Representative Image New Delhi: USD 1.7 billion was invested in the EV industry in 2021 by PE/VC investors. This amount has reached USD 666 million in 2022 so far. Meanwhile, the EV industry is likely to create more than 10Mn direct jobs and 50Mn indirect jobs by 2030, says a recently launched IVCA-EY-Induslaw report. “While… Continue reading EV sales in India to cross 9 million units by 2027: Report
Tag: Mobility
Goa to stop offering EV subsidy from July 31
The Department of New & Renewable Energy, Government of Goa, has issued a notice announcing that it will stop offering subsidies for electric vehicles (EVs) in the state, with effect from July 31, 2022. This makes Goa the first state in the country to discontinue subsidies for EVs. The Goa Electric Mobility Policy was introduced… Continue reading Goa to stop offering EV subsidy from July 31
ARCHER SELECTS HONEYWELL FOR SUPPLY OF ACTUATORS AND CLIMATE SYSTEM TECHNOLOGY FOR ITS PRODUCTION AIRCRAFT, ADDING TO ITS GROWING SUPPLY BASE OF AEROSPACE INDUSTRY LEADERS
The relationship demonstrates Archer’s continued momentum as it moves toward its goal of achieving Type Certification of its production aircraft in 2024 SANTA CLARA, Calif. and PHOENIX, July 27, 2022 /PRNewswire/ — Archer Aviation Inc. (“Archer”) (NYSE: ACHR) has entered into an agreement with Honeywell (NASDAQ: HON) covering the supply of flight control actuation and thermal management… Continue reading ARCHER SELECTS HONEYWELL FOR SUPPLY OF ACTUATORS AND CLIMATE SYSTEM TECHNOLOGY FOR ITS PRODUCTION AIRCRAFT, ADDING TO ITS GROWING SUPPLY BASE OF AEROSPACE INDUSTRY LEADERS
Jiuzi Holdings Inc. Recruits Five New Franchisees in Guangxi
HANGZHOU, China, July 27, 2022 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN; the “Company”), a leading new energy vehicle (NEV) dealership group under the brand name “Jiuzi” in China, today announced that its operating entity, Hangzhou Zhitongche Technology Limited (“Zhitongche”), has added five new franchisees in Guangxi Zhuang Autonomous Region (“Guangxi”), China since the execution… Continue reading Jiuzi Holdings Inc. Recruits Five New Franchisees in Guangxi
Innoviz Sets Second Quarter 2022 Conference Call for Wednesday, August 10 at 9:00 a.m. ET
TEL AVIV, Israel, July 27, 2022 /PRNewswire/ — Innoviz Technologies (NASDAQ: INVZ), a leading provider of high performance, solid-state LiDAR sensors and perception software, will host a conference call and webinar on Wednesday, August 10 at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss its operational and financial results for the second quarter ended June… Continue reading Innoviz Sets Second Quarter 2022 Conference Call for Wednesday, August 10 at 9:00 a.m. ET
@Geely: Wed 27 Jul 2022Need to ‘invent big and implement fast’? Unique Lotus Engineering and Iprova partnership brings AI-accelerated approach to transportat…
Pioneering collaboration combines AI-enabled invention tech with engineering expertise Iprova supports creation of breakthrough inventions, Lotus Engineering adds proof of concept, design and engineering of products based on them Targeting the transportation sector in its widest sense – from e-scooters to autonomous trucks Hethel, UK and Lausanne, Switzerland – 1000 BST, Wednesday 27 July 2022… Continue reading @Geely: Wed 27 Jul 2022Need to ‘invent big and implement fast’? Unique Lotus Engineering and Iprova partnership brings AI-accelerated approach to transportat…
German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004863
Mercedes-Benz’s luxury strategy paid off for the automaker in the difficult second quarter. In its passenger car division, Mercedes achieved a return on sales of over 14 percent after 15 percent in the first quarter. Overall, sales increased by seven percent to EUR 36.4 billion, and the EBIT margin rose by six percent to EUR… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004863
Wiferion Enters into Global License Agreement with WiTricity for Industrial Wireless Charging Applications
“We are happy to see Wiferion join our other licensees to further the possibilities for wireless charging,” said Alex Gruzen, CEO, WiTricity. “We are proud to see our pioneering technology help fuel the future of industrial automation and look forward to partnering with Wiferion to accelerate growth in the industry.” Powering Efficiencies and Minimizing Supply… Continue reading Wiferion Enters into Global License Agreement with WiTricity for Industrial Wireless Charging Applications
@Daimler: 27. Jul 2022Mercedes-Benz Q2 profit increase driven by strong demand and favourable model mix
Mercedes-Benz Q2 profit increase driven by strong demand and favourable model mix. | Mercedes-Benz Group > Investors > Reports & News > Interim Reports > Q2 2022 Mercedes-Benz AG Mercedesstraße 12070372 StuttgartGermany Phone: +49 7 11 17-0E-Mail: dialog@mercedes-benz.com Represented by the Board of Management:Ola Källenius (Chairman), Jörg Burzer, Renata Jungo Brüngger, Sabine Kohleisen, Markus Schäfer,… Continue reading @Daimler: 27. Jul 2022Mercedes-Benz Q2 profit increase driven by strong demand and favourable model mix
AUTOCRYPT’s Smart-Billing EV Charger “Q Charger” Receives OCPP 1.6 Certification
The Q Charger is a charger designed for shared usage, and users can scan the unique QR code located on each charger via AUTOCRYPT’s charger information app, after which payment will be processed within the app using the registered payment card. The charger’s built-in authentication module securely verifies the user’s identity and payment status before… Continue reading AUTOCRYPT’s Smart-Billing EV Charger “Q Charger” Receives OCPP 1.6 Certification