Automotive engineering service providers (ESP) market size to grow by USD 8,381.88 million from 2022 to 2027: Historic Industry Size & Analysis of 15 Vendors – Technavio

NEW YORK, March 22, 2023 /PRNewswire/ — The automotive engineering service providers (ESP) market size is forecasted to increase by USD 8,381.88 million from 2022 to 2027 at a CAGR of 8.2%, according to a recent market study by Technavio. The growth of the market will be driven by increasing vehicle digitization and electrification. The emergence of new… Continue reading Automotive engineering service providers (ESP) market size to grow by USD 8,381.88 million from 2022 to 2027: Historic Industry Size & Analysis of 15 Vendors – Technavio

Zeekr confirms new electric saloon and Europe launch by 2024

Chinese luxury EV maker Zeekr will add a saloon to its line-up this year as it prepares to launch in Europe this coming winter. The Geely-owned brand will launch a new model every six months as part of an expansion plan that targets 650,000 sales a year by 2025, CEO An Conghui told journalists and analysts in a results… Continue reading Zeekr confirms new electric saloon and Europe launch by 2024

Electric Vehicle Fleet-as-a-Service Pioneer Revolv Raises $15 Million to Support Growing Demand for Decarbonized Commercial Fleets

Led by Greenbacker Capital Management, the Series A financing will accelerate Revolv’s roll-out of medium to heavy-duty vehicles in California and across North America Revolv simplifies commercial fleets’ transition from internal combustion engines to electric, helping its customers navigate the complexities of incentive regimes, charging infrastructure and financing, all while reducing the total cost of… Continue reading Electric Vehicle Fleet-as-a-Service Pioneer Revolv Raises $15 Million to Support Growing Demand for Decarbonized Commercial Fleets

Inside the industry: Is it finally time to make electric cars slower?

The car industry has scored plenty of own goals over the years, but it’s hard to fathom why it’s so comfortable with the idea of pleading forgiveness rather than seeking permission when it comes to electric cars’ acceleration times. For context, the Mk1 Ford Focus RS took 6.4sec to race from 0-60mph, the Mk2 5.9sec… Continue reading Inside the industry: Is it finally time to make electric cars slower?

Volvo Trucks and Boliden collaborate on deployment of underground electric trucks for mining

Volvo Trucks and mining company Boliden now joining forces to implement electric truck transport in underground environments. GOTHENBURG, Sweden, March 21, 2023 /PRNewswire/ — The Swedish mining group Boliden is becoming one of the first in the world to start using battery-electric trucks for heavy underground transport starting 2023. In mining environments, the electric trucks can… Continue reading Volvo Trucks and Boliden collaborate on deployment of underground electric trucks for mining

German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006556

Deepdrive dual rotor motor Electric cars with this light motor should have a longer range than with conventional electric motors. (Photo: Deepdrive) In order to improve the efficiency of electric cars, there has been great progress in recent years, especially with batteries. “But especially with the engine itself, major leaps in development are still possible,”… Continue reading German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006556

German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006556

Deepdrive dual rotor motor Electric cars with this light motor should have a longer range than with conventional electric motors. (Photo: Deepdrive) In order to improve the efficiency of electric cars, there has been great progress in recent years, especially with batteries. “But especially with the engine itself, major leaps in development are still possible,”… Continue reading German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006556

New Lynk&Co 08 revealed ahead of launch this week

Lynk&Co has fully revealed its upcoming 08 SUV ahead of an official unveiling scheduled for 25 March. To be launched in Shanghai, images of the 08 were shared on the firm’s social media. It is is the manufacturer’s seventh model and will be sold in China during the second half of 2023 and serves as the sibling model of the… Continue reading New Lynk&Co 08 revealed ahead of launch this week

SaverOne Joins the European Union’s Regulatory Committee on Driver Distraction

PETAH TIKVAH, Israel, March 20, 2023 /PRNewswire/ — SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company engaged in transportation safety solutions, today announced that it has joined the European Union’s (EU) Regulatory Committee on Driver Distraction, as an observing member. This committee is responsible for setting EU regulations for vehicle manufacturers (OEMs) for in-vehicle technologies that… Continue reading SaverOne Joins the European Union’s Regulatory Committee on Driver Distraction

Qualcomm Is Poised to Dominate EVs Before Apple Gets a Chance

Perhaps crucially, Qualcomm also says its Digital Chassis allows automakers to “own the in-vehicle experience … [and] extend their brand and bring engaging consumer interactions into the vehicle.” This will be particularly welcomed by manufacturers after the announcement in June last year of Apple’s next-gen multiscreen version of CarPlay, which will likely not be anywhere near… Continue reading Qualcomm Is Poised to Dominate EVs Before Apple Gets a Chance