Japan’s diversified conglomerate Mitsui & Co and financial services group Nomura Holdings have agreed to acquire Australia-headquartered nature-based real asset manager New Forests. Mitsui, which has been a shareholder in New Forests since 2016 with a 23% stake, will increase its holding to 49%, and Nomura will become a 41% shareholder while the remaining 10%… Continue reading Japan’s Mitsui, Nomura to acquire Australian forestry asset manager New Forests
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German Handelsblatt: Car manufacturer: BMW production manager: If the gas supply is reduced, the car industry is threatened with standstill004355
bmw The automotive industry needs natural gas for the drying ovens in the paint shop, among other things. (Photo: dpa) According to production director Milan Nedeljkovic, BMW is at risk of standstill if the gas supply is reduced. “Around 37 percent of German natural gas consumption is attributable to our branch of industry,” Nedeljkovic told… Continue reading German Handelsblatt: Car manufacturer: BMW production manager: If the gas supply is reduced, the car industry is threatened with standstill004355
Auto OEMs to invest USD 515 bn on EV-related technology, plant upgrades: Report
According to global technology intelligence firm ABI Research, auto OEMs will invest an estimated USD 515 billion in EV-related technologies and manufacturing plant upgrades over the next 5 to 10 years. New Delhi: Growth in the electric vehicle (EV) market worldwide has been particularly impressive over the last three years. Sales of electric cars hit… Continue reading Auto OEMs to invest USD 515 bn on EV-related technology, plant upgrades: Report
India-Australia Free Trade Agreement: Why the FTA is different, unprecedented
The India-Australia Economic Cooperation and Trade Agreement (IAECTA) was signed in April year was hailed as a watershed moment by the leaders on both sides. It is estimated to double trade between the two nations and generate one million jobs. In 2020, the total goods and services trade between India and Australia was about $18… Continue reading India-Australia Free Trade Agreement: Why the FTA is different, unprecedented
Demand side needs to be addressed in phase-II of hydrogen policy: Hetal Gandhi, CRISIL Research
Hetal Gandhi New Delhi: In an exclusive interaction with ETEnergyWorld, Hetal Gandhi, director, CRISIL Research, talks to us about the intricacies of the green hydrogen market, latest technologies at work, her expectations from the yet to be released second phase of the hydrogen policy, and much more. Edited excerpts: Do you think India has announced… Continue reading Demand side needs to be addressed in phase-II of hydrogen policy: Hetal Gandhi, CRISIL Research
Greenko to supply green power to ArcelorMittal, Ayana Renewable, 3 states from Kurnool plant
Greenko Group will supply green power to ArcelorMittal, Ayana Renewable Power and three states from its 5,230 MW renewable energy plant being set up here, a top company official said. The plant which is being set up at a cost of USD 3 billion is the world’s largest renewable energy storage project. Global steel giant… Continue reading Greenko to supply green power to ArcelorMittal, Ayana Renewable, 3 states from Kurnool plant
Ultra exclusive Rolls-Royce Boat Tail convertible commission floats in
Rolls-Royce has revealed another ultra-exclusive Boat Tail commission, showcasing some incredible levels of personalisation, luxury and rarity. Just three Boat Tails are planned for production with previous models going to rap superstar Jay-Z and a wealthy Chinese businessman. Rolls-Royce says this car has been built for “a patron whose family business has grown from his… Continue reading Ultra exclusive Rolls-Royce Boat Tail convertible commission floats in
New 2023 Audi Q5 caught on camera again
The next Audi Q5 has been spied undergoing on-road assessment in the hands of Audi engineers, ahead of its anticipated launch in 2023. The larger Q7’s introduction in 2006 made Audi into an SUV market force and the Q5, originally launched in 2009, cemented its position as one of the most popular premium SUV car… Continue reading New 2023 Audi Q5 caught on camera again
New 2023 Peugeot 9X8 Hypercar ready to take on Le Mans
Peugeot is returning to Le Mans next year with this, the new 9X8 Hypercar that will compete in the French classic race. However, before its appearance at Le Mans in 2023, the 9X8 will make its competition debut at the Six Hours of Monza on 10 July – the fourth round of the World Endurance… Continue reading New 2023 Peugeot 9X8 Hypercar ready to take on Le Mans
Full size remote control cars: would you take a ride?
The automotive world is becoming increasingly fragmented in many ways. In fact, the buzzword ‘mobility’ that we hear so frequently as enthusiasts has never been more appropriate to describe the state of play today – and one technology start-up based in Milton Keynes, Bucks, is looking to exploit the pool of potential customers looking for… Continue reading Full size remote control cars: would you take a ride?