Mitsubishi’s SE Asia-focused PE firm AIGF closes $126m second fund

ASEAN-focused private equity (PE) firm AIGF Advisors Pte Ltd has closed its second fund, AIGF II LP, at 17.3 billion yen ($126 million), according to an announcement. The commitments were made by institutional investors in Japan and the ASEAN region, AIGF said. A PE fund sponsored by Japanese conglomerate Mitsubishi Corporation, AIGF is focused on… Continue reading Mitsubishi’s SE Asia-focused PE firm AIGF closes $126m second fund

Japan startup to mass-produce new chips that increase EV range

OSAKA — Kyoto University-launched startup Flosfia plans to produce semiconductors for electric vehicles with improved energy-saving performance that will extend the driving range of EVs by about 10% compared with cars using current chips, Nikkei has learned. The company — which counts Mitsubishi Heavy Industries, Denso and the Development Bank of Japan as investors —… Continue reading Japan startup to mass-produce new chips that increase EV range

North American Head-Up Display (HUD) System Market Analysis/Growth Report 2022-2030 Featuring Top Tier 1 Suppliers – Continental, Nippon Seiki, Denso, & Panasonic

DUBLIN, Aug. 24, 2022 /PRNewswire/ — The “North American Head-Up Display (HUD) System Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. The study provides forecasts for the heads-up display (HUD) market in North America from 2021 to 2030 This research indicates that HUD penetration in North America as of 2021 stood at a meager… Continue reading North American Head-Up Display (HUD) System Market Analysis/Growth Report 2022-2030 Featuring Top Tier 1 Suppliers – Continental, Nippon Seiki, Denso, & Panasonic

EV prices are going in the wrong direction

One of the major barriers to mass adoption of electric vehicles is cost. EVs are just way too expensive, with the average price hitting an all-time high earlier this summer of $66,000. That’s disappointing because the auto industry has always promised that prices would come down as EV battery packs became more efficient to manufacture.… Continue reading EV prices are going in the wrong direction

Group 1 Automotive Announces CEO Transition Plans

Earl Hesterberg to retire at year end Daryl Kenningham, current President of US Operations, appointed to Board of Directors and as President and Chief Operating Officer of Group 1 immediately; will assume CEO role on January 1, 2023. HOUSTON, Aug. 24, 2022 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE:GPI) (“Group 1” or the “Company”), an international,… Continue reading Group 1 Automotive Announces CEO Transition Plans

Global $2.2+ Billion Airport Moving Walkways Markets, Analysis & Forecasts, 2016-2021, 2021-2026F, 2031F – Partnership and Collaboration are Key Trends Gaining Popularity

DUBLIN, Aug. 24, 2022 /PRNewswire/ — The “Airport Moving Walkways Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global airport moving walkways market is expected to grow from $2.13 billion in 2021 to $2.21 billion in 2022 at a compound annual growth rate (CAGR) of 3.33%. The airport moving walkways market… Continue reading Global $2.2+ Billion Airport Moving Walkways Markets, Analysis & Forecasts, 2016-2021, 2021-2026F, 2031F – Partnership and Collaboration are Key Trends Gaining Popularity

Automotive Cybersecurity Market to cross USD 2 Bn by 2030, Says Global Market Insights Inc.

Major automotive cybersecurity market participants include  Argus Cyber Security Ltd, Arilou Technologies Ltd, AT&T Inc., Audi AG, Bayerische Motoren Werke (BMW) AG, BT Group (BT Security), Capio, Inc., Cisco Systems, Inc., Cognata, Continental AG, Daimler AG, Ford Motor Company, General Motors, Honda Motor Company Ltd, Hyundai Motor Company, Intel Corporation, Karamba Security, Lear Corporation, Nebula… Continue reading Automotive Cybersecurity Market to cross USD 2 Bn by 2030, Says Global Market Insights Inc.

Renault Hippie Caviar Motel revealed as electric adventure van

As the mainstream motor industry transitions to fully-electric power, the campervan market is following suit. Meet the Renault Hippie Caviar Motel, a new Kangoo-based show car designed to preview what an environmentally friendly EV camper could look like, which will make its public debut at the IAA Transportation exhibition in Hanover next month. Renault has… Continue reading Renault Hippie Caviar Motel revealed as electric adventure van

Autocar magazine 24 August 2022: on sale now

Meanwhile, Mike Duff drives a prototype of the new Lamborghini Urus Performante to determine whether its tweaks – a diet saving 47kg, and a 15bhp boost – pay off dynamically. We’ve also had time in the new Honda Civic on UK roads – can the hybrid hatchback reinvigorate the neglected family hatch class? Features This… Continue reading Autocar magazine 24 August 2022: on sale now