DOE to use J.D. Power Electric Vehicle Index as EV market benchmark

The US Department of Energy (DOE) will use the J.D. Power EV Index to help establish benchmarks and monitor ongoing development of EV infrastructure nationwide. Consumer intelligence specialist J.D. Power’s EV Index is an analytics tool designed to deliver detailed data on EV infrastructure development and consumer experience with public charging networks at the Zip… Continue reading DOE to use J.D. Power Electric Vehicle Index as EV market benchmark

Airalo, World’s Largest eSIM Marketplace, Raises $60 Million in Series B Financing

LEWES, Del., Aug. 1, 2023 /PRNewswire/ — Airalo, the pioneering eSIM marketplace revolutionizing global connectivity, announced today the successful completion of its Series B financing round, raising an impressive $60 million. Led by e& capital, the investment arm of e&, the global technology group, this brings Airalo’s total funding to $67.3 million. Antler Elevate, Liberty… Continue reading Airalo, World’s Largest eSIM Marketplace, Raises $60 Million in Series B Financing

A Game Changer in the $700 Billion Electric Vehicle Market

FN Media Group Presents Oilprice.com Market Commentary LONDON, Aug. 1, 2023 /PRNewswire/ — China is the ‘800-pound gorilla’ of global EV supplies, and it dominates this market in every way, including sales. Last year, China’s exports of EVs increased 131.8% YoY to some 680,000 units, based on official data. In the first half of 2023, the Chinese… Continue reading A Game Changer in the $700 Billion Electric Vehicle Market

Mahindra EV unit raises $145m from Temasek at $9.8bn valuation

BENGALURU (Reuters) — Mahindra and Mahindra has raised $145 million from Temasek for its electric vehicle unit at a valuation of up to 805.8 billion rupees ($9.8 billion), the latest fundraising by the Indian automaker as it looks to ramp up EV sales. Temasek will take up to a 3% stake in the company which… Continue reading Mahindra EV unit raises $145m from Temasek at $9.8bn valuation

The Drone Show Festival, Organised by Flock Drone Art consolidates its position as the leading international drone show festival

BARCELONA, Spain, Aug. 3, 2023 /PRNewswire/ — In just three editions, the Drone Show Festival has established itself as the leading international festival of drone shows. Organised by Flock Drone Art, the industry’s leading company, this summer the festival has hosted artistic works by companies from the United States, France, Portugal, the Netherlands and Spain. This… Continue reading The Drone Show Festival, Organised by Flock Drone Art consolidates its position as the leading international drone show festival

Vehicular Child Presence Detection to Drive 3.5 Million 60GHz Automotive Radar Shipments in 2030

LONDON, Aug. 3, 2023 /PRNewswire/ — Driver and Occupant Monitoring Systems will be the fastest-growing active safety system over the decade, growing at a CAGR of 25% between 2023 and 2030, according to a new report by global technology intelligence firm ABI Research. Regulation and the standardized testing of fatigue detection, attention assistance, and child presence… Continue reading Vehicular Child Presence Detection to Drive 3.5 Million 60GHz Automotive Radar Shipments in 2030

Sojern and Profitroom Join Forces to Drive Direct Hotel Bookings

JOHANNESBURG, South Africa, Aug. 3, 2023 /PRNewswire/ — Sojern, the leading travel marketing platform, and Profitroom, a globally renowned award-winning booking and technology platform, today announced a new collaboration. In today’s era, where hotels closely monitor their budgets, the collaboration aims to equip hotels worldwide with a powerful combination of advanced booking technology and data-driven… Continue reading Sojern and Profitroom Join Forces to Drive Direct Hotel Bookings

U.S. and Mongolia strengthen strategic partnership as direct flights planned for 2024

Prime Minister of Mongolia met and held a press conference with Vice-President Harris today as part of his first official visit to the United States Direct flights between the two countries planned to commence in 2024 Mongolia and the U.S. signing agreements this week to strengthen their bilateral relationship   ULAANBAATAR, Mongolia, Aug. 2, 2023 /PRNewswire/… Continue reading U.S. and Mongolia strengthen strategic partnership as direct flights planned for 2024

Applied Intuition Hosts Congressional Delegation at Its Michigan Offices

ROYAL OAK, Mich. and ANN ARBOR, Mich., Aug. 3, 2023 /PRNewswire/ — Applied Intuition, Inc., a tooling and software provider for autonomous vehicle (AV) development, hosted Representative Debbie Dingell (MI-06) and Representative Haley Stevens (MI-11) at its Michigan offices on August 2nd. Applied also announced that the company has expanded its operations in Michigan with… Continue reading Applied Intuition Hosts Congressional Delegation at Its Michigan Offices

Endor Labs Raises $70M in Series A Funding

Endor Labs, a Palo Alto, CA-based creator of the code and pipeline governance platform, raised $70M in Series A financing. Backers in the round, which included $22M converted to equity from the previous round, included Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and over 30 CEOs, CISOs, and CTOs. Arif Janmohamed of Lightspeed, Sri Viswanath of Coatue… Continue reading Endor Labs Raises $70M in Series A Funding