AP Acquisition Corp, a SPAC with a focus on decarbonisation and the renewable energy sector, is looking to raise about $150 million in an initial public offering (IPO) on the New York Stock Exchange (NYSE), the company said in a statement. SPACs are blank cheque companies that raise capital solely to acquire private entities with… Continue reading Renewable energy-focused SPAC AP Acquisition prices $150m IPO in New York
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Mahindra Cero to set up four more scrappage units in Maharashtra
Mahindra Cero, the vehicle scrappage JV (Mahindra MSTC Recycling) of the Mahindra Group, is set to expand its operations. The company has inked an MoU with the government of Maharashtra through the Industries, Energy and Labour Department to set up additional world-class vehicle scrapping centres in Maharashtra. The proposed scrappage centres will have the capacity… Continue reading Mahindra Cero to set up four more scrappage units in Maharashtra
Japan’s top business lobbyist backs Myanmar coup, urges investment
A Japanese former politician who campaigned to bring billions of dollars of investment from some of Japan’s top companies to Myanmar has urged Japan to endorse its military regime, saying the nation’s coup leader has “grown fantastically as a human being,” while praising his “democratisation efforts.” The 87-year-old former cabinet minister, Hideo Watanabe, is also pursuing a $42-million shopping… Continue reading Japan’s top business lobbyist backs Myanmar coup, urges investment
Top 10 fuel-efficient petrol cars in India
While car owners in India have seen some respite in petrol rates – with the November 4 excise duty cut by the Centre and some states and prices remaining stable – a price hike in the future cannot be ruled out. So, having a fuel-efficient car can help you save that little bit more on… Continue reading Top 10 fuel-efficient petrol cars in India
Creta sells 80,476 units in April-November but Ertiga, Brezza closing in fast
Top 5 UVs (356,717 units) contributed 41% to total UV sales of 870,894 units (April-November 2021). Ertiga Just 6,550 units behind leader Creta and Brezza 7,527 units behind. When the top five models in a specific vehicle sub-segment account for 41% of total sales and also for nearly 20% of total passenger vehicles sales in… Continue reading Creta sells 80,476 units in April-November but Ertiga, Brezza closing in fast
Global Off-Road Vehicles Market Procurement Intelligence Report with Top Spending Regions and Market Price Trends| SpendEdge
NEW YORK, Dec. 18, 2021 /PRNewswire/ — The Off-Road Vehicles market will register an incremental spend of about USD 5,490.51 Million, growing at a CAGR of 5.81% during the five-year forecast period. A targeted strategic approach to Off-Road Vehicles can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the… Continue reading Global Off-Road Vehicles Market Procurement Intelligence Report with Top Spending Regions and Market Price Trends| SpendEdge
India to see 70 vehicle scrappage centres by 2026
With the government announcing the Vehicle Scrappage Policy earlier this year, there is new momentum in this field and Maharashtra too is mulling its own scacppage policy. As is known, the Mahindra Group has the first-mover advantage with its Cero Recycling which began vehicle scrappage and recycling operations a few years ago. On November 23, 2021, Maruti Suzuki… Continue reading India to see 70 vehicle scrappage centres by 2026
Tata Motors and Maharashtra to set up scrapping facility
Tata Motors, India’s largest commercial vehicle manufacturer, today signed an MoU with the Government of Maharashtra, through the Industries, Energy and Labour Department, Government of Maharashtra, with an intent to support setting up a Registered Vehicle Scrapping Facility (RVSF) in Maharashtra. The MoU was signed at the Conference on Investment Opportunities in Highway, Transport and Logistics in… Continue reading Tata Motors and Maharashtra to set up scrapping facility
Hyundai Motor India’s SS Kim to return to Korea, Unsoo Kim to take charge
There is change at the helm of Hyundai Motor India, the country No. 2 passenger vehicle manufacturer. The Korean carmaker today announced the appointment of Unsoo Kim as its new Managing Director from January 1, 2022. S S Kim, the current Managing Director, has been elevated to a global role at Hyundai Motor Company headquarters… Continue reading Hyundai Motor India’s SS Kim to return to Korea, Unsoo Kim to take charge
Bangladesh, Sri Lanka, Nepal and Bhutan Automotive Industry Outlook to 2025-Increase in Consumer Spending Albeit Import Restrictions in the Economy will drive Growth of Automotive Sector: Ken Research
GURUGRAM, India, Dec. 14, 2021 /PRNewswire/ — Nepal News Key Findings Bagmati and Lumbini are the leading regions in Nepal representing lion’s share of sales in Automotive Industry. In 2019, the country was hit with a nationwide lockdown due to COVID and this was implemented in the peak sales season. Trends driving the Automotive Industry… Continue reading Bangladesh, Sri Lanka, Nepal and Bhutan Automotive Industry Outlook to 2025-Increase in Consumer Spending Albeit Import Restrictions in the Economy will drive Growth of Automotive Sector: Ken Research