2022 Lexus RX gets redesign, PHEV and new tech

It produces combined totals of 302bhp and 421lb ft for a 0-62mph time of 7.0sec, while an 18.1kWh lithium ion battery yields an electric-only range of 40 miles, putting it slightly ahead of the Land Rover Discovery Sport P300e (37 miles). The RX 500h, positioned as the most dynamically focused model in the line-up, offers… Continue reading 2022 Lexus RX gets redesign, PHEV and new tech

Steve Cropley: A week in winners from Genesis and BMW

This week, Cropley has been getting to grips with some new metal in West Sussex, and has a positive dealership experience to share. Monday Years ago, after the late Earl’s Court and Birmingham NEC car exhibitions had passed into history, Autocar made a point of recognising Goodwood’s rising role as a car-show substitute, and the… Continue reading Steve Cropley: A week in winners from Genesis and BMW

How Marcus Ericsson joined racing’s immortals with Indy500 win

DARK HORSE EMERGES Now, out of the pack came Ericsson, hot Ganassi pit work lifting him to third and the Swede then going to work to demote countryman Felix Rosenqvist and firebrand Mexican Pato O’Ward, teammates at Arrow McLaren SP, sister squad to the F1 team. In those moments Ericsson found underneath him what every… Continue reading How Marcus Ericsson joined racing’s immortals with Indy500 win

Jaguar reveals limited-run F-Pace SVR special edition

A special new version of the V8-powered Jaguar F-Pace SVR has been revealed, inspired by the racing success of the British marque. The Edition 1988, the first limited edition of Jaguar’s range-topping SUV, features unique styling details over the standard SVR, including gloss-purple paint, gold 22in forged alloy wheels and gold exterior and interior detailing. Other touches include an… Continue reading Jaguar reveals limited-run F-Pace SVR special edition

Asia Digest: Infomedia buyout offer; GD1 backs tech fund; iFarmer fundraise …

Australia’s Infomedia has received a preliminary buyout offer while GD1 joins as the lead investor in a new fund from fellow New Zealand VC firm Phase One Ventures. Meanwhile, Bangladesh-based agri platform iFarmer completed its pre-Series A round. Battery Ventures bids $471m for Infomedia Australia-listed SaaS player Infomedia Ltd has received a A$657.6 million ($466.76… Continue reading Asia Digest: Infomedia buyout offer; GD1 backs tech fund; iFarmer fundraise …

Euphoria over, SE Asia’s dozen first-time fund managers will be put to test

As the Southeast Asian private equity (PE) and venture capital (VC) industry comes of age, fundraising has become more vibrant, including activity by first-time funds focusing on the region. However, the ongoing turbulence in the market will put emerging managers to test. A dozen new-to-market PE and VC vehicles announced their first or final close… Continue reading Euphoria over, SE Asia’s dozen first-time fund managers will be put to test

SBI Ven Cap to invest in 12-16 startups with latest digital innovation fund

Japan’s fintech conglomerate SBI Holdings recently launched a digital innovation fund with a target of $75 million. The fund will be managed by SBI Ven Capital (SBIVC), the venture capital arm of SBI Holdings, with general partners including South Korea’s Kyobo Securities and NTUitive, the commercialisation arm of Nanyang Technological University. SBIVC was founded in… Continue reading SBI Ven Cap to invest in 12-16 startups with latest digital innovation fund

Facebook and Instagram’s parent company will change its stock ticker to META on June 9th

When the company formerly known as Facebook announced its plan to rebrand last October, it also announced a new stock ticker. At the time, execs said that after ten years as FB, its NASDAQ listing would transition to MVRS for the metaverse. However, after the investment fund listed under META vacated the symbol in January,… Continue reading Facebook and Instagram’s parent company will change its stock ticker to META on June 9th

Chick-fil-A taps Refraction AI for autonomous delivery pilot

When Refraction AI was founded in 2019, its goal was to use robotics to bring down the cost of last-mile delivery. Over the past couple of years, the startup has worked directly with restaurants in its hometown of Ann Arbor, Michigan, to offer its bike-lane bound robots as a logistics layer for customers, rather than… Continue reading Chick-fil-A taps Refraction AI for autonomous delivery pilot

REDEFINING THE LUXURY CROSSOVER THAT LAUNCHED A SEGMENT: THE ALL-NEW 2023 LEXUS RX

While pursuing a unique identity for 2023, the redesigned model maintains what makes an RX an RX: a comfortable, quiet in-cabin atmosphere, refined ride comfort, excellent grip and drive force control and confident driving enjoyment. “Nothing exemplifies our commitment to the transformation we’re making as a brand and Next Chapter for Lexus product more than… Continue reading REDEFINING THE LUXURY CROSSOVER THAT LAUNCHED A SEGMENT: THE ALL-NEW 2023 LEXUS RX