People visit the exhibition area of BYD, China’s new energy vehicle manufacturer, during the 19th China (Changchun) International Automobile Expo in Changchun, capital of Northeast China’s Jilin province, July 15, 2022. [Photo/Xinhua] BEIJING — China saw about 2.24 million passenger vehicles sold in June, of which 1.2 million were domestic brands, accounting for 53.7 percent… Continue reading Homegrown passenger vehicles secure half of domestic market in June
Tag: Strategy
Electric brand smart to raise up to $300 million in series A round
The smart #3 is scheduled to hit the European market in early 2024. [Photo provided to chinadaily.com.cn] Mercedes and Geely joint venture-smart Automobile Co- announced a plan on Friday to raise $250 million to $300 million, as part of its efforts to accelerate its global development. The electric brand said this series A round will… Continue reading Electric brand smart to raise up to $300 million in series A round
German FAZ: When the car talks to the petrol pump006448
Faster refueling: If the car pays, the queues could be shorter. Image: dpa With Ryd, the car becomes a credit card. Mercedes and BMW, BP and Shell, Mastercard & Co. rely on the technology of the Munich company. A car that thinks for itself used to only exist in Hollywood. KITT, for example, the armored… Continue reading German FAZ: When the car talks to the petrol pump006448
AirConsole Announces Winners of In-Car Game Developer Competition’s First Round
ZÜRICH, July 14, 2023 /PRNewswire/ — AirConsole, the leading platform for casual multiplayer games, is pleased to announce the winners of the first round of its In-Car Game Developer Competition. The competition was designed to propel the in-car entertainment industry forward. It aimed to inspire game studios and independent developers to craft captivating games tailored… Continue reading AirConsole Announces Winners of In-Car Game Developer Competition’s First Round
Hyundai Motor’s IONIQ 5 N Debuts at Goodwood Festival of Speed, Setting New Benchmark for High-Performance EVs and Driving Fun
As Hyundai N’s first EV, IONIQ 5 N represents a new segment of driver-focused high performance EVs through new technologies and elevated racetrack capability IONIQ 5 N signals the first step in N’s electrification strategy with future electric N models to follow IONIQ 5 N elevates the three pillars of N performance — Corner Rascal,… Continue reading Hyundai Motor’s IONIQ 5 N Debuts at Goodwood Festival of Speed, Setting New Benchmark for High-Performance EVs and Driving Fun
Webb Fontaine Empowers Guinea Customs with State-of-the-Art Tracking Solutions of Goods in Transit
DUBAI, UAE, July 13, 2023 /PRNewswire/ — Webb Fontaine, a global leader in AI-powered trade technology and Customs facilitation solutions, is proud to announce that Guinea Customs has chosen its state-of-the-art Smart Tracking solutions to enhance trade facilitation processes. Continue Reading Webb Fontaine & Guinea Customs “As a trusted partner to Guinea Customs, we are… Continue reading Webb Fontaine Empowers Guinea Customs with State-of-the-Art Tracking Solutions of Goods in Transit
Head of Mobility Institute Berlin Wins Two Business Worldwide Magazine CEO Awards
LONDON, July 13, 2023 /PRNewswire/ — The head of Mobility Institute Berlin (mib) has won twice in the 2023 Business Worldwide Magazine CEO Awards. Dr Jörn Richert was the outright winner in two categories: ‘Best CEO in the Management Consulting Industry’ and ‘Growth Strategy CEO of the Year Germany’. The awards seek to identify and… Continue reading Head of Mobility Institute Berlin Wins Two Business Worldwide Magazine CEO Awards
Head of Mobility Institute Berlin Wins Two Business Worldwide Magazine CEO Awards
LONDON, July 13, 2023 /PRNewswire/ — The head of Mobility Institute Berlin (mib) has won twice in the 2023 Business Worldwide Magazine CEO Awards. Dr Jörn Richert was the outright winner in two categories: ‘Best CEO in the Management Consulting Industry’ and ‘Growth Strategy CEO of the Year Germany’. The awards seek to identify and… Continue reading Head of Mobility Institute Berlin Wins Two Business Worldwide Magazine CEO Awards
MoRTH develops guidelines for mountainous road infra with Japan’s tech assistance
Construction workers carefully plan and design hilly roads in mountainous areas, ensuring safe and efficient transportation routes. The Ministry of Road Transport & Highways (MoRTH) in India, in collaboration with the Japan International Cooperation Agency (JICA), has introduced five new guidelines focused on improving the road infrastructure in mountainous regions of the country. These guidelines… Continue reading MoRTH develops guidelines for mountainous road infra with Japan’s tech assistance
SUV sales at Audi India grow over 200%, account for 60% of total sales
Having filled a critical gap at the entry level with the Q3 and Q3 sportback, Ingolstadt luxury car maker Audi has seen its SUV sales shoot up to 60% of its overall sales. The growing GDP and democratisation of the luxury car market across a wider customer segment – i.e. professionals, start-up founders, corporates, businessmen,… Continue reading SUV sales at Audi India grow over 200%, account for 60% of total sales