Localisation and a sustainable EV push came across as the dominant theme at SIAM’s 61st Annual Convention, which was held virtually. Kenichi Ayukawa, president, SIAM and MD & CEO, Maruti Suzuki India said the key enablers to bring about a growth revival involves a “move further towards Atmanirbhar Bharat. SIAM and ACMA are working to further… Continue reading Localisation vital as Indian OEMs drive into electric avenue
Tag: Mobility
Iberdrola and the Valencian Federation of Municipalities and Provinces are committed to sustainability
August 25, 2021 Posted by: Jorge Platero Categories: Faconauto News, partners Both entities have signed an agreement to promote self-consumption and electric mobility. Iberdrola, a strategic partner of Faconauto, and the Valencian Federation of Municipalities and Provinces (FVMP) are committed to promoting sustainability with the signing of a collaboration agreement. They will carry out activities… Continue reading Iberdrola and the Valencian Federation of Municipalities and Provinces are committed to sustainability
Electric Power Steering Market worth $32.2 billion by 2026 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 25, 2021 /PRNewswire/ — According to the new market research report “Electric Power Steering Market By Component, Type (Ceps, Peps, Reps), Mechanism (Collapsible, Rigid), Motor Type, Application, Off-Highway (Construction, Agricultural), EV (BEV, PHEV, HEV), EV Gear Type, And Region”, published by MarketsandMarkets™, the global Electric Power Steering Market is projected to grow at a… Continue reading Electric Power Steering Market worth $32.2 billion by 2026 – Exclusive Report by MarketsandMarkets™
@Daimler: 24. Aug 2021Mercedes-Benz to focus its development organisation with new Chief Software Officer
August 24, 2021 – Mercedes-Benz is adapting its development organisation to focus on two key topics of the Mercedes-Benz strategy – vehicle software and electrification – with the objective of further enhancing its position as a leading technology company in the automotive luxury segment. Following his extremely successful work at various companies and most recently… Continue reading @Daimler: 24. Aug 2021Mercedes-Benz to focus its development organisation with new Chief Software Officer
@niche: Xos, Inc. to Ring Nasdaq Closing Bell Today001169
LOS ANGELES, Aug. 24, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (“Xos”) (Nasdaq: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today announced that management will participate in a closing bell ceremony at the Nasdaq Stock Market today, August 24, 2021, in celebration of Xos’ listing its common shares on… Continue reading @niche: Xos, Inc. to Ring Nasdaq Closing Bell Today001169
PM Modi says India remains firmly committed to move forward with goal of clean, modern mobility
New Delhi: Prime Minister Narendra Modi on Wednesday said holistic steps are being taken for the value chain associated with automobile manufacturing so that the industry becomes more productive and sustainable. In a message to the auto industry body Society of Indian Automobile Manufacturers (SIAM) on its 61st Annual Convention, the Prime Minister also stated… Continue reading PM Modi says India remains firmly committed to move forward with goal of clean, modern mobility
@Hyundai: Zero Emission Mobility Documentary – A Better Way Episode 3 | Hyundai x Discovery
Play Hyundai and Discovery present “A Better Way” – a series of documentary shorts which focuses on the pioneering spirit that enables technological breakthroughs in zero emission mobility. In the third episode of A Better Way, Bertrand Piccard takes a trip to Monaco, the spiritual home of motorsport and home to one of the most… Continue reading @Hyundai: Zero Emission Mobility Documentary – A Better Way Episode 3 | Hyundai x Discovery
World NM: Japan’s Mitsui insurance ups investment in Israel’s Upstream Security001500
Japan’s Mitsui Sumitomo Insurance Co. (MSI) has increased its investment in Israeli automotive cybersecurity startup Upstream Security, the companies announced on Tuesday, bringing Upstream’s Series C funding up to $62 million. New investors in the now-completed C round included Israeli insurance company IDI Insurance, 57 Stars’ NextGen Mobility Fund, and French investment club La Maison… Continue reading World NM: Japan’s Mitsui insurance ups investment in Israel’s Upstream Security001500
FADA’s 2021 Conclave is a high-powered event
The Federation of Automobile Dealers Associations (FADA) hosted the third edition of the Auto Retail Conclave in New Delhi on the theme of ‘Thriving Through Disruption’. Participants included Indian and global automakers, industry stalwarts as well as FADA members from across India. Chief guest, Union Minister Dr Mahendra Nath Pandey, Minister of Heavy Industries, inaugurated the conclave along with Amitabh… Continue reading FADA’s 2021 Conclave is a high-powered event
Musk admits Full Self-Driving system ‘not great,’ blames a single stack for highway and city streets
It hasn’t even been a week since Tesla hosted its AI Day, a livestreamed event full of technical jargon meant to snare the choicest of AI and vision engineers to come work for Tesla and help the company achieve autonomous greatness, and already CEO Elon Musk is coming in with some hot takes about the… Continue reading Musk admits Full Self-Driving system ‘not great,’ blames a single stack for highway and city streets