On a congested sidewalk next to a busy mall in Shenzhen, a 20-something woman uses a smartphone app to order a milk tea on Meituan, a major food delivery company. In under ten minutes, the pearl-white drink arrives, not on the back of one of the city’s ubiquitous delivery bikes, but descending from the cloudy… Continue reading How Meituan is redefining food delivery in China with drones
Tag: Mobility
TuSimple completes its first driverless autonomous truck run on public roads
Autonomous trucking startup TuSimple has completed its first autonomous truck run on open public roads without a human in the vehicle, according to the company. TuSimple’s Autonomous Driving System (ADS) navigated 100% of the 80-mile run along surface streets and highways between a railyard in Tuscon, Arizona and a distribution center in Phoenix, which took… Continue reading TuSimple completes its first driverless autonomous truck run on public roads
ZF becomes majority stakeholder in Indian JV with Rane Group
The Rane ZF Trichy plant. The JV is now renamed ZF Rane Automotive India. Global technology company ZF has increased its equity shares to become the majority shareholder with 51 percent in the Rane TRW Steering Systems joint venture from the Rane Group. Till date, both partners held equal shares in the company, which employs… Continue reading ZF becomes majority stakeholder in Indian JV with Rane Group
GreenPower Announces Test Rides and Demonstration of Its AV Star with Perrone Robotics at CES 2022
This announcement falls on the heels of GreenPower and Perrone’s recent OEM agreement, which continues to build on the success of the original AV Star developed for the Jacksonville Transportation Authority (JTA). “Together with GreenPower and First Transit, we are thrilled to provide CES attendees with an opportunity to experience firsthand and ride in the… Continue reading GreenPower Announces Test Rides and Demonstration of Its AV Star with Perrone Robotics at CES 2022
TuSimple Becomes First to Successfully Operate Driver Out, Fully Autonomous Semi-truck on Open Public Roads
SAN DIEGO, Dec. 29, 2021 /PRNewswire/ — TuSimple (Nasdaq: TSP), a global autonomous driving technology company, successfully completed the world’s first fully autonomous semi-truck run on open public roads without a human in the vehicle and without human intervention. The run took place on December 22nd and required TuSimple’s upfitted autonomous semi-truck to begin its journey… Continue reading TuSimple Becomes First to Successfully Operate Driver Out, Fully Autonomous Semi-truck on Open Public Roads
Increasing Emphasis on Energy Efficient Vehicles across the Globe to Bolster the Growth of the Global Electric Scooter Market by 2028 [223-Pages] | Divulge by Research Dive
NEW YORK, Dec. 29, 2021 /PRNewswire/ — Research Dive in its latest published report estimates that the global electric scooter market will generate $10,317.4 million and exhibit a CAGR of 7.9% from 2021 to 2028. Electric Scooter Market Dynamics The emphasis on energy efficient vehicles is growing along with the increasing environmental concerns across the… Continue reading Increasing Emphasis on Energy Efficient Vehicles across the Globe to Bolster the Growth of the Global Electric Scooter Market by 2028 [223-Pages] | Divulge by Research Dive
USA Aftermarket Automotive Parts & Components Market Expected to Reach USD 19 Billion by 2026
DUBLIN, Dec. 29, 2021 /PRNewswire/ — The “US Aftermarket Automotive Parts & Components Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering. The US Aftermarket Automotive Parts & Components market was valued at USD 17 billion in 2020 and is expected to reach USD 19 billion… Continue reading USA Aftermarket Automotive Parts & Components Market Expected to Reach USD 19 Billion by 2026
MingZhu Logistics Enters into Share Purchase Agreement to Acquire CheYi Network
SHENZHEN, China, Dec. 29, 2021 /PRNewswire/ — MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the “MingZhu” or “Company”), a leading trucking service provider, today announced that it entered into a Share Purchase Agreement (the “SPA”) on December 29, 2021 to acquire 100% of the equity interest of Cheyi (BVI) Limited (the “Cheyi BVI”) which operates its… Continue reading MingZhu Logistics Enters into Share Purchase Agreement to Acquire CheYi Network
Bajaj Auto to set up INR 300 cr EV manufacturing unit in Pune
Bajaj Auto announces a new EV manufacturing unit for India and exports at Akurdi (Pune); vehicles to roll out by June 2022 New Delhi: Homegrown two and three-wheelers manufacturer Bajaj Auto on Wednesday announced an investment of INR 300 crore (USD 40 Mn) unit at Akurdi for manufacturing Electric Vehicles. This unit will have a… Continue reading Bajaj Auto to set up INR 300 cr EV manufacturing unit in Pune
Bajaj Auto’s Rs 300 crore EV unit to come up in Pune, product rollout by June 2022
Five months after it announced a new subsidiary for electric and hybrid vehicles in the two-, three- and light four-wheeler categories, Bajaj Auto has announced an investment of Rs 300 crore and commenced work at a brand-new manufacturing faciiity at Akurdi, near Pune, for manufacturing EVs. The site is the location of the original and… Continue reading Bajaj Auto’s Rs 300 crore EV unit to come up in Pune, product rollout by June 2022