If there’s room for optimism, says Bailey, it needs to be guarded. It will be at least 2025, he estimates, before production exceeds a million cars again, and our muchpublicised need for six to eight battery gigafactories to propel the change to electrified cars is lagging badly compared with the “massive investment” across the EU,… Continue reading State of the nation: can the British car industry rebound?
Category: Automotive
Los Angeles motor show 2022: all the cars on display
The third of three concepts revealed by Genesis to showcase its vision of a sustainable and luxurious future, the X Convertible packs four seats, a hard-top roof and premium technology. It’s the latest representation of the firm’s ‘Athletic Elegance’ design language, with a long bonnet, short overhangs and a unique, quad-LED light arrangement both at… Continue reading Los Angeles motor show 2022: all the cars on display
Genesis reveals luxury all-electric X Convertible concept
Genesis has revealed an electric convertible concept that, it says, showcases its commitment to sustainable luxury car ownership. Called the Genesis X Convertible, the four-seat model is the third in a trio of concepts intended to highlight the firm’s stance on luxury, sustainability and premium technology. It follows the two-door coupé X Concept, revealed in 2021, and the striking,… Continue reading Genesis reveals luxury all-electric X Convertible concept
Volkswagen Golf to return with electric power for ninth generation
The Volkswagen Golf is tipped to continue into a ninth generation with electric power, in line with the firm’s plan to retain historically significant nameplates. Volkswagen boss Thomas Schafer said the firm would not be retiring the Golf name, and instead the model could become part of the ID line-up of electric vehicles. The current, eighth-generation… Continue reading Volkswagen Golf to return with electric power for ninth generation
New Subaru Impreza 4WD hatch brings back RS range-topper
The Subaru Impreza has returned for a sixth generation to rival the Volkswagen Golf and Honda Civic with a purposeful new look and the option of a warmed-up RS range-topper. Making its global debut at this year’s LA motor show, the reborn Impreza brings significant technological and dynamic improvements over its predecessor – and drops… Continue reading New Subaru Impreza 4WD hatch brings back RS range-topper
Hyperion XP-1 hydrogen-powered supercar makes public debut
American start-up Hyperion is at the LA motor show to showcase its XP-1 hydrogen electric supercar, which it claims offers 1000 miles of range between refills. Announced in 2020 as part of a plan to increase wider adoption of hydrogen technology across the automotive industry, the two-seat XP-1 combines hydrogen fuel cells with supercapacitor storage to power multiple electric… Continue reading Hyperion XP-1 hydrogen-powered supercar makes public debut
Learn About the Flying Eye Hospital and How it’s Helping to Combat Avoidable Blindness and Vision Loss
NEW YORK, Nov. 17, 2022 /PRNewswire/ — BACKGROUND:Avoidable blindness and vision loss affect about 1.1 billion people globally, but a staggering 90% of these cases are completely avoidable, meaning they could be treated or prevented with the right care. Orbis International, a global eye care nonprofit, fights avoidable blindness by training eye care professionals in… Continue reading Learn About the Flying Eye Hospital and How it’s Helping to Combat Avoidable Blindness and Vision Loss
Crypto lender Genesis had sought emergency loan of $1b, per reportGenesis Global Capital suspended customer redemptions in its lending business on Wed…
Cryptocurrency lender Genesis was seeking an emergency loan of $1 billion from investors before it suspended withdrawals on its website, the Wall Street Journal reported on Thursday, citing a confidential fundraising document. The document viewed by the Journal cites a “liquidity crunch due to certain illiquid assets on its balance sheet” at Genesis. On Wednesday, Genesis Global Capital suspended customer redemptions in its lending business, citing… Continue reading Crypto lender Genesis had sought emergency loan of $1b, per reportGenesis Global Capital suspended customer redemptions in its lending business on Wed…
World Bank’s IFC eyeing sector fund opportunities in APAC
World Bank Group member International Finance Corporation (IFC) is on the lookout for sector-focused opportunities such as climate change, circular economy, logistics, and mobility as it seeks to deepen its portfolio in the Asia-Pacific, said a senior executive to DealStreetAsia. IFC – also the world’s largest development institution focused on the private sector in emerging… Continue reading World Bank’s IFC eyeing sector fund opportunities in APAC
Google in talks to top up in Indian hyperlocal delivery platform Dunzo
Alphabet Inc’s Google, which is already an investor in hyperlocal delivery startup Dunzo, is in talks to make an additional investment in the company, multiple sources privy to the development told DealStreetAsia. While the amount Google is looking to invest in Dunzo could not be ascertained, negotiations between the two firms are understood to be… Continue reading Google in talks to top up in Indian hyperlocal delivery platform Dunzo