Outrageous Gas Prices Fuel Demand for Electric Vehicles

FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, May 25, 2022 /PRNewswire/ — Gas prices continue to test record highs, surpassing $4 per gallon in the US and $2 per liter across Canada for the first time, which is fueling rampant demand for electric vehicles across North America. For perspective, sales of plug-in electric vehicles… Continue reading Outrageous Gas Prices Fuel Demand for Electric Vehicles

ABB acquires controlling stake in India’s Numocity

Representative Image New Delhi: Global technology company ABB today announced that its E-mobility division acquired a controlling stake in Numocity, a digital platform for electric vehicle charging in India. ABB will increase its shareholding to a controlling majority of 72% and has the right to become sole owner by 2026, a company statement said. However,… Continue reading ABB acquires controlling stake in India’s Numocity

India, Korea must discuss bilateral cooperation on EVs: Ambassador Jae-bok

South Korean Ambassador to India Chang Jae-bok on Wednesday said it is crucial for both nations to discuss the prospects and potential of bilateral cooperation in the electric vehicle industry as it is undergoing a historical transition. Pointing out that internal combustion engine regulations are becoming stricter, reflecting the willingness to phase out such engines… Continue reading India, Korea must discuss bilateral cooperation on EVs: Ambassador Jae-bok

OPINION: Future of decarbonised solutions in India

India is among the world’s biggest carbon dioxide emitters, behind China and the United States. The per capita emissions in the country rose from 0.39 metric tons in 1970 to a high of 1.87 metric tons in 2019. While the power sector in India is the highest emitter of greenhouse gases in the country, this… Continue reading OPINION: Future of decarbonised solutions in India

KPIT inks pact with UK-based vehicle diagnostics firm

KPIT Technologies, a leading software provider for the automotive and mobility ecosystem has announced its partnership with SOMIT solutions, a UK cloud-based vehicle diagnostics specialist. Given the shortage of trained and certified service technicians due to rapidly evolving software-centric architectures, high-tech automotive engineering, and an increase in vehicle complexity, SOMIT ‘s cloud-based vehicle diagnostics platform… Continue reading KPIT inks pact with UK-based vehicle diagnostics firm

Pumpumpum bets big big on leased vehicles

Gurugram-based Pumpumpum, a platform for leasing vehicles plans is targeting 2,500 cars by the end of the current fiscal, and around 30,000 cars over the next three years. In fiscal 2022, the company was able to lease 500 cars. While the concept of buying a vehicle on lease rather than owning it has yet to… Continue reading Pumpumpum bets big big on leased vehicles

Hyundai Group targets a 10 billion dollar investment for green solutions in US

Hyundai Motor Group and the US state of Georgia at the signing ceremony for the new EV plant. The Hyundai Motor Group (HMG) has said it will increase its investment to more than $ 10 billion by 2025 to further its goal to lead sustainable and smart mobility solutions in the American car market. In… Continue reading Hyundai Group targets a 10 billion dollar investment for green solutions in US

@BMW: The House of BMW in Milan: BMW Group Design and Mike Meiré present “Tales from a Neo Collective Future” at the Salone del Mobile.002015

Milan. How can we design technologies that respond to human needs, given the challenges of the modern world? The House of BMW has come up with some answers. Located in the heart of Milan’s fashion district, the company’s dialogue hub will transform into an experimental artistic space for the Salone del Mobile on 7 –… Continue reading @BMW: The House of BMW in Milan: BMW Group Design and Mike Meiré present “Tales from a Neo Collective Future” at the Salone del Mobile.002015

@BMW: BMW Group creates closed recycling loop for high-voltage batteries in China002013

Munich/Shenyang. The BMW Group is stepping up its commitment to achieving climate neutrality and massively expanding its use of secondary material in closed recycling loops. For the first time in China, the BMW Brilliance Automotive joint venture (BBA) has established a closed loop for reuse of the raw materials nickel, lithium and cobalt from high-voltage… Continue reading @BMW: BMW Group creates closed recycling loop for high-voltage batteries in China002013

Arbe to Participate at Upcoming Investor Conferences

TEL AVIV, Israel, May 25, 2022 /PRNewswire/ — Arbe Robotics Ltd. (NASDAQ: ARBE), a global leader in next-generation 4D Imaging Radar Solutions, today announced that Kobi Marenko, Co-Founder and Chief Executive Officer, will be participating in the following investor conferences: Needham 6th Annual Virtual Automotive Technology ConferenceFormat: Virtual presentation and one-on-one meetings When: Tuesday, June… Continue reading Arbe to Participate at Upcoming Investor Conferences