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Renault India joins with Bajaj Finance to offer financing solutions to its customers – ET Auto

Baua Electric

Renault India and Bajaj Finance are confident that this collaboration will strengthen their position in the market and reaffirm their shared mission of providing outstanding auto financing solutions to customers. RIPL), the European car brand in India, has partnered with Bajaj Finance Ltd., New Delhi: Renault India Pvt Ltd.

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Murugappa Group arm-led JV to invest INR 7,600 cr to build OSAT facility in Gujarat – ET Auto

Baua Electric

New Delhi: CG Power and Industrial Solutions Limited, a part of Tube Investments of India Limited and the Murugappa Group; Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions; and Stars Microelectronics (Thailand) Public Co. The JV plans to invest INR 7,600 crore in five years. The JV will be 92.3%

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Chinese self-driving startup WeRide plans to start autonomous vehicle testing in Singapore this year

CN EV Post

WeRide will work with Strides, a subsidiary of Singapore's largest public transport operator SMRT, to test and pilot self-driving vehicles in the Southeast Asian country, according to an article yesterday on its official WeChat account. For more articles, please visit CnEVPost.

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Ardian, FiveT Hydrogen launch largest clean hydrogen infrastructure investment platform Hy24; €1.5B for first fund

Green Car Congress

Of this, €800 million has already been committed by a leading group of industrial and financial investors active in clean hydrogen. LOTTE Chemical, a large Asian industrial Group, also confirmed its intention to join as an anchor investor, and so will AXA, a major institutional investor. Hy24 is targeting €1.5 More are expected soon.

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Vedanta secures 11-year INR 3,900 cr loan from PFC – ET Auto

Baua Electric

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 group plans to increase the operating capacity of its power business in India to 4.8 Vedanta’s power strategy is in focus amid the group’s ongoing demerger.

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Zimbabwe lithium miners table refinery plans under govt pressure – ET Auto

Baua Electric

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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BMW may implement a Tesla-esque direct to consumer sales model

Teslarati

BMW Group is considering implementing a direct-to-consumer sales model for their MINI and BMW brands. The system is far from finalized, and the Finance Chief clarified that the auto group is currently in talks with dealers. What do you think of the article? Do you have any comments, questions, or concerns?

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