Electrification ramp up accelerated: Contemporary Amperex Technology Co., Limited (CATL) plant marks the next milestone towards Mercedes-Benz’s goal of reaching production capacity of more than 200 Gigawatt hours at 8 global production sites by the end of decade European cells secured: Hungarian plant supports Mercedes-Benz local-for-local strategy through use of Hungary sourced CATL cells for… Continue reading @Daimler: Mercedes-Benz expands battery supply partnership with CATL on its way towards going Electric-Only
Tag: Mobility
@Hyundai: Hyundai Motor Group Launches Boston Dynamics AI Institute to Spearhead Advancements in Artificial Intelligence & Robotics
Hyundai Motor Group and Boston Dynamics to invest over $400 million to establish the new institute The Institute, led by founder of Boston Dynamics Marc Raibert, to invest resources across the technical areas of cognitive AI, athletic AI and organic hardware design, with each discipline contributing to progress in advanced machine capabilities The Institute to… Continue reading @Hyundai: Hyundai Motor Group Launches Boston Dynamics AI Institute to Spearhead Advancements in Artificial Intelligence & Robotics
@Groupe PSA: OP On the Death of a Visionary000406
Former Opel Development Director Friedrich W. (“Fritz”) Lohr died last Tuesday (9 August) at the age of 95. With his extraordinary commitment and visionary technical and entrepreneurial decisions, he significantly shaped Opel vehicle development in the 1970s and 1980s. With the Kadett D, he introduced front-wheel drive at Opel in 1979. It was a groundbreaking… Continue reading @Groupe PSA: OP On the Death of a Visionary000406
Greaves Cotton Q1 FY23 PAT at INR 16 cr; posts highest ever quarterly revenue of INR 660 cr
New Delhi: Greaves Cotton Limited on Friday reported consolidated revenues of INR 660 crore in Q1 FY23, recording a healthy YoY growth of 188% over Q1 FY22. The Company reported improved growth in profit with EBITDA at INR 38 crores and PAT of INR 16 crores. The new businesses continue to see strong growth with… Continue reading Greaves Cotton Q1 FY23 PAT at INR 16 cr; posts highest ever quarterly revenue of INR 660 cr
Global Automotive V2X Market Vehicle Type, Key Players Analysis, Growth, Demands, Trend, Connectivity and Forecasts to 2028 – ReportsnReports
PUNE, India, Aug. 12, 2022 /PRNewswire/ — The global automotive V2X market is projected to grow from USD 2.6 billion in 2022 to USD 19.5 billion by 2028, at a CAGR of 39.7%. Parameters such as increase in demand for connected vehicles, along with increase in demand for autonomous mobility. In addition, the advancements in 5G… Continue reading Global Automotive V2X Market Vehicle Type, Key Players Analysis, Growth, Demands, Trend, Connectivity and Forecasts to 2028 – ReportsnReports
Tata Motors and SBI to offer EV inventory finance to dealers
L-R: Alok Kumar Choudhary, MD (Retail Business & Operations), State Bank of India; Dinesh Khara, Chairman, State Bank of India and Shailesh Chandra, MD, Tata Motors PVs & Tata Passenger E-Mobility. Tata Motors is fast upping the ante also on the electric vehicle front. The electric passenger vehicle market leader has joined forces with the… Continue reading Tata Motors and SBI to offer EV inventory finance to dealers
Satellite Connectivity Market to Reach $22.12 Billion, Globally, by 2031 at 7.3% CAGR: Allied Market Research
Rise in government investment in space exploration and increase in satellite launches drive the global satellite connectivity market. PORTLAND, Ore., Aug. 12, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Satellite Connectivity Market by Component (Video, Fixed, Mobility), by Orbit (Elliptical, GEO, LEO, MEO), by End User (Civil and Earth Observation, Government and… Continue reading Satellite Connectivity Market to Reach $22.12 Billion, Globally, by 2031 at 7.3% CAGR: Allied Market Research
Scooters/Bird: mobility craze crashes into the kerb
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@XPeng: XPENG Reveals G9 SUV Cabin and Next-Generation Features000076
GUANGZHOU, China–(BUSINESS WIRE)–XPeng Inc. (XPENG or the Company, NYSE: XPEV and HKEX: 9868) today unveils the interior and major features of the eagerly awaited G9, the company’s next all-electric SUV, prior to its launch in China this September. XPENG G9’s ultra-fast charging capabilities and intelligent features eliminate range anxiety, giving drivers and passengers access to… Continue reading @XPeng: XPENG Reveals G9 SUV Cabin and Next-Generation Features000076
CCR – Results for the 2nd quarter of 2022
SÃO PAULO, Aug. 11, 2022 /PRNewswire/ — 2Q22 X 2Q21 HIGHLIGHTS Consolidated vehicle traffic increased by 4%. Excluding ViaCosteira, NovaDutra, RioSP and RodoNorte, the increase was 8% in the period. The number of passengers transported in airports increased by 243.3% in the period. Excluding South and Central Blocks, the increase was 93% in the period.… Continue reading CCR – Results for the 2nd quarter of 2022