Battery Resourcers Closes $20M Series B Equity Funding

Battery Resourcers CEO Mike O’Kronley at the company’s Novi, Mich. facility on April 9, 2021 Battery Resourcers, a Worcester, MA-based vertically integrated lithium-ion battery recycling and manufacturing company, recently completed a $20m Series B equity funding. The round was led by Orbia Ventures, the venture capital arm of the multinational Orbia, with participation from other investors including At One Ventures, TDK… Continue reading Battery Resourcers Closes $20M Series B Equity Funding

@Tata-JLR: Jaguar Land Rover’s InMotion Ventures Invests in Battery Recycling and Manufacturing Technology

InMotion Ventures invests in sustainable technology firm Battery Resourcers Closed-loop process integrates recycling of lithium-ion battery materials, achieving a circular economy for battery supply chain InMotion Ventures becomes investment partner as part of the $20 million investment round Investment supports Jaguar Land Rover’s commitment to achieve net zero carbon emissions across its supply chain, products… Continue reading @Tata-JLR: Jaguar Land Rover’s InMotion Ventures Invests in Battery Recycling and Manufacturing Technology

Land Rover extends partnership with Virgin Galactic to 2024

Land Rover has announced a three-year extension to its partnership with Virgin Galactic, the world’s first commercial space flight service. The British brand will continue to provide vehicles to the Virgin Galactic team as part of the agreement, which will be used to transport passengers to their flights. So far, Virgin Galactic has sold 600… Continue reading Land Rover extends partnership with Virgin Galactic to 2024

Meet the Waymo power players who will replace John Krafcik as the co-CEOs of Google’s $30 billion self-driving unit

Waymo’s former COO, Tekedra Mawakana and former CTO, Dmitri Dolgov, are its new co-CEOs. Mawakana is a policy expert who’s led Waymo’s strategy, operations, marketing, and public affairs. Dolgov is in charge of developing the company’s software and hardware. See more stories on Insider’s business page. After longtime Waymo CEO John Krafcik decided to step… Continue reading Meet the Waymo power players who will replace John Krafcik as the co-CEOs of Google’s $30 billion self-driving unit

Toyota president Akio Toyoda is 2021 World Car Person of the Year

Ninety-three distinguished international journalists on the World Car Awards jury panel have voted Akio Toyoda, President and CEO, Toyota Motor Corporation, as the 2021 World Car Person of the Year. Akio Toyoda is the charismatic President and CEO of Toyota Motor Corporation, where he has spent years successfully remaking his company. In 2020, under his… Continue reading Toyota president Akio Toyoda is 2021 World Car Person of the Year

Vodafone Idea launches integrated IoT solution for automotive industry

Vi Business, the enterprise arm of Vodafone Idea (VIL), has further strengthened its IoT portfolio with the launch of Integrated IoT solutions for enterprises. With this industry first initiative, Vodafone Idea says it has become the only telecom company in India to offer a secure end-to-end IoT solution offering that comprises connectivity, hardware, network, application, analytics,… Continue reading Vodafone Idea launches integrated IoT solution for automotive industry

Hyundai reveals Alcazar premium SUV

Hyundai Motor India remains strongly bullish on the SUV segment. The carmaker which registered a smart uptick in the UV segment in FY2021 with products including the new Creta and Venue, is gunning for more growth in the category. It is now revealed its latest salvo at India’s booming SUV market: the Alcazar. The seven-seat… Continue reading Hyundai reveals Alcazar premium SUV

Renault Triber surpasses 75,000-unit sales in 21 months

The Renault Triber has notched a new sales milestone – 75,000 units and counting. Launched on August 28, 2019, the seven-seater SUV has given the French carmaker a new charge in the Indian market. From a utility vehicle market share of 1.57% in FY2019, Renault India closed FY2021 with 4.79% UV market share. And it… Continue reading Renault Triber surpasses 75,000-unit sales in 21 months

Pulling out of Ssangyong and Ford JV were very difficult calls of my career, says Pawan Goenka

Steering Mahindra to top of the ladder in the face of rising global competition, Goenka reflected on the string of partnerships, their shelf life and how Mahindra took bold calls of giving up on some of them and deciding to go on its own. Pawan Goenka, a few days before he retired from Mahindra &… Continue reading Pulling out of Ssangyong and Ford JV were very difficult calls of my career, says Pawan Goenka