Borqs Collaborates With Qualcomm and Others To Tap Indian, Southeast Asian E-Bike Market


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  • Borqs Technologies, Inc (NASDAQ:BRQScollaborated with QUALCOMM Incorporated (NASDAQ:QCOM) and other major chipset vendors to engage in the R&D and sales of automobile telematics products primarily for the India and Southeast Asia markets. 
  • The products include an in-vehicle-infotainment system (IVI) and Telematics Control Unit (TCU) for two and three-wheelers – also called electric scooters or E-bikes.
  • India's total sales of electric two-wheelers, including high-speed and low-speed, CY21 increased by 132% year on year.
  • The high-speed electric two-wheelers, with speeds greater than 25 km/h, registered a whopping 425% growth, while the low-speed ones grew only by 24%.
  • Price Action: BRQS shares traded higher by 20% at $0.43 on the last check Tuesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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