The Global Automotive Electronic Control Unit Industry Is Forecasted To Reach USD 106.88 Billion By 2025
The global automotive electronic control unit industry is expected to witness significant growth by reaching USD 106.88 billion by 2025, while exhibiting a CAGR of 6.5% between 2019 and 2025. The market was worth USD 70.02 billion in 2018. An…
Import Tax On Lithium-Ion Cell Likely
India plans to impose tariffs on imports of lithium-ion cells for as long as a decade and offer incentives to boost local manufacturing as part of a broader effort to scale down trade ties with China, two people aware of the developments…
EESL To Set Up 162 Electric Vehicle Charging Stations In Noida
The Energy Efficiency Services Limited (EESL) has signed an agreement with the New Okhla Industrial Development Authority (Noida) to set up 162 public charging stations and related infrastructure. According to the press statement issued by EESL, the partnership will aim…
Mahindra’s Urban Green Last-Mile Vehicle ‘Atom’ To Be Launched Next Year
Mahindra and Mahindra teased its upcoming electric quadricycle Atom. The 4-seater vehicle, to be marketed as an urban green last-mile connectivity vehicle, is expected to be launched sometime next year. The Atom was earlier showcased during the Auto Expo 2020…
Electreon Is Making The First Electrified Road That Can Charge EVs On-The-Go
Apart from the ongoing Coronavirus pandemic, our Earth is suffering from heavy global warming for quite a long time now. As a result, electric vehicles are becoming more and more essential in several countries. However, one critical issue of EVs…
Government Finalises Draft For Hydrogen-Powered Cars; Industry Moves One Step Closer To Fuel-Cell Vehicles
The automotive industry moved a step closer to the commercial launch of hydrogen-powered vehicles in India with the government-instituted automotive industry standards committee (AISC) submitting a final draft on its regulations. This is the second time the government is considering…
Human Horizons And Microsoft Partner To Create Onboard AI Assistant For HiPhi
At the World Artificial Intelligence Conference 2020 (WAIC 2020) held online this year, Human Horizons announces its strategic partnership with Microsoft to jointly develop an on-board AI assistant, the HiPhiGo, for HiPhi vehicles. Human Horizons is an innovative mobility company…
Global Electric Vehicle Traction Motor Market Is Projected To Reach USD 40.16 Billion By 2027
Electric Vehicle Traction Motor Market was valued at USD 2.63 Billion in 2019 and is projected to reach USD 40.16 Billion by 2027, growing at a CAGR of 40.7 % from 2020 to 2027. An Electric Vehicle Traction Motor uses…
Power Pioneer Invents New Battery That Is 90% Cheaper Than Lithium-Ion
Lithium-ion batteries play a central role in the world of technology, powering everything from smartphones to smart cars, and one of the people who helped commercialize them says he has a way to cut mass production costs by 90% and…
Mumbai-Based EV Startup Raises Funding To Launch Three New Models This Year
Mumbai-based electric vehicle (EV) startup Earth Energy EV announced that it received an undisclosed amount of seed funding. The company plans to use the funds to facilitate the launch of three vehicle models, which it has been working on. The…
