LG Energy Solution posts KRW 6.1619 trillion in consolidated revenue and KRW 195.3 billion in operating profit Despite continued EV demand slowdown, the company makes meaningful progress in EV and ESS battery businesses, and enhances its fundamental competitiveness in supply chain and R&D In response to slower-than-expected EV market growth, LG Energy Solution to focus on optimizing… Continue reading LG Energy Solution Releases 2024 Second-Quarter Results
Tag: Hyundai
Automotive Advanced Driver Assistance System (ADAS) Market size is set to grow by USD 33.67 billion from 2024-2028, Decline in sensor prices boost the market, Technavio
NEW YORK, July 24, 2024 /PRNewswire/ — The global automotive advanced driver assistance system (ADAS) market size is estimated to grow by USD 33.67 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.87% during the forecast period. Decline in sensor prices is driving market growth, with a trend towards… Continue reading Automotive Advanced Driver Assistance System (ADAS) Market size is set to grow by USD 33.67 billion from 2024-2028, Decline in sensor prices boost the market, Technavio
Hyundai Motor India partners with Charge Zone to expand EV charging network
Hyundai with Charge Zone Hyundai Motor India Limited (HMIL) has entered into a Memorandum of Understanding (MoU) with Charge Zone to enhance its electric vehicle (EV) roadmap in India. Under this partnership, Charge Zone will install DC 60 kW fast chargers across 100 HMIL dealerships. This initiative aligns with the Government of India’s strategies for… Continue reading Hyundai Motor India partners with Charge Zone to expand EV charging network
Kia India adds EV6 to ‘Kia Lease’ program, expanding mobility options
Kia India has included its EV6 model in its leasing program, following the program’s launch two months ago. The EV6 lease is available at Rs 1.29 Lakhs per month, covering insurance, maintenance, pick-up and drop services, scheduled and unscheduled services, and 24/7 roadside assistance. The EV6 lease program is offered to specific groups including registered… Continue reading Kia India adds EV6 to ‘Kia Lease’ program, expanding mobility options
Hyundai Motor India partners with Charge Zone for EV chargers
Hyundai Motor India Limited (HMIL) has signed a Memorandum of Understanding (MoU) with ChargeZone. This partnership will facilitate the installation of DC 60 kW fast chargers at 100 HMIL dealerships nationwide. Jae Wan Ryu, the Function Head of Corporate Planning at HMIL, and Kartikey Hariyani, the Founder and CEO of Charge Zone, signed the MoU at… Continue reading Hyundai Motor India partners with Charge Zone for EV chargers
Supernal and Sigma Air Mobility Collaborate on AAM Market Development
FARNBOROUGH, U.K., July 23, 2024 /PRNewswire/ — Supernal LLC – Hyundai Motor Group’s (HMG) Advanced Air Mobility (AAM) company – and Sigma Air Mobility – a Luxaviation Group company – today announced a joint effort to identify and develop targeted markets for future AAM infrastructure and investments, targeting key markets in South and Southeast Asia and… Continue reading Supernal and Sigma Air Mobility Collaborate on AAM Market Development
Splight Inc. secures $12M in seed funding to tackle the energy industry’s biggest problem: energy curtailment
SAN FRANCISCO, July 24, 2024 /PRNewswire/ — Splight, an AI startup at the forefront of grid operations technologies, today announced the completion of its seed funding round. The $12M round was led by noa (formerly A/O) and joined by EDP Ventures, Elewit, Draper Cygnus, Draper B1, Ascent Energy Ventures, Fen Ventures, Reaction Global, Barn Investments,… Continue reading Splight Inc. secures $12M in seed funding to tackle the energy industry’s biggest problem: energy curtailment
@Hyundai: Hyundai Motor Group Robotics LAB Triumphs at 2024 Red Dot Design Award, Securing Two Best of Best Titles
Hyundai Motor Group Robotics LAB celebrates triple wins at prestigious 2024 Red Dot Design Award AI-powered Safety Inspection Robot and MobED Delivery both earned Best of Best recognition DAL-e Delivery also praised as Red Dot Winner thanks to its sophisticated design and functionality Hyundai Motor Group’s (the Group) Robotics LAB has been recognized with three… Continue reading @Hyundai: Hyundai Motor Group Robotics LAB Triumphs at 2024 Red Dot Design Award, Securing Two Best of Best Titles
Elevator and Escalator Market size is set to grow by USD 76.7 billion from 2024-2028, Increasing demand for smart elevators to boost the market growth, Technavio
NEW YORK, July 23, 2024 /PRNewswire/ — The global elevator and escalator market size is estimated to grow by USD 76.7 billionn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 10.13% during the forecast period. Increasing demand for smart elevators is driving market growth, with a trend towards elevator maintenance using iot platforms.… Continue reading Elevator and Escalator Market size is set to grow by USD 76.7 billion from 2024-2028, Increasing demand for smart elevators to boost the market growth, Technavio
How NVIDIA AI Foundry Lets Enterprises Forge Custom Generative AI Models
Businesses seeking to harness the power of AI need customized models tailored to their specific industry needs. NVIDIA AI Foundry is a service that enables enterprises to use data, accelerated computing and software tools to create and deploy custom models that can supercharge their generative AI initiatives. Just as TSMC manufactures chips designed by other… Continue reading How NVIDIA AI Foundry Lets Enterprises Forge Custom Generative AI Models