Singapore introduces new work visa for those earning at least S$30,000 a month

Singapore on Monday announced new work visa rules to woo foreign talent as the Asian financial hub looks to bolster its recovery from the COVID19 pandemic. The measures include a new five-year visa for people earning at least S$30,000 ($21,445.42) a month that allows holders to job for multiple companies at one time and grants their spouses eligibility to work. The new visa will be available from January. Singapore, a popular location for foreign firms… Continue reading Singapore introduces new work visa for those earning at least S$30,000 a month

Energica announces Energica Week 2022: an electric gathering of the global Energica community

MODENA, Italy, Aug. 29, 2022 /PRNewswire/ — Energica Motor Company, a subsidiary of Ideanomics (NASDAQ: IDEX) and a leading company of high-performing electric motorcycles, announced today that the dates for Energica Week 2022 are confirmed for Sept. 5 – 9, 2022. This annual get-together of the Energica community was born in 2021 and has laid the foundation to… Continue reading Energica announces Energica Week 2022: an electric gathering of the global Energica community

Mercedes-Benz India appoints Santosh Iyer as MD and CEO from January 2023

Santosh Iyer: “We have a fantastic winning team comprising our colleagues and franchise partners with proven records, and I am eager to continue this winning story.” Luxury car market leader Mercedes-Benz India has announced a top-management organisational change. The company has elevated Santosh Iyer, currently its Vice-President, Sales & Marketing, to the post of Managing… Continue reading Mercedes-Benz India appoints Santosh Iyer as MD and CEO from January 2023

LG Energy Solution and Honda to Form Joint Venture for EV Battery Production in the U.S.

SEOUL, South Korea, Aug. 29, 2022 /PRNewswire/ — LG Energy Solution (LGES; KRX: 373220) and Honda Motor Co., Ltd. (NYSE:HMC) today announced an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market. With this agreement, LGES and Honda… Continue reading LG Energy Solution and Honda to Form Joint Venture for EV Battery Production in the U.S.

India’s Merak Ventures launches $100m fund to invest in 18-20 early-stage startups

Merak Ventures, an early-stage venture capital firm, has launched a new fund with a target corpus of $100 million to invest in 18-20 Indian startups over the next three-four years, it said in a press statement. While the fund will remain sector-agnostic, some investment themes it will proactively chase include climatetech (encompassing agritech, mobility, carbon,… Continue reading India’s Merak Ventures launches $100m fund to invest in 18-20 early-stage startups

@Honda: LG Energy Solution and Honda to Form Joint Venture for EV Battery Production in the U.S.

Seoul, Korea, August 29, 2022 –LG Energy Solution (LGES; KRX: 373220) and Honda Motor Co., Ltd. (NYSE:HMC) today announced an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market.  With this agreement, LGES and Honda will invest… Continue reading @Honda: LG Energy Solution and Honda to Form Joint Venture for EV Battery Production in the U.S.

Coor extends IFM agreement with Volvo Cars

STOCKHOLM, Aug. 29, 2022 /PRNewswire/ — Since 2005, Coor has delivered facility management services to Volvo Cars. The company has now chosen to extend the collaboration regarding IFM services, including cleaning, reception, service desk and waste management. The agreement spans three years with an extension option for a further two years, and is worth some… Continue reading Coor extends IFM agreement with Volvo Cars

CATL firma un acuerdo con SERES para suministrar baterías Qilin para los nuevos modelos AITO

– CATL firma un acuerdo de cooperación estratégica de cinco años con SERES, según el cual suministrará baterías Qilin para los nuevos modelos AITO NINGDE, China, 29 de agosto, 2022 /PRNewswire/ — El 27 de agosto, CATL y SERES anunciaron conjuntamente que las baterías Qilin alimentarán los nuevos modelos AITO. Las dos partes han firmado… Continue reading CATL firma un acuerdo con SERES para suministrar baterías Qilin para los nuevos modelos AITO

With ALJ on board, Greaves Electric set to go flat out 

It was a little over two months ago when Jeddah-based Abdul Latif Jameel (ALJ) invested $150 million for a 35 percent stake in Greaves Electric Mobility. It will invest an additional $70 million going forward as part of a total commitment of $220 million in this electric arm of Greaves Cotton. The money will be… Continue reading With ALJ on board, Greaves Electric set to go flat out 

@BMW: BMW M Team RLL Finishes Fifth in GTD PRO at VIRginia International Raceway. Paul Miller Racing P3, Turner Motorsport P7 in GTD.002217

Woodcliff Lake, N.J. – Aug. 28, 2022 . . . The No. 25 BMW M Team RLL BMW M4 GT3 finished fifth in the GTD PRO class in today’s two-hour-and-forty-minute Michelin GT Challenge at VIR, the result not indicative of the team displaying a much more competitive day than shown in the last few rounds… Continue reading @BMW: BMW M Team RLL Finishes Fifth in GTD PRO at VIRginia International Raceway. Paul Miller Racing P3, Turner Motorsport P7 in GTD.002217