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Bounce Infinity Raises $20M in Funding from Existing Investors

Electric Vehicles India

Bounce Infinity, an electric scooter and removable battery company, has raised $20 million from existing investors, including Sequoia. Co-founder and CEO of the company, Vivekananda Hallekere, confirmed that the Bangalore-based company has completed its first tranche. Hallekere said it was not in talks to sell the company.

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Ford opening 66 more new dealerships in China by end of year; Asia-Pacific growth plans

Green Car Congress

With the additional 66 dealers we are opening, we will be on track to have more than 340 operational dealerships in China by the end of the year. — Nigel Harris, general manager of Changan Ford Sales Company. Ford expects 70% of its growth in the next ten years to come from its Asia Pacific and Africa region.

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