Toyota Rumion priced at Rs 10.29 lakh, bookings open

Toyota Kirloskar Motor officially announced the start of bookings and the prices of its new Toyota Rumion which was launched earlier this August.  The latest offering will be available at ex-showroom prices from Rs 10,29,000 toRs 13,68,000, with deliveries expected to commence from 8 September onwards.  Atul Sood, Vice President – Sales and Strategic Marketing,… Continue reading Toyota Rumion priced at Rs 10.29 lakh, bookings open

Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud launches the Master Plan for logistics centers with the aim of transforming the Kingdom into a Global Logistics Hub

RIYADH, Saudi Arabia, Aug. 27, 2023 /PRNewswire/ —  His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Supreme Committee for Transport and Logistics Services launched the master plan for logistics centers, which aims to further develop the infrastructure of the logistics sector in the Kingdom,… Continue reading Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud launches the Master Plan for logistics centers with the aim of transforming the Kingdom into a Global Logistics Hub

EVE Energy Announces to Bring Its Flagship Power Cell Solutions to IAA Mobility 2023, Marking Its 5th Anniversary of the First International Cell Order

HUIZHOU, China, Aug. 28, 2023 /PRNewswire/ — EVE Energy, a leading global lithium-ion battery manufacturer in its fifth year of its first international power battery order, will make its IAA Mobility debut in September.  At the IAA Mobility 2023 exhibition, EVE Energy will showcase its power cell solutions for passenger vehicles that build on cylindrical… Continue reading EVE Energy Announces to Bring Its Flagship Power Cell Solutions to IAA Mobility 2023, Marking Its 5th Anniversary of the First International Cell Order

EVE Energy Announces to Bring Its Flagship Power Cell Solutions to IAA Mobility 2023, Marking Its 5th Anniversary of the First International Cell Order

HUIZHOU, China, Aug. 28, 2023 /PRNewswire/ — EVE Energy, a leading global lithium-ion battery manufacturer in its fifth year of its first international power battery order, will make its IAA Mobility debut in September.  At the IAA Mobility 2023 exhibition, EVE Energy will showcase its power cell solutions for passenger vehicles that build on cylindrical… Continue reading EVE Energy Announces to Bring Its Flagship Power Cell Solutions to IAA Mobility 2023, Marking Its 5th Anniversary of the First International Cell Order

China’s Xpeng to acquire Didi’s smart EV unit in deal worth up to $744m

Chinese electric car company Xpeng said it will acquire ride-hailing giant Didi’s smart electric vehicle (EV) unit in a deal worth as much as $744 million and the two companies will form a strategic partnership. Xpeng’s shares surged around 13% in Monday trade. As part of the deal, Xpeng will launch an A-class model next… Continue reading China’s Xpeng to acquire Didi’s smart EV unit in deal worth up to $744m

ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store

The ThroughPut.ai SKU Rationalization solution optimizes product mix to rapidly and continuously accelerate free cash flow, as well as margins to enable an undeniably significant, positive impact on the bottom line. PALO ALTO, Calif., Aug. 24, 2023 /PRNewswire/ — ThroughPut Inc., the industrial AI supply chain pioneer, today announced that its ThroughPut.ai SKU Rationalization solution… Continue reading ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store

Boom Supersonic Advances Flight Preparations for XB-1

Key milestones completed as world’s first independently developed supersonic jet progresses towards first flight DENVER, Aug. 24, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, Overture, today announced it has completed several key milestones for XB-1, Boom’s technology demonstrator aircraft. XB-1 leverages 60 years of progress in airplane technologies like carbon… Continue reading Boom Supersonic Advances Flight Preparations for XB-1

Successful Global Acquisition: Global New Material International & CQV

HONG KONG, Aug. 24, 2023 /PRNewswire/ — Global New Material International Holdings Limited (the “Company”, Stock Code: 6616.HK) announced that all conditions precedent under the each of the CQV Sale Shares Agreements and the CQV Treasury Shares Agreement have been satisfied and the Closing took place on 22 August 2023. Upon the Closing, the Company… Continue reading Successful Global Acquisition: Global New Material International & CQV

Explainer: India’s Green Hydrogen Standard

Chatterjee said that India’s ambitious Energy Transition Plan by 2030 requires a multi-prong approach. What is the Green Hydrogen Standard? In August 2023, MNRE issued the Green Hydrogen Standard for India. Simply put, these standards have defined what encompasses ‘green’ in green hydrogen. It notified: The amount of carbon emissions that are allowed in the… Continue reading Explainer: India’s Green Hydrogen Standard

China’s Xpeng to acquire Didi’s smart EV unit in deal worth up to USD 744 mln

Xpeng will launch an A-class model next year under a new brand, currently called MONA, aiming to expand in the mass-market segment with the car to be priced in the USD 20,000 price tier. Chinese electric car company Xpeng said it will acquire ride-hailing giant Didi‘s smart electric vehicle (EV) unit in a deal worth… Continue reading China’s Xpeng to acquire Didi’s smart EV unit in deal worth up to USD 744 mln