Baua Electric

MARCH 4, 2024

The deal will help finance the PAK Lithium Project mine and a planned lithium chemicals conversion facility, Frontier said, as the company aims to become a major supplier of the key mineral used in EV batteries to the North American supply chain.

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Baua Electric

MARCH 5, 2024

CFO – Nitin Goe New Delhi: Lohum Cleantech India’s leading producer of sustainable energy transition materials via battery recycling and raw material refining, and battery repurposing, Tuesday appointed three renowned industry stalwarts to strengthen its leadership team.

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Baua Electric

APRIL 22, 2024

New Delhi: Log9 , a leading developer of advanced battery cell technology and electric mobility ecosystem products, has rebranded its mobility business as Amphion , a full-stack EV asset management company. Amphion was launched at Day Zero 2024, Log9’s annual event.

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Baua Electric

MARCH 27, 2024

New Delhi: Zoomcar Holdings, Inc., With this partnership, ACKO Drive is offering Zoomcar Hosts substantial savings of up to INR 85,000 on new car purchases along with attractive offers on car financing with instant loan approval, express car delivery and more.

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Baua Electric

APRIL 17, 2024

Mining conglomerate Vedanta Ltd has secured an 11-year term loan of INR 3,918 crore from Power Finance Corporation Ltd ( PFC ), sources said. The latest financing follows Vedanta group’s takeover of Meenakshi Energy Ltd on December 28 in an NCLT-driven insolvency process. GW by FY27, sources with knowledge of the matter said.

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Baua Electric

MAY 21, 2024

Last November, Zimbabwe’s finance minister Mthuli Ncube said the government had given miners up to March 2024 to submit plans on refining within the country. Currently, Chinese lithium miners , who dominate the sector in Zimbabwe, only produce lithium concentrates which they ship to China for further processing.

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Baua Electric

APRIL 16, 2024

sources of the key electric vehicle battery metal, although key financing and local regulatory challenges remain. Piedmont must still obtain a local zoning variance and financing for the project, estimated to cost more than USD 1 billion. Low lithium prices may also hobble Piedmont’s financing attempts, analysts said.

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Baua Electric

MARCH 4, 2024

Indian Auto Tech company CARS24 ‘s wholly-owned subsidiary, CARS 24 Financial Services, on Tuesday announced a strategic partnership with Credgenics to facilitate a digital-first approach in the business. We are excited about the upcoming features and the continued innovation that Credgenics brings to the table.”

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Baua Electric

MAY 13, 2024

Besides Ankush, whose lending startup Avail Finance was acquired by ANI Technologies in 2022, the CXO team includes executives like chief financial officer Kartik Gupta and chief business officer Sidharth Shakdher. Both Gupta and Shakdher have been with Ola Cabs for less than one and a half years.

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Baua Electric

JANUARY 29, 2024

On Monday, BluSmart said it also secured long-term EV asset financing of USD 200 million with backing from leading development financial institutions. On Monday, BluSmart said it also secured long-term EV asset financing of USD 200 million with backing from leading development financial institutions.

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Baua Electric

APRIL 24, 2024

New Delhi: Chargeup , a leading battery financing and full stack EV asset management platform , plans to onboard 1 lakh drivers within the next 3 years and extend its reach to 1 million drivers across 30 cities within 5 years.

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Baua Electric

JANUARY 21, 2024

This has also led to the decline of the entry level segment which has not seen any new offerings,” said Ravi Bhatia, president, JATO Dynamics The used passenger vehicle market is currently estimated at 5.5 million units, growing 10-12% annually, compared to the new PV market of just over 4 million units. for new ones.

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Baua Electric

APRIL 29, 2024

On April 12, ONDC-backed Namma Yatri, which was focused on auto rickshaws, launched cab services in Bengaluru, where it will charge a daily subscription instead of a commission per ride, which is the model used by Ola and Uber. However, these three companies firmly remain in the red.

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Baua Electric

MARCH 18, 2024

.””The onboarding of these EVs was facilitated through Assure by BluSmart , a unique opportunity for retail and institutional investors with access to capital to help finance the transition to electric mobility. Through Assure, institutions can finance the purchase of electric cars and lease them to BluSmart against fixed rentals.”

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Baua Electric

APRIL 2, 2024

Finally, BIS compliance can unlock new financing avenues for Log9. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post LTO batteries of Log9 Materials receive BIS certification – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

JANUARY 11, 2024

Earlier, CarTrade had acquired CarWale and BikeWale in the online new and used car and two-wheeler space. While auto still continues to comprise 80% of revenues at the Group, Sanghi said the focus will also be on expanding non-auto business verticals going ahead. CarTrade is a platform for classified automobile ads.

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Baua Electric

APRIL 9, 2024

Naoya Nishimura as CEO for India, Africa region New Delhi: Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan, and a manufacturer of two-wheeler and four-wheeler transmission components in India, has appointed Naoya Nishimura as its Chief Executive Officer (CEO).

