New Delhi: Indian multinational automotive company Eicher Motors on Wednesday reported 157.52% year-on-year (YoY) growth in consolidated net profit to INR 610.66 crore in Q1 FY23 as against INR 237.13 crore in the same quarter last year. Meanwhile, the profit before tax stood at INR 792,09 crore in the first quarter. For the quarter, the… Continue reading Eicher Motors Q1 FY23 consolidated net profit jumps 158% to INR 611 crore
Tag: Volvo
Volvo and partners plan California Electrified Charging Corridor for medium- and heavy-duty EVs
Volvo Trucks is joining up with Shell and three truck dealerships to develop a public medium- and heavy-duty EV charging network that connects several of California’s largest metropolitan areas. The Electrified Charging Corridor Project has scored $2 million in funding from the California Energy Commission, and is expected to get underway in 2022. All five… Continue reading Volvo and partners plan California Electrified Charging Corridor for medium- and heavy-duty EVs
Geely-backed investment firm GLy secures $163m final close of debut PE fund
GLy Capital Management, a Hong Kong-based investment manager in the mobility sector, announced on Wednesday the final closing of its maiden private equity (PE) fund — the New Mobility Fund, which raised $163 million in capital commitments. The New Mobility Fund, which counts Chinese automaker Zhejiang Geely Holding Group and South Korea’s SK Inc as… Continue reading Geely-backed investment firm GLy secures $163m final close of debut PE fund
Marine Outboard Engines Market — North America to occupy 33% share
NEW YORK, Aug. 9, 2022 /PRNewswire/ — The global marine engine market size is expected to grow by 495.67 thousand units between 2020 and 2025, according to the latest market research report by Technavio. The market witnessed a YOY growth of 7.61% in 2021. However, the growth momentum is expected to decelerate at a CAGR… Continue reading Marine Outboard Engines Market — North America to occupy 33% share
Monroe® Introduces New Monroe Intelligent Suspension RideSense™ Products for Premium European Vehicles
SOUTHFIELD, Mich., Aug. 9, 2022 /PRNewswire/ — Monroe® shocks and struts, a leading global brand from Tenneco Inc.’s (NYSE: TEN) DRiV Motorparts group, recently launched new Monroe Intelligent Suspension RideSense™ products in North America. Designed specifically for luxury European vehicles equipped with electronic suspensions, Monroe Intelligent Suspension RideSense is engineered as a direct replacement for OE… Continue reading Monroe® Introduces New Monroe Intelligent Suspension RideSense™ Products for Premium European Vehicles
Electric Vehicles Industry is expected to increase EV sales volume from at a CAGR of ~6% between 2021 and 2026: Ken Research
Increasing government push is likely to boost sales of Electric Vehicles due to exemption of taxes and duties. Lack of market leaders and ease of entry will act a positive reinforcement for emergence of newer homegrown EV manufacturing companies. Increasing technological advancement and emergence of Electric Mobility-as-a-Service (EMaaS) will be witness in the EV space… Continue reading Electric Vehicles Industry is expected to increase EV sales volume from at a CAGR of ~6% between 2021 and 2026: Ken Research
Iran Construction Equipment Markets, 2022-2028: Market is Witnessing a Surge in Low Maintenance, Flexible & Fuel-Efficient Equipment
DUBLIN, Aug. 8, 2022 /PRNewswire/ — The “Iran Construction Equipment Market – Strategic Assessment and Forecast 2022-2028” report has been added to ResearchAndMarkets.com’s offering. A surge in Investments in Mining, Transport & Urban Development Projects to boost the Demand For Construction Equipment. Iran accounted for 25% of oil reserves in the Middle East and 12% of… Continue reading Iran Construction Equipment Markets, 2022-2028: Market is Witnessing a Surge in Low Maintenance, Flexible & Fuel-Efficient Equipment
DDPAI Z50 4KDUALDASH CAM LAUNCH
The Finer, The Mightier SHENZHEN, China, Aug. 8, 2022 /PRNewswire/ — On August 8th, DPPAI unveils the Z50 dash cam model, As in Z-series, continues the preview screen and sleek design but upgraded details with powerful performance. The finer, the mightier. 4K Dual Dash Cam, Focus on Finer Details Continue Reading The DDPAI Z50 comes with a front… Continue reading DDPAI Z50 4KDUALDASH CAM LAUNCH
MENA Bus and Coach Market to Reach $4.47 Billion by 2026 at a CAGR of 4.78%
DUBLIN, Aug. 8, 2022 /PRNewswire/ — The “MENA Bus and Coach Market, By Length (6-8m, 8-10m, 10-12m, Above 12m), By Application, By Type of Buses, By Application, By Type of Usage, By Seating Capacity, By Fuel Type, By Body Type, By Country, Competition Forecast and Opportunities, 2016-2026” report has been added to ResearchAndMarkets.com’s offering. The MENA… Continue reading MENA Bus and Coach Market to Reach $4.47 Billion by 2026 at a CAGR of 4.78%
DDPAI Z50 4K DUAL DASH CAM LAUNCH
The Finer, The Mightier SHENZHEN, China, Aug. 8, 2022 /PRNewswire/ — On August 8th, DPPAI unveils the Z50 dash cam model, As in Z-series, continues the preview screen and sleek design but upgraded details with powerful performance. The finer, the mightier. 4K Dual Dash Cam, Focus on Finer Details Continue Reading Z50 Banner Z50 Features The DDPAI Z50… Continue reading DDPAI Z50 4K DUAL DASH CAM LAUNCH