Berger study: Software costs are increasing

According to a Roland Berger study, the cost of software in cars will explode. The car is increasingly becoming a piece of hardware that software needs. Be it the assistance systems, the sensors or even autonomous driving. This and more is already being controlled by software today and this trend has not yet come to… Continue reading Berger study: Software costs are increasing

Micross Announces Global Distribution Partnership with EPC Space… Expands Rad-Hard Gallium Nitride (GaN) Power Device Offering

MELVILLE, N.Y., July 26, 2022 /PRNewswire/ — Micross Components, Inc. (“Micross”), a leading global provider of mission-critical microelectronic components and services for high-reliability aerospace, defense, space, medical, and industrial applications, is pleased to announce the expansion of our rad-hard microelectronics offering, as the authorized global distributor for EPC Space’s line of packaged radiation-hardened GaN-on-silicon transistors… Continue reading Micross Announces Global Distribution Partnership with EPC Space… Expands Rad-Hard Gallium Nitride (GaN) Power Device Offering

@Nio: NIO to Hold Annual General Meeting and Class Meetings on August 25, 2022000431

Jul 26, 2022 NIO to Hold Annual General Meeting and Class Meetings on August 25, 2022 SHANGHAI, China, July 26, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today published a notice to announce… Continue reading @Nio: NIO to Hold Annual General Meeting and Class Meetings on August 25, 2022000431

Drone Package Delivery Market: 56% of Growth to Originate from North America, Driven by Increased Use of Drones by E-Commerce Companies – Technavio

NEW YORK, July 26, 2022 /PRNewswire/ — The “Drone Package Delivery Market by Type (Hybrid wing, Fixed wing, and Rotary wing) and Geography (North America, Europe, APAC, South America, and the Middle East and Africa) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering… Continue reading Drone Package Delivery Market: 56% of Growth to Originate from North America, Driven by Increased Use of Drones by E-Commerce Companies – Technavio

Chasing green molecules, a moment of opportunity

By Dr Helge Sachs, Senior Vice President Sasol ecoFT JOHANNESBURG, July 26, 2022 /PRNewswire/ — Investment in mobility is increasing, not slowing down. Billions of dollars are being spent on researching and developing new technologies, like autonomous driving or the production of carbon neutral fuels for shipping, vehicles and aviation. This increased mobility will result… Continue reading Chasing green molecules, a moment of opportunity

IPS Group Introduces High-Precision Stereoscopic Vehicle Detection Sensors

New sensors integrate with IPS Single-Space Smart Parking Meters to generate turnover, increase revenue, enable complex rate structures, and maximize enforcement efficiencies. SAN DIEGO, July 26, 2022 /PRNewswire/ — IPS Group (“IPS”), a Smart Parking innovation leader, has launched the Stereoscopic Vehicle Detection Sensor as part of the Fully Integrated Smart Parking Ecosystem. The sensors integrate with… Continue reading IPS Group Introduces High-Precision Stereoscopic Vehicle Detection Sensors

KPIT bags $ 155 million worth of orders in Q1FY23

Pune-based KPIT says it bagged close to $155 million worth of orders during Q1FY23, a significant part of which came from architecture and middleware domain parts, electric powertrains, vehicle engineering and design work.  Kishor Patil, co-founder, CEO and MD, KPIT said the new engagement is pretty well balanced across the segment it operates in and will… Continue reading KPIT bags $ 155 million worth of orders in Q1FY23

Mercedes-Benz R&D India wins recognition as innovation factory

Mercedes-Benz Research and Development India (MBRDI) has been announced as a ‘Great Place to Innovate’ at the 13th edition of Zinnov Awards 2022. These annual awards recognise, honour, and celebrate the tech titans of the industry, focused on driving value creation from India across five key areas: organisation charter, culture, internal programs and processes, external linkages, and innovation metrics.… Continue reading Mercedes-Benz R&D India wins recognition as innovation factory

NIO to Hold Annual General Meeting and Class Meetings on August 25, 2022

SHANGHAI, China, July 26, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today published a notice to announce that it will hold an annual general meeting (the “AGM”) of shareholders (the “Notice of AGM”)… Continue reading NIO to Hold Annual General Meeting and Class Meetings on August 25, 2022

China battery maker Gotion raises $685m in Swiss listingGotion makes lithium-ion power batteries used in EVs and counts Volkswagen as a strategic part…

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…