Vehicle-to-grid (V2G) technology promises to be a true win-win: a powerful grid balancing resource for utilities and a source of incremental income for EV owners (electric school buses seem to be an ideal use case). But before V2G can really take off, there needs to be a system for utilities to compensate EV fleet operators… Continue reading PG&E to offer vehicle-to-grid export rate for commercial EVs
Category: Automotive
Nvidia offers new advanced chip to meet US export controls on ChinaSuch advanced chips can cost thousands of dollars each.
US chip maker Nvidia Corp is offering a new advanced chip in China that meets recent export control rules aimed at keeping cutting-edge technology out of China‘s hands, the company confirmed on Monday. Nvidia responded to Reuters’ reporting that Chinese computer sellers are advertising products with the new chip. The chip, called the A800, represents the first reported effort by a U.S. semiconductor company to create advanced processors for China that follow new U.S. trade rules. Nvidia has said the export limitations could cost it… Continue reading Nvidia offers new advanced chip to meet US export controls on ChinaSuch advanced chips can cost thousands of dollars each.
PE giant KKR to invest $400m in Indian decarbonisation platform Serentica Renewables
Private equity giant KKR is set to invest $400 million in Serentica Renewables, a Gurugram-headquartered decarbonisation platform that provides clean energy solutions for energy-intensive industries, per an announcement. Serentica, which is held by Twinstar Overseas Limited, focuses on industrial decarbonisation and makes renewables the primary source of energy for the commercial and industrial segment, which… Continue reading PE giant KKR to invest $400m in Indian decarbonisation platform Serentica Renewables
Gap to sell Greater China businesses to e-commerce firm Baozun
US apparel retailer Gap Inc has agreed to sell its Greater China businesses to Baozun Inc, the e-commerce service provider said on Tuesday, as headwinds persists for global consumer brands in the world’s second-largest economy. Dealmakers have seen opportunities for merger and acquisitions involving multinational firms that look to spin off their China units, as growth outlook in the country grappling with strict COVID-curbs remains uncertain amid intensifying… Continue reading Gap to sell Greater China businesses to e-commerce firm Baozun
BEENEXT leads funding in Driffle and India deals worth $84m
Digital gaming marketplace Driffle on Tuesday announced that it has raised $3.4 million in its seed funding round led by BEENEXT and other global investors, including JAFCO Asia, Taurus Ventures, Better Capital, and White Venture Capital. Renowned angel investors Kunal Shah, Maninder Gulati, Amit Damani, Archana Priyadarshani, and Arun Venkatachalam, among others, also participated in… Continue reading BEENEXT leads funding in Driffle and India deals worth $84m
@Groupe PSA: OP The Opel Post congratulates!000452
*/ ]]> Opel employees carry the lightning bolt in their hearts. One of the special features at Opel is that many colleagues remain loyal to the company for their entire professional lives. This speaks for a close bond and a remarkable relationship. The Opel Post congratulates the employees who started at Opel in November 1982… Continue reading @Groupe PSA: OP The Opel Post congratulates!000452
@Groupe PSA: OP tipster in top form000451
Union Berlin said goodbye to the top of the table with a loud bang: the Köpenickers, who had played so well so far, let themselves be wiped out in Leverkusen with a score of 0:5. And our tip community? Of course, he didn’t have the result to this extent on his slip of paper, but… Continue reading @Groupe PSA: OP tipster in top form000451
German Handelsblatt: Auto industry: Auto supplier Schaeffler cuts 1000 jobs in Germany005554
Schaeffler headquarters in Herzogenaurach According to the company, three quarters of the jobs that will be lost come from the areas of research and development of parts for combustion engines or from central functions. (Photo: dpa) The automotive and industrial supplier Schaeffler will cut a total of 1,300 more of its almost 83,000 jobs by… Continue reading German Handelsblatt: Auto industry: Auto supplier Schaeffler cuts 1000 jobs in Germany005554
German Handelsblatt: Auto industry: Auto supplier Schaeffler cuts 1000 jobs in Germany005554
Schaeffler headquarters in Herzogenaurach According to the company, three quarters of the jobs that will be lost come from the areas of research and development of parts for combustion engines or from central functions. (Photo: dpa) The automotive and industrial supplier Schaeffler will cut a total of 1,300 more of its almost 83,000 jobs by… Continue reading German Handelsblatt: Auto industry: Auto supplier Schaeffler cuts 1000 jobs in Germany005554
Aker ASA: Ex-dividend NOK 14.50 today
LYSAKER, Norway, Nov. 8, 2022 /PRNewswire/ — The shares in Aker ASA will be traded ex-dividend NOK 14.50 as from today, 8 November 2022. For further information, please contact: Fredrik Berge, Head of Investor Relations Aker ASA mobile: +47 450 32 090 fredrik.berge@akerasa.com Atle Kigen, Head of Media Relations and Public Affairs Aker ASA Tel: +47… Continue reading Aker ASA: Ex-dividend NOK 14.50 today