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Samvardhana Motherson unit mulling USD 500mn dollar bond issue, say bankers – ET Auto

Baua Electric

A unit of Indian auto parts maker Samvardhana Motherson International is planning to raise up to USD 500 million through the sale of five-year dollar bonds and has mandated bankers for the issue, two bankers said on Wednesday. SMRC Automotive Holdings Netherlands B.V. has mandated BNP Paribas , Citigroup, HSBC, J.P.

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China is here: SANY electric excavator arrives in the West

Baua Electric

The company chose the Netherlands – known for its pioneering attitudes when it comes to electric equipment – for the first stop on its European tour. Double guns SANY “dual gun” charging ports; by SANY, via Global CE. SANY GLOBAL $449.4 FTC: We use income earning auto affiliate links. Watch this space.

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Terawatt joins shipper-carrier coalition to pilot heavy-duty EV charging – Charged EVs

Baua Electric

The coalition, under the Netherlands-based Smart Freight Center, a global non-profit organization focused on climate action in the freight sector, includes AIT Worldwide Logistics, DB Schenker , Maersk , Microsoft and PepsiCo.

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Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024 | Autocar Professional

Baua Electric

Carlos Tavares, Stellantis’ global CEO, has announced that Leapmotor will enter the Indian market in Q4 of 2024 as part of Leapmotor International’s global expansion strategy. The whole global market expansion is based on the strategic cooperation with Stellantis. The ultimate goal is the zero emission vehicles.

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Scania establishes truck depot EV charging company Erinion – Charged EVs

Baua Electric

To facilitate the transition to electric fleets and help fulfill Scania’s aim for 50% of its European sales volume to be electric by 2030, plans call for the installation of a minimum of 40,000 new charging points at customer locations by that year.

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ZEEKR (ZK) is planning EV showrooms in Japan ahead of market entry in 2025

Baua Electric

Chinese EV automaker ZEEKR continues its global expansion, recently relaying plans to sell its vehicles in Japan. Once again, Geely-owned EV marque ZEEKR ($ZK) continues to demonstrate ambitious global market expansion plans despite only being about three years old. FTC: We use income earning auto affiliate links.

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NIO (NIO) eyes buying Volkswagen plant in historic market shake up

Baua Electric

NIO already sells vehicles in Germany, Norway, the Netherlands, Sweden, and Denmark. NIO ET5 at new Emsbüren, Germany Power Swap Station (Source: NIO) Although NIO faces an additional 20.8% Its new electric SUV, the Onvo L60 , is widely viewed as a true Tesla Model Y Challenger.

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