Aston Martin partners Lucid for upcoming electric cars

Aston Martin has announced that US-based electric car start-up Lucid will supply powertrain and battery technologies for the British marque’s upcoming EV line-up, as previously reported by Autocar. Lucid’s components will form the basis of Aston’s new battery-electric car platform, set to underpin a range of models including an electrified hypercar, sports car, GT and… Continue reading Aston Martin partners Lucid for upcoming electric cars

‘Metaverse experience should be akin to online marketing campaign’: Sukrit Singh

Metaverse as a digital system provides users with a shared 3D space which is essentially a customisable digital overlay of the real world and can be immersive and intuitive. Sukrit Singh, Co-founder of Metaform, a web 3.0 company says that this aspect and its flexible applications are finding new users each day in areas like… Continue reading ‘Metaverse experience should be akin to online marketing campaign’: Sukrit Singh

‘Metaverse experience should be akin to online marketing campaign’: Sukrit Singh

Metaverse as a digital system provides users with a shared 3D space which is essentially a customisable digital overlay of the real world and can be immersive and intuitive. Sukrit Singh, Co-founder of Metaform, a web 3.0 company says that this aspect and its flexible applications are finding new users each day in areas like… Continue reading ‘Metaverse experience should be akin to online marketing campaign’: Sukrit Singh

@Geely: Kandi Technologies’ Subsidiary SC Autosports Expands Distribution with Acquisition of Northern Group

— SC Autosports to acquire 100% ownership of Northern Group— JINHUA, CHINA, June 26, 2023 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (“Kandi” or “the Company”) (NASDAQ GS: KNDI), today announced that on June 17, 2023, its wholly owned subsidiary SC Autosports, LLC (“SC Autosports”) entered into an Equity Transfer Agreement (the “Agreement”) to acquire… Continue reading @Geely: Kandi Technologies’ Subsidiary SC Autosports Expands Distribution with Acquisition of Northern Group

BlackBerry Software Is Now Embedded In Over 235 Million Vehicles

WATERLOO, ON, June 26, 2023 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) announced today that TechInsights, a leading technology analysis and market research firm, has determined BlackBerry® QNX® software is now embedded in over 235 million vehicles worldwide; a year-over-year increase of 20 million. Continue Reading BlackBerry is the automotive industry’s most secure and… Continue reading BlackBerry Software Is Now Embedded In Over 235 Million Vehicles

German Manager Magazin: Electromobility: Lucid joins Aston Martin002564

Aston Martin enlists the help of another luxury carmaker to develop electric vehicles. The British manufacturer announced on Monday that it would be purchasing selected drive components from the Lucid Group in the future. Under the terms of the agreement, Aston Martin will issue approximately 28.4 million new shares of common stock and make incremental… Continue reading German Manager Magazin: Electromobility: Lucid joins Aston Martin002564

@AML: Aston Martin Lagonda and Lucid Group, Inc.000469

26 June 2023   Aston Martin Lagonda Global Holdings plc   Aston Martin Lagonda and Lucid Group, Inc. to enter in to strategic  supply agreement to create industry-leading ultra-luxury high performance electric vehicles ·      Agreement to include access to Lucid’s industry-leading technologies and long-term relationship whereby Lucid will supply Aston Martin with select powertrain components… Continue reading @AML: Aston Martin Lagonda and Lucid Group, Inc.000469

@AML: Aston Martin to create industry leading ultra-luxury high performance electric vehicles000470

All-new modular BEV platform underpins future portfolio of ultra-luxury high-performance electrified Aston Martin hypercar, Sports, GT and SUV models  Strategic supply agreement with Lucid Group to include access to industry-leading technologies and long-term relationship whereby Lucid will supply Aston Martin with select powertrain components for initial and future BEV models Electrification strategy is a pillar… Continue reading @AML: Aston Martin to create industry leading ultra-luxury high performance electric vehicles000470

Amid slowdown fears, dealers face Rs 1,500 crore of unpaid premiums

With domestic auto sales in the slow lane, auto dealers are facing multiple challenges of rising interest costs due to climbing inventories, and a change in IRDAI norms from April 1, 2023, which is further expected to slim down existing commission structures, putting greater pressure on their bottom lines. This is even as dealer payouts… Continue reading Amid slowdown fears, dealers face Rs 1,500 crore of unpaid premiums

Aston Martin joins forces with Lucid Group to make EVs

Aston Martin has signed a new supply agreement with world-leading electric vehicle technologies company, Lucid Group, which will help propel Aston Martin’s high-performance electrification strategy and its long-term growth. The proposed agreement announced this morning would see Lucid, a world-leader in the design and manufacture of advanced electric powertrains and battery systems, supply Aston Martin… Continue reading Aston Martin joins forces with Lucid Group to make EVs