Bery said an explicit goal of the EU is to promote convergence in living standards between richer and poorer member states. Assuming a successful conclusion to the trade negotiations with the European Union (EU), India should seek deeper integration into European supply chains and present itself as an alternative to China, Niti Aayog Vice Chairman… Continue reading India should seek deeper integration into European supply chains: Niti VC
Tag: Mobility
Electric mobility startup Matter raises USD 10 mn
Electric mobility startup Matter on Friday said it has raised USD 10 million (nearly Rs 80 crore) in its latest round of funding from investors, including Capital 2B, a technology fund backed by Infoedge and Climate Angels Fund. The new investors now join the founders and existing investors, including Baring Private Equity Partners, the company… Continue reading Electric mobility startup Matter raises USD 10 mn
MG Motor inaugurates residential community EV chargers in Jaipur
MG Motor India on Friday said it has inaugurated the first two residential community SMART electric vehicle chargers in Jaipur as part of its plans to set up more such charging stations in the Rajasthan capital. Under the company’s MG Charge initiative, the automaker will install 1,000 AC fast chargers at residential localities across India… Continue reading MG Motor inaugurates residential community EV chargers in Jaipur
Tamil Nadu to redesign engineering curriculum to suit EV sector requirements
CHENNAI: The Tamil Nadu government will assist electric mobility players to invest and set up shop in the state as the electric vehicle push will make it possible for the state to hit its $1 trillion economy target by 2030. According to Hans Raj Verma, IAS, CMD, Tamil Nadu Industrial Investment Corporation, Chennai is already… Continue reading Tamil Nadu to redesign engineering curriculum to suit EV sector requirements
Kongsberg Automotive wins contract worth EUR 42.5 million in estimated lifetime revenue
Kongsberg Automotive’s Powertrain and Chassis (P&C) business segment has secured a contract worth EUR 42.5 million in estimated lifetime revenue and average annual revenue of EUR 6.1 million. KA’s P&C business unit was awarded this seven-year contract for rear seat foldable head restraint mechanisms by a European auto manufacturer that produces passenger cars globally. These… Continue reading Kongsberg Automotive wins contract worth EUR 42.5 million in estimated lifetime revenue
Autonomous trucks on US highways by 2023
Autonomous trucks could be on Texas highways by 2023. The US state Texas wants to take a leadership role within the US for the deployment of autonomous driving. Therefore, the state took legal and administrative general conditions. A few gaps were left in the legal regulation. So could now autonomous trucks be on the highways… Continue reading Autonomous trucks on US highways by 2023
Autonomous driving with a memory?
Researchers at Cornell University have found a way to give autonomous driving a memory. the AI in autonomous driving, real traffic data is used trained, but she has no memory that keeps the data. You only learn from it. But that could change now. The vehicles always see the roads they drive on for the… Continue reading Autonomous driving with a memory?
Matter raises USD $10 million in fresh funds
Ahmedabad-based energy storage and e-mobility startup Matter said it has raised US$ 10 million (Rs 78.30 crore) in fresh funding. The new funding, it said, will be utilised towards the launch of its upcoming product lines, including both in e-mobility and energy storage products. After introducing its active-cooled, lithium-ion battery pack as well as its… Continue reading Matter raises USD $10 million in fresh funds
Top Car Stocks for Q3 2022
TechCrunch Einride to operate its cab-less autonomous pods on U.S. public roads Einride, the Swedish startup that wants to electrify the autonomous freight industry, will begin operating its purpose-built, self-driving pods on public roads in the U.S. this year as part of an existing partnership with General Electric Appliances (GEA). Einride’s pods are built without… Continue reading Top Car Stocks for Q3 2022
Polestar goes public amid uncertainty around EV stocks
Polestar is the latest electric vehicle company to go public, listing its stock on the Nasdaq exchange Friday after successfully merging with a special-purpose acquisition company, or SPAC. The company plans on using the $850 million in fresh capital to fund its three-year plan to make several new electric models and become profitable. The Swedish… Continue reading Polestar goes public amid uncertainty around EV stocks