Adani Enterprises is the first in Asia and among the first in the world to adopt hydrogen fuel cell operated trucks for mining First truck plans to be deployed in 2023 in India This announcement endorses Gautam Adani’s vision of potentially catalysing a hydrogen economy where India has a head start AHMEDABAD, India, Jan. 17,… Continue reading In a first, Adani to deploy Hydrogen-Powered Trucks
Tag: Strategy
Apple is reportedly working on a cheaper mixed-reality headset
The flagship headset, which hasn’t been announced yet, is expected to cost $3,000. Apple is already working on a more affordable version of its yet-to-be-announced mixed reality headset, according to Bloomberg and The Information. Based on previous reports about the long-rumored mixed reality device, it will cost around $3,000, which is double the price of… Continue reading Apple is reportedly working on a cheaper mixed-reality headset
PATRIZIA-Mitsui JV eyes up to $1b for new APAC infrastructure fundThe sustainable infra fund has hit a first close of $110m.
PATRIZIA, a Germany-headquartered investment manager, has partnered with one of Japan’s largest trading companies, Mitsui & Co, to set up an Asia Pacific-focused sustainable infrastructure fund with a $110 million equity investment in the first close. The APAC Sustainable Infrastructure Fund (A-SIF) will deploy in mid-market brownfield infrastructure in developed markets across the region, including… Continue reading PATRIZIA-Mitsui JV eyes up to $1b for new APAC infrastructure fundThe sustainable infra fund has hit a first close of $110m.
Wison Heavy Industry bags $221m and 58 Greater China deals worth over $2.6b
Nantong-based Wison Heavy Industry, a subsidiary of the clean energy technology provider Wison Offshore & Marine, has raised 1.5 billion yuan ($221.1 million) in a strategic investment round led by Nantong Industry Investment Fund, the firm announced on January 13. The funds will be used to support the upgrade of Liquefied Natural Gas (LNG) equipment.… Continue reading Wison Heavy Industry bags $221m and 58 Greater China deals worth over $2.6b
Herbert Diess, Volkswagen’s disruptor-in-chief, runs out of road – Automotive News Europe
Herbert Diess took over at Volkswagen Group four years ago when the German automaker was in crisis, under pressure to make dramatic changes in strategy and culture, and the former BMW executive offered a new vision. Prominent among them, Diess’s effort to create a Germany-centered software business, CARIAD, within Volkswagen, and a promised stock market… Continue reading Herbert Diess, Volkswagen’s disruptor-in-chief, runs out of road – Automotive News Europe
@VW Group: One-two victory for Porsche 99X Electric Gen3 at the Formula E season opener006500
Race 1 Witnessed by 40,000 avid fans, the race marked the first outing for the spectacular third-generation (GEN3) cars at the season-opening round in the Autodromo Hermanos Rodriguez. For Porsche, it was an outstandingly successful start to the new Formula E era: After 41 laps on the demanding circuit, four Porsche 99X Electric Gen3 finished… Continue reading @VW Group: One-two victory for Porsche 99X Electric Gen3 at the Formula E season opener006500
BorgWarner opens new EV-focused propulsion engineering centre in Bengaluru
American Tier-1 automotive supplier BorgWarner has expanded its engineering footprint in India by setting up a new technology centre – India Propulsion Engineering Centre (IPEC) – in Whitefield, Bengaluru. This comes barely a month after the company inaugurated a tech centre, also in Bengaluru, on December 8, 2022 to specifically focus on systems software development,… Continue reading BorgWarner opens new EV-focused propulsion engineering centre in Bengaluru
Manasi Tata tipped to take over as Vice-Chairperson at Toyota Kirloskar Motor
Manasi Tata, daughter of the late Vikram Kirloskar, is set to be elevated as the Vice-Chairperson of Toyota Kirloskar Motor (TKM) after the untimely demise of her father in November last year. The proposal is set to be taken up for discussion at the board meeting scheduled to be held this week, said people in… Continue reading Manasi Tata tipped to take over as Vice-Chairperson at Toyota Kirloskar Motor
German Handelsblatt: Automotive group: Mercedes fills several top jobs – Michael Schiebe becomes AMG boss005979
Michael Schiebe Der Vertraute von Mercedes-Chef Ola Källenius wird zum Chef der Tuningmarke AMG befördert. (Foto: Mercedes-Benz AG) Der Stuttgarter Luxusautohersteller Mercedes-Benz baut sein Führungsteam unterhalb des Vorstands an entscheidenden Stellen um. Die wichtigste Personalie: Michael Schiebe wird zum 1. März neuer Geschäftsführer der Tuningtochter AMG. Der Manager arbeitet derzeit als „Chief of Staff“ von Konzernchef… Continue reading German Handelsblatt: Automotive group: Mercedes fills several top jobs – Michael Schiebe becomes AMG boss005979
Hanwha-LG ‘battery alliance’… ESS/UAM cooperation in every aspect
Joint investment in the US ESS production lineTechnology development such as air conditioning system <Hanwha Group and LG Energy Solution are taking a commemorative photo after signing an MOU at The Plaza Hotel in Jung-gu, Seoul (provided by LG Energy Solution)> Hanwha Group and LG Energy Solution will cooperate in every aspect in order to… Continue reading Hanwha-LG ‘battery alliance’… ESS/UAM cooperation in every aspect