SHANGHAI (Reuters) – Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor’s Chairman Wei Jianjun, has raised nearly 1 billion yuan ($157 million) in a funding round as investors increase bets on smart car technologies. Haomo will use the funds raised from investors – such as Hillhouse Capital’s early-stage investment unit GL Ventures,… Continue reading Chinese autonomous driving startup raises $157 million from Hillhouse, Meituan
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Chinese autonomous driving startup raises $157 mln from Hillhouse, Meituan
SHANGHAI, Dec 22 (Reuters) – Haomo.AI, a Chinese autonomous driving startup controlled by Great Wall Motor’s Chairman Wei Jianjun, has raised nearly 1 billion yuan ($157 million) in a funding round as investors increase bets on smart car technologies. Haomo will use the funds raised from investors – such as Hillhouse Capital’s early-stage investment unit… Continue reading Chinese autonomous driving startup raises $157 mln from Hillhouse, Meituan
15 of the coolest cars you can buy right now – carwow
When looking for a new car, you’ll most likely have a list of criteria you need it to meet. You may want the best fuel economy or something that will fit your two Great Danes in the boot, but what if you’re looking for something to get you noticed? Here are 15 of the coolest… Continue reading 15 of the coolest cars you can buy right now – carwow
Chinese self-driving startup Haomo.AI entres unicorn club after $157m Series A round …
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan ($156.9 million) in a Series A round of financing to reach a unicorn status with a valuation of over $1 billion, the startup announced on Wednesday. Hillhouse Capital’s early-stage investment unit GL Ventures, food delivery giant Meituan, Qualcomm’s venture capital (VC) arm Qualcomm Ventures,… Continue reading Chinese self-driving startup Haomo.AI entres unicorn club after $157m Series A round …
Ghosn builds his case as the market punishes Nissan – Asia Times
Carlos Ghosn agreed to a third interview with Asia Times keyed to publication in the translation of his book Le Temps de la Verité, or Time for the Truth, which he co-authored with French journalist Philippe Riès. The Engish edition is entitled Broken Alliances: Inside the Rise and Fall of a Global Automotive Empire. Published by Tanooki Press, it… Continue reading Ghosn builds his case as the market punishes Nissan – Asia Times
Mitsubishi Motors North America Appoints Daniel Ball Vice President, Aftersales
In this role, Ball will be responsible for overseeing parts and service operations for MMNA in the United States, including the Company’s parts distribution operations and warehouses. Specifically, he will be in charge of developing and implementing strategies and programs that enable Mitsubishi Motors and its dealer partners to provide a strong level of customer satisfaction… Continue reading Mitsubishi Motors North America Appoints Daniel Ball Vice President, Aftersales
Renewable energy-focused SPAC AP Acquisition prices $150m IPO in New York
AP Acquisition Corp, a SPAC with a focus on decarbonisation and the renewable energy sector, is looking to raise about $150 million in an initial public offering (IPO) on the New York Stock Exchange (NYSE), the company said in a statement. SPACs are blank cheque companies that raise capital solely to acquire private entities with… Continue reading Renewable energy-focused SPAC AP Acquisition prices $150m IPO in New York
Nordic Aviation Capital reaches Restructuring Support Agreement with majority of lenders to strengthen capital structure and position the Company for long-term growth and success
LIMERICK, Ireland, Dec. 19, 2021 /PRNewswire/ — Nordic Aviation Capital Designated Activity Company, together with its subsidiaries (“NAC” or the “Company”), the world’s largest regional aircraft lessor, today announced that it has entered into a Restructuring Support Agreement (the “RSA” or the “Agreement”) with its equityholders and lenders holding over 73% of NAC’s approximately $6.3 billion in… Continue reading Nordic Aviation Capital reaches Restructuring Support Agreement with majority of lenders to strengthen capital structure and position the Company for long-term growth and success
Japan’s top business lobbyist backs Myanmar coup, urges investment
A Japanese former politician who campaigned to bring billions of dollars of investment from some of Japan’s top companies to Myanmar has urged Japan to endorse its military regime, saying the nation’s coup leader has “grown fantastically as a human being,” while praising his “democratisation efforts.” The 87-year-old former cabinet minister, Hideo Watanabe, is also pursuing a $42-million shopping… Continue reading Japan’s top business lobbyist backs Myanmar coup, urges investment
Top 10 fuel-efficient petrol cars in India
While car owners in India have seen some respite in petrol rates – with the November 4 excise duty cut by the Centre and some states and prices remaining stable – a price hike in the future cannot be ruled out. So, having a fuel-efficient car can help you save that little bit more on… Continue reading Top 10 fuel-efficient petrol cars in India