In the same quarter last year, 19 EV models were for sale in the U.S. Compare this to 33 models this year. Photo: Canva New vehicle sales in the second quarter struggled, up only modestly from the first quarter and down more than 20% from Q2 2021, Cox Automotive recently reported. There were a few positive… Continue reading EV Sales Hit Record High in Q2 2022
Category: News Type
Sixt Expands into Canada
Sixt says it will bring to Canada a higher percentage of premium and lower mileage vehicles, including BMWs and Mercedes-Benz models. Photo: Sixt Car rental provider Sixt announced in a statement the brand’s expansion to the Canadian market, accelerating its international growth across North America. The brand’s first Canadian branch will be located in downtown Vancouver’s Library Square. Following Vancouver, Sixt will soon open in… Continue reading Sixt Expands into Canada
Taiwan says Foxconn needs govt nod to invest in Chinese chip firm Tsinghua UnigroupFoxconn’s unit plans to invest $1.46b for a stake in Unigroup, Taiw…
Taiwan’s Foxconn, the world’s largest contract electronics maker, would need Taiwanese government permission if its unit were to invest in embattled Chinese chip conglomerate Tsinghua Unigroup, a government official said on Thursday. Taiwan media has reported that Foxconn‘s China-listed unit Foxconn Industrial Internet Co Ltd plans to spend 9.8 billion yuan ($1.46 billion) for a stake in Unigroup, as… Continue reading Taiwan says Foxconn needs govt nod to invest in Chinese chip firm Tsinghua UnigroupFoxconn’s unit plans to invest $1.46b for a stake in Unigroup, Taiw…
US crypto lender Celsius files for bankruptcy
US crypto lender Celsius Network said on Wednesday it has filed for bankruptcy, becoming the latest victim in the cryptocurrency sector to wilt under a dramatic plunge in prices. New Jersey-based Celsius listed estimated assets and liabilities on a consolidated basis in the range of $1 billion to $10 billion, according to a court filing in the US Bankruptcy… Continue reading US crypto lender Celsius files for bankruptcy
US venture capital dealmaking dips in H1 2022 as economic uncertainty bites
Venture capital dealmaking in the United States dipped in the first half of 2022, as investors shied away from signing large cheques for startups due to uncertain macroeconomic conditions and market turmoil, according to a report on Thursday. The value of deals struck in the first half of 2022 dropped to $144.2 billion, due to an ongoing… Continue reading US venture capital dealmaking dips in H1 2022 as economic uncertainty bites
Vanpowers Bike Exhibits at Eurobike 2022 Messe Frankfurt in July with Breakthrough Assembled Frame
“Vanpowers Bike is dedicated to green and clean mobility and offering sustainable e-bike development solutions as people place more and more emphasis on environmentally friendly transportation and sustainable development. Through this exhibition, we intend to introduce people to our brand and e-bikes while also sharing our ideas for enhancing the performance and safety of e-bikes.”… Continue reading Vanpowers Bike Exhibits at Eurobike 2022 Messe Frankfurt in July with Breakthrough Assembled Frame
Le 1 Hotel Nashville est désormais ouvert
« Avec l’ouverture du 1 Hotel Nashville, nous célébrons l’entrée de notre marque dans cette région dynamique et riche sur le plan culturel, a déclaré Barry Sternlicht, fondateur de 1 Hotels, président du conseil et président directeur général du Starwood Capital Group. Nous sommes heureux de démontrer de façon tangible notre mission, notre vision et notre raison d’être globales, y… Continue reading Le 1 Hotel Nashville est désormais ouvert
Trampoline Market Analysis, Jumpking International and JumpSport Inc. Among Key Vendors – Technavio
The trampoline market size is expected to grow by USD 678.28 million from 2021 to 2025, and the growth momentum of the market will accelerate at a CAGR of 4.16% during the forecast period. NEW YORK, July 14, 2022 /PRNewswire/ — The growth of the trampoline market will be dominated by North America during the forecast period. The region… Continue reading Trampoline Market Analysis, Jumpking International and JumpSport Inc. Among Key Vendors – Technavio
Rupee hits life low for fourth straight day as dollar strengthens
NEW DELHI: The rupee on Thursday hit a fresh low against the dollar, as the latter strengthened against key global currencies, following inflation data released in the US overnight. Hitting a fresh low for the fourth day, the domestic currency touched 79.83 against the US dollar. Data released overnight showed US CPI inflation came in… Continue reading Rupee hits life low for fourth straight day as dollar strengthens
India-China trade goes up to over USD 67 billion in first half of the year amid surge in Chinese exports
Last year, the India-China bilateral trade hit a record high of over USD 125 billion crossing the USD 100 billion mark in a year when the relations touched a new low due to standoff by the militaries in Eastern Ladakh. Beijing: The India-China trade is on course to cross USD 100 billion for the second… Continue reading India-China trade goes up to over USD 67 billion in first half of the year amid surge in Chinese exports