ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024 Rating agency ICRA anticipates that its sample of 49 auto ancillaries – which have combined annual revenues of close to Rs 3 lakh crore – will have a market growth of 8-10 percent in FY2023, helped by strong demand from the local… Continue reading ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024 Rating agency ICRA anticipates that its sample of 49 auto ancillaries – which have combined annual revenues of close to Rs 3 lakh crore – will have a market growth of 8-10 percent in FY2023, helped by strong demand from the local… Continue reading ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024 Rating agency ICRA anticipates that its sample of 49 auto ancillaries – which have combined annual revenues of close to Rs 3 lakh crore – will have a market growth of 8-10 percent in FY2023, helped by strong demand from the local… Continue reading ICRA expects 7-8 percent increase in investment by auto component suppliers in FY2024

@Hyundai: Hyundai Motor Group Signs MoU with Nusantara Capital City Authority to Establish Ecosystem for Advanced Air Mobility

–  A First Step to Open Up AAM in ASEAN Market  –   President Jaiwon Shin of Hyundai Motor Group and the Head of Nusantra Capital City Authority Bambang Susantono attended the MoU signing ceremony The Group and local authorities signed to proactively introduce advanced air mobility (AAM) in the new capital city, starting with a… Continue reading @Hyundai: Hyundai Motor Group Signs MoU with Nusantara Capital City Authority to Establish Ecosystem for Advanced Air Mobility

Hyundai Motor Group Signs MoU with Nusantara Capital City Authority to Establish Ecosystem for Advanced Air Mobility

–  A First Step to Open Up AAM in ASEAN Market  – President Jaiwon Shin of Hyundai Motor Group and the Head of Nusantra Capital City Authority Bambang Susantono attended the MoU signing ceremony The Group and local authorities signed to proactively introduce advanced air mobility (AAM) in the new capital city, starting with a… Continue reading Hyundai Motor Group Signs MoU with Nusantara Capital City Authority to Establish Ecosystem for Advanced Air Mobility

Army Selects Applied Intuition to Accelerate Autonomy Development for Robotic Combat Vehicle (RCV)

MOUNTAIN VIEW, Calif., Nov. 14, 2022 /PRNewswire/ — Applied Intuition, Inc. announced today that it has been selected by the Army and the Defense Innovation Unit (DIU) to deliver an end-to-end autonomy software development and test platform for the Army’s Robotic Combat Vehicle (RCV program). The $49 million contract ceiling for the competitive prototyping phase… Continue reading Army Selects Applied Intuition to Accelerate Autonomy Development for Robotic Combat Vehicle (RCV)

Hyundai Motor Group Executive Chair Urges Bold Action on Climate Change and Energy Poverty at B20 Summit Indonesia 2022

Executive Chair Euisun Chung speaks on the topic of ‘Energy Poverty and Accelerate a Just and Orderly Sustainable Energy Use,’ at B20 Summit Indonesia 2022 Occurring prior to G20 Summit, the B20 Summit attracts thousands of attendees from major G20 member countries Executive Chair Chung urges governments and global businesses to adopt sustainable energy solutions… Continue reading Hyundai Motor Group Executive Chair Urges Bold Action on Climate Change and Energy Poverty at B20 Summit Indonesia 2022

Turret System Market Worth $22.6 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Nov. 14, 2022 /PRNewswire/ — Turret system market is projected to grow from USD 19.7 billion in 2022 to USD 22.6 billion by 2027, registering a CAGR of 2.8% from 2022 to 2027 according to a new report by MarketsandMarkets™. The market is driven by factors such as military modernization plans across the globe and… Continue reading Turret System Market Worth $22.6 billion by 2027 – Exclusive Report by MarketsandMarkets™

Higer Bus Company Serves COP27 with Electric Buses

SUZHOU, China, Nov. 14, 2022 /PRNewswire/ — On November 6, 2022, the 27th UN Climate Change Conference (COP27) kicked off in Sharm el-Sheikh, Egypt. The conference focuses on “implementation” and discusses climate issues from a practical level. As the only Chinese bus brand serving COP27, thirty units of Higer’s electric buses provide the zero-carbon shuttle service… Continue reading Higer Bus Company Serves COP27 with Electric Buses

CerebrumX to Use Ford Connected Vehicle Data, with Customer Consent, to Help Transform Auto Insurance in North America with Usage-Based Insurance as-a-Service

Using the CerebrumX platform, Insurers can offer end-to-end usage-based insurance (UBI) programs with a reduced time to market and cost advantage for eligible 2020 model year or newer Ford and Lincoln vehicles PRINCETON, N.J., Nov. 14, 2022 /PRNewswire/ — CerebrumX Lab Inc. (CerebrumX), an AI-driven automotive data services & management platform, announced today it will incorporate Ford… Continue reading CerebrumX to Use Ford Connected Vehicle Data, with Customer Consent, to Help Transform Auto Insurance in North America with Usage-Based Insurance as-a-Service