Browsing: Market Updates

Anant Nahata, CEO of Exicom, spoke on the scope of the collaboration in detail: “Addressing the challenges of reliability and a seamless EV charging experience in the Indian market is crucial. Our partnership with Hubject aims to provide a frictionless charging experience for EV users.”

Electric vehicle (EV) maker Fisker has officially filed for Chapter 11 bankruptcy protection. Despite its ambitious lineup of products, the decision followed the collapse of a significant deal with another major automaker.

HERE Technologies, a location data and technology platform, in collaboration with Amazon Web Services (AWS), has released a new whitepaper that sheds…

According to the latest Kantar BrandZ Most Valuable Global Brands 2024 report, BYD has successfully retained its position within the Top 10 global automotive brands for the second consecutive year, with a brand value exceeding US$10 billion.

TVS Motor Company has launched its operations in Italy. The company will introduce a selection of its advanced, high-quality thermic and electric scooters and motorcycles.

Gagandeep Reehal, CEO and Co-founder, of Minus Zero said: “With India taking a strong stance in the global AI race, close collaboration between industry and academia is crucial to foster an ecosystem that incentivizes researchers to pursue foundational AI research in India, rather than catching up on trends from the West. This partnership marks an important step in this vision to foster a culture of collaborative and open research in AI & autonomous driving technology in India for the world.”

Abhishek Poddar, India Country Head, Macquarie Group, said: “The transition to electric vehicles will bring significant benefits to India – increasing its energy independence and mitigating the impacts of climate change. Vertelo aims to play a key role in accelerating this transition by making it easy for its customers to realise the benefits of going electric immediately.”

Ola, the ride-hailing services provider, has announced the cessation of its operations in the UK, Australia, and New Zealand, opting…

General Motors (GM) has recognized HARMAN, an automotive electronics technology company and a subsidiary of Samsung Electronics Co., Ltd. focused on delivering consumer experiences at automotive grade, as a 2023 Supplier of the Year. GM celebrated honorees at its 32nd annual Supplier of the Year awards ceremony in Miami, Florida last week.

Says Ravi Viswanathan, Managing Director, TVS Supply Chain Solutions, “It is a remarkable milestone that highlights the significance of our digital capabilities, scalability and adaptability that ensured we stayed in line with our customers’ evolving requirements.”