Tata Punch punches past 100,000 sales in just 10 months

Tata Motors today rolled out the 100,000th unit of the Tata Punch compact SUV from its manufacturing facility in Pune. July 2022 was a record month for the carmaker which recorded its best-ever monthly sales: 47,505 units, up 57% year on year. The Punch compact SUV contributed 23% to the total with 11,007 units.  With this kind… Continue reading Tata Punch punches past 100,000 sales in just 10 months

MAHLE and Siemens join forces to accelerate wireless charging tech for EVs

MAHLE, the technology group, and Siemens have signed a declaration of intent for cooperation in the area of wireless charging systems for electric vehicles. In the future, both companies will jointly develop and test complete infrastructure and automotive engineering systems. One of the areas of focus will be on promoting technological standards for inductive charging… Continue reading MAHLE and Siemens join forces to accelerate wireless charging tech for EVs

Solar E-Bike Market to Reach $6.01 Billion, Globally, by 2040 at 13.7% CAGR: Allied Market Research

Factors such as favorable government regulations and policies to encourage the use of solar e-bikes, surge in fuel costs, and increase in interest in cycling as a fitness & recreational activity is anticipated to boost the growth of the solar e-bike market growth PORTLAND, Ore., Aug. 11, 2022 /PRNewswire/ — Allied Market Research published a report,… Continue reading Solar E-Bike Market to Reach $6.01 Billion, Globally, by 2040 at 13.7% CAGR: Allied Market Research

UFODrive Expands EV Rental Business to the U.S.

As UFODrive plans further expansion in North America, it has partnered with Inspiration Fleet, an EV-only fleet management company, to accelerate the transition to electric vehicles. Photo: UFODrive UFODrive announced the launch of its first U.S. city on August 4, starting with San Francisco. The electric vehicle rental has seen rapid growth in 20 cities across Europe already. Now, Bay area… Continue reading UFODrive Expands EV Rental Business to the U.S.

China’s Geek+ closes Intel-backed $100m Series E1 round at over $2b valuationGeek+ had completed a Series D round led by China’s CITIC Private Equity …

Geek+, a China-based developer of autonomous mobile robots (AMRs) for intelligent logistics, has secured $100 million in a Series E1 round of financing, bringing the company’s valuation to over $2 billion. Beijing-based Geek+ raised the new round from investors including Intel Capital, the venture arm of chipmaker Intel Corp, Singapore’s Vertex Growth, and Qingyue Capital… Continue reading China’s Geek+ closes Intel-backed $100m Series E1 round at over $2b valuationGeek+ had completed a Series D round led by China’s CITIC Private Equity …

Electric Vehicles Lead the Way for Efficient Battery Solutions Globally

Electric vehicle manufacturers will adopt future chemistries over the next 5-7 years to overcome range anxiety and cost issues, says Frost & Sullivan SAN ANTONIO, Aug. 11, 2022 /PRNewswire/ — The increasing adoption of electric vehicles (EVs) has pushed the need for efficient battery solutions, augmented safety, and an extended life span. Frost & Sullivan’s… Continue reading Electric Vehicles Lead the Way for Efficient Battery Solutions Globally

StradVision Closes $88M Series C Funding

StradVision, a Seoul, South Korea-based AI-based perception processing company for Autonomous Vehicles and ADAS, raised $88M in Series C funding. The round was led by ZF and Aptiv. With this round closed, StradVision now has $129m USD in cumulative funding from the seed round through Series C. The company intends to use the funds to accelerate growth and expand… Continue reading StradVision Closes $88M Series C Funding

SIAM celebrates World Biofuel Day with virtual seminar

Yesterday, August 10, was World Biofuel Day and in line with its vision of fostering sustainable mobility, the Society of Indian Automobile Manufacturers (SIAM) organized a virtual seminar on ‘Promotion of Biofuels: A Pathway for Low Carbon Mobility’. World Biofuel Day is celebrated on August 10 each year to depict and make aware of the… Continue reading SIAM celebrates World Biofuel Day with virtual seminar

Google’s Android Red Team Had a Full Pixel 6 Pwn Before Launch

When Google launched the Pixel 6 and 6 Pro in October 2021, key features included its custom Tensor system-on-a-chip processor and the security benefits of its onboard Titan M2 security chip. But with so much new equipment launching at once, the company needed to be extra careful that nothing was overlooked or went wrong. At… Continue reading Google’s Android Red Team Had a Full Pixel 6 Pwn Before Launch

How the FBI’s Mar-a-Lago Raid Could Expose Trump’s Secrets

The exclamation point is perhaps the most tantalizing part of Donald Trump’s post-raid-on-Mar-a-Lago statement: “They even broke into my safe!” It’s been a bad week for a man who believes that a safe—an obvious investigative target—is beyond the pale. Not only did FBI agents enter Trump’s Palm Beach home on Monday as part of a… Continue reading How the FBI’s Mar-a-Lago Raid Could Expose Trump’s Secrets