Ascend Elements’ Apex 1 sustainable EV battery material facility under construction in Hopkinsville, Ky. The company’s Series C funding round will accelerate construction of the one-of-a-kind facility, which will produce sustainable, engineered battery materials from recycled lithium-ion batteries. Ascend Elements, a Westborough, MA-based engineered materials and lithium-ion battery recycling company, raised $300M in equity and… Continue reading Ascend Elements Raises $300M in Funding
Tag: JLR
2022 Los Angeles Auto Show Announces Preliminary List of Confirmed Global and North American Vehicle Debuts
AutoMobility LA Annual Media Preview on November 17 To Feature debuts By Subaru, Hyundai, Fiat, Kia, Genesis, VinFast and More LOS ANGELES , Oct. 27, 2022 /PRNewswire/ — Los Angeles Auto Show® today announces plans for global and North America vehicle debuts at AutoMobility LA® (AMLA), its annual gathering for both media and industry professionals on November 17. Showcasing… Continue reading 2022 Los Angeles Auto Show Announces Preliminary List of Confirmed Global and North American Vehicle Debuts
Land Rover customers asked not to sell cars to private buyers
Land Rover customers are being asked to surrender the right to sell their cars to private buyers outside the dealer network within the first six months of ownership. Auto Express has been made aware of two cases where customers who have ordered new Defenders have been asked to sign a document before taking delivery. The… Continue reading Land Rover customers asked not to sell cars to private buyers
Car makers post record sales during peak festivals, deliver four lakh cars between Navratri and Diwali
Car makers post record sales during peak festivals, deliver four lakh cars between Navratri and Diwali Over four lakh buyers drove home their dream car in a 32-day period between Navratri and Diwali this year to fulfil their personal mobility needs. On average, car retailers did a business of Rs 1,000 crore a day, with… Continue reading Car makers post record sales during peak festivals, deliver four lakh cars between Navratri and Diwali
Demand for top automotive tech professionals on the rise
Tata Elxsi and KPIT Technologies – two of the top Indian design and technology service providers to the automotive and related industries are on a hiring spree. This is happening as a result of robust demand that has come after almost two years of stagnation due to pandemic, supply challenges among others. However, some other business… Continue reading Demand for top automotive tech professionals on the rise
Metro New York Auto Retailer Named TIME Dealer of the Year
Hugh “Jack” Weidinger Wins National Recognition for Community Service and Industry Accomplishments NEW YORK, Oct. 26, 2022 /PRNewswire/ — The nomination of Hugh “Jack” Weidinger IV, dealer principal at North Bay Cadillac Co. Inc. in Great Neck, New York, for the 2023 TIME Dealer of the Year award was announced today by TIME. Weidinger is one of… Continue reading Metro New York Auto Retailer Named TIME Dealer of the Year
Ascend Elements Secures $300 Million in Funding
EV battery industry leaders and climate tech VC’s join investors from previous rounds to fund the fast-growing, U.S.-based sustainable engineered materials company WESTBOROUGH, Mass., Oct. 26, 2022 /PRNewswire/ — Ascend Elements, a U.S.-based engineered materials and lithium-ion battery recycling company, today announced it has secured $300 million in equity and debt financing, including $200 million… Continue reading Ascend Elements Secures $300 Million in Funding
@Tata-JLR: InMotion Ventures appoints Mike Smeed as Managing Director
Former finance lead for China-based joint venture Chery Jaguar Land Rover returns to UK We are delighted to announce the appointment of Mike Smeed as Managing Director of InMotion Ventures, following the recent launch of Jaguar Land Rover’s new Open Innovation strategy. By collaborating with start-ups, scale-ups and like-minded external organisations, Open Innovation is a… Continue reading @Tata-JLR: InMotion Ventures appoints Mike Smeed as Managing Director
Georgica Auto Holdings welcomes Franchise Equity Partners as minority shareholder
Georgica Auto Holdings operates 23 automotive retail franchises across NY, NJ, and PA Franchise Equity Partners makes $70 million capital investment in Georgica Auto Holdings Agreement gives Georgica Auto Holdings access to FEP’s deep automotive and financial expertise Capital investment supports Georgica Auto Holdings strategic growth plan NEW YORK, Oct. 26, 2022 /PRNewswire/ — Georgica… Continue reading Georgica Auto Holdings welcomes Franchise Equity Partners as minority shareholder
Hero MotoCorp plans assembly operations in the Philippines
Hero MotoCorp, the world’s largest motorised two-wheeler manufacturer, has announced plans to commence operations in the Philippines in association with Terrafirma Motors Corporation (TMC), a part of the Columbian Group of Companies, which is among the leading automotive groups in the Philippines and also represents brands like BMW, Kia, Mazda, Range Rover, Peugeot and Mahindra. As… Continue reading Hero MotoCorp plans assembly operations in the Philippines