Fintech startup Credit Fair has raised $10 million in debt and equity as part of its seed extension round. Separately, electric scooter startup River raised $11 million in its Series A round, while logistics unicorn Xpressbees secured Rs 195 crore ($24.6 million) in a secondary transaction. Credit Fair raises $10m in seed extension round Fintech… Continue reading India Digest: Credit Fair, River, Xpressbees in funding news
Tag: Toyota
Electrify Expo: EV Interest Soars as North America’s Largest Electric Vehicle Festival Comes To NY
Data Shows EV Test Drives Increase Purchase Interest All New Car Sales in NY to be Zero emissions (EV) by 2035 Outdoor EV Festival Offers Ability to Ride, Drive, Demo, and Feel the Exhilarating Thrill of All Things “EV” LONG ISLAND, N.Y., Aug. 3, 2022 /PRNewswire/ — Electrify Expo, North America’s largest electric-vehicle festival, charges… Continue reading Electrify Expo: EV Interest Soars as North America’s Largest Electric Vehicle Festival Comes To NY
Hydrogen Fuel Cell Train Market to Reach $26.41 Billion, Globally, by 2035 at 28.2% CAGR: Allied Market Research
Rise in investments in railway infrastructure development, increase in environmental concerns, and surge in demand for public transport services drive the growth of the global hydrogen fuel cell train market. PORTLAND, Ore., Aug. 3, 2022 /PRNewswire/ — Allied Market Research published a report, titled, “Hydrogen Fuel Cell Train Market by Application (Passenger Train, Freight Train, Others), by Technology (Proton… Continue reading Hydrogen Fuel Cell Train Market to Reach $26.41 Billion, Globally, by 2035 at 28.2% CAGR: Allied Market Research
Ford (F), GM, Toyota Lobby to Fix Electric-Car Tax Credit in Senate Deal – Bloomberg
Ford (F), GM, Toyota Lobby to Fix Electric-Car Tax Credit in Senate Deal Bloomberg Celebrated EV credits bill poses risks for automakers, suppliers; China looms Detroit News Canada-made electric vehicles will qualify for tax credits under revised U.S. bill Yahoo Movies UK Manchin Sets High Bar for Tesla, GM Electric-Car Tax Credits | Daily Business Review Law.com View Full… Continue reading Ford (F), GM, Toyota Lobby to Fix Electric-Car Tax Credit in Senate Deal – Bloomberg
German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918
Would you buy a Chinese car? “Not really,” says a young woman. A man with a three-day beard shakes his head. “I don’t intend to do that,” explains a passer-by. And a pedestrian says: “I think I’m a long way from buying a Chinese car.” A little later, two of the four interviewees in the… Continue reading German Handelsblatt: Chinese electric cars: BYD could become as dangerous to VW, BMW and Mercedes as Tesla004918
Velocia Raises $2.5M in Funding
Velocia, a Toronto, Canada-based software-as-a-service (SaaS) provider for a mobility rewards platform, raised $2.5m in growth funding. WindSail Capital Group made the investment. Led by David Winterstein, CEO, Velocia Velocia is a SaaS mobility rewards platform designed to incentivize and reward people for their daily commutes. It uses rewards to encourage people to get out of single-occupant vehicles… Continue reading Velocia Raises $2.5M in Funding
Legacy automakers: Who is investing the most into EVs?
The EV race is heating up. Electric car sales in the US reached a new record in the first quarter, and the momentum does not look to be slowing anytime soon. Traditional automakers are spending billions to catch up to EV leader Tesla. Which legacy automakers are spending the most on EVs? Traditional automakers are… Continue reading Legacy automakers: Who is investing the most into EVs?
Biden touts chip funding at virtual appearance at Hemlock Semiconductor
President Joe Biden on Tuesday touted $52 billion in funding for domestic semiconductor chip production during a remote appearance at the Hemlock Semiconductor Corp. outside of Saginaw. He had planned to visit Michigan in person, but appeared remotely instead after testing positive Saturday for COVID for the second time in less than two weeks. “The… Continue reading Biden touts chip funding at virtual appearance at Hemlock Semiconductor
@Toyota: Toyota Tsusho to Acquire Shares of Healthcare Company Good Life Design
Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it has reached an agreement to acquire 49% of the shares of Good Life Design Co., Ltd. (“Good Life Design”) from Mitsubishi Corporation. This transaction will have completed following acquiring permissions required for the transfer of shares from competition authorities both in Japan and abroad. Toyota Tsusho… Continue reading @Toyota: Toyota Tsusho to Acquire Shares of Healthcare Company Good Life Design
@Toyota: All-Electric, Two-Wheeled Vehicles for Life and Livelihood: Our Investment in River
Two-wheeled motorcycles, mopeds and kick scooters are key pieces of mobility in India. In a country with cities known for high levels of congestion, two-wheeled vehicles are popular for their affordability and ease of navigating urban gridlock. Sales of two-wheelers touched over 15 million in India last year, compared to nearly 4 million passenger vehicles.… Continue reading @Toyota: All-Electric, Two-Wheeled Vehicles for Life and Livelihood: Our Investment in River