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Autobrains Announces Its Design Win for ADAS Solution Implementing Liquid AI in Chinese Electric Vehicle
Commercial EV, Electric Car, Electric Fleet May 21, 2024 Jeanice Fetzer Comments: 0

Autobrains Announces Its Design Win for ADAS Solution Implementing Liquid AI in Chinese Electric Vehicle

TEL AVIV, ISRAEL and MUNICH, GERMANY, May 21, 2024 – (ACN Newswire) – Autobrains, a disrupter in automotive artificial intelligence (AI) and Advanced Driver Safety Systems (ADAS), today announced their nomination, which will see Autobrains’ innovative software, Liquid AI, deployed in a new line of vehicles developed by a leading Chinese Electric Vehicle manufacturer. Production of these new vehicles is expected to begin during Q4, 2024. Autobrains Announces Design Win for ADAS...
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Electric Vehicle Company Spiro raises $50 million to boost sustainable transportation in Africa
Commercial EV, Electric Car, Electric Fleet May 20, 2024 Milcah Lukhanyu Comments: 0

Electric Vehicle Company Spiro raises $50 million to boost sustainable transportation in Africa

– Ad- Spiro, an electric vehicle company in Africa, has signed a US$50 million debt facility with the African Export-Import Bank (Afreximbank) aimed at enhancing sustainable transportation in Africa. Spiro, with over 14,000 bikes, over 9 million swaps in five countries in Africa, aims to reduce environmental impact and enhance urban mobility, build an integrated EV ecosystem in Africa with multitude of partners and establish a wide range of charging infrastructure which include battery sw...
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Electric Vehicle Company Spiro partners with Afreximbank to boost sustainable transportation in Africa
Commercial EV, Electric Car, Electric Fleet May 20, 2024 Milcah Lukhanyu Comments: 0

Electric Vehicle Company Spiro partners with Afreximbank to boost sustainable transportation in Africa

– Ad- Spiro, an electric vehicle company in Africa, has signed a US$50 million debt facility with the African Export-Import Bank (Afreximbank) aimed at enhancing sustainable transportation in Africa. Spiro, with over 14,000 bikes, over 9 million swaps in five countries in Africa, aims to reduce environmental impact and enhance urban mobility, build an integrated EV ecosystem in Africa with multitude of partners and establish a wide range of charging infrastructure which include battery sw...
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Spiro, Africa’s Largest Electric Vehicle Maker, Agrees To US$50m Debt Facility With Afreximbank to Accelerate Expansion
Commercial EV, Electric Car, Electric Fleet May 18, 2024 Obafemee80 Comments: 0

Spiro, Africa’s Largest Electric Vehicle Maker, Agrees To US$50m Debt Facility With Afreximbank to Accelerate Expansion

Spiro, Africa’s largest Electric Vehicle Company, agrees to US$50 Million Debt Facility with Afreximbank to accelerate expansion. The EV company says the US$50 million debt facility will help expand its network of automated swap stations and introduce new electric bike models. Last August, Spiro announced a $63m debt funding round with Societe Generale, a deal designed to expand the company’s footprint in Benin and Togo. Spiro, Africa’s largest Electric Vehicle (EV) Company, has announced...
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Spiro secures $50m debt funding from Afreximbank to expand electric vehicles in Africa
Commercial EV, Electric Car, Electric Fleet May 17, 2024 Frank Eleanya Comments: 0

Spiro secures $50m debt funding from Afreximbank to expand electric vehicles in Africa

Spiro, an India-based electric vehicle company, has signed a $50 million debt financing deal with Afreximbank to expand its offering in its existing markets. The company operates in six countries: Benin, Togo, Kenya, Nigeria, Uganda, and Ghana, and plans to expand to Cameroon, and Morocco this year.  The company has spent the past two years mapping African cities and identifying potential markets. It claims to be the largest operator of electric motorbikes in Africa and has mostly focused on tw...
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Kia’s Popular Electric Vehicle, The EV6 Gets A Mid-Cycle Refresh For 2025
Commercial EV, Electric Car, Electric Fleet May 14, 2024 Autojosh Comments: 0

Kia’s Popular Electric Vehicle, The EV6 Gets A Mid-Cycle Refresh For 2025

Kia’s popular electric vehicle, the EV6, is getting a mid-cycle refresh designed to keep it at the forefront of the rapidly evolving EV market. With a subtle facelift, updated interior technology, and a larger battery promising more range, Kia hopes to solidify the EV6’s position as one of the most popular EVs in its class. On the outside, the EV6’s futuristic design has been subtly enhanced with angular headlights that bring it closer to its larger sibling, the EV9. The GT-Line trim adds...
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Biden announces 100% tariff on Chinese-made electric vehicles – The Guardian
Commercial EV, Electric Car, Electric Fleet May 14, 2024 Margherita Motsinger Comments: 0

Biden announces 100% tariff on Chinese-made electric vehicles – The Guardian

The US president, Joe Biden, has announced a 100% tariff on Chinese-made electric vehicles as part of a package of measures designed to protect US manufacturers from cheap imports. In a move that is likely to inflame trade tensions between the world’s two biggest economies, the White House said it was imposing more stringent curbs on Chinese goods worth $18bn. Sources said the move followed a four-year review and was a preventive measure designed to stop cheap subsidised Chinese goods flooding...
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Tinubu Commissions Lithium Processing Plant, Set To Make Nigeria Electric Vehicle Battery Manufacturing Hub Of Africa
Commercial EV, Electric Car, Electric Fleet May 12, 2024 Obafemee80 Comments: 0

Tinubu Commissions Lithium Processing Plant, Set To Make Nigeria Electric Vehicle Battery Manufacturing Hub Of Africa

President Tinubu to Lithium Investors : My Govt is to make Nigeria the Solar Panel/EV Battery manufacturing hub of Africa. The president made the remarks following the inauguration of a $200 million lithium processing plant in Nasarawa State. The lithium processing plant in Nasarawa is a 500-million-dollar turnover company, according to the State Governor. President Tinubu has told Chinese Lithium investors that his government is set to make Nigeria the Solar Panel and Electric Vehicle (EV) Batt...
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Toyota Set To Invest Heavily On Electric Vehicles And Artificial Intelligence
Commercial EV, Electric Car, Electric Fleet May 9, 2024 Autojosh Comments: 0

Toyota Set To Invest Heavily On Electric Vehicles And Artificial Intelligence

Toyota, often considered a reluctant follower in the electric vehicle race, is making a dramatic U-turn with a hefty investment push into EV development and artificial intelligence. This is a significant shift in strategy for the Japanese giant, which has long advocated for hydrogen fuel cell technology to be the future of sustainable transportation. Spearheading this transformation is Toyota’s CEO, Koji Sato. Under his leadership, the company has recently seen record profits, and now Sato...
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Chevrolet Malibu heads for the junkyard as GM shifts focus to electric vehicles
Commercial EV, Electric Car, Electric Fleet May 9, 2024 Becki Pepper Comments: 0

Chevrolet Malibu heads for the junkyard as GM shifts focus to electric vehicles

Updated : , ,   DETROIT (AP) — The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard. General Motors confirmed Thursday that it will stop making the car introduced in 1964 as the company focuses more on electric vehicles. The midsize sedan was once the top-selling segment in the U.S., a stalwart of family garages nationwide. But its sales started to decline in the early 2000s as the SUV became more prominent and pickup truck sales grew. Now the...
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