Autocar magazine 7 September 2022: on sale now

The all new Kia Niro EV stars in the Autocar road test this week, as we put it to the test to see whether it’s a new class-leader or a sophomore slump. Features Meanwhile, road test editor Matt Saunders pops out for a pint of milk in the extreme BAC Mono R to test whether… Continue reading Autocar magazine 7 September 2022: on sale now

The future of N: Hyundai N Vision 74 and RN22e driven

The hydrogen powertrain is the headline-grabber, but the cleverness of the traction management is the most impressive thing. My only substantive criticism, beyond the limitation of a four-lap stint, is the slightly wooden brake pedal and a reluctance to shed the speed that the motor is so able to wind on. Hey, I’ve seen this… Continue reading The future of N: Hyundai N Vision 74 and RN22e driven

Volkswagen ID Buzz

Electric power suits a car of this size and brief so well, the quietness and refinement, in particular, a real boon. The driving experience will be familiar from any of the growing number of MEB-based cars from Volkswagen, Audi, Cupra and Skoda, delivering brisk but not hair-raising acceleration, and well-judged regenerative braking for more one-pedal… Continue reading Volkswagen ID Buzz

Transport secretary Grant Shapps sacked by new PM

Grant Shapps, the UK’s transport secretary, has been sacked by newly appointed prime minister Liz Truss, who has replaced him with Anne-Marie Trevelyan. Shapps, who has been the government’s roads boss since 2019, was removed just hours after Truss took office having beaten rival Rishi Sunak – who Shapps had backed – in the Conservative… Continue reading Transport secretary Grant Shapps sacked by new PM

Xinhua Silk Road : Le premier lot des nouveaux modèles purement électriques de SAIC Motor MG arrive en Europe

BEIJING, 7 septembre 2022 /PRNewswire/ — Le premier lot des nouveaux véhicules purement électriques de MG Motor, Mulan ou MG4 ELECTRIC, nom donné en Outre-Mer, est arrivé vendredi au port de Zeebrugge, en Belgique. En tant que marque du premier constructeur automobile chinois SAIC Motor Corporation Limited, MG a officiellement lancé la MG MULAN en… Continue reading Xinhua Silk Road : Le premier lot des nouveaux modèles purement électriques de SAIC Motor MG arrive en Europe

Private equity levels up playbook as SE Asia ecosystem matures: EQTThe opportunities run from buyouts to tech-related deals, secondaries, and M&A.

As the fundamental growth levers in Southeast Asia remain strong, the region will continue to attract significant interest from global investors. With the region’s private capital industry maturing, it throws up varied opportunities for investors looking to capitalise on that expansion.  These run from buyout opportunities amid a generational transition in family-owned enterprises, to tech-related… Continue reading Private equity levels up playbook as SE Asia ecosystem matures: EQTThe opportunities run from buyouts to tech-related deals, secondaries, and M&A.

Indonesia’s nascent EV sector bets on 2-wheeler segment, adoption by tech giants

This is the second of a two-part series on the electric vehicle (EV) ecosystem in Indonesia. In part one, we looked at Indonesia’s potential of emerging as a global EV hub. Indonesia’s nascent domestic electric vehicle [EV] industry is showing promise given the government’s intent to push investments and development in the sector to achieve… Continue reading Indonesia’s nascent EV sector bets on 2-wheeler segment, adoption by tech giants

Cash-strapped HappyFresh lays off staff, streamlines ops amid restructuring

Indonesian grocery delivery startup HappyFresh is in the midst of a restructuring exercise that involves staff layoffs, a financial review and streamlining of its operations amid mounting debt. A direct source aware of the development told DealStreetAsia that HappyFresh is in need of raising capital as debt owed to supermarkets, logistics partners, and other clients… Continue reading Cash-strapped HappyFresh lays off staff, streamlines ops amid restructuring

DEG commits to invest $40m in China’s Bank of Qingdao

DEG, the investment arm of German state-owned development bank KFW, has committed to invest $40 million in a senior blue loan to Bank of Qingdao, a Chinese commercial lender listed in Hong Kong and Shenzhen. Blue loans are instruments that earmark funds exclusively for ocean-friendly projects and protecting critical clean water resources. The loan is… Continue reading DEG commits to invest $40m in China’s Bank of Qingdao