continue reading Tsuyo Manufacturing Signs LOI with Karnataka Government for New EV Powertrain Facility
Mahindra Last Mile Mobility Targets 6x Sales Growth by 2030, Eyes Export Expansion
Mahindra Group outlined an aggressive roadmap for its Last Mile Mobility division on Thursday. The company aims to grow revenue sixfold by 2030, electrify half its portfolio, and expand exports to more than 10 markets. The mobility and technology conglomerate presented this vision at its Investor Day, positioning the last-mile segment as a core pillar… Continue reading Mahindra Last Mile Mobility Targets 6x Sales Growth by 2030, Eyes Export Expansion
Mahindra Last Mile Mobility Targets 6x Sales Growth by 2030, Eyes Export Expansion
Mahindra Group outlined an aggressive roadmap for its Last Mile Mobility division on Thursday. The company aims to grow revenue sixfold by 2030, electrify half its portfolio, and expand exports to more than 10 markets. The mobility and technology conglomerate presented this vision at its Investor Day, positioning the last-mile segment as a core pillar… Continue reading Mahindra Last Mile Mobility Targets 6x Sales Growth by 2030, Eyes Export Expansion
Piaggio Launches Apé Xtra Bada 700 and Apé Xtra 600 Diesel Cargo Three-Wheelers
Piaggio Vehicles Pvt Ltd (PVPL) launched two new diesel cargo three-wheelers—the Apé Xtra Bada 700 and the Apé Xtra 600—to expand its last-mile mobility portfolio and address demand for higher payload and performance in the commercial vehicle segment. The Apé Xtra Bada 700 introduces India’s first 7-ft cargo deck and the highest-in-segment 750 kg payload… Continue reading Piaggio Launches Apé Xtra Bada 700 and Apé Xtra 600 Diesel Cargo Three-Wheelers
Piaggio Launches Apé Xtra Bada 700 and Apé Xtra 600 Diesel Cargo Three-Wheelers
Piaggio Vehicles Pvt Ltd (PVPL) launched two new diesel cargo three-wheelers—the Apé Xtra Bada 700 and the Apé Xtra 600—to expand its last-mile mobility portfolio and address demand for higher payload and performance in the commercial vehicle segment. The Apé Xtra Bada 700 introduces India’s first 7-ft cargo deck and the highest-in-segment 750 kg payload… Continue reading Piaggio Launches Apé Xtra Bada 700 and Apé Xtra 600 Diesel Cargo Three-Wheelers
PlaxidityX Selected as Top SME Innovator in CLEPA Innovation Awards 2025
PlaxidityX recognized for its breakthrough vDome cyber car theft protection solution TEL-AVIV, Israel, Nov. 19, 2025 /PRNewswire/ — PlaxidityX, a world leader in automotive cybersecurity, today announced that it was named as a Top SME Innovator in the Digital category of the CLEPA Innovation Awards, and was also voted the Audience Choice Award winner by event… Continue reading PlaxidityX Selected as Top SME Innovator in CLEPA Innovation Awards 2025
Monarch Tractor preps for layoffs and warns employees it may ‘shut down’
Autonomous electric tractor startup Monarch Tractor warned staff Thursday it may need to lay off more than 100 employees, or possibly even ‘shut down,’ according to a company-wide memo obtained by TechCrunch. The memo comes after Monarch Tractor was already cutting some positions over the last few weeks at its California corporate facilities and remote… Continue reading Monarch Tractor preps for layoffs and warns employees it may ‘shut down’
Electric Two Wheeler Market worth $9.71 billion by 2032 | MarketsandMarkets™
DELRAY BEACH, Fla., Nov. 19, 2025 /PRNewswire/ — The electric two wheeler market is projected to grow from USD 4.78 billion in 2025 to USD 9.71 billion by 2032 at a CAGR of 10.6%., according to a new report by MarketsandMarkets™. The shift from hub motors to mid-drive systems in performance electric two-wheelers is gaining momentum,… Continue reading Electric Two Wheeler Market worth $9.71 billion by 2032 | MarketsandMarkets™