Taken together, the measures aim to ensure the EU – the world’s third-largest emitter – meets its goal to cut net greenhouse gas emissions 55% by 2030, from 1990 levels. By 2019, EU emissions were 24% lower than in 1990. European Union policymakers on Wednesday set out a second set of proposals to cut emissions… Continue reading Part two of EU climate plan to tackle buildings, methane and fossil gas
Tag: Strategy
India’s first Green Hydrogen Microgrid Projects to be set up in Andhra
According to the Power Ministry, this will be India’s first green hydrogen-based energy storage project and one of the world’s largest. National Thermal Power Corporation Limited (NTPC) has awarded a standalone fuel-cell based Green Hydrogen Microgrid Project at Simhadri in Andhra Pradesh, informed the Ministry of Power on Wednesday. According to the Power Ministry, this… Continue reading India’s first Green Hydrogen Microgrid Projects to be set up in Andhra
REE, Hitachi join forces to accelerate EV adoption
Hitachi America and REE Automotive have announced newly formed strategic agreement to ease and accelerate the adoption of electric vehicles across the entire EV value chain, including enabling manufacturing at scale, delivering commercial vehicle charging infrastructure and energy management, and providing comprehensive digital fleet management and operations for full visibility across EV fleets as organisations… Continue reading REE, Hitachi join forces to accelerate EV adoption
Turo Adds Kim Jabal to Board of Directors
SAN FRANCISCO, Dec. 15, 2021 /PRNewswire/ — The world’s largest peer-to-peer car sharing marketplace, Turo, announced today the appointment of Kim Jabal, former CFO at Unity Technologies, to Turo’s Board of Directors where she will serve as the company’s Audit Committee Chairwoman. “Kim has a stellar track record as CFO of several high-growth tech companies; most… Continue reading Turo Adds Kim Jabal to Board of Directors
Top investors don’t call Vietnam a frontier market anymore. Watch the video here
Thanks to attractive macro fundamentals, SE Asia’s fast-growing economies, Vietnam in particular, are increasingly grabbing the interest of global private equity powerhouses. “Now people don’t call Vietnam a frontier market anymore,” Conrad Tsang, chairman & co-founder, Strategic Year Holdings Limited, said during the Vietnam-focused panel discussion at the Asia PE-VC Summit 2021. What is driving the shift… Continue reading Top investors don’t call Vietnam a frontier market anymore. Watch the video here
SGX to ask companies to make climate, board diversity disclosures next year
The Singapore Exchange (SGX) will start requiring companies to provide climate-related reporting as well as disclosures on board diversity from next year, the bourse said on Wednesday. All issuers must provide climate reporting on a “comply or explain” basis in their sustainability reports from the financial year starting 2022. Climate reporting will become mandatory for issuers in the financial,… Continue reading SGX to ask companies to make climate, board diversity disclosures next year
Canoo ends partnership with VDL Nedcar to manufacture EVs in Europe, partners with VDL Groep
Electric vehicle startup Canoo is ending its deal with Dutch automotive manufacturing company VDL Nedcar to serve as its contract manufacturer in Europe, according to a Securities and Exchange Commission filing on Wednesday. A separate filing reveals that Canoo will also be exploring a new deal with VDL Groep, another Dutch auto manufacturing company, to… Continue reading Canoo ends partnership with VDL Nedcar to manufacture EVs in Europe, partners with VDL Groep
Michigan lawmakers approve $1 billion incentive fund to attract new plants
LANSING — Michigan lawmakers voted late Tuesday to put $1 billion into a new fund intended to attract economic investment, such as a new GM battery plant that could be built in the Lansing area and create up to 1,700 full-time jobs. The $1 billion is to fund a new Strategic Outreach and Attraction Reserve (SOAR) Fund in the… Continue reading Michigan lawmakers approve $1 billion incentive fund to attract new plants
Ample’s John de Souza on the merits of B2B, company culture and investors who get it
The odds are against San Francisco-based electric vehicle battery swapping company Ample. Other companies have tried to build a business on exchanging dead batteries for fresh ones to solve the problem of long EV charge times: Fourteen years ago, Better Place raised nearly a billion dollars to do what Ample’s doing, and it ended up… Continue reading Ample’s John de Souza on the merits of B2B, company culture and investors who get it
Trip.com Group Limited Reports Unaudited Third Quarter of 2021 Financial Results
SHANGHAI, Dec. 15, 2021 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) (“Trip.com Group” or the “Company”), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced its unaudited financial results for the third quarter of 2021. Key Highlights for the Third Quarter of 2021 The… Continue reading Trip.com Group Limited Reports Unaudited Third Quarter of 2021 Financial Results