Mitsubishi Motors to build new plant in Bangladesh

TOKYO — Mitsubishi Motors is set to build an auto assembly plant in Bangladesh as part of its expansion in Southeast Asia.  Mitsubishi and state-owned Bangladesh Steel and Engineering Corporation (BSEC) on Thursday signed a memorandum of understanding. The two parties will conduct a feasibility study on business opportunities to determine when to build the plant.… Continue reading Mitsubishi Motors to build new plant in Bangladesh

Global Automotive Actuators Market to Reach $23.1 Billion by 2026

FACTS AT A GLANCE Edition: 4; Released: April 2021 Executive Pool: 603 Companies: 41 – Players covered include Aptiv PLC; BorgWarner, Inc.; Continental AG; Denso Corporation; Hitachi Ltd.; Johnson Electric Holdings Ltd.; Mitsubishi Electric Corporation; Nidec Corporation; Robert Bosch GmbH; Stoneridge, Inc.; Valeo SA; WABCO Holdings Inc. and Others. Coverage: All major geographies and key segments Segments: Vehicle Type (Passenger Cars, Light… Continue reading Global Automotive Actuators Market to Reach $23.1 Billion by 2026

@Daimler: Manish Thakore appointed as Chief Financial Officer (CFO) of Daimler India Commercial Vehicles (DICV)

Manish Thakore will succeed current CFO Leonardo Piccinini, be a key member of Executive Board Mr. Satyakam Arya, Managing Director, and CEO, Daimler India Commercial Vehicles: “We are pleased to welcome Manish Thakore to take up his new role at DICV. His entrepreneurial mindset, rich financial background and digital transformation experience makes him a perfect… Continue reading @Daimler: Manish Thakore appointed as Chief Financial Officer (CFO) of Daimler India Commercial Vehicles (DICV)

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