China asks automakers to apply for licences to map data in smart carsThe rules could further complicate the local operations of foreign companies like…

China has said that automakers must apply for licences to collect geographic data using sensors on their intelligent vehicles, highlighting Beijing’s security concerns about the growing sophistication of smart cars‘ mapping capabilities. The statement, a clarification of China‘s surveying and mapping law, reflects regulators’ efforts to prevent any scenario where highly-detailed visual data collected by smart cars could fall into the hands of hostile foreign actors. The rules, effective since publication, could further complicate the… Continue reading China asks automakers to apply for licences to map data in smart carsThe rules could further complicate the local operations of foreign companies like…

Car Subscription Platform FINN Expands to Maryland and Virginia

Additions of Maryland and Virginia allow FINN to serve suburbs of Washington D.C. and beyond with flexible car subscriptions that cover everything but fuel NEW YORK, Sept. 1, 2022 /PRNewswire/ — FINN, the leading car subscription platform in the U.S. and Europe, today announced that it is expanding its territories of service to include Maryland and… Continue reading Car Subscription Platform FINN Expands to Maryland and Virginia

GOODYEAR EXPANDS ITS ELECTRIC VEHICLE TIRE PORTFOLIO WITH NEW ALL-SEASON AND ULTRA HIGH-PERFORMANCE OPTIONS FOR ITS ELECTRICDRIVE™ TIRE LINE

AKRON, Ohio, Sept. 1, 2022 /PRNewswire/ — To stay ahead of growing demand in the electric vehicle (EV) market, The Goodyear Tire & Rubber Company (NASDAQ: GT) has launched the all-new Goodyear ElectricDrive™ all-season tire and two new sizes for its ultra-high performance tire, the Goodyear ElectricDrive™ GT. With the addition of four new sizes… Continue reading GOODYEAR EXPANDS ITS ELECTRIC VEHICLE TIRE PORTFOLIO WITH NEW ALL-SEASON AND ULTRA HIGH-PERFORMANCE OPTIONS FOR ITS ELECTRICDRIVE™ TIRE LINE

Rising EV demand to boost investments in battery manufacturing: ICRA

Representative image The battery manufacturing segment remains a critical cog in the overall electric vehicle (EV) ecosystem development and is garnering a lot of attention. Spurred by Government support in the form of subsidies, enhanced awareness and increasing product launches, the EV segment saw a significant upturn in prospects in FY22. EV penetration across automotive… Continue reading Rising EV demand to boost investments in battery manufacturing: ICRA

Electric Utility Vehicle Market Reviews | Exclusive MDC Research Study 2022-2030 – Yahoo Finance

Market Data Centre Electric Utility Vehicle Market 2022 – 2030 – Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional FootPrint by MDC Research Pune, Sept. 01, 2022 (GLOBE… Continue reading Electric Utility Vehicle Market Reviews | Exclusive MDC Research Study 2022-2030 – Yahoo Finance

L-Charge welcomes Londoners to test the first super-fast mobile EV-charging service

LONDON, Sept. 1, 2022 /PRNewswire/ — Electric Vehicle charge point manufacturer L-Charge have announced they will start field trials of their ultra-fast mobile EV-charging service in London from the beginning of September 2022. The company welcomes EV drivers with iPhones to join their beta-testing programme by filling out the form. All beta-testers will be eligible… Continue reading L-Charge welcomes Londoners to test the first super-fast mobile EV-charging service

SK ecoplant Invests $50 Million in Ascend Elements

SK ecoplant makes strategic investment in U.S.-based EV battery recycling and engineered materials company WESTBOROUGH, Mass., Sept. 1, 2022 /PRNewswire/ — Ascend Elements, a U.S.-based lithium-ion battery recycling and engineered materials company, today announced a strategic investment of $50 million from SK ecoplant, the environmental unit of Korean conglomerate SK Inc. The investment demonstrates SK… Continue reading SK ecoplant Invests $50 Million in Ascend Elements

European Nikola Tre FCEV Beta Version to Debut at IAA Transportation in Hanover, Germany on Sept. 19

Nikola President Lohscheller to Give Sept. 20 Keynote Address PHOENIX, Sept. 1, 2022 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced that the European Nikola Tre fuel-cell electric vehicle (FCEV) beta version will be unveiled in a September 19 press conference at IAA Transportation in… Continue reading European Nikola Tre FCEV Beta Version to Debut at IAA Transportation in Hanover, Germany on Sept. 19

Gridiron Capital Partners with M&D Distributors

Investment Positions Company for Accelerated Growth and Expansion in Highly Fragmented Diesel Engine Aftermarket Parts Industry NEW CANAAN, Conn., Sept. 1, 2022 /PRNewswire/ — Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, today announced an investment in Magneto & Diesel Holdings, LLC (“M&D” or the “Company”),… Continue reading Gridiron Capital Partners with M&D Distributors

Yadea Reports First Half 2022 Financial Results: Total Revenue Amounted to RMB14.051 billion

HONG KONG, Sept. 1, 2022 /PRNewswire/ — Yadea Group Holdings (01585:HK), a leading player in the electric scooter industry, announced its first-half results for 2022 on August 26. Group revenue expanded 13.5% year on year to reach 14.051 billion yuan (US$ 2.04 billion). Net profit attributable to the parent company also rose 52.6% year on… Continue reading Yadea Reports First Half 2022 Financial Results: Total Revenue Amounted to RMB14.051 billion