Xiaomi has invested in auto electronics maker Atech Automotive, in the Chinese smartphone maker’s latest bet on the country’s auto industry after venturing into electric vehicle (EV) production last year. Atech Automotive, a nearly-two-decade-old Chinese manufacturer of auto electronics used in intelligent and autonomous driving vehicles, announced on Tuesday the completion of its Series C… Continue reading Xiaomi backs Chinese auto electronics maker Atech’s $69m Series C roundThe deal marks Xiaomi’s latest investment in the auto sector.
Tag: Mobility
Grab digibank senior exec Reuban Lai said to be leaving
Reuben Lai, the executive director of GXS Bank — the digital banking joint venture of Grab Holdings and Singapore Telecommunications (Singtel) — is said to be leaving the company at the end of this year. He is, however, said to remain a director on the board of GXS’ digital bank in Malaysia. DealStreetAsia has reached… Continue reading Grab digibank senior exec Reuban Lai said to be leaving
DecisionPoint Systems to Present at The Sidoti November Virtual MicroCap Conference
DELRAY BEACH, Fla., Nov. 8, 2022 /PRNewswire/ — DecisionPoint Systems, Inc. (NYSE American: DPSI), a mobility-first enterprise services and solutions company, today announced Steve Smith, CEO, will be presenting at The Sidoti Virtual MicroCapConference. Presentation Date: Thursday, November 10, 2022 Presentation Time: 11:30 a.m. ET Webcast: https://sidoti.zoom.us/webinar/register/WN_ecsH49CbQBy6lpjVDsv3vg 1:1 Meetings: Wednesday and Thursday, November 9 and 10, 2022 [email protected] About… Continue reading DecisionPoint Systems to Present at The Sidoti November Virtual MicroCap Conference
Ideanomics’ subsidiary Energica shows 2023 product lineup, provides an update on services and strategy at the Milan Motorcycle Exhibition
NEW YORK, Nov. 8, 2022 /PRNewswire/ — Ideanomics(Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary Energica will present its 2023 range of products, totaling ten motorcycles, at EICMA. Energica CEO Livia Cevolini and other Energica executives will be in attendance, sharing more information… Continue reading Ideanomics’ subsidiary Energica shows 2023 product lineup, provides an update on services and strategy at the Milan Motorcycle Exhibition
Ideanomics’ subsidiary Energica shows 2023 product lineup, provides an update on services and strategy at the Milan Motorcycle Exhibition
NEW YORK, Nov. 8, 2022 /PRNewswire/ — Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary Energica will present its 2023 range of products, totaling ten motorcycles, at EICMA. Energica CEO Livia Cevolini and other Energica executives will be in attendance, sharing more information… Continue reading Ideanomics’ subsidiary Energica shows 2023 product lineup, provides an update on services and strategy at the Milan Motorcycle Exhibition
Valmet Automotive to withdraw the planned Initial Public Offering and to continue to explore alternative financing options to support its growth strat…
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL Press release, 1 November 2022, at 12.00 PM EET The… Continue reading Valmet Automotive to withdraw the planned Initial Public Offering and to continue to explore alternative financing options to support its growth strat…
AirPlus and Uber for Business make business travel easier
Driving forward seamless payment: Business travelers get to their destination with Uber for Business and pay securely and compliantly with AirPlus NEU-ISENBURG, Germany and SAN FRANCISCO and WASHINGTON, Nov. 8, 2022 /PRNewswire/ — The corporate payment specialist AirPlus International is pleased to announce that the AirPlus Company Account is now accepted on Uber. For business… Continue reading AirPlus and Uber for Business make business travel easier
Merak Ventures, Huddle launch ClimAct, to support ClimateTech startups in India
ClimateTech funding was 5.5% of total venture funding globally, and in India the number was even lower at 1.5%. New Delhi: Merak Ventures, a sector-agnostic, early-stage venture capital (VC) firm, and Huddle, an accelerator-led fund for India’s early-stage ventures, launched on Tuesday ClimAct, a ClimateTech accelerator programme. The programme aims to accelerate and fund early-stage… Continue reading Merak Ventures, Huddle launch ClimAct, to support ClimateTech startups in India
EV sales growth relative to lower base, adoption still low: Windmill Capital
Monthly unit sales of e2w crossed the 50,000 unit mark for the first time in August 2022, improving further to 68,324 units in October. New Delhi: The sale of electric cars (e4w) surged 268% to 18,142 units in H1FY23 compared to 4,932 units, and electric two-wheelers (e2w) grew 404% to 2,77,910 units from 55,147 units… Continue reading EV sales growth relative to lower base, adoption still low: Windmill Capital
Foxconn ramps up EV push with stake in U.S. truck maker Lordstown
The Taiwanese giant has ramped up investment in EVs and semiconductors in recent years, announcing deals with U.S. startup Fisker Inc and Indian conglomerate Vedanta Ltd. Foxconn, the world’s biggest contract electronics maker, has extended its drive into electric vehicle (EV) business with a deal to take a near-20% stake in loss-making U.S. electric truck… Continue reading Foxconn ramps up EV push with stake in U.S. truck maker Lordstown