Shared electric mobility-as-a-service (MaaS) startup Yulu has secured a loan worth $9 million (Rs 73 crore) from the US International Development Finance Corporation (DFC), it announced on Monday. The funds will help Yulu move closer to its vision of enabling green last-mile mobility for people movement and goods deliveries, it said in a statement. Go… Continue reading DFC invests $9m in EV startup Yulu and India deals worth $104mYulu last raised $82m in a Series B round led by Magna International in September.
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Yulu gets $9 million green loan nod from US government arm
Bajaj Auto-backed e-bike rental start-up Yulu Bikes said that the US government’s International Development Finance Corporation (DFC) has approved a green loan of $9 million (around Rs 73 crore). The institution’s nod comes as part of its fundraising push to accelerate the Bengaluru-based company’s last-mile mobility growth plans. “The process of the approval to disbursement… Continue reading Yulu gets $9 million green loan nod from US government arm
Yulu gets $9 million green loan nod from US government arm
Bajaj Auto-backed e-bike rental start-up Yulu Bikes said that the US government’s International Development Finance Corporation (DFC) has approved a green loan of $9 million (around Rs 73 crore). The institution’s nod comes as part of its fundraising push to accelerate the Bengaluru-based company’s last-mile mobility growth plans. “The process of the approval to disbursement… Continue reading Yulu gets $9 million green loan nod from US government arm
iST, the first Asia laboratory to join the Automotive Electronics Council (AEC) as an Associate Member
TAIPEI, Nov. 14, 2022 /PRNewswire/ — Integrated Service Technology Inc. (iST) announced today that after going through tedious multiple reviews, the Automotive Electronics Council (AEC) – the highest level of global automotive electronics qualification association – has recently officially recognized iST as one of its Associate Member. There are only 93 firms in the world,… Continue reading iST, the first Asia laboratory to join the Automotive Electronics Council (AEC) as an Associate Member
iST, the first Asia laboratory to join the Automotive Electronics Council (AEC) as an Associate Member
TAIPEI, Nov. 14, 2022 /PRNewswire/ — Integrated Service Technology Inc. (iST) announced today that after going through tedious multiple reviews, the Automotive Electronics Council (AEC) – the highest level of global automotive electronics qualification association – has recently officially recognized iST as one of its Associate Member. There are only 93 firms in the world,… Continue reading iST, the first Asia laboratory to join the Automotive Electronics Council (AEC) as an Associate Member
iST, the first Asia laboratory to join the Automotive Electronics Council (AEC) as an Associate Member
TAIPEI, Nov. 14, 2022 /PRNewswire/ — Integrated Service Technology Inc. (iST) announced today that after going through tedious multiple reviews, the Automotive Electronics Council (AEC) – the highest level of global automotive electronics qualification association – has recently officially recognized iST as one of its Associate Member. There are only 93 firms in the world,… Continue reading iST, the first Asia laboratory to join the Automotive Electronics Council (AEC) as an Associate Member
Dividend Investors: Don’t Be Too Quick To Buy Magna International Inc. (TSE:MG) For Its Upcoming Dividend
Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Magna International Inc. (TSE:MG) is about to go ex-dividend in just four days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders… Continue reading Dividend Investors: Don’t Be Too Quick To Buy Magna International Inc. (TSE:MG) For Its Upcoming Dividend
Turkiye’s first-ever EV rolls out ahead of launch in 2023
Togg, Turkiye’s automobile initiative group comprising five Turkish industry giants, is preparing for the official launch of the country’s first-ever home-bred automobile – a battery electric vehicle. The country’s first native vehicle, an all-electric SUV, rolled off the production line following the inauguration of the Togg Technology Campus on October 29, the Republic Day of… Continue reading Turkiye’s first-ever EV rolls out ahead of launch in 2023
Turkiye’s first-ever EV rolls out ahead of launch in 2023
Togg, Turkiye’s automobile initiative group comprising five Turkish industry giants, is preparing for the official launch of the country’s first-ever home-bred automobile – a battery electric vehicle. The country’s first native vehicle, an all-electric SUV, rolled off the production line following the inauguration of the Togg Technology Campus on October 29, the Republic Day of… Continue reading Turkiye’s first-ever EV rolls out ahead of launch in 2023
Innoviz Technologies to Host a 3-Day Global Distributor Summit and Expand LiDAR Sales for Non-Automotive Markets
InnovizOne is Innoviz’s first high-end automotive LiDAR and has won the Company two design wins for series production which are nearing their launch. InnovizOne is currently produced on two parallel production lines in two different sites. The first is the production line in Holly, MI, which is owned by Magna and is serving the BMW… Continue reading Innoviz Technologies to Host a 3-Day Global Distributor Summit and Expand LiDAR Sales for Non-Automotive Markets