5,000 e4Ws funded by PFC would result in emission savings of over 1,00,000 tonnes of CO2 equivalent. This is equivalent to the amount of CO2 absorbed by over 5 million fully grown trees in a year, the statement noted. New Delhi: State-owned Power Finance Corporation (PFC) has sanctioned a loan of INR 633 crore to… Continue reading Gensol Engineering gets INR 633 cr loan from Power Finance Corp
Category: Automotive
PFC okays INR 633 cr EV financing facility to BluSmart Mobility
BluSmart has the largest fleet of electric cabs and the largest network of EV fast charging stations across Delhi NCR and Bengaluru. New Delhi, In the largest EV asset financing deal in India, the Power Finance Corporation Ltd (PFC) on Thursday sanctioned a loan of INR 633 crore to Gensol Engineering Ltd (GEL) for purchase… Continue reading PFC okays INR 633 cr EV financing facility to BluSmart Mobility
China EV maker BYD to build USD 290 mln battery component plant in Chile
BYD, which supplies electric buses for Chile’s public transportation system, did not immediately respond to requests for comment on Friday. China‘s BYD Co Ltd , the world’s largest electric vehicle (EV) maker, plans to build a USD 290 million lithium cathode factory in Chile‘s northern Antofagasta region, said Chilean economic development agency CORFO. The South… Continue reading China EV maker BYD to build USD 290 mln battery component plant in Chile
Ford must rethink its brand for China as EVs boom, CEO says
“The have so much overcapacity in the two-door crossover that the amount of money those companies are losing and burning is incredible,” he said of the Chinese brands. Facing a booming and hyper-competitive market for electric vehicles (EVs) in China, Ford Motor Co needs to reshape its brand for the world’s largest car market, Chief… Continue reading Ford must rethink its brand for China as EVs boom, CEO says
Nippon Express Group’s MD Logistics Opens “Garner 2000 Pharmaceutical Logistics Center” in North Carolina, U.S.
TOKYO, April 21, 2023 /PRNewswire/ — MD Logistics, LLC (hereinafter “MD”), a group company of NIPPON EXPRESS HOLDINGS, INC., held an opening ceremony on March 23 for the Garner 2000 Pharmaceutical Logistics Center, a dedicated pharmaceutical warehouse established in Garner in the U.S. state of North Carolina in January this year. NIPPON EXPRESS logo: https://kyodonewsprwire.jp/img/202304184990-O1-hPPV3b7z… Continue reading Nippon Express Group’s MD Logistics Opens “Garner 2000 Pharmaceutical Logistics Center” in North Carolina, U.S.
IBM Chooses Baxter Planning for Service Supply Chain Transformation
SaaS Platform to Transform IBM’s Service Parts Management, Unlocking Tens of Millions in Operational Cost Savings Annually AUSTIN, Texas, April 20, 2023 /PRNewswire/ — Baxter Planning, the leading provider of Service Parts Management technology, today announced a five-year agreement with IBM to deploy its Predictive Service Supply Chain solution to drive additional optimization throughout IBM’s… Continue reading IBM Chooses Baxter Planning for Service Supply Chain Transformation
Nippon Express Group’s MD Logistics Opens “Garner 2000 Pharmaceutical Logistics Center” in North Carolina, U.S.
TOKYO, April 21, 2023 /PRNewswire/ — MD Logistics, LLC (hereinafter “MD”), a group company of NIPPON EXPRESS HOLDINGS, INC., held an opening ceremony on March 23 for the Garner 2000 Pharmaceutical Logistics Center, a dedicated pharmaceutical warehouse established in Garner in the U.S. state of North Carolina in January this year. NIPPON EXPRESS logo: https://kyodonewsprwire.jp/img/202304184990-O1-hPPV3b7z… Continue reading Nippon Express Group’s MD Logistics Opens “Garner 2000 Pharmaceutical Logistics Center” in North Carolina, U.S.
Nippon Express Group’s MD Logistics Opens “Garner 2000 Pharmaceutical Logistics Center” in North Carolina, U.S.
TOKYO, April 21, 2023 /PRNewswire/ — MD Logistics, LLC (hereinafter “MD”), a group company of NIPPON EXPRESS HOLDINGS, INC., held an opening ceremony on March 23 for the Garner 2000 Pharmaceutical Logistics Center, a dedicated pharmaceutical warehouse established in Garner in the U.S. state of North Carolina in January this year. NIPPON EXPRESS logo: https://kyodonewsprwire.jp/img/202304184990-O1-hPPV3b7z… Continue reading Nippon Express Group’s MD Logistics Opens “Garner 2000 Pharmaceutical Logistics Center” in North Carolina, U.S.
XCMG Machinery lance de nouvelles machines d’exploitation minière, élargissant son périmètre et couvrant désormais le cycle complet des opérations d’exploitation minière
XUZHOU, Chine, 21 avril 2023 /PRNewswire/ — XCMG Machinery (« XCMG », SHE:000425), un important fabricant chinois d’équipement de construction, a lancé trois nouvelles machines d’exploitation minière, à savoir la pelle minière XE690DK, le camion à benne électrique autonome XDR80TE-AT et le camion à benne minier XDE240, qui permettront de mieux soutenir les opérations minières mondiales et… Continue reading XCMG Machinery lance de nouvelles machines d’exploitation minière, élargissant son périmètre et couvrant désormais le cycle complet des opérations d’exploitation minière
MIH Unveils Smart City Initiative, and Innovative Project X Prototype Set to Debut at Tokyo Motor Show
TAIPEI, April 21, 2023 /PRNewswire/ — The MIH Consortium, an open electric vehicle (EV) initiative by Hon Hai Technology Group (Foxconn), showcases expertise and innovation in the automotive supply chain on the global stage at 2023 Auto Shanghai. With over 2,600 global members across 14 working groups, MIH is striving to establish a comprehensive EV… Continue reading MIH Unveils Smart City Initiative, and Innovative Project X Prototype Set to Debut at Tokyo Motor Show