Thailand’s state utility PTT’s arm invests USD 233 million in Avaada Energy

“This fundraising has increased the market’s confidence in Avaada’s ability to execute and we are confident that we should be able to exceed our target of 11 GW of solar capacity by 2026,” he said. New Delhi: Global Power Synergy Public Company Limited (GPSC), part of Thailand state utility PTT, on Wednesday said that it… Continue reading Thailand’s state utility PTT’s arm invests USD 233 million in Avaada Energy

Imerys, British Lithium partner to accelerate development of UK’s largest lithium deposit

That would be enough to supply some 500,000 EVs, or two-thirds of the UK’s estimated EV battery demand by 2030, it said. French minerals group Imerys on Thursday unveiled plans to mine lithium in the UK, a second lithium project for the firm that it expects to make it Europe‘s top producer of the metal… Continue reading Imerys, British Lithium partner to accelerate development of UK’s largest lithium deposit

Why leasing a car makes more than just financial sense

The Indian car market is now the third largest globally. Car leasing and subscription model in India is just gaining acceptability among the masses. Vehicle leasing can be the perfect mobility solution in our country where car ownership is very low compared to many other markets. The value proposition of leasing a car goes beyond… Continue reading Why leasing a car makes more than just financial sense

Tata Power and Ayodhya Development Authority join forces to drive e-mobility in Ayodhya

Tata Power has collaborated with the Ayodhya Development Authority to set up EV charging points in public parking locations across the city. Under this collaboration, Tata Power proposes to install EV charging points at key locations accessible to the public to provide convenient and accessible charging facilities for EV users. Vice Chairman of Ayodhya Development Authority… Continue reading Tata Power and Ayodhya Development Authority join forces to drive e-mobility in Ayodhya

@Renault: Renault Group upgrades its 2023 financial outlook000511

Press ReleaseJune 29, 2023 Renault Group upgrades its 2023 financial outlook Link to the conference call at 8:00am today (CEST) Given the current level of performance of the Group, which is above initial expectations, Renault Group upgrades its financial outlook for the full year 2023 and expects:  a Group operating margin between 7% and 8% (versus… Continue reading @Renault: Renault Group upgrades its 2023 financial outlook000511

@BMW: Celebrating 50 years: BMW Group announces electrification of Plant Rosslyn, South Africa002817

South African plant as a blueprint for social, environmental and economic sustainability BMW Group invests 4.2 bn rand (over 200 million euros) in electrification of Plant Rosslyn Nedeljković: “From 2024 the next-generation BMW X3 will be made in South Africa as a plug-in hybrid for global export.” 1.5 million euros to be donated to UNICEF… Continue reading @BMW: Celebrating 50 years: BMW Group announces electrification of Plant Rosslyn, South Africa002817

Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

Accredited to provide trusted solutions for financial and supply chain planning across financial services and tech, media, and telecoms (TMT) sectors; accreditations for other industries and functions are expected soon. LONDON, June 28, 2023 /PRNewswire/ — Vuealta, a global leader in the design and delivery of powerful scenario planning and forecasting software solutions based on… Continue reading Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

GMF CAPITAL ACQUIRES MOTORSPORT NETWORK MEDIA LLC

GMF Media to have Controlling Majority Stake in the World’s Largest Motorsport Racing and Automotive Digital Platform NEW YORK, June 28, 2023 /PRNewswire/ — GMF Capital (GMF), the family office for Gary Fegel and a leading private investment firm, today announced it has completed the acquisition of Motorsport Network Media LLC (MSNM), a global digital… Continue reading GMF CAPITAL ACQUIRES MOTORSPORT NETWORK MEDIA LLC

Neta Auto Chairman: NEVs to serve as digital mobile terminals

BANGKOK, June 28, 2023 /PRNewswire/ — The 16th World Chinese Entrepreneurs Convention was inaugurated in Thailand on June 25, bringing together over 3,000 Chinese entrepreneurs from all over the world. Fang Yunzhou, founder and chairman of Neta Auto, was invited to the event as a Chinese NEV entrepreneur representative, who delivered a speech entitled “New Energy… Continue reading Neta Auto Chairman: NEVs to serve as digital mobile terminals

Electric Commercial Vehicle Market worth 2,155.1 thousand units by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, June 28, 2023 /PRNewswire/ — Electric Commercial Vehicle Market size is projected to grow from 519.4 thousand units in 2023 to 2,155.1 thousand units by 2030, at a CAGR of 22.5%, according to a new report by MarketsandMarkets™. Factors such as growing demand zero emissions commuting and governments supporting low emission vehicles through subsidies & tax… Continue reading Electric Commercial Vehicle Market worth 2,155.1 thousand units by 2030 – Exclusive Report by MarketsandMarkets™