Volvo may move investments to U.S. if Europe’s green-tech push falls short

Volvo is joining a growing roster of manufacturers considering moving investments to the United States if Europe doesn’t bolster aid in response to President Joe Biden’s landmark green subsidy push. The Inflation Reduction Act, which promises roughly $370 billion in clean-energy subsidies, will strongly increase demand for emissions-free trucks in the United States, said Volvo… Continue reading Volvo may move investments to U.S. if Europe’s green-tech push falls short

Telangana Govt moots Mobility Valley, hopes to attract Rs 50,000 cr investment over 5 years on sustainable mobility

Telangana Govt moots Mobility Valley, hopes to attract Rs 50,000 cr investment over 5 years on sustainable mobility With an aim is to accelerate the growth of sustainable mobility in the country, Telangana government on Monday unveiled what it calls India’s first new mobility-focused cluster, called Telangana Mobility Valley or TMV where it plans to… Continue reading Telangana Govt moots Mobility Valley, hopes to attract Rs 50,000 cr investment over 5 years on sustainable mobility

ECARX and SiEngine to Collaborate with FAW on Digital Cockpit Platform Leveraging SiEngine’s SE1000

LONDON, Feb. 6, 2023 /PRNewswire/ — ECARX (Nasdaq: ECX), a global mobility tech provider, and SiEngine[1], a leading automotive semiconductor company and investee of ECARX, have established a strategic collaboration with FAW, a leading automaker in China, to work on the development of world-leading high-performance digital cockpits based on the SE1000 System-on-the-Chip (SoC) from SiEngine. The… Continue reading ECARX and SiEngine to Collaborate with FAW on Digital Cockpit Platform Leveraging SiEngine’s SE1000

Autonomous Cars Market is expected to generate a revenue of USD 15.55 Billion by 2030, Globally, at 31.19% CAGR: Verified Market Research®

The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Autonomous Cars Market JERSEY CITY, N.J., Feb. 3, 2023 /PRNewswire/ — Verified Market Research® recently published a report, “Autonomous Cars… Continue reading Autonomous Cars Market is expected to generate a revenue of USD 15.55 Billion by 2030, Globally, at 31.19% CAGR: Verified Market Research®

Volvo S60 back on sale in UK with AWD only

Volvo has reintroduced the Volvo S60 saloon to its line-up, now available in four-wheel-drive-form only, after it was temporarily removed from sale last year. The BMW 3 Series-rivalling executive saloon was originally pulled in October so the Swedish firm could fulfil its existing orders. The car maker blamed the combined effects of component shortages and supply issues as a result of Covid-19 for not being able… Continue reading Volvo S60 back on sale in UK with AWD only

ECARX and SiEngine to Collaborate with FAW on Digital Cockpit Platform Leveraging SiEngine’s SE1000

LONDON, Feb. 6, 2023 /PRNewswire/ — ECARX (Nasdaq: ECX), a global mobility tech provider, and SiEngine[1], a leading automotive semiconductor company and investee of ECARX, have established a strategic collaboration with FAW, a leading automaker in China, to work on the development of world-leading high-performance digital cockpits based on the SE1000 System-on-the-Chip (SoC) from SiEngine. The… Continue reading ECARX and SiEngine to Collaborate with FAW on Digital Cockpit Platform Leveraging SiEngine’s SE1000

Electrified vehicle sales in Europe hit record 2.59 million units in 2022

In 2022, registrations of electrified vehicles (BEV, PHEV, EREV, FCEV) in Europe reached a new record with a total of 2.59 million units. Year-on-year, volume increased by 15%, and by 92% when compared with 2020. In 2019 – before the Covid-19 pandemic hit European markets – registrations totalled 561,000 units, however the market share for… Continue reading Electrified vehicle sales in Europe hit record 2.59 million units in 2022

Electrified vehicle sales in Europe hit record 2.59 million units in 2022

In 2022, registrations of electrified vehicles (BEV, PHEV, EREV, FCEV) in Europe reached a new record with a total of 2.59 million units. Year-on-year, volume increased by 15%, and by 92% when compared with 2020. In 2019 – before the Covid-19 pandemic hit European markets – registrations totalled 561,000 units, however the market share for… Continue reading Electrified vehicle sales in Europe hit record 2.59 million units in 2022

Autonomous Cars Market is expected to generate a revenue of USD 15.55 Billion by 2030, Globally, at 31.19% CAGR: Verified Market Research®

The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Autonomous Cars Market JERSEY CITY, N.J., Feb. 3, 2023 /PRNewswire/ — Verified Market Research® recently published a report, “Autonomous Cars… Continue reading Autonomous Cars Market is expected to generate a revenue of USD 15.55 Billion by 2030, Globally, at 31.19% CAGR: Verified Market Research®

ECARX and SiEngine to Collaborate with FAW on Digital Cockpit Platform Leveraging SiEngine’s SE1000

LONDON, Feb. 6, 2023 /PRNewswire/ — ECARX (Nasdaq: ECX), a global mobility tech provider, and SiEngine[1], a leading automotive semiconductor company and investee of ECARX, have established a strategic collaboration with FAW, a leading automaker in China, to work on the development of world-leading high-performance digital cockpits based on the SE1000 System-on-the-Chip (SoC) from SiEngine. The… Continue reading ECARX and SiEngine to Collaborate with FAW on Digital Cockpit Platform Leveraging SiEngine’s SE1000