200 bps rate hike by Q3, inflation, weak capex negatives to growth: Nomura

The Nomura India Normalization Index (NINI) shows a broad-based improvement in activity in March. Nomura on Friday said that India is at the cusp of a policy normalisation cycle and a 200 basis points or bps hike in cumulative repo rate is expected by the third quarter of 2023, starting with a 25 bps hike… Continue reading 200 bps rate hike by Q3, inflation, weak capex negatives to growth: Nomura

ABB, Shell deal to set up EV charging ecosystem globally

Shell is targeting the operation of over 500,000 charge points globally by 2025 and 2,500,000 by 2030 at residential, commercial and Shell retail sites. New Delhi: ABB E-mobility, and Shell have announced their collaboration to bring flexible and quality charging solutions to millions of electric vehicle drivers the world over. ABB has signed a new… Continue reading ABB, Shell deal to set up EV charging ecosystem globally

@BMW: BMW iFactory. LEAN. GREEN. DIGITAL. – Master plan for the production of the future.001928

Munich.  It’s the master plan for the automotive production of tomorrow: The BMW iFACTORY production strategy defines the future orientation of plants and production technologies at the BMW Group and meets the challenges of the transformation to e-mobility. “Automotive manufacturing of the future requires a new, holistic way of thinking. With our BMW iFACTORY, we… Continue reading @BMW: BMW iFactory. LEAN. GREEN. DIGITAL. – Master plan for the production of the future.001928

Detroit’s I 95 is set to become a corridor for autonomous driving

The city of Detroit in Michigan is to receive a corridor for autonomous driving: Interstate 95. Detroit is the former car capital and still has today General Motors its headquarters there. In the city there are also some start-ups like May Mobility on the way and ford initiated a research campus here. Michigan plans with… Continue reading Detroit’s I 95 is set to become a corridor for autonomous driving

@Nio: NIO Inc. Files Its Annual Report on Form 20-F000381

Apr 29, 2022 NIO Inc. Files Its Annual Report on Form 20-F SHANGHAI, April 29, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it filed its annual report on Form 20-F for the fiscal year… Continue reading @Nio: NIO Inc. Files Its Annual Report on Form 20-F000381

@Tata-JLR: Mass transit group Swvl confirms estimated $100M acquisition of UK startup Zeelo

Mass transit group Swvl has confirmed to TechCrunch its deal to buy U.K. startup Zeelo, estimated to be a $100 million acquisition, according to sources. The Egyptian-born startup that provides shared transportation services for intercity and intracity trips, recently expanded into Turkey with its acquisition of Volt Lines. Earlier this year it went public (NASDAQ:… Continue reading @Tata-JLR: Mass transit group Swvl confirms estimated $100M acquisition of UK startup Zeelo

Valeo has produced its 100 millionth camera at its Tuam site in Ireland

Innovation / Products & Technology | 29 Apr, 2022 | 2 min #AutonomousVehicle On April 29, 2022, Valeo has produced its one hundred millionth automotive nearfield camera, which gives the car its rear and surround vision, at its Tuam site in Ireland (around 850 employees). The first camera rolled off the Irish production lines in… Continue reading Valeo has produced its 100 millionth camera at its Tuam site in Ireland

PAsCAL: more efficient, safer and more comfortable autonomous buses: will that be enough?

29.04.2022 The experiments of the E-Bus Competence Center in Luxembourg reveal what new means will have to be in order to become users’ favorites. High-capacity autonomous buses will be more efficient, safer and more comfortable than those in use today. This, however, will not guarantee that passengers will accept them. In fact, in the common… Continue reading PAsCAL: more efficient, safer and more comfortable autonomous buses: will that be enough?

@Daimler: Annual Meeting: Mercedes-Benz continues its successful transformation

New Group structure established: First Annual Meeting of Mercedes-Benz Group AG Performance raised: Successful 2021 and strong Q1, 2022 results despite volatile environment EV strategy accelerated: Portfolio to include more than 10 fully electric vehicles in 2022 Milestone achieved: Vision EQXX sets benchmark with >1,000 kilometres range Supervisory Board expertise broadened: Candidates specialised in ESG and luxury… Continue reading @Daimler: Annual Meeting: Mercedes-Benz continues its successful transformation

Hertz Announces New Chief Product Development Officer

Ned Ryan is an entrepreneurial leader, passionate about building products and teams with a focus on mobility. Photo: Hertz Hertz announced in a statement that Ned Ryan will join the company as chief product development officer, effective May 9. Ryan will oversee efforts to deliver connected products and technology to enhance the customer experience as Hertz assumes an increased role… Continue reading Hertz Announces New Chief Product Development Officer