Shanghai-headquartered Leadrive Technology, which supplies silicon carbide power modules and dual-motor controllers for electric vehicles, has secured 600 million yuan ($82.2 million) in a Series D financing round co-led by China-focused investor Legend Capital; and Oriza FOFs, the fund of funds unit of Chinese investment group Oriza Holdings. Legend Capital is an existing shareholder of… Continue reading Chinese EV power solutions firm Leadrive bags over $82m in Series D round
Tag: Strategy
Crypto startup funding slides to record low in Q3: Messari report
Q3 2023 was a sluggish quarter for crypto startup fundraising as the number of venture deals and capital raised recorded their steepest fall since Q4 2020, according to crypto intelligence firm Messari. The quarter saw a total of 297 crypto firms and projects raising just under $2.1 billion, a 36% drop in terms of both… Continue reading Crypto startup funding slides to record low in Q3: Messari report
Citigroup to sell China consumer wealth business to HSBC
Citigroup Inc said on Monday it had agreed to sell its China consumer wealth portfolio, including clients, assets under management (AUM) and deposits, to Asia-focused HSBC Holdings Plc. The deal covers total deposits and investment AUMs of about $3.6 billion, and is expected to close in the first half of 2024. Financial details of the… Continue reading Citigroup to sell China consumer wealth business to HSBC
BIZCLIK MEDIA LAUNCHES OCTOBER EDITIONS OF PROCUREMENT MAGAZINE AND SUPPLY CHAIN DIGITAL
The October editions of Procurement Magazine and Supply Chain Digital include interviews with leading experts and executives from Claroty and LONDON, Oct. 6, 2023 /PRNewswire/ — BizClik is the UK’s fastest growing publishing company, has published the October editions of Procurement Magazine and Supply Chain Digital. The digital editions of Procurement Magazine and Supply Chain Digital… Continue reading BIZCLIK MEDIA LAUNCHES OCTOBER EDITIONS OF PROCUREMENT MAGAZINE AND SUPPLY CHAIN DIGITAL
Supply Chain Analytics Market size worth USD 20.25 Billion, Globally, by 2030 at 19.20% CAGR: Verified Market Research®
The “Global Supply Chain Analytics Market Size By Deployment Model, By Service, By Application, By Component, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Supply Chain Analytics Market, including its growth prospects, market trends, and market challenges. JERSEY CITY, N.J., Oct.… Continue reading Supply Chain Analytics Market size worth USD 20.25 Billion, Globally, by 2030 at 19.20% CAGR: Verified Market Research®
Kamux expands to a larger premises in Porvoo
ESPOO, Finland, Oct. 6, 2023 /PRNewswire/ — Kamux, a company specializing in used car sales, continues to implement its strategy and expands its showroom in Porvoo. The showroom will double in size during November 2023, when it will take over the former Sotka premises next door. The renovated showroom will accommodate app. 200 cars. “The larger… Continue reading Kamux expands to a larger premises in Porvoo
Simpleview and City Destinations Alliance Announce VivaCITY Challenge Winners at CityDNA Autumn Conference in Valencia
VALENCIA, Spain, Oct. 6, 2023 /PRNewswire/ — Simpleview and City Destinations Alliance (CityDNA) proudly unveiled the winners of the VivaCITY Challenge at the CityDNA Autumn Conference in Valencia, Spain: Helsinki Partners and Turismo Torino e Provincia. Continue Reading Simpleview logo CityDNA’s president, Petra Stušek, expresses the significance of the moment by saying, “Nearly seven months… Continue reading Simpleview and City Destinations Alliance Announce VivaCITY Challenge Winners at CityDNA Autumn Conference in Valencia
Aston Martin e-programme gets GBP 9 mn from Advanced Propulsion Centre UK
Awarded following a competitive process, the government grant will support the development of Aston Martin’s luxury BEV platform and enable a route to net-zero, including investment in vehicle light weighting, a digital toolchain and electrification training. New Delhi: Aston Martin’s high-performance electrification strategy has been awarded GBP 9 million of government funding through the Advanced… Continue reading Aston Martin e-programme gets GBP 9 mn from Advanced Propulsion Centre UK
TAILG Breaks Guinness World Record by Achieving “Longest Journey on An Electric Scooter”
DONGGUAN, China, Oct. 9, 2023 /PRNewswire/ — TAILG, a world-leading e-mobility solution provider and a green mobility solution provider for the Asian Games 2023 in Hangzhou, has recently clinched the title of “longest journey on an electric scooter” issued by Guinness World Records after its battery-powered two-wheeler completed a journey of 31,516 km (19,583 miles) from June… Continue reading TAILG Breaks Guinness World Record by Achieving “Longest Journey on An Electric Scooter”
VinFast explores Ford Chennai factory as part of its India entry plans
As part of its globalisation strategy, Vietnamese electric vehicle manufacturer VinFast, is exploring the Ford India factory in Chennai amongst the multiple alternatives it is studying to set up an India manufacturing base. The acquisition of Ford India’s factory in Chennai is among many greenfield alternatives being explored by Vinfast in the country. Sources in the know say… Continue reading VinFast explores Ford Chennai factory as part of its India entry plans