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Hyundai Motor Group deepens partnership with Grab to accelerate EV adoption in Southeast Asia

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are enhancing their ongoing strategic partnership in mobility services to focus on accelerating EV adoption in Southeast Asia. Hence, the enhanced partnership will focus on addressing some of these barriers by piloting new EV business models such as leasing EVs with a battery-as-a-service model or car-as-a-service model, and EV financing.

Asia 199
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Toyota begins collaboration with Grab on ride-hailing service in Southeast Asia; MSPF

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Toyota Motor Corporation (TMC), Toyota Financial Services Corporation (TFS), Aioi Nissay Dowa Insurance (Aioi) and Grab, Inc. Grab), the largest ride-hailing service company in Southeast Asia, are collaborating to provide ride-hailing services throughout Southeast Asia. Earlier post.).

Asia 150
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Pinnacle Engines appoints Asian Business Advisory Board; closes Series C financing

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Pinnacle Engines also announced closure of its Series C financing, bringing total investment in the company to more than $30 million. John Parker: In his 41-year career at Ford Motor Company, John focused on emerging markets in Asia and Africa, living and working throughout the region before returning to his homeland of Australia.

Financing 291
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CNPC’s first hydrogen station in Beijing in operation

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China National Petroleum Corporation (CNPC) recently put its first hydrogen station in Beijing into operation. Based in China, it has oil and gas assets and interests in more than 30 countries in Africa, Central Asia-Russia, America, the Middle East, Asia-Pacific, and other regions. In China, CNPC has 22,62 service stations.

Hydrogen 300
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Daimler to split into two pure-play companies: cars & vans, trucks & buses

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The Daimler Truck business will have fully independent management, stand-alone corporate governance including an independent Chairman of the Supervisory Board, and is targeted to qualify as a DAX company. Daimler intends that a significant majority stake in Daimler Truck will be distributed to Daimler shareholders.

Companies 497
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Skeleton Technologies to partner with Marubeni to bring its graphene SuperBattery to Asian automotive market

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Enabling carbon-neutral electrification is a key priority for Marubeni Corporation. —Masayuki Omoto, COO of Next Generation Business Development Division of Marubeni Corporation. Marubeni Corporation is a major conglomerate keen on advanced technology businesses and now becomes a key strategic partner for Skeleton Technologies.

Market 257
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DOE offers Ioneer conditional commitment for a loan of up to US$700M for Rhyolite Ridge project

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If finalized, LPO’s loan to the Rhyolite Ridge project would finance the on-site processing of lithium carbonate that could potentially support production of lithium for approximately 370,000 EVs each year. Earlier post.).

Nevada 199