Ben Prochazka of the Electrification Coalition explains first steps to car rental electrification during the ACRA seminar at the 2022 ICRS. Prochazka is flanked by Sharky Laguana, president of ACRA (left), Kandee Worley of the Nevada DOT, and Sam Baker (far right) who works for Clark County, Nevada. Photo: Ross Stewart, RMS3Digital Car rental companies are… Continue reading The Path to Rental-Car Fleet Electrification
Category: Automotive
Carwiz Announces 3 New Affiliates
Carwiz was a sponsor and exhibitor at the 2022 ICRS, where it used the opportunity to increase awareness of its affiliate and franchise programs. Photo: Carwiz European-based car rental company Carwiz did more than mingle with peers at the recent International Car Rental Show (ICRS) in Las Vegas. It also shared the story of its brand… Continue reading Carwiz Announces 3 New Affiliates
Volvo will use Epic’s Unreal Engine to create ‘photorealistic’ graphics in its electric cars
Volvo will be the latest automaker to tap into the graphical prowess of Epic Games’ Unreal Engine. The Swedish automaker said it will partner with the Fortnite creator to bring “photorealistic visualization” into its next generation of electric vehicles. The crux of the Volvo / Epic partnership will be the “human-machine interface” (HMI), which, in… Continue reading Volvo will use Epic’s Unreal Engine to create ‘photorealistic’ graphics in its electric cars
China’s Yingke PE secures final close of RMB fund at $150m …
Yingke PE has raised 1 billion yuan ($150 million) for a new RMB-denominated fund in a sign that fundraising by blue-chip investment companies in China is largely immune to pandemic-induced city lockdowns and business suspensions. The Shanghai-based firm announced the closing of the RMB fund on Monday, right before authorities in the city ended a… Continue reading China’s Yingke PE secures final close of RMB fund at $150m …
HSBC to invest $448m in China ops, sees opportunities amid challenges
HSBC Holdings plans to invest more than 3 billion yuan ($448 million) in its China operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges for the economy but also opportunities for investment. Quinn said the investment would be carried out over a five-year period running until 2025 without specifying the divisions that would receive the cash. While… Continue reading HSBC to invest $448m in China ops, sees opportunities amid challenges
Asia Digest: Blackstone acquires assets in Japan; MSREI snags four logistics assets in China
Blackstone has joined forces with independent asset manager Alyssa Partners to acquire assets in four Japanese cities while Morgan Stanley Real Estate Investing has acquired a portfolio of four logistics assets in cities surrounding Shanghai from Singapore-based SC Capital Partners. Blackstone acquires assets in Japan for $157m PE firm Blackstone has joined forces with independent… Continue reading Asia Digest: Blackstone acquires assets in Japan; MSREI snags four logistics assets in China
US pension fund set to commit $75m to LaSalle’s sixth Asia real estate fund
The Los Angeles-based Water and Power Employees’ Retirement Plan (WPERP) has finalised its $75-million commitment to LaSalle Investment Management’s sixth Asia real estate fund, according to the US pension fund’s May investment report accessed by DealStreetAsia. The had earlier committed up to $60 million from its Retirement Fund and up to $15 million from the… Continue reading US pension fund set to commit $75m to LaSalle’s sixth Asia real estate fund
@Nissan: 2022/06/01 Nissan e.dams all set for the eagerly anticipated Jakarta E-Prix The Nis…000763
2022/06/01 YOKOHAMA, Japan – The Nissan e.dams Formula E Team heads to Jakarta for the first time to compete on a new street circuit for Round 9 of the 2021/22 ABB FIA Formula E World Championship. The inaugural Jakarta E-Prix will take place on a 2.37-mile circuit against the backdrop of the city’s famous bay.… Continue reading @Nissan: 2022/06/01 Nissan e.dams all set for the eagerly anticipated Jakarta E-Prix The Nis…000763
@Nissan: Nissan e.dams all set for the eagerly anticipated Jakarta E-Prix000763
2022/06/01 YOKOHAMA, Japan – The Nissan e.dams Formula E Team heads to Jakarta for the first time to compete on a new street circuit for Round 9 of the 2021/22 ABB FIA Formula E World Championship. The inaugural Jakarta E-Prix will take place on a 2.37-mile circuit against the backdrop of the city’s famous bay.… Continue reading @Nissan: Nissan e.dams all set for the eagerly anticipated Jakarta E-Prix000763
CEO Herbert Diess reiterates VWs ambitions to overtake Tesla in EV sales by 2025 – Drive Tesla Canada
Credit: CNBC Volkswagen Group CEO Herbert Diess said during an interview on CNBC’s “Squawk Box Europe” that his company still intends on overtaking Tesla to become the world’s electric vehicle (EV) sales leader by 2025. Diess made the comments while at the World Economic Forum in Davos, Switzerland, the same location where he first made… Continue reading CEO Herbert Diess reiterates VWs ambitions to overtake Tesla in EV sales by 2025 – Drive Tesla Canada