Category: Automotive

@Honda: Overview of Honda Exhibits at the 28th ITS World Congress 2022 in Los Angeles, USA

TOKYO, Japan, September 12, 2022 – Honda Motor Co., Ltd. will showcase its latest initiatives in the areas of carbon neutrality, as well as information-communication and control technologies, at the 28th Intelligent Transportation Systems (ITS) World Congress 2022, in Los Angeles, Calif., USA, from September 18 to 22, 2022. The ITS World Congress is an… Continue reading @Honda: Overview of Honda Exhibits at the 28th ITS World Congress 2022 in Los Angeles, USA

Mayfield India likely to lead $20m fundraising for space tech startup AgnikulAgnikul is likely to attain a valuation of $200 million in the Series B r…

Space tech startup Agnikul Cosmos Pvt Ltd, which was incubated at the Indian Institute of Technology, Madras, is close to raising up to $20 million in its Series B funding round co-led by existing investor Mayfield India, a venture capital firm focused on enterprise and consumer technology startups, and a new global investor, according to… Continue reading Mayfield India likely to lead $20m fundraising for space tech startup AgnikulAgnikul is likely to attain a valuation of $200 million in the Series B r…

Golden Vision plans external fundraising, eyes global GPs and opportunities in SE Asia

Singapore-based single-family office Golden Vision, backed by a member of a prominent Southeast Asian family, is looking to invite other family offices and ultra-high net worth individuals to pool capital and make investments in Southeast Asia.  Golden Vision plans to launch external fundraising for a global fund-of-funds, and a Southeast Asia-focused direct and co-investment fund,… Continue reading Golden Vision plans external fundraising, eyes global GPs and opportunities in SE Asia

Users unable to book on HappyFresh as hard times fall on grocery delivery apps

Customers in Indonesia, Malaysia, and Thailand shared their frustration on social media as they were unable to make purchases on the HappyFresh app last week. As of Sept. 11, the financially-beleaguered online grocery delivery platform has yet to offer any official statement and has restricted comments on its Instagram account. Among the last comments from… Continue reading Users unable to book on HappyFresh as hard times fall on grocery delivery apps

SG’s Nutrition Technologies raises $9.8m in PTT-led funding round

Nutrition Technologies, an agritech company headquartered in Singapore and operating in Malaysia, has raised $9.8 million in a Series A2 funding round led by Thai state-owned oil and gas company PTT, according to ACRA filings accessed by DealStreetAsia – DATA VANTAGE. Existing investor Openspace Ventures and Hera Capital also participated in the latest funding round.… Continue reading SG’s Nutrition Technologies raises $9.8m in PTT-led funding round

UAW members at Stellantis casting plant in Kokomo, Indiana, strike for local contract

Workers at a casting plant for the maker of Jeep and Ram vehicles on Saturday went on strike to demand a local agreement with Stellantis NV that provides members with a “safe and comfortable place to work,” the United Auto Workers said in a statement. Leaders of UAW Local 1166 have been negotiating with the… Continue reading UAW members at Stellantis casting plant in Kokomo, Indiana, strike for local contract

China’s power battery output surges 121% in August

A technician instructs a driver how to operate super-charging equipment in Jinhua, Zhejiang province, in July. [Photo by HU XIAOFEI/FOR CHINA DAILY] BEIJING – China’s installed capacity of power batteries registered rapid growth in August amid the boom of the country’s new energy vehicle (NEV) market, industry data showed. Last month, the installed capacity of… Continue reading China’s power battery output surges 121% in August

Automobile more than an industry in car cradle Changchun

Employees work at an assembly line of FAW Jiefang truck in Changchun, Northeast China’s Jilin province, June 15, 2022. [Photo/Xinhua] CHANGCHUN – Rare pictures, authentic documents and lifelike miniatures — for automobile fans it’s a great opportunity to visit an internal museum in the birthplace of China’s automobile industry Changchun, capital city of Northeast China’s… Continue reading Automobile more than an industry in car cradle Changchun