Category: Automotive

‘Deus Ex Go’ and other Square Enix mobile games are shutting down

Within less than a couple of months, you’ll no longer be able to access Deus Ex Go, the turn-based puzzle game entry in the cyberpunk-dystopian franchise. Deus Ex Go was developed by Square Enix Montreal, which was acquired by Swedish game company Embracer Group back in May. While Embracer rebranded the studio to Onoma in… Continue reading ‘Deus Ex Go’ and other Square Enix mobile games are shutting down

Autonomy Orders 2,500 VinFast EVs

The VF 8 first appeared at the Los Angeles Auto Show in 2021. Photo: VinFast At Los Angeles Auto Show 2022 (LA Auto Show 2022), VinFast announced receiving an order from Autonomy for more than 2,500 VF 8 and VF 9 vehicles.  This is VinFast’s largest corporate order to date, and one of Autonomy’s largest electric vehicle… Continue reading Autonomy Orders 2,500 VinFast EVs

Transition VC launches $49m debut fund to invest in climate tech startupsThe fund is looking to invest in up to 40 early-stage startups over the next …

Bengaluru-based Transition VC, an energy transition-focused venture capital firm, has launched a $48.9 million (Rs 400 crore) debut fund, with a greenshoe option of $24.4 million, it said it a statement on Wednesday. The firm aims to make seed investments in startups that are in the segments of e-mobility, green hydrogen, energy storage, net zero… Continue reading Transition VC launches $49m debut fund to invest in climate tech startupsThe fund is looking to invest in up to 40 early-stage startups over the next …

India Digest: PhonePe receives over $90m from parent; MyGate raises $12m in fresh funding

Flipkart-owned digital payments platform PhonePe has received a fresh capital infusion of about $90 million (Rs 742 crore) from its Singapore-based parent, while apartment management solution provider MyGate has raised about $12 million in a new round co-led by Urban Company and Acko. SG parent invests in PhonePe PhonePe has received a fresh capital infusion… Continue reading India Digest: PhonePe receives over $90m from parent; MyGate raises $12m in fresh funding

Malaysia’s Affin Hwang seeks to add $5.5b assets in 3 years

Malaysian investment manager Affin Hwang Asset Management has rebranded to AHAM Asset Management (AHAM Capital), and is aiming for 100 billion ringgits (nearly $22 billion) in assets under administration (AUA) by 2025, it said in a statement. The move follows the completion of its majority sale to Luxembourg-based alternative investment firm CVC Capital Partners. AHAM… Continue reading Malaysia’s Affin Hwang seeks to add $5.5b assets in 3 years

Affirma Capital seeks to sell stake in Jordan’s Fine Hygienic Holding

Singapore-based buyout firm Affirma Capital is seeking to exit its stake in Jordan-based Fine Hygienic Holding, one of the Middle East’s largest makers of tissue and paper products, two sources told Reuters. Affirma is working with Moelis & Co to arrange the sale of its significant minority stake in the company, said the sources, who… Continue reading Affirma Capital seeks to sell stake in Jordan’s Fine Hygienic Holding

Musk may choose to build EV factory in S Korea

Tesla chief executive Elon Musk said on Wednesday that South Korea was among its top candidate locations for a factory it plans to build in Asia for making electric vehicles (EVs), according to South Korea’s presidential office. Musk had made the remark in a video call with President Yoon Suk-yeol, adding that the company planned… Continue reading Musk may choose to build EV factory in S Korea

GM’s Mary Barra talks future of electric vehicles – The Associated Press

NEW YORK (AP) — The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader. To fulfill that pledge in as little as 2 1/2… Continue reading GM’s Mary Barra talks future of electric vehicles – The Associated Press