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Current Affairs: The Trends Shaping EV Charging Technology, Reports IDTechEx

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Thursday, April 18, 2024

Hydrogen, MCS, HDV, Toyota, Volvo, BEV, Traction, Electricity, Research, Watt, CCS, CONFIG.SYS, EV, Fleet, Hitachi, GM, Electric vehicle, AC, Daimler, Government, Growth, Players

BOSTON, April 18, 2024 /PRNewswire/ -- Based on their ongoing research into the EV charging market, IDTechEx estimates that 222 million chargers will be needed by 2034 to support the growing global EV fleet. IDTechEx also predicts that the cumulative global investment in global charging infrastructure will exceed $123 billion by 2034 (hardware cost alone). IDTechEx research aims to keep up with the changes and developments in EV charging by monitoring and analyzing the EV charging industry, its developments and regulations, and the latest technological trends and innovations.

Key Points:

IDTechEx's report " Charging Infrastructure for Electric Vehicles and Fleets 2024-2034 " covers the trends and developments in the EV charging industry.
The IDTechEx charging infrastructure market report provides an in-depth coverage of multiple types of EV charging solutions including private AC charging, public DC charging, megawatt charging, battery swapping, and wireless charging.
Technologies like destination or wallbox DC chargers, megawatt charging, robotic charging, battery-buffered charging, off-grid charging, and mobile charging are some examples of the emerging EV charging solutions included in the research from IDTechEx.
IDTechEx has the most comprehensive EV charging research portfolio spanning major technologies like traditional conductive charging , wireless charging , battery swapping , and off-grid charging encompassing all vehicle segments already being electrified.

Current Affairs: The Trends Shaping EV Charging Technology, Reports IDTechEx

Retrieved on:

Thursday, April 18, 2024

Hydrogen, MCS, HDV, Toyota, Volvo, BEV, Traction, Electricity, Research, Watt, CCS, CONFIG.SYS, EV, Fleet, Hitachi, GM, Electric vehicle, AC, Daimler, Government, Growth, Players

BOSTON, April 18, 2024 /PRNewswire/ -- Based on their ongoing research into the EV charging market, IDTechEx estimates that 222 million chargers will be needed by 2034 to support the growing global EV fleet. IDTechEx also predicts that the cumulative global investment in global charging infrastructure will exceed $123 billion by 2034 (hardware cost alone). IDTechEx research aims to keep up with the changes and developments in EV charging by monitoring and analyzing the EV charging industry, its developments and regulations, and the latest technological trends and innovations.

Key Points:

IDTechEx's report " Charging Infrastructure for Electric Vehicles and Fleets 2024-2034 " covers the trends and developments in the EV charging industry.
The IDTechEx charging infrastructure market report provides an in-depth coverage of multiple types of EV charging solutions including private AC charging, public DC charging, megawatt charging, battery swapping, and wireless charging.
Technologies like destination or wallbox DC chargers, megawatt charging, robotic charging, battery-buffered charging, off-grid charging, and mobile charging are some examples of the emerging EV charging solutions included in the research from IDTechEx.
IDTechEx has the most comprehensive EV charging research portfolio spanning major technologies like traditional conductive charging , wireless charging , battery swapping , and off-grid charging encompassing all vehicle segments already being electrified.

Volvo Group - the first quarter 2024

Retrieved on:

Wednesday, April 17, 2024

Interview, Volvo, Cryptocurrency

GOTHENBURG, Sweden, April 17, 2024 /PRNewswire/ -- "During Q1 2024, demand continued to normalize at good levels across many of the Volvo Group's markets.

Key Points:

GOTHENBURG, Sweden, April 17, 2024 /PRNewswire/ -- "During Q1 2024, demand continued to normalize at good levels across many of the Volvo Group's markets.
Adjusted for currency, net sales were on the same level as in Q1 2023 and amounted to SEK 131.2 billion.
Invoiced price continued to increase, mainly on the back of carry-over from the price increases we gradually implemented last year.
In Q1 2024, net sales were on the same level as in the previous year and amounted to SEK 131.2 billion (131.3).

Volvo Group to Increase North American Heavy Truck Production Capacity

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Thursday, April 11, 2024

Ecosystem, Volvo, Paint, EUR, Mack Trucks, LVO, Nasdaq Stockholm, Volvo Trucks, NRV, Automotive industry

GOTHENBURG, Sweden, April 11, 2024 /PRNewswire/ -- The Volvo Group today announced that it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group's U.S. production.

Key Points:

GOTHENBURG, Sweden, April 11, 2024 /PRNewswire/ -- The Volvo Group today announced that it will build a new heavy-duty truck manufacturing plant in Mexico to supplement the Group's U.S. production.
The Mack LVO plant in Pennsylvania and the Volvo NRV plant in Virginia will continue to be the company's main North American heavy truck production sites.
It also provides a mature supply and production ecosystem that will complement the U.S. system and increase the resilience and flexibility of the Group's North American industrial footprint.
The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets.

‘AEM Manufacturing Express’ Set to Hit the Road this Summer

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Monday, April 8, 2024

Friends, Government, Caterpillar Inc., Travel, Food, The Toro Company, John Deere, Woman, City, Volvo, Komatsu, AEM, AGCO, Mid-Atlantic, CNH Industrial, Entertainment

The tour will visit more than 20 states, with stops planned at more than 80 equipment manufacturers in communities across the Midwest, Southeast, and Mid-Atlantic.

