KG Mobility’s (KGM) top distributors fromHungary, Czech Republic, Romania and Slovakiacome to Korea for two day visit. KGM’s future development plans and product strategies shared with executives while visiting the production lines and the research & design centre. Overall plan is to increase global sales volumes by diversifying the export sales network, developing customised… Continue reading @Mahindra: Leading Eastern European distributors visit KG Mobility in Korea
Tag: Strategy
@Mahindra: KG Mobility press conference focuses on future development strategy
A year since becoming chairman of KG Mobility, Jeasun Kwak celebrates the stabilisation of the company’s management and confirms the growth potential including profitability. With the goal of becoming Korea’s No. 1 e-mobility brand, the business commits to supporting customers by developing a range of differentiated products and by providing integrated mobility solutions. Beginning with… Continue reading @Mahindra: KG Mobility press conference focuses on future development strategy
Automotive Semiconductor Market Share to Reach $153.86 Billion, Globally, by 2032 at 10.1% CAGR: Allied Market Research
The growth of the global automotive semiconductor market is driven by rise in adoption of electric and hybrid vehicles, surge demand for advanced vehicle safety and comfort systems, intervention of innovative technologies for advanced user interface (UI). PORTLAND, Ore., Oct. 16, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Semiconductor Market by Component… Continue reading Automotive Semiconductor Market Share to Reach $153.86 Billion, Globally, by 2032 at 10.1% CAGR: Allied Market Research
New Development Bank and Development Bank of Southern Africa sign USD 100 m Loan Agreement for SA’s Sustainable Infrastructure Projects
SHANGHAI, Oct. 13, 2023 /PRNewswire/ — The New Development Bank (NDB) and the Development Bank of Southern Africa (DBSA) are pleased to announce the signing of a USD 100 m loan agreement aimed at advancing sustainable infrastructure development in South Africa. This is a continuation of NDB’s strategic cooperation with DBSA, a leading development finance… Continue reading New Development Bank and Development Bank of Southern Africa sign USD 100 m Loan Agreement for SA’s Sustainable Infrastructure Projects
TAILG to Unveil TLG Brand at EICMA 2023: A New Era in Electric Two-Wheeled Mobility
Showcasing cutting-edge products and inaugurating its European flagship store MILAN, Oct. 13, 2023 /PRNewswire/ — As a global leader in electric two-wheeler transportation and mobility solutions, TAILG will unveil its new TLG brand and its expansion strategies at booth Q02 in Hall 22 at EICMA from 7-12 November, inviting enthusiasts worldwide to participate in the… Continue reading TAILG to Unveil TLG Brand at EICMA 2023: A New Era in Electric Two-Wheeled Mobility
Zoomlion Bolsters Overseas Market with Localization Strategy, Driving Leapfrog Growth
Accelerated International Collaborations and partnerships propel the company towards high-quality, sustainable development CHANGSHA, China, Oct. 13, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK), a global frontrunner in high-end equipment manufacturer, is accelerating its localization in overseas markets and strengthening cooperation with global partners to boost its international business development.… Continue reading Zoomlion Bolsters Overseas Market with Localization Strategy, Driving Leapfrog Growth
Metaverse In Automotive to Reach $27.18 billion, Globally, by 2032 at 29.9% CAGR: Allied Market Research
The growth of the global metaverse in automotive market is driven by the surge in focus on leveraging the metaverse for marketing campaigns, increase in demand for modern vehicle shopping experiences with immersive virtual showrooms, growing demand for intuitive metaverse design for product development and manufacturing. PORTLAND, Ore., Oct. 13, 2023 /PRNewswire/ — Allied Market… Continue reading Metaverse In Automotive to Reach $27.18 billion, Globally, by 2032 at 29.9% CAGR: Allied Market Research
EV-Ready India Dashboard: Over 1.6 cr annual EV sales by 2030; estimated to grow at a CAGR of 45.5%
Updated On Oct 16, 2023 at 10:09 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals “EVs are critical for this journey both from an energy dependence and environment standpoint, and as the number of EVs grow on the roads, we will see India emerging as a leader in climate change. Another… Continue reading EV-Ready India Dashboard: Over 1.6 cr annual EV sales by 2030; estimated to grow at a CAGR of 45.5%
Chinese EV startup WM Motor files for pre-restructuring
Founded in 2015 by renowned auto veteran Freeman Shen, WM Motor was seen to be among rising Chinese EV startups Nio , Li Auto and XPeng. Its backers included Chinese tech giant Baidu and Shanghai’s state-owned asset regulator. Chinese electric vehicle startup WM Motor said it has filed for a pre-restructuring process, marking the demise… Continue reading Chinese EV startup WM Motor files for pre-restructuring
Japan’s battle for Thailand, Indonesia auto markets no lost cause
TOKYO — At the Indonesia International Motor Show in August, high-ranking government officials attending the event walked by an Xforce, a new regional strategic sport utility vehicle being debuted by Mitsubishi Motors, and gave it a glance. The officials then stopped to take selfies in front of an electric vehicle exhibited nearby. “The only interest… Continue reading Japan’s battle for Thailand, Indonesia auto markets no lost cause