It’s not looking great. Hypomiling While we still don’t know exactly how the mileage of Tesla’s Cybertruck will perform over time, early tests for the handful that the company finally delivered aren’t looking all too promising. YouTube account Out of Specs rented a Cybertruck and took it for an extended spin, livestreaming the ordeal over… Continue reading The Cybertruck’s Real World Range Is Incredibly Feeble
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People Digest: Nabventures CEO quits; PhonePe names CEO of international paymentsRajesh Ranjan, CEO of Nabventures, has quit to set up a growth-stage …
Rajesh Ranjan, CEO of NABARD’s venture arm Nabventures Ltd has quit the VC to set up his growth-stage fund. Separately, Phonepe said it has named former Yes Bank executive Ritesh Pai as the Chief Executive Officer (CEO) of its International Payments business. Nabventures CEO quits Rajesh Ranjan, CEO of NABARD’s venture arm Nabventures Ltd has… Continue reading People Digest: Nabventures CEO quits; PhonePe names CEO of international paymentsRajesh Ranjan, CEO of Nabventures, has quit to set up a growth-stage …
ADIA-backed Indian payments firm MobiKwik files for smaller $84m IPO
Indian digital payments firm MobiKwik, backed by Abu Dhabi Investment Authority and Bajaj Finance, has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million), about 63% less than its first attempt in 2021. The company, founded over a decade ago, had filed for a 19 billion rupees IPO in… Continue reading ADIA-backed Indian payments firm MobiKwik files for smaller $84m IPO
Lazada faces another leadership shake-up amidst layoffs: Report
As part of its ongoing downsizing exercise, e-commerce giant Lazada has reportedly let go of several senior-level executives including chief customer care officer Brigitte Daubry, who is based in Singapore, Lazada Malaysia’s CEO and chief logistics officer, as well as chief marketing officers across markets, according to a report in The Edge Singapore on Friday.… Continue reading Lazada faces another leadership shake-up amidst layoffs: Report
BlackRock appoints Hua Fan as China head, succeeding Tony Tang
BlackRock Inc has appointed Hua Fan, formerly general manager of its majority-owned China asset management unit, as head of China, two sources with knowledge of the matter said. Fan, who joined the world’s largest asset manager in 2022 to lead its 51%-owned China joint venture, has been promoted to oversee BlackRock’s entire China onshore business, including the… Continue reading BlackRock appoints Hua Fan as China head, succeeding Tony Tang
Aurora finalizes design of self-driving trucks it will make with Continental
/ The company aims to deploy a dozen or so trucks this year, with an eye toward having thousands on the road in 2027. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City &… Continue reading Aurora finalizes design of self-driving trucks it will make with Continental
Tesla lowers Model Y, S, and X range estimations following exaggeration complaints
/ Several of Tesla’s most popular models are now showing lower range estimates in the US. The move comes after the DOJ opened a probe into inflated claims. By Jess Weatherbed, a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews. Share this… Continue reading Tesla lowers Model Y, S, and X range estimations following exaggeration complaints
Tesla Model Y range estimate reduced by 6%, becoming more realistic
Tesla has updated its Model Y EPA range estimates, lowering the range of its Long Range and Performance models by 6% in its online configurator. Specifically, the Model Y Long Range is down to 310 miles from 330, and the Model Y Performance is down to 285 miles from 303. The cheapest Model Y, the… Continue reading Tesla Model Y range estimate reduced by 6%, becoming more realistic
Tesla adds two new Model Y colors – Stealth Grey and Ultra Red
Tesla has updated its US Model Y configurator, adding the Ultra Red and Stealth Grey colors to the Model Y, which had previously only been available on the Model S and X. Tesla doesn’t change its color palette all that often, but last year it added two new colors to the Model S and X… Continue reading Tesla adds two new Model Y colors – Stealth Grey and Ultra Red
3D Investment Partners raises stake in Japanese beverages maker Sapporo
Singapore-based 3D Investment Partners has become the largest shareholder in Japanese beverages manufacturer Sapporo Holdings after increasing its stake several times in recent months. In October last year, Sapporo launched a strategic review of its business, having come under pressure from shareholders, including 3D, unhappy with stagnant growth. Since then, 3D has increased its shareholding… Continue reading 3D Investment Partners raises stake in Japanese beverages maker Sapporo