Electric cars: Tough premium business in China Most recently, Mercedes had to significantly reduce the prices for the electric EQS and the slightly smaller EQE in China. (Photo: imago images/Xinhua) Ironically, in their prime discipline, the German car manufacturers are being presented by a little-known Chinese start-up. The company is called Human Horizons and redefines… Continue reading German Handelsblatt: VW, Audi, BMW: Numbers in China show: German electric cars are being penalized in the premium league005779
Category: Automotive
“Picturesque Zhejiang” Promotion Season in Europe and Asia launched in Hangzhou
HANGZHOU, China, Dec. 12, 2022 /PRNewswire/ — The launching ceremony of the “Picturesque Zhejiang” Promotion Season in Europe and Asia was held on 9th December 2022 in Hangzhou. Hosted by Zhejiang Provincial Department of Culture and Tourism, the event welcomed distinguished guests. Continue Reading At the event, Deputy Director-General of Zhejiang Provincial Department of Culture… Continue reading “Picturesque Zhejiang” Promotion Season in Europe and Asia launched in Hangzhou
Fortaco expands vehicle cabin capacity in Holic factory Slovakia
HELSINKI, Dec. 12, 2022 /PRNewswire/ — Fortaco Group, the leading strategic partner to the heavy off-highway equipment and marine industries, has started a capacity extension project at a vehicle cabin Business Site Holic in Slovakia. The investment will consist of a 4.000 m2 factory extension, an increased manpower of 90+ people and new equipment. The construction… Continue reading Fortaco expands vehicle cabin capacity in Holic factory Slovakia
Fortaco expands vehicle cabin capacity in Holic factory Slovakia
HELSINKI, Dec. 12, 2022 /PRNewswire/ — Fortaco Group, the leading strategic partner to the heavy off-highway equipment and marine industries, has started a capacity extension project at a vehicle cabin Business Site Holic in Slovakia. The investment will consist of a 4.000 m2 factory extension, an increased manpower of 90+ people and new equipment. The construction… Continue reading Fortaco expands vehicle cabin capacity in Holic factory Slovakia
Tata Group said to be opening 100 exclusive Apple stores in India
Indian conglomerate Tata Group-owned Infiniti Retail, which runs the ‘Croma’ chain of stores, plans to open 100 stores across the country that will only sell Apple Inc products, the Economic Times newspaper reported on Monday, citing two people aware of the matter. Reuters Go to Source
Grab your spot for $499 to attend 10+ sessions featuring 30+ speakers
The Indonesia PE-VC Summit 2023 is exactly a month away. We are excited to bring you a comprehensive conference experience that blends thought leadership and engaged networking opportunities. Our speakers represent the most influential and diverse mix of ecosystem stakeholders that include government policy-makers, unicorn founders, venture capital and private equity leaders and startups from… Continue reading Grab your spot for $499 to attend 10+ sessions featuring 30+ speakers
Dutch development bank FMO mulls $25m investment in SATYA MicroCapital
Dutch development bank FMO has proposed to invest $25 million in Delhi-based micro-finance company SATYA MicroCapital Limited. Of the proposed investment in SATYA, while $20 million will be used for growth of the loan book towards female and young entrepreneurs and women-owned microenterprises, the remainder $5 million will be earmarked for Water Sanitation and Hygiene… Continue reading Dutch development bank FMO mulls $25m investment in SATYA MicroCapital
APAC LPs turning to private equity amid public market volatility, finds Coller Capital report
Limited partners (LPs) in the Asia-Pacific are finding private equity (PE) more attractive under the current market conditions, according to London-based Coller Capital’s 2022-23 Global Private Equity Barometer. The report surveyed 112 investors in private equity funds globally, of which 21% of the respondents were from APAC. “Asia-Pacific LPs are positive on the outlook for… Continue reading APAC LPs turning to private equity amid public market volatility, finds Coller Capital report
Ex-Nissan CEO Carlos Ghosn’s Freedom From Japan Cost His Escape Crew Theirs – Bloomberg
Ex-Nissan CEO Carlos Ghosn’s Freedom From Japan Cost His Escape Crew Theirs Bloomberg Go to Source
flynas ranked fourth in the Best Place to Work Certification for 2022 in KSA
RIYADH, Saudi Arabia, Dec. 10, 2022 /PRNewswire/ — flynas, the Saudi air carrier and the leading low-cost airline in the Middle East, ranked fourth and has been recognized as one of the best places to work in Saudi for 2022 according to the annual prestigious Best Places to Work Certification Program. flynas outperformed with its unique… Continue reading flynas ranked fourth in the Best Place to Work Certification for 2022 in KSA