“FDI equity inflow grew by 168 per cent in the first three months of 2021-22 (USD 17.57 billion) compared to the year ago period (USD 6.56 billion),” it said. New Delhi: Foreign direct investment (FDI) into the country rose by more than twofold to USD 17.57 billion during April-June this fiscal on account of measures… Continue reading FDI equity inflows up 168% to USD 17.57 bn during Apr-June 2021-22
Tag: Strategy
ASDC partners with Hero MotoCorp to bridge digital skill gap at auto dealerships
As per the Memorandum of Understanding (MoU), the partnership is to train the dealership Staff in an apprenticeship model. New Delhi: The Automotive Skills Development Council (ASDC) and country’s largest two wheeler maker Hero MotoCorp have partnered to bridge the digital skill gap at the country’s auto dealerships. As per the Memorandum of Understanding (MoU),… Continue reading ASDC partners with Hero MotoCorp to bridge digital skill gap at auto dealerships
@niche: Xos, Inc. Announces Filing of Form 8-K upon Closing of the Business Combination with NextGen Acquisition Corp (“NextGen”)001178
Xos, Inc. began trading on the Nasdaq on August 20, 2021 under the ticker symbol “XOS” after completing a merger with NextGen Acquisition Corp. The completion of the business combination resulted in net proceeds of $216.7 million in cash (net of transaction costs and redemptions). Raised capital is expected to support the execution of Xos’… Continue reading @niche: Xos, Inc. Announces Filing of Form 8-K upon Closing of the Business Combination with NextGen Acquisition Corp (“NextGen”)001178
ASDC and Hero MotoCorp join forces to bridge skill gap at dealerships
The Automotive Skills Development Council (ASDC) and Hero MotoCorp, India’s largest manufacturer of motorcycles and scooters, have partnered to bridge the digital skills gap in the country’s auto dealerships. As per the Memorandum of Understanding (MoU) signed between ASDC and Hero MotoCorp, this partnership aims to do Dealership Staff Training with Hero MotoCorp in an Apprenticeship… Continue reading ASDC and Hero MotoCorp join forces to bridge skill gap at dealerships
@VW Group: Lamborghini: the recent records and firsts you might not know about. From motorsport victories to the first automotive tests in space003727
Sant’Agata Bolognese, August 27, 2021 – Numerous records and firsts continue to confirm Automobili Lamborghini as a paragon of excellence and innovation in the automotive world. Here are seven that you might not have known about: 1. Lamborghini is the only automaker to win the 24 Hours of Daytona in the GTD class three… Continue reading @VW Group: Lamborghini: the recent records and firsts you might not know about. From motorsport victories to the first automotive tests in space003727
@VW Group: On the path to a digital car company with smart production003729
What is Audi doing to digitalize its global production? Efficient systems and new high-tech solutions are the basis for fully connected, digitalized production operations. With this clear vision in mind, Audi is strategically aligning its processes with the future. The Audi Production Lab is instrumental in the development of many forward-looking projects. The P-Lab, as… Continue reading @VW Group: On the path to a digital car company with smart production003729
Geely’s EV brand scores $500m investment led by CATL and Intel
BEIJING — A luxury electric vehicle unit of China’s Geely has partnered with top EV battery maker CATL and other investors to accelerate the development of new technologies. Zeekr Intelligent Technology, which operates Geely’s premium EV brand, signed strategic investment partnerships with five companies including Intel Capital, Zhejiang Geely Holding Group announced Friday. The partners will gain a 5.6% stake in… Continue reading Geely’s EV brand scores $500m investment led by CATL and Intel
North American Wheel Hubs and Bearings Replacement Aftermarket Report 2021-2026 – WDs and Retailers Push Private Labels to Strengthen In-house Brand Name in the Wheel Hubs and Bearings Aftermarket
DUBLIN, Aug. 27, 2021 /PRNewswire/ — The “Enhanced Wheel Diagnosis Technologies Influencing the North American Wheel Hubs and Bearings Replacement Aftermarket” report has been added to ResearchAndMarkets.com’s offering. This research service analyzes the volume and value of class 1-3 vehicle hubs and bearings aftermarket in the United States and Canada. It discusses unit shipment, revenue,… Continue reading North American Wheel Hubs and Bearings Replacement Aftermarket Report 2021-2026 – WDs and Retailers Push Private Labels to Strengthen In-house Brand Name in the Wheel Hubs and Bearings Aftermarket
Electric vehicle company Rivian has confidentially filed for an IPO
Rivian, the electric vehicle startup backed by a host of institutional and strategic investors, including Ford and Amazon, has confidentially filed paperwork with the U.S. Securities and Exchange Commission to go public. The size and price range for the proposed offering have yet to be determined. The initial public offering is expected to take place… Continue reading Electric vehicle company Rivian has confidentially filed for an IPO
Rivian files to go public at up to a reported $80 billion valuation
Buzzy (and extremely well-funded) EV startup Rivian has filed paperwork with the Securities and Exchange Commission to go public. Rivian will be doing a traditional initial public offering, bucking the recent trend of electric vehicles going public by merging with a special purpose acquisition company, or SPAC. The company, which is backed by Amazon and… Continue reading Rivian files to go public at up to a reported $80 billion valuation