Tesla proposes to build factory in India, report says

A new report states that Tesla has proposed to build a factory in India during a meeting with officials today. After years of negotiation in the world’s most populous country, it would mark a reversal of its strategy. India has the biggest auto market that Tesla has yet to enter. For years, Elon Musk said… Continue reading Tesla proposes to build factory in India, report says

We’re pleased to see Ford rethink its China strategy as it accelerates EV business

Ford Motor ‘s (F) decision to scale back future investments in China is a prudent step for the automaker whose business there has been struggling to meet Chinese consumer preferences for electric vehicles. In an interview in The Financial Times on Tuesday, Ford CEO Jim Farley said there’s no guarantee that Western electric vehicle automakers… Continue reading We’re pleased to see Ford rethink its China strategy as it accelerates EV business

Folding Bikes Market Set to Reach a Valuation of USD 1410.16 Million by 2028, Propelled by Affordability and Convenience, States Extrapolate

DUBAI, UAE, May 17, 2023 /PRNewswire/ — The global Folding Bikes Market is projected to grow from USD 928.51 million in 2021 to USD 1410.16 Million by 2028, expanding at a CAGR of 8.7% during the forecast period, according to a new report published by Extrapolate. New battery technology and bicycle infrastructure developments present lucrative… Continue reading Folding Bikes Market Set to Reach a Valuation of USD 1410.16 Million by 2028, Propelled by Affordability and Convenience, States Extrapolate

To build even closer relations between China, Central Asian countries

BEIJING, May 17, 2023 /PRNewswire/ — A report from People’s Daily: Chinese President Xi Jinping will chair the China-Central Asia Summit in Xi’an, northwest China’s Shaanxi province on May 18 and 19. The event is the first summit held offline by the heads of state of China and Central Asian countries since establishing diplomatic ties… Continue reading To build even closer relations between China, Central Asian countries

Voyager Space’s Jeffrey Manber Honored with NASA’s Distinguished Public Service Medal

Industry veteran recognized with space agency’s highest award for non-government employees DENVER, May 17, 2023 /PRNewswire/ — Voyager Space, a global leader in space exploration, today announced Jeffrey Manber, its President of International and Space Stations, has been named a recipient of NASA’s 2023 Distinguished Public Service Medal, which is awarded to individuals who, by… Continue reading Voyager Space’s Jeffrey Manber Honored with NASA’s Distinguished Public Service Medal

Aerospace Robotics Market worth USD 7.91 Billion by 2029, in depth analysis of the current trends and future estimations

Manual and robots working together is creating new opportunities for aerospace robotics market. PUNE, India, May 17, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Aerospace Robotics Market. The Global Aerospace Robotics Market… Continue reading Aerospace Robotics Market worth USD 7.91 Billion by 2029, in depth analysis of the current trends and future estimations

Pressure Transducer Market to Garner $19,466.1 Million and Grow at a Fascinating CAGR of 11.29% in the 2022-2030 Timeframe | [250-Pages] Study by Research Dive

The global pressure transducer market is expected to grow significantly during the forecast period due to the growing demand for industrial automation across the globe. The North America region is expected to be most dominant by 2030. NEW YORK, May 17, 2023 /PRNewswire/ —  Global Pressure Transducer Market Forecast Analysis: As per the report published… Continue reading Pressure Transducer Market to Garner $19,466.1 Million and Grow at a Fascinating CAGR of 11.29% in the 2022-2030 Timeframe | [250-Pages] Study by Research Dive

Group 1 Automotive Appoints New Chairman of the Board and Declares Quarterly Dividend

HOUSTON, May 17, 2023 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), an international, Fortune 300 automotive retailer with 206 dealerships located in the U.S. and U.K., today announced that Charles Szews has been elected to serve as non-executive chairman of its Board of Directors.  Mr. Szews has served as a director… Continue reading Group 1 Automotive Appoints New Chairman of the Board and Declares Quarterly Dividend

SMMT statement on Rules of Origin

17 May 2023 #SMMT News Mike Hawes, SMMT Chief Executive: The UK-EU TCA provided the basis for tariff-free trade and unlocked some pent-up investment. However, the rules of origin for batteries pose a significant challenge to manufacturers on both sides of the Channel, with the prospect of tariffs and price increases which discourage consumers from… Continue reading SMMT statement on Rules of Origin

Best first quarter for HGV fleet renewal since pandemic

UK new HGV registrations rose by 17.1% to 11,517 units in Q1 2023, the best start to a year since pre-pandemic 2019. Double digit growth for rigid and articulated trucks, with volumes up 17.3% and 16.8% respectively. Industry calls for long-term strategy for HGV infrastructure and incentives to deliver zero emission goals. SEE HGV REGISTRATIONS… Continue reading Best first quarter for HGV fleet renewal since pandemic