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
Tag: Mobility
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
Greaves Electric allots 35.80% stake to Abdul Latif Jameel for his $150-mn capital infusion
Greaves Electric Mobility Mumbai: Greaves Electric Mobility has allotted 35.80% stake to global investor Abdul Latif Jameel for his USD 150-million capital infusion in the company, by way of preferential allotment through private placement basis. Greaves Electric Mobility Pvt Ltd, which manufactures two and three-wheelers, is the e-mobility subsidiary of diversified engineering company Greaves Cotton.… Continue reading Greaves Electric allots 35.80% stake to Abdul Latif Jameel for his $150-mn capital infusion
Samsung Display to supply 4 million OLEDs for vehicles to BMW
To be equipped onto the mass produced 2024 ‘high-end sedan’Looking to supply Audi for its new modelsHigh profitability… Stable sales expectedLaying the foundations to make an impact in the indu Samsung Display will supply organic light emitting diode (OLED) displays for vehicles to BMW, a European automaker. This is seen as a major move, as… Continue reading Samsung Display to supply 4 million OLEDs for vehicles to BMW
@Groupe PSA: OP the time is right000387
The lettering “HYDROGEN” gives it away: No ordinary Opel Vivaro-e are parked in front of the M55 on the Rüsselsheim factory premises – they are small power plants on wheels. The electricity that powers the vans is not stored in large batteries. Instead, it is generated while driving. There are three hydrogen tanks (in the… Continue reading @Groupe PSA: OP the time is right000387