Porsche IPO could raise up to €75bn for parent Volkswagen Flotation on Frankfurt stock market would be one of the largest European public offerings to date Part of the proceeds from the Porsche IPO would help fund the shift towards electric vehicles and battery technology. Photograph: Ringo Chiu/Reuters Part of the proceeds from the Porsche… Continue reading Porsche IPO could raise up to €75bn for parent Volkswagen
Tag: Electric vehicles
IAA Transportation World Premieres: QUANTRON unveils longest-range hydrogen and electric trucks based on newly developed platforms
World premiere of the QUANTRON QHM FCEV Heavy Truck, a tractor unit for heavy long-distance transport with a range of up to 1500 km Technology highlights on board with platform partners: Latest fuel cell technology from Ballard Power and integrated E-axle from Allison Transmission Presentation of the QUANTRON QHM BEV Truck, a near-production concept vehicle… Continue reading IAA Transportation World Premieres: QUANTRON unveils longest-range hydrogen and electric trucks based on newly developed platforms
Chinese battery separator maker Horizon joins unicorn club after $195m dealThe company offered a combined 19.68% of its shares to the consortium
Jiangsu Horizon New Energy Technology, a Chinese manufacturer of lithium-ion battery separators, has raised 1.37 billion yuan ($195.4 million) from 11 investors to boost its valuation to $1 billion. The five-year-old company offered a combined 19.68% of its shares at a price of 3.98 yuan ($0.57) apiece to the consortium led by investors including China… Continue reading Chinese battery separator maker Horizon joins unicorn club after $195m dealThe company offered a combined 19.68% of its shares to the consortium
Ideanomics enhances the availability of Solectrac electric tractors across the United States with seven new dealer partnerships
NEW YORK, Sept. 19, 2022 /PRNewswire/ — Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), is pleased to announce that its subsidiary Solectrac is continuing with the rapid expansion of its certified sales and dealer network. For the first time, Solectrac climate-smart tractors are available in Hawaii, Maine, North Carolina,… Continue reading Ideanomics enhances the availability of Solectrac electric tractors across the United States with seven new dealer partnerships
Scania decarbonises heavy transport
SÖDERTÄLJE, Sweden, Sept. 19, 2022 /PRNewswire/ — At IAA 2022, Scania manifests the future of transport – sustainable and electric. By 2030, 50 percent of the total vehicle sales volume is expected to be electrified. Among highlights, Scania premieres its new electrified tractor for regional transport operations, its powerful solutions comprising digital and connected services as well… Continue reading Scania decarbonises heavy transport
ASUS’ ROG Phone 6D Ultimate has an even more elaborate cooling system
After the launch of the ROG Phone 6 Pro gaming phone, some hardcore fans were left wondering what happened to the “Ultimate” variant. As it turns out, ASUS waited for over two months before unveiling its “one more thing”: the ROG Phone 6D Ultimate. It’s identical to the 6 Pro in almost every way, except… Continue reading ASUS’ ROG Phone 6D Ultimate has an even more elaborate cooling system
Scania at IAA 2022: Visionary solutions brought to life
SÖDERTÄLJE, Sweden, Sept. 19, 2022 /PRNewswire/ — When Scania returns to the first IAA fair since 2018, it is with a massive demonstration of its capability for providing sustainable transport solutions. Fourteen different vehicles are on display in three different areas. And they are fitted into a frame of services that form the industry’s broadest… Continue reading Scania at IAA 2022: Visionary solutions brought to life
E-vehicle sales see sharp uptick in Rajasthan
Jaipur: The popularity of electric vehicles is gaining momentum in Rajasthan, where the number of such vehicles has jumped six times in three years, as people are increasingly adapting to the emerging mobility model. Looking at the comfort and easy mobility in city life, the sale of two-wheelers is the highest, while the sale of… Continue reading E-vehicle sales see sharp uptick in Rajasthan
Tata Nexon stays on top as India’s No. 1 UV in April-August 2022
If there is one vehicle segment in India which continues to fire on all cylinders, then it is utility vehicles (UVs). The UV segment, which sold 1,489,178 units in FY2022 – just 10,822 units shy of the 1.5-million-units mark – setting a new record, is set to upscale that in FY2023. And the first five… Continue reading Tata Nexon stays on top as India’s No. 1 UV in April-August 2022
How Toyota-Suzuki alliance could spell success for their new midsize SUVs in India
The Indian passenger vehicle market is increasingly banking on SUVs for growth, what with the utility vehicle (UV) segment’s share having already grown to 50 percent and with one out of every two new cars sold today being of this increasingly preferred body style. The UV segment, which saw sales of 1,489,178 units in FY2022,… Continue reading How Toyota-Suzuki alliance could spell success for their new midsize SUVs in India