Tag: Electric vehicles

Swiss investor SUSI Partners hits first close for Asia energy fund at $81m

Swiss infrastructure fund manager SUSI Partners has reached a first close at $81 million for its Asia Energy Transition Fund (SAETF), which will focus on investments in Southeast Asia. The fund has attracted commitments from development finance institutions (DFIs) including the Asian Infrastructure Investment Bank, Dutch development bank FMO, as well as Nordic DFIs Norfund… Continue reading Swiss investor SUSI Partners hits first close for Asia energy fund at $81m

Hyundai Extends Sponsorship of National Salute to America’s Heroes Through 2024

In conjunction with the event, Hyundai is donating $50,000 to Folds of Honor to provide scholarships to spouses and children of America’s fallen and disabled service members. “We’re proud to have been a part of the National Salute to America’s Heroes since its debut in 2017,” said Angela Zepeda, CMO, Hyundai Motor America. “All of… Continue reading Hyundai Extends Sponsorship of National Salute to America’s Heroes Through 2024

Electric 2-wheelers to account for 8-10% of new sales by 2025; 3-wheelers to contribute 30%: ICRA

According to the ratings agency, the global automobile industry is witnessing major technological transitions, with a shift from conventional powertrains to the electric powertrain. The electric two and three-wheelers volume are expected to account for 8-10 percent and 30 percent of new vehicle sales in the country by 2025, respectively, owing to low operating cost… Continue reading Electric 2-wheelers to account for 8-10% of new sales by 2025; 3-wheelers to contribute 30%: ICRA

Visaka Industries forays into EV segment

The company said it will be leveraging its ATUM solar roof product at its EV charging stations. HYDERABAD: Visaka Industries Limited on Tuesday announced its foray into new electric vehicle (EV) business segment. The company said it plans to set up 10 self-sustaining, solar powered EV charging stations, called ATUMCharge, in the first phase across… Continue reading Visaka Industries forays into EV segment

Lear Releases 2020 Sustainability Report, Highlighting Innovations and a Strategic Roadmap for a Sustainable Future

SOUTHFIELD, Mich., May 26, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced the release of its 2020 Sustainability Report, highlighting the company’s growing portfolio of green technologies, achievements in diversity, human rights and governance, and ambitious climate change goals for its operations. Lear’s safe and smart… Continue reading Lear Releases 2020 Sustainability Report, Highlighting Innovations and a Strategic Roadmap for a Sustainable Future

New 2023 Volkswagen Passat to offer more space than ever

A new lease of life will be granted to the Volkswagen Passat in 2023, after the German firm gave the green light to the introduction of an all-new B9 generation. It will be built in Bratislava alongside the Touareg SUV, although it will continue to use the brand’s MQB underpinnings. Eventually the Passat will share… Continue reading New 2023 Volkswagen Passat to offer more space than ever

BMW and MINI launch charging service for UK electric car customers

BMW has launched a new one-stop charging package for buyers of electric BMWs and MINIs. The BMW Charging and MINI Charging services allow owners access to charge points from a number of providers via one app or card, including BP Pulse, ESB, Osprey, Source London, Instavolt and Ionity. In addition to the UK charge point… Continue reading BMW and MINI launch charging service for UK electric car customers

Lithium Urban acquires SmartCommute, to become a full-stack transportation solution provider

Bangalore-headquartered Lithium Urban Technologies (Lithium Urban), a leading corporate sustainable mobility solutions provider has acquired SmartCommute, an end-to-end Employee Transport Services SaaS platform. With this move, Lithium Urban will now evolve into a full-stack transportation solutions provider across form factors. SmartCommute was founded in 2014 with the purpose of simplifying employee transportation services for corporates… Continue reading Lithium Urban acquires SmartCommute, to become a full-stack transportation solution provider