DUBLIN, March 31, 2023 /PRNewswire/ — The “Electric Vehicle Testing, Inspection, and Certification Market – A Global and Regional Analysis: Focus on Application, Product, and Country-Level Analysis – Analysis and Forecast, 2022-2031” report has been added to ResearchAndMarkets.com’s offering. The electric vehicle testing, inspection, and certification market is projected to reach $4,038.2 million by 2031… Continue reading Global Electric Vehicle Testing, Inspection, and Certification Markets, 2022-2031: Emerging Opportunities as Countries Mandate Periodic Technical Inspections (PTI) of Electric Vehicles
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Chinese companies scramble for US listings ahead of new rulesSeven Chinese firms have launched public offerings in March to raise a combined $82m.
The number of U.S. IPOs by Chinese firms jumped in March, as some of them rushed to set up offshore listings before rules take effect that will complicate the process, though with markets jittery, several met with a tepid response. Seven Chinese firms including Chanson International and Hongli Group have launched public offerings in March to raise a combined $82.3 million, compared with just four… Continue reading Chinese companies scramble for US listings ahead of new rulesSeven Chinese firms have launched public offerings in March to raise a combined $82m.
Consortium led by TPG’s The Rise Fund, Hong Leong Group completes IMU acquisitionThe transaction, according to the filing, was completed for about $31…
A consortium jointly led by TPG’s The Rise Fund and conglomerate Hong Leong Group has completed the acquisition of Kuala Lumpur’s International Medical University (IMU), according to a Bursa Malaysia filing on Friday. Malaysia’s Ministry of Higher Education had earlier this month given its nod for the transaction. The transaction, according to the filing, was… Continue reading Consortium led by TPG’s The Rise Fund, Hong Leong Group completes IMU acquisitionThe transaction, according to the filing, was completed for about $31…
Google-backed Dunzo said to near fresh funding of $50m
Hyperlocal delivery startup Dunzo is in late-stage discussions to secure about $50 million in a new financing round, TechCrunch reported on Friday, citing two sources familiar with the matter. Dunzo’s fundraising talks come as the company actively carves out expansion plans in the rapidly growing quick commerce space. Earlier this year, The Economic Times reported… Continue reading Google-backed Dunzo said to near fresh funding of $50m
Asia M&As drop to decade low as tumultuous backdrop deters dealmaking
Mergers and acquisitions (M&A) in the Asia-Pacific region fell to a decade low in the first three months of this year as a tumultuous geopolitical and macroeconomic environment left dealmakers cautious. The value of deals involving Asian companies totalled $176 billion in the first quarter of 2023, 34% less than in the same period of… Continue reading Asia M&As drop to decade low as tumultuous backdrop deters dealmaking
Alibaba’s split-up plan clouds fate of prized unit
Alibaba‘s six-way breakup plan has raised questions about the long-term shape of its profitable cloud unit, given that it will have to tackle heavy regulatory scrutiny at a time when competition is intensifying both in China and abroad. While a split into a standalone unit will give investors a chance to make focused bets on a business estimated by analysts to… Continue reading Alibaba’s split-up plan clouds fate of prized unit
Eaton and Sunverge Expand Strategic Collaboration To Help Utilities Manage Residential EV Charging Infrastructure
PITTSBURGH, PA / ACCESSWIRE / March 30, 2023 / Intelligent power management company Eaton and Sunverge, the provider of an industry-leading distributed energy resource (DER) control, orchestration and aggregation platform, announced expanded collaboration to enable dynamic utility management of home electric vehicle (EV) charging infrastructure. Bringing together Eaton’s innovative EV charging solutions with Sunverge’s advanced,… Continue reading Eaton and Sunverge Expand Strategic Collaboration To Help Utilities Manage Residential EV Charging Infrastructure
French car parts maker Faurecia opens $147 mln plant in Mexico
MEXICO CITY, March 30 (Reuters) – French car parts maker Faurecia opened a $147 million plant in Mexico to make car seats and interiors, the company said on Thursday, the latest in a string of auto sector investments driving the country’s so-called “nearshoring” boom. Faurecia said it expects the plant in the northern border state… Continue reading French car parts maker Faurecia opens $147 mln plant in Mexico
RENATUS ROBOTICS launches real-world asset blockchain network “RENATUS NETWORK” to expand the automated warehouse economy
LEWES, Del., March 31, 2023 /PRNewswire/ — RENATUS ROBOTICS builds automated warehouse solutions worldwide for e-commerce and related industries where logistics is essential to operation and growth. RENATUS automated robot warehouse system distinguishes itself from the competition by combining state-of-the-art hardware, software, and algorithms to achieve world-firsts, reduce labor burden on workers, and unlock unparalleled… Continue reading RENATUS ROBOTICS launches real-world asset blockchain network “RENATUS NETWORK” to expand the automated warehouse economy
Royal Oak Is Raising $1 Million to Support Britain’s National Trust in Restoring the Grandeur and Elegance of the Bath Assembly Rooms
NEW YORK, March 31, 2023 /PRNewswire/ — Bath, one of the most beautiful cities in England, has been a UNESCO World Heritage Site since 1987—the only entire city in Britain to hold such a title. More recently, in 2021, it joined 10 other major European spa towns named, “The Great Spas of Europe“—towns that bear… Continue reading Royal Oak Is Raising $1 Million to Support Britain’s National Trust in Restoring the Grandeur and Elegance of the Bath Assembly Rooms