Modi’s infra push likely to double this highway builder’s revenue in 4-5 years

By Dhwani PandyaDilip Buildcon Ltd., one of the top highway builders in India, expects revenue to double in the next 4-5 years on an infrastructure push by Prime Minister Narendra Modi’s government, Rohan Suryavanshi, the company’s head of strategy & planning, said in an interview with Bloomberg TV. “We should be looking at 15%-20% growth… Continue reading Modi’s infra push likely to double this highway builder’s revenue in 4-5 years

Nio risks running low on power on Europe road trip

A quarter of the $1 billion raised in its 2018 listing was earmarked for marketing and showrooms, according to the prospectus. By Katrina Hamlin HONG KONG: Nio‘s pending European road trip could sap its batteries. Results released on Tuesday show the Chinese electric-car maker moving fast. But founder William Li’s plan to venture overseas means… Continue reading Nio risks running low on power on Europe road trip

Tata Motors delivers 100 Safaris in Delhi-NCR in a day

Tata Motors, which has received a strong market response to the recently launched new Safari, has delivered 100 units of its new flagship in the key Delhi-NCR region. The company says most of the customers have chosen the XZA+ trim with Royal Blue and Orcus White standing out as the colour of preference. Launched at… Continue reading Tata Motors delivers 100 Safaris in Delhi-NCR in a day

@BMW: Powered by water: BMW Group manufactures electric cars with regional green electricity000940

BMW iX* and BMW i4 production powered by hydroelectricity from Rivers Isar and Lech +++ Electricity for BMW Group production is 100% green +++ Direct supply contracts boost eco-credentials +++   Munich / Dingolfing. The BMW Group will power production of the new electric BMW iX* and BMW i4 at Plants Dingolfing and Munich entirely… Continue reading @BMW: Powered by water: BMW Group manufactures electric cars with regional green electricity000940

Volvo says it will only sell electric cars by 2030

Swedish automaker Volvo says it will only sell electric cars by 2030, phasing out all diesel, petrol, and hybrid options in an effort to reduce global carbon emissions. The company previously aimed for half of its cars sales to be electric by 2025, but says the new strategy is an “acceleration” of this goal driven… Continue reading Volvo says it will only sell electric cars by 2030

Volvo says it will make only electric cars by 2030

Volvo plans to sell only electric cars by 2030 in the latest move by a legacy carmaker to abandon fossil fuels that contribute to global heating. The Swedish carmaker also said it would only sell its electric cars direct to consumers online, in a blow to the traditional model of selling vehicles via independent dealerships.… Continue reading Volvo says it will make only electric cars by 2030

German Manager Magazin: Sixt: Erich Sixt gives leadership to Alexander and Konstantin Sixt from000620

Generation change at the top of Germany’s largest car rental company: CEO and major shareholder Erich Sixt (76) hands over the helm to his sons Alexander and Konstantin. After the annual general meeting on June 16, shortly before his 77th birthday, Erich Sixt is leaving the management board and will then take over the chairmanship… Continue reading German Manager Magazin: Sixt: Erich Sixt gives leadership to Alexander and Konstantin Sixt from000620

German Manager Magazin: Electric car: Volvo will be a purely electric car brand from 2030, e-cars will only be sold online000619

The previous big electric announcements often came from brands whose sales figures were comparatively low – and for whom switching to battery-only electric drives should therefore be a little easier. Now, with the Swedish-Chinese luxury car maker Volvo (vehicle sales 2020: 705,452 cars, annual profit in the Corona year: 770 million euros), a significantly larger… Continue reading German Manager Magazin: Electric car: Volvo will be a purely electric car brand from 2030, e-cars will only be sold online000619

@niche: Workhorse: Back to the Drawing Board000577

TipRanks Goldman Sachs Predicts Over 50% Rally for These 2 Stocks Stocks started this year with heft gains, edged back last week, and now are rising again. The big tech giants led the moves, with volatility in Apple and Amazon leading the NASDAQ on its gyrations. The strategy team at investment bank Goldman Sachs have… Continue reading @niche: Workhorse: Back to the Drawing Board000577

WiTricity Raises Additional $18M in Funding

WiTricity, a Watertown, MA-based EV wireless charging company, raised an additional $18m in funding. The round added to its previously announced $34m funding led by Stage 1 Ventures with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its U.S. subsidiary, Mitsubishi Corporation (Americas). The extension included investments from Tony Fadell’s Future Shape… Continue reading WiTricity Raises Additional $18M in Funding