Market barriers include limited charging infrastructure and safety concerns BOULDER, Colo., Oct. 25, 2022 /PRNewswire/ — A new report from Guidehouse Insights explores the global market for electric two-wheel vehicles (E2WVs). Technologies analyzed include e-bikes, seated e-scooters, and e-motorcycles. Ridership of E2WVs has experienced strong growth over the past 7-8 years, supported by government regulations that… Continue reading Guidehouse Insights Estimates Global Market for Electric Two-Wheel Vehicles Will Reach $103 Billion By 2031
Tag: Mobility
Ideanomics launches digital team, forms strategic partnership with Google Cloud
NEW YORK, Oct. 25, 2022 /PRNewswire/ — Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), is strengthening its position as a leading commercial electric vehicle and charging OEM by establishing in-house digital and data technology capabilities. Ideanomics Digital will provide a cost-efficient, standardized process to develop and deploy… Continue reading Ideanomics launches digital team, forms strategic partnership with Google Cloud
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Urban metro traffic, port cargo handling extend declines Flight cancellations elevated, road freight turnover worsens COVID curbs imposed in cities like Guangzhou, Zhengzhou, Xian BEIJING, Oct 25 (Reuters) – China’s economic growth is hitting an early speed bump in the fourth quarter as COVID-19 curbs and anxieties further tapped the brakes on travel and shipping,… Continue reading Untitled
@Tata-JLR: INMOTION, JAGUAR LAND ROVER’S CORPORATE VENTURE CAPITAL ARM, APPOINTS MIKE SMEED AS MANAGING DIRECTOR
About InMotion Ventures Powered by Jaguar Land Rover, InMotion Ventures makes strategic investments into innovative, high-growth companies building a sustainable future for the automotive industry. InMotion invests in startups across the globe, typically between Seed to Series C and notable past investments have included Lyft (exited in 2019), Ascend Elements, Circulor and Apex AI. For… Continue reading @Tata-JLR: INMOTION, JAGUAR LAND ROVER’S CORPORATE VENTURE CAPITAL ARM, APPOINTS MIKE SMEED AS MANAGING DIRECTOR
@Hyundai: Kia announces 3Q 2022 business results
3Q revenue at KRW 23. 2 trillion, up 30.5% year-on-year 3Q operating profit at KRW 768 billion; net profit 459 billion 3Q global sales totaled 752,104 units, up 9.9% year-on-year with the easing supply conditions 3Q operating profit margin stayed at 3.3% due to the one-off quality-related warranty provisions, with year-to-date operating profit margin at… Continue reading @Hyundai: Kia announces 3Q 2022 business results
FTC seeks to penalize Drizly and its CEO over a breach that exposed 2.5 million users’ data
The Federal Trade Commission wants to limit the amount of personal information Drizly can collect as part of the enforcement actions it’s proposing against the marketplace and its CEO. According to the FTC, the alcohol delivery service that Uber had purchased in 2021 and its chief executive, James Cory Rellas, were alerted to security issues… Continue reading FTC seeks to penalize Drizly and its CEO over a breach that exposed 2.5 million users’ data
Nissan should remedy unequal Renault alliance, ex-CEO Hiroto Saikawa says – The Japan Times
Renault and Nissan should “remedy” the decadeslong unequal alliance, in which the French automaker controls the larger Japanese company through a controlling stake, former Nissan President Hiroto Saikawa has said, emphasizing that the two companies should build a more equal relationship by reducing Renault’s stake in Nissan. In an interview with Kyodo News in mid-October,… Continue reading Nissan should remedy unequal Renault alliance, ex-CEO Hiroto Saikawa says – The Japan Times
The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel… Continue reading The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann – CNBC
Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California. Source: Noah Berger | General Motors DETROIT – General Motors has been mum about the abrupt departure Thursday of Dan Ammann, the CEO of… Continue reading GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann – CNBC
@VINFAST: News Release ADB leads $135 million climate financing package to support electric mobility in Vietnam Vingroup HANOI, VIETN…
News release by Vingroup HANOI, VIETNAM | October 24, 2022 09:30 AM Eastern Daylight Time HANOI, VIETNAM – Media OutReach – 24 October 2022 – The Asian Development Bank (ADB) mobilized a $135 million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus… Continue reading @VINFAST: News Release ADB leads $135 million climate financing package to support electric mobility in Vietnam Vingroup HANOI, VIETN…