European

Electric vehicle group Ideanomics invests in European battery firm

Electric vehicle group Ideanomics invests in European battery firm

Inobat Auto, a “premium battery technology and manufacturing company”, has received a €10 million (£8.35m) investment from Ideanomics, an American EV group that specialises in commercial fleet operations. The deal values Inobat at the mid-hundreds of millions of pounds. The Ideanomics cash injection follows similar deals that mining conglomerate Rio Tinto and Indian battery group Amara …

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Genesis Plans European Expansion But Odds Are Stacked Against Success

Genesis Plans European Expansion But Odds Are Stacked Against Success

Genesis GV80 Genesis Hyundai’s upmarket subsidiary Genesis is bravely going where almost no one has gone before, as it seeks European premium sector success in face of all the odds pointing to failure. Tesla’s TSLA unique battery technology guaranteed success in this demanding market. High quality isn’t enough; success demands something unique in your resume. …

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