Vauxhall will launch electric versions of its Vauxhall Astra hatchback and Vauxhall Astra Sports Tourer next summer. Their arrival will bring its battery-electric passenger car range to six models and represent another big step towards its goal of offering only pure EVs by 2028. The new cars will notably increase the electric choice available to buyers… Continue reading 2023 Vauxhall Astra Electric to launch with 258-mile range
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Autocar Drivers of Change 2022: winners revealed
The 2022 Autocar Drivers of Change winners have been announced, showcasing the very best of the automotive industry’s talent with an impressive mix of innovative ideas, from an employee’s work to improve disability rights, to a new payment solution for car servicing, and mapping cityscapes to ease congestion. Three winners have been announced in each… Continue reading Autocar Drivers of Change 2022: winners revealed
SMMT: UK automotive needs government support to thrive
The UK automotive industry has called for swift government intervention to protect it from existential threats – such as protectionist trade policies and soaring energy costs – and guarantee its future prosperity. The Society of Motor Manufacturers and Traders (SMMT), which represents the industry, warned the window for implementing safeguarding policies could close as early as… Continue reading SMMT: UK automotive needs government support to thrive
UK automotive launches diversity, equity and inclusion charter
Sixteen major firms have called for greater diversity across the UK’s automotive industry, launching a charter to address recruitment processes and equity of opportunity. The charter, with signatories including lobby group the Society of Motor Manufacturers and Traders (SMMT), marks the first time the nation’s industry has united under one banner to address diversity, equity… Continue reading UK automotive launches diversity, equity and inclusion charter
A closer look at how East Ventures is driving ESG impact in Southeast Asia
The VC has developed formal processes and toolkits to support ESG efforts across its ecosystem. Go to Source
Sky Mavis calls for rethinking of “play-to-earn” in the next chapter of blockchain gamesSky Mavis has shifted its focus towards gameplay.
Vietnam-based Sky Mavis’s non-fungible token (NFT) game Axie Infinity became a sensation last year as millions of users flocked to it, seeking to earn money by acquiring and trading its NFTs. For some, the game appeared so lucrative that they quit their jobs to focus on Axie. However, the game developer was hit by the… Continue reading Sky Mavis calls for rethinking of “play-to-earn” in the next chapter of blockchain gamesSky Mavis has shifted its focus towards gameplay.
SE Asia’s Iterative closes $55m Fund 2 to double down on seed-stage founders
Southeast Asia’s Iterative has closed $55 million for its second fund to double down on seed-stage founders, it announced on Wednesday. Iterative’s Fund II is led by Cendana, K5 Global, Village Global, and Goodwater Capital in the US. It also received strong participation from Silicon Valley founders and executives including Dropbox’s Arash Ferdowsi, Bukalapak’s Achmad… Continue reading SE Asia’s Iterative closes $55m Fund 2 to double down on seed-stage founders
Philippines proposes to set up $4.9b sovereign wealth fund
Philippine House Speaker Martin Romualdez, the cousin of President Ferdinand Marcos Jr., has filed a bill seeking to establish a 275-billion peso ($4.9 billion) sovereign wealth fund to support the administration’s economic agenda. House Bill No. 6398, filed on Monday and co-authored by the president’s son Ferdinand Alexander, is aimed at setting up what would… Continue reading Philippines proposes to set up $4.9b sovereign wealth fund
Indian PE firm Zephyr Peacock ready to write smaller cheques, bullish on digital
Zephyr Peacock, the Indian investment arm of New York-based private equity (PE) firm Zephyr Management, is betting big on the burgeoning digital economy as it looks to raise its fourth fund next year. “As much as 40% of our third fund has been deployed. We will be able to exhaust it by next year and… Continue reading Indian PE firm Zephyr Peacock ready to write smaller cheques, bullish on digital
UAW election vote count underway in Ohio
Vote counting got underway Tuesday in the first direct election of top union officers in the UAW. It’s not clear when final results might be made available. A message to a representative for the independent monitor tasked with overseeing the union as a result of the long-running corruption scandal was not immediately returned Tuesday. UAW… Continue reading UAW election vote count underway in Ohio