FACTS AT A GLANCE Edition: 9; Released: January 2021 Executive Engagements: 499 Companies: 196 – Players covered include Accell Group N.V; Aima Technology Group Co. Ltd.; Ampler Bikes; Cannondale Bicycle Corporation; Coboc GmbH & Co. KG; Cowboy; Derby Cycle AG; Desiknio; M1-Sporttechnik GmbH & Co. KG; Giant Manufacturing Co. Ltd.; Jiangsu Xinri E-Vehicle Co., Ltd.; Kalkhoff; Merida Industry Co., Ltd.;… Continue reading Global Electric Bikes Market to Reach $34.7 Billion by 2026
Tag: Electric vehicles
Why Tesla has plummeted since the start of the year
Trees don’t rise to the sky, investors who bet on Tesla earlier this year have realized the hard way. The stock market price of the darling of Wall Street in 2020 , which had been multiplied by 8 between March and December, has continued to decline since early 2021. It fell from $ 880 in… Continue reading Why Tesla has plummeted since the start of the year
BorgWarner Completes Tender Offer and Acquires 89.08% of AKASOL AG
AUBURN HILLS, Mich., June 4, 2021 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) today announced that it has completed the tender offer for shares of AKASOL AG, resulting in BorgWarner owning 89.08% of AKASOL’s outstanding shares following completion of the tender offer. The acquisition further strengthens BorgWarner’s commercial vehicle and industrial electrification capabilities, which positions the Company to… Continue reading BorgWarner Completes Tender Offer and Acquires 89.08% of AKASOL AG
TEMSA keeps expanding its electric vehicle fleet in Europe
AN EXAMPLE FOR THE ‘SMART CITIES’ VISION Tolga Kaan Doğancıoğlu, TEMSE CEO, highlighted the fact that TEMSA is becoming an significant influencer concerning electric vehicles in the European market, and added, “We continue our endeavors rapidly to strengthen our position in foreign markets, particularly in Europe, with our partners’ know-how and competitive power in the international… Continue reading TEMSA keeps expanding its electric vehicle fleet in Europe
Poonawalla Group company h2e Power Systems working on hydrogen-powered 3-wheeler
Pune-based h2e Power Systems, a Poonawalla Group company, is developing what it claims is India’s first totally integrated hydrogen fuel cell three-wheeler. Developed in collaboration with Canada-based company Hydrogen in Motion, the eco-friendly vehicle uses PEM fuel cell and innovative hydrogen cylinders The development is under the aegis of a Indo-Canadian program funded by GITA (A… Continue reading Poonawalla Group company h2e Power Systems working on hydrogen-powered 3-wheeler
Tesla’s China orders fall by nearly half in May – report
By Reuters Staff 2 Min Read (Reuters) – Tesla Inc’s vehicle orders in China nearly halved in May from April, against the backdrop of increased government scrutiny on the U.S. electric carmaker, the Information reported on Thursday, citing internal data. FILE PHOTO: A Tesla car pictured at a charging point in Beijing, China, April 13,… Continue reading Tesla’s China orders fall by nearly half in May – report
Enertech & Ewha Technologies Information to Establish a Battery Pack Joint Factor and Target the Middle East Nuclear UPS Market
A medium-sized domestic battery maker and a power equipment manufacturer will establish a joint battery plant to target the Middle Eastern nuclear power plant market. Enertech International (hereafter Enertech) and Ewha Technologies Information plan to build a battery factory for Uninterruptible Power Supply (UPS) that uses the power saved and stored, in case when nuclear… Continue reading Enertech & Ewha Technologies Information to Establish a Battery Pack Joint Factor and Target the Middle East Nuclear UPS Market
Jindal Aluminium’s Naveen Mehta: ‘We foresee an upsurge in aluminium use at Indian automakers.’
Naveen Mehta, Senior Vice-President, Extrusion Operations at Jindal Aluminium, on how aluminium can help drive sustainability and energy efficiency even as manufacturers develop new alloys with newer manufacturing processes to make it cost-effective for OEMs. An interview by Mayank Dhingra. There is growing use of aluminium in the auto industry, in India and globally. What… Continue reading Jindal Aluminium’s Naveen Mehta: ‘We foresee an upsurge in aluminium use at Indian automakers.’
Tata Power’s Sandeep Bangia: ‘We are committed to playing a key role in India’s transition to e-mobility.’
Tata Power, India’s largest integrated power company, is aggressively expanding its EV charging network. Sandeep Bangia, Head — EV, HA & ESCO Business, details the strategic plan to facilitate easy access to EV owners with chargers across town and country, national highways and tourist spots, and ease of use of the EZ digital platform. What… Continue reading Tata Power’s Sandeep Bangia: ‘We are committed to playing a key role in India’s transition to e-mobility.’
@niche: Workhorse Posts Best 3-Day Jump Since July on Retail Fandom000925
(Bloomberg) — Troubled electric truck startup Workhorse Group Inc. has become the latest darling of retail traders, who have pushed its share price up 58% in just three trading sessions. The stock soared as much as 59% on Thursday, before closing up 28%, the biggest one-day move since Jan. 26. Workhorse, which is still in… Continue reading @niche: Workhorse Posts Best 3-Day Jump Since July on Retail Fandom000925