NEW YORK, Sept. 3, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global system integration market in Indonesia size is estimated to grow by USD 655 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 7.12% during the forecast period. Exponential increase in data generation… Continue reading Indonesia System Integration Market to Grow by USD 655 Million (2024-2028) Driven by IoT Data Surge, AI-Powered Market Insights – Technavio
Tag: Magna
Tata Motors unveils Ultra EV 7M with 160km range at Prawaas 4.0 sustainable mobility expo
Tata Motors, India’s largest commercial vehicle manufacturer and market leader, has showcased an array of cutting-edge mass mobility solutions at Prawaas 4.0, a three-day biennial event highlighting safe, smart and sustainable integrated mass mobility solutions, which opened today at the BIEC in Bengaluru. The company unveiled the all-new Tata Ultra EV 7M, a zero-emission, intra-city… Continue reading Tata Motors unveils Ultra EV 7M with 160km range at Prawaas 4.0 sustainable mobility expo
Tata Motors unveils Ultra EV 7M with 160km range at Prawaas 4.0 sustainable mobility expo
Tata Motors, India’s largest commercial vehicle manufacturer and market leader, has showcased an array of cutting-edge mass mobility solutions at Prawaas 4.0, a three-day biennial event highlighting safe, smart and sustainable integrated mass mobility solutions, which opened today at the BIEC in Bengaluru. The company unveiled the all-new Tata Ultra EV 7M, a zero-emission, intra-city… Continue reading Tata Motors unveils Ultra EV 7M with 160km range at Prawaas 4.0 sustainable mobility expo
Here’s Why Investors Should Avoid Magna (MGA) Stock Right Now
Magna International Inc. MGA is facing challenges from lower-than-anticipated vehicle production in Europe, cancellation of programs, discontinued production of Fisker Ocean and hefty investment in technologically advanced products. Let’s find out why this Zacks Rank #4 (Sell) stock should be avoided. Magna has made a downward revision in its 2024 & 2026 sales and adjusted… Continue reading Here’s Why Investors Should Avoid Magna (MGA) Stock Right Now
Electric Vehicle Power Inverter Market to Expand by USD 9.1 Billio (2024-2028) Driven by BEV and PHEV Sales Growth, AI Impact on Trends- Technavio Report
NEW YORK, Aug. 23, 2024 /PRNewswire/ — The global electric vehicle (EV) power inverter market size is estimated to grow by USD 9.13 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 9.45% during the forecast period. Increasing sales of bevs and phevs is driving market growth, with a trend towards in-wheel… Continue reading Electric Vehicle Power Inverter Market to Expand by USD 9.1 Billio (2024-2028) Driven by BEV and PHEV Sales Growth, AI Impact on Trends- Technavio Report
Rhonda Walker Foundation’s 12th Year Holding its Annual Automotive Industry Golf Challenge Raises Over $700,000
DETROIT, Aug. 20, 2024 /PRNewswire/ — The Rhonda Walker Foundation (RWF) held its 12th Annual Automotive Industry Golf Challenge on August 12, 2024, raising more than $700,000 to support the organization’s vision where every young girl has the opportunity to thrive, succeed and become a catalyst for positive change. This year’s event was a memorable day… Continue reading Rhonda Walker Foundation’s 12th Year Holding its Annual Automotive Industry Golf Challenge Raises Over $700,000
Automotive Cockpit Module Market size is set to grow by USD 25.6 billion from 2024-2028, Adoption of advanced HMI in mass-segment vehicles boost the market, Technavio
NEW YORK, Aug. 14, 2024 /PRNewswire/ — The global automotive cockpit module market size is estimated to grow by USD 25.6 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.22% during the forecast period. Adoption of advanced hmi in mass-segment vehicles is driving market growth, with a trend towards maturing autonomous vehicles… Continue reading Automotive Cockpit Module Market size is set to grow by USD 25.6 billion from 2024-2028, Adoption of advanced HMI in mass-segment vehicles boost the market, Technavio
Magna (MGA) Shares Fall 7.9% Since Q2 Earnings Miss Estimates
Shares of Magna International MGA have lost 7.9% since the company reported second-quarter 2024 results. The auto equipment provider reported adjusted earnings of $1.35 per share, which declined from the year-ago quarter’s $1.50 and missed the Zacks Consensus Estimate of $1.46. Net sales remained flat year over year at $11 billion and missed the Zacks… Continue reading Magna (MGA) Shares Fall 7.9% Since Q2 Earnings Miss Estimates
SKH and Magna forms an alliance for body and chassis operations in India
Krishna Group’s Metals Division, SKH, has formed a strategic alliance with Magna International Inc for Body and Chassis operations in India, creating a new entity called SKH M. This alliance is part of SKH’s expansion strategy in the automotive components sector and builds upon the company’s history of international partnerships across multiple continents, including collaborations… Continue reading SKH and Magna forms an alliance for body and chassis operations in India
Serve Robotics Announces Second Quarter 2024 Results
Manufacturing activities commenced on 2,000-robot fleet deployment following entry into manufacturing agreement with Magna and amendment to lidar supply agreement with Ouster Cash position bolstered by proceeds of $40 million equity offering, as well as post-quarter $15 million private placement transaction SAN FRANCISCO, Aug. 13, 2024 /PRNewswire/ — Serve Robotics Inc. (the “Company” or “Serve”)… Continue reading Serve Robotics Announces Second Quarter 2024 Results