Tufan Erginbilgic to succeed Warren East as Chief Executive Officer of Rolls-Royce Holdings plc (PRESS RELEASE) LONDON, 26-Jul-2022 — /EuropaWire/ — Rolls-Royce (LSE:RR., ADR:RYCEY), the pre-eminent engineering company with focus on world-class power and propulsion systems, has announced the appointment of Tufan Erginbilgic as its new Chief Executive Officer in succession of Warren East who… Continue reading Europa Wire: Tufan Erginbilgic to succeed Warren East as Chief Executive Officer of Rolls-Royce Holdings plc000347
Tag: Strategy
China-focused ClearVue partners with NoLimit Holdings to invest in digital assetsClearVue has become the latest investment firm to join a rising trend…
China-focused consumer and technology growth equity firm ClearVue Partners has entered into a partnership with NoLimit Holdings (NLH) to set up a new venture to invest in digital assets, the companies announced on Tuesday. The venture, named CVP NoLimit Holdings, will invest in digital assets across seed, strategic, and private rounds of token projects from… Continue reading China-focused ClearVue partners with NoLimit Holdings to invest in digital assetsClearVue has become the latest investment firm to join a rising trend…
Carousell acquires Indonesian used-phone platform Laku6 in $25m deal
Singapore-based online classifieds marketplace operator Carousell has acquired Laku6, an Indonesia-based used-phone e-commerce site, in a transaction worth $25 million as it looks to boost sales in a rapidly-growing secondhand phone market. According to a statement on Tuesday, Carousell was supported by its investor, the Temasek-backed Heliconia Capital, to invest in and gain control of… Continue reading Carousell acquires Indonesian used-phone platform Laku6 in $25m deal
PAG acquires 51% effective interest in Yip’s Chemical’s solvents business for $340m
APAC-focused alternative investment firm PAG has signed an agreement to acquire 51% effective interest in Handsome Chemical Group from Yip’s Chemical Holdings Limited for RMB 2,295 million (approximately $340 million). According to an announcement, PAG will work with Yip’s Chemical and other existing shareholders to further build up the business, vertically integrating Handsome Chemical’s production… Continue reading PAG acquires 51% effective interest in Yip’s Chemical’s solvents business for $340m
Fosun Showcases its Endogenous Growth at the China International Consumer Products Expo
The CICPE is the only national level expo in China focusing on consumer goods and the largest consumer expo in the Asia-Pacific region. As a global innovation-driven consumer group, Fosun once again participates in the expo. Thanks to the globalization and technology innovation capabilities that Fosun has accumulated over years, as well as leveraging its… Continue reading Fosun Showcases its Endogenous Growth at the China International Consumer Products Expo
EV funding in the fast lane
EV sales are picking up at a fast and a furious pace and if there is another aspect of EVs that’s able to keep track, it is no doubt the investment in EVs. While retail sales of EVs hit their highest in FY2022 and just Q1 sales of FY23 account for 49 percent of FY22’s… Continue reading EV funding in the fast lane
Tata Motors in tie-up with Indian Bank for car loans
Tata Motors has announced that it has entered into a partnership with Indian Bank to facilitate financing for its passenger vehicle customers. This strategic partnership aims to provide customised loans from across over 5,700 branches of Indian Bank across India, the company said in a statement. As per a press note, the financing will be available at… Continue reading Tata Motors in tie-up with Indian Bank for car loans
@niche: Sono Motors Unveils Production Design of Its ‘Sion’ Solar-Electric Passenger Car And ‘Solar Bus Kit’ For Public Transportation Fleets002036
Munich-Based Solar Mobility OEM Sono Motors Mark Two World Premieres at Its First “Celebrate the Sun” Community Event The Sion, the World’s First Solar Electric Vehicle (SEV) For the Masses, Debuted in Its Production Design All New ‘Solar Bus Kit’ Underscores the Move From Prototype Projects to a Scalable Solution Contributing to Climate Protection and… Continue reading @niche: Sono Motors Unveils Production Design of Its ‘Sion’ Solar-Electric Passenger Car And ‘Solar Bus Kit’ For Public Transportation Fleets002036
3 indicators to watch for on GM Q2 earnings day
The auto industry’s woes are far from over, but the second half of the year represents a return to planning for the future rather than responding to short-term supply chain crises. General Motors, which reports its second-quarter financial results Wednesday, is ready to roll into the third-quarter with an eye toward long-term strategy. The automotive… Continue reading 3 indicators to watch for on GM Q2 earnings day
Electric Trucks Market is anticipated to reach a CAGR of 26.6% by 2029, Share, Size, Price, Growth, Demand, Statistics and Segmentation Analysis
BERLIN, July 26, 2022 /PRNewswire/ — Data Bridge Market Research in its report titled of Global Electric Trucks Market offers comprehensive insights and detailed research on this market. The report covers the key factors that are propelling the growth of the Electric Trucks market, untapped lucrative opportunities for manufacturers, latest trends and latest developments that are shaping… Continue reading Electric Trucks Market is anticipated to reach a CAGR of 26.6% by 2029, Share, Size, Price, Growth, Demand, Statistics and Segmentation Analysis