Indian EV maker TI Clean Mobility raises $145m led by Multiples PE

TI Clean Mobility, an electric vehicle (EV) subsidiary of engineering conglomerate Murugappa Group, has raised Rs 1,200 crore ($145.7 million), led by Multiples Asset Management (Multiples PE), per an announcement. The funding comes in at a time when TI Clean Mobility is looking to ramp up sales of its recently launched passenger 3-wheeler EV. “In… Continue reading Indian EV maker TI Clean Mobility raises $145m led by Multiples PE

Matthew Shaulis appointed Chief Commercial Officer and US President of Hansa Biopharma

LUND, Sweden, March 3, 2023 /PRNewswire/ — Hansa Biopharma, “Hansa” (NASDAQ Stockholm: HNSA), a pioneer in enzyme technology for rare immunological conditions, announced today that Matthew Shaulis will join the company effective 16 March as Chief Commercial Officer and President of the U.S. affiliate, Hansa Biopharma, Inc. He will report to President and CEO Søren… Continue reading Matthew Shaulis appointed Chief Commercial Officer and US President of Hansa Biopharma

Road freight transportation market size in Europe is set to grow by USD 58.43 billion from 2020 to 2025, Evolving Opportunities with DACHSER SE, and Deutsche Post DHL Group among others – Technavio

NEW YORK, March 3, 2023 /PRNewswire/ — The size of the road freight transportation market in Europe is expected to grow by USD 58.43 billion from 2020 to 2025. The growth momentum of the market will accelerate at a CAGR of 3% during the forecast period. The road freight transportation market in Europe is fragmented and… Continue reading Road freight transportation market size in Europe is set to grow by USD 58.43 billion from 2020 to 2025, Evolving Opportunities with DACHSER SE, and Deutsche Post DHL Group among others – Technavio

Ramkrishna Forgings to set up 7.82-MW solar power plant investing INR 35 crore

The power generated will be used for its captive consumption, reducing the company’s dependence on grid power. Kolkata: Ramkrishna Forgings Limited, one of the leading suppliers of rolled, forged, and machined products, plans to install a 7.82-MW capacity roof-top solar project at its forging plants in Sariekella and Dugni in Jamshedpur investing INR 35 crore.… Continue reading Ramkrishna Forgings to set up 7.82-MW solar power plant investing INR 35 crore

@Subaru: Subaru Corporation Announces Organizational and Management Changes (Effective March 31, 2023 and April 1, 2023)000185

Subaru Corporation Announces Organizational and Management Changes (Effective March 31, 2023 and April 1, 2023) Tokyo, March 3, 2023 – Subaru Corporation announces the following organizational and management changes. 1. Organizational Change (Effective April 1, 2023) CTO Strategy Office (Renamed from the CTO’s Office)The CTO Strategy Office, renamed from the CTO’s Office, will be made independent… Continue reading @Subaru: Subaru Corporation Announces Organizational and Management Changes (Effective March 31, 2023 and April 1, 2023)000185

SUBARU OF AMERICA, INC. ANNOUNCES KEY EXECUTIVE CHANGES

CAMDEN, N.J., March 3, 2023 /PRNewswire/ — Subaru of America, Inc. (SOA) today announced a change in its top management structure. Effective April 1, Thomas J. Doll, President and Chief Executive Officer, will step down from the day-to-day management of the company and will assume the role of Corporate Advisor based at the Camden headquarters. Continue… Continue reading SUBARU OF AMERICA, INC. ANNOUNCES KEY EXECUTIVE CHANGES

@Ford: Mike Keogh

Mike Keogh is chief financial officer for Ford Model e, effective October 2022. In this role, he leads the finance team responsible for financial planning, strategy, capital allocation and investment in building Model e. Keogh has over 20 years of experience as a tech industry veteran responsible for building global teams, driving change and instituting… Continue reading @Ford: Mike Keogh

@Ford: Mike Keogh

Mike Keogh is chief financial officer for Ford Model e, effective October 2022. In this role, he leads the finance team responsible for financial planning, strategy, capital allocation and investment in building Model e. Keogh has over 20 years of experience as a tech industry veteran responsible for building global teams, driving change and instituting… Continue reading @Ford: Mike Keogh

ZTO Responds to Short Seller Report

SHANGHAI, March 2, 2023 /PRNewswire/ — ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China  (“ZTO” or the “Company”),  today issued the following statement in response to allegations made in a report by Grizzly Research LLC, a short seller. The Company believes the report is without… Continue reading ZTO Responds to Short Seller Report

Audi shows just how many car parts can be recycled through its ‘close the loop’ project

Through its joint project, MaterialLoop, Audi is proving you can turn old cars into new ones. The project aims to “close the loop” on materials, such as steel, aluminum, plastic, and glass, recycling them to build new cars and significantly reduce emissions and waste. Gas-powered cars emit around 4.6 metric tons of carbon dioxide each… Continue reading Audi shows just how many car parts can be recycled through its ‘close the loop’ project