Mitsubishi Ranks Third Overall in J.D. Power 2021 Initial Quality Study

“The J.D. Power Initial Quality Study provides unparalleled insight into how new vehicle owners feel about their purchase in the critical first few months of ownership,” said Yoichi Yokozawa, president and CEO of Mitsubishi Motors North America, Inc. “We are thrilled to see that our vehicles deliver the quality and value that Mitsubishi Motors customers… Continue reading Mitsubishi Ranks Third Overall in J.D. Power 2021 Initial Quality Study

Counterbalance Forklift Trucks is predicted to Optimize Productivity & Ensuring Workplace Safety

With hefty investments on new industrial facilities and warehouse distribution centers in emerging countries, especially with the boom of the e-Commerce industry, forklift trucks are poised to become an integral part of intralogistics operations involving material handling activities. Various product advancements such as development of hydrogen-powered fuel cell forklift trucks are also leading to a… Continue reading Counterbalance Forklift Trucks is predicted to Optimize Productivity & Ensuring Workplace Safety

Japanese venture investor Coral Capital raises $128m for third fund

Tokyo-based venture capital firm Coral Capital, formerly known as 500 Startups Japan, announced that it has reached the final close of its latest venture fund at $128 million. The new fund – Coral Capital III – will continue to invest in seed and early-stage companies in Japan. The vehicle, which will have a longer life,… Continue reading Japanese venture investor Coral Capital raises $128m for third fund

Asia Digest: Korea’s Urbanbase bags $11.1m; Australia’s Relectrify raises funds …

Korea’s Urbanbase, which develops VR and AR tools used in interior planning and design, has raised $11.1 million of fresh funds, while Australia’s Relectrify has raised a growth investment round. Urbanbase bags Series B+ funding Seoul-based Urbanbase, which develops 3D spatial tools, has landed $11.1 million in a Series B+ funding round led by new investor… Continue reading Asia Digest: Korea’s Urbanbase bags $11.1m; Australia’s Relectrify raises funds …

EV startup Rivian files for IPO, seeks about $80 billion valuation

Rivian Automotive Inc., the maker of electric pickups backed by Amazon.com Inc., has filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter. The Irvine, California-based startup said in a statement Friday that it submitted its S-1 registration to the Securities and Exchange Commission,… Continue reading EV startup Rivian files for IPO, seeks about $80 billion valuation

Nissan to launch new all-electric minicar in Japan

Nissan Motor Co has announced that it plans to start sales of an all-new, all-electric mini-vehicle in Japan in early FY2022. The EV is part of a joint project with Mitsubishi Motors Corporation and is being planned and developed by NMKV Co. NMKV is a 50/50 joint venture between the two companies engaged in product… Continue reading Nissan to launch new all-electric minicar in Japan

@Renault: Board of management000277

About us Renault Group is at the forefront of a mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, the Group comprises 5 complementary brands – Renault, Dacia, LADA, Alpine and Mobilize – offering sustainable and innovative mobility solutions to its customers. Discover the… Continue reading @Renault: Board of management000277

Electric Power Steering Market worth $32.2 billion by 2026 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 25, 2021 /PRNewswire/ — According to the new market research report “Electric Power Steering Market By Component, Type (Ceps, Peps, Reps), Mechanism (Collapsible, Rigid), Motor Type, Application, Off-Highway (Construction, Agricultural), EV (BEV, PHEV, HEV), EV Gear Type, And Region”, published by MarketsandMarkets™, the global Electric Power Steering Market is projected to grow at a… Continue reading Electric Power Steering Market worth $32.2 billion by 2026 – Exclusive Report by MarketsandMarkets™

Upstream Security Raises $62M in Series C Financing Round

HERZLIYA, Israel, Aug. 24, 2021 /PRNewswire/ — Upstream Security, the leader in automotive cybersecurity and data analytics for connected vehicles, announced today it successfully closed a $62 million investment as part of round C funding, thereby completing a total of $105 million investment since its founding. This latest investment, which was led by Mitsui Sumitomo Insurance… Continue reading Upstream Security Raises $62M in Series C Financing Round

The Great Reboot · 7:58 AM UTCDelta blow knocks wind out of Asia’s economic recoveryAsia’s robust economic recovery from last year’s coronavirus low i…

General view inside the Pondok Indah shopping mall as the Indonesian capital reopens its shopping malls with a new policy requiring shoppers to show a coronavirus disease (COVID-19) vaccination certificate, in Jakarta, Indonesia, August 13, 2021. REUTERS/Ajeng Dinar Ulfiana Delta variant, slow vaccination catch much of region off-guard Asia q/q profit likely 1st fall in… Continue reading The Great Reboot · 7:58 AM UTCDelta blow knocks wind out of Asia’s economic recoveryAsia’s robust economic recovery from last year’s coronavirus low i…