Month: March 2023

Sustainability

Why storage solutions are a revolutionary concept?

In renewable energy, storage solutions such as batteries can address the main challenges of the renewable energy industry, i.e. intermittency. As it is a known fact, solar and wind are weather-dependent type renewable energy sources for power generation that can fluctuate greatly. Hence, it is difficult to expect a steady supply of power to the grid. However, with storage solutions, an excess amount of generated … Continue reading Why storage solutions are a revolutionary concept?

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Electromobility

South Korea aims to garner 12 percent of the world’s EV market by 2030

South Korea has set a goal to capture 12% of the global electric vehicle (EV) market by 2030. This is an ambitious target, but there are several factors that support the country’s ability to achieve it. As per industrial reports, South Korea can capture 12% of the global electric vehicle (EV) market by 2030, but requires sustained effort and continued support from the government and … Continue reading South Korea aims to garner 12 percent of the world’s EV market by 2030

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Electromobility

What is the EV battery market scenario in South Korea?

One of the biggest and most developed markets in the world for electric vehicle (EV) batteries is South Korea. Several of the world’s top battery manufacturers, including LG Chem and SK Innovation, which are among the biggest manufacturers of lithium-ion batteries worldwide, are based in South Korea. To help the EV industry expand, these businesses have made large investments in the creation of cutting-edge battery … Continue reading What is the EV battery market scenario in South Korea?

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Electromobility

Comparison of the EV market in the UK and Germany

The electric vehicle (EV) market in the UK and Germany is rapidly growing, driven by government incentives, improved infrastructure, and increased consumer awareness of the benefits of EVs. The comparisons between the two markets: While Germany has a larger automotive industry and a more established electric vehicle market, the UK is catching up quickly and has made significant investments in charging infrastructure and promoting the … Continue reading Comparison of the EV market in the UK and Germany

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Electromobility

What’s with the Peugeot E-3008 SUV?

The Peugeot e-3008 SUV is an electric version of the popular Peugeot 3008 SUV. It was first introduced in 2019 and features a 50 kWh battery that provides a range of up to 316 kilometers (196 miles) on a single charge, according to WLTP standards. The e-3008 SUV is powered by an electric motor that delivers 136 horsepower and 260 Nm of torque and can … Continue reading What’s with the Peugeot E-3008 SUV?

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Electromobility

WattifEV: Redefining Electric Vehicles

In 2020, Wattif EV a Finnish electric vehicle start-up was founded with the mission of providing sustainable and affordable electric mobility solutions. The company is working on developing electric cars and scooters with the goal to offer products that are both environmentally friendly and accessible to everyone. Wattif EV’s first product is an electric scooter called “Wattif S”, designed for urban commuting. The company is … Continue reading WattifEV: Redefining Electric Vehicles

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Technology

How big is the IT startup growth in India?

India is regarded as one of the world’s most desirable locations for technology companies due to its fast-expanding startup environment. The nation boasts a sizable and quickly expanding market for technological services as well as a significant pool of highly qualified and affordable workers. Also, through several programs including “Startup India” and “Digital India,” the Indian government has been aggressively encouraging the startup ecosystem in … Continue reading How big is the IT startup growth in India?

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Technology

What is the scenario of the IT service market in India?

One of the largest in the world and a significant part of India’s economy is the IT service market. The market size of the Indian IT services sector was estimated to be about $167.4 billion in 2020 and is anticipated to increase at a CAGR of 8.9% from 2021 to 2026. The growing use of digital technologies across a variety of industries, such as cloud … Continue reading What is the scenario of the IT service market in India?

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Technology

The comparison of India to other Asian countries in the sensor market

The sensor market comparison in Asian countries:- India is regarded as a significant participant in the global sensor industry and is among the top Asian nations in terms of the size and potential for future growth of the sensor market. India’s sensor market is still rather modest, nonetheless, as compared to other Asian nations. Asia’s and maybe the world’s largest sensor market is found in … Continue reading The comparison of India to other Asian countries in the sensor market

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Technology

How far is the growth in India in the sensor market?

The Indian sensor market is experiencing rapid growth, with a focus on domestic manufacturing capacity development. Key players include Bharat Electronics Limited, Tata Motors, and Godrej & Boyce Manufacturing Company Limited. Government support for IoT sensors in various sectors and the presence of multinational corporations like Siemens AG and Honeywell International Inc. further contribute to the market’s expansion. Continue reading How far is the growth in India in the sensor market?

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