Japanese automaker Nissan has abandoned the deal to sell its EV battery manufacturing unit to Chinese private equity firm GSR Capital. The deal, valued at nearly $1bn, was cancelled by Nissan stating that the Chinese firm lacked the ...
Tags: Nissan, GSR Capital
Japanese automaker Nissan has agreed to sell its electric battery business to GSR Capital, a Chinese investment firm, for an undisclosed amount. As per the agreement, Nissan will be selling its battery subsidiary Automotive Energy Supply ...
Tags: Nissan, Electric Battery
Jiangxi Luye Auto Lighting launched the first automotive lighting LED module plant in Nanchang Optical Valley in China, reported Xinhua. The LED automotive module manufacturing facility values RMB 500 million (US $72.97 million) in total, ...
Tags: Auto Lighting, LED Lighting
Royal Philips NV of Amsterdam, The Netherlands (the world's largest lighting producer) has agreed to sell an 80.1% stake in its combined LED components and Automotive lighting business to GO Scale Capital, a new growth-stage investment fund ...
Tags: Lumileds, Royal Philips, Electronics
In acquiring an 80.1% stake in Philips' combined LED components and Automotive lighting business (with Netherlands-based Philips retaining the remaining 19.9%), new owners GO Scale Capital (an investment fund sponsored by GSR Ventures and ...
Tags: Lumileds, LED components, Electronics
Royal Philips has announced that it has signed an agreement with a consortium led by GO Scale Capital through which it will acquire an 80.1% interest in Philips' combined LED components and automotive lighting business, with Philips ...
Tags: automotive lighting, Philips, LED
Shunfeng International Clean Energy Limited (SFCE) announced that it has signed an MOU with Lattice Power to acquire a 51% ownership stake in the company. SFCE's successful bid in Lattice Power is a milestone for the listed company as it ...
Tags: SFCE, Lattice Power, Lights
Hong Kong-based Shunfeng International Clean Energy Ltd (SFCE) has signed a memorandum of understanding (MOU) to acquire a 51% ownership stake in Lattice Power Corp of Nanchang, China, which claims to have been the first company to realise ...
Tags: silicon LEDs, LED lighting
Continental Mitsubishi has introduced 2014 model of the Mitsubishi Lancer Evolution with advanced features. The vehicle has a turbocharged aluminum-block 2.0-liter engine, which provides 291 horsepower along with 300 foot-pounds of ...
Mitsubishi Motors has launched the 2015 Lancer Evolution edition, the final model of the luxury sports sedan. Powered by 2 liter DOHC turbocharged and intercooled MIVEC 4-cylinder engine, the 2015 Lancer Evolution will feature race-bred ...
LatticePower Corp of Nanchang, China, which claims to be the first company to commercialize GaN-on-silicon LED lighting, has announced an $80m initial round of Series D equity financing led by Asia Pacific Resources Development Investment ...
Tags: GaN-on-silicon, LED lighting
Toyota has redefined the performance and technology potential of its 86 sports car with four stunning project vehicles unveiled at the world's premier automotive aftermarket trade show. Massive power boosts, performance suspension set-ups ...
Tags: Toyota, Sports Car
CFirst seen at the 2013 Chicago auto show in February, the new Volkswagen Beetle GSR pays tribute to the 1973 ‘Yellow-Black Racer’ special edition based on the Beetle 1303 S – with GSR standing for Gelb-Schwarze Renner or ...
Tags: Volkswagen, Beetle GSR
Volkswagen Australia boss Anke Koeckler says the Volkswagen Beetle R will be near the top of the brand’s wish list if the high-performance concept is confirmed for production. Koeckler said the local division would ...
Tags: Volkswagen, Beetle R, Australia, Convertible
PC World - Linux fans in general and Ubuntu users in particular are already well acquainted with the many desktop environments that are available for distributions of the free and open-source operating system. While Ubuntu Linux has ...
Tags: Linux fans, open-source operating system, GNObuntu, Ubuntu Linux