Automobile

Toyota wins 2022 car design award for concept vehicles with Compact Cruiser EV

Toyota’s concept car Compact Cruiser EV has won the prestigious Car Design Award 2022. Toyota’s concept car Compact Cruiser EV has won the prestigious Car Design Award 2022. Created by the Toyota ED2 (ED Square) team in Nice, the Compact Cruiser EV was first unveiled on the Mega Web in Tokyo last December. “Our research …

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“Arena del Futuro” demonstrates capability of dynamic inductive recharging technology for electric vehicles

“Arena del Futuro” (“Arena of the Future”) circuit built by A35 Brebemi in collaboration with Stellantis and other partners field tests revolutionary dynamic induction electric charging for EVs After months of testing on the “Arena del Futuro” track, Stellantis, together with its project partners, today demonstrated the ability of Dynamic Wireless Power Transfer (DWPT) technology …

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Basquevolt, the Basque initiative for the production of solid-state batteries, is launched with the aim of producing 10GWh by 2027

The founding consortium of investors in the project, promoted by the Basque government, includes Iberdrola, CIE Automotive, Enagás, EIT InnoEnergy and CIC energiGUNE, whose research has facilitated the formation of this initiative. The initiative plans to launch a production line within 4 years, with an investment of 700 million euros and the creation of more …

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UAE Ministry of Energy and Infrastructure selects Siemens tech to power nation’s electric vehicle charging corridor

The United Arab Emirates Ministry of Energy and Infrastructure selected Siemens technology for a nationwide network of ultra-fast electric vehicle (EV) chargers that will help reduce CO2 emissions, boost electric vehicle adoption by addressing the so-called range anxiety and lay the foundation for a more connected and sustainable transportation system. Ten Siemens Sicharge D 160 …

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NEW AUTO goes TikTok: Volkswagen Group debuts on video platform for digital natives

From now on, Volkswagen’s transformation into a technology company will be accompanied by a TikTok channel called “newauto” – the name of the Group’s strategy. This is the first appearance of the Volkswagen Group on the trendy video platform. Creative and entertaining videos on the channel explain the historic transformation into the mobility world of …

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Adient will participate in the Deutsche Bank Global Auto Industry Conference

Adient (NYSE: ADNT), a global leader in car seats, will attend the Deutsche Bank Global Auto Industry Conference on Thursday, June 16, 2022. Adient (NYSE: ADNT), a global leader in car seats, will participate in the Deutsche Bank Global Auto Industry Conference on Thursday, June 16, 2022. Adient’s executive vice president and CFO, Jeff Stafeil, …

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Vayyar Imaging secures new financing round

Israel-based Vayyar Imaging has announced it has completed a $108 million Series E financing round led by Koch Disruptive Technologies (KDT), bringing the company’s total financing to more than $300 million. The new round includes first-time Vayyar financiers GLy Capital Management and Atreides Management LP, alongside existing investors including KDT, Battery Ventures, Bessemer Ventures, More …

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stream: Omega Seiki enters passenger electric three-wheeler segment, launches Stream at Rs 3.40 lakh

Omega Seiki Mobility, the EV arm of the Anglian Omega Group, announced its entry into the passenger electric tricycle segment on Friday with the launch of Stream, priced at Rs 3.40 lakh (ex-showroom New Delhi) after the government subsidy. The company said it has invested about $12-15 million in the new product, which is to …

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