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BMW, Jaguar and Porsche invest in mobility startup Urgent.ly as part of $21M round; roadside assistance

Green Car Congress

BMW i Ventures; InMotion Ventures, Jaguar Land Rover’s venture capital fund; and Porsche Ventures have invested in US-based Urgent.ly—a —a global digital roadside assistance platform—as part of a $21-million Series B round. The funding round, which also saw participation from current investors, was oversubscribed.

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ABI: connected car market will endure a 15% shipment decline, flat revenues in 2020; sales return on trend early 2022

Green Car Congress

After years of consistent growth, the connected vehicle industry will face a 15% decline in shipments and flat revenues in 2020, according to projections by ABI Research, a global tech market advisory firm. ABI Research expects 115 million global connected car shipments, and a market value of US$83 billion in 2025.

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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

This is in alignment with Tata Motors efforts to make itself ‘FutuReady’ by embracing new technologies, fostering higher platform efficiency and offering solutions that connect with the aspirations of our customers. Global ŠKODA sales reached 1.3 —Günter Butschek, CEO and Managing Director of Tata Motors. million cars in 2016.

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Events and shows related to electric vehicles in 2023 around the world

Electric Vehicles India

The venue is near the headquarters of Mercedes-Benz, Porsche, Bosch, and Mahle. 12) Connected, Autonomous, and Electric Vehicle Expo (14-15th February 2023, KTPO Convention Centre, Whitefield, Bangalore, India) The trade fair will be held on a very large-scale level and will see 5000 delegates and over 60 Indian and international speakers.

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As An EV Maker, What Does It Take to Win the EV Race?

Get Electric Vehicle

Author: Alwin Antony We know for a fact that there is a race going on in the electrification of automobiles globally. The research and design include developing cutting-edge battery technology to increase range and decrease charging times, as well as enhancing autonomous driving capabilities and connectivity features.

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Volkswagen launches new Passat GTE plug-in hybrid in Europe

Green Car Congress

In Asia the launch will also be this year. Together with the plug-in hybrids from Audi (A3 e-tron, Q7 e-tron and R8 e-tron) and Porsche (Cayenne S E-Hybrid and Panamera S E- Hybrid), Volkswagen AG now has ten models in its portfolio driven wholly or partially on electric power. (The and e-Golf.) TSI for this kind of use as well.

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