industry

Hozon Auto teams up with cybersecurity giant | Automotive Industry News

Chinese cybersecurity firm Qihoo 360 will ink a partnership with electric vehicle (EV) startup Hozon Auto.

Qihoo 360 CEO and founder Hongyi Zhou announced the plan to join the elite club of tech CEOs turned smart-carmakers at a company meeting on Tuesday. Household names such as Huawei, Xiaomi and Baidu have recently revealed similar plans to enter the automotive industry.

The Qihoo 360 announcement comes after Hozon Auto-owned EV brand Nezha announced in April that it planned to raise roughly 3 billion Chinese yuan (about $467m) in a Series D financing round. The cybertech firm is leading the raise and,

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The Ecommerce Fashion Industry In 2021

Let our bright and bubbly fashion items brighten up your day as you go about working your day by day actions in our comfy clothes. With extremely flattering cuttings that may fit a wide range of body varieties and curves, you’re sure to fall in love with our Lalu assortment. Singapore’s on-line fashion retailer, iORA has hundreds of things listed on their website, guaranteeing that all of you will try of iORA with something you love. Be ready to be spoilt with choice as you begin scrolling through their infinite catalogue – you’ll never leave till you discover one thing … Read More

Worldwide Automotive Piston Industry to 2026 – Players Include Hitachi Automotive Systems, Federal-Mogul and Arias Piston Among Others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Automotive Piston Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global automotive piston market reached a value of US$ 3.91 Billion in 2020. Looking forward, the publisher expects the global automotive piston market to exhibit moderate growth during 2021-2026.

A piston is a vital component of both internal and external combustion engine which works by generating mechanical energy and providing necessary force to a vehicle for running on the road. It helps in transferring the force from expanding gas in the cylinder to the crankshaft

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Auto Industry Wants Help In Biden’s $50B Semiconductor Plan

Law360 (May 10, 2021, 5:43 PM EDT) — Three leading U.S auto industry groups representing the major motor vehicle companies, workers and parts suppliers urged leaders in Congress on Friday to include a priority for the industry in a $50 billion proposal by President Joe Biden to strengthen domestic semiconductor production.

The presidents of American Automakers, the Motor & Equipment Manufacturers Association and United Auto Workers said in a letter it is crucial that the plan include money for automotive-grade semiconductors.

The letter comes after Biden’s $2 trillion infrastructure plan released in March included $50 billion to increase domestic production

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Electric vehicles are important to Alabama’s auto industry

Electric Vehicles (EVs) have emerged as one of the fastest-growing technology solutions in the field of transportation.

While that statement may be surprising, more than 40 different EV models can currently be purchased in the U.S., and that number is expected to more than double by 2022. Through July 2020, more than 1.5 million plug-in vehicles have been sold in the U.S., and that rate is forecast to accelerate as the federal government prioritizes EVs, more electric cars hit the market, prices continue to decrease and EV infrastructure grows.

Conservative estimates suggest there could be 3 million electric vehicles

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BMW and Ford bet on solid-state batteries | Automotive Industry Analysis

A number of OEMs are seriously looking into solid-state batteries

The investment is the second the two companies have made in Solid Power following a $20 million investment in 2018. Solid Power has already sent hundreds of 2Ah cells for validation by the OEMs and will use the investment to ramp up its production facilities to build a pilot line to produce 100Ah test cells from 2022.

Solid Power’s cells can be made on existing lithium-ion battery manufacturing equipment but, unlike current cells, do not need to undergo the electrolyte filling and cycling phase. The company says these processes account

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