NABVENTURES invests in Beyond Snáck and other India deals worth $76m

Kerala-based banana chips brand Beyond Snack Thursday announced that it has raised $3.5 million in fresh funding from the NABVENTURES Fund to accelerate its expansion plans. NABVENTURES is a venture growth equity fund that invests in agriculture, food, rural businesses and agri/rural financial services at the early to mid-stage. The investment will be used to… Continue reading NABVENTURES invests in Beyond Snáck and other India deals worth $76m

German Manager Magazin: Auto supplier Brose: Third change of boss within five years002631

For the third time in five years, the Franconian auto parts supplier Brose a new boss. As of September 1, Philipp Schramm is to take over the management of the manufacturer of vehicle doors and seats on an interim basis, as announced by Brose in Coburg. The 43-year-old, who came from the automotive supplier Webasto… Continue reading German Manager Magazin: Auto supplier Brose: Third change of boss within five years002631

Exclusive: BYD tells India partner it wants to drop $1 bln EV investment plan-sources

NEW DELHI, July 28 (Reuters) – China’s BYD (002594.SZ) has told its India joint-venture partner it would shelve plans for a new $1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi, two people with knowledge of the discussions said. BYD and its partner, privately held Megha Engineering and Infrastructures… Continue reading Exclusive: BYD tells India partner it wants to drop $1 bln EV investment plan-sources

Locus Robotics Breaks Ground for New Global Headquarters, Laying Foundation for Innovation and Growth

Company Highlights Commitment to Technological Advancements and AI-driven Innovation with Expanded Operations at Wilmington, MA facility WILMINGTON, Mass., July 26, 2023 /PRNewswire/ — Locus Robotics, a global leader in autonomous mobile robots (AMRs) for warehouse automation, today broke ground for its new global headquarters in Wilmington, Massachusetts. The expansion stands as a reflection of the company’s remarkable… Continue reading Locus Robotics Breaks Ground for New Global Headquarters, Laying Foundation for Innovation and Growth

8 Disruptors In The Electric Vehicle Boom

FN Media Group Presents Oilprice.com Market Commentary LONDON, July 26, 2023  /PRNewswire/ — Many EV companies are bleeding cash. Many others are involuntarily ceding market share to traditional auto giants like Ford, Chevy and GM. Companies mentioned in this release include: General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), NIO Inc. (NYSE: NIO), Joby… Continue reading 8 Disruptors In The Electric Vehicle Boom

KERTEN HOSPITALITY TO OPERATE THE HOUSE RESIDENCE IN NEOM’S OXAGON

Billed as upscale serviced apartments at the heart of the city’s first residential community, Kerten Hospitality’s House Residence concept will enable visitors to experience Oxagon’s new model for urban living DUBLIN, July 26, 2023 /PRNewswire/ — Kerten Hospitality will enter its House Residence brand in Oxagon, home to advanced and clean industries in NEOM. This… Continue reading KERTEN HOSPITALITY TO OPERATE THE HOUSE RESIDENCE IN NEOM’S OXAGON

Japan House London Offers Tastes of Japanese Rail Travel with Station-Style Vending Machine

LONDON, July 26, 2023 /PRNewswire/ — From 3 July to 14 September 2023, the Shop at Japan House London offers visitors a unique Japanese rail-themed retail experience, complete with a high-tech vending machine dispensing rarely-seen railway goods and confectionery from Japan’s largest passenger rail operator JR-East. Continue Reading Vending Machine at Japan House London Throughout… Continue reading Japan House London Offers Tastes of Japanese Rail Travel with Station-Style Vending Machine

oToBrite launches the world’s first All-in-one ADAS product to enhance the safety of heavy commercial vehicles

HSINCHU, July 26, 2023 /PRNewswire/ — Heavy commercial vehicles have more blind areas than any other types of vehicle due to the higher driver seat, so accidents could easily happen while moving off or making turns. Besides, there are many driving scenarios that may lead to fatal crashes, such as distracted driving, improper following, erratic… Continue reading oToBrite launches the world’s first All-in-one ADAS product to enhance the safety of heavy commercial vehicles

John Lau takes legal action against Heath Zarin, EV Cornerstone

Cargo Services Far East Limited and CS International (Seafreight) Limited file lawsuit against EV Cargo Global Forwarding GmBH HONG KONG, July 26, 2023 /PRNewswire/ — Mr. John Lau Shek Yau (“John Lau or Mr. Lau”), founder of Cargo Services Group as well as JL Enterprises, began legal dispute and litigation proceedings against Heath Brian Zarin… Continue reading John Lau takes legal action against Heath Zarin, EV Cornerstone

China’s Yunhong Group furthers global push on full biodegradation

WUXUE, China, July 26, 2023 /PRNewswire/ — Recently, the economic representative office of Guinea-Bissau was unveiled in the pan-health industrial park of Yunhong Group in Wuxue City in central China’s Hubei Province. The company and representatives of African countries reached a series of cooperation in full biodegradation. A conference on green economy was also held,… Continue reading China’s Yunhong Group furthers global push on full biodegradation