Rise in investments in railway infrastructure development, increase in environmental concerns, and surge in demand for public transport services drive the growth of the global hydrogen fuel cell train market. PORTLAND, Ore., Aug. 3, 2022 /PRNewswire/ — Allied Market Research published a report, titled, “Hydrogen Fuel Cell Train Market by Application (Passenger Train, Freight Train, Others), by Technology (Proton… Continue reading Hydrogen Fuel Cell Train Market to Reach $26.41 Billion, Globally, by 2035 at 28.2% CAGR: Allied Market Research
Tag: Mobility
Volvo Buses India launches 9600 platform
Volvo Buses India, a division of VE Commercial Vehicles Limited, has launched the next-gen Volvo 9600 platform which will spawn factory-built sleeper and seater coaches in 15 metre 6×2 and 13.5 metre 4×2 configurations. The Volvo 9600 has been derived from award-winning European design has its tall boy design marries fine aesthetics with generous space, the company said… Continue reading Volvo Buses India launches 9600 platform
Uber tie-up with Omio adds train & coach booking to app — starting with UK
Uber is testing adding train and coach travel to its app in the UK so customers can book longer distance ground travel via a fully integrated tie-up with Berlin-based multimodal travel platform, Omio. The latter has built up its own consumer facing apps for booking intercity and international travel, across a wide variety of supported… Continue reading Uber tie-up with Omio adds train & coach booking to app — starting with UK
Uber’s ride with Indian food delivery firm Zomato comes to an end
Uber’s ride with Zomato has concluded. The ride-hailing firm sold its 7.8% stake in the lossmaking food delivery firm on Wednesday for over $390 million, a person familiar with the matter said, becoming the latest large institutional investor to exit the Indian firm. The U.S. firm, which reported a net loss of $2.6 billion for… Continue reading Uber’s ride with Indian food delivery firm Zomato comes to an end
Automotive Steer-by-wire System Market- Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast, Incorporation of an active steering system in SBW to boost market growth – Technavio
NEW YORK, Aug. 3, 2022 /PRNewswire/ — According to the latest market research report titled Automotive Steer-by-wire System Market, segmented by Technology (Backup mechanical and Pure electronic) and Geography (APAC, North America, Europe, South America, and the Middle East and Africa) from Technavio, the market is expected to expand by USD 192.49 million. The growth… Continue reading Automotive Steer-by-wire System Market- Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast, Incorporation of an active steering system in SBW to boost market growth – Technavio
German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918
Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says: “I think I’m a long way from buying a Chinese car.” A little later, two of the four interviewees in the… Continue reading German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918
Velocia Raises $2.5M in Funding
Velocia, a Toronto, Canada-based software-as-a-service (SaaS) provider for a mobility rewards platform, raised $2.5m in growth funding. WindSail Capital Group made the investment. Led by David Winterstein, CEO, Velocia Velocia is a SaaS mobility rewards platform designed to incentivize and reward people for their daily commutes. It uses rewards to encourage people to get out of single-occupant vehicles… Continue reading Velocia Raises $2.5M in Funding
Eaton to hone focus on e-mobility
Eaton expects its electric mobility business to become the new driving force going forward. Shailendra Shukla, Managing Director, Vehicle Group, Eaton India told Autocar Professional that e-mobility will now see greater focus keeping in line with shift in demand. “We are treating it separately as we want to make it big,” he said. Shukla, who took charge of the vehicle… Continue reading Eaton to hone focus on e-mobility
@BMW: Profitable first half-year – BMW Group stays on course in difficult environment002165
1st half-year: Group EBT totals € 16.2 billion (EBT margin: 24,5%) 1st half-year: EBIT margin Auto of 8.5% (excluding consolidation effects related to BBA: 12.6%) 2nd quarter: Free cash flow of €3 billion in Auto Segment Annual outlook for EBIT margin in auto segment confirmed: 7-9% BEV sales more than double in 1st half-year (+110.3%) Persistent… Continue reading @BMW: Profitable first half-year – BMW Group stays on course in difficult environment002165
Joe Elliott MBE Joins IT Consultancy Kagool as an Associate Director
COVENTRY, England, Aug. 3, 2022 /PRNewswire/ — Kagool is delighted to welcome Joe Elliott MBE as an Associate Director. Joe is well known locally in Coventry and throughout the Motor Industry and sporting world, brining a significant amount of executive expertise based on his roles in the Automotive industry and within Football Clubs. Joe commented,… Continue reading Joe Elliott MBE Joins IT Consultancy Kagool as an Associate Director