Nox Management Expands Portfolio with Trampo Extreme Acquisition

KUWAIT CITY, Oct. 10, 2023 /PRNewswire/ — Kuwait-based Nox Management acquires Trampo Extreme, a renowned entertainment and adventure enterprise spanning across Kuwait, UAE, Bahrain, Qatar, and Oman. This strategic move marks a pivotal milestone in Nox Management’s ambitious growth and expansion strategy. Globally, the Entertainment Centers sector boasts a staggering worth of US$ 11.2 Billion,… Continue reading Nox Management Expands Portfolio with Trampo Extreme Acquisition

Montra Electric and Ecofy sign MoU for EV financing for cargo, e-three wheelers

Montra Electric, the EV brand of 123 years legacy Murugappa Group and Ecofy, India’s green-only NBFC have joined forces to offer accessible financing solutions for Electric Three-Wheelers.  Ecofy will offer financial assistance for both cargo and passenger vehicles. Rajashree Nambiar, Co-founder, MD and CEO, Ecofy, highlighted the company’s mission, stating, “Through this strategic tie-up with… Continue reading Montra Electric and Ecofy sign MoU for EV financing for cargo, e-three wheelers

Stellantis honours 40 suppliers across 16 product categories

Stellantis has honoured 40 of its suppliers for their outstanding commitment, performance, quality, and operational excellence in 2022. One supplier in each of 16 categories, including aftermarket parts and services, direct materials, indirect services, and regional performance, was named ‘Supplier of the Year’.  The third annual event was attended by more than 150 global suppliers… Continue reading Stellantis honours 40 suppliers across 16 product categories

Stellantis honours 40 suppliers across 16 product categories

Stellantis has honoured 40 of its suppliers for their outstanding commitment, performance, quality, and operational excellence in 2022. One supplier in each of 16 categories, including aftermarket parts and services, direct materials, indirect services, and regional performance, was named ‘Supplier of the Year’.  The third annual event was attended by more than 150 global suppliers… Continue reading Stellantis honours 40 suppliers across 16 product categories

Stellantis and Samsung SDI choose Indiana to set up second Gigafactory in the US

Stellantis and Samsung SDI have announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh). The joint… Continue reading Stellantis and Samsung SDI choose Indiana to set up second Gigafactory in the US

NEW STRATEGY NEW TECHNOLOGY : FOTON BRAND REJUVENATION & ALL-NEW PRODUCTS LAUNCH

BEIJING, Oct. 11, 2023 /PRNewswire/ — On October 11th, FOTON held its global BRAND REJUVENATION & ALL-NEW PRODUCTS LAUNCH event in Changsha, China. 63 Distributors, customers and media representing 22 countries worldwide came together to witness the event. They also had the opportunity to experience FOTON Super Truck Plant, which has the world-class intelligent manufacturing processes.… Continue reading NEW STRATEGY NEW TECHNOLOGY : FOTON BRAND REJUVENATION & ALL-NEW PRODUCTS LAUNCH

Enterprise Holdings accelerates toward next era of mobility with diverse portfolio and growing global footprint

Millions of customers around the world use business to meet mobility needs, driving best year on record ST. LOUIS, Oct. 11, 2023 /PRNewswire/ — Enterprise Holdings, a global leader in mobility, has strengthened its ambitions in helping shape the future of mobility with strong results across its diverse lines of business, a significant jump in… Continue reading Enterprise Holdings accelerates toward next era of mobility with diverse portfolio and growing global footprint

Tosca Releases Second Environmental, Social, and Governance (ESG) Report: All Together Better, Innovation through Partnership

ATLANTA, Oct. 11, 2023 /PRNewswire/ — Tosca, a global leader in reusable plastic packaging and performance pooling solutions, is excited to announce the release of its second Environmental, Social, and Governance (ESG) Report titled: “All Together Better, Innovation through Partnership.” In the report, Tosca communicates its progress on its sustainability journey as it continues collaborating… Continue reading Tosca Releases Second Environmental, Social, and Governance (ESG) Report: All Together Better, Innovation through Partnership

Electromobility: Exyte to build state-of-the-art dry room for Volkswagen’s first ever battery cell gigafactory

Exyte is set to build the dry room for Volkswagen’s battery cell gigafactory in Salzgitter, Germany Exyte is responsible for design, procurement, construction and commissioning of the dry room Control of the manufacturing environment is technically demanding and critical to product quality Exyte CEO Büchele: “Receiving this contract is an achievement of strategic relevance for… Continue reading Electromobility: Exyte to build state-of-the-art dry room for Volkswagen’s first ever battery cell gigafactory

Thailand BOI Approves Investment Applications Worth USD1.1 Billion in EV, Renewable Energy, Data Centers, Travel Infrastructure Projects

BANGKOK, Oct. 11, 2023 /PRNewswire/ — The Thailand Board of Investment (BOI) yesterday approved investment promotion applications worth a combined 41 billion baht (USD1.1 billion) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centers, as well as travel and tourism infrastructure and equipment. The meeting, which… Continue reading Thailand BOI Approves Investment Applications Worth USD1.1 Billion in EV, Renewable Energy, Data Centers, Travel Infrastructure Projects