Chinese regulatory scrutiny has come to haunt companies across sectors and the latest to suffer from the increased oversight is Warren Buffett-backed EV manufacturer BYD Company Limited (OTC: BYDDF). What Happened: China’s BYD is forced to suspend the proposed listing of its chip making arm due to a regulatory probe into the law firm advising… Continue reading Buffett-backed Chinese EV Maker BYD’s IPO Plans For Chip Unit Hampered By Regulatory Probe: Report
Tag: Electric vehicles
Mark Cuban echoed Cathie Wood’s bullish views on AI after ‘Big Short’ investor Michael Burry bet against her fund
Mark Cuban. Brandon Wade/AP Images Mark Cuban echoed Cathie Wood’s views after “The Big Short” investor Michael Burry bet against her. The “Shark Tank” star touted AI, one of Wood’s investment themes, as a huge competitive advantage. Cuban has also expressed similar views to Wood on topics such as cryptocurrencies. See more stories on Insider’s… Continue reading Mark Cuban echoed Cathie Wood’s bullish views on AI after ‘Big Short’ investor Michael Burry bet against her fund
Bitcoin and ethereum are gearing up to knock out all-time highs as cryptocurrencies get ‘too big to be ignored,’ a 20-year market veteran says. Here are 5 high-upside coins he’s watching closely.
Bitcoin and ethereum could soon race past their all-time highs, according to strategist Nick Cawley. Increased interest in crypto by retail investors, banks, and businesses has fueled the rally. Here are the five cryptos Cawley’s watching closely as positive sentiment sweeps the crypto market. See more stories on Insider’s business page. Expect bitcoin and ethereum… Continue reading Bitcoin and ethereum are gearing up to knock out all-time highs as cryptocurrencies get ‘too big to be ignored,’ a 20-year market veteran says. Here are 5 high-upside coins he’s watching closely.
Automotive Thermal Systems Market worth $49.1 billion by 2026 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 23, 2021 /PRNewswire/ — According to the new market research report “Automotive Thermal Systems Market by Application (Front & rear A/C, Engine & Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery), Technology, Components, Vehicle Type and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global Automotive Thermal Systems Market is projected to… Continue reading Automotive Thermal Systems Market worth $49.1 billion by 2026 – Exclusive Report by MarketsandMarkets™
Hyundai Mobis to showcase AI-controlled concept car and innovative solutions at IAA Mobility 2021
The company will also showcase the most innovative technology components of the new all-electric Hyundai IONIQ 5. Thanks to the advanced MOBIS electrification components, the IONIQ 5 is considered the next evolutionary step in electromobility and already achieves a range of up to 100 kilometers after just 5 minutes of charging and a range of… Continue reading Hyundai Mobis to showcase AI-controlled concept car and innovative solutions at IAA Mobility 2021
Charging e-vehicles at Kerala State Electricity Board stations to cost Rs 15/unit
KOCHI: The free charging enjoyed by electric vehicles (EV) owners at Kerala State Electricity Board (KSEB) charging stations will come to an end in two weeks. It will cost the EV owners Rs 15 per unit. Kerala State Electricity Regulatory Commission has given directions to KSEB in this regard. Officials said that customers could charge… Continue reading Charging e-vehicles at Kerala State Electricity Board stations to cost Rs 15/unit
TN auto industry divided over Centre’s new vehicle scrappage policy
Chennai: The automobile industry of Tamil Nadu is divided over the Centre’s new vehicle scrapping policy. The policy envisages that commercial vehicles that have completed 15 years and private vehicles that completed 20 years and fail the fitness tests should be off the road. While automobile dealers have welcomed the government decision, the used car… Continue reading TN auto industry divided over Centre’s new vehicle scrappage policy
Euler Motors bags Flipkart, BigBasket order for 2,500 e-three-wheelers
New Delhi-based electric mobility start-up Euler Motors has announced that it has received orders from leading e-commerce players including BigBasket, Flipkart and Udaan among others for 2,500 electric three-wheelers for intra-city deliveries. As part of the understanding, the companies will deploy Euler Motors’ EV across Delhi NCR, Bangalore, Hyderabad and Chennai for first-, mid- and… Continue reading Euler Motors bags Flipkart, BigBasket order for 2,500 e-three-wheelers
Fontinalis Partners Closes $104M Fund III
Fontinalis Partners, a mobility-focused venture firm with offices in Detroit and Boston, closed a $104m third fund. Fontinalis III brings the firm’s total committed capital to approximately $270m, and the fund is comprised of more than 30 limited partners spanning institutional investors, individuals & family offices, and corporate investors with strategic relevance to mobility. In… Continue reading Fontinalis Partners Closes $104M Fund III
DisruptedA secret weapon for self-driving car startups: Humans10:06 AM UTC
FREMONT, Calif., Aug 23 (Reuters) – Self-driving startups like Cruise and Pony.ai have begun testing their driverless cars in some parts of California in the past year, with an additional feature: Human operators. While there is no driver behind the wheel, the passenger seat is occupied by a safety operator who “has a red button… Continue reading DisruptedA secret weapon for self-driving car startups: Humans10:06 AM UTC