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South Korean-based Tech Company Dareesoft Inc., has completed a proof of concept (PoC) for its RiaaS (Road Hazard Information as a Service) solution in Dubai,
Tech-based firm Yango, on Monday, launched Yango Drive, a new digital car rental platform in Dubai which aims a convenient and eco-conscious car rental experience for riders as well as it aims to reshape the car rental industry. The firm said the application is a comprehensive car rental marketplace where selected car rental companies from […]
In just three years, the skies over Dubai might be bustling with air taxis. Aerial taxis with a maximum range of 241 kilometres and high speeds of 300 kph have been designed, according to the Dubai Ruler, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE. “Today, we approved […]
The world’s first hydrogen-powered aircraft engine has been successfully operated by Britain’s Rolls-Royce, demonstrating that the gas could be essential to decarbonizing aviation. The ground test utilised green hydrogen produced by wind and tidal power and employed a modified Rolls-Royce AE 2100-A regional aviation engine, the British business announced on Monday. Rolls is working to […]
Despite ongoing interest from potential suitors, Saudi-backed Volocopter, the inventor of the air taxi, said it anticipates remaining independent until after its first commercial flights in 2024, with a public market offering anticipated the following year. Volocopter’s launch funding has topped $518 million, and the business is still raising money. It has received $182 million […]
Due to a persistent shortage of chips and other essential ingredients, some of the world’s largest tech and automotive businesses have had to reduce their goals for this year. Last year, roughly 540 metric tons of neon were consumed globally, primarily in semiconductor fabrication. Ingas and Cryoin, two Ukrainian enterprises, produce 45% to 54% of […]
The Swedish multinational manufacturing company Volvo Cars and SSAB jointly test fossil free steel for the use in automotive industry. The chief executive at Volvo Cars, Håkan Samuelsson, said: “As we continuously reduce our total carbon footprint, we know that steel is a major area for further progress,”“The collaboration with SSAB on fossil-free steel development […]
The South Korean automotive manufacturer Hyundai Motor company to invest $7.4 billion in the U.S. by 2025. Hyundai Motor Group which includes Kia Corporation and Hyundai motor company announced its plans to produce future Electric Vehicles, increase production facilities and further its investments in smart mobility solutions. The investment will prioritise future mobility technologies, including […]
The luxury vehicle division of the South Korean vehicle manufacturer Hyundai Motor Group, GENESIS confirms to bring Korean premium luxury cars to Europe in summer 2021. Genesis Motor Europe has unveiled details of its 2021 European debut in a press conference held in Frankfurt, Germany, and broadcast online. The company plans to start sales this […]
The American multinational automaker Ford Motor company accelerates R&D of battery cell technology which includes battery manufacturing as well. The company has also announced a new global battery centre of excellence called Ford Ion Park. The Ford Ion park Team which is in progress has $185 million collaborative learning lab in southwest Michigan which is […]
The Swedish multinational manufacturing company, Volvo aims to lower CO2 emissions of 2.5 million tonnes using circular business principles by the year 2025. The company’s long-term goal to become a circular business by 2040, Volvo Cars will create closed material loops for emission-heavy materials such as steel and aluminium, as well as remanufacture, repair, reuse […]
The Swedish multinational manufacturing company Volvo and the Swedish steel manufacturer SSAB has joined together to build first fossil-free steel trucks. The collaboration will formalise the agreement on research, serial production, commercialisation and development of vehicles. Volvo will start manufacturing the first concept vehicles and machines with steel from SSAB using hydrogen already in 2021. […]
