Electric bus maker GreenCell Mobility has received $55 million in sanctions from Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and Clean Technology Fund (CTF) to develop 255 electric battery-powered buses. GreenCell, which is backed by Eversource, a joint venture between investment management firm Everstone Group and solar energy project developer Lightsource bp, has… Continue reading India’s GreenCell receives $55m sanctions from ADB, others to make e-busesIt has also received grants worth $325,000 from CTF and $5.2m from the Goldm…
Tag: Mobility
Dates revealed for 30th Goodwood Festival of Speed
The 2023 Goodwood Festival of Speed will be held from 13-16 July next year, as the world-famous motoring event celebrates its 30th anniversary. First held in 1993, the Festival of Speed will this time celebrate its prominence as the ultimate destination for technology and future mobility for 30 years. The Electric Avenue and Future Lab… Continue reading Dates revealed for 30th Goodwood Festival of Speed
Yassir pulls in $150M for its super app, led by BOND
Yassir, an African super app platform that offers on-demand services such as ride-hailing, food and grocery delivery, and payments, has raised $150 million in Series B funding, five times what it raised in its previous priced round last November. The investment was led by BOND, the growth-stage firm that Mary Meeker spun out of Kleiner… Continue reading Yassir pulls in $150M for its super app, led by BOND
Ouster and Velodyne agree to merger, signaling consolidation in lidar industry
Ouster and Velodyne, two lidar companies, have agreed to a merger in an all-stock transaction, the companies said Monday. Both Ouster and Velodyne will maintain a 50% stake in the new company, according to the agreement that was signed on November 4. The merger comes as many in the industry, including autonomous vehicle technology company… Continue reading Ouster and Velodyne agree to merger, signaling consolidation in lidar industry
EV Battery Reuse Market Size To Reach USD 3.9 Billion By 2031, Growing At A CAGR of 34.3% | Valuates Reports
BANGALORE, India, Nov. 7, 2022 /PRNewswire/ — EV Battery Reuse Market by Source (Battery Electric Vehicles (BEVs), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)), by Battery Chemistry (Lithium-Iron Phosphate, Lithium-Manganese Oxide, Lithium-Nickel-Cobalt-Aluminum Oxide, Lithium-Nickel-Manganese Cobalt, Lithium-Titanate Oxide), by Vehicle Type (Passenger Cars, Commercial Vehicles), by Application (Low speed vehicles, Base… Continue reading EV Battery Reuse Market Size To Reach USD 3.9 Billion By 2031, Growing At A CAGR of 34.3% | Valuates Reports
Percepto Gains Nationwide US Waiver to Remotely Deploy and Operate Automated Drones for Critical Infrastructure Monitoring
First of its kind granted by FAA for drone-in-a-box solution; Enables quick, AI-powered drone deployment for the inspection of power, oil & gas, solar plants and mining AUSTIN, Texas, Nov. 7, 2022 /PRNewswire/ — Percepto, the leading autonomous inspection and monitoring solution provider, today announced that the Federal Aviation Administration (FAA) granted the company a… Continue reading Percepto Gains Nationwide US Waiver to Remotely Deploy and Operate Automated Drones for Critical Infrastructure Monitoring
Davinci Motor präsentiert auf der EICMA 2022 DC100 erstmals dem europäischen Markt
MAILAND, 7. November 2022 /PRNewswire/ — Davinci Motor, der neue chinesische Hersteller von hochleistungsfähigen Roboter-Elektromotorrädern, ist zum ersten Mal in Europa auf der weltweit führenden Motorradmesse EICMA vertreten, die dieses Jahr vom 8. bis 13. November in Mailand, Italien, stattfindet. Auf der Messe wird Davinci Motor das futuristische DC100 vorstellen, das erste Elektromotorrad, das entwickelt wurde, um… Continue reading Davinci Motor präsentiert auf der EICMA 2022 DC100 erstmals dem europäischen Markt
First-Ever National Permit to Operate Autonomous Electric Buses Awarded to Imagry
Autonomous driving (AD) platform developed by Imagry selected by the Israel Innovation Authority to drive its first AD public transportation program in Israel HAIFA, Israel, Nov. 7, 2022 /PRNewswire/ — The Israel Innovation Authority announced today that Imagry, a developer of mapless autonomous driving technology, has received approval to operate the first public buses with… Continue reading First-Ever National Permit to Operate Autonomous Electric Buses Awarded to Imagry
Tube Investment posts 20 percent growth in net profit with Rs 277 crore for Q2FY23
Tube Investment posts 20 percent growth in net profit with Rs 277 crore for Q2FY23 Tube Investment, a part of the Rs 54,722 crore Murugappa Group, reported has posted a 20 percent growth in consolidated net profit for the quarter ending September with Rs 277 crore profitability. With the Engineering, Metal Forming Products and Industrial chains division… Continue reading Tube Investment posts 20 percent growth in net profit with Rs 277 crore for Q2FY23
Tube Investment posts 20 percent growth in net profit with Rs 277 crore for Q2FY23
Tube Investment posts 20 percent growth in net profit with Rs 277 crore for Q2FY23 Tube Investment, a part of the Rs 54,722 crore Murugappa Group, reported has posted a 20 percent growth in consolidated net profit for the quarter ending September with Rs 277 crore profitability. With the Engineering, Metal Forming Products and Industrial chains division… Continue reading Tube Investment posts 20 percent growth in net profit with Rs 277 crore for Q2FY23