Pune-based Patil Automation (PAPL), an automation solutions company, has announced its foray into the electric vehicle market. It plans to manufacture electric two- and three-wheelers in Chakan, Pune, under the ‘EVTRIC Motors’ brand. EVTRIC Motors will invest around Rs 100 crore in a phased manner. PAPL supplies the automotive industry with line automation equipment, conveyors, robots, mechanical/control… Continue reading Patil Automation to invest Rs 100 crore in EV business
Tag: Mobility
ParkMobile Announces Partnership with The Car Park Offering Contactless Parking Payments in Raleigh, Asheville, and Boone, NC
ParkMobile has over 24 million users across North America and is available for both iPhone and Android devices. ParkMobile can also be accessed on a mobile web browser for those who do not want to download an app. To pay for parking using the mobile or web app, a user enters the zone number posted… Continue reading ParkMobile Announces Partnership with The Car Park Offering Contactless Parking Payments in Raleigh, Asheville, and Boone, NC
Yamaha working on all-new EV platform for India and other global markets
Yamaha Motor Corp has a dedicated team at Japan headquarters working on an all-new electric vehicle platform for India and other global markets. “In fact, we have been manufacturing EV models in Taiwan for the last two years in association with Gogoro. So, the technology and the expertise to develop and manufacture EV models is… Continue reading Yamaha working on all-new EV platform for India and other global markets
As Butschek bids adieu, he leaves behind a “healthier and agile” Tata Motors
G Butschek:“I look back with much pride, the honour of leading a fantastic organisation and team. Together, we have rebuilt , reinvented, strengthened and modernised our products, business & company.” As Guenter Butschek gets ready to shift into his new role as consultant, he feels “secure in the knowledge that Tata Motors is much healthier,… Continue reading As Butschek bids adieu, he leaves behind a “healthier and agile” Tata Motors
Volvo unveils manifesto for all-electric future
Volvo has unveiled the manifesto for next generation of all-electric cars with the Concept Recharge. Representing a new paradigm in car design, the Concept Recharge also reflects Volvo Cars’ safety ambitions. In the Concept Recharge, the designers have been able to evolve the car’s proportions to increase interior space while also improving aerodynamic efficiency. They… Continue reading Volvo unveils manifesto for all-electric future
@Hyundai: IONIQ 5 Production Process | Electric Vehicle Production from Hyundai Factory | Hyundai
Play From paradigm changing technologies like the Power Electric System to eco-friendly paint composed of oil from natural flowers and corn.Witness how the IONIQ 5 is providing the newest mobility experience through industry leading technologies that will both bring about and sustain the future. [IONIQ 5 – Hyundai’s Electric Vehicle Production Process and Technology] 00:00… Continue reading @Hyundai: IONIQ 5 Production Process | Electric Vehicle Production from Hyundai Factory | Hyundai
@Ford: Ford Kansas City Assembly Plant Assembles the One Millionth Transit in North America
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Kansas City Assembly Plant Assembles the One Millionth Transit in North America
Chinese ride-hailing company Didi became a retail favorite on its first day of trading
Reuters/Jason Lee Reuters/Jason Lee Didi has become a retail-investor favorite on its first day of trading, Fidelity data show. The stock topped retail buys in Exela Technologies and AMC Entertainment. Shares of the Chinese ride-hailing company surged as much as 28% during its IPO Wednesday. See more stories on Insider’s business page. Chinese ride-hailing company… Continue reading Chinese ride-hailing company Didi became a retail favorite on its first day of trading
Wejo Partners with Microsoft, Palantir Technologies and Sompo Holdings to transform the future of connected vehicle data
On the heels of a definitive agreement to enter a business combination with Virtuoso Acquisition Corp. (“Virtuoso”) in a transaction expected to close later this year, Wejo Limited (“Wejo”) announced that it has joined forces with Microsoft (“Microsoft”), Palantir and Sompo Holdings (“Sompo”) to advance the cutting-edge applications of connected vehicle data worldwide. Through the combination of… Continue reading Wejo Partners with Microsoft, Palantir Technologies and Sompo Holdings to transform the future of connected vehicle data
BMW i Ventures announces new $300 million fund to invest in sustainable technology
BMW i Ventures, the venture capital arm of BMW Group, has announced a new $300 million fund to further its investment in technologies that make transportation, manufacturing and supply chains more sustainable. The firm doesn’t operate as a traditional corporate venture capital fund, but rather acts independently from BMW while being fully backed by the… Continue reading BMW i Ventures announces new $300 million fund to invest in sustainable technology