AEye and CF Finance Acquisition Corp. III Announce Closing of Business Combination; AEye to Trade on Nasdaq as “LIDR” Beginning on August 18

“AEye’s transition to the public markets marks a key milestone in our corporate journey, enabling us to accelerate adoption of our high-performance, intelligent LiDAR system and accelerate our mission to bring safe autonomy to the masses.” Blair LaCorte, CEO, AEye Dublin, CA – August 16, 2021 – AEye, Inc. (“AEye”), the global leader in adaptive,… Continue reading AEye and CF Finance Acquisition Corp. III Announce Closing of Business Combination; AEye to Trade on Nasdaq as “LIDR” Beginning on August 18

At 26.5 Bn, Bicycle Component Aftermarket To Clock Ahead At 7% CAGR Through 2031 Due To Dramatic Increase In Bicycle Ownership During Pandemic Times

The bicycle components aftermarket study by Future Market Insights (FMI) offers riveting insights into key segments including component and bicycle. It underscores product launches as key strategy adopted by market players as they aim for expanding their footprint globally DUBAI, UAE, Aug. 17, 2021 /PRNewswire/ — As per the latest study by Future Market Insights (FMI),… Continue reading At 26.5 Bn, Bicycle Component Aftermarket To Clock Ahead At 7% CAGR Through 2031 Due To Dramatic Increase In Bicycle Ownership During Pandemic Times

Indian car service startup myTVS raises $50m funding from Exor …

myTVS, an online garage aggregator for automotive repair and maintenance services, has raised about $50 million (Rs 375 crore) from a fund managed by Exor, the holding company of Italy’s Agnelli family. myTVS will use the funds to scale up its online-to-offline business model, establish a pan India platform and build its cloud-based digital infrastructure… Continue reading Indian car service startup myTVS raises $50m funding from Exor …

Global EV Battery Market Size Is Projected To Reach At $84 Million By 2025 as Demand Climbs

FinancialNewsMedia.com News Commentary PALM BEACH, Fla., Aug. 17, 2021 /PRNewswire/ — Widespread global concerns regarding the negative effect of climate change along with alarming pollution levels recorded in major cities have created a significant demand for electric vehicles (EV). The rise in petrol and diesel prices has added to the demand for fuel-efficient vehicles. This… Continue reading Global EV Battery Market Size Is Projected To Reach At $84 Million By 2025 as Demand Climbs

At 15.6% CAGR, (ESVE) Electric Vehicle Supply Equipment Market Size was worth USD 14.04 Billion in 2020, Says Brandessence Market Research

PUNE, India, Aug. 17, 2021 /PRNewswire/ — Global Electric Vehicle Supply Equipment (ESVE) Market is valued around USD 14.04 Billion in 2020 with the CAGR of 15.6% over the forecast period. Global Electric Vehicle Supply Equipment (ESVE) Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2021-2027– Growing adoption of electric vehicles, supportive government… Continue reading At 15.6% CAGR, (ESVE) Electric Vehicle Supply Equipment Market Size was worth USD 14.04 Billion in 2020, Says Brandessence Market Research

HONK Enables Vault to Extend its Elevated Level of Customer Service to Auto Insurance Customers with a Roadside Assistance Solution

LOS ANGELES, Aug. 17, 2021 /PRNewswire/ — HONK Technologies, the industry-leading digital roadside assistance platform and vehicle transport company, announced today it has partnered with Vault, a fast-growing provider of personal insurance for successful individuals and families, by providing fast, next-generation roadside assistance services to Vault’s auto insurance members. Vault differentiates from other insurers by delivering… Continue reading HONK Enables Vault to Extend its Elevated Level of Customer Service to Auto Insurance Customers with a Roadside Assistance Solution

Jet Linx Accelerates M&A Strategy With Leadership Team Expansion

OMAHA, Neb., Aug. 17, 2021 /PRNewswire/ — Jet Linx, the only locally-focused, global private aviation company providing aircraft management, joint ownership and Jet Card membership services through its 20 locations nationwide, today announced the appointment of Paul Kloet as Director of Mergers & Acquisitions and the promotion of Jason Vanis from Senior Vice President to Senior… Continue reading Jet Linx Accelerates M&A Strategy With Leadership Team Expansion

Cyngn Names Don Alvarez New CFO and Adds Karen Macleod to the Board

MENLO PARK, Calif., Aug. 17, 2021 /PRNewswire/ — Cyngn, the industrial autonomous vehicle technology developer, today announced the addition of Don Alvarez as Chief Financial Officer, and Aréte founder, Karen Macleod, to Cyngn’s Board of Directors.  Continue Reading Cyngn, Inc. “I am pleased to welcome Don to the Cyngn team,” said Lior Tal, Chief Executive Officer of Cyngn.… Continue reading Cyngn Names Don Alvarez New CFO and Adds Karen Macleod to the Board

Disruptions fuel India’s ER&D opportunities

Digitalisation is on the rise. A greater degree of software processes were used to make the Renault Kiger and Nissan Magnite production-ready. India’s software industry, which is of a global calibre and scale, has given a big fillip to brand India. The country’s engineering & R&D (ER&D) industry strives to do something similar. As the… Continue reading Disruptions fuel India’s ER&D opportunities

Mobis India appoints Yong Goon Park as MD, Aftersales Parts

Mobis India, a well-established player in manufacturing high quality automotive parts, accessories and mobility solutions for Hyundai and Kia in India and worldwide, has appointed Yong Goon Park as Managing Director, Aftersales Parts Division.  Yong Goon Park will be based in Gurugram, Haryana at the Mobis India – Head Office where he will lead the… Continue reading Mobis India appoints Yong Goon Park as MD, Aftersales Parts