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Hertz Global eyes worst day on record as EV rental business falters – ET Auto

Baua Electric

APRIL 25, 2024

The Estero , Florida-based company said it took a USD 588 million hit in vehicle depreciation costs during the quarter, of which USD 195 million was related to EVs held for sale. Higher repair costs also weighed on the company’s overall fleet maintenance expenses. Excluding items, Hertz reported a loss of USD 1.28

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Suzuki and SkyDrive start production of ‘flying cars’ in Iwata, Shizuoka, Japan – ET Auto

Baua Electric

MARCH 7, 2024

In addition to the aircraft to be used at the Expo 2025 Osaka, Kansai, Japan, aircraft for sales to customers will be manufactured at this plant.

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Exicom Tele-Systems IPO subscribed 10 times on first day of offer – ET Auto

Baua Electric

FEBRUARY 27, 2024

The IPO has a fresh issue of equity shares aggregating up to INR 329 crore and an Offer For Sale (OFS) component of up to 70.42 The Qualified Institutional Buyers (QIBs) category fetched 73 % subscription. The IPO got fully subscribed within hours of beginning of the bidding process.

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Hindustan Zinc may put off demerger – ET Auto

Baua Electric

MARCH 21, 2024

Also, the government doesn’t want any uncertainty around HZL to spook investors ahead of its plan to offload a part of its stake in the miner through an offer for sale in FY25, one of them said. “The company’s proposal to the government also lacked the details as to how any such demerger will actually benefit shareholders.

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Vietnam’s VinFast to set up EV battery plant in India -sources – ET Auto

Baua Electric

JANUARY 3, 2024

Reuters reported in September VinFast had begun hiring for sales, legal and back office jobs in India, seeking recruits who “dare to think, dare to do, and dare to face difficulties.” ” It is not immediately clear what the size of the investment is or when a VinFast factory will become operational in Tamil Nadu.

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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto

Baua Electric

JANUARY 10, 2024

Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers’ minds. The transition to software-dominated cars is challenging.

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kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

OCTOBER 6, 2023

or geothermal resources for sale for heat, light or power, or for the furnishing of telephone service, sewerage facilities or water. or geothermal resources for sale for heat, light or power, or for the furnishing of telephone service, sewerage facilities or water.

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