Charging infrastructure provider Loop Global has completed a $40-million Series A funding round co-led by Fifth Wall Climate and Agility Ventures, and secured $20 million in senior secured credit from Keystone National Group. Loop will use the funds to expand its US operations and to expand beyond the 15+ countries it already supports. Loop Global… Continue reading Turnkey charging provider Loop Global secures $60 million in funding
Tag: Electric vehicles
Automotive Heat Shield Global Market Report 2022: Increasing Emphasis on Light-Weighting & Fuel Economy Criteria the Primary Factor Driving Growth
DUBLIN, Oct. 21, 2022 /PRNewswire/ — The “Automotive Heat Shield Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 To 2030” report has been added to ResearchAndMarkets.com’s offering. The market for automotive heat shields reached 11.8 billion US dollars in 2020, and it is anticipated to grow… Continue reading Automotive Heat Shield Global Market Report 2022: Increasing Emphasis on Light-Weighting & Fuel Economy Criteria the Primary Factor Driving Growth
Exclusive: New EV maker Fisker Inc in talks for platform sharing, expects India to become its bigger of the tech development bases outside USA
Fisker Inc.’s Hyderabad-based tech centre has already started delivering software for the Ocean SUV. Mumbai: Elon Musk is yet to embark on his India project for the manufacturing of Tesla’s world-leading electric cars here. But, the new entrant to the global electric vehicle (EV) market, Henrik Fisker, and his California-based Fisker Inc, which will roll… Continue reading Exclusive: New EV maker Fisker Inc in talks for platform sharing, expects India to become its bigger of the tech development bases outside USA
‘Automotive lightweighting is nothing but rightweighting’
As environmental legislation becomes more stringent around the world, light weighting metal is a critical component that will allow original equipment manufacturers (OEMs) in the automotive sector to continue and meet emission targets. The desire for lighter cars directly affects weight and fuel consumption, improving mileage and lowering CO2 emissions. This was the view of… Continue reading ‘Automotive lightweighting is nothing but rightweighting’
Chinese battery giant CATL’s profit jumps as it ramps up output
SHANGHAI (Reuters) — China’s CATL 300750.SZ, the world’s largest electric vehicle (EV) battery maker, said on Friday its third-quarter profit nearly tripled year-on-year, buoyed by rapid expansion in production to power the growth of EVs worldwide. CATL, whose clients include Tesla TSLA.O, Volkswagen VOWG.DE and BMW BMWG.DE, booked a net profit of 9.4 billion yuan… Continue reading Chinese battery giant CATL’s profit jumps as it ramps up output
Apple’s head of hardware design is leaving the company after three years
Apple’s main replacement for Jony Ive is leaving. The company has confirmed to Bloomberg that industrial design head Evans Hankey is departing after three years. There’s no named replacement as of this writing, but Hankey will reportedly remain in her position for six months as part of a transition. Alan Dye, who took the software… Continue reading Apple’s head of hardware design is leaving the company after three years
Apple’s M1 MacBook Air drops to $799, plus the rest of the week’s best tech deals
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. The week is nearing its end, which means… Continue reading Apple’s M1 MacBook Air drops to $799, plus the rest of the week’s best tech deals
Treasury U-turns add further challenges for company car fleets
Fleet stakeholders are demanding urgent policy clarity from the government, claiming the policy U-turns of new chancellor Jeremy Hunt are fuelling uncertainty for company car drivers and fleet managers. Monday’s announcement reversed most of the tax changes set out in the ‘growth plan’ of former chancellor Kwasi Kwarteng less than a month ago, hoping to… Continue reading Treasury U-turns add further challenges for company car fleets
Don’t waste your money on these Apple products: October 2022 edition
Getty Images Apple has been busy updating most of its best-sellers — everything from the iPhone, to the AirPods Pro, to the Apple Watch, to the iPad and iPad Pro. So much new stuff to get excited over, ready to empty your wallet. That said, there are still Apple products that you should avoid, either… Continue reading Don’t waste your money on these Apple products: October 2022 edition
Total Energies and Valeo partner to innovate battery cooling in EVs
Global multi-energy company Total Energies and Valeo have announced that they have signed an agreement to develop an innovative way of cooling electric vehicle batteries using a new, very high-performance dielectric fluid. The two companies claim not only would this innovation improve the way electric vehicles are used, but it would also reduce their carbon footprint.… Continue reading Total Energies and Valeo partner to innovate battery cooling in EVs