Chinese battery maker Gotion High Tech Co raised $685 million in a public share sale on the SIX Swiss Exchange, joining other Chinese firms rushing to tap an expanded stock connect program. GEM Co Ltd, a battery and material recycler, also completed a share sale in Switzerland, raising $346 million. Gotion sold 22.83 million global depository receipts (GDRs),… Continue reading China battery maker Gotion raises $685m in Swiss listingGotion makes lithium-ion power batteries used in EVs and counts Volkswagen as a strategic part…
Tag: Mobility
Kodiak Robotics Names 10 Roads Express as a Partner; Expands Autonomous Freight Service to Florida
To launch this partnership, Kodiak completed a round trip consisting of four commercial deliveries, including a coast-to-coast commercial run. A Kodiak autonomous truck carried 10 Roads Express freight nearly 5,600 miles from San Antonio, Texas; to the San Francisco Bay Area; to Jacksonville, Florida; and back to San Antonio. The route was completed in just… Continue reading Kodiak Robotics Names 10 Roads Express as a Partner; Expands Autonomous Freight Service to Florida
Electric powertrain growth power KPIT’s Q1 profit
KPIT, a leading partner for developing software-defined vehicles, reported its net profit growing by 41.79 percent to Rs 85.43 crore during Q1FY23 as against Rs 60.25 crore during the corresponding period of Q1FY22 and 6 percent on sequential basis to Rs 80.5 during Q4FY22 led by growth in electric powertrain, architecture and middleware domains. According to Kishor Patil,… Continue reading Electric powertrain growth power KPIT’s Q1 profit
EV share in auto parts to be 9-11% by FY2027: CRISIL
The automotive component manufacturing industry will be the beneficiary of growing demand for electric vehicles in India. Recent FADA retail sales data reveals that cumulative EV sales across four segments – cars, two- and three-wheelers and commercial vehicles – soared by an estimated 686% to 211,398 units in the April-June 2022 period (Q1 FY2022: 26,833… Continue reading EV share in auto parts to be 9-11% by FY2027: CRISIL
Volvo India launches 414km-range XC40 Recharge at Rs 55.90 lakh
Volvo Car India today launched its pure electric XC40 Recharge SUV, which will be the first locally assembled luxury electric vehicle in India. Priced at Rs 55.90 lakh (ex-showroom), it is Rs 11.40 lakh more expensive than its petrol-engined sibling. The Volvo XC40 Recharge gets a 78kWh battery capable of 150kW DC fast charging that… Continue reading Volvo India launches 414km-range XC40 Recharge at Rs 55.90 lakh
Eaton is bullish on e-mobility
Eaton, the New York Stock Exchange listed intelligent power management company expects its e-mobility business to become the new DNA going forward while co-existing with its current vehicle business. Shailendra Shukla, Managing Director, Vehicle Group, Eaton India told Autocar Professional that e-mobility is being treated with separate focus at product and other levels by virtue of the apparent shift in demand towards it. “We… Continue reading Eaton is bullish on e-mobility
Toro Launches Mowbnb, First-Ever Property Rental Platform to Trade Free Stays for Yardwork
Introducing mowbnb, a limited time property booking platform featuring one-of-a-kind houses in popular summer vacation destinations: the Hamptons, Austin, Miami, San Francisco and Charlotte. Whether it’s families who want to make warm-weather memories before school starts, or friends looking for some R&R, the available properties feature a range of state-of-the-art amenities, from pools and Jacuzzis… Continue reading Toro Launches Mowbnb, First-Ever Property Rental Platform to Trade Free Stays for Yardwork
Arbe to Announce Q2 2022 Financial Results on Aug. 16
TEL AVIV, Israel, July 26, 2022 /PRNewswire/ — Arbe Robotics Ltd. (NASDAQ: ARBE) (“Arbe”), a global leader in Perception Radar Solutions, today announced that it will hold its second quarter 2022 conference call on Tuesday, Aug. 16 at 8:30 a.m. Eastern Time. The company will issue its earnings release before the market opens that same day.… Continue reading Arbe to Announce Q2 2022 Financial Results on Aug. 16
DENSO CASE (Connectivity, Automation, Sharing and Electrification) Layout Analysis Report 2022: Toyota Contributes Over 50% to DENSO’s Revenue
DUBLIN, July 26, 2022 /PRNewswire/ — The “DENSO CASE (Connectivity, Automation, Sharing and Electrification) Layout Research Report, 2022” report has been added to ResearchAndMarkets.com’s offering. DENSO CASE Research: The semiconductor business will help it go “from Toyota to the world” ResearchInChina has released DENSO CASE (Connectivity, Automation, Sharing and Electrification) Layout Research Report, 2022 to… Continue reading DENSO CASE (Connectivity, Automation, Sharing and Electrification) Layout Analysis Report 2022: Toyota Contributes Over 50% to DENSO’s Revenue
ACI / Istat: road accident report year 2021
26.07.2022 Covid 19 effect: more accidents, deaths and injuries than in 2020. Fewer when compared with 2019 ACCIDENTS: 151.875 = + 28.4% (-11.8% on 2019) DEATHS: 2.875 = + 20% (-9.4% on 2019) INJURIES: 204.728 = + 28.6% (-15.2% on 2019) SOCIAL COSTS With new calculation method: € 16.4 billion (0.9% GDP) At 2010 values:… Continue reading ACI / Istat: road accident report year 2021