Chinese auto maker Changan Auto will invest $285 million in a facility in Thailand to produce 100,000 electric vehicles (EVs) annually, Thailand’s Board of Investment said on Thursday. The company aims to sell the EVs in Thailand, Southeast Asia, Australia, and South Africa, said the board’s secretary-general, Narit Therdsteerasukdi. Thailand is Asia’s fourth-largest autos assembly and… Continue reading China’s Changan Auto to invest $285m in Thai EV facilityThe company aims to sell the EVs in Thailand, Southeast Asia, Australia, and South Africa.
Category: Automotive
Hedge funds file lawsuit against Chinese developer for debt repayment
Hedge fund BFAM Partners and a few other investors have filed a lawsuit in New York against Chinese property developer Glory Health, seeking $201 million in debt repayment, according to a court filing seen by Reuters. Hong Kong-based BFAM and an investment vehicle of U.S. hedge fund manager Davidson Kempner, known as DK, together with… Continue reading Hedge funds file lawsuit against Chinese developer for debt repayment
EU parliament backs world’s first comprehensive rules for crypto markets
The European Parliament on Thursday overwhelmingly backed the European Union’s first set of rules to regulate cryptoasset markets. Parliament voted by 517 in favour and 38 against regarding the world’s first comprehensive set of regulations for cryptoasset markets. EU states have already given the nod to the rules which will be rolled out from mid… Continue reading EU parliament backs world’s first comprehensive rules for crypto markets
Resolutions of the Annual General Meeting of Kamux Corporation and the Decisions of the Constitutive Meeting of the Board of Directors
HÄMEENLINNA, Finland, April 20, 2023 /PRNewswire/ — Resolutions of the Annual General Meeting of Kamux Corporation and the Decisions of the Constitutive Meeting of the Board of Directors Kamux Corporation’s Annual General Meeting was held on Thursday, April 20, 2023. The Meeting approved the Annual Accounts for the financial year 2022 and discharged the members of the… Continue reading Resolutions of the Annual General Meeting of Kamux Corporation and the Decisions of the Constitutive Meeting of the Board of Directors
Shipsy Records Around 100% Top Line Growth, Opens Another RHQ in Middle East To Onboard Top Regional Talent
GURUGRAM, India, April 20, 2023 /PRNewswire/ — Shipsy, a leading SaaS-based global smart logistics management platform provider, recently announced it clocked around 100% growth in the top line and has established another regional headquarter in Riyadh to aggressively onboard local talent. Shipsy’s first regional HQ in the Middle East was established in Dubai in 2021. It… Continue reading Shipsy Records Around 100% Top Line Growth, Opens Another RHQ in Middle East To Onboard Top Regional Talent
Global Tire Bead Wire Market to Grow at a Fascinating CAGR of 8.3% in the 2022-2031 Timeframe [280-Pages] | Interpreted by Research Dive
The global tire bead wire market is predicted to witness prominent growth by 2031, owing to the increasing sales of electric vehicles worldwide. Regionally, the Asia-Pacific region is predicted to hold the largest share of the market. NEW YORK, April 20, 2023 /PRNewswire/ — Global Tire Bead Wire Market Forecast Analysis: As per the… Continue reading Global Tire Bead Wire Market to Grow at a Fascinating CAGR of 8.3% in the 2022-2031 Timeframe [280-Pages] | Interpreted by Research Dive
Celestica Announces New Design Specification to be Contributed to OCP for an Enterprise Edge Gateway
Celestica will submit the design specification for a new Enterprise Edge Gateway at 2023 OCP Regional Summit in Prague, Czech Republic. PRAGUE, April 20, 2023 /PRNewswire/ — Celestica Inc. (TSX: CL) (NYSE: CLS), a leader in design, manufacturing, and supply chain solutions for the world’s most innovative companies, today announced a new design specification will… Continue reading Celestica Announces New Design Specification to be Contributed to OCP for an Enterprise Edge Gateway
Automated Fare Collection Market to Reach $28.88 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, April 20, 2023 /PRNewswire/ — The global automated fare collection market size is expected to reach USD 28.88 billion by 2030, expanding at a CAGR of 14.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. The automated fare collection industry growth can be attributed to the increasing… Continue reading Automated Fare Collection Market to Reach $28.88 Billion by 2030: Grand View Research, Inc.
Companies In The Electric Vehicle Traction Motor Market Are Focusing on Adopting Sustainable Manufacturing Processes – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, April 20, 2023 /PRNewswire/ — As per The Business Research Company’s Electric Vehicle Traction Motor Global Market Report 2023, the global electric vehicle traction motor market size will grow from… Continue reading Companies In The Electric Vehicle Traction Motor Market Are Focusing on Adopting Sustainable Manufacturing Processes – By The Business Research Company
Automotive Composites Market worth $14.3 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, April 20, 2023 /PRNewswire/ — The report “Automotive Composites Market by Fiber Type (Glass, Carbon), Resin Type (Thermoset, Thermoplastic), Manufacturing Process (Compression Molding, Injection Molding, Rtm), Application, Vehicle Type, Region – Global Forecast to 2028″, is projected to grow from USD 7.2 billion in 2022 to USD 14.3 billion by 2028, at a CAGR of 12.1% during… Continue reading Automotive Composites Market worth $14.3 billion by 2028 – Exclusive Report by MarketsandMarkets™