Support of governments to attract large OEMs for the expanding automobile industry to create ample opportunities in Asia Pacific automotive oil pump market Increasing adoption of cobots for automation of production and assembly lines necessitate adherence to OSHA guidelines to avoid accidents ALBANY, N.Y. , May 25, 2022 /PRNewswire/ — Analysts at TMR estimate the automotive oil… Continue reading Revenue of Automotive Oil Pump Market to cross US$ 22.68 Bn by 2031, TMR Study
Tag: Mobility
Didi Global faces rocky path to growth after getting US delisting nod
Didi Global may have ensured its survival after winning shareholders’ nod for a U.S. stock delisting but a quick return to growth won’t be easy for the Chinese ride-hailer as it still faces regulatory scrutiny and as COVID-19 has hurt the business. Didi‘s U.S. withdrawal less than a year after its debut there is seen as an attempt to appease regulators angered by its move to push ahead with a $4.4… Continue reading Didi Global faces rocky path to growth after getting US delisting nod
Two senior Grab execs quit as company rejigs unit to stem losses
Two top executives at Grab Holdings’ fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said. Chris Yeo, who heads Grab‘s payments and rewards business and has been with the company for nearly six years, is leaving along with Jeffrey Goh, who leads the payments gateway business, the sources familiar with the matter told… Continue reading Two senior Grab execs quit as company rejigs unit to stem losses
Apple’s secretive car project loses yet another top executive
Christopher “CJ” Moore, the former Tesla Autopilot software engineer who left to join Apple’s secretive car project last year, has left Apple to join Luminar, an Orlando, Florida-based lidar company, as its new head of software, the company announced. Moore only lasted seven months at Apple. Moore is among a group of top executives from… Continue reading Apple’s secretive car project loses yet another top executive
Faurecia Exploring Asset Sales After Hella Deal Completion
(Bloomberg) — Faurecia SE is exploring the sale of some non-core assets after completing its purchase of German automotive supplier Hella GmbH, according to people familiar with the matter. Most Read from Bloomberg The French auto parts group is working with advisers as it weighs selling its emissions-control unit and Hella’s special applications division, the… Continue reading Faurecia Exploring Asset Sales After Hella Deal Completion
Kenya’s MotiSure rides on micro-payments to drive personal mobility insurance growth
Affordability is one of the biggest impediments for insurance penetration in Kenya. Often, policy holders are required to make one-off payments for long-term covers, and the quoted sums are usually beyond the reach of most people. It is this gap that Kenyan insurtech MotiSure is working to seal. The startup, which targets motorcycle taxi (boda… Continue reading Kenya’s MotiSure rides on micro-payments to drive personal mobility insurance growth
Key role for simulation in manufacturing of electric motors
With a global shift taking place towards electric-powered mobility, the need of the hour is an agile approach in the R&D of electric motors. This is where simulation comes to play. This was the essence of a comprehensive presentation hosted by Autocar Professional in partnership with COMSOL, where Dr Rahul Bhat, Senior Applications Engineer, explained the use of Multiphysics Simulation which reduces… Continue reading Key role for simulation in manufacturing of electric motors
What Didi’s ‘train wreck’ delisting means for US-listed Chinese companies
Just 11-months after making a splash in a $4.4 billion IPO, Didi shareholders made official Monday what has long been considered inevitable and approved a plan to delist its shares from the New York Stock Exchange. With formal paperwork now set to be filed with the Securities and Exchange Committee on June 2nd, Didi becomes… Continue reading What Didi’s ‘train wreck’ delisting means for US-listed Chinese companies
Gates Expands and Upgrades Innovative Carbon Drive™ Product Line to Deliver Leading-Edge Belt-Drive Technology for Next-Generation Bikes and E-Bikes
“Chain-to-Belt” movement accelerates with global growth in personal mobility and electrification of bicycle drivetrains DENVER , May 25, 2022 /PRNewswire/ — Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions – and a pioneer in belt-driven micromobility – continues to invest in and has expanded its… Continue reading Gates Expands and Upgrades Innovative Carbon Drive™ Product Line to Deliver Leading-Edge Belt-Drive Technology for Next-Generation Bikes and E-Bikes
Compact E-Scooter Market to reach US$ 806.3 by 2032 – Comprehensive Research Report by FMI
Compact E-Scooter Market Report 2022 – Price is becoming an important factor in the purchasing decisions of many people, as the economy presents challenges to the average consumer. This has resulted in many people looking for ways to save money, and one popular way is to purchase a compact e-scooter. NEWARK, Del., May 25, 2022… Continue reading Compact E-Scooter Market to reach US$ 806.3 by 2032 – Comprehensive Research Report by FMI