The sales of electric vehicles are surging rapidly with China and Tesla leading the charge. The company sold 56,000+ electric cars in China in September 2021. Moreover, CEO of Chinese EV Company Nio said that the industry should be able to meet the government's goal of having EVs account for 20% of total sales next year, three years ahead of target.
With the transport sector accounting for around 25% of the total greenhouse gas emission, electric vehicles (EVs) are seen as one of the vital components of sustainable mobility for the future. As an EV owner, people always have to worry about keeping their vehicle charged within a given range.
Super apps are applications that enable you to access a wide range of services from a single platform. A super app can be interpreted as a virtual setup where you can find services from various brands under one roof.
Gone are the days, when the businesses were used to run solely on word of mouth and goodwill. Now, the brands, businesses are competing to get real-life traction from the prospect consumers/ customers in order to achieve their targets.
In the series of recent Covid related events, two bigshot Biotech firms from the east(India) and west (US) have decided to co-create the vaccines for corona.
The rise in adoption of AI-systems in the Automotive industry has backed up Hyundai India’s growth even more amidst the Lockdown period, giving it a ground-breaking record of the highest ever monthly production of 71,000 units in December 2020, pushing their existing capacity by 20%.
The global market for Automotive is going through its most significant transition ever. Automakers constantly develop various new techniques or modes of driving vehicles autonomously and electrically, and adjust their business models and product portfolios accordingly.
The experimental coronavirus vaccine of Gilead Sciences Inc. failed its first randomized clinical trial, announced on April 23, 2020, but the drugmaker said the findings of the test in China were inconclusive as it was completed early. Gilead's stock dropped almost 6% to $76.56, which comes days after a new study documenting the rapid recovery of fever and respiratory symptoms in COVID-19 patients at the University of Chicago Medicine Hospital.
Starbucks' new move is aimed at boosting the digital part of its business in China, one of its key markets. Starbucks has collaborated with the venture capital firm Sequoia Capital China to co-invest in development firms in the second largest economy in the world.
This week, as clinical trials on humans were approved in Germany and launched in the UK, the race to produce an effective vaccine against the novel coronavirus has gathered momentum. While about 150 research projects are now being implemented worldwide, the German and British plans are among only five human clinical trials approved worldwide.
