As vehicle manufacturers and component suppliers innovate to meet the challenges of lightweighting in the face of global demand for more fuel-efficient vehicles and also increased range for electrified vehicles, there is ample reason to believe that the cost challenge can be overcome. With OEMs compelled to adopt alternative materials in vehicle body structures and… Continue reading Vehicle lightweighting is not necessarily expensive: Venkatram Mamillapalle
Tag: Mobility
Car makers post record sales during peak festivals, deliver four lakh cars between Navratri and Diwali
Car makers post record sales during peak festivals, deliver four lakh cars between Navratri and Diwali Over four lakh buyers drove home their dream car in a 32-day period between Navratri and Diwali this year to fulfil their personal mobility needs. On average, car retailers did a business of Rs 1,000 crore a day, with… Continue reading Car makers post record sales during peak festivals, deliver four lakh cars between Navratri and Diwali
Visteon raises 2022 sales forecast to $3.6 billion after strong Q3
Global automotive technology company Visteon today announced its third quarter financial results. At $1,026 million (Rs 8,508 crore), net sales are a year-on-year increase of 63%, or 69%, excluding the impact of currency, driven by new product launches and positive pricing due to incremental costs recoveries primarily related to semiconductor shortages. The company’s sales performance represents… Continue reading Visteon raises 2022 sales forecast to $3.6 billion after strong Q3
Demand for top automotive tech professionals on the rise
Tata Elxsi and KPIT Technologies – two of the top Indian design and technology service providers to the automotive and related industries are on a hiring spree. This is happening as a result of robust demand that has come after almost two years of stagnation due to pandemic, supply challenges among others. However, some other business… Continue reading Demand for top automotive tech professionals on the rise
5G roll out to trigger V2X-based solution in auto industry
Even as India officially entered the 5G spectrum in October of this year, Ashish Sharma, VP, Automotive, India, Capgemini, believes that the development may lead to triggering of vehicle-to-everything (V2X)- based solutions and basic V2X features with partial automation may become prevalent across India. “The auto market has already started adopting several advancements such as… Continue reading 5G roll out to trigger V2X-based solution in auto industry
Odyssey Raises $4.75M in Seed Funding
Odyssey (formerly known as Agora), a New York-based provider of a platform that helps states connect families to public funding and education services, raised $4.75m in Seed funding. The round was led by a16z through its American Dynamism practice, which invests in founders and companies that solve important national problems, with participation from Village Global, Bling… Continue reading Odyssey Raises $4.75M in Seed Funding
Global V2X Cybersecurity Market to Witness Huge Growth by Key Players: ESCRYPT, Qualcomm Incorporated, Autotalks, AUTOCRYPT Co., Ltd, and Continental AG and Other – ReportsnReports
PUNE, India, Oct. 27, 2022 /PRNewswire/ — “North America is expected to have significant growth during the forecast period.” The North American region is expected to have significant growth during the forecast period. This region is home to the big automotive OEMs namely General Motors, Ford Motors, and Fiat. The market in North America is… Continue reading Global V2X Cybersecurity Market to Witness Huge Growth by Key Players: ESCRYPT, Qualcomm Incorporated, Autotalks, AUTOCRYPT Co., Ltd, and Continental AG and Other – ReportsnReports
Ideanomics announces spin-out of its JUSTLY and Timios subsidiaries
NEW YORK, Oct. 27, 2022 /PRNewswire/ — Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), has begun the process to spin-out JUSTLY and Timios. “As part of our previously communicated strategic focus on the EV market, we have taken the decision to spin out the fintech businesses which do… Continue reading Ideanomics announces spin-out of its JUSTLY and Timios subsidiaries
S44 Joins EVRoaming Foundation, a Global Leader in Electric Charging Protocols as Newest Contributing Member
MONTVALE, N.J., Oct. 27, 2022 /PRNewswire/ — S44, LLC, a digital experience company based in the United States and Germany, has joined the EVRoaming Foundation alongside Shell, AB Volvo, Add Energy/Flo, Google, with the goal to support the independent free-to-use Open Charge Point Interface (OCPI) roaming protocol worldwide. And to contribute on new developments. Having… Continue reading S44 Joins EVRoaming Foundation, a Global Leader in Electric Charging Protocols as Newest Contributing Member
HD Hyundai Avikus Joined World’s Biggest Boat Show, proving its Leadership in Autonomous Navigation
SEOUL, South Korea, Oct. 27, 2022 /PRNewswire/ — HD Hyundai’s ship autonomous navigation subsidiary, Avikus, participated in the Fort Lauderdale International Boat Show, the world’s largest boat show, proving its leading capability in autonomous ship technology. Avikus first introduced “NeuBoat,” the level 2 autonomous navigation solution for recreational boats, at this boat show in Florida,… Continue reading HD Hyundai Avikus Joined World’s Biggest Boat Show, proving its Leadership in Autonomous Navigation