Indonesia’s government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in Southeast Asia’s largest auto market, but buyers are not sold yet. The price premium on electric vehicles (EVs), questions about the availability of charging stations and doubts about new brands are reasons to hold… Continue reading Indonesia pushes EV dream, but car shoppers are not sold yet
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Shares of Reliance’s Jio Financial Services fall 5% on market debut
Shares in India’s Jio Financial Services (JFS), carved out of billionaire Mukesh Ambani’s Reliance Industries, fell as much as 5% on their trading debut on Monday, valuing the company at 1.58 trillion rupees ($19 billion). JFS’ stock opened at Rs 262 and fell to a low of 248.90 rupees, with almost 70 million shares trading… Continue reading Shares of Reliance’s Jio Financial Services fall 5% on market debut
Chinese IC packaging firm ECHINT bags almost $137m in Series B round
ECHINT, which engages in advanced integrated circuit (IC) packaging and testing, has secured 1 billion yuan ($136.9 million) in a Series B round co-led by venture capital firm Matrix Partners China. Brilliant Fund, also known as Beite Fund, which invests in strategic and emerging industries, including electronic information and smart manufacturing, also led the funding… Continue reading Chinese IC packaging firm ECHINT bags almost $137m in Series B round
Tata seeks partnerships for UK battery plant to supply Jaguar Land Rover EVs
Tata’s main demand from the UK was securing competitive cost and availability of green power on a continuous basis and negotiating that took time, Balaji said. The UK government adjusted taxes, including grid and connection charges, to make the power competitively priced. Tata Sons is in discussions with multiple startups as the conglomerate seeks technical… Continue reading Tata seeks partnerships for UK battery plant to supply Jaguar Land Rover EVs
EV policy 2.0 among key schemes halted in Delhi
Updated On Aug 21, 2023 at 07:24 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals A senior official said: “The policy might see two to three months’ delay as the special body formed to implement provisions of the Delhi EV Policy has been hit after several “specialists” were terminated. Even the… Continue reading EV policy 2.0 among key schemes halted in Delhi
LG Offers One-Stop Laundry Solution With New Second-Gen LG SIGNATURE Washer-Dryer at IFA 2023
August 21, 2023 LG Offers One-Stop Laundry Solution With New Second-Gen LG SIGNATURE Washer-Dryer at IFA 2023 Open share list Share this content. User-Friendly New Model Delivers Complete, Hassle-Free Laundry Experience SEOUL, Aug. 21, 2023 — LG Electronics (LG) is introducing the latest addition to its second-generation LG SIGNATURE lineup, the new Washer-Dryer with Heat… Continue reading LG Offers One-Stop Laundry Solution With New Second-Gen LG SIGNATURE Washer-Dryer at IFA 2023
CAN-AM TRANSFORMS THE RIDER EXPERIENCE AND PERFORMANCE WITH THE ALL NEW 2024 MAVERICK R
VALCOURT, QC, Aug. 20, 2023 /PRNewswire/ – BRP Inc. (TSX: DOO) (NASDAQ: DOOO) is changing the landscape of the recreational side-by-side (SSV) category with the all-new Maverick R. Built on the principles of challenging the status quo and blasting through the barriers of performance, the 2024 Can-Am Maverick R lineup will forever change the off-road scene.… Continue reading CAN-AM TRANSFORMS THE RIDER EXPERIENCE AND PERFORMANCE WITH THE ALL NEW 2024 MAVERICK R
Bharat NCAP to be launched on August 22
Union Minister of Road Transport and Highways, Nitin Gadkari is to launch the much-awaited Bharat New Car Assessment Programme (Bharat NCAP) on August 22, 2023. This programme is a significant step forward in the government’s commitment to improve road safety through raising the safety standards of motor vehicles up to 3.5 tonnes in India. The… Continue reading Bharat NCAP to be launched on August 22
Bharat NCAP to be launched on August 22
Union Minister of Road Transport and Highways, Nitin Gadkari is to launch the much-awaited Bharat New Car Assessment Programme (Bharat NCAP) on August 22, 2023. This programme is a significant step forward in the government’s commitment to improve road safety through raising the safety standards of motor vehicles up to 3.5 tonnes in India. The… Continue reading Bharat NCAP to be launched on August 22
Renault India plots hybrid models as part of multi-powertrain strategy
French car maker Renault at working at top speed on a plan to localise hybrid powertrains in the future for the India market. This move is part of its multi-powertrain strategy to penetrate the growing Indian passenger vehicle market, Interestingly, Renault, which decided to exit the diesel engine market, does not foresee big potential for CNG.… Continue reading Renault India plots hybrid models as part of multi-powertrain strategy