Xiaomi Sales Beat Estimates on EV, Smartphone Growth

(Bloomberg) — Xiaomi Corp. reported better-than-expected revenue in the March quarter as it moves to aggressively expand its presence in China’s EV market and grow its core smartphone business. Most Read from Bloomberg Revenue rose to 111.3 billion yuan ($15.5 billion), Xiaomi said in a statement Tuesday, beating the average analyst estimate of 109 billion… Continue reading Xiaomi Sales Beat Estimates on EV, Smartphone Growth

India Should Seize the Opportunity to Build Local Manufacturing Ecosystem for EV Components

The increasing impact of climate change has forced nations to consider a transition towards sustainable mobility. With 1.4 billion people and a high concentration of population in urban centres, the problem is even more prominent for us. Thus, India is rightly on a path to adopt e-mobility. According to the Federation of Automobile Dealers Associations… Continue reading India Should Seize the Opportunity to Build Local Manufacturing Ecosystem for EV Components

QINETIQ US WINS $41 MILLION TASK ORDER TO SUPPORT ARMY COUNTER UAS

Advanced sensor integration and detection technologies to strengthen U.S. Army counter-UAS capabilities MCLEAN, Va., May 27, 2025 /PRNewswire/ — QinetiQ US wins a $41 million, three-year task order to provide software and technology integration support for a counter-UAS project under the U.S. Army Combat Capabilities Development Command (DEVCOM) C5ISR Center. The company will deliver technical… Continue reading QINETIQ US WINS $41 MILLION TASK ORDER TO SUPPORT ARMY COUNTER UAS

Deye definiert die Solartechnik auf der Intersolar 2025 neu

Deye präsentierte sein drahtloses Energiemanagementsystem der nächsten Generation , seine netzunabhängige ESS-Lösung , C&I-ESS-Lösungen und Versorgungs-ESS-Lösungen und stieß dabei auf großes Interesse bei globalen Partnern MÜNCHEN, 27. Mai 2025 /PRNewswire/ — Auf der Intersolar Europe, einer der wichtigsten Messen der Solarindustrie, beeindruckte Deye das Publikum mit seinem Power Conversion System (PCS) der neuen Generation, einem intelligenten drahtlosen… Continue reading Deye definiert die Solartechnik auf der Intersolar 2025 neu

Deye definiert die Solartechnik auf der Intersolar 2025 neu

Deye präsentierte sein drahtloses Energiemanagementsystem der nächsten Generation , seine netzunabhängige ESS-Lösung , C&I-ESS-Lösungen und Versorgungs-ESS-Lösungen und stieß dabei auf großes Interesse bei globalen Partnern MÜNCHEN, 27. Mai 2025 /PRNewswire/ — Auf der Intersolar Europe, einer der wichtigsten Messen der Solarindustrie, beeindruckte Deye das Publikum mit seinem Power Conversion System (PCS) der neuen Generation, einem intelligenten drahtlosen… Continue reading Deye definiert die Solartechnik auf der Intersolar 2025 neu

Electric Vehicles Died a Century Ago. Could That Happen Again?

More than a century before Tesla rolled out its first cars, the Baker Electric Coupe and the Riker Electric Roadster rumbled down American streets. Battery-powered cars were so popular that, for a time, about a third of New York’s taxis were electric. But those early electric vehicles began to lose ground to a new class… Continue reading Electric Vehicles Died a Century Ago. Could That Happen Again?

Sweden’s Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive

Mikael Sjoberg | Bloomberg | Getty Images Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China’s Geely Holding, announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last… Continue reading Sweden’s Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive

German Manager Magazin: BYD: Chinese electric car manufacturer tightened price war on China’s car market, stocks bend ein004213

After the announcement of massive discounts Byd on Monday in Hong Kong for a significant slump in Chinese electric car shares. The BYD share temporarily dropped by more than 8 percent, while competitors such as Li Auto, Great Wall Motor and Geely also had to accept losses of more than 5 percent. The triggering of… Continue reading German Manager Magazin: BYD: Chinese electric car manufacturer tightened price war on China’s car market, stocks bend ein004213

ValueLabs gewinnt neun Globee® Awards und bestätigt seine Position als Marktführer bei agentischen KI-Diensten

HYDERABAD, Indien, 26. Mai 2025 /PRNewswire/ — ValueLabs wurde bei den Globee® Awards 2025 for Artificial Intelligence ausgezeichnet und erhielt acht Gold- und eine Bronze-Auszeichnung in wichtigen Kategorien. Diese Anerkennung unterstreicht die Position des Unternehmens als Anbieter von KI-Dienstleistungen und echte „Category of One”. Als die generative KI vor 28 Monaten auf den Plan trat, sah ValueLabs in… Continue reading ValueLabs gewinnt neun Globee® Awards und bestätigt seine Position als Marktführer bei agentischen KI-Diensten

Can India’s Critical Minerals Mission Offset China’s Supply Squeeze?

The global electric vehicle (EV) industry is facing turbulent times due to ongoing geopolitical conflicts and trade war which have disrupted global supply chains. Adding to the woes is resource nationalism by China which controls about 60% of global rare earth minerals essential for manufacturing EV motors, batteries, and advanced electronics. In late 2023 and… Continue reading Can India’s Critical Minerals Mission Offset China’s Supply Squeeze?