This quarter, U.S. operating revenues increased 4x compared to Q2 2020. New locations at various U.S. airports are a large contributor to Sixt’s growth. Photo: Sixt In the second quarter of 2021, Sixt Group’s business performance is on par with the record year of 2019, the company reported in a press announcement. Consolidated earnings before taxes (EBT)… Continue reading Sixt’s Second Quarter Results on Par with Record 2019
Tag: Mobility
Opinion: The mixed matrix of performance evaluation for auto industry;
By Avik Chattopadhyay On May 10, 2021 SEBI issued a circular titled “Business responsibility and sustainability reporting (BRSR) by listed entities”. This is a landmark moment in corporate governance in India and will have far-reaching implications on how businesses conduct themselves, right from investment to consumer protection. The circular says, “Adapting to and mitigating climate… Continue reading Opinion: The mixed matrix of performance evaluation for auto industry;
Tech Talk: Meet the 10kg hydrogen engine
A new, lightweight hydrogen engine concept from Israeli firm Aquarius Engines has been under development since 2014 and is close to maturity. Powered by hydrogen, the Aquarius Two Sided Free Piston Linear Engine (FPLE) is designed to generate electricity for plug-in series hybrids or range-extenders. The tiny engine consists of a mere 20 components, only one of… Continue reading Tech Talk: Meet the 10kg hydrogen engine
Human Horizons and Dow to Partner on World-First Mobility and Transportation Application of Silicone Leather in HiPhi X
As a global leader in silicone leather technology, Dow has found after years of exploration and research that the unique molecular structure of silicone matches the consumer demands for leather in terms of softness, moisture permeability, stability and environmental friendliness. Based on the sophisticated understanding of the silicone technology and in-depth research into the leather… Continue reading Human Horizons and Dow to Partner on World-First Mobility and Transportation Application of Silicone Leather in HiPhi X
SEC gives Chinese companies new requirements for US IPO disclosures
The U.S. Securities and Exchange Commission (SEC) has started to issue new disclosure requirements to Chinese companies seeking to list in New York as part of a push to boost investor awareness of the risks involved, according to a document reviewed by Reuters and people familiar with the matter. Some Chinese companies have now started to… Continue reading SEC gives Chinese companies new requirements for US IPO disclosures
HK-based ESG data firm MioTech raises Series B+ round from GIC, Guotai Junan …
Hong Kong-based AI-driven sustainability data and solutions provider MioTech has raised a Series B+ funding round from Singapore sovereign fund GIC and listed securities company Guotai Junan International. The financial terms of the deal remain undisclosed. MioTech provides environmental, social and governance (ESG) data for financial institutions, as well as technical solutions to help corporations with… Continue reading HK-based ESG data firm MioTech raises Series B+ round from GIC, Guotai Junan …
Tesla (TSLA) rises on market digesting AI Day, primed to ‘tackle world’s hardest problems’
Tesla’s stock (TSLA) is rising significantly today after the market had more time to digest what happened at AI Day. The company is seen as being in the right position to “tackle the world’s hardest problems.” After Tesla held its AI Day, the market didn’t seem really impressed by the progress the company has made… Continue reading Tesla (TSLA) rises on market digesting AI Day, primed to ‘tackle world’s hardest problems’
Michelin to show its ‘démonstrateur 46’ sustainable racing tire at the 2021 Le Mans 24 Hours
Michelin to show its ‘démonstrateur 46’ sustainable racing tire at the 2021 Le Mans 24 Hours Michelin’s ‘démonstrateur 46’ tyre will appear at Le Mans for the first time this year fitted to the fuel-cell-powered Green GT H24 prototype that will perform a parade lap ahead of the race’s start. Revealed earlier this year at… Continue reading Michelin to show its ‘démonstrateur 46’ sustainable racing tire at the 2021 Le Mans 24 Hours
BorgWarner Invests in Enexor BioEnergy, Widens Breadth of Sustainability Business
-Investment supports BorgWarner’s carbon footprint reduction efforts -Complements BorgWarner’s vision of a clean, energy-efficient world -Series A investment of $10 million AUBURN HILLS, Mich., Aug. 23, 2021 /PRNewswire/ — BorgWarner is expanding the breadth of its sustainability business activities by investing in Enexor BioEnergy, LLC, a company that provides on-site, renewable energy and carbon conversion… Continue reading BorgWarner Invests in Enexor BioEnergy, Widens Breadth of Sustainability Business
Ample raises $160 million on the promise of battery swapping
Battery swapping has long been a dream solution for the infrastructure problem standing in the way of wide electric vehicle adoption. Tesla famously tried but then abandoned the idea half a decade ago. But now a startup called Ample has raised $160 million to try to make it work — first for commercial vehicles, then… Continue reading Ample raises $160 million on the promise of battery swapping