Sources had previously told Reuters that Tesla planned to begin production in Mexico in 2025, but the company has not announced a start date for construction of its gigafactory or when output will come online. A state governor in Mexico said on Monday that Tesla and its suppliers would invest USD 15 billion over the… Continue reading Tesla, suppliers to invest USD 15 bln in Mexico factory
Tag: People
Hengli Petrochemical subsidiary eyes nearly USD 2 bn restructuring
The deal is pending approvals from regulatory bodies including China’s securities regulator and anti-monopoly watchdog, Hengli said. Chinese independent refiner and petrochemicals producer Hengli Petrochemical has agreed to restructuring deals worth a total of up to USD 1.89 billion for its subsidiary Kanghui New Material Technology, filings showed on Monday. Under the restructuring, Kanghui will… Continue reading Hengli Petrochemical subsidiary eyes nearly USD 2 bn restructuring
Geotab platform helps save Milk & More over £2 million a year
Using Geotab solutions, Milk & More leveraged near real-time Electric Vehicle (EV) data to help the team actively optimise its fleet LONDON, Sept. 8, 2023 /PRNewswire/ — Geotab Inc, a global leader in connected transportation solutions, has helped Milk & More—the pioneering online grocery and milk delivery leader—to provide real-time data reducing operating costs by… Continue reading Geotab platform helps save Milk & More over £2 million a year
CGTN: How China shares development dividend with world through BRI
BEIJING, Sept. 8, 2023 /PRNewswire/ — Ten years have passed since China proposed the Belt and Road Initiative (BRI), a project aimed at promoting participating countries’ development and global economic growth through cooperation and connectivity. To commemorate BRI’s 10th anniversary and plan high-quality Belt and Road cooperation with all partners, China has decided to hold… Continue reading CGTN: How China shares development dividend with world through BRI
Building a Bridge of Civilization with Mengzi Crossing-the-Bridge Rice Noodles
BEIJING, Sept. 7, 2023 /PRNewswire/ — On the evening of September 7th, “The Orchid Awards Night Linking Different Cultures – Mengzi Style” was held in Beijing. The event was organized by China International Communications Group, with the support of the Orchid Awards Secretariat, China Center for International Communication Development, the People’s Government of Mengzi City, and… Continue reading Building a Bridge of Civilization with Mengzi Crossing-the-Bridge Rice Noodles
TIGER INFRASTRUCTURE PARTNERS EXITING ZENOBĒ, WHICH IT HELPED SCALE TO LEADERSHIP IN BATTERY STORAGE AND ELECTRIC VEHICLE FLEETS, VIA KKR-LED CAPITAL RAISE
NEW YORK and LONDON, Sept. 7, 2023 /PRNewswire/ — Tiger Infrastructure Partners today announced the sale of its interest in London-based portfolio company Zenobē to KKR, a leading global investment firm, and Infracapital, the infrastructure equity investment arm of M&G Plc and a current investor in Zenobē. The transaction marks Tiger’s successful exit from an… Continue reading TIGER INFRASTRUCTURE PARTNERS EXITING ZENOBĒ, WHICH IT HELPED SCALE TO LEADERSHIP IN BATTERY STORAGE AND ELECTRIC VEHICLE FLEETS, VIA KKR-LED CAPITAL RAISE
German Handelsblatt: Auto supplier: Schaeffler increases investment in green steel007679
Steel production It takes a lot of energy to produce steel in a blast furnace. (Photo: dpa) The Herzogenaurach-based automotive and industrial supplier Schaeffler is massively increasing its investments in the green steel start-up H2 Green Steel. Schaeffler gave a further 65 million euros in the latest financing round, the company announced on Monday. The… Continue reading German Handelsblatt: Auto supplier: Schaeffler increases investment in green steel007679
German Handelsblatt: Auto supplier: Schaeffler increases investment in green steel007679
Steel production It takes a lot of energy to produce steel in a blast furnace. (Photo: dpa) The Herzogenaurach-based automotive and industrial supplier Schaeffler is massively increasing its investments in the green steel start-up H2 Green Steel. Schaeffler gave a further 65 million euros in the latest financing round, the company announced on Monday. The… Continue reading German Handelsblatt: Auto supplier: Schaeffler increases investment in green steel007679
Exclusive: Skoda CEO Klaus Zellmer says next phase of investment in India approved, targets 5% share by 2030
Having built a modest base with India 2.0 products, Czech carmaker Skoda Auto is looking to build its presence in both the mainstream and the top end of the market, including electric vehicles. In an exclusive interview to Autocar Professional on the sidelines of the IAA Mobility Show 2023 last week in Munich, Skoda Auto… Continue reading Exclusive: Skoda CEO Klaus Zellmer says next phase of investment in India approved, targets 5% share by 2030
Composition of Kamux’s Shareholders’ Nomination Board
Kamux Corporation, Stock Exchange Release, 11.9.2023 at 16:45 ESPOO, Finland, Sept. 11, 2023 /PRNewswire/ — The shareholders of Kamux Corporation have nominated their representatives for the Shareholders’ Nomination Board for the term 2023-2024. The Shareholders’ Nomination Board consists of four members. The right to nominate the three members representing the shareholders is determined based on ownership in… Continue reading Composition of Kamux’s Shareholders’ Nomination Board