Tough premium business in China Most recently, Mercedes had to significantly reduce the prices for the electric EQS and the slightly smaller EQE in China. (Photo: imago images/Xinhua) Ironically, in their prime discipline, the German car manufacturers are being presented by a little-known Chinese start-up. The company is called Human Horizons and redefines the premium… Continue reading German Handelsblatt: VW, Audi, BMW: Figures in China show: German electric cars are being penalized in the premium league005759
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German Handelsblatt: Auto industry: Blume’s liberation – The VW boss collects the software strategy and reorganizes the group005758
VW boss Oliver Blume Blume replaced Herbert Diess at the top of VW at the beginning of September (Photo: dpa) The CEO of the car manufacturer VW, Oliver Blume, is preparing a reorganization of the company architecture. The core should be a new software strategy that should keep the group fit for the future. Blume… Continue reading German Handelsblatt: Auto industry: Blume’s liberation – The VW boss collects the software strategy and reorganizes the group005758
German Handelsblatt: VW, Audi, BMW: Figures in China show: German electric cars are being penalized in the premium league005759
Tough premium business in China Most recently, Mercedes had to significantly reduce the prices for the electric EQS and the slightly smaller EQE in China. (Photo: imago images/Xinhua) Ironically, in their prime discipline, the German car manufacturers are being presented by a little-known Chinese start-up. The company is called Human Horizons and redefines the premium… Continue reading German Handelsblatt: VW, Audi, BMW: Figures in China show: German electric cars are being penalized in the premium league005759
German Handelsblatt: Auto industry: Blume’s liberation – The VW boss collects the software strategy and reorganizes the group005758
VW boss Oliver Blume Blume replaced Herbert Diess at the top of VW at the beginning of September (Photo: dpa) The CEO of the car manufacturer VW, Oliver Blume, is preparing a reorganization of the company architecture. The core should be a new software strategy that should keep the group fit for the future. Blume… Continue reading German Handelsblatt: Auto industry: Blume’s liberation – The VW boss collects the software strategy and reorganizes the group005758
All-electric Chevy Camaro and Cadillac Escalade brands will be the next GM EV spinoffs
To be the best, you’ve got to beat the best. General Motors plans to transition several iconic brands into the EV era as the automaker gears up for an all-electric future. The latest names under consideration for an EV spinoff are two timeless classics – the Chevrolet Camaro and the Cadillac Escalade. Sources from within… Continue reading All-electric Chevy Camaro and Cadillac Escalade brands will be the next GM EV spinoffs
Partners Group picks majority stake in India’s Sunsure Energy for $400mSunsure will build and own utility-scale solar, wind, solar-wind hybrid, and ba…
Swiss investment firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a Gurugram-headquartered renewable energy and decarbonisation solutions platform, for $400 million. Founded in 2015, Sunsure has developed and installed solar power plants for industrial customers across 16 Indian states. The Sunsure founding team includes Shashank Sharma, Shantanu Faugaat, Manish Mehta,… Continue reading Partners Group picks majority stake in India’s Sunsure Energy for $400mSunsure will build and own utility-scale solar, wind, solar-wind hybrid, and ba…
Data Vantage: Pace, ShopBack, TipTip, TabSquare and FinAccel receive capital injection
Singapore-based buy now, pay later (BNPL) startup Pace received $6 million this week in Series A funding from Vertex Ventures Southeast Asia & India, UOB Venture Management, Mindful Wealth and Taufiq Fuad. The latest capital injection comes about a year after the company announced its $40 million Series A round. The firm has garnered $31.5… Continue reading Data Vantage: Pace, ShopBack, TipTip, TabSquare and FinAccel receive capital injection
Apple Gives Up on Making Its Upcoming Car Fully Autonomous
It turns out that self-driving is really, really hard. Backtracking Tech giant Apple is giving up on full autonomy for its upcoming car and delaying the target launch date by a year to 2026, Bloomberg reports. The company’s highly secretive project, known as Titan, has been in limbo as execs started to realize that current… Continue reading Apple Gives Up on Making Its Upcoming Car Fully Autonomous
Residents Alarmed When Entire River Turns White
That’s not good. Off Color Something alarming happened in the south of England when an entire river mysteriously turned snow white, the BBC reports. Officials from the UK’s Environment Agency (EA) say they’re closing in on the cause: a contaminant being discharged into the waterways, though they declined to elaborate on the source or nature… Continue reading Residents Alarmed When Entire River Turns White
Sam Bankman-Fried Hires Lawyer Who Defended Ghislaine Maxwell
That’s certainly a choice. Past Representation The cryptosphere’s enfant terrible has a new lawyer — and he hired one who’s defended an old antagonist. As Reuters reports, FTX founder Sam Bankman-Fried has tapped Mark Cohen of New York’s Cohen & Gresser law firm, whose client list includes convicted sex trafficker Ghislaine Maxwell, Jeffrey Epstein’s notorious procurer.… Continue reading Sam Bankman-Fried Hires Lawyer Who Defended Ghislaine Maxwell