Strategy – Page 8850 – I wish I had more to offer

NWTN Delivers First Batch of Electric Vehicles to Client in the UAE

DUBAI, UAE, Dec. 30, 2022 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today announced that it delivered 20 range-extended electric vehicles (“R-EEVs”) to M93 CAR RENTAL L.L.C (“M93 CAR RENTAL”) at its newly constructed facility in the Khalifa Economic Zones Abu Dhabi (“KEZAD”). The… Continue reading NWTN Delivers First Batch of Electric Vehicles to Client in the UAE

For Ferrari, a Second-Place F1 Season Full of Mistakes

Ferrari began the season with a strong one-two finish in the first race and a win in the third, prompting team hopes that it would finally land its first title since 2008. But it fell short, finishing second in the constructors’ and drivers’ championships and is now searching for a new team principal. One of… Continue reading For Ferrari, a Second-Place F1 Season Full of Mistakes

CarDekho Group narrows loss to Rs 246 crore in FY22

The revenue from operations in FY22 increased to Rs 1,598 crore from Rs 884 crore in FY21, it added. Auto-tech firm CarDekho Group on Monday said it has narrowed total losses to Rs 246 crore in 2021-22. The group had posted a total loss of Rs 341 crore in FY21, CarDekho said in a statement.… Continue reading CarDekho Group narrows loss to Rs 246 crore in FY22

Hot Takes: A Deep Dive Into the State of Car Rental

Vehicle allocation is finally trickling back into rental fleets, while used prices started to decrease in the fall of 2022. Photo: Canva It’s been a turbulent last few years for rental operations to say the least. While the industry weathered an unprecedented supply crisis — and enjoyed record profits as a result — we may… Continue reading Hot Takes: A Deep Dive Into the State of Car Rental

Alex Wu, former Managing Director of Bain Capital, takes the President and CFO of NaaS

HUZHOU, China, Jan. 2, 2023 /PRNewswire/ — On December 30, 2022, NaaS (NASDAQ: NAAS), one of the largest and fastest growing electric vehicle charging service providers in China, announced that the Company has appointed Alex Wu as its CFO and President, effective January 15, 2023. Mr. Wu will join the Board of Directors of NaaS.… Continue reading Alex Wu, former Managing Director of Bain Capital, takes the President and CFO of NaaS

NWTN Delivers First Batch of Electric Vehicles to Client in the UAE

XCMG Delivers 100 Hydrogen-Fueled Trucks to Mengxi Zhenghe Group

XUZHOU, China, Dec. 29, 2022 /PRNewswire/ — XCMG, the world’s top 3 construction machinery manufacturers, has delivered a batch of 100 hydrogen-fueled trucks to the end client Mengxi Zhenghe Group to aid its construction of a mine near Ordos in China’s Inner Mongolia autonomous region, as part of the thousand-units hydrogen-fueled truck order that signed… Continue reading XCMG Delivers 100 Hydrogen-Fueled Trucks to Mengxi Zhenghe Group

[New Year’s Resolution] Diagnosing semiconductor, display and battery supply chain… Still far from being independent of materials, parts, equipment

#July 2019, there was a sigh of relief from some in the industry when Japan regulated the export of materials necessary for semiconductor and display production. It was a fact that Japan’s sudden ‘material weaponization’ alert emergency on Korean companies; however, it was not a ‘fatal’ to the extent of halting production. A high-class official… Continue reading [New Year’s Resolution] Diagnosing semiconductor, display and battery supply chain… Still far from being independent of materials, parts, equipment

China’s Sany Heavy Truck closes $145m Series A round to build new-energy vehiclesThree investors, including Hidden Hill Capital, jointly led the deal.

Sany Heavy Truck, a truck manufacturer affiliated with China’s Sany Heavy Industry, has raised almost 1 billion yuan ($145 million) in a Series A round to invest in the R&D of its new-energy heavy-duty trucks. Three investors jointly led the deal, including Hidden Hill Capital, a private equity (PE) arm of global logistics giant GLP;… Continue reading China’s Sany Heavy Truck closes $145m Series A round to build new-energy vehiclesThree investors, including Hidden Hill Capital, jointly led the deal.

The Electric Vehicle Climate Is Warming With New Competition And … – Forbes

Ford F-150 Lightning electric pickup truck is one of the hottest EV sellers. Ford Motor Co. Wine pressed from grapes growing in vineyards worked by self-driving, electric tractors, batteries that last longer but cost less, expanded model choices, wider recharging options, broader fleet adoption and tightly targeted spending by venture capitalists. Those are all present,… Continue reading The Electric Vehicle Climate Is Warming With New Competition And … – Forbes