Increasing government push is likely to boost sales of Electric Vehicles due to exemption of taxes and duties. Lack of market leaders and ease of entry will act a positive reinforcement for emergence of newer homegrown EV manufacturing companies. Increasing technological advancement and emergence of Electric Mobility-as-a-Service (EMaaS) will be witness in the EV space.… Continue reading Electric two-wheeler Vehicle Industry is expected to increase Electric two-wheeler sales revenue at a CAGR of ~6% between 2021 and 2026: Ken Research
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The City of Newburgh expands parking operations and enforcement with Passport
Passport’s platform continues to bring easier, more convenient parking payments across New York NEWBURGH, N.Y., Aug. 8, 2022 /PRNewswire/ — The City of Newburgh is excited to launch its first mobile payment option for parking powered by Passport, a leading transportation software and payments company, beginning on Monday, August 8, 2022. Through Passport’s mobile parking… Continue reading The City of Newburgh expands parking operations and enforcement with Passport
Global Transmission Fluid Market Report 2022: High Demand for Passenger & Commercial Vehicles in Emerging Economies & Development of New Engines & Transmission Assemblies Present Opportunities
DUBLIN, Aug. 8, 2022 /PRNewswire/ — The ‘Transmission Fluid Market – Global Outlook and Forecast 2022-2027’ report has been added to ResearchAndMarkets.com’s offering. The global transmission fluid market is expected to grow at a CAGR of 5.15% during 2022-2027. Transmission fluid is a product that provides lubrication for the transmission assembly which consists of transmission, gearbox, and… Continue reading Global Transmission Fluid Market Report 2022: High Demand for Passenger & Commercial Vehicles in Emerging Economies & Development of New Engines & Transmission Assemblies Present Opportunities
EDENRED LAUNCHES INNOVATIVE VISA FLEET CARD SOLUTION
New service in the U.S. brings enhanced digital capabilities and greater efficiencies to save businesses time and money BOSTON, Aug. 8, 2022 /PRNewswire/ — Edenred, a global leader in specific-purpose payment solutions, announced today the launch of Edenred Essentials. The solution, built in collaboration with Visa, is an innovative fuel, electric vehicle (EV) charge and vehicle… Continue reading EDENRED LAUNCHES INNOVATIVE VISA FLEET CARD SOLUTION
AgTech’s Growth Opportunities Ripen, According to Barclays Bank
Population growth, climate change, water and land scarcity, and shifting consumer preferences are driving the need to revamp food systems at every stage, from seed to table – creating opportunities for companies like ACTX. CORONA, Calif., Aug. 8, 2022 /PRNewswire/ — Advanced Container Technologies, Inc (Ticker: ACTX), announced that it is operating in a sector… Continue reading AgTech’s Growth Opportunities Ripen, According to Barclays Bank
German Handelsblatt: VW works council: How much can a works council earn? Surprising court ruling alarms corporations004968
Bernd Osterloh The former head of the VW works council earned 750,000 euros a year at its peak. (Photo: Reuters) The process of the high payment of the former VW works council boss Bernd Osterloh has a surprising aftermath. In its judgment, the Regional Court of Braunschweig set very narrow limits for the remuneration of… Continue reading German Handelsblatt: VW works council: How much can a works council earn? Surprising court ruling alarms corporations004968
China drafts rules on use of autonomous vehicles for public transportIt will encourage the use of robotaxis in easily controlled scenarios in low-traf…
China should adopt autonomous vehicles in passenger transport with care, the country’s Ministry of Transportation said in drafted rules to regulate the self–driving industry. The ministry will encourage the use of autonomous vehicles as taxis in easily controlled scenarios in low traffic situations, according to a draft seeking public advice published on Monday. “The management of transportation with autonomous driving vehicles should stick to the principles with safety as the top priority,” the Ministry of Transportation… Continue reading China drafts rules on use of autonomous vehicles for public transportIt will encourage the use of robotaxis in easily controlled scenarios in low-traf…
Patrick Boumalham is HSBC’s new global head of wealth sales
HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division, effective in September, according to an internal memo seen by Reuters and confirmed by a company spokesperson. He replaces Antony Shaw, HSBC’s global head of wealth sales who was named the CEO of HSBC Australia two weeks ago. The move will… Continue reading Patrick Boumalham is HSBC’s new global head of wealth sales
China Tourism looks to launch $2.74b Hong Kong listing on Friday
China Tourism Group Duty Free Corp is aiming to launch its Hong Kong listing worth up to $2.74 billion on Friday in what would be the city’s largest share sale in 2022, said two sources with direct knowledge of the matter. The Shanghai-listed company, which has built the largest duty-free retail network in China, plans to sell 5%… Continue reading China Tourism looks to launch $2.74b Hong Kong listing on Friday
Astra International’s $247m gain on GoTo investment helps it double profits in H1
Indonesian conglomerate Astra International realised a gain of 3.7 trillion rupiah ($247.4 million) on its investment in the IDX-listed tech giant GoTo in H1 2022. Astra’s profit rose 106% year-on-year to 18.2 trillion rupiah in the six-month period, in part due to gains in its GoTo investment, said Tira Ardianti, head of investor relations at… Continue reading Astra International’s $247m gain on GoTo investment helps it double profits in H1