Synthetic biotech firm PhaBuilder has raised $52.9 million in a Series A+ round, while Thinkre New Material, which develops products for hydrogen fuel batteries, has raised $35.4 million led by Sequoia Capital China. In a separate deal cybersecurity firm Guan An Information has bagged $44.2 million. PetroChina’s arm leads Series A+ round of PhaBuilder Synthetic… Continue reading China Digest: PhaBuilder, Thinkre New Material, Guan An Information raise fundsPhaBuilder plans to build 3-5 production bases throughout China within …
Tag: Strategy
Nissan to buy up to 15% in Renault EV unit under rejigged alliance
Nissan and Renault on Monday unveiled details of their redesigned alliance, with the Japanese car maker committing to buy a stake of up to 15% in Renault’s electric vehicles unit Ampere. The alliance junior partner Mitsubishi Motors will also consider investing in Ampere, which Renault aims to list, the companies said in a statement. “Nissan’s… Continue reading Nissan to buy up to 15% in Renault EV unit under rejigged alliance
@Nissan: Renault-Nissan-Mitsubishi Alliance open a new chapter for their partnership000965
2023/02/06 LONDON, PARIS, TOKYO, YOKOHAMA – Following approval by the Boards of Directors of Renault Group and Nissan Motor Co., Ltd, Renault-Nissan-Mitsubishi Alliance today announced new initiatives to take their partnership to the next level. A three-dimension program to maximize value creation for all Alliance stakeholders will include: High-value-creation operational projects in Latin America, India… Continue reading @Nissan: Renault-Nissan-Mitsubishi Alliance open a new chapter for their partnership000965
Bike Bazaar closes Series D equity funding of Rs 250 crore
Bike Bazaar – a leading pre-owned two-wheeler financing company has closed its Series D round of funding with a total equity raise of Rs 250 crore. The company on Monday announced that it has raised Rs 82 crores (USD 10 million) from DEG, a Germany-based development finance institution and a subsidiary of KfW Group, who… Continue reading Bike Bazaar closes Series D equity funding of Rs 250 crore
Bike Bazaar closes Series D equity funding of Rs 250 crore
Bike Bazaar – a leading pre-owned two-wheeler financing company has closed its Series D round of funding with a total equity raise of Rs 250 crore. The company on Monday announced that it has raised Rs 82 crores (USD 10 million) from DEG, a Germany-based development finance institution and a subsidiary of KfW Group, who… Continue reading Bike Bazaar closes Series D equity funding of Rs 250 crore
‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park
‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park With SUVs at the core of Kia’s model range in India, the South Korean car maker has taken advantage of the SUV boom and has outperformed the market with stellar growth ever since it entered India in 2018.… Continue reading ‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park
‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park
‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park With SUVs at the core of Kia’s model range in India, the South Korean car maker has taken advantage of the SUV boom and has outperformed the market with stellar growth ever since it entered India in 2018.… Continue reading ‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park
@Honda: Honda R&D Europe (Deutschland) GmbH confirm next stage of ‘Smart Company’ concept with installation of green hydrogen production system
Installation of green hydrogen production capability powered by surplus solar energy Announcement marks next stage in ‘Smart Company’ showcase, a testbed for the purpose of developing technologies to maximise the use of renewable energy ‘Smart Company’ concept allows development and testing of large-scale energy system optimisation Honda continues to invest in technologies to meet its… Continue reading @Honda: Honda R&D Europe (Deutschland) GmbH confirm next stage of ‘Smart Company’ concept with installation of green hydrogen production system
German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006161
Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) After 2021, BMW sold more cars last year than its direct competitors Mercedes and Audi. In 2022, the Munich car manufacturer was able to sell a total of 2.4 million vehicles worldwide. Without the BMW brands Mini… Continue reading German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006161
German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006161
Mercedes-Benz plant in Tuscaloosa For car manufacturer Mercedes, pure sales are no longer so important. (Photo: Mercedes-Benz AG) After 2021, BMW sold more cars last year than its direct competitors Mercedes and Audi. In 2022, the Munich car manufacturer was able to sell a total of 2.4 million vehicles worldwide. Without the BMW brands Mini… Continue reading German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits006161