XPeng reports 45% sales drop in Q1, forecasts EV deliveries to fall in Q2

Chinese pure-play electric vehicle maker XPeng (XPEV) reported a steep drop in sales in the first quarter, likely the result of increased competition in the tight Chinese EV market and an uneven recovery in the China following its lifting of COVID-19 protocols. For the quarter, XPeng reported revenue of RMB 4.03 billion ($590 million), a… Continue reading XPeng reports 45% sales drop in Q1, forecasts EV deliveries to fall in Q2

AutoZone (AZO) Q3 Earnings Surpass Estimates, Revenues Miss

AutoZone Inc. AZO reported earnings of $34.12 per share for third-quarter fiscal 2023 (ended May 6, 2023), up 17.5% year over year. Earnings surpassed the Zacks Consensus Estimate of $30.84. Net sales grew 5.8% year over year to $4,090.5 million. The top line, however, lagged the Zacks Consensus Estimate of $4,102.8 million. In the reported… Continue reading AutoZone (AZO) Q3 Earnings Surpass Estimates, Revenues Miss

Ceramic Matrix Composites Market is Probable to Influence the Value of USD 2.73 billion, with Growing CAGR of 12.19% by 2029

Innovation and expansion in Ceramic Matrix Composites and applications will create lucrative opportunities for the global Ceramic Matrix Composites Market PUNE, India, May 24, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the… Continue reading Ceramic Matrix Composites Market is Probable to Influence the Value of USD 2.73 billion, with Growing CAGR of 12.19% by 2029

Mobile Mapping Market Size to Grow USD 127.3 Billion by 2031 at a CAGR of 18.2% | Valuates Reports

BANGALORE, India, May 24, 2023 /PRNewswire/ — The Global Mobile Mapping Market is Segmented by Offering (Solution, Service), By Deployment Model (On-premise, Cloud), By Enterprise Size (Large Enterprises, SMEs), By Application (Topographic Mapping, Road Surveys, 3D Modeling, Asset Management, Others), By Industry Vertical (Construction & Real Estate, Energy & Utilities, Transportation & Logistics, Retail, Government &… Continue reading Mobile Mapping Market Size to Grow USD 127.3 Billion by 2031 at a CAGR of 18.2% | Valuates Reports

United States (US) Hydrogen Fuel Cell Trucks (FCT) Market Report 2023: Rising Demand for Alternative Fuel Source Vehicles Boosts Sector

DUBLIN, May 24, 2023 /PRNewswire/ — The “United States (US) Hydrogen Fuel Cell Trucks (FCT) Market | Size, Share, Trends and Forecast to 2028″ report has been added to  ResearchAndMarkets.com’s offering. The implementation of strict emission regulations, rising demand for vehicles using alternative fuels amid energy transition, advantages offered by the fuel cell trucks (long… Continue reading United States (US) Hydrogen Fuel Cell Trucks (FCT) Market Report 2023: Rising Demand for Alternative Fuel Source Vehicles Boosts Sector

Ceramic Matrix Composites Market is Probable to Influence the Value of USD 2.73 billion, with Growing CAGR of 12.19% by 2029

Innovation and expansion in Ceramic Matrix Composites and applications will create lucrative opportunities for the global Ceramic Matrix Composites Market PUNE, India , May 24, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the… Continue reading Ceramic Matrix Composites Market is Probable to Influence the Value of USD 2.73 billion, with Growing CAGR of 12.19% by 2029

DXC’s Luxoft Partners with Red Hat to Enable Car Manufacturers to Accelerate the Development of Software-Defined Vehicles

ZUG, Switzerland, May 22, 2023 /PRNewswire/ — Luxoft, a DXC Technology Company (NYSE: DXC), has announced a collaboration with Red Hat to accelerate the development of software-defined vehicles (SDVs) with open source technologies. Through the partnership, the companies will build on the power of open source and the latest advances in automotive software, to accelerate new… Continue reading DXC’s Luxoft Partners with Red Hat to Enable Car Manufacturers to Accelerate the Development of Software-Defined Vehicles

Continental Integrates Imagry’s Autonomous Driving Technology to Support Automated Parking for Mass Market Passenger Cars

Solution automates parking spot exploration Once a suitable parking spot has been identified by the system the vehicle will park autonomously, using Continental’s and Imagry’s technology Function designed for use in both covered parking garages and uncovered parking lots Integration complements the new industry concept of the “Software Defined Vehicle” (SDV) in which specialty applications… Continue reading Continental Integrates Imagry’s Autonomous Driving Technology to Support Automated Parking for Mass Market Passenger Cars

Meet SINBON Electronics at EUROBIKE 2023 Germany

TAIPEI, May 22, 2023 /PRNewswire/ — We proudly announce that SINBON Electronics is attending “EUROBIKE 2023” for the first time at Messe Frankfurt, Germany through June 21st – 23rd, 2023 at booth E27 in Hall 9.2. We will be showcasing the customized and integrated e-bike services from component design and manufacturing to cloud-based electrical control systems with IoT… Continue reading Meet SINBON Electronics at EUROBIKE 2023 Germany

Mobile Mapping Market Size to Grow USD 127.3 Billion by 2031 at a CAGR of 18.2% | Valuates Reports

BANGALORE, India, May 24, 2023 /PRNewswire/ — The Global Mobile Mapping Market is Segmented by Offering (Solution, Service), By Deployment Model (On-premise, Cloud), By Enterprise Size (Large Enterprises, SMEs), By Application (Topographic Mapping, Road Surveys, 3D Modeling, Asset Management, Others), By Industry Vertical (Construction & Real Estate, Energy & Utilities, Transportation & Logistics, Retail, Government &… Continue reading Mobile Mapping Market Size to Grow USD 127.3 Billion by 2031 at a CAGR of 18.2% | Valuates Reports