Pan-Asia logistics real estate platform ESR on Wednesday announced that it has upsized its second development joint venture (ESR-KS II) in South Korea by up to $1 billion in total capital commitment. ESR-KS II is ESR’s development JV with Dutch pension fund APG and Canada Pension Plan Investment Board (CPP Investments) established in June 2022… Continue reading ESR expands Korea development JV with APG, CPPIB to $2b
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HK-based PAG launches renewables platform, to invest over $1b in Asia
APAC-focused alternative investment firm PAG has launched PAG Renewables, a wholly-owned platform that will invest over $1 billion in renewable energy in Asia over the next several years. Following its acquisition of NASDAQ-listed First Solar’s project development platform in Japan in May, PAG has added First Solar’s development and operations teams to its real assets… Continue reading HK-based PAG launches renewables platform, to invest over $1b in Asia
Lawyers seek emergency protection for laid off Tesla workers
Lawyers representing two former Tesla employees who were terminated in mid-June have filed an emergency motion asking a judge to prohibit the EV automaker from forcing workers to sign releases in exchange for less severance than federal law provides. The plaintiffs, who allege that the company did not provide the 60 days of advance notice… Continue reading Lawyers seek emergency protection for laid off Tesla workers
Toyota used up all its EV tax credits on hybrids
Toyota has reached the 200,000-unit cap on electric and plug-in-hybrid vehicles that are eligible for a federal tax credit of $7,500. While the Japanese automaker does have exactly one electric vehicle in its lineup that is eligible for credit, Toyota has mainly used up its tax credit on plug-in hybrids. Most of the credits were… Continue reading Toyota used up all its EV tax credits on hybrids
4 negotiation points startup founders must focus on in a down market
John Weaver Contributor John Weaver is CEO of 22 Ventures, an angel firm that offers founders connections, entrepreneurial experience and a genuine concern for their well-being. For the first time in more than a year, venture capital funding saw a decline last quarter. For founders, this drop may spark concerns around how to secure capital, making… Continue reading 4 negotiation points startup founders must focus on in a down market
Fisker asks extra $5,000 nonrefundable deposit from its Ocean reservation holders
Fisker is asking its Ocean reservation holders to shell out an extra $5,000 in a nonrefundable deposit for a “pre-order” when holders have already made a reservation with a deposit for the Ocean electric SUV. This week, Fisker has launched what it calls its “Pre-Order” program for the Ocean, its first vehicle since relaunching the… Continue reading Fisker asks extra $5,000 nonrefundable deposit from its Ocean reservation holders
Tesla (TSLA) achieves record monthly production – ready for impressive second half of 2022
Tesla (TSLA) achieved record production in June – exiting the year’s first half – setting the automaker up for an impressive second half of the 2022. This weekend, Tesla released its Q2 2022 production and delivery results. It confirmed its first quarterly setback in deliveries in more than two years due to its factory shutdown… Continue reading Tesla (TSLA) achieves record monthly production – ready for impressive second half of 2022
Sustainable Personal Care Items to Add to Your Medicine Cabinet
Brushing your teeth, swiping on some deodorant, and showering are all essential daily hygiene habits, but our favorite products’ packaging is often made of plastic and can be difficult to reuse or repurpose. We know you’re probably up to your ears in infographics, ads, and friends telling you that switching to sustainable products is important… Continue reading Sustainable Personal Care Items to Add to Your Medicine Cabinet
Tesla Unveils Trailer With Pop-Out Solar Panels
Complete with SpaceX Starlink internet. Solar Trailer While we’re not expecting to see it hitting store shelves any time soon, Tesla has shown off a massive solar trailer during an exposition in Germany, as seen in new images shared online. The bulky range-extending trailer even includes a SpaceX Starlink internet satellite dish in the back.… Continue reading Tesla Unveils Trailer With Pop-Out Solar Panels
Autonomous Drones Could Soon Run the UK’s Energy Grid
“We’re moving into a future where these drones will fly themselves all over the countryside,” McKenna says. “But the long-term future of this software is that it will fly people around.” With the UK’s National Grid, which operates the country’s energy supply, the relationship has been more concrete, after the organization committed funds to accelerate… Continue reading Autonomous Drones Could Soon Run the UK’s Energy Grid