Schneider Electric, a leader in energy management and automation, has made an equity investment in Mumbai-based clean-energy firm Biofuels Junction, according to a press release. The investment was made through Schneider Electric Energy Access (SEEAA), the Asia-focused clean energy fund, co-funded by Norfund, EDFI MC and Amundi. SEEAA, a EUR 21 million investment vehicle, seeks… Continue reading Schneider Electric backs India-based clean energy venture Biofuels Junction
Tag: People
German Handelsblatt: IAA: VW is in a quandary with its next product generation007669
GTI in electric GTI – these three letters stand for particularly sporty models from Wolfsburg. In the future there will also be electric GTI models. (Photo: Reuters) Instead of an electronic innovation, the Volkswagen brand brought a bit of nostalgia to this year’s IAA. At the start of the auto show, Germany’s largest car manufacturer… Continue reading German Handelsblatt: IAA: VW is in a quandary with its next product generation007669
German Handelsblatt: IAA: VW is in a quandary with its next product generation007669
GTI in electric GTI – these three letters stand for particularly sporty models from Wolfsburg. In the future there will also be electric GTI models. (Photo: Reuters) Instead of an electronic innovation, the Volkswagen brand brought a bit of nostalgia to this year’s IAA. At the start of the auto show, Germany’s largest car manufacturer… Continue reading German Handelsblatt: IAA: VW is in a quandary with its next product generation007669
Truckstop Raises Awareness for Driver Well-being Challenges During National Truck Driver Appreciation Week
BOISE, Idaho, Sept. 8, 2023 /PRNewswire/ — In recognition of National Truck Driver Appreciation Week (Sept. 10-16), Truckstop surveyed over 500 long-haul truck drivers to gain an understanding of the challenges they face on the road to eat healthy and stay active. “As we mark National Truck Driver Appreciation Week, it’s imperative we shed light on… Continue reading Truckstop Raises Awareness for Driver Well-being Challenges During National Truck Driver Appreciation Week
PetroChina buys EV charging firm Potevio New Energy
PetroChina last month set up a new entity based in the southeastern city of Putian in Fujian province to focus on investing and operating EV charging facilities. PetroChina has acquired 100% of electric vehicle (EV) charging firm Potevio New Energy Co Ltd in the latest lower-carbon investment by China’s top oil and gas company, parent… Continue reading PetroChina buys EV charging firm Potevio New Energy
Stellantis plans to expand battery capacity to 400 GWh
The world’s third largest carmaker by sales earlier this year opened its first European gigafactory, in France, to be followed by ones in Germany and in Italy, all through the ACC joint venture Stellantis has with Mercedes and TotalEnergies. Carmaker Stellantis aims to expand its battery building capacity to 400 GWh to support growing production… Continue reading Stellantis plans to expand battery capacity to 400 GWh
Toyota Czech unit cuts output after fire hits supplies
An EU member of 10.5 million people, the Czech Republic is heavily dependent on car production and exports to fuel its economy, which has been hit hard by the Covid pandemic and the war in Ukraine. The Czech unit of Japanese automaker Toyota said Friday it would suspend its production for another week following a… Continue reading Toyota Czech unit cuts output after fire hits supplies
Technologycategory
Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source
Apple suppliers slide on China anxiety, threat from Huawei
SHANGHAI/TAIPEI, Sept 8 (Reuters) – China’s widening curbs on iPhone use by government staff intensified a sell-off in global tech stocks on Friday, fanning fears that Apple (AAPL.O) and its suppliers could take a hit from rising Sino-U.S. tensions and growing competition from Huawei. Apple shares tumbled 6.4% over the last two days, wiping $190… Continue reading Apple suppliers slide on China anxiety, threat from Huawei
EIT InnoEnergy Secures Over €140M In Private Placement Round
EIT InnoEnergy, an Eindhoven, The Netherlands-based sustainable energy investor, raised over €140M in private funding. The round saw participation from new investors Societe Generale, Santander CIB, PULSE – CMA CGM Energy Fund, Renault Group, Stena Recycling and NIIT, and existing investors such as Siemens Financial Services, Schneider Electric, Capgemini, Volkswagen Group, ING, Koolen Industries, GROUPE… Continue reading EIT InnoEnergy Secures Over €140M In Private Placement Round