S44 Joins EVRoaming Foundation, a Global Leader in Electric Charging Protocols as Newest Contributing Member

MONTVALE, N.J., Oct. 27, 2022 /PRNewswire/ — S44, LLC, a digital experience company based in the United States and Germany, has joined the EVRoaming Foundation alongside Shell, AB Volvo, Add Energy/Flo, Google, with the goal to support the independent free-to-use Open Charge Point Interface (OCPI) roaming protocol worldwide. And to contribute on new developments. Having… Continue reading S44 Joins EVRoaming Foundation, a Global Leader in Electric Charging Protocols as Newest Contributing Member

Untitled

Oct 27 (Reuters) – Swedish automaker Volvo Cars (VOLCARb.ST) said on Thursday that it would try to manage the macroeconomic headwinds and ongoing turbulence that continued to hit the company as it reported a fall in its third-quarter profits due to lower volumes. Stockholm-listed Volvo, majority owned by Chinese automotive company Geely Holding [RIC:RIC:GEELY.UL] said… Continue reading Untitled

European Electric Bus Market Analysis Report 2022-2027 – Efforts by Leading Authorities to Strengthen Public Transportation Systems to Influence Market Demand

DUBLIN, Oct. 26, 2022 /PRNewswire/ — The “Europe Electric Bus Market By Propulsion, By Battery Type, By Battery Capacity, By Range, By Seating Capacity, By Length, By Body Type, By Region, Competition Forecast & Opportunities, 2027” report has been added to  ResearchAndMarkets.com’s offering. The Europe electric bus market is expected to grow at a steady rate… Continue reading European Electric Bus Market Analysis Report 2022-2027 – Efforts by Leading Authorities to Strengthen Public Transportation Systems to Influence Market Demand

Lotus Eletre to debut ECARX’s next-generation digital head unit

LONDON, Oct. 25, 2022 /PRNewswire/ — ECARX, a global mobility tech company, will debut its next-generation digital head unit (DHU) on the new Lotus Eletre Hyper-SUV. The platform includes ECARX’s first dual-chip system to enable server-level computing power for rapid processing, an immersive multi-screen user experience and capacity for continuous improvement over the lifetime of… Continue reading Lotus Eletre to debut ECARX’s next-generation digital head unit

Hidden Hill Capital leads $300m funding in Geely-owned NEV brand Farizon Auto

Farizon Auto, a commercial new energy vehicle (NEV) brand owned by Chinese multinational automaker Geely, announced on Wednesday that it has raised over $300 million in a Series Pre-A round led by GLP’s private equity arm Hidden Hill Capital. Hangzhou-based Farizon Auto, which was launched in 2016 by Geely’s commercial vehicle subsidiary Zhejiang Geely New… Continue reading Hidden Hill Capital leads $300m funding in Geely-owned NEV brand Farizon Auto

Chinese automaker Geely’s new energy brand Farizon raises over $300 mln

Geely New Energy Commercial Vehicle did not disclose Farizon’s valuation in the statement. Chinese automaker Geely’s new energy vehicle subsidiary on Wednesday said its brand Farizon has raised over $300 million from a funding round led by Asian logistics firm Global Logistics Properties’ (GLP) investment arm Hidden Hill Capital. The new capital raise, which involves… Continue reading Chinese automaker Geely’s new energy brand Farizon raises over $300 mln

Vietnamese EV maker VinFast receives $135 mln in green funding led by ADB

VinFast, which began operations in 2019 and stopped making combustion engine-driven cars in August, is targeting global electric vehicle sales of 750,000 per year by 2026. Vietnamese electric vehicle maker VinFast said on Monday it has received a $135 million financing package led by the Asian Development Bank (ADB), part of a push by the… Continue reading Vietnamese EV maker VinFast receives $135 mln in green funding led by ADB

Lotus Eletre to debut ECARX’s next-generation digital head unit

LONDON, Oct. 25, 2022 /PRNewswire/ — ECARX, a global mobility tech company, will debut its next-generation digital head unit (DHU) on the new Lotus Eletre Hyper-SUV. The platform includes ECARX’s first dual-chip system to enable server-level computing power for rapid processing, an immersive multi-screen user experience and capacity for continuous improvement over the lifetime of… Continue reading Lotus Eletre to debut ECARX’s next-generation digital head unit