Northvolt secures investment from BlackRock

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Northvolt secures investment from BlackRock

‘BNCAP will propel industry to march towards global standards’: Nitin Gadkari

The Ministry of Road Transport and Highways (MoRTH) led by Nitin Gadkari, the Union Minister for Road Transport and Highways, introduced the long-awaited Bharat New Car Assessment Programme or BNCAP, at a mega launch event which saw the participation from leading industry dignitaries, and key stakeholders, in New Delhi today.  The BNCAP will be a… Continue reading ‘BNCAP will propel industry to march towards global standards’: Nitin Gadkari

‘Received request to test 30 models,’ says Gadkari at BNCAP launch

The Union Minister of Road Transport and Highways, Nitin Gadkari, at the launch of the Bharat NCAP said that the request to test 30 models has already been received. Hailing the BNCAP was a historic moment, he said that the automotive industry is the backbone of India becoming a US$ 5 trillion economy, he stated. … Continue reading ‘Received request to test 30 models,’ says Gadkari at BNCAP launch

India announces BNCAP crash test process; to go into effect from October 1

India has become the fifth country in the world today to have its own crash test rating structure.  Global NCAP along with the Ministry of (MORTH) have jointly announced Bharat NCAP crash test ratings.  India’s own car crash test ratings will come into effect from October 1, 2023.  The announcement confirming the approval of the… Continue reading India announces BNCAP crash test process; to go into effect from October 1

@niche: HERE’S TO THE ONES WHO DREAM.002884

Editor’s Note: This week, Peter reminds us – yet again – that it’s the True Believers who will ultimately make the difference between success and failure for the auto companies. In On The Table, Ford aims to control the Cars & Coffee cottage industry with its new $350,000 Mustang GTD, Lamborghini previews its first EV concept, the Lanzador,… Continue reading @niche: HERE’S TO THE ONES WHO DREAM.002884

@niche: Workhorse Files Prospectus Supplement in Connection with Special Meeting002884

Workhorse Group, Inc. Reminds Stockholders to Vote FOR Proposal to Increase Number of Authorized Shares CINCINNATI, Aug. 21, 2023 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero emission commercial vehicles, today filed with the Securities and Exchange Commission (“SEC”) a… Continue reading @niche: Workhorse Files Prospectus Supplement in Connection with Special Meeting002884

Minesto completes build and functional testing of sea-bed connection system for the 1.2-Megawatt powerplant Dragon 12

GOTHENBURG, Sweden, Aug. 22, 2023 /PRNewswire/ — Minesto, leading ocean energy developer, has completed build and functional testing of sea-bed connection system for the 1.2-Megawatt power plant Dragon 12. The unique connection system, enabling one of the fastest launch and recovery operation in marine energy by ‘one-stab’ operation, is now ready for installation.  The Dragon 12… Continue reading Minesto completes build and functional testing of sea-bed connection system for the 1.2-Megawatt powerplant Dragon 12

Microsoft will sell Activision Blizzard streaming rights to Ubisoft in attempt to win UK approval

Microsoft said the deal makes for ‘a substantially different transaction under UK law.’ Microsoft is significantly restructuring its Activision Blizzard merger proposal by selling cloud gaming rights for Activision Blizzard games to rival Ubisoft, it wrote in a blog post late yesterday. That would address a key concern of UK regulators, which blocked the deal… Continue reading Microsoft will sell Activision Blizzard streaming rights to Ubisoft in attempt to win UK approval

X plans to remove news headlines and text in shared articles

Elon Musk said the idea came from him directly. Those who follow publications like Engadget on X, the social network formerly known as Twitter, will know that the articles they share on the platform appear with a text snippet, an image and a sometimes-truncated version of their headline. That may not be the case in… Continue reading X plans to remove news headlines and text in shared articles

India Digest: APG, IFC & AIIB in race to invest in Mahindra InvIT; Bodhi Tree raises Viacom18 stakeThe Mahindra InvIT deal is likely to close in the n…

A slew of global asset managers are in the race to invest in Mahindra Susten’s renewable infrastructure investment trust. Separately, Bodhi Tree Systems has paid Rs 953.23 crore to purchase an additional 2.89% stake in Viacom18. APG, IFC & AIIB in race to invest $250m in Mahindra InvIT Dutch pension fund APG Asset Management, the… Continue reading India Digest: APG, IFC & AIIB in race to invest in Mahindra InvIT; Bodhi Tree raises Viacom18 stakeThe Mahindra InvIT deal is likely to close in the n…