Energy Department Will Loan $2 Billion to Redwood Materials

The Energy Department on Thursday announced a $2 billion loan to help a Nevada company step up production of critical components of electric vehicle batteries. The company, Redwood Materials, plans to use the loan to expand a manufacturing campus near Reno, Nev., where it makes some of the components from new and recycled sources. The… Continue reading Energy Department Will Loan $2 Billion to Redwood Materials

Luminar CFO defends lidar maker’s pricing and revenue in the wake of a Goldman downgrade

A Mercedes-Benz van retrofitted with different types of lidar systems, including Luminar’s Iris, to showcase the differences in the technologies. Michael Wayland / CNBC Lidar maker Luminar Technologies, stung by a recent Wall Street downgrade, is responding in an unusual way: taking its case directly to the shareholders. In a letter seen by CNBC on… Continue reading Luminar CFO defends lidar maker’s pricing and revenue in the wake of a Goldman downgrade

German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006597

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, great progress has been made 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-up006597

German Handelsblatt: Deepdrive: More power, less weight: BMW and Continental invest in electric motor start-up006597

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, great progress has been made 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-up006597

GPS Tracking Device Market worth $5.7 billion in 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 23, 2023 /PRNewswire/ — The GPS tracking device market is projected to grow from USD 3.1 billion in 2023 to USD 5.7 billion in 2028; it is expected to grow at a CAGR of 13.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the market is attributed introduction… Continue reading GPS Tracking Device Market worth $5.7 billion in 2028 – Exclusive Report by MarketsandMarkets™

ACEA urges EU leaders to act on eroding auto industry competitiveness

The European Automobile Manufacturers’ Association (ACEA) has re-iterated its call to speed up action to secure the EU’s industrial base during the green transition. The two-day European Council Summit, where EU leaders address EU competitiveness, is currently underway in Brussels. Speaking at a hearing in the European Parliament in Brussels on March 21, ACEA President and… Continue reading ACEA urges EU leaders to act on eroding auto industry competitiveness

GPS Tracking Device Market worth $5.7 billion in 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 23, 2023 /PRNewswire/ — The GPS tracking device market is projected to grow from USD 3.1 billion in 2023 to USD 5.7 billion in 2028; it is expected to grow at a CAGR of 13.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the market is attributed introduction… Continue reading GPS Tracking Device Market worth $5.7 billion in 2028 – Exclusive Report by MarketsandMarkets™

GPS Tracking Device Market worth $5.7 billion in 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 23, 2023 /PRNewswire/ — The GPS tracking device market is projected to grow from USD 3.1 billion in 2023 to USD 5.7 billion in 2028; it is expected to grow at a CAGR of 13.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the market is attributed introduction… Continue reading GPS Tracking Device Market worth $5.7 billion in 2028 – Exclusive Report by MarketsandMarkets™

GPS Tracking Device Market worth $5.7 billion in 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, March 23, 2023 /PRNewswire/ — The GPS tracking device market is projected to grow from USD 3.1 billion in 2023 to USD 5.7 billion in 2028; it is expected to grow at a CAGR of 13.1% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the market is attributed introduction… Continue reading GPS Tracking Device Market worth $5.7 billion in 2028 – Exclusive Report by MarketsandMarkets™

EV Platform Global Market to Reach $68 Billion by 2030: Preference for High-Voltage and Long-Range EV Platforms Presents Opportunities

DUBLIN, March 23, 2023 /PRNewswire/ — The “EV Platform Market by EV Type (BEV, PHEV), Electric Passenger Car (Hatchback, Sedan, Utility Vehicles), Electric CV (Bus, Truck, Van/Pick-up Truck), Component (Suspension, Steering, Motor, Brake, Chassis, ECU, Battery) and Region – Global Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering. The EV Platform market is estimated… Continue reading EV Platform Global Market to Reach $68 Billion by 2030: Preference for High-Voltage and Long-Range EV Platforms Presents Opportunities