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Baua Electric

JANUARY 23, 2024

The bus stations will be developed under the DBFOT (design, build, finance, operate and transfer) model. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Govt receives bids to develop 15 bus stations – ET Auto appeared first on Bauaelectric Auto News.

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Auto Financing Insight Commercial 40

Baua Electric

JANUARY 20, 2024

A company statement said the Steel Ministry suspended V S Chakravarthy, Director (Commercial), and A K Tulsiani, Director (Finance). In compliance with instructions from the centre, SAIL also placed 26 Below Board Level officials of the Company on suspension with immediate effect.

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Baua Electric

MARCH 19, 2024

Backed by Mufin Green Finance Limited, Urja Mobility will purchase advanced high-quality battery packs from Neuron Energy. These battery packs will then be leased to 3Eco for their esteemed EV initiative.

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Baua Electric

MARCH 26, 2024

The executive in charge of the company’s international operations will leave, as will the company’s finance chief. Johnston and Kochhar had essentially run the company together, although the reorganization will see Johnston stepping back.

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Baua Electric

JANUARY 28, 2024

Khattar, who also holds the portfolio of finance, in his budget speech for the fiscal year 2023-24 had announced that city bus services would be initiated in nine municipal corporations and Rewari city. According to the statement, the existing city bus services in Gurugram, Manesar, and Faridabad will be expanded.

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EV Life

AUGUST 10, 2023

This article will explore what makes the F-150 Lightning such an impressive addition to Ford’s growing EV lineup, as well as compare the six different trims available. We’ll also take a look at the best way to save money when financing your Lightning purchase through an EV Climate Loan with EV Life.

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Baua Electric

MAY 20, 2024

A report by Senate Finance Committee Chairman Ron Wyden’s staff said BMW imported 8,000 Mini Coopers with parts from a Chinese supplier banned under a 2021 law and that BMW continued to import products with the banned parts until at least April. . Senate report released on Monday said.

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Baua Electric

MARCH 27, 2024

This initiative will be supported by 1 billion dollars in concessional finance and other commercial funding. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post Role of Batteries in Clean Energy Transitions – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MARCH 1, 2024

The project will be financed through a mix of subsidies, equity, and potential bank borrowings as required, a press release said. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the project of the JV under India’s Semiconductor scheme on February 29, 2024. The JV plans to invest INR 7,600 crore in five years.

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Baua Electric

MARCH 18, 2024

The companies are planning to explore and assess potential commercial hyperloop transportation routes in India, and develop a strategic blueprint for financing and constructing the system.

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Baua Electric

MARCH 13, 2024

” That chimes with a January study by SEO Economic Research commissioned by the Finance Ministry that found a third of Dutch multinationals would consider moving operations abroad in the next two years. “You’d need two hands to count them.”

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Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

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Baua Electric

MARCH 15, 2024

billion) into a financing facility to support exports. Download ETAuto App Get Realtime updates Save your favourite articles Scan to download App The post It’s too late to China-proof the lithium supply chain – ET Auto appeared first on Bauaelectric Auto News.

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Baua Electric

MAY 1, 2023

Australia Pacific Coal is on track to restart a thermal coal mine in New South Wales state in the fourth quarter after it secured a supply agreement with a global coal buyer, it said on Monday. In March it had said it expected to restart in the second half of 2023.

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Baua Electric

MARCH 12, 2024

“After a review, we decided Tata is the best choice because of financing, a prestige company and the size of the company. “Several big companies wanted to get this support for a technology transfer,” Huang said. With the kind of money they have and the government subsidy, they should be able to do the job.

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Teslarati

NOVEMBER 3, 2022

In an interview with German news site Muenchner Merkur , reported by Reuters , Finance Chief Nicholas Peter of BMW Group said the company is considering implementing a direct-to-consumer sales model that could circumvent their dealer networks for both their MINI and BMW brands. What do you think of the article?

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Baua Electric

JANUARY 10, 2024

New Delhi: Switch Mobility Ltd (‘Switch’), the manufacturer of next-generation carbon neutral electric bus and light commercial vehicles, and a part of the Hinduja Group, launched its double-decker bus at the Vibrant Gujarat Global Summit 2024.

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CN EV Post

MARCH 16, 2023

(Image from Enovate's Weibo) Enovate Motors, the Chinese new energy vehicle (NEV) startup that announced late last year that it would build a production base in Saudi Arabia, is actually facing financial woes in its home market. However, the good news is that it is about to receive life-saving money.

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CN EV Post

APRIL 25, 2023

A Hengchi 5 on display at the 2021 Shanghai auto show. Image credit: CnEVPost) Evergrande New Energy Vehicle Group (Evergrande NEV), the electric vehicle (EV) unit of China's Evergrande Group, has put production of its first model on hold, after warning of the risk a month ago. For more articles, please visit CnEVPost.

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Electric Vehicles India

DECEMBER 14, 2021

Electric vehicles are covered under Production Linked Incentive (PLI) scheme for automobile and auto components, which was approved on 15.09.2021 with a budgetary outlay of Rs. Also, read related article: Vehicle scrappage policy to reduce the cost of EVs says Nitin Gadkari. for a period of five years.

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