Hidden Hill Capital, the alternative asset management arm of global logistics giant GLP, has closed a new RMB-denominated venture capital (VC) fund at 1.1 billion yuan ($156 million), the firm’s first early-stage vehicle to focus on modern logistics and digital supply-chain technologies. The VC fund will primarily invest in early-stage tech startups in the logistics… Continue reading GLP-backed Hidden Hill rolls out $156m RMB-dominated VC fundThis is the firm’s first early-stage vehicle to focus on modern logistics and digital supp…
Tag: Geely
China’s New Energy Company VREMT Showing Muscle at EVA
FRANKFURT, Germany, Sept. 20, 2024 /PRNewswire/ — Electric Vehicles Expo at Automechanika concluded successfully on September 14, 2024. It is the first time for Geely Holding Group to lead its brands to participate in the Expo. VREMT, as a subsidiary of Geely and a key player of Geely’s new energy strategy, exhibited its “all-domain 800V battery,… Continue reading China’s New Energy Company VREMT Showing Muscle at EVA
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
An employee does final inspections on a Mercedes-Benz C-Class at the Mercedes-Benz US International factory in Vance, Alabama. Andrew Caballero-Reynolds | AFP | Getty Images Mercedes shares fell more than 6% Friday after becoming the latest carmaker to cut its guidance this year as sluggish demand in China and trade disputes weigh on the sector.… Continue reading Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Why EU tariffs are unlikely to dent Chinese EV makers’ European expansion
People look at a BYD Dolphin electric subcompact during the 2023 Shenyang International Auto Show on May 3, 2023 in Shenyang, Liaoning Province of China. Vcg | Visual China Group | Getty Images Chinese electric vehicles will remain competitive in Europe despite the EU’s additional tariffs on autos made in the country, particularly after they… Continue reading Why EU tariffs are unlikely to dent Chinese EV makers’ European expansion
Volvo’s 10 new and updated models include long-range plug-in hybrids
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Window Lift Motors Market worth $3.8 billion by 2030 | MarketsandMarkets
Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23819831 Browse in-depth TOC on “Window Lift Motors Market” 289 – Tables 88 – Figures 258 – Pages Window Lift Motors Market Scope: Report Coverage Details Market Revenue in 2024 USD 3.5. Billion Estimated Value by 2030 USD 3.8 Billion Growth Rate Poised to grow at a CAGR of 1.6% Market… Continue reading Window Lift Motors Market worth $3.8 billion by 2030 | MarketsandMarkets
China’s New Energy Company VREMT Showing Muscle at EVA
FRANKFURT, Germany, Sept. 20, 2024 /PRNewswire/ — Electric Vehicles Expo at Automechanika concluded successfully on September 14, 2024. It is the first time for Geely Holding Group to lead its brands to participate in the Expo. VREMT, as a subsidiary of Geely and a key player of Geely’s new energy strategy, exhibited its “all-domain 800V battery,… Continue reading China’s New Energy Company VREMT Showing Muscle at EVA
European auto industry calls for urgent action as EV demand falls sharply
The European Automobile Manufacturers’ Association (ACEA), which represents the 15 major Europe-based car, van, truck and bus makers – BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Nissan, Renault Group, Toyota Motor Europe, Volkswagen Group, and Volvo Group – has urged speedy action… Continue reading European auto industry calls for urgent action as EV demand falls sharply
European auto industry calls for urgent action as EV demand falls sharply
The European Automobile Manufacturers’ Association (ACEA), which represents the 15 major Europe-based car, van, truck and bus makers – BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Nissan, Renault Group, Toyota Motor Europe, Volkswagen Group, and Volvo Group – has urged speedy action… Continue reading European auto industry calls for urgent action as EV demand falls sharply
BEV sales in Europe witness largest YoY decline since January 2017
The decline in consumer demand for battery electric vehicles continues in Europe, and also continues to drag overall sales of passenger vehicles. According to JATO Dynamics’ latest retail sales data for 28 European markets, 753,482 new cars were registered in August 2024. This marks a 16% year-on-year decrease on the 899,881 units registered in August… Continue reading BEV sales in Europe witness largest YoY decline since January 2017