The Detroit Automobile Dealers Association moved the 2022 North American International Auto Show, the first since January 2019, to a more climate-friendly time of year, Sept. 14-25 at Huntington Place. Besides moving to a warmer season, the show is incorporating new features and attractions, including outdoor activations and ride and drives, in-flight demonstrations and displays from six air… Continue reading Everything you need to know about the Detroit auto show
Tag: Contract Manufacturer
Automotive Powertrain Market to Reach US$ 719.3 Million by 2032 as Focus on Clean Technology in Vehicles Grows
Automotive Powertrain Manufacturers Focus on Innovation as Shift towards EV Gains Momentum The latest survey by Fact.MR provides a compilation of first-hand information about the factors affecting the growth in automotive powertrain market. It also offers refines sales projection across various market segments in terms of position, vehicle type, and powertrain type. The report also… Continue reading Automotive Powertrain Market to Reach US$ 719.3 Million by 2032 as Focus on Clean Technology in Vehicles Grows
@Fisker: All-electric Fisker Ocean Scheduled for 2022 Oslo Motor Show, Marking Norwegian Debut000100
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – will showcase its all-electric Fisker Ocean SUV at the 2022 Oslo Motor Show October 28-30, 2022, marking the California-based company’s first foray into Norway. “Norway is one of our nine launch countries, so… Continue reading @Fisker: All-electric Fisker Ocean Scheduled for 2022 Oslo Motor Show, Marking Norwegian Debut000100
Magna (MGA) Puts Efforts in Micromobility, Commercial Vehicles
Magna International MGA recently announced its $77-million investment in Yulu Bikes, India’s largest technology-driven electrified shared mobility provider. Magna’s investment marks its entry into the rapidly-growing micromobility market. Magna will own a stake and hold a seat on the board of the India-based company. The two companies will establish a new battery-swapping entity. The new… Continue reading Magna (MGA) Puts Efforts in Micromobility, Commercial Vehicles
Magna Develops and Pilots Autonomous, On-Road Last-Mile Delivery Solution
Magna International Inc. MAGNA DEVELOPS AND PILOTS AUTONOMOUS, ON-ROAD LAST-MILE DELIVERY SOLUTION MAGNA DEVELOPS AND PILOTS AUTONOMOUS, ON-ROAD LAST-MILE DELIVERY SOLUTION MAGNA DEVELOPS AND PILOTS AUTONOMOUS, ON-ROAD LAST-MILE DELIVERY SOLUTION MAGNA DEVELOPS AND PILOTS AUTONOMOUS, ON-ROAD LAST-MILE DELIVERY SOLUTION Targeting reductions in delivery cost and carbon emissions for “last mile” delivery Magna-developed autonomous driving system… Continue reading Magna Develops and Pilots Autonomous, On-Road Last-Mile Delivery Solution
India Digest: Affirma leads $40m funding in EPACK Durable; Procol raises $6.4m from GMO, othersEPACK had raised $24m from ICICI Ventures in Sept 2021
EPACK Durable is raising a $40-million round led by private equity fund Affirma Capital while procurement management software company Procol has raised $6.4 million in funding. Affirma leads $40m funding in EPACK Durable EPACK Durable, India’s second-largest contract manufacturer of room air-conditioners (RACs), is raising a $40-million round led by private equity fund Affirma Capital,… Continue reading India Digest: Affirma leads $40m funding in EPACK Durable; Procol raises $6.4m from GMO, othersEPACK had raised $24m from ICICI Ventures in Sept 2021
Ferrari Purosangue is 715bhp V12 super-SUV
The Purosangue is the most radical Ferrari yet, as the first four-seat four-door model to be graced by the Prancing Horse. Although its proportions and functionality are unprecedented for Ferrari, it has retained some of the brand’s fundamental features, having a front-mid-mounted V12 and being claimed to be “a true sports car”. Enrico Galliera, Ferrari’s… Continue reading Ferrari Purosangue is 715bhp V12 super-SUV
Auto Roundup: CPRT’s Quarterly Results, GPI’s Portfolio Optimization & More
Last week, China vehicle sales data for August was released. Vehicle sales in the world’s largest car market rose 32.1% year over year to 2.38 million units for the third consecutive month on the back of relaxation of COVID-induced curbs as well as stimulus packages offered by the government in an effort to revive the… Continue reading Auto Roundup: CPRT’s Quarterly Results, GPI’s Portfolio Optimization & More
Magna enters the micromobility and battery swapping market
Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. The company invested $77 million in Yulu, an Indian shared micromobility operator, and plans to jointly launch a battery swapping service company. Magna’s investment is part of… Continue reading Magna enters the micromobility and battery swapping market
Driver Monitoring System Market to Grow USD 4203.4 Million by 2028 with a CAGR of 8.9% | Valuates Reports
BANGALORE, India , Sept. 12, 2022 /PRNewswire/ — The Global Automotive Driver Monitoring System (DMS) Market is Segmented by Type (Driver State Monitoring, Driver Health Monitoring), by Application (Commercial Vehicle, Passenger Car): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Software Category. Due to the COVID-19 pandemic, the global Automotive Driver Monitoring System… Continue reading Driver Monitoring System Market to Grow USD 4203.4 Million by 2028 with a CAGR of 8.9% | Valuates Reports