Japan’s Nissan Motor Co said on Wednesday it had agreed to acquire all the common shares in Vehicle Energy Japan Inc held by the lithium-ion battery maker’s biggest shareholder. Nissan added that after the acquisition of the shares held by the Innovation Network Corporation of Japan (INCJ), a state-backed fund, Vehicle Energy Japan will become its consolidated subsidiary,… Continue reading Nissan to acquire automotive battery maker Vehicle Energy JapanVehicle Energy Japan develops, manufactures and sells lithium-ion batteries for hybrid …
Category: Automotive
Chinese state-owned firms takeover Evergrande’s $1b holding in Shengjing Bank
State-owned companies of the Chinese northestern city of Shenyang bought China Evergrande Group’s shareholding in Shengjing Bank in an auction for 7.3 billion yuan ($1.05 billion), Alibaba auction platform showed on Wednesday. In July, Evergrande, the world’s most indebted property developer, said its unit, Evergrande Nanchang, had been ordered to pay an unamed guarantor 7.3 billion yuan for failing to honour debt obligations. The unit… Continue reading Chinese state-owned firms takeover Evergrande’s $1b holding in Shengjing Bank
Honda to set up China JV with Dongfeng, Guangzhou Auto to procure EV batteries
Honda Motor Co said on Wednesday its Chinese unit will establish a joint venture with Dongfeng Motor Group and Guangzhou Automobile Group Co at the end of the month to procure batteries for fully electric vehicles. The automaker’s Chinese division has also agreed to strengthen its existing partnership with CATL, the world’s largest battery maker, to… Continue reading Honda to set up China JV with Dongfeng, Guangzhou Auto to procure EV batteries
IDG-backed Chinese solar energy firm Gokin notches $360m in Series B round
Gokin Solar, a Chinese solar energy firm that produces photovoltaic (PV) silicon wafers, has snapped up 2.5 billion yuan ($360.1 million) in a Series B round led by China International Capital Corp Ltd (CICC), the company has announced. The financing comes five months after Zhuhai-headquartered Gokin’s Series A round in April, in which it raised… Continue reading IDG-backed Chinese solar energy firm Gokin notches $360m in Series B round
@Groupe PSA: OP Here to Stay000418
One of the special features is that many Opel employees remain loyal to the company for their entire professional lives. But the anniversary that Christiane Kessler, Frank Kriesche, Kerstin Rullkötter, Elke Schleidt-Frank and Gerald Melchior have now celebrated has probably never happened before: All five colleagues started their professional lives together in Rüsselsheim on September… Continue reading @Groupe PSA: OP Here to Stay000418
@Honda: HRC Signs Contracts with Tim Gajser and Ruben Fernandez
TOKYO, Japan, September 7, 2022 – Honda Racing Corporation (HRC) announced that it has renewed its contract with Tim Gajser (25 years old, Slovenia), who currently competes in the FIM*1 Motocross World Championship premier MXGP class (450cc class) for Team HRC, Honda’s factory team*2, and newly signed a contract with Rubén Fernández (23 years old,… Continue reading @Honda: HRC Signs Contracts with Tim Gajser and Ruben Fernandez
EV Charging Station Market to Hit USD 119 Billion by 2030: Global Market Insights Inc.
Major EV charging station market players include Blink Charging Co., Volta Industries, Inc., Hyundai Motor Company, Schneider Electric, Volkswagen AG, BMW Group, Nissan Motor Co., Ltd., ABB, Siemens, Tesla, and Eaton and others. SELBYVILLE, Del., Sept. 7, 2022 /PRNewswire/ — The EV charging station market is expected to record a valuation of USD 119 billion… Continue reading EV Charging Station Market to Hit USD 119 Billion by 2030: Global Market Insights Inc.
LiveScore Group to Accelerate Global Expansion Following £50 Million Strategic Investment from Ringier AG
Ringier AG’s investment values LiveScore Group‘s gaming and media business at £500 million New strategic partnership unites two of the most exciting players in global sports media Ringier continues to strengthen its sports growth strategy via its new dedicated sports vertical Ringier Sports Media Group LiveScore Group is home to LiveScore, LiveScore Bet and Virgin Bet, three… Continue reading LiveScore Group to Accelerate Global Expansion Following £50 Million Strategic Investment from Ringier AG
« Moldavie – une solution pour la chaîne d’approvisionnement régionale » présentera son offre d’investissement à la Moldova Business Week 2022
CHISINAU, Moldavie, 7 septembre 2022 /PRNewswire/ — Tout en répondant aux défis sans précédent et immédiats posés par la guerre en Ukraine, la République de Moldavie est déterminée à s’attaquer au programme de réforme de développement pour soutenir la transformation économique du pays. La Moldavie récemment a obtenu le statut de candidat à l’UE, mais… Continue reading « Moldavie – une solution pour la chaîne d’approvisionnement régionale » présentera son offre d’investissement à la Moldova Business Week 2022
Automotive Seat Massage System Market Size to Grow by USD 143.98 million due to the Increasing Electrification In Vehicles – 17,000+ Technavio Research Reports
NEW YORK, Sept. 7, 2022 /PRNewswire/ — The “Automotive Seat Massage System Market Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the automotive seat massage system market between… Continue reading Automotive Seat Massage System Market Size to Grow by USD 143.98 million due to the Increasing Electrification In Vehicles – 17,000+ Technavio Research Reports