The first ‘car’ ever built may have worn a Benz badge, but Mercedes-Benz didn’t lead the EV charge a century later. When we think of pioneers of the mass-produced EV, it’s General Motors, Tesla, Nissan and BMW that will be pictured next to that entry in the eventual encyclopedia of the 21st century – but… Continue reading Opinion: Mercedes EVs will get you home on the range
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2024 Mercedes C-Class EV spearheads brand’s electric rebirth
The current C-Class is one of the few remaining legacy Mercedes models without a direct EV equivalent, but the plug-in hybrid Mercedes-Benz C300e has one of the longest electric ranges of any PHEV on sale, at an official 68 miles, and the recently launched EQE saloon helps to fill the gap between the C-Class and the… Continue reading 2024 Mercedes C-Class EV spearheads brand’s electric rebirth
Under the skin: Why glass half recycled is glass half full
Recycling as much of a car as possible when it, or parts of it, reach the end of life has been a priority for years now, but a surprisingly awkward material to recycle is a car’s windscreen. A new, one-year pilot project between Audi and a number of partners from the glass manufacturing business is… Continue reading Under the skin: Why glass half recycled is glass half full
The LP View: Crises can be good time to deploy capital, says Silverhorn’s Bert Kwan …
For Hong Kong-based multi-asset investment firm Silverhorn, Asian fund managers with experience in operating through different market cycles would be the sweet spot for its primary investment. The opportunities in Asia are presented by a large cohort of young entrepreneurs, and the number of funds that are looking to back those entrepreneurs, according to Bert… Continue reading The LP View: Crises can be good time to deploy capital, says Silverhorn’s Bert Kwan …
For SE Asian giants, the focus is back on fundamentals amid tech selloff
It has been more than a month since Indonesian technology major GoTo’s public market outing after it raised $1.1 billion on the domestic stock exchange in a widely anticipated IPO. GoTo’s shares, which surged as much as 23% on its market debut, have tanked over the subsequent few weeks. GoTo’s shares hit their lowest price… Continue reading For SE Asian giants, the focus is back on fundamentals amid tech selloff
US pension commits up to $65m to Carlyle, IDG Capital’s new funds
Delaware Public Employees’ Retirement System (DPERS) has committed up to $65 million to two latest Asia funds managed by alternative investment giant Carlyle Group and China-focused venture capital firm IDG Capital. The US pension fund will invest up to $40 million in Carlyle Asia Partners VI, which was reported to be seeking between $8 billion… Continue reading US pension commits up to $65m to Carlyle, IDG Capital’s new funds
Indonesian tech giant GoTo plans to raise fresh capital through private placement …
Tech giant GoTo, which raised $1.1 billion through an IPO on the Indonesia Stock Exchange (IDX) in April, is planning to raise fresh capital from a new investor through a private placement of shares. In a filing to the IDX on Friday, GoTo said it plans to issue 118.43 billion shares, representing a roughly 10%… Continue reading Indonesian tech giant GoTo plans to raise fresh capital through private placement …
General Atlantic plans to invest over $2b in India, SE Asia over next two years …
Global private equity firm General Atlantic plans to plough $2 billion into India and Southeast Asia over the next two years after falling valuations made the region’s startups more attractive, a senior executive told Reuters. General Atlantic is in early-stage investment talks with about 15 companies in sectors including technology, financial services, retail and consumer,… Continue reading General Atlantic plans to invest over $2b in India, SE Asia over next two years …
India must establish crypto rules for regulatory ‘peace, certainty’, says CoinSwitch CEO
India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. Although India’s central bank has backed a ban on cryptocurrencies over risks to financial stability, a federal government move to tax income from them has been interpreted by the industry as a sign… Continue reading India must establish crypto rules for regulatory ‘peace, certainty’, says CoinSwitch CEO
India: Paytm payments bank says central bank may lift curbs in 3-5 months
India’s Paytm Payments Bank, which facilitates transactions on mobile commerce platform Paytm, expects the central bank to allow it to resume taking on new customers in the next few months, a top executive told Reuters. In March, the Reserve Bank of India ordered a comprehensive audit of the company’s IT systems, citing “material” supervisory concerns, without elaborating further,… Continue reading India: Paytm payments bank says central bank may lift curbs in 3-5 months