PH Digest: Coins.ph bags another central bank licence; FPH acquires Medical Services of America’s local unit

Philippine crypto wallet Coins.ph said it has received a virtual currency exchange licence from the central bank, while FPH has agreed to acquire the local subsidiary of Medical Services of America (MSA). Coins.ph gets virtual currency exchange licence Philippine fiat and crypto wallet services provider Coins.ph has announced that the Bangko Sentral ng Pilipinas (BSP),… Continue reading PH Digest: Coins.ph bags another central bank licence; FPH acquires Medical Services of America’s local unit

GoTo sells stake in Indonesian retailer Alfamart to focus on core business

PT GoTo Gojek Tokopedia Tbk (GoTo), Indonesia’s largest tech group, said on Wednesday that it has sold stake in local retailer PT Sumber Alfaria Trijaya Tbk, popularly known as Alfamart, worth 1.5 trillion rupiah ($96 million). DealStreetAsia understands that GoTo still retains a minority stake in the local retailer. “Alfamart has performed strongly, providing us… Continue reading GoTo sells stake in Indonesian retailer Alfamart to focus on core business

German Manager Magazine: Volkswagen: Why the partnership with Foxconn could fail002186

Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Volkswagen: Why the partnership with Foxconn could fail002186

German Handelsblatt: Commercial vehicles: Rivian announces cooperation with Mercedes from005805

Elektrische Transporter von Rivian Amazon hat bereits Tausende EDV 500 von Rivian geordert. Doch das Start-up schreibt weiter Milliardenverluste. (Foto: imago images/ZUMA Wire) Erst im September hatten Mercedes-Benz Vans und Rivian verkündet, künftig gemeinsam elektrische Transporter bauen zu wollen. Nur drei Monate später ist dieser Plan schon wieder obsolet. Man werde sich künftig auf die eigenen… Continue reading German Handelsblatt: Commercial vehicles: Rivian announces cooperation with Mercedes from005805

German Handelsblatt: Commercial vehicles: Rivian announces cooperation with Mercedes from005805

Elektrische Transporter von Rivian Amazon hat bereits Tausende EDV 500 von Rivian geordert. Doch das Start-up schreibt weiter Milliardenverluste. (Foto: imago images/ZUMA Wire) Erst im September hatten Mercedes-Benz Vans und Rivian verkündet, künftig gemeinsam elektrische Transporter bauen zu wollen. Nur drei Monate später ist dieser Plan schon wieder obsolet. Man werde sich künftig auf die eigenen… Continue reading German Handelsblatt: Commercial vehicles: Rivian announces cooperation with Mercedes from005805

BorgWarner to display wide range of EV parts at Auto Expo Components 2023

In line with its global focus on electrification, BorgWarner will demonstrate how its innovative and sustainable products are helping OEMs make the transition to eMobility at the 2023 Auto Expo Components show in New Delhi, India next month. In Hall A4FF, Booth C27, the company will showcase a broad range of technologies that support vehicle electrification… Continue reading BorgWarner to display wide range of EV parts at Auto Expo Components 2023

BorgWarner to display wide range of EV parts at Auto Expo Components 2023

In line with its global focus on electrification, BorgWarner will demonstrate how its innovative and sustainable products are helping OEMs make the transition to eMobility at the 2023 Auto Expo Components show in New Delhi, India next month. In Hall A4FF, Booth C27, the company will showcase a broad range of technologies that support vehicle electrification… Continue reading BorgWarner to display wide range of EV parts at Auto Expo Components 2023

Mahindra to set up Rs 10,000 crore EV plant in Pune

Mahindra & Mahindra has announced that its investment of Rs. 10,000 crore for electric vehicles has been approved under the Maharashtra Government’s industrial promotion scheme for Electric Vehicles. The company, through its subsidiary, will make investments of approximately Rs. 10,000 crore over a period of 7-8 years for setting up the manufacturing facility, development, and… Continue reading Mahindra to set up Rs 10,000 crore EV plant in Pune

Mahindra to set up Rs 10,000 crore EV plant in Pune

Mahindra & Mahindra has announced that its investment of Rs. 10,000 crore for electric vehicles has been approved under the Maharashtra Government’s industrial promotion scheme for Electric Vehicles. The company, through its subsidiary, will make investments of approximately Rs. 10,000 crore over a period of 7-8 years for setting up the manufacturing facility, development, and… Continue reading Mahindra to set up Rs 10,000 crore EV plant in Pune

Volkswagen India honours 15 outperformers of in-house skills contest

Volkswagen Passenger Cars India has announced the successful completion of the seventh edition of its annual Sarvottam Skill Contest. The upskilling, learning and development program focuses on recognising and rewarding excellence among the sales and service team members within the Volkswagen India network. The top 15 company personnel outperformed in customer experience, critical thinking and… Continue reading Volkswagen India honours 15 outperformers of in-house skills contest