Shanghai Healthcare Capital has led the Series B round for NGGT while Huajin Capital has co-led OptoMedic’s pre-IPO round Gene therapy firm NGGT bags $40m in Series B round Gene therapy firm Next Generation Gene Therapeutics (NGGT) has secured $40 million in a Series B financing round led by Shanghai Healthcare Capital, an investment fund… Continue reading China Digest: NGGT, OptoMedic raise funding
Category: Automotive
@Nissan: Nissan Formula E Team returns to Rome for penultimate event of Season 9001106
July 12, 2023 ROME, Italy – Nissan Formula E Team will be looking to capitalize on their recent qualifying speed as the ABB FIA Formula E World Championship travels to Rome for the penultimate race weekend of the 2022/23 season. Both Sacha Fenestraz and Norman Nato have shown strong one-lap pace in recent events, with… Continue reading @Nissan: Nissan Formula E Team returns to Rome for penultimate event of Season 9001106
@Groupe PSA: OP declaration of love on 272 pages000553
The Alt-Opel interest group (AOIG) celebrated its 50th birthday last year with a big meeting in the Allgäu – 400 Opel classics drove up to the tranquil little town of Altusried. In the Rüsselsheim “Motorworld”, just a stone’s throw away from the monument to the company founder Adam Opel, those responsible met again in a… Continue reading @Groupe PSA: OP declaration of love on 272 pages000553
@Groupe PSA: OP CARS & STARS000552
Timur Ulker Born in 1989 born in Hamburg Timur Ülker is multi-talented: actor, known from TV formats such as “Gute Zeiten, Schlechte Zeiten” and “Let’s Dance”, singer, influencer. He practically grew up in an Opel. “My best friend is a little older than me and had a black Astra right away with his driver’s license.… Continue reading @Groupe PSA: OP CARS & STARS000552
German Handelsblatt: Volkswagen: “Simply too expensive”: At Volkswagen, sales of e-cars are stalling007246
„Aktionspreis“ prangt groß auf den Windschutzscheiben mehrerer Neuwagen bei einem VW-Händler auf Düsseldorfs Automeile. Bei näherem Hinsehen fällt auf: Die rabattierten Modelle sind allesamt Benzin- oder Dieselfahrzeuge. Und das hat auch einen Grund. Denn für Elektroautos können die VW-Autohäuser nicht ohne Weiteres die Preise senken oder anheben. Verantwortlich dafür ist das sogenannte Agenturmodell, auf das… Continue reading German Handelsblatt: Volkswagen: “Simply too expensive”: At Volkswagen, sales of e-cars are stalling007246
German Handelsblatt: Auto industry: Porsche sells significantly more cars in the first half of the year007248
Porsche The 911 sports car model recorded a sales increase of 21 percent. (Photo: dpa) Porsche sold significantly more sports and off-road vehicles in the first half of the year. From January to June, 167,354 vehicles were delivered – around 15 percent more than in the same period last year, as the carmaker announced on… Continue reading German Handelsblatt: Auto industry: Porsche sells significantly more cars in the first half of the year007248
German Handelsblatt: Truck manufacturer: Daimler Truck wants to grow by 60 percent and establish new combustion engines007247
Den Ort des ersten Kapitalmarkttags seit knapp zwei Jahren hat Daimler Truck bewusst ausgesucht. Der Dax-Konzern lud am Dienstag in das einst größte Elektrizitätswerk der Welt in Boston. „Daimler Truck treibt die Transformation zu nachhaltigen Antrieben voran“, sagte Konzernchef Martin Daum vor rund 50 Analysten und Reportern. „Wir haben einen klaren Plan. Und wir wollen,… Continue reading German Handelsblatt: Truck manufacturer: Daimler Truck wants to grow by 60 percent and establish new combustion engines007247
German Handelsblatt: Volkswagen: “Simply too expensive”: At Volkswagen, sales of e-cars are stalling007246
„Aktionspreis“ prangt groß auf den Windschutzscheiben mehrerer Neuwagen bei einem VW-Händler auf Düsseldorfs Automeile. Bei näherem Hinsehen fällt auf: Die rabattierten Modelle sind allesamt Benzin- oder Dieselfahrzeuge. Und das hat auch einen Grund. Denn für Elektroautos können die VW-Autohäuser nicht ohne Weiteres die Preise senken oder anheben. Verantwortlich dafür ist das sogenannte Agenturmodell, auf das… Continue reading German Handelsblatt: Volkswagen: “Simply too expensive”: At Volkswagen, sales of e-cars are stalling007246
Slow-selling EVs are the auto industry’s new headache
Ford had 86 days worth of F-150 Lightnings and 113 days’ worth of Mustang Mach-E electric SUVs on hand, Cox said. The U.S. electric vehicle market is growing, but not fast enough during the latest quarter to prevent unsold EVs from stacking up at some automakers’ dealerships or to allow Tesla to avoid new price… Continue reading Slow-selling EVs are the auto industry’s new headache
Hyundai Motor union to stage strike in South Korea on wednesday
Hyundai Motor, intends to conduct a series of strikes in protest against the administration of President Yoon Suk Yeol. Unionised workers at Hyundai Motor Co in South Korea have announced their plan to hold a four-hour strike on Wednesday in solidarity with the general strike organized by their umbrella union. The spokesperson for Hyundai Motor‘s… Continue reading Hyundai Motor union to stage strike in South Korea on wednesday