Intelligent Transportation System Market Worth $52.24 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, Jan. 30, 2023 /PRNewswire/ — The global intelligent transportation system market size is expected to reach USD 52.24 billion by 2030 and is expected to expand at a CAGR of 8.3% from 2023 to 2030, according to a new Grand View Research, Inc. The continuous advancements in technologies of transportation networks have accelerated the… Continue reading Intelligent Transportation System Market Worth $52.24 Billion by 2030: Grand View Research, Inc.

An Auspicious Start to the Year of the Rabbit: Fosun Sees Boom in Various Businesses During the Spring Festival Golden Week

HONG KONG, Jan. 30, 2023 /PRNewswire/ — During the Spring Festival Golden Week this year, benefiting from the recovery of domestic consumption, various operating indicators of the business segments like Happiness and Health of Fosun International Limited (“Fosun International” or the “Company”) (HKEX: 00656) surged, setting an auspicious start to the Year of the Rabbit. During… Continue reading An Auspicious Start to the Year of the Rabbit: Fosun Sees Boom in Various Businesses During the Spring Festival Golden Week

Mobility startup Bounce raises $20 million from existing investors

A person close to the company said its plans include launching three vehicles this year. Electric scooter and swappable-battery company Bounce Infinity has secured $20 million (Rs 163 crore) in funding from its existing investors including Sequoia, three people directly aware of the matter said. This deal is expected to provide a crucial cash runway… Continue reading Mobility startup Bounce raises $20 million from existing investors

@VW Group: Porsche aims to build on its strong start to season 9 with the Porsche 99X Electric Gen3 in Diriyah006564

The double strike in Diriyah makes the start of the season perfect for the new Porsche 99X Electric Gen3. So far, the Weissach-developed electric racing car has won all season 9 races: after Porsche’s customer team Avalanche Andretti won the season opener in Mexico, Pascal Wehrlein has followed up with two victories in Diriyah for… Continue reading @VW Group: Porsche aims to build on its strong start to season 9 with the Porsche 99X Electric Gen3 in Diriyah006564

@Nissan: Press statement000958

2023/01/30 YOKOHAMA, Japan – After several months of constructive discussions with Renault Group, Nissan Motor Co., Ltd today announced that, subject to the approval of its board of directors, it has reached an important milestone in its discussions with Renault Group on defining new foundations for their partnership. The ambition is to strengthen the ties… Continue reading @Nissan: Press statement000958

Clean Technica: 25% Plugin Vehicle Share In France!002553

While the overall French auto market had its worst year since 1975 in 2022, with only 1.5 million units registered, plugin sales continued to grow. December sales were up 1% year over year (YoY), and were a record month. Full electric vehicles (BEVs) were up 7%, to 24,733 registrations, while PHEVs continued in the doldrums… Continue reading Clean Technica: 25% Plugin Vehicle Share In France!002553

Centre must help states cope with fiscal cost of faster EV adoption

The key strategy being the promotion of Electric Vehicle (EV) through policies involving substantial tax concessions and subsidies. India, the fourth largest emitter of carbon dioxide after China, the US and the EU, has made the commitment in COP 26 to get 50 per cent of its energy from renewable sources by 2030 and to… Continue reading Centre must help states cope with fiscal cost of faster EV adoption

India Mercedes Benz’s 2nd biggest engineering hub, CEO Ola Kallenius wants to invest more – CNBCTV18

Mercedes-Benz India recorded its best year in its history in 2022 and posted record sales of 15,822 units. The German company’s Global chief executive officer (CEO) Ola Kallenius, in an interview with CNBC-TV18, said that India was Mercedes-Benz’s fastest-growing market worldwide in 2022. Kallenius added that India’s this growth momentum will help us to invest… Continue reading India Mercedes Benz’s 2nd biggest engineering hub, CEO Ola Kallenius wants to invest more – CNBCTV18

@VW Group: Porsche aims to build on its strong start to season 9 with the Porsche 99X Electric Gen3 in Diriyah006554

The double strike in Diriyah makes the start of the season perfect for the new Porsche 99X Electric Gen3. So far, the Weissach-developed electric racing car has won all season 9 races: after Porsche’s customer team Avalanche Andretti won the season opener in Mexico, Pascal Wehrlein has followed up with two victories in Diriyah for… Continue reading @VW Group: Porsche aims to build on its strong start to season 9 with the Porsche 99X Electric Gen3 in Diriyah006554

Clean Technica: Strong Tesla Profits & Demand Boost Tesla Bull Outlooks, But Concerns Linger002552

Following what many considered a rough 2022 for Tesla, investors are warming up to the idea of a big 2023 for the automaker, especially after the company’s recent quarterly earnings call. With Tesla’s strong profits heading ending 2022, and new expansions and production plans set to begin this year, some bulls are doubling down on… Continue reading Clean Technica: Strong Tesla Profits & Demand Boost Tesla Bull Outlooks, But Concerns Linger002552