Tesla on Friday launched its new megapack battery manufacturing project in Shanghai, according to Chinese state media. A signing ceremony for land acquisition of the project, capable of producing 10,000 megapacks per annum, was held on Friday morning in Shanghai, the official Xinhua News Agency reported. Reuters Go to Source
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Singapore’s ComfortDelGro to acquire Australian taxi operator A2B for $123m
SGX-listed transportation firm ComfortDelGro Corporation has offered to acquire A2B Australia Limited, a listed taxi network and payments solutions provider, for A$182 million (about $123 million), according to a filing with the Singapore bourse. ComfortDelGro Corporation Australia, a wholly-owned subsidiary of ComfortDelGro, has agreed to acquire all the shares of A2B it does not already… Continue reading Singapore’s ComfortDelGro to acquire Australian taxi operator A2B for $123m
Sumitomo Life to buy TPG’s 35% stake in SG insurer Singlife at $3.5b valuation
Japan’s Sumitomo Life Insurance Company (Sumitomo Life) has agreed to acquire all shares in Singapore insurer Singlife held by private equity giant TPG, according to an announcement. Singlife said Sumitomo Life will also make an offer to buy the shares of all other remaining shareholders, giving the Japanese insurer 100% ownership of Singlife if the… Continue reading Sumitomo Life to buy TPG’s 35% stake in SG insurer Singlife at $3.5b valuation
Tencent, NetEase plunge as China issues rules to curb players’ spending on online games
Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage video games, dealing a blow to the world’s biggest games market, which returned to growth this year. The new rules will effectively set spending limits for online games. Online games will now be banned from giving players… Continue reading Tencent, NetEase plunge as China issues rules to curb players’ spending on online games
Audi is offering a free Electrify America home EV charger when buying or leasing select EVs
If you’ve been eyeing an Audi EV, now may be the time to make a move. Audi is offering a free Electrify America home EV charger ($649 value) with the purchase or lease of select e-tron models. Audi offering free home EV charger in new deal According to a memo sent to dealers (via CarsDirect),… Continue reading Audi is offering a free Electrify America home EV charger when buying or leasing select EVs
BPEA EQT to acquire majority stake in Indian digital engineering firm Indium SoftwareIndium co-founder Ram Sukumar will continue to lead the firm as i…
BPEA EQT, the Asian private equity (PE) arm of Swedish investment firm EQT, is acquiring a majority stake in Indium Software, a digital engineering company based in India, for an undisclosed amount, confirming DealStreetAsia’s report in October. In a statement, EQT said the acquisition will be carried out through BPEA EQT Mid-Market Growth Fund, which… Continue reading BPEA EQT to acquire majority stake in Indian digital engineering firm Indium SoftwareIndium co-founder Ram Sukumar will continue to lead the firm as i…
Cleantechnica: Towing With A BEV Truck — Analysis 003158
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Battery electric trucks should, in theory, be superior to gas & diesel trucks due to their powerful, higher torque electric motors. Also, since the center of gravity is so low in a BEV, they are much more stable on… Continue reading Cleantechnica: Towing With A BEV Truck — Analysis 003158
Clean Technica: Getting Off The Fence: Tesla Bot Looks Like Tesla’s Next Giant Success003157
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! I wrote the other day about Tesla Optimus and posed the question of whether it was a “savior” for the company* or overhyped. (*Or, really, a savior for the company’s stock price/valuation. The company is fine and will remain… Continue reading Clean Technica: Getting Off The Fence: Tesla Bot Looks Like Tesla’s Next Giant Success003157
Smoking Cigarettes Does Something Horrifying to Your Brain, Scientists Find
Image by Getty / Futurism Smoking cigarettes not only has the great potential to give you cancer and lung disease, but it may also apparently shrink your poor brain, leading to dementia and Alzheimer’s disease, according to a new study published in the journal Biological Psychiatry: Global Open Science. A team of researchers from Missouri… Continue reading Smoking Cigarettes Does Something Horrifying to Your Brain, Scientists Find
Researchers Gave Homeless People $750 Per Month and the Results Were Incredible
The idea of giving homeless people money, no questions asked, is a perennially controversial topic. The common argument against handing cash to the unhoused is that they’ll spend most of it on drugs, liquor, or cigarettes because of addiction issues. But a recently published study from California seems like compelling evidence to the contrary. In 2022,… Continue reading Researchers Gave Homeless People $750 Per Month and the Results Were Incredible