Hong Kong’s de facto sovereign wealth fund is considering using HK$5 billion ($639 million) it set aside for its GBA Investment Fund to set up a joint investment fund with the government of Guangdong to invest in Greater Bay Area projects, the city said on Wednesday. Financial details, such as the size of the fund,… Continue reading Hong Kong’s de facto sovereign wealth fund seeks to set up joint GBA fund
Tag: Strategy
Utility Terrain Vehicle Market to Reach $1.8 Billion, Globally, by 2032 at 5.5% CAGR: Allied Market Research
The rising demand for utility terrain vehicles (UTVs) from various industries, such as agriculture, construction, etc. and the rising trend of consumers towards off-road recreational activities are the factors projected to drive the growth of the global utility terrain vehicle market during the forecast period from 2023 to 2032. The Asia-Pacific region to hold the… Continue reading Utility Terrain Vehicle Market to Reach $1.8 Billion, Globally, by 2032 at 5.5% CAGR: Allied Market Research
Gulf Air expands into China to bolster its Asia-Pacific network
BEIJING, Oct. 25, 2023 /PRNewswire/ — Gulf Air, the Kingdom of Bahrain’s national carrier, will be extending its operations into China in January 2024. In line with its calibrated growth strategy to strengthen its global network and connecting Bahrain with key global destinations under the national Economic Recovery Plan of Bahrain, this strategic move also… Continue reading Gulf Air expands into China to bolster its Asia-Pacific network
Accelerating the ‘Go Global’ Strategy: NETA Auto Launches Featured Model in Indonesia and Malaysia
SHANGHAI, Oct. 25, 2023 /PRNewswire/ — In a rapid stride towards globalization, NETA Auto has embarked on journeys in two additional countries this week. The exciting debut of NETA V in Indonesia and Malaysia brings a new era of intelligent electric vehicles to consumers in both nations. With its exceptional design, cutting-edge technology, and commitment to green… Continue reading Accelerating the ‘Go Global’ Strategy: NETA Auto Launches Featured Model in Indonesia and Malaysia
Dukosi and Suzhou Hengmei Electron Technology Inc. Strengthen Partnership and Establish Joint Development Laboratory
Joint Lab to serve as Regional Innovation Hub for Advancing Chip-on-Cell-based Next Generation Battery Systems EDINBURGH, Scotland, Oct. 25, 2023 /PRNewswire/ — Dukosi Ltd, the technology company revolutionizing the performance, safety and sustainability of battery systems, and Suzhou Hengmei Electron Technology, Inc. (“Hengmei”) today announced the Joint Development Laboratory at Hengmei’s facility in Suzhou, China.… Continue reading Dukosi and Suzhou Hengmei Electron Technology Inc. Strengthen Partnership and Establish Joint Development Laboratory
Sona Comstar H1 FY24 PAT up 40% YoY to INR 236 cr
EBITDA raised to INR 427 crore with an EBITDA margin of 28.0% and 38% YoY growth New Delhi: Sona BLW Precision Forgings Ltd. (Sona Comstar), a leading mobility technology company providing mission-critical systems and components for electrified and non-electrified powertrain segments, Wednesday announced its financial results for the quarter and half year ended September 30,… Continue reading Sona Comstar H1 FY24 PAT up 40% YoY to INR 236 cr
JLR accelerates electrification with new GBP 250 mn future energy lab
JLR said that by increasing its capacity for testing EVs on-site, JLR is minimising the cost of, and the emissions associated with sending fleets of prototype cars around the world for test assessments. JLR Wednesday unveiled its new Future Energy Lab, a GBP 250 million electric vehicle (EV) test facility, as it prepares to launch… Continue reading JLR accelerates electrification with new GBP 250 mn future energy lab
Daewoo to re-enter India market with aftermarket batteries, lubes, e-bikes from CY2024
South Korea’s Daewoo, which was once a renowned automotive brand in the Indian passenger vehicle market between 1995 and 2003 before exiting the country, has announced its re-entry into the Indian market with a strategic partnership with Gurugram-based Kelwon Electronics and Appliances. The latter, which is the exclusive licensee for the Daewoo brand in India,… Continue reading Daewoo to re-enter India market with aftermarket batteries, lubes, e-bikes from CY2024
Daewoo to re-enter India market with aftermarket batteries, lubes, e-bikes from CY2024
South Korea’s Daewoo, which was once a renowned automotive brand in the Indian passenger vehicle market between 1995 and 2003 before exiting the country, has announced its re-entry into the Indian market with a strategic partnership with Gurugram-based Kelwon Electronics and Appliances. The latter, which is the exclusive licensee for the Daewoo brand in India,… Continue reading Daewoo to re-enter India market with aftermarket batteries, lubes, e-bikes from CY2024
Daewoo to re-enter India market with aftermarket batteries, lubes, e-bikes from CY2024
South Korea’s Daewoo, which was once a renowned automotive brand in the Indian passenger vehicle market between 1995 and 2003 before exiting the country, has announced its re-entry into the Indian market with a strategic partnership with Gurugram-based Kelwon Electronics and Appliances. The latter, which is the exclusive licensee for the Daewoo brand in India,… Continue reading Daewoo to re-enter India market with aftermarket batteries, lubes, e-bikes from CY2024