Ola Electric has announced a big-ticket investment of US$ 500 million (Rs 3994.5 crore) to set up a state-of-the-art Battery Innovation Center (BIC) in Bangalore. The company claims “BIC will be one of the world’s largest and most advanced cell R&D facilities with more than 165 unique and cutting-edge lab equipment to cover all aspects… Continue reading Ola to invest Rs 4,000 crore in Battery Innovation Centre in Bengaluru
Tag: Mobility
BharatBenz set to fire on all cylinders
When Daimler India Commercial Vehicles (DICV) recently celebrated its 10th anniversary at its Oragadam plant near Chennai, its employees were literally over the moon. As Satyakam Arya, MD & CEO recalls, it was a “wonderful day” where people felt truly elated. “The Indian market is not for the fainthearted. Look how we have played this… Continue reading BharatBenz set to fire on all cylinders
Autocar Professional’s South India Special is out!
The July 15 2022 issue of Autocar Professional is a ‘South India Special’. The southern part of the country, be it Tamil Nadu, Karnataka, Telangana or Andhra Pradesh have been attracting big ticket investment from key auto manufacturers. The Chennai-Bangalore industrial corridor is a key automotive hub in the country now. Andhra Pradesh and Telangana… Continue reading Autocar Professional’s South India Special is out!
German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004745
Porsche will Investoren den für das Jahresende geplanten Börsengang schmackhaft machen – und zwar mit einem starken Wachstum und mehr Unabhängigkeit von der Konzernmutter Volkswagen. „Porsche befindet sich in einer einzigartigen Marktposition“, sagte Vorstandschef Oliver Blume am Montag auf einem Investorentag.Einerseits biete Porsche Exklusivität und verbinde dabei Luxus mit Sport. Mit einer Jahresfertigung von 300.000… Continue reading German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004745
ROLLS-ROYCE & HYUNDAI MOTOR GROUP SIGN MOU TO LEAD THE WAY IN THE ADVANCED AIR MOBILITY MARKET USING ALL-ELECTRIC PROPULSION AND HYDROGEN FUEL CELL TECHNOLOGY
The Memorandum of Understanding (MOU) between Rolls-Royce and Hyundai Motor Group includes five strategic aims: Collaborating on the technology development and requirements of power and propulsion systems for Hyundai’s Advanced Air Mobility Division. Collaborating on the industrialisation of Rolls-Royce power and propulsion systems for the Advanced Air Mobility market. Development of electric propulsion systems based… Continue reading ROLLS-ROYCE & HYUNDAI MOTOR GROUP SIGN MOU TO LEAD THE WAY IN THE ADVANCED AIR MOBILITY MARKET USING ALL-ELECTRIC PROPULSION AND HYDROGEN FUEL CELL TECHNOLOGY
German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004744
Porsche will Investoren den für das Jahresende geplanten Börsengang schmackhaft machen – und zwar mit einem starken Wachstum und mehr Unabhängigkeit von der Konzernmutter Volkswagen. „Porsche befindet sich in einer einzigartigen Marktposition“, sagte Vorstandschef Oliver Blume am Montag auf einem Investorentag.Einerseits biete Porsche Exklusivität und verbinde dabei Luxus mit Sport. Mit einer Jahresfertigung von 300.000… Continue reading German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004744
@FCA: Free2move Becomes a World Leader in Mobility With Acquisition of Share Now
July 18, 2022 , Amsterdam – Today, Free2move announced the completion of the acquisition of Share Now, the market leader and pioneer of free-floating car sharing in Europe. With this acquisition, Free2move continues its aggressive growth plan as a worldwide mobility leader, expanding its mobility hubs concept to 14 new cities. Share Now’s executive management team… Continue reading @FCA: Free2move Becomes a World Leader in Mobility With Acquisition of Share Now
German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004743
Porsche will Investoren den für das Jahresende geplanten Börsengang schmackhaft machen – und zwar mit einem starken Wachstum und mehr Unabhängigkeit von der Konzernmutter Volkswagen. „Porsche befindet sich in einer einzigartigen Marktposition“, sagte Vorstandschef Oliver Blume am Montag auf einem Investorentag.Einerseits biete Porsche Exklusivität und verbinde dabei Luxus mit Sport. Mit einer Jahresfertigung von 300.000… Continue reading German Handelsblatt: Porsche: Germany’s most profitable car manufacturer polishes up for the stock market004743
Automotive Electronics Market Size Worth $392.49 Billion by 2028 – Grand View Research, Inc.
SAN FRANCISCO, July 18, 2022 /PRNewswire/ — The global automotive electronics market is expected to expand at a compound annual growth rate (CAGR) of 7.9% during the forecast period, reaching a value of USD 392.49 billion by 2028, according to a new report by Grand View Research. The growth is primarily driven by the increasing… Continue reading Automotive Electronics Market Size Worth $392.49 Billion by 2028 – Grand View Research, Inc.
HL Klemove Accelerates Global Localization Strategy of Future Autonomous Driving Solutions
– From Establishing manufacturing plant in Mexico to openning R&D centers in China & India ; HL Klemove plans to double in sales by 2026 – ‘From mobility of the future…’ Airing ad on TV and YouTube starting Jul. 1 SEOUL, South Korea, July 18, 2022 /PRNewswire/ — HL Klemove, Mando Corp’s autonomous driving solution subsidiary,… Continue reading HL Klemove Accelerates Global Localization Strategy of Future Autonomous Driving Solutions