Abhishek Poddar said, “We’re pleased to have closed this $405 million fundraising for Vertelo, MAM’s largest investment commitment in the electric vehicle space in Asia.” Macquarie Asset Management, leading infrastructure asset manager, raised $405 million for Vertelo, a fleet electrification solutions platform in India. The funding includes $205 million from institutional investors, and $200 million… Continue reading Macquarie raises $405 mn for Indian EV platform Vertelo
Tag: Volvo
LiDAR Simulation Market worth $4.01 billion by 2032 | MarketsandMarkets
DELRAY BEACH, Fla., Aug. 19, 2025 /PRNewswire/ — The global LiDAR simulation market is projected to reach USD 4.01 billion by 2032, growing from USD 0.93 billion in 2025 at a CAGR of 23.1%, according to a new report by MarketsandMarkets. Rapid advancements in autonomous driving technologies are driving strong demand for automotive LiDAR simulation, a critical… Continue reading LiDAR Simulation Market worth $4.01 billion by 2032 | MarketsandMarkets
German FAZ: Daimler Trucks with the fuel cell009822
Electricity instead of diesel – the electrification of truck traffic on the street is a challenge for commercial vehicle manufacturers. The pressure of success is correspondingly high. But the manufacturer Daimler Truck is now dampening the hopes of a quick series production of hydrogen-powered trucks. A statement by Daimler-Truck development chief Andreas Gorbach On the… Continue reading German FAZ: Daimler Trucks with the fuel cell009822
£30,850 BYD Atto 2 to go after Volvo EX30
BYD will launch the Atto 2 crossover in the UK next month, priced from £30,850. Available to order now, it plugs the gap between the Dolphin hatch and Atto 3 SUV to give BYD a footing in the competitive electric crossover segment. Its starting price places it in the crosshairs of the Jeep Avenger and… Continue reading £30,850 BYD Atto 2 to go after Volvo EX30
July 2025 new car pre-registration figures
SMMT released figures for July pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in July 2025 that were defined as pre-registrations. The Supply of New Cars Order 2000 requires motor manufacturers to publish the number of pre-registered cars supplied and the gross income received… Continue reading July 2025 new car pre-registration figures
BYD Atto 2 to go after Volvo EX30 at £30,850
BYD will launch the Atto 2 crossover in the UK next month, priced from £30,850. Available to order now, it plugs the gap between the Dolphin hatch and Atto 3 SUV to give BYD a footing in the competitive electric crossover segment. Its starting price places it in the crosshairs of the Jeep Avenger and… Continue reading BYD Atto 2 to go after Volvo EX30 at £30,850
2025 Lexus NX 350h SUV launched at Rs 68.02 lakh
Lexus India has introduced the updated NX 350h SUV. Bookings for the 2025 Lexus NX 350h commence today. Prices remain unchanged as before, starting from Rs 68.02 lakh for the entry-level Exquisite variant going upto Rs 74.98 lakh for the F-Sport. The Lexus NX’s rivals in India include the Audi Q5, Volvo XC60, the… Continue reading 2025 Lexus NX 350h SUV launched at Rs 68.02 lakh
Autocar Professional’s Aug 15, 2025 Edition is out!
In this edition, Autocar Professional examines Tata Motors’ bold global move— the €3.8 billion acquisition of Iveco Group’s core business. The cover story explores the strategic logic, financial structure, and integration challenges of the deal, positioning it as a defining moment in Tata’s bid to join the top ranks of global commercial vehicle players. The… Continue reading Autocar Professional’s Aug 15, 2025 Edition is out!
Schmitz Cargobull Takes Stake in Sub Zero to Strengthen Cold Chain Presence in India
Schmitz Cargobull AG, a leading European manufacturer of semi-trailers, has acquired a 27.5% equity stake in Sub Zero Insulation Technologies (SZIT), a prominent Indian producer of refrigerated and dry freight truck bodies. The agreement includes an option for Schmitz Cargobull to increase its ownership in the coming years, marking a strategic move to expand its… Continue reading Schmitz Cargobull Takes Stake in Sub Zero to Strengthen Cold Chain Presence in India
LiDAR Simulation Market worth $4.01 billion by 2032 | MarketsandMarkets
DELRAY BEACH, Fla., Aug. 19, 2025 /PRNewswire/ — The global LiDAR simulation market is projected to reach USD 4.01 billion by 2032, growing from USD 0.93 billion in 2025 at a CAGR of 23.1%, according to a new report by MarketsandMarkets. Rapid advancements in autonomous driving technologies are driving strong demand for automotive LiDAR simulation, a critical… Continue reading LiDAR Simulation Market worth $4.01 billion by 2032 | MarketsandMarkets