General Motors GM has struck a deal with Lear Corp LEA, per which the latter will supply electrification technologies for the U.S. auto giant’s Ultium electric vehicle (EV) platform. The technologies that would be provided by Lear include battery disconnect units, intercell connect boards and wire harnesses. The financial terms of the deal have been under… Continue reading General Motors (GM) Inks New Supply Contract to Boost EV Game
Tag: Electric vehicles
Apollo Pro wants to be ‘the Cybertruck of scooters’
The folks at Apollo aren’t messing around when they say they aren’t cutting any corners in creating their new Apollo Pro scooter. The new electric scooter has all the bells and whistles. The $3,600 Pro will stand at the peak of the company’s current lineup of scooters, ranging from the $700 Apollo Mini through the… Continue reading Apollo Pro wants to be ‘the Cybertruck of scooters’
Autonomous electric truck company Einride rides into Germany
Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. Founded out of Stockholm in 2016, Einride has raised some $150 million in funding to commercialize a cab-less autonomous cargo truck, one that can be controlled remotely, if required, by human operators. It’s a… Continue reading Autonomous electric truck company Einride rides into Germany
Autonomous Delivery Robots Market Size to Grow by USD 24.78 bn, Growth of the E-commerce Industry to Drive Growth – Technavio
NEW YORK, Sept. 16, 2022 /PRNewswire/ — The “Autonomous Delivery Robots Market by Type and Geography – Forecast and Analysis 2022-2026″ report has been added to Technavio’s offerings. The autonomous delivery robots market size is estimated to grow by USD 24.78 bn from 2021 to 2026. In addition, the growth momentum of the market will accelerate at… Continue reading Autonomous Delivery Robots Market Size to Grow by USD 24.78 bn, Growth of the E-commerce Industry to Drive Growth – Technavio
These ETFs are capitalizing on the luxury goods boom
From couture fashion to high-end automobiles, it seems luxury buyers can’t get enough. High-end retailer Neiman Marcus says 2% of its customers account for 40% of sales, and those wealthy customers are buying the retailer’s luxury brands. Neiman says the top 20 brands on offer are all high-end brands. Luxury outfitter Canada Goose (GOOS), which… Continue reading These ETFs are capitalizing on the luxury goods boom
Eviation Names Gregory Davis as CEO
Company President Takes Helm of Leading Electric Aircraft Manufacturer ARLINGTON, Wash., Sept. 16, 2022 /PRNewswire/ — Eviation, a global manufacturer of all-electric commuter aircraft, today announced the appointment of Gregory Davis as Chief Executive Officer. Davis will remain President of Eviation as he takes on the additional role of CEO. A licensed commercial pilot and accomplished… Continue reading Eviation Names Gregory Davis as CEO
DENSO to Exhibit, Participate in Mobility-Themed Panels at ITS World Congress 2022
Vice President of North America R&D to join panels on C-V2X and Edge Computing; booth will feature DENSO’s Two Great Causes: Green and Peace of Mind SOUTHFIELD, Mich., Sept. 16, 2022 /PRNewswire/ — DENSO, a leading mobility supplier, will exhibit and participate in panels at ITS World Congress 2022 in Los Angeles, September 18-22. DENSO’s booth, #811,… Continue reading DENSO to Exhibit, Participate in Mobility-Themed Panels at ITS World Congress 2022
Indian diplomats upset with Punjab CM’s false claim on BMW setting manufacturing plant
New Delhi, The diplomats in the External Affairs Ministry in India and the abroad are troubled with the claims made by the Punjab Chief Minister Bhagwant Mann about setting up of a new BMW manufacturing plant in Punjab which was later refuted by the leading auto giant BMW. According to a source with the Ministry,… Continue reading Indian diplomats upset with Punjab CM’s false claim on BMW setting manufacturing plant
Suzuki invests in Australian mobility software company
Suzuki Motor Corporation has invested in Melbourne-based Applied Electric Vehicles to accelerate the software development for next generation mobility. Applied EV is an Australian tech company that has developed a vehicle control system, based entirely on software known as the Digital Backbone, for use in electric vehicles dedicated to autonomous driving applications. The Digital Backbone… Continue reading Suzuki invests in Australian mobility software company
2W sales may take 5 years to return to FY19 peak levels: Atsushi Ogata of HMSI
Sales of two-wheelers could take about five years to return to the peak levels of 20218-19 even as the rural markets continue to struggle from the impact of Covid19, said Atsushi Ogata, managing director and CEO of Honda Motorcycle and Scooter India (HMSI). He was speaking on the sidelines of SIAM’s 62nd annual session in Delhi. Ogata… Continue reading 2W sales may take 5 years to return to FY19 peak levels: Atsushi Ogata of HMSI