The investment will help the company commercialise and grow its long-duration energy storage systems business globally. RNESL will invest $50 million to acquire 42.3 million shares of preferred stock in Ambri. Mumbai: Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), along with strategic investors Paulson & Co. Inc.… Continue reading Reliance to invest in US-based battery maker and energy storage firm Ambri Inc
Tag: Strategy
Volta Charging And Place Exchange Announce Strategic Partnership
“We are excited to offer advertisers access to Volta Charging inventory combined with the programmatic buying benefits of ease, flexibility and automation,” said Nick Bennett, Vice President of Partnerships at Place Exchange. “This partnership with Volta Charging enables marketers to further expand their reach to valuable target audiences with high-impact place-based digital displays in prime… Continue reading Volta Charging And Place Exchange Announce Strategic Partnership
GWM Holds 2021 Overseas Distributors Online Conference, Aiming to Win Globally with Continuous Change
GWM achieved sales growth against the backdrop of the continued rebound of COVID-19 and the global chip shortage. From January to July, 2021, the overall sales volume of GWM exceeded 700,000 units, a year-on-year increase of 49.9%, and overseas sales exceeded 74,000 units, a year-on-year increase of 176.2%, accounting for 10.4% of the overall sales,… Continue reading GWM Holds 2021 Overseas Distributors Online Conference, Aiming to Win Globally with Continuous Change
Anand Mahindra: Environment and business goals are closely interlinked
Climate change is upon the world and how. The Intergovernmental Panel on Climate Change (IPCC) has issued a warning that human-induced climate change is already affecting many weather and climate extremes in every region across the globe. UN Secretary-General Antonio Guterres said the Working Group’s report is nothing less than “a code red for humanity,” adding that the internationally-agreed threshold of… Continue reading Anand Mahindra: Environment and business goals are closely interlinked
Full Truck Alliance Co. Ltd. Announces Second Quarter 2021 Unaudited Financial Results
GUIYANG, China, Aug. 10, 2021 /PRNewswire/ — Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial and Operational Highlights Total net revenues in the second quarter of 2021 were RMB1,118.8 million (US$173.3… Continue reading Full Truck Alliance Co. Ltd. Announces Second Quarter 2021 Unaudited Financial Results
RIL and partners to invest $144 mn in US-based energy storage company
New Delhi: Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries (RIL), along with strategic investors Paulson & Co. Inc. and Bill Gates, and a few other investors, has announced an investment of $144 million in Ambri Inc, an energy storage company based in Massachusetts, USA. The investment will help the company… Continue reading RIL and partners to invest $144 mn in US-based energy storage company
Atlas Reports Second Quarter 2021 Results
Comments from Management: Bing Chen, President and CEO of Atlas, commented, “Our strong second quarter performance was at the high end of our expected range, enabling us to raise financial guidance for 2021. Increasing our financial guidance reflects both our strong first half performance and the confidence we have in delivering continued high-performance over the… Continue reading Atlas Reports Second Quarter 2021 Results
Volkswagen’s new SUV coupé ID.5 GTX to hit dealers next year
Volkswagen is set to introduce its SUV coupé ID.5 GTX as a disguised concept at the IAA Munich Motor Show. The first SUV coupé based on the Modular Electric Drive Matrix (MEB), the ID.5 GTX is fully connected, can receive updates over-the-air and is fitted with Car2X technology. The ID.5 GTX is the first all-electric… Continue reading Volkswagen’s new SUV coupé ID.5 GTX to hit dealers next year
LotLinx Releases Enhanced VIN View Optimizer to Analyze Dealership Marketing Spends
The VVO gives dealers complete transparency into their inventory, down to the VIN-level, in one easy tool. LotLinx fully integrates with a dealer’s existing Google Analytics to track engagements from every online source, including third parties and SEM. VVO then analyzes a store’s entire inventory exposure to identify the most profitable pricing and promotion opportunities… Continue reading LotLinx Releases Enhanced VIN View Optimizer to Analyze Dealership Marketing Spends
Geely recharges Renault’s Chinese ambitions with hybrid tie-up
BEIJING — Volvo Car owner Geely will team up with the Renault group on hybrid vehicles in China and South Korea, in the latest European alliance for the largest private-sector Chinese automaker in the world’s biggest auto market. Zhejiang Geely Holding Group is expected to take a majority stake in a new joint venture under… Continue reading Geely recharges Renault’s Chinese ambitions with hybrid tie-up