Reefknot Investments, a Singapore-based joint venture between Temasek and Kuehne + Nagel, is considering a second fund as it targets to deploy most of the capital from its first investment vehicle by the end of this year, a top executive told DealStreetAsia. “We’re not actively fundraising at the moment, but we’re currently talking to various… Continue reading SG’s Reefknot to invest in two startups, eyes bigger corpus for Fund II
Category: Automotive
Indonesian SME enabler BukuWarung posts net loss of $19m in 2021 as expenses swell
BukuWarung, an Indonesian startup that helps micro, small and medium enterprises (MSMEs) digitalise their businesses, reported a net loss of $19 million for the financial year ended December 31, 2021. The high losses were on account of increased spending on digital marketing and employee benefits during the year, show regulatory filings by its Singapore-registered parent… Continue reading Indonesian SME enabler BukuWarung posts net loss of $19m in 2021 as expenses swell
Daimler Buses trains 20,000 drivers over 30 years
Daimler Buses has announced that it has trained almost 20,000 drivers since Daimler-Benz AG held the first Germany-wide safety training course for bus drivers in March 1993. The driver is key to keeping any bus/touring coach journey safe. An essential component of Daimler Buses’ integral safety concept is, therefore, the driver safety training of the… Continue reading Daimler Buses trains 20,000 drivers over 30 years
Okinawa clocks 250,000 sales, plans network expansion and electric cruiser bike
Okinawa Autotech, one of India’s leading electric two-wheeler manufacturers, has announced that it has clocked cumulative sales of 250,000 units in India. The company rolled out the 250,000th unit – a Praise Pro electric scooter – from its plant in Alwar, Rajasthan on March 14. The company, which began operations in 2015 at its 180,000… Continue reading Okinawa clocks 250,000 sales, plans network expansion and electric cruiser bike
Okinawa clocks 250,000 sales, plans network expansion and electric cruiser bike
Okinawa Autotech, one of India’s leading electric two-wheeler manufacturers, has announced that it has clocked cumulative sales of 250,000 units in India. The company rolled out the 250,000th unit – a Praise Pro electric scooter – from its plant in Alwar, Rajasthan on March 14. The company, which began operations in 2015 at its 180,000… Continue reading Okinawa clocks 250,000 sales, plans network expansion and electric cruiser bike
@Honda: Honda Announces Next Steps in Preparation for U.S. EV Production
MARYSVILLE, Ohio (March 14, 2023) – Honda today announced key next steps in the establishment of its EV Hub in Ohio that will lead the company’s journey to an electrified future in North America. In October 2022, Honda announced that it would invest $700 million to re-tool several of its existing auto and powertrain plants… Continue reading @Honda: Honda Announces Next Steps in Preparation for U.S. EV Production
07:00 ETDana Enhances Electrification Portfolio, Production Capabilities to Bolster Support for North American Construction IndustryDana Incorporated …
LAS VEGAS, March 14, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced several initiatives―including new drivetrain offerings for electrified vehicles―that strengthen the company’s growing commitment to the North American construction and off-highway markets. Among these initiatives, Dana is: Continue Reading Dana Enhances Electrification Portfolio Tweet this Debuting the Spicer Electrified™ eSP502 e-Transmission for the… Continue reading 07:00 ETDana Enhances Electrification Portfolio, Production Capabilities to Bolster Support for North American Construction IndustryDana Incorporated …
Europe’s Bolt expands to Nepal with ride-hailing service
European startup Bolt is expanding to Nepal and launching its ride-hailing service in the country. The company’s previous market expansion was its launch in Thailand in 2020. On Wednesday, Bolt announced the pilot of its on-demand ride-hailing service in Nepal’s capital, Kathmandu. The startup has kicked off the service with more than 400 local drivers.… Continue reading Europe’s Bolt expands to Nepal with ride-hailing service
Kolon Industries Targets the Global Hydrogen Market through a World-wide Renewable Energy Platform
Actively targets the automobile/power generation market with hydrogen fuel cell core products Introduces membrane material-based item ‘Vent’ and seeks new applications TOKYO and SEOUL, South Korea, March 15, 2023 /PRNewswire/ — Kolon Industries Inc. (KRX: 120110) — top chemical materials and textile maker in South Korea — actively targets the global automobile/power generation market by presenting hydrogen… Continue reading Kolon Industries Targets the Global Hydrogen Market through a World-wide Renewable Energy Platform
Kolon Industries Targets the Global Hydrogen Market through a World-wide Renewable Energy Platform
Actively targets the automobile/power generation market with hydrogen fuel cell core products Introduces membrane material-based item ‘Vent’ and seeks new applications TOKYO and SEOUL, South Korea, March 15, 2023 /PRNewswire/ — Kolon Industries Inc. (KRX: 120110) — top chemical materials and textile maker in South Korea — actively targets the global automobile/power generation market by presenting hydrogen… Continue reading Kolon Industries Targets the Global Hydrogen Market through a World-wide Renewable Energy Platform