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At present, the former Continental division is still strongly attached to the combustion engine and other areas. In 2022, drive supplier Vitesco Technologies turned around EUR 1.1 billion, compared to 0.9 billion euros in 2021 with electric drives and other components for electric vehicles.The supplier believes that electrification products are becoming important and will soon account for the majority of the sales. The company recorded incoming orders of EUR 14…

The telecom industry in India has become investment-oriented and an employment generator and exports of mobile are expected to exceed USD 10 billion in the current financial year 2022-23, said Union minister Ashwini Vaishnaw."All the component systems are in India. In the coming years...will see electronic manufacturing, telecom manufacturing growing exponentially," said Union Minister of Communications Ashwini Vaishnaw told reporters on Tuesday.As part of its AtmaNirbhar plan, the government launched Production Linked…

Elon Musk-run Tesla's 2023 vehicle deliveries are projected to exceed 1.7 million units, with a 31 percent YoY growth, and it seems attainable if the company's recent price cuts remain in effect for most of the year, a report showed.Tesla's strong fundamentals are expected to keep the company ahead of most other electric vehicle brands globally.Tesla announced price cuts this month, which has resulted in the demand ballooning to twice the production, according to Counterpoint Research.Besides, pilot production of the…

The 1.5 degree Celsius threshold of global warming refers to the maximum temperature increase above pre-industrial levels that the international community has agreed to strive to limit warming to, as outlined in the 2015 Paris Agreement. This target is considered more ambitious than the previous goal of limiting warming to 2 degrees Celsius and is seen as necessary in order to avoid the worst impacts of climate change, such as more frequent and severe heatwaves, droughts, and storms, as well as rising sea levels and…

India's 5G smartphone shipments will exceed that of 4G shipments by the end of next year, driven by the mass adoption of the high-speed network and the rise in the sale of handsets in the lower-price bands, market research firm Counterpoint said on Thursday.Although India's overall smartphone shipments are estimated to see a yearly decline this year due to component supply issues and macroeconomic factors, 5G will continue to push smartphone demand in 2023 as well, Counterpoint added.5G data speed in India is expected to…

Last updated: December 7th, 2022 at 17:53 UTC+01:00 Samsung is expected to surpass the 1 million shipment mark for QD-OLED TVs next year. As a result, the company will almost triple shipments in 2023, and market watchers predict that Samsung will continue to increase QD-OLED TV shipments through next year and into 2024. Samsung shipped around 450,000 QD-OLED TVs this year, and UBI Research analysts cited by The Elec expect the company to increase QD-OLED shipments to 1.3 million next year. According to the source,…

Image Source : PIXABAY Twitter Twitter boss Elon Musk has said that the microblogging platform may exceed one billion monthly users in the next 12 to 18 months. "I think I see a path to Twitter exceeding a billion monthly users in 12 to 18 months," Musk tweeted. Earlier this month, Twitter had told advertisers that its daily user growth has hit an "all-time high"…

by Market Trends November 26, 2022 Dogecoin (DOGE) is the earliest meme coin to be introduced to the cryptocurrency market. It was able to achieve success because it took advantage of a market niche that had yet to be filled at the time. Now, several new meme coins have launched that are looking to emulate the success of Dogecoin.One such coin is Rocketize Token (JATO), which is looking to become one of the most popular meme coins. But does it have the potential to exceed the popularity of the meme coin giant? This…

In the next few decades rising sea will lead to increased storm and tidal flooding for millions of Americans in coastal communities. Norfolk, Virginia, is pictured here with an inundated roadway. Credit: City of Norfolk New results show average sea level rise approaching the 1-foot mark for most coastlines of the contiguous U.S. by 2050. The Gulf Coast and Southeast will see the most change.…