Too many sellers but few buyers in Asian secondaries market, say investorsThe bid-ask gap is particularly wide for Chinese, technology, and crypto ass…

Since the global markets corrected last year, fund managers have been flocking to secondaries to unlock liquidity in their portfolios. But while several investors are putting their assets up for sale, few are getting snapped up, with the bid-ask gap remaining particularly wide for Chinese, technology, and crypto assets, say secondaries investors.  Meanwhile, the uncertainty… Continue reading Too many sellers but few buyers in Asian secondaries market, say investorsThe bid-ask gap is particularly wide for Chinese, technology, and crypto ass…

Global Automotive Variable Valve Timing (VVT) and Start-Stop System Market Report 2023: Rising Demand for Fuel-efficient Vehicles Drives Growth

DUBLIN, March 28, 2023 /PRNewswire/ — The “Automotive Variable Valve Timing (VVT) and Start-Stop System Global Market Report 2023” report has been added to  ResearchAndMarkets.com’s offering. This report provides strategists, marketers and senior management with the critical information they need to assess the market. The global automotive variable valve timing (vvt) and start-stop system market… Continue reading Global Automotive Variable Valve Timing (VVT) and Start-Stop System Market Report 2023: Rising Demand for Fuel-efficient Vehicles Drives Growth

Refrigerated transportation market in the US to grow by USD 9 billion from 2021 to 2026; Growth driven by growing end-user segments – Technavio

NEW YORK, March 28, 2023 /PRNewswire/ — The refrigerated transportation market size in the US is estimated to grow by USD 9 billion from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 12.88% during the forecast period. The market is driven by growing end-user segments. The food… Continue reading Refrigerated transportation market in the US to grow by USD 9 billion from 2021 to 2026; Growth driven by growing end-user segments – Technavio

Europa Wire: Volkswagen Financial Services diversifies portfolio with first auto ABS transaction in Sweden000524

Volkswagen Financial Services diversifies portfolio with first auto ABS transaction in Sweden (IN BRIEF) Volkswagen Financial Services has placed an auto ABS transaction in Swedish kronor, becoming the first company in the market to place an auto ABS transaction based on a securitized pool of leasing contracts. The transaction has a receivables volume of SEK… Continue reading Europa Wire: Volkswagen Financial Services diversifies portfolio with first auto ABS transaction in Sweden000524

‘It’s a new day in the UAW’: Fain urges unity in the face of ‘only true enemy’

Detroit — Just a little over 24 hours into his presidency, Shawn Fain opened the United Auto Workers’ Special Bargaining Convention by declaring that the union is “ready to get back in the fight.” Fain, a challenger candidate who was sworn in as president Sunday after a lengthy runoff election that ended with him narrowly… Continue reading ‘It’s a new day in the UAW’: Fain urges unity in the face of ‘only true enemy’

One Man’s Quest to Revive the Great American Vacuum Tube

Predictably, it was harder than Whitener thought. It took him two years to persuade AT&T, which hadn’t made a tube since 1988 but still owned Western Electric, to license the brand and sell him its tube-manufacturing equipment. He set up shop in Western Electric’s former tube factory in Kansas City, Missouri, where the mothballed machines… Continue reading One Man’s Quest to Revive the Great American Vacuum Tube

Chang’an, Chery, Dongfeng Motor join Tesla’s China price war

A brutal price war is raging across China’s auto sector, catalyzing a profound overhaul of the world’s largest car market, as makers of new energy vehicles and conventional fossil fuel cars face off to win a greater share of a market rattled by slowing sales. The first shot was fired by U.S. electric vehicle (EV)… Continue reading Chang’an, Chery, Dongfeng Motor join Tesla’s China price war

Train Battery Market to grow at a CAGR of 5.45% from 2022 to 2027; Implementation of IoT and big data to be a major trend in the market – Technavio

NEW YORK, March 28, 2023 /PRNewswire/ — The global train battery market size is estimated to grow by USD 179.11 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.45% during the forecast period. Implementation of technologies such as IoT and big data is the leading… Continue reading Train Battery Market to grow at a CAGR of 5.45% from 2022 to 2027; Implementation of IoT and big data to be a major trend in the market – Technavio

BYD’s Net Income Jumps More Than 400% on EV Sales Surge

(Bloomberg) — BYD Co.’s profit more than quintupled last year after the Chinese automaker sold a record number of electric vehicles and intensified its battle with Tesla Inc. for market share. Most Read from Bloomberg Net income soared 446% to 16.6 billion yuan ($2.4 billion), the company said Tuesday, in line with the 16 billion… Continue reading BYD’s Net Income Jumps More Than 400% on EV Sales Surge

UPDATE 2-BYD posts 11-fold jump in Q4 profit -filing

(Adds details, comments from BYD and context) SHANGHAI/BEIJING, March 28 (Reuters) – Chinese electric vehicle giant BYD Co Ltd reported an 11-fold increase in fourth-quarter profit as it extended its lead in the domestic market with a wide range of products. Net profit for October-December came in at 7.3 billion yuan ($1.06 billion) versus 602… Continue reading UPDATE 2-BYD posts 11-fold jump in Q4 profit -filing