Saudi’s Sidra Capital, BlackRock hold first close of APAC PE strategy

Saudi alternative asset manager Sidra Capital and BlackRock Alternatives have joined hands to hold the first close of the Sidra-BlackRock Asia-Pacific Private Equity Strategy, which will invest in Shariah-compliant private equity opportunities in the Asia-Pacific (APAC). The programme seeks to “access leading managers with compelling transactions” across the region, Sidra said in a statement. While… Continue reading Saudi’s Sidra Capital, BlackRock hold first close of APAC PE strategy

Hi Five World! Global campaign launched to celebrate Trip.com’s 5th anniversary

Trip.com has launched a range of highly competitive local campaigns across key markets Trip.com has had average annual app order growth of 127%; from 2020-2022 average monthly hotel orders increased by 21 % YoY and average monthly flight orders grew by 154% YoY Trip.com has had average annual app install growth of 101% and was listed… Continue reading Hi Five World! Global campaign launched to celebrate Trip.com’s 5th anniversary

Gestamp showcases EV-focused innovations at IZB 2022

Gestamp, the Spanish multinational Tier 1 supplier which specialises in the design, development and manufacturing of metal components for the automotive sector, showcased an array of products and innovations at the IZB (International Suppliers Fair) 2022 held in Wolfsburg, Germany from October 11-13. The company displayed extreme size parts, battery boxes, cell-to-pack concepts, joining technologies,… Continue reading Gestamp showcases EV-focused innovations at IZB 2022

Country’s EV companies making inroads in Europe

An electric vehicle made by Chinese carmaker XPENG is displayed at an exhibition in Stockholm, Sweden, in April. [Photo/Xinhua] Chinese carmakers are trying to make an impact in Europe, the birthplace of modern vehicles, as the global auto industry is shifting toward electricity. Great Wall Motors, China’s largest maker of pickups and sport utility vehicles,… Continue reading Country’s EV companies making inroads in Europe

GWM showcases NEV models at Paris auto show

A Great Wall Motors representative presents its models in Paris, France, on Oct 17, 2022.[Photo provided to chinadaily.com.cn] China’s largest SUV maker Great Wall Motors unveiled on Monday five NEV models under its two marques at the ongoing Paris auto show. Two of the five models, the Wey Coffee 01, a plug-in hybrid, and the… Continue reading GWM showcases NEV models at Paris auto show

BMW Group to build EVs in North America

BMW Group continues the roll-out of its electromobility plan with a new investment in the US to expand Plant Spartanburg and the company’s manufacturing footprint in North America. BMW Group Chairman of the Board of Management, Oliver Zipse, has announced US$1.7 billion worth of investment in its US operations, including $1 billion to prepare for the… Continue reading BMW Group to build EVs in North America

Why Rivian, Ford, and Nio Stocks Popped Today

Reuters Videos Stocks end higher as hopes for less aggressive Fed grow STORY: U.S. stocks surged on Friday, with each of the three major indexes notching their biggest weekly percentage gains in four months, after a Wall Street Journal report said that some Federal Reserve officials expressed a desire to slow down the pace of… Continue reading Why Rivian, Ford, and Nio Stocks Popped Today

@niche: Xos Announces Appointment of Stuart Bernstein to Board of Directors002261

LOS ANGELES, Oct. 21, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading technology company that provides fleet services, software solutions, and manufactures Class 5 through Class 8 battery-electric commercial vehicles, today announced that Stuart Bernstein has joined the Board of Directors (the “Board”), effective October 20th. Mr. Bernstein will serve as a member… Continue reading @niche: Xos Announces Appointment of Stuart Bernstein to Board of Directors002261

FTA talks on track, India following political developments in UK: Piyush Goyal

Union Minister for Commerce and Industry Piyush Goyal Commerce and industry minister Piyush Goyal on Thursday said India’s talks with the UK on the proposed free trade agreement (FTA) are well on track, but New Delhi will have to “wait and watch” the ongoing political developments in Britain. Goyal’s statement came after the resignation of… Continue reading FTA talks on track, India following political developments in UK: Piyush Goyal

Ola Electric to launch new mass-market e-scooter today

Ola Electric has reworked its product and pricing strategies and October 22, 2022 is the day when its new e-scooter launch will take place around 2.00pm. What we know so far: – Model name: Ola Air– Range on single charge: 100km (IDC)– Hub motor output: 4.5kw– Performance: 0-40kph: 4.3sec– Battery capacity: 2.5kwh– Display: 7-inch touchscreen– Prices: From Rs 79,999 Ola… Continue reading Ola Electric to launch new mass-market e-scooter today