Endurance bets on after-market business outperformance

Aurangabad-based Tier-1 manufacturer Endurance Technologies, the biggest supplier of parts for two- and three-wheelers in the country, is adopting a two-pronged strategy for expanding its footprint and business margins in domestic and overseas markets. The diversified company has 29 plants across India and Europe. It also exports products to over 31 countries including the newly… Continue reading Endurance bets on after-market business outperformance

SCAAA Expands to Texas and Japan

Innovative architecture firm establishing studios in Dallas and Osaka to double global footprint LOS ANGELES, Feb. 8, 2023 /PRNewswire/ — Founded in Los Angeles in 2012, SCAAA designs hospitality and commercial commissions in the Pacific Rim and in the U.S., delivering projects such as RYSE, a boutique hotel located in Seoul, South Korea; the Philippine Stock… Continue reading SCAAA Expands to Texas and Japan

Global Commercial Telematics Revenues to See Rapid Growth, Exceeding US$41 Billion by 2027

NEW YORK, Feb. 8, 2023 /PRNewswire/ — Deploying highly configurable and scalable fleet management solutions is commonplace in operating commercial fleets of all sizes and vehicle types. Technological advancements continue to create new use cases and capabilities of telematics to enhance fleet performance, improve efficiency, and save costs. According to global technology intelligence firm ABI Research, commercial telematics… Continue reading Global Commercial Telematics Revenues to See Rapid Growth, Exceeding US$41 Billion by 2027

GreenPoint Expands European Mobility Logistics Platform with Acquisition of Leading UK Car Park Portfolio

NEW YORK, Feb. 8, 2023 /PRNewswire/ — GreenPoint Partners (“GreenPoint” or the “firm”), an alternatives firm investing at the intersection of real assets, technology and sustainability, today announced the expansion of its European mobility logistics platform with the acquisition of a UK car park portfolio for £305 million. As part of the transaction, GreenPoint welcomed… Continue reading GreenPoint Expands European Mobility Logistics Platform with Acquisition of Leading UK Car Park Portfolio

Electric Scooters Market to be Worth $78.65 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, Feb. 8, 2023 /PRNewswire/ — The global electric scooters market size is expected to reach USD 78.65 billion by 2030, registering a CAGR of 9.9% during the forecast period, according to a study conducted by Grand View Research, Inc. Increasing demand for the air combating, fuel-economic high-performance vehicles is expected to fuel the… Continue reading Electric Scooters Market to be Worth $78.65 Billion by 2030: Grand View Research, Inc.

New analysis by Geotab investigates the impact of temperature and speed on electric vehicle range

Free interactive resource uses real-world EV data to visualise factors that impact EV performance LONDON, Feb. 8, 2023 /PRNewswire/ — Geotab Inc. (“Geotab”), a global leader in connected transportation solutions, today announced its new electric vehicle (EV) range analysis, examining the impact of speed and temperature is now available. The interactive analysis, showcased for the first… Continue reading New analysis by Geotab investigates the impact of temperature and speed on electric vehicle range

Eaton Reports Record Fourth Quarter 2022 Results, Guidance on 2023 Outlook

Fourth Quarter Earnings Per Share of $1.80 and Record Quarterly Adjusted Earnings Per Share of $2.06, up 20% Over 2021 Record Fourth Quarter Segment Margins of 20.8%, 150 Basis Points Above the Fourth Quarter of 2021 Strong Backlog Growth with Orders up 25% in Electrical and up 24% in Aerospace on a Rolling 12-Month Basis… Continue reading Eaton Reports Record Fourth Quarter 2022 Results, Guidance on 2023 Outlook

Aptiv PLC (NYSE:APTV) Q4 2022 Earnings Call Transcript

Aptiv PLC (NYSE:APTV) Q4 2022 Earnings Call Transcript February 2, 2023 Operator: Good day, and welcome to the Aptiv Q4 2022 Earnings Call. Today’s conference is being recorded. At this time, I would like to turn the conference over to Jessica Kourakos, Vice President of Investor Relations and ESG. Please, go ahead. Jessica Kourakos: Thank… Continue reading Aptiv PLC (NYSE:APTV) Q4 2022 Earnings Call Transcript

EV startup Zypp Electric nabs $25M to hit 30 Indian cities by 2025

Zypp Electric, an Indian startup that offers an EV-as-a-service platform catering to e-commerce companies and gig workers, has received a $25 million investment led by Taiwan’s battery-swapping giant Gogoro. The cash from Gogoro is an extension of a strategic partnership between the two companies, and a signal of Gogoro’s continued commitment to the Indian market.… Continue reading EV startup Zypp Electric nabs $25M to hit 30 Indian cities by 2025

Rivian Drives $213 Million in One-Year Savings with Coupa

Electric vehicle automaker plugs into Coupa’s BSM platform to power savings through strategic sourcing and efficient procurement operations SAN MATEO, Calif., Feb. 8, 2023 /PRNewswire/ — At a time when businesses globally are focused on improving operational costs, electric vehicle designer and manufacturer Rivian has fueled its business with Coupa Software‘s (NASDAQ: COUP) Business Spend… Continue reading Rivian Drives $213 Million in One-Year Savings with Coupa