Updated On Aug 8, 2023 at 08:00 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Percentage growth figures of total turnover of the auto component industry, sales to OEMs and aftermarket are in Rupee-terms while those of exports and imports are in Dollar-terms, as required by the government, ACMA said. Sales… Continue reading EV sales in local market will continue to increase, with or without subsidies: ACMA
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The TikTok logo is pictured outside the company’s U.S. head office in Culver City, California, U.S., September 15, 2020. REUTERS/Mike Blake/File Photo WASHINGTON, Aug 7 (Reuters) – Two tech groups on Monday backed TikTok in its lawsuit seeking to block enforcement of a Montana state ban on use of the short video sharing app before… Continue reading Untitled
VE Commercial Vehicles inks MoU with IIT Indore for technology development and upskilling
VE Commercial Vehicles (VECV) has signed a Memorandum of Understanding (MoU) with IIT Indore (IITI) for a five-year period. The partnership, which reflects the growing connect between the Indian automotive industry and academia, will facilitate the exchange of scientific information between VECV and IIT Indore and open channels for the development of competencies required for… Continue reading VE Commercial Vehicles inks MoU with IIT Indore for technology development and upskilling
GLP Capital Partners sets up its first China clean energy strategyGCP expects the overall investment of its new RMB fund to reach 20b yuan ($2.8b).
GLP Capital Partners (GCP), the investment and asset manager of Asia’s warehouse giant GLP, on Tuesday, announced the establishment of its first commingled clean energy strategy in China with about 4 billion yuan ($556.1 million) in commitments. GCP, which focuses on real assets and private equity (PE) across high-growth Asian markets, expects the overall investment… Continue reading GLP Capital Partners sets up its first China clean energy strategyGCP expects the overall investment of its new RMB fund to reach 20b yuan ($2.8b).
Chinese cryogenic equipment maker Fullcryo bags $111m in Series C round
Beijing Sinoscience Fullcryo Technology, which produces large-scale cryogenic equipment, has secured 800 million yuan ($111.2 million) in a Series C round co-led by Mixed Reform Fund, a national fund supporting mixed-ownership reforms of state-owned enterprises (SOEs). CCB Private Equity Investment Management, the private equity investment arm of China Construction Bank (CCB), also led the round,… Continue reading Chinese cryogenic equipment maker Fullcryo bags $111m in Series C round
Cleantechnica: EVs Take 26% Share In Germany — First BMW i5 Deliveries002944
July saw plugin EVs take 26% share in Germany, up from 25.5% year on year. Behind the apparently scant growth, full electrics grew market share by 1.43× to 20.0%, whereas plugin hybrids lost share. Overall auto volume was 243,277 units, up by 18% year on year, though still below long-term seasonal norms (over 300,000). The… Continue reading Cleantechnica: EVs Take 26% Share In Germany — First BMW i5 Deliveries002944
Elon Musk Will Pay Your Legal Bill If Your Tweets Got You Fired
Paging the law firm of Dewey, Cheatem & Howe — we have some work for you. No Limit Elon Musk says that the social network formerly known as Twitter will pay the legal bills for anyone fired for their tweets. And — like any reasonable human would — we have some questions about this. “If you were… Continue reading Elon Musk Will Pay Your Legal Bill If Your Tweets Got You Fired
Study: Smelling Stuff While You Sleep Could Improve Your Memory
How do you keep your memory sharp in old age? Try going to bed and smelling the roses, according to scientists. A new study published in the journal Frontiers in Neuroscience details how exposing adults between the ages 60 and 85 to different odors while they slept dramatically boosted their cognitive capacity — providing a… Continue reading Study: Smelling Stuff While You Sleep Could Improve Your Memory
Here’s What It’s Like To Be Falsely Arrested via Facial Recognition
“Shoddy technology makes shoddy investigations.” About Face Imagine you’re in Porcha Woodruff’s shoes back in February — heavily pregnant, getting two kids ready for school in the morning, when suddenly: Detroit police show up at your door, and arrest you for robbery and carjacking. The problem? Woodruff never committed those crimes. She was falsely identified by facial… Continue reading Here’s What It’s Like To Be Falsely Arrested via Facial Recognition