Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low

The Ministry of Heavy Industries’ recent reduction of the FAME II subsides from 40 percent to 15 percent is severely impacting India’s electric two-wheeler growth. The number is likely to plummet back to June 2022 levels of the 40,000 to 45,000 units range. This is the opinion of industry analysts and experts.  The numbers seen… Continue reading Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low

Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low

The Ministry of Heavy Industries’ recent reduction of the FAME II subsides from 40 percent to 15 percent is severely impacting India’s electric two-wheeler growth. The number is likely to plummet back to June 2022 levels of the 40,000 to 45,000 units range. This is the opinion of industry analysts and experts.  The numbers seen… Continue reading Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low

EV Roundup: NIO Raises More Than $700M, RIVN to Ride TSLA’s NACS Wave & More

Last week, China-based electric vehicle (EV) maker NIO, Inc. NIO secured a $738.5 million investment from Abu Dhabi’s CYVN Holdings. The company is eyeing entry in the United Arab Emirates (UAE) market and the investment sets the stage for a global EV showdown. The significant investment from Abu Dhabi’s CYVN Holdings in Nio comes at… Continue reading EV Roundup: NIO Raises More Than $700M, RIVN to Ride TSLA’s NACS Wave & More

Plusgrade Bolsters Hospitality Business Development with Seasoned Industry Leaders, Paul Rantilla and Dan Hiza

Plusgrade continues to scale across travel industry verticals and takes another major step forward in its mission to be the global ancillary revenue powerhouse Rantilla and Hiza will lead hospitality ancillaries business development, expanding Plusgrade’s portfolio of innovative solutions that drive higher revenue Their new roles took effect as of June 1, 2023 MONTREAL, June… Continue reading Plusgrade Bolsters Hospitality Business Development with Seasoned Industry Leaders, Paul Rantilla and Dan Hiza

Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

Accredited to provide trusted solutions for financial and supply chain planning across financial services and tech, media, and telecoms (TMT) sectors; accreditations for other industries and functions are expected soon. LONDON, June 27, 2023 /PRNewswire/ — Vuealta, a global leader in the design and delivery of powerful scenario planning and forecasting software solutions based on… Continue reading Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

Automotive Silicone Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, June 27, 2023 /PRNewswire/ — The report “Automotive Silicone Market by Type (Elastomers, Resins, Gels, Fluids), Application (Interior & Exterior, Engines, Electrical, Tires) and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) – Global Forecast to 2028″, is projected to reach USD 3.4 billion by 2028, at a CAGR of 7.3%… Continue reading Automotive Silicone Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

Airbiquity Joins AWS Partner Network

A Leader in Over-the-Air Software Updates for Connected Cars Enters Strategic Sales and Marketing Initiative Focused on 2-Wheeler OEMs and Other Connected Devices SEATTLE, June 27, 2023 /PRNewswire/ — Airbiquity®, a global leader in connected vehicle services, today announced it has joined the Amazon Web Services (AWS) Partner Network (APN) to make Airbiquity’s OTAmatic® software… Continue reading Airbiquity Joins AWS Partner Network

Impel Hires Former Cox Automotive Executive to Support International Expansion

James Leese joins Impel as Sales Director to lead direct operations in the United Kingdom LONDON, June 27, 2023 /PRNewswire/ — Impel, the global leader in AI-powered digital engagement technology for the auto industry, announced today that it will begin direct operations in the United Kingdom and has hired James Leese as Sales Director. Leese… Continue reading Impel Hires Former Cox Automotive Executive to Support International Expansion

Scania places first green steel order in further step towards decarbonized supply chain

Landmark agreement will see H2 Green Steel provide sustainable material for building Scania trucks STOCKHOLM, June 27, 2023 /PRNewswire/ — Scania is taking a massive step towards decarbonizing its supply chain by placing its first order for green steel. The initial contract with H2 Green Steel will provide Scania with sustainably produced steel for building… Continue reading Scania places first green steel order in further step towards decarbonized supply chain

GOODYEAR SHARES PROGRESS ALONG ITS SUSTAINABILITY JOURNEY IN 2022 CORPORATE RESPONSIBILITY REPORT

AKRON, Ohio, June 27, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today released its report on corporate responsibility performance for 2022. The report details how by integrating sustainability throughout its business, the company is helping to create value for its internal and external stakeholders. The report also highlights the progress Goodyear is… Continue reading GOODYEAR SHARES PROGRESS ALONG ITS SUSTAINABILITY JOURNEY IN 2022 CORPORATE RESPONSIBILITY REPORT