LONDON, May 26, 2022 /PRNewswire/ — Krane Funds Advisors, LLC, (“KraneShares”), an asset management firm known for its global exchange-traded funds (ETFs) and innovative investment strategies, today announced the launch of the KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF (Ticker: KARS). KARS tracks the Bloomberg Electric Vehicles ESG Screened Index, which is constructed… Continue reading KraneShares Lists Electric Vehicles & Future Mobility ESG Screened UCITS ETF (Ticker: KARS) on the London Stock Exchange
Tag: Mobility
Economists put Q4 growth at 3.5-5.5% on rise in commodity prices, Omicron
ICRA and HDFC Bank see FY22 GDP growth at 8.9% while Kotak Mahindra Bank has forecast an 8.8% year-on-year rise. India’s economy is likely to have grown 3.5-5.5% in the fourth quarter of FY22 as higher commodity prices hit margins and the third Covid-19 wave disrupted the recovery, an ET poll of eleven economists showed.… Continue reading Economists put Q4 growth at 3.5-5.5% on rise in commodity prices, Omicron
Akio Toyoda: ‘Carbon is our enemy, not the internal combustion engine’
The Japanese Automobile Manufacturers’ Association or JAMA has outlined its automotive sector’s priorities which includes taking appropriate actions for growth, employment and wealth distribution and creating a carbon-neutral society, among other things. After the industry body officially approved a new executive structure at its Board of Directors meeting held virtually, its chairman, Akio Toyoda said, “We… Continue reading Akio Toyoda: ‘Carbon is our enemy, not the internal combustion engine’
@Nissan: 2022/05/26 All-new Nissan Z named official safety car for Super GT race series Niss…000761
2022/05/26 YOKOHAMA, Japan – Nissan Motor Co., Ltd. and Nissan Motorsports & Customizing Co., Ltd. (NMC) today announced the all-new Nissan Z will serve as a safety car in the Super GT race series operated by GT Association, Inc. The sports car will make its debut in the third round of the 2022 season… Continue reading @Nissan: 2022/05/26 All-new Nissan Z named official safety car for Super GT race series Niss…000761
Pony.ai loses trial license in California
Startup Pony.ai loses permission to test autonomous vehicles in California. California was one of the first US states in which it was allowed to test autonomous driving on public roads without drivers on board. Pony.ai was one of the first companies to receive such approval. But At the end of last year a Pony.ai vehicle… Continue reading Pony.ai loses trial license in California
Revenue of Automotive Oil Pump Market to cross US$ 22.68 Bn by 2031, TMR Study
Support of governments to attract large OEMs for the expanding automobile industry to create ample opportunities in Asia Pacific automotive oil pump market Increasing adoption of cobots for automation of production and assembly lines necessitate adherence to OSHA guidelines to avoid accidents ALBANY, N.Y. , May 25, 2022 /PRNewswire/ — Analysts at TMR estimate the automotive oil… Continue reading Revenue of Automotive Oil Pump Market to cross US$ 22.68 Bn by 2031, TMR Study
Didi Global faces rocky path to growth after getting US delisting nod
Didi Global may have ensured its survival after winning shareholders’ nod for a U.S. stock delisting but a quick return to growth won’t be easy for the Chinese ride-hailer as it still faces regulatory scrutiny and as COVID-19 has hurt the business. Didi‘s U.S. withdrawal less than a year after its debut there is seen as an attempt to appease regulators angered by its move to push ahead with a $4.4… Continue reading Didi Global faces rocky path to growth after getting US delisting nod
Two senior Grab execs quit as company rejigs unit to stem losses
Two top executives at Grab Holdings’ fintech business have quit, adding to other senior departures in recent months, as the Southeast Asian ride-hailing and delivery firm rejigs the key unit at the loss-making group, two sources said. Chris Yeo, who heads Grab‘s payments and rewards business and has been with the company for nearly six years, is leaving along with Jeffrey Goh, who leads the payments gateway business, the sources familiar with the matter told… Continue reading Two senior Grab execs quit as company rejigs unit to stem losses
Apple’s secretive car project loses yet another top executive
Christopher “CJ” Moore, the former Tesla Autopilot software engineer who left to join Apple’s secretive car project last year, has left Apple to join Luminar, an Orlando, Florida-based lidar company, as its new head of software, the company announced. Moore only lasted seven months at Apple. Moore is among a group of top executives from… Continue reading Apple’s secretive car project loses yet another top executive
Faurecia Exploring Asset Sales After Hella Deal Completion
(Bloomberg) — Faurecia SE is exploring the sale of some non-core assets after completing its purchase of German automotive supplier Hella GmbH, according to people familiar with the matter. Most Read from Bloomberg The French auto parts group is working with advisers as it weighs selling its emissions-control unit and Hella’s special applications division, the… Continue reading Faurecia Exploring Asset Sales After Hella Deal Completion