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Ola Electric expects to expand in export markets after selling 10.5 lakh electric scooters in 2022.

Ola Electric, a manufacturer of electric twowheelers, has sold almost 1,50,000 EVs so far this year. Utilizing its production capabilities and technol

Ola Electric, a manufacturer of electric twowheelers, has sold almost 1,50,000 EVs so far this year. Utilizing its production capabilities and technology, the company wants to export goods from India to all key markets, including South East Asia, Latin America, Europe, and Africa. Aggarwal, a cofounder of Ola, also proposed entering the market for commercial vehicles. By the end of 2023, it intends to introduce its own lithiumion cell, a crucial part in the manufacture of batteries for electric vehicles. Currently, LG Chem in South Korea is where Ola gets its cells. Read More..

B2B Tech News | 9 months ago        

ExxonMobil, a major energy company, sued the EU to stop the energy windfall tax.

Due in part to supply concerns following Russias invasion of Ukraine, energy companies are receiving substantially more money for their oil and gas. E

Due in part to supply concerns following Russias invasion of Ukraine, energy companies are receiving substantially more money for their oil and gas. Exxon, though, has criticised Brussels for going beyond its legal jurisdiction and called the action counterproductive. In October, ExxonMobil announced a nearly $20 billion £17.3 billion quarterly profit. However, the business and other significant participants in the oil and gas industry have claimed that a crackdown will deter investment. The Exxon lawsuit was taken note of, according to the European Commission. Read More..

B2B Tech News | 9 months ago        

Two extra public holidays will be granted to South Africa in 2023.

The Public Holidays Act Act No 36 of 1994 states that if a public holiday falls on a Sunday, the following Monday is a public holiday. According to th

The Public Holidays Act Act No 36 of 1994 states that if a public holiday falls on a Sunday, the following Monday is a public holiday. According to the Act, the 2nd of January 2023 and the 25th of September 2023 are extra public holidays. Good Friday and Easter Sunday occur between late March and late April. In other years, such as an election year, the president may designate the voting day a national holiday in order to provide individuals with enough time and opportunity to vote. South Africa has 12 public holidays in a regular year, which is about average when compared to other countries. The global average number of public holidays is 11 days. Read More..

B2B Tech News | 9 months ago        

EDF Renewables North America divests its interest in five wind projects with a combined capacity of 447 MW in the US.

EDF Renewables North America EDF Renewables announced today that it has completed a transaction with Boralex Inc. Boralex TSX BLX in which Boralex has

EDF Renewables North America EDF Renewables announced today that it has completed a transaction with Boralex Inc. Boralex TSX BLX in which Boralex has acquired 50% ownership interests in five operating wind power projects totaling 447 megawatts MW in Texas and New Mexico Tweet this EDF Renewables put all five projects, totaling 894 MW, into service between 2014 and 2015. The sale of assets is an essential component of EDF Renewables business model in order to maintain a balanced portfolio and advance finance for new project development. Boralex will take over as the partnerships managing partner. EDF Renewables North America is a marketleading independent power producer and service provider in renewable energy, with 35 years of experience. Read More..

B2B Tech News | 9 months ago        

The Economic Cooperation and Trade Agreement between India and Australia is effective as of right now.

The two countries signed the agreement on April 2nd of this year. ECTA is Indias first trade deal with a developed country in more than a decade. Indi

The two countries signed the agreement on April 2nd of this year. ECTA is Indias first trade deal with a developed country in more than a decade. Indian exports will benefit from preferential zeroduty market access in Australia for 100% of their tariff lines under this trade agreement. This agreement is expected to generate ten lakh new jobs in the country. Total bilateral trade is predicted to exceed 45 to 50 billion US dollars in five years, up from 31 billion US dollars now. Read More..

B2B Tech News | 9 months ago        

A financial firm predicts a pretty decent 2023 for Singapores venture capital market.

Global venture capital may have declined in 2022, but Singapores deep tech investor is bullish on 2023. 2023 is likely to be a really good year for i

Global venture capital may have declined in 2022, but Singapores deep tech investor is bullish on 2023. 2023 is likely to be a really good year for investment capital in Singapore, HsienHui Tong, executive director of investing at SGInnovate, told CNBCs Squawk Box Asia on Wednesday. Unlike in other global markets, the venture capital scene in Singapore is still highly vibrant, according to Tong. Thats because companies in the country typically be at an earlier stage of development, and in the seed and Series A stages, theres still tonnes of liquidity. Theres a lot of money there, he added. Read More..

B2B Tech News | 9 months ago        

New trade agreement between Australia and India is welcomed by the Australian side, who claims it will diversify businesses.

The Economic Cooperation and Trade Agreement ECTA between Australia and India entered into force today. Australian exporters will profit from two tari

The Economic Cooperation and Trade Agreement ECTA between Australia and India entered into force today. Australian exporters will profit from two tariff reduction, the first taking effect today and the second on January 1, 2023. Australian enterprises will have wider access to Indias 1.4 billionperson market. Australia and Indias Comprehensive Economic Cooperation Agreement CECA came into force today. CECA will focus on expanded market access and outcomes in new sectors like as digital trade, government procurement, and collaboration. The deal will also boost regional Australias tourism and labour requirements by making 1,000 Work and Holiday Program slots accessible to young Indian visitors. Read More..

B2B Tech News | 9 months ago        

There will be greater than ever before opportunities for founders to raise capital in 2023.

Steve Maarbani, founder and CEO of VentureCrowd, will provide an overview of capital raising strategies. He emphasises the importance of crafting the

Steve Maarbani, founder and CEO of VentureCrowd, will provide an overview of capital raising strategies. He emphasises the importance of crafting the best capitalraising narrative for maximum impact. The E2E Summit will be held on the 16th and 17th of February at the Ivy in Sydney. According to Maarbani, private capital markets have been anything but efficient, being fragmented and opaque. According to him, the increasing digitisation of the venture capital sector is changing this dynamic. This brings founders closer to angel investors of varying sophistication, ranging from retail investors to former CEOs. Read More..

B2B Tech News | 9 months ago        



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