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Ride-sharer Grab to invest $700M in “Grab 4 Indonesia” 2020 master plan

Green Car Congress

Grab, the leading ride-hailing platform in Southeast Asia, launched its “Grab 4 Indonesia” 2020 master plan, endorsed by Badan Koordinasi Penanaman Modal (BKPM), the Government of Indonesia’s Investment Coordinating Board. Grab will open an R&D center in Jakarta and target hiring 150 engineers over the next two years.

Indonesia 150
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Nissan launches all-new Note in Japan, exclusively with second-generation e-POWER electrified powertrain

Green Car Congress

The new Note features the second generation of Nissan’s e-POWER electric powertrain—a series-hybrid drive system in which the only function of the combustion engine is to act as a generator to produce power for the battery. The engine now operates at a lower RPM and is engaged less often during a typical drive.

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

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Volvo Trucks enters LNG truck segment in India, fuel technology ‘first step’ towards its 2040 carbon neutrality target – ET Auto

Baua Electric

Volvo LNG Truck New Delhi: India’s stature as one of the leading global economies, and as a growing engineering hub are good enough reasons to attract more interest from a global truck major like Volvo Trucks. And, as India wants to build a gas-based economy, Volvo Trucks is hopeful of good prospects.

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Report: Mitsubishi Planning Dealer Expansion, More Models for U.S.

The Truth About Cars

While this is probably very exciting to those who recall driving any model equipped with the 4G63 engine, it might be wise to temper expectations. But they have no dealer nearby to make that purchase." Record sales in 2002 resulted in Mitsubishi Motors doubling down on its decision to pivot further toward economy cars and SUVs.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Increasing electric car sales were the main reason for growth in the overall car market, which contracted by 8% for conventional (internal combustion engine) cars but grew by 5% in total, indicating that EV sales are continuing to perform as the market matures. Around 2% of all cars sold were electric.