Fontinalis Partners, a mobility-focused venture firm with offices in Detroit and Boston, closed a $104m third fund. Fontinalis III brings the firm’s total committed capital to approximately $270m, and the fund is comprised of more than 30 limited partners spanning institutional investors, individuals & family offices, and corporate investors with strategic relevance to mobility. In… Continue reading Fontinalis Partners Closes $104M Fund III
Tag: Strategy
World NM: Nation’s low-carbon pursuit charges NEV sector001491
BEIJING－China, the world’s largest car market, has seen its new energy vehicle (NEV) industry enter the fast lane, powered by the country’s low-carbon strategy and surging demand. China’s NEV industry has entered a new phase of development thanks to the country’s clear policy signals on low-carbon growth and many years of efforts in the sector.… Continue reading World NM: Nation’s low-carbon pursuit charges NEV sector001491
Is the automotive sector ready to face the transition to the electric vehicle?
23 August, 2021 Posted by: Jorge Platero Category: Faconauto News Despite the increase in sales, more needs to be done to attract consumers and meet the targets set for the coming years. Car Dealer Magazine has analyzed in a special article how it is today the transition to the electric vehicle. In general, he points… Continue reading Is the automotive sector ready to face the transition to the electric vehicle?
Tesla (TSLA) starts Model Y deliveries in Europe
Tesla (TSLA) has officially started Model Y deliveries in Europe. It was a long wait for customers, and interestingly the first deliveries were achieved through a change in strategy for Tesla. Tesla first unveiled the Model Y in March of 2020 and delivered the first units of the electric SUV in the US almost exactly… Continue reading Tesla (TSLA) starts Model Y deliveries in Europe
India · 8:23 AM UTCIndia court gives police three weeks to conclude Paytm ownership probeAn Indian court on Monday has given police three weeks to con…
NEW DELHI, Aug 23 (Reuters) – An Indian court on Monday has given police three weeks to conclude an investigation into claims from a former Paytm director who said he co-founded the digital payment platform but did not receive shares owed. Ashok Kumar Saxena, 71, in legal documents said he invested $27,500 two decades ago… Continue reading India · 8:23 AM UTCIndia court gives police three weeks to conclude Paytm ownership probeAn Indian court on Monday has given police three weeks to con…
India: IPO-bound Paytm partners with HDFC Bank for financial solutions
The fusion of HDFC Bank’s network, products, and credit appraisal capabilities and Paytm’s technological platform will accelerate digital transformation in semi-urban and rural India, while bringing more people into formal banking channels, the two companies said. The strategic partnership with the country’s largest private bank comes ahead of the proposed initial public offering (IPO) of Paytm,… Continue reading India: IPO-bound Paytm partners with HDFC Bank for financial solutions
@VINFAST: News Release VinFast partners with Gotion High-Tech in LFP battery cell R&D Vingroup VinFast LLC and Gotion High-Tech Co., …
News release by Vingroup HANOI, VIETNAM | August 22, 2021 09:30 PM Eastern Daylight Time VinFast LLC and Gotion High-Tech Co., Ltd (China) – a reputable name in the global clean energy sector – signed an MoU, focusing on the procurement of Gotion LFP batteries and discussion of the possibility to establish a Giga… Continue reading @VINFAST: News Release VinFast partners with Gotion High-Tech in LFP battery cell R&D Vingroup VinFast LLC and Gotion High-Tech Co., …
AT&T and GM redefine automotive connectivity with 5G
General Motors and AT&T will bring 5G cellular connectivity to millions of GM vehicles coming off the assembly line over the next decade in the United States. GM and AT&T are working together to redefine automotive connectivity with a fifth generation cellular network architecture to meet the needs of an all-electric and autonomous future. GM… Continue reading AT&T and GM redefine automotive connectivity with 5G
People Digest: Binance Singapore names CEO; Deutsche Bank appoints APAC wealth solutions head
Binance Singapore has appointed Richard Teng as Chief Executive Officer while Deutsche Bank has appointed Dominique Jooris as head of wealth solutions coverage for Asia-Pacific. Binance Singapore appoints CEO Binance Singapore, the fiat-to-crypto platform for trading of cryptocurrencies in Singapore Dollars (SGD), has announced the appointment of Richard Teng, former chief of Financial Services Regulatory… Continue reading People Digest: Binance Singapore names CEO; Deutsche Bank appoints APAC wealth solutions head
Stock take: the race is on to decarbonise our roads
While the measures being taken to decarbonise road transport in the coming years have been covered in great detail, less media attention has been paid on how to decarbonise roads themselves. Highways England recently released a report outlining its approach to lowering emissions in the future. In essence, the government agency wants its own operational… Continue reading Stock take: the race is on to decarbonise our roads