Founded on the premise that the electrification of mobility is likely to be a transformational shift, Volta Charging builds and operates a nationwide EV charging network that has among the best utilization per station in the EV charging industry for the United States. Centered around capturing new spending habits expected to result from the shift to… Continue reading Volta Charging Announces New Station Installation In Upper Marlboro, Maryland
Tag: Strategy
Faurecia to acquire Hella, creates world’s seventh largest supplier
French automotive supplier Faurecia has acquired the majority 60 percent equity stake in lighting and electronics specialist Hella for 3.4 billion euros in cash. It plans to acquire the remaining equity at an offer price of 60 euros a share, which makes the transaction an estimated total enterprise value of 6.7 billion euros (Rs 55,388… Continue reading Faurecia to acquire Hella, creates world’s seventh largest supplier
@niche: Consortium members agree to back Greensand, carbon storage pilot project, in support of Denmark’s ambitious 70% CO2 reduction targets by 2030001154
29 consortium members have today signed up to phase 2 of Europe’s first full Chain Climate Carbon Capture and Storage Pilot project. Proof of concept planning is now getting underway with potentially start around Q4 2021 subject to the implementation of the agreements outlined in the Danish North Sea Agreement of Dec. 2020. The consortium… Continue reading @niche: Consortium members agree to back Greensand, carbon storage pilot project, in support of Denmark’s ambitious 70% CO2 reduction targets by 2030001154
Asia Digest: ComfortDelGro to list Australia arm; Kydon’s new fund; Next100 launches accelerator
Singapore-based transport operator ComfortDelGro is looking to list its Australian business while Kydon Group has launched fund to address skill-gap among workers. Meanwhile, Vietnamese VC firm Next100 has launched its accelerator. ComfortDelGro to list Australian arm Singapore-based transport operator ComfortDelGro is looking to list its Australian business, ComfortDelGro Corporation Australia, on the Australian Securities Exchange,… Continue reading Asia Digest: ComfortDelGro to list Australia arm; Kydon’s new fund; Next100 launches accelerator
Machinery Partner Raises $4.5M in Seed Funding
Machinery Partner, a Boston, MA-based company offering novel procurement, financing and support for small businesses needing heavy machinery, raised $4.5m in seed funding. The round was led by One Way Ventures (from Boston and focused on backing immigrant founders) and Euclid Ventures (from the West Coast and focused on B2B marketplaces), with participation from PJC and Techstars Ventures, as well as… Continue reading Machinery Partner Raises $4.5M in Seed Funding
Chery expected to realize L4 highly autonomous driving technology in 2025.
In the context of the ongoing automobile technology revolution, Chery takes the lead to introduce the intelligent networking technology and accelerates the transformation from a traditional automobile manufacturer to a high-tech Internet enterprise. In 2018, Chery released its intelligent brand strategy covering Chery’s intelligent planning in the full-life cycle, ranging from R&D, manufacturing, marketing to… Continue reading Chery expected to realize L4 highly autonomous driving technology in 2025.
Dada Group’s JDDJ Releases Report: On-demand Consumption of Snack Food
SHANGHAI, Aug. 17, 2021 /PRNewswire/ — Dada Group (Nasdaq: DADA), China’s leading local on-demand delivery and retail platform, is pleased to announce that JDDJ Data Research Institute released the Report on On-demand Consumption Trend of Snack Food. Based on JDDJ’s big data, O2O experience, and close partnership with PepsiCo Food, the Report provides the first-hand… Continue reading Dada Group’s JDDJ Releases Report: On-demand Consumption of Snack Food
KKR India Fin Services and InCred Finance agree to merge their lending businesses
Founded in 2016 by Bhupinder Singh, InCred Finance is a tech-enabled lending institution that spans online and offline models across consumer, small businesses, and education lending. KIFS, which was founded in 2009, provides Indian businesses with financing solutions. “Their (KKR) long-term vision and commitment to the India story fits perfectly with InCred’s objective of creating… Continue reading KKR India Fin Services and InCred Finance agree to merge their lending businesses
Baring PE Asia nears $1b deal to acquire Philippines-based outsourcing firm Straive
Alternative investment major Baring Private Equity Asia is said to be edging closer to acquire Philippine-based content technology outsourcing firm Straive (formerly known as SPi Global) from Swiss fund manager Partners Group for $1 billion, according to a Bloomberg report. The report said Baring PE Asia and Partners Group are already finalising the details of the… Continue reading Baring PE Asia nears $1b deal to acquire Philippines-based outsourcing firm Straive
@Hyundai: Kia America Appoints Eric Watson as Vice President of Sales Operations
Promotion Supports the Fast-Growing Organization’s Needs as Kia’s Customer Base and Units in Operation Continue to Expand Kia America today announced the immediate appointment of Eric Watson as vice president, sales operations. Watson will oversee Kia’s regional and corporate sales operations in the United States and will report to Sean Yoon, the president and CEO… Continue reading @Hyundai: Kia America Appoints Eric Watson as Vice President of Sales Operations