“Hybrid vehicles will play an equally important role because they are able to address some of the immediate infrastructure challenges around e-mobility,” Schaeffler said. Hybrid vehicles are a better fit than battery-powered electric cars for India in the immediate future, given the nation’s shortcomings in EV infrastructure, according to the regional head of auto parts… Continue reading Hybrid vehicles key to India’s electric shift, Schaeffler says
Tag: Mobility
Omega Seiki Mobility showcases electric SCV M1KA with 250km range
Omega Seiki Mobility (OSM), part of the Anglian Omega Group has unveiled its first electric Small Commercial Vehicle (SCV) christened ‘M1KA’. On September 3, Autocar Professional had broken the news on the company’s plans to launch an e-SCV with 250km range. The company says it will start accepting bookings of the vehicle from Quarter 4… Continue reading Omega Seiki Mobility showcases electric SCV M1KA with 250km range
India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuation
The used car market is getting another major infusion of venture capital today, with one of the faster scaling startups out of India picking up a major round of financing to double down on growth: Cars24 — a site and app that sells users cars and used two-wheeled motorbikes — has raised $450 million, a… Continue reading India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuation
EV maker WardWizard to invest Rs 150 cr in next 6 months
Yatin Gupte, Chairman and Managing Director, WardWizard Innovations & Mobility Mumbai: Electric vehicle maker WardWizard Innovations & Mobility plans to invest Rs 150 crore in the business in the next six months as it looks to ramp up technology and infrastructure, among others, to meet the increased demand, a top company official has said. The… Continue reading EV maker WardWizard to invest Rs 150 cr in next 6 months
Indian auto marketplace Droom eyes $135m from IPO early next year
The company is likely to file draft papers for the initial public offering in the next couple of months, and the IPO could be launched in early 2022, one of the two people said. “They have picked up two domestic investment banks, JM Financial and ICICI Securities, to begin work on their IPO,” the person… Continue reading Indian auto marketplace Droom eyes $135m from IPO early next year
Aston Martin launches DBX, DBS and DB11 MY22 updates with new online configurator
Aston Martin has launched a new online vehicle configurator. It replaces the brand’s rather dated system, adding a smoother interface, faster load times and modern software, thanks to some help from gaming companies such as NVIDIA and Epic. The new configurator also allows users to view a host of model year updates Aston Martin will… Continue reading Aston Martin launches DBX, DBS and DB11 MY22 updates with new online configurator
Baidu-backed company unveils smart new energy truck
Xingtu is DeepWay’s smart new energy heavy-duty truck with a sleek, energy-efficient design. [Photo provided to chinadaily.com.cn] DeepWay, a Baidu-backed company, on Thursday night unveiled Xingtu, a smart new energy heavy-duty truck, marking Baidu’s entry into the multi-trillion-dollar global freight market. The first generation of Xingtu is designed to enable L3 self-driving on high-speed freight… Continue reading Baidu-backed company unveils smart new energy truck
Honda studies the brain to develop smarter driver-assist systems
TOKYO — Honda Motor has begun exploring deep inside the human brain in an effort to develop more powerful technologies to make driving safer. In one of its latest projects, the Japanese automaker is using behavioral neuroscience to create a driver-assist system that makes driving vastly safer. By the middle of the century, Honda hopes that none… Continue reading Honda studies the brain to develop smarter driver-assist systems
Aptiv to Present at the Evercore ISI Autotech & AI Forum: New Paradigms In Mobility, Electrification, & Compute
DUBLIN, Sept. 17, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, announced that Aptiv’s Chief Financial Officer and Senior Vice President, Business Operations, Joseph Massaro, will present at the Evercore ISI Autotech & AI Forum: New Paradigms In Mobility, Electrification, & Compute, September 21 at… Continue reading Aptiv to Present at the Evercore ISI Autotech & AI Forum: New Paradigms In Mobility, Electrification, & Compute
@Ford: In Pursuit of Zero Emissions, Ford Submits All-Electric Police Pilot Vehicle for Michigan State Police Testing
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: In Pursuit of Zero Emissions, Ford Submits All-Electric Police Pilot Vehicle for Michigan State Police Testing