Representative Image New Delhi: USD 1.7 billion was invested in the EV industry in 2021 by PE/VC investors. This amount has reached USD 666 million in 2022 so far. Meanwhile, the EV industry is likely to create more than 10Mn direct jobs and 50Mn indirect jobs by 2030, says a recently launched IVCA-EY-Induslaw report. “While… Continue reading EV sales in India to cross 9 million units by 2027: Report
Tag: Electric vehicles
Goa to stop offering EV subsidy from July 31
The Department of New & Renewable Energy, Government of Goa, has issued a notice announcing that it will stop offering subsidies for electric vehicles (EVs) in the state, with effect from July 31, 2022. This makes Goa the first state in the country to discontinue subsidies for EVs. The Goa Electric Mobility Policy was introduced… Continue reading Goa to stop offering EV subsidy from July 31
German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004865
Audi assembly in Ingolstadt Audi plans radical conversion. (Photo: Audi) The Volkswagen subsidiary Audi wants to halve factory costs in the coming years. “Having production costs in half means halving the hours per vehicle,” said Audi Board Member for Production Gerd Walker in Ingolstadt. In addition, the two large German Audi plants in Ingolstadt and… Continue reading German Handelsblatt: Auto industry: “We need radical steps” – Audi wants to halve factory costs004865
German Handelsblatt: Mercedes quarterly figures: This is how high Mercedes-Benz sales and profits are in Q2004864
The most important thing about the quarterly figures from Mercedes-Benz The Mercedes-Benz Group, formerly Daimler, achieved sales of 36.4 billion euros in Q2 2022. The company’s operating profit was 4.6 billion euros. Earnings per share were EUR 2.91 in Q2. When did Mercedes-Benz publish the quarterly figures for Q2 2022? On Wednesday, July 27, 2022,… Continue reading German Handelsblatt: Mercedes quarterly figures: This is how high Mercedes-Benz sales and profits are in Q2004864
BayWa r.e. Partners with PVpallet to Distribute Reusable Solar Module Shipping Solution
The first-of-its-kind reusable, recyclable and collapsible pallet is specifically designed for solar modules. PVpallet reduces packaging waste and protects the physical integrity of modules during transport and staging, resulting in fewer broken modules. David Dunlap, stepping into his new role as the vice president of product strategy with BayWa r.e. Solar Systems LLC, said: “As… Continue reading BayWa r.e. Partners with PVpallet to Distribute Reusable Solar Module Shipping Solution
Jiuzi Holdings Inc. Recruits Five New Franchisees in Guangxi
HANGZHOU, China, July 27, 2022 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN; the “Company”), a leading new energy vehicle (NEV) dealership group under the brand name “Jiuzi” in China, today announced that its operating entity, Hangzhou Zhitongche Technology Limited (“Zhitongche”), has added five new franchisees in Guangxi Zhuang Autonomous Region (“Guangxi”), China since the execution… Continue reading Jiuzi Holdings Inc. Recruits Five New Franchisees in Guangxi
@Tata-JLR: JAGUAR LAND ROVER REPORTS Q1 REVENUES OF £4.4 BILLION AS SUPPLY CHAIN HEADWINDS CONTINUE; ORDERS AT RECORD LEVELS
About Jaguar Land Rover: Reimagining the future of modern luxury by design Jaguar Land Rover is reimagining the future of modern luxury by design through its distinct, British brands. Our current model range embraces fully electric, plug-in hybrid and mild-hybrid vehicles, as well as the latest diesel and petrol engines. Our class-leading Jaguars and Land… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS Q1 REVENUES OF £4.4 BILLION AS SUPPLY CHAIN HEADWINDS CONTINUE; ORDERS AT RECORD LEVELS
GracoRoberts Combines with SkyGeek.com to Solidify its Position as the Largest, Fastest, and Most Technical Aerospace Specialty Chemicals Distributor in the World
Transaction Solidifies a Global Ecommerce Strategy and Deepens Leadership in the MRO Segment ARLINGTON, Texas, July 27, 2022 /PRNewswire/ — GracoRoberts has acquired New York-based Styles Aviation, Inc. (dba SkyGeek.com) (“SkyGeek”) to cement its standing as the largest, fastest, and most technically focused aerospace specialty chemicals distributor around the globe. The combination with SkyGeek addresses the… Continue reading GracoRoberts Combines with SkyGeek.com to Solidify its Position as the Largest, Fastest, and Most Technical Aerospace Specialty Chemicals Distributor in the World
Banks in the metaverse can’t lend you money yet, but they still want to sell you the dream
Image: CaixaBank/imagin Meta’s vision for the metaverse depicts a mixed reality blending the physical and the digital world, which gives students new interactive-learning environments or surgeons the ability to practice before laying their hands on a real patient. But for the moment, the concept developed by Mark Zuckerberg’s company consists of different platforms similar to… Continue reading Banks in the metaverse can’t lend you money yet, but they still want to sell you the dream
Tesla doubles down on better range estimates with now tire pressure and more being taken into account
Tesla is doubling down on delivering better range estimates with now tire pressure, battery cooling and heating, and more being taken into account in the calculations. Range calculations are difficult regardless of the type of powertrain, electric or internal combustion engine. There are just so many factors that can affect the efficiency of a vehicle… Continue reading Tesla doubles down on better range estimates with now tire pressure and more being taken into account