Tata Motors and Freight Commerce Solutions Private Limited (‘Freight Tiger’) have today signed a Securities Subscription Agreement (SSA) and a Shareholders Agreement (SHA) for the acquisition of 26.79% stake in ‘Freight Tiger’ for a consideration of Rs 150 crore. The SSA also includes a provision enabling Tata Motors to further invest Rs 100 crore over… Continue reading Tata Motors to acquire 27% stake in ‘Freight Tiger’ for Rs 150 crore
Tag: Strategy
UPDATE 2-Stellantis, Dongfeng to expand exports of China-made cars with asset transfer deal
(Adds Stellantis comment, DPCA exports) Oct 19 (Reuters) – China’s Dongfeng Motor Group and Stellantis said on Thursday the automakers will expand their vehicle and component export business through an asset sale to capture the burgeoning China auto market better. Under the asset transfer deal, state-owned Dongfeng will buy land use-rights and buildings in Wuhan… Continue reading UPDATE 2-Stellantis, Dongfeng to expand exports of China-made cars with asset transfer deal
Stellantis, Dongfeng to expand exports of China-made cars with asset transfer deal
(Reuters) -China’s Dongfeng Motor Group and Stellantis said on Thursday the automakers will expand their vehicle and component export business through an asset sale to capture the burgeoning China auto market better. Under the asset transfer deal, state-owned Dongfeng will buy land use-rights and buildings in Wuhan and Xiangyang from Dongfeng Peugeot Citroën Automobile (DPCA),… Continue reading Stellantis, Dongfeng to expand exports of China-made cars with asset transfer deal
Top 20 Biggest Car Manufacturers by 2023 Revenue
In this article, we will take a look at the top 20 biggest car manufacturers by 2023 revenue. If you want to skip our detailed analysis of the global automobile market, you can go directly to the Top 5 Biggest Car Manufacturers by 2023 Revenue. The global automotive market is one of the largest and… Continue reading Top 20 Biggest Car Manufacturers by 2023 Revenue
Electric Two-Wheeler Lithium-Ion BMS Market Size to Garner $5.6 Billion, Globally, by 2031 at 20.3% CAGR: Allied Market Research
The global electric two-wheeler lithium-ion battery management system market growth is attributed to the increase in the adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs), a rise in industry preference for the use of lithium-ion batteries, and growth in the adoption of rechargeable batteries across multiple end-use industries. WILMINGTON, Del., Oct. 19, 2023… Continue reading Electric Two-Wheeler Lithium-Ion BMS Market Size to Garner $5.6 Billion, Globally, by 2031 at 20.3% CAGR: Allied Market Research
Hyundai Mobis to exhibit at Japan Mobility Show 2023 for the first time
Hyundai Mobis participates Japan Mobility Show starting from October 26th to November 5th to expand Japanese market Plans to secure new business opportunities with Japanese automakers showcasing strategic products, including electrification, IVI, ADAS, and lamps Hyundai Mobis poise to strengthen global presence via active participation in global mobility events, following CES (USA) and IAA (Germany).… Continue reading Hyundai Mobis to exhibit at Japan Mobility Show 2023 for the first time
Automotive Chip Industry to Generate $121.3 Billion, Globally, by 2031 at 9.6% Compound Annual Growth Rate: Allied Market Research
The global automotive chip market is driven by factors such as an increase in demand for advanced driving assistance systems (ADAS), a rise in demand for electric vehicles, and a surge in demand for autonomous driving. PORTLAND, Ore., Oct. 18, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Chip Market by Component… Continue reading Automotive Chip Industry to Generate $121.3 Billion, Globally, by 2031 at 9.6% Compound Annual Growth Rate: Allied Market Research
Gerresheimer awarded EcoVadis Gold status again
– Gerresheimer among the top 5% of assessed businesses – Total score increases to 72/100 points – Status demonstrates consistent implementation of CSR strategy DUESSELDORF, Germany, Oct. 18, 2023 /PRNewswire/ — Gerresheimer, an innovative provider of systems and solutions and a global partner for the pharma, biotech, and cosmetic industries, has once again been awarded… Continue reading Gerresheimer awarded EcoVadis Gold status again
nShift: Four steps toward sustainable shipping
nShift to launch Emissions Tracker, giving retailers and warehouses accurate data on current emissions levels LONDON, Oct. 18, 2023 /PRNewswire/ — Some four out of five shoppers claim to buy from brands with a positive approach to the environment[1] . Now more than ever, retailers must make shopping as sustainable as possible. When it comes… Continue reading nShift: Four steps toward sustainable shipping
Estonia’s Digital Prowess Takes Centre Stage at GITEX GLOBAL 2023: A Showcase of Innovation and Collaboration
Estonia’s 12 Leading Tech Companies Converge at GITEX GLOBAL 2023 to Pioneer the Future of Technology. Estonia’s Remarkable ICT Expertise Meets the Middle East, Forging B2G Collaborations. MiCa: Auve Tech Unveils its Latest Autonomous Vehicle Innovation. MOUs Galore as Companies like Auve, Robotics 5.0, and GScan Seek to Revolutionise the Region. DUBAI, UAE, Oct. 18, 2023 /PRNewswire/… Continue reading Estonia’s Digital Prowess Takes Centre Stage at GITEX GLOBAL 2023: A Showcase of Innovation and Collaboration