The used car sales in USA is projected account for a revenue of $1.3 Bn with owing to advanced technology in automobiles and resolvent of chip issue in the industry: Ken Research

Consumer shift from public transport to personal vehicle will lead to rising demand of used cars. Increasing awareness about buying and selling used cars through advertisements and entry of new players will provide a major boost to used car market growth. Easy availability of credit for financing pre-owned cars along with attractive interest rates and… Continue reading The used car sales in USA is projected account for a revenue of $1.3 Bn with owing to advanced technology in automobiles and resolvent of chip issue in the industry: Ken Research

Whistleblower payment does not breach deal terms, says Twitter

Twitter Inc said on Monday payments made to a whistleblower did not breach any terms of its $44-billion buyout by Elon Musk, after the world’s richest man cited the move as another reason to scrap the deal. In a letter to Twitter on Friday, lawyers for Musk said Twitter‘s failure to seek his consent before paying $7.75 million to whistleblower Peiter Zatko and his lawyers violated the merger agreement, which restricts when Twitter could make… Continue reading Whistleblower payment does not breach deal terms, says Twitter

Taiwantrade.com Lavishes Global Buyers with Premium Auto Parts Aftermarket and EV Supply Chain.

TAIPEI, Sept. 12, 2022 /PRNewswire/ — Taiwantrade.com (www.taiwantrade.com), the largest and leading B2B official portal of Taiwan, has nearly 70,000 suppliers and over 660,000 high-quality products from Taiwan. There are more than 90 percent of Taiwanese exporters and manufacturers on the website, where you can see the most comprehensive and updated product information. It has… Continue reading Taiwantrade.com Lavishes Global Buyers with Premium Auto Parts Aftermarket and EV Supply Chain.

Electronics, auto cos hope to weather China curbs for now

China is continuing with its zero Covid policy, locking down cities or districts, or putting strict restrictions, hitting industrial production and impacting global supply chain. A fresh spate of Covid-19 restrictions have impacted production and port operations in some areas of China, but Indian electronics and automobile manufacturers that buy components from China say the… Continue reading Electronics, auto cos hope to weather China curbs for now

There’s no driving test for self-driving cars in the US — but there should be

Tesla’s “Full-Self Driving” (FSD) driver-assist feature does not offer what its name promises. Although Tesla CEO Elon Musk portrays the software as a prelude to fully autonomous vehicles, a quick online search shows videos of FSD-enabled Teslas in North America aiming straight at pedestrians, crashing into parked cars, and slowing down on a highway for… Continue reading There’s no driving test for self-driving cars in the US — but there should be

The EV Safety Conundrum

Aravind Subramanian, Consultant, Avalon Consulting & Subhabrata Sengupta, Executive Director, Avalon Consulting Most of us are now aware of multiple incidents where we have seen Electric Vehicles catching fire and the vehicle engulfed in smoke and flames. About half a dozen such incidents have occurred from across India of brands like Pure EV, OLA Electric,… Continue reading The EV Safety Conundrum

Sona Comstar bags Rs 913 crore order for traction motors from 2W OEM

The deal for the OEM’s premier electric two-wheeler, according to Sona Comstar management, was reached following year-long technical discussions with the customer. Gurugram-headquartered Sona Comstar has received its first order of this size from a reputed Indian two-wheeler OEM for traction motor components valued at Rs 913 crore. This brings the company’s total orderbook to about… Continue reading Sona Comstar bags Rs 913 crore order for traction motors from 2W OEM

@Nissan: Nissan starts European production of all-new, fully electric Townstar000840

2022/09/12 As green energy enthusiasts around the globe celebrate World EV Day, Nissan announces production of its 100% electric Townstar The vehicle features a new electric powertrain optimised with intelligent energy management and battery thermal cooling, delivering a top-of-the-class range of up to 300km Boasting more than 20 technology features, the all-new Townstar EV leads… Continue reading @Nissan: Nissan starts European production of all-new, fully electric Townstar000840

Magna Enters Micromobility Market: Investing in Yulu and Creating Battery-Swapping Business

$77 million investment opens door to fast-growing micromobility market Battery-swapping service unlocks new business model for Magna Opportunity to advance sustainable urban mobility in India AURORA, Ontario, Sept. 11, 2022 (GLOBE NEWSWIRE) — Mobility technology company Magna is expanding into the fast-growing micromobility market by investing $77 million in Yulu, India’s largest electrified shared mobility… Continue reading Magna Enters Micromobility Market: Investing in Yulu and Creating Battery-Swapping Business

@BMW: Charging without an app and card: BMW Group introduces Plug & Charge function and is the first manufacturer to integrate multiple charging contracts in the car.002248

Innovative offer combines convenient charging with unique flexibility. The vehicle independently authenticates itself at charging stations using digitally stored registration data. Available from mid-2023. Munich. With pioneering innovations in the field of digital vehicle functions, the BMW Group is once again helping to make electric mobility more convenient and attractive. From mid-2023, a Plug&Charge function… Continue reading @BMW: Charging without an app and card: BMW Group introduces Plug & Charge function and is the first manufacturer to integrate multiple charging contracts in the car.002248