Key Points:

The tour will visit more than 20 states, with stops planned at more than 80 equipment manufacturers in communities across the Midwest, Southeast, and Mid-Atlantic.
“The ‘AEM Manufacturing Express’ will hit the road this year to celebrate the equipment manufacturing industry and highlight its vital role in building a modern and resilient infrastructure, putting food on people’s tables, and powering vital public services and utilities,” said AEM President Megan Tanel.
Elected officials will join manufacturing workers and their friends and families along the route as the “AEM Manufacturing Express” celebrates the industry’s many contributions to small towns and big cities across the country.
Triple Crown Products is the official apparel sponsor, outfitting AEM Manufacturing Express staff throughout the tour, and DuraMark Technologies is the official decal sponsor, providing design and production of graphic materials for the tour.

Hazelcast Announces Stephen Weston as Chief Scientist

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Thursday, April 4, 2024

Volvo, Organization, Target, Risk management, Learning, Ernst & Young, Science, Internet of things, Financial services, Research, Global 2000, Imperial College London, Fintech, JPMorgan Chase, Machine learning, Medical device

Palo Alto, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Hazelcast, Inc. , the company that enables instant action on all data, announces Dr. Stephen Weston as its chief scientist, bringing deep ML and AI expertise to Hazelcast’s leadership in AI application and data infrastructure.

Key Points:

Palo Alto, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Hazelcast, Inc. , the company that enables instant action on all data, announces Dr. Stephen Weston as its chief scientist, bringing deep ML and AI expertise to Hazelcast’s leadership in AI application and data infrastructure.
Weston, a Ph.D. in mathematical finance, brings 30 years of experience to the role in areas such as AI, risk management, and mathematical modeling.
In addition to his position as chief scientist at Hazelcast, Weston supervises academic research in the department of computing at Imperial College London, where the research group develops models that integrate technology, science and finance.
He and Weston are leading a deep bench of fintech and AI experts at Hazelcast.

Newsweek Announces Third Annual “World’s Greatest Auto Disruptors”

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Tuesday, March 26, 2024

Mercedes-Benz G-Class, Volvo, One World Trade Center, Subaru, Science, Intelligence, Transport, Life, A.I, Subaru of America, Mercedes-Benz Group, Safety, Car, Kia, Management

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Newsweek, the modern global digital news organization, proudly presents its third annual compilation of the "World's Greatest Auto Disruptors."

Key Points:

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Newsweek, the modern global digital news organization, proudly presents its third annual compilation of the "World's Greatest Auto Disruptors."
During the ceremony, the Newsweek Autos team will discuss how artificial intelligence is pushing automakers to be more disruptive than ever.
Winners were chosen through a nomination process and discussions by the Newsweek Autos editorial team.
To view the full article and details of the World's Greatest Auto Disruptors Awards, please visit: https://www.newsweek.com/auto-disruptors-2024

SaverOne Reports Full Year 2023 Results with 128% Year-over-Year Revenue Growth

Retrieved on:

Monday, March 25, 2024

In September 2023, SaverOne launched its first European pilot with Cemex in Spain, covering ten trucks in two regions.

Key Points:

In September 2023, SaverOne launched its first European pilot with Cemex in Spain, covering ten trucks in two regions.
In October 2023, SaverOne announced the win of six new customers covering 90 vehicles in the private bus fleet industry in Israel.
In October 2023, SaverOne signed a distribution agreement with GVZ Company, based in Milan, specializing in the distribution of automotive components and solutions in European markets.
In February 2024, SaverOne announced that Egged Tours would install 300 SaverOne Systems on all its buses.

Auto Dealership Buy/Sell Market Achieves New Transaction Record in 2023, Surpassing 2021 Peak; Valuations Remain at All Time Highs for Top Franchises in High Growth Markets

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Tuesday, April 9, 2024

The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.

Key Points:

The auto dealership buy/sell market’s outperformance relative to the broader corporate M&A market is, according to the report, a result of its distinctly private structure.
“When earnings soared in 2021, buyers correctly projected that pandemic earnings were unsustainable and normalized earnings for valuation purposes.
The public dealership groups acquired 61 franchises for $2.7 billion in 2023, the second highest US acquisition spending level on record.
The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail.

Global and China Passenger Car Cell to Pack, Cell To Chassis and Cell to Body Integrated Battery Industry Report 2024: Currently Only Tesla, BYD, Leapmotor and Xpeng have Released CTC/CTB Technology - ResearchAndMarkets.com

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Monday, April 8, 2024

The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Passenger Car CTP (Cell to Pack), CTC (Cell To Chassis) and CTB (Cell to Body) Integrated Battery Industry Report, 2024" report has been added to ResearchAndMarkets.com's offering.
Currently only four automakers Tesla, BYD, Leapmotor and Xpeng have released CTC/CTB technology and applied it in production models.
Leapmotor: In April 2022 Leapmotor released CTC technology, and first applied it to the production model Leapmotor C01.
In addition to Tesla, BYD, Leapmotor and Xpeng, Xiaomi, Volkswagen, Volvo, JAC and SAIC all make layout of CTC technology.