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Lubrizol Commits Largest India-Based Investment in Company’s 50+ Year History in Region
Chemical leader, Lubrizol Corporation, commits more than 150 million USD across multiple projects to accelerate growth in India.
- Categories
- Investing, Technology, Transportation, WASH
- Region
- Asia Pacific
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Afreximbank Ploughs $900 Million into Special Economic Zones Creation
Special Economic Zones (SEZs) can catalyse industrialisation while building domestic supply chains. They also attract foreign investment and skills transfers.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
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Philippines Says China’s Yadea to Invest $1 Billion in E-Motorcycle Plant
The factory will have an annual production capacity of 3 million to 5 million units that will cater to domestic demand.
- Categories
- Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing
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Engine Maker Cummins to Invest $1 Billion in India
Cummins Group plans to invest $1bn in India over the next decade and recruit 4,000 staff as it shifts from fossil fuel engines to hydrogen and green energy options.
- Categories
- Energy, Investing, Technology, Transportation
- Region
- Asia Pacific
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Electric Vehicle Financing Startup RevFin Raises $5 Million in Debt
Revfin last raised $10 million in a Series A funding round in October 2022 from Green Frontier Capital and LC Nueva Investment Partners.
- Categories
- Energy, Finance, Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, fintech, startups
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British Consortium to Invest $9 Billion in Indonesia Mining, EV Batteries, Minister Says
Indonesia is keen to develop batteries and vehicles for the world's biggest electric car manufacturers.
- Categories
- Technology, Transportation
- Region
- South Asia
- Tags
- e-mobility, manufacturing, mining, wind
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Spiro Reaches 1 Million Battery Swaps With Its Electric Two-Wheelers in Africa
In Uganda, Spiro recently signed a landmark agreement with the Ugandan government to replace boda-bodas with electric motorbikes.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Indonesia Tax Cut Drives Electric Car Sales for Hyundai, Wuling
Sales of electric cars in Indonesia jumped last month after the government launched a tax incentive.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
- Tags
- corporations, e-mobility
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