Tag: Mobility

Global investor Abdul Latif Jameel to invest Rs 1700 crore in Greaves Electric Mobility

Front row: Mohammed Jameel (L), Chairman and CEO, Abdul Latif Jameel and Karan Thapar (R), Chairman, Greaves Cotton Limited. Abdul Latif Jameel, an independent, family-owned, diversified global investor and operator has announced its commitment to invest $220 million (Rs 1700 crores) in Greaves Electric Mobility. Abdul Latif Jameel will initially invest $150 million (Rs 1160… Continue reading Global investor Abdul Latif Jameel to invest Rs 1700 crore in Greaves Electric Mobility

@Hyundai: Kia announces May 2022 global sales results

May global sales at 234,554 units, down 4.9% y/y Sales in Korea recorded 45,663 units, down 4.7% y/y Sales outside of Korea recorded 188,891 units, down 5.0% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the Kia EV6 Kia Corporation recorded total global sales of 234,554 units in… Continue reading @Hyundai: Kia announces May 2022 global sales results

GenCell and E.V. Motors Pure Energy Deploy First Autonomous Hybrid Off-Grid EV Charging Stations and Advance Partnership

In accordance with the agreement, the two companies are executing on their cooperation to develop an integration of GenCell’s alkaline fuel cells together with E.V. Motors Pure Energy’s electric vehicle charging technologies to enable autonomous off-grid hybrid electric vehicle charging stations that eliminate the need for fossil fuel generators. Following completion of the deployment of… Continue reading GenCell and E.V. Motors Pure Energy Deploy First Autonomous Hybrid Off-Grid EV Charging Stations and Advance Partnership

Cathay Capital hits $240m first close of Growth RMB Fund II, targets $448m …

Global investment firm Cathay Capital has secured the first close of its second RMB-denominated growth fund at over 1.6 billion yuan (almost $240 million), while it targets 3 billion yuan ($447.6 million) for the final closing, the firm announced on Thursday. Cathay Growth RMB Fund II is backed by cornerstone investors Valeo, a publicly-listed automotive… Continue reading Cathay Capital hits $240m first close of Growth RMB Fund II, targets $448m …

LG’s Software Testing Center Earns Accreditation From TÜV Rheinland

June 2, 2022 LG’s Software Testing Center Earns Accreditation From TÜV Rheinland Open share list Share this content. Company’s Facility First to be Confirmed by Global Testing and CertificationOrganization to Evaluate the Functional Safety of Automotive Software SEOUL, June 2, 2022 — LG Electronics’ (LG) Software Testing Center has officially been designated a TÜV Rheinland… Continue reading LG’s Software Testing Center Earns Accreditation From TÜV Rheinland

KraneShares launches electric vehicle ETF in Europe

Receive free Exchange traded funds updates We’ll send you a myFT Daily Digest email rounding up the latest Exchange traded funds news every morning. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools US-based asset manager Krane Funds Advisors has rolled out an… Continue reading KraneShares launches electric vehicle ETF in Europe

Scientists Propose Turning Skyscrapers Into Massive Gravity Batteries

Here’s how it works. High Rise Battery Researchers have come up with an ingenious idea to tackle our renewable energy storage woes — effectively turning skyscrapers into massive gravity-powered batteries. A team from the International Institute for Applied Systems Analysis (IIASA) in Austria suggest to take advantage of the vertical height of tall buildings, a… Continue reading Scientists Propose Turning Skyscrapers Into Massive Gravity Batteries

Sheryl Sandberg and the Death of ‘The Deal’

Five years. That’s how long Sheryl Sandberg figured she’d be spending at Facebook, now called Meta, when she took the job as chief operating officer and Mark Zuckerberg’s much-ballyhooed partner in 2008. Enough time to modulate the company’s swaggering culture into something sustainable, build a wildly successful ad business, and set up a policy operation… Continue reading Sheryl Sandberg and the Death of ‘The Deal’

Chevy Bolt gets a price cut for 2023 and adds a sporty new package

General Motors is cutting the price for the Chevrolet Bolt and Bolt EUV by about $6,000 and is adding a new, sporty trim option to the lineup.  On Wednesday, Chevrolet announced the 2023 model year Bolt EV will start at $26,595. The 2023 Bolt EUV, an SUV styling of the EV, will start at $28,195. Both prices include the delivery fee.… Continue reading Chevy Bolt gets a price cut for 2023 and adds a sporty new package