PNGRB re-evaluating performance bank guarantee rule

The regulator can encash PBG if city gas companies fail to lay infrastructure or provide quality service to customers during the license period. The Petroleum and Natural Gas Regulatory Board (PNGRB) is re-evaluating a rule on performance bank guarantees for city gas companies that has benefited the likes of Adani Gas, Indian Oil and GAIL.… Continue reading PNGRB re-evaluating performance bank guarantee rule

@VW Group: Volkswagen Group reorganizes semiconductor procurement007688

The Volkswagen Group is reorganizing its procurement of electronic parts and semiconductors to ensure supply over the long term and, in doing so, securing itself a leading position in terms of technology as well as competitiveness. To this end, the Group has developed a new strategy for the procurement of parts with electronic components. “A… Continue reading @VW Group: Volkswagen Group reorganizes semiconductor procurement007688

AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA

LYSAKER, Norway and NEW ORLEANS, Aug. 22, 2023 /PRNewswire/ — AMSC ASA (“AMSC”) and Maritime Partners, LLC today announced that AMSC and Project Merchant Acquisition LLC (the “PM Acquisition”), a newly-formed company owned and controlled by a fund managed by Maritime Partners, LLC, have signed a share purchase agreement (the “SPA”) for PM Acquisition’s purchase… Continue reading AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA

AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC

LYSAKER, Norway, Aug. 22, 2023 /PRNewswire/ — Reference is made to the joint announcement made by AMSC ASA (“AMSC”) and Maritime Partners, LLC. (“Maritime Partners”) today regarding the signing by AMSC and Project Merchant Acquisition LLC (the “PM Acquisition”), a newly-formed company owned and controlled by a fund managed by Maritime Partners, of a share purchase… Continue reading AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC

Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies

TOKYO, Aug. 22, 2023 /PRNewswire/ — Terra Drone Corporation, a prominent player in the drone and UAM industry, has acquired majority shares in Unifly NV, the recognized UTM global leader. Terra Drone’s stake in Unifly has risen to 51%. Unifly’s stakeholders share a unified commitment to the company’s long-term vision. Terra Drone’s initial investment dates… Continue reading Terra Drone acquires a majority share of Unifly, the world’s leading provider of Unmanned Aircraft System Traffic Management (UTM) technology, with a strategic aim to enhance global drone and Urban Air Mobility (UAM) business through integrated strategies

Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

For the second consecutive year, Hyundai Mobis will grace IAA Mobility in Munich, highlighting pioneering solutions anchored in electrification Spotlight on the groundbreaking technologies powering Kia’s flagship electric vehicle, the EV9, and introduction of the transformative electrification platform, e-CCPM With a European order target of $1.29 billion, representing a quarter of the company’s global revenue… Continue reading Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

For the second consecutive year, Hyundai Mobis will grace IAA Mobility in Munich, highlighting pioneering solutions anchored in electrification Spotlight on the groundbreaking technologies powering Kia’s flagship electric vehicle, the EV9, and introduction of the transformative electrification platform, e-CCPM With a European order target of $1.29 billion, representing a quarter of the company’s global revenue… Continue reading Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

Unmanned Aerial Vehicle (UAV) Market size worth USD 68.92 Billion, Globally, by 2030 at 14% CAGR: Verified Market Research®

The “Global Unmanned Aerial Vehicle Market Size By Type, By Application, By End User, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Unmanned Aerial Vehicle Market, including its growth prospects, market trends, and market challenges JERSEY CITY, N.J., Aug. 22, 2023… Continue reading Unmanned Aerial Vehicle (UAV) Market size worth USD 68.92 Billion, Globally, by 2030 at 14% CAGR: Verified Market Research®

Former Head of Third-Party Information Security Risk Oversight at Standard Chartered Bank Joins BlueVoyant

Jon Leather appointed as head of European Supply Chain Defence advisory LONDON, Aug. 22, 2023 /PRNewswire/ — BlueVoyant, a cyber security company that illuminates, validates, and remediates internal and external risks, announced today that industry specialist Jon Leather has joined the company as the Head of European Supply Chain Defence Advisory, further strengthening the leadership… Continue reading Former Head of Third-Party Information Security Risk Oversight at Standard Chartered Bank Joins BlueVoyant

Electric Motorcycle Market to Hit $121.07 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, Aug. 22, 2023 /PRNewswire/ — The global electric motorcycle market size is anticipated to be valued at USD 121.07 billion by 2030 and is expected growth by CAGR 19.0% over the forecast period, according to a new study by Grand View Research Inc. The electric motorcycle industry is expected to expand due to the… Continue reading Electric Motorcycle Market to Hit $121.07 Billion by 2030: Grand View Research, Inc.