Indonesia relaxes tax rules on EV imports to attract investment

The new regulations also delayed a deadline requiring companies to produce at least 40% of the content of EVs in Indonesia until 2026 from 2023. Indonesia will grant automakers that plan to build electric vehicle plants tax incentives on their imports of completely built-up EVs until 2025, a new presidential regulation showed as Jakarta seeks… Continue reading Indonesia relaxes tax rules on EV imports to attract investment

Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report

Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report

Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report

Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report

Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report

Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report

Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report

Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report

@Renault: Renault Group sold 211,000,000 Nissan shares for €764 million000563

Press ReleaseDecember 13, 2023     Renault Group sold 211,000,000 Nissan shares for €764 million Boulogne-Billancourt, December 13th, 2023 – Following the New Alliance Agreement signed on November 8, 2023 with Nissan, Renault Group has started to monetize the 28.4% of Nissan shares that were transferred by Renault Group into a French trust. Renault Group announces… Continue reading @Renault: Renault Group sold 211,000,000 Nissan shares for €764 million000563

@Renault: Renault Group a cédé 211 000 000 actions Nissan pour 764 millions d’euros000562

Communiqué de presse13 décembre 2023     Renault Group a cédé 211 000 000 actions Nissan pour 764 millions d’euros Boulogne-Billancourt, 13 décembre 2023 – Consécutivement au Nouvel Accord de l’Alliance signé le 8 novembre 2023 avec Nissan, Renault Group a commencé la monétisation des 28,4 % d’actions transférées par Renault Group dans une fiducie française. Renault… Continue reading @Renault: Renault Group a cédé 211 000 000 actions Nissan pour 764 millions d’euros000562

Currents Launches Marketplace to Support OEMs and Maximize Second-Life Battery Repurposing

Currents launched their marketplace with battery inventory eligible for a second-life, and one of the first users of the platform is Nissan North America. PORTLAND, Ore., Dec. 12, 2023 /PRNewswire-PRWeb/ — Currents has officially launched their marketplace with battery inventory eligible… Go to Source

18th Brazil Car Rental Forum Marks Historic Industry High

The International Forum of the Vehicle Rental Sector hosted by ABLA drew 1,500 attendees, up from 1,200 last year. Photo: ABLA For the first time, the Brazilian car rental sector’s annual trade event and conference on Nov. 21-22 featured simultaneous sessions in two auditoriums and occupied an 8,600 square foot area with nearly 40 exhibitors.… Continue reading 18th Brazil Car Rental Forum Marks Historic Industry High

Currents Launches Marketplace to Support OEMs and Maximize Second-Life Battery Repurposing

Currents launched their marketplace with battery inventory eligible for a second-life, and one of the first users of the platform is Nissan North America. PORTLAND, Ore., Dec. 12, 2023 /PRNewswire-PRWeb/ — Currents has officially launched their marketplace with battery inventory eligible… Go to Source