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.
Tag: Strategy
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
CATL y ZEEKR firman un acuerdo de cooperación estratégica de cinco años
– CATL y ZEEKR firman un acuerdo de cooperación estratégica de cinco años, el primer volumen de baterías Qilin para alimentar los modelos ZEEKR NINGDE, China, 29 de agosto de 2022 /PRNewswire/ — El 27 de agosto, CATL y ZEEKR anunciaron conjuntamente a ZEEKR como la primera marca de automóviles que funciona con baterías Qilin… Continue reading CATL y ZEEKR firman un acuerdo de cooperación estratégica de cinco años
@Geely: Geely Auto Secures US$400m Sustainable Club Loan to Accelerate Green Transformation
Geely Automobile Holding Ltd. (HK.0175) becomes first Chinese automaker to secure an overseas sustainable club loan Credit facility oversubscribed with participation by seven international lenders Loan agreement will support the company’s R&D of technologies and production of vehicles in new energy segment 2022 August 26th, Hong Kong and Hangzhou. Geely Automobile Holdings Ltd (HK.0175) (Geely… Continue reading @Geely: Geely Auto Secures US$400m Sustainable Club Loan to Accelerate Green Transformation
Singapore-based Heritas Capital launches $50m impact fund
Singapore-based private equity firm Heritas Capital has launched a $50-million impact fund, seeking to back 10-15 innovative and high-growth social enterprises across Asia. The vehicle, Asia Impact First Fund (AIFF), will look for social businesses “with a clear and demonstrated social and/or environmental impact, and viable business growth plans”, Heritas Capital said in a statement.… Continue reading Singapore-based Heritas Capital launches $50m impact fund