AUBURN HILLS, Mich., Aug. 16, 2021 /PRNewswire/ — BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, invested in CelLink Corporation, a company that develops large, high-conductance flexible circuits for the automotive and energy storage industries. This Series C equity investment complements BorgWarner’s technology investments as well as its… Continue reading BorgWarner Invests in CelLink, Expanding Electrification Efforts
Tag: Strategy
Canoo Receives Initial AA ESG Leader Rating From MSCI; Ranks In Automotive Top 11%
JUSTIN, Texas, Aug. 16, 2021 /PRNewswire/ — Canoo (Nasdaq: GOEV), a company manufacturing breakthrough electric vehicles (EVs), was awarded a AA ESG rating by leading global investment and ESG rating firm, MSCI. The AA ranking places Canoo as an industry ESG leader and in the top 11% of automotive companies. “At Canoo we are focused on bringing EV’s to… Continue reading Canoo Receives Initial AA ESG Leader Rating From MSCI; Ranks In Automotive Top 11%
World NM: Electric cars hit highway to the future001466
China leads way with clear strategy, rising demand Zhang and his wife are new fans of China’s burgeoning new energy vehicle, or NEV sector. He added that the focus will not only be on increasing market size, but also on making breakthroughs in core technologies to help China consolidate its leading position in the market.… Continue reading World NM: Electric cars hit highway to the future001466
TechnologyChina’s Didi improves pay transparency for drivers8:14 AM UTC
BEIJING, Aug 16 (Reuters) – China’s Didi Global Inc (DIDI.N) said on Monday it will provide its drivers in several Chinese cities with more details on the fees they receive, the first big move by the ride-hailing giant after state media accused it of paying drivers unfairly. Didi said drivers in seven Chinese cities including… Continue reading TechnologyChina’s Didi improves pay transparency for drivers8:14 AM UTC
CMMC Kickstart Training Launched by Logical Operations
CMMC, or Cybersecurity Maturity Model Certification, was developed by the U.S. Department of Defense (DoD) and consists of cybersecurity processes and practices designed to safeguard Controlled Unclassified Information (CUI) within the Defense Industrial Base (DIB). The DIB is made up of over 350,000 organizations within the DoD vendor supply chain. CMMC is a landmark cybersecurity… Continue reading CMMC Kickstart Training Launched by Logical Operations
German Manager Magazin: Volkswagen: Shareholders are suing Porsche SE in the USA001036
The VW main owner Porsche SE is in connection with the diesel scandal with a shareholder action in the USA faced. The lawsuit filed with the Supreme Court of New York State is directed against Porsche SE and former members of the executive and supervisory boards of Volkswagen as well as other people, according to… Continue reading German Manager Magazin: Volkswagen: Shareholders are suing Porsche SE in the USA001036
Indian bike taxi service Rapido raises $52 million
Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s new funding — Series C — was financed by Shell Ventures,… Continue reading Indian bike taxi service Rapido raises $52 million
Chinese ride-hailer Didi says will be more transparent on driver income after criticism
China’s Didi Global Inc said on Monday drivers in several Chinese cities will be able to know details on how Didi pays them, the first big move by the ride-hailing giant after it was criticised by state media that it pays drivers unfairly. In a post on Weibo, Didi said drivers in seven Chinese cities will be the first to know… Continue reading Chinese ride-hailer Didi says will be more transparent on driver income after criticism
Deutsche Bank hires 3 Credit Suisse wealth management executives in SE Asia push
Deutsche Bank Wealth Management said on Monday it has hired three executives from Credit Suisse to work across Southeast Asia as part of an ongoing expansion strategy for the region. Urs Brudermann, at Credit Suisse for the past 11 years and most recently as team leader for Thailand, joins Deutsche‘s wealth management arm as managing director and… Continue reading Deutsche Bank hires 3 Credit Suisse wealth management executives in SE Asia push
HSBC to buy Axa’s insurance assets in Singapore for $575m
HSBC said on Monday it had agreed to acquire Axa’s insurance assets in Singapore for $575 million, part of its broader strategy of scaling up its wealth management business in Asia and boosting fee income. The bank said in February it would invest $3.5 billion in its wealth and personal banking business in Asia, while… Continue reading HSBC to buy Axa’s insurance assets in Singapore for $575m