Maruti Suzuki India appoints Hisashi Takeuchi as the new MD & CEO
The Board of Directors of Maruti Suzuki India Limited appointed Hisashi Takeuchi as the Managing Director and Chief Executive Officer with effect from 1st April 2022, consequent to the completion of the term of Kenichi Ayukawa on 31st March 2022. In order to facilitate smooth transition, Kenichi Ayukawa will continue as a Whole-time Director designated […]
BYD partners Shell for electric vehicle charging stations in China and Europe
BYD and Shell have signed a strategic cooperation agreement to help accelerate the energy transition and improve charging experience for BYD’s battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) customers, enlarging customer value. The partnership will start in China and Europe and will extend to other regions across the globe. For private and […]
VR Group to acquire Arriva Sverige to expand its mobility portfolio in Sweden
VR Group is acquiring the Swedish bus and rail company Arriva Sverige. Arriva Sverige operates in urban transport in Stockholm, and in regional transport in southern and southeastern Sweden. Through the transaction, VR Group aims to grow and strengthen its position and competitiveness as an urban transport operator and boost the electrification of the Swedish […]
Symphony Technology Group launch Skyhigh Security to meet growing demands
Symphony Technology Group (“STG”), a leading Menlo Park-based private equity firm focused on the software, data, and analytics sectors, today announced the launch of Skyhigh Security. The new portfolio company was created to satisfy the growing cloud security requirements for large and small organizations. Skyhigh Security’s approach extends security beyond data access to securing how […]
85% of Singaporeans got a Covid-19 vaccine on the basis of the quality of customer experience in government
More than 8 in 10 Singaporeans (85%) said the experience provided by government agencies – such as available information and easy to use booking systems – impacted their decision to get a Covid-19 vaccine, according to new Qualtrics research released today. For 41% of respondents, the experience had a significant impact on their decision. At […]
Four in five SMEs in Singapore unable to secure adequate business funding
More than four in five (86%) small and medium-sized enterprises (SMEs) in Singapore have been unable to secure sufficient, or any, funding on at least one or more occasion over the last five years, according to a new report from cloud banking platform Mambu. The ‘Small business, big growth’ report surveyed over 1,000 SME owners globally, including […]
2022 China Metaverse Week to commence from May 20
Metaverse is a new generation technology platform of great commercial and social value. Based on 5G/6G, artificial intelligence, AR/VR, cloud computing, IoT and other new generation information infrastructures, metaverse realizes virtualization and digitization of the real world through large-scale transformation of economic systems, user experience and content of the physical world, and is supported by […]
Hyundai Motor Company signs MoU with Indonesia for new plant
Hyundai Motor Company recently inaugurated Hyundai Motor Manufacturing Indonesia, its first factory in Southeast Asia, located in Deltamas industrial complex near Cikarang, Indonesia, 40 kilometers east of the capital city of Jakarta. The inauguration follows Hyundai’s signing of a Memorandum of Understanding (MOU) with the Indonesian government to build and operate a local manufacturing plant […]
Geely tests methanol hybrid sedan car in sub -40°C Arctic conditions
In the frigid northern Chinese province of Heilongjiang, Geely brought what is claimed to be the world’s first methanol hybrid sedan to test its performance in sub -40°C Arctic conditions. Geely’s latest Methanol Hybrid Emgrand is based on Geely Auto’s fourth generation B-Segment Modular Architecture (BMA) Emgrand sedan. The new Emgrand on 100% clean methanol […]
Arcelor Mittal invest €300m for new electrical steels plant in France
ArcelorMittal has announced an investment of more than €300m, with the support of the French government, to create a new production unit for electrical steels at its Mardyck site in the north of France. This investment will create more than 100 direct jobs. With this new unit, which will specialise in the production of electrical […]
