MG Motor launched a new Business to Develop EV Charging Infrastructure
MG Motor India has recently launched an enterprise, MG Charge, with the goal of installing 1000 chargers in household locations across India. MG Motor India will deploy type-2, 1000-AC fast chargers, a commonly used form of charger for electric vehicles…
VAPR Acquired E-Cite Motors, an Electric Vehicle Manufacturer
VaporBrands International, Inc. has announced the acquisition of 100% of E-Cite Motors, L.L.C., a cutting-edge electric vehicle start-up. VAPR will devote all of its resources to E-Cite Motors and has suspended all Vape or CBD-related activity in consideration of this…
Fourier Intelligence Secures USD 62 million in funding for Healthcare Robotics
Fourier Intelligence, a neurorehabilitation robotics firm, recently raised more than USD 62 million in Series D funding. The funds will be used to boost Fourier’s go-to-market development and expansion, according to the Shanghai-based start-up. Fourier also intends to expand its…
ElectriVa EV Charging Company is in Talks to Raise USD 30 Million
ElectriVa, an electric vehicle charging start-up, is in talks to raise USD 30 million, which will be used to expand the company in response to demand for charging stations from government organizations and housing societies. The company presently operates 35…
Telecoms partners offer the world’s first e-SIM-only Service
As a service provider, E-SIM Mobilise has partnered with telecommunications services provider OV to offer an exclusive world-class embedded SIM (e-SIM) service to a global client base. OV, a mobile network operator (MNO) of Manx Telecom, has created an e-SIM…
Green Hydrogen Production using a Water-Based Electrolyzer
Verdagy, a firm creating a water-based electrolyzer for green hydrogen generation, has received USD 25 million in funding from BHP Ventures, TDK Ventures, Tech Ventures, Orbia, Shell Ventures, Doral Energy, Kholsa Ventures, and Temasek. The concept is intended to produce…
Siemens buys Wattsense in order to improve IoT Solutions for Buildings
Siemens Smart Infrastructure has finalized the acquisition of a French firm Wattsense, a software and hardware start-up that provides a unique plug-and-play IoT management program for small and mid-size buildings, therefore increasing Siemens’ building product line. Wattsense was founded in…
Toyota leads the EV Market with a Battery that is safer and lasts longer
Although (BEVs) are growing more popular worldwide, some purchasers are put off by the dangers of fire and rapid degradation associated with EV batteries. As a result, Toyota Motor Corp., a newcomer to the BEV industry, is putting forth utmost…
ABB is looking for acquisitions to expand its Electric Vehicle (EV) Charging Business
After its IPO later this year, ABB’s e-mobility business will embark on an acquisition spree in order to meet its lofty sales targets, said the company’s CEO. The company, which manufactures quick electric chargers for automobiles, buses, and trucks, announced…
