EnjoyElec bags funds and 44 more deals from Greater China worth over $1.1bPorsche Ventures has injected capital into Chinese energy tech firm EnjoyEle…

Porsche Ventures, the venture capital unit of luxury car maker Porsche, has injected an undisclosed sum into Chinese energy tech firm EnjoyElec via a strategic financing round.   Founded in 2015, EnjoyElec, also known as PowerShare, is a virtual power plant (VPP) solutions provider with battery AI technology at its core. VPP is a decentralised network… Continue reading EnjoyElec bags funds and 44 more deals from Greater China worth over $1.1bPorsche Ventures has injected capital into Chinese energy tech firm EnjoyEle…

Dealer Auction reveals cars with biggest margins for dealers

The Mazda CX-5 was the fastest selling model in Dealer Auction’s top 10 profit achievers for May, taking just 23 days to shift off forecourts. Dealer Auction has added two new metrics to its Retail Margin Monitor to help dealers identify the most profitable forecourt stock. The digital platform has included ‘Average Auto Trader days… Continue reading Dealer Auction reveals cars with biggest margins for dealers

Standard Motor Products Releases 156 New Part Numbers in June

NEW YORK, June 21, 2023 /PRNewswire/ — Standard Motor Products, Inc. (SMP®) has released 156 new part numbers in its June new number announcement. This most recent release provides new coverage in 61 different product categories, and 43 part numbers for 2022 and 2023 model-year vehicles. Continue Reading SMP’s latest release includes new coverage in… Continue reading Standard Motor Products Releases 156 New Part Numbers in June

Carlos Ghosn sues Nissan for $1bn in Lebanon

BEIRUT (Reuters) — Carlos Ghosn said on Tuesday he will fight “to the end” in a $1 billion lawsuit the former Nissan chairman has brought against the Japanese carmaker, marking his first such challenge. Ghosn’s lawsuit, which he filed in Lebanon and a copy of which was seen by Reuters, includes allegations of defamation, slander,… Continue reading Carlos Ghosn sues Nissan for $1bn in Lebanon

Carlos Ghosn sues Nissan for $1bn in Lebanon

BEIRUT (Reuters) — Carlos Ghosn said on Tuesday he will fight “to the end” in a $1 billion lawsuit the former Nissan chairman has brought against the Japanese carmaker, marking his first such challenge. Ghosn’s lawsuit, which he filed in Lebanon and a copy of which was seen by Reuters, includes allegations of defamation, slander,… Continue reading Carlos Ghosn sues Nissan for $1bn in Lebanon

Three Technology-Based Trends That Will Transform The Autonomous Cars Market In The Forecast Period – By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, June 19, 2023 /PRNewswire/ — As per the business research company’s Autonomous Cars Global Market Report 2023, the global autonomous cars market size will grow from $931.3 billion in 2022 to… Continue reading Three Technology-Based Trends That Will Transform The Autonomous Cars Market In The Forecast Period – By The Business Research Company

@Nissan: ‘Highly capable’ Nissan X-Trail picks up coveted accolade at 2023 Tow Car Awards 001083

2023/06/21 Rickmansworth UK – The new Nissan X-Trail e-4orce with e-POWER has picked up a prestigious accolade at the 2023 Tow Car Awards, run by What Car? in partnership with the Camping and Caravanning Club. Since 2007, the two organisations have worked together to identify the top new cars best suited to the unique demands… Continue reading @Nissan: ‘Highly capable’ Nissan X-Trail picks up coveted accolade at 2023 Tow Car Awards 001083

Three Technology-Based Trends That Will Transform The Autonomous Cars Market In The Forecast Period – By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, June 19, 2023 /PRNewswire/ — As per the business research company’s Autonomous Cars Global Market Report 2023, the global autonomous cars market size will grow from $931.3 billion in 2022 to… Continue reading Three Technology-Based Trends That Will Transform The Autonomous Cars Market In The Forecast Period – By The Business Research Company

EV maker Rivian to adopt Tesla’s charging standard

Updated On Jun 21, 2023 at 07:40 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Tesla’s Superchargers account for about 60% of the total fast chargers available in the United States, according to the U.S. Department of Energy. Electric vehicle maker Rivian said on Tuesday it has agreed to adopt Tesla’s… Continue reading EV maker Rivian to adopt Tesla’s charging standard

Sharrow Marine Closes $30+ M in Debt and Equity Financings

Sharrow Marine, a Detroit, MI-based subsidiary of Sharrow Engineering LLC, a manufacturer of propellers for boats and ships, raised $30+M in Debt and Equity financings. This round was led by the family offices of John H. McFadden, Esq. and David Dolby, director of Dolby Laboratories and CEO of Dolby Family Ventures. The company intends to… Continue reading Sharrow Marine Closes $30+ M in Debt and Equity Financings