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UK Wants Half of New Cars to Be Ultra Low Emission by 2030
Jul 16, 2018The UK Government has unveiled a strategy, which sets out ambition for about 50%, and as many as 70%, of new car sales to be ultra low emission by 2030. The Road to Zero Strategy is claimed to set the stage for the largest technology ...
Tags: electric vehicle
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£3m Funding for New Scottish Plastic Recycling Facility
Jun 11, 2018Project Beacon, which has the potential to recycle all plastics in Scotland and beyond, has secured £3m funding. Project Beacon, at Binn Farm in Perthshire, is lighting the way to a circular world of complete plastics recycling ...
Tags: Plastic Recycling
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Tyson Foods Invests in Lab-Grown Meat Producer Future Meat Technologies
May 4, 2018Tyson Ventures, the venture capital unit of Tyson Foods, has co-lead a $2.2m seed investment in Future Meat Technologies. Based in Jerusalem, Future Meat Technologies is a food tech company that is engaged in non-GMO production of ...
Tags: Tyson Foods, Meat
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Key Safety Systems Buys Vehicle Safety Systems Supplier Takata for $1.5bn
Apr 16, 2018A consortium of Ningbo Joyson Electronic (Joyson Electronics) and Asia-based private equity firm PAG have offered funding to Key Safety Systems (KSS) in acquiring the all of the global assets of Japan-based airbag-maker Takata. Takata's ...
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Byton's New Intelligent Electric Vehicle to Make Global Debut at CES
Jan 15, 2018Byton is set to showcase its intelligent electric vehicle at the upcoming International Consumer Electronics Show (CES) in Las Vegas, on 7 January 2018. The vehicle features new design and innovative human-vehicle interaction that ...
Tags: electric vehicle, CES 2018
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Lyft Secures Approval to Test Self-Driving Cars in California
Nov 27, 2017Ride-hailing company Lyft has secured approval to start trial of its self-driving vehicles in the US state of California. The approval allows Lyft to join the likes of companies such as Google’s Waymo, Uber, Apple, Ford and ...
Tags: Self-Driving Cars, Apple
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Alphabet Leads $1bn Investment in Uber Rival Lyft
Oct 23, 2017CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
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Is Not a Terrible Capital Chain But Jia Yueting Anti Sense Repairer Dream
Dec 16, 2016Jia Yueting for the two time in the "Chinese entrepreneurs" annual meeting. First, in December 2015, to meet the "noble" of Liu Chuanzhi, and bring a series of practical interest; second, December 2016, in order to hold a free conference. ...
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Saudi Public Fund to Buy 50% Stake in Kuwait Food Company's Owner
Dec 2, 2016The Saudi Public Investment Fund (PIF) has announced plans to buy 50% stake in Adeptio Group’s, which controls the Kuwait Food Company (Americana). However, financial details of the transaction were not disclosed. Saudi Arabia's ...
Tags: Kuwait Food, Food
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Canada to Provide $350m Boost to Dairy Sector Ahead of CETA
Nov 14, 2016The Canadian government will inject a $350m into the country's dairy sector to support its competitiveness ahead of the likely implementation of the Canada–European Union Comprehensive Economic and Trade Agreement (CETA). Investment ...
Tags: dairy sector, robotic milker
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Aixtron's Increased Orders in Q2 Herald Recovery in Second-Half 2016
Aug 19, 2016For first-half 2016, deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany has reported revenue of €55.5m, down 31% on first-half 2015's €80.7m, reflecting the ongoing weak demand environment in the firm's ...
Tags: Aixtron SE, MOCVD, GaN
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Uber Raises $3.5bn From Saudi Arabia's Public Investment Fund
Jun 3, 2016American ride-hailing firm Uber has raised $3.5bn from Saudi Arabia’s Public Investment Fund. This is the first time that Uber secured such a huge funding from a single investor. The investment will not affect the company's ...
Tags: Uber, ride-hailing
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Tio Gazpacho Raises $1.25m in Funding From Investors LED by 301 Inc
Apr 6, 2016Soup maker Tio Gazpacho has completed a $1.25m Series A funding round from investors led by 301 Inc, which is a General Mills’ venture capital arm. The Series A round also included investments from other private investors in ...
Tags: Tio Gazpacho, General Mill, Series A
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Ontario Province in Canada Increases Incentives for Electric Vehicles
Feb 15, 2016The state of Ontario, Canada has hiked the incentives for electric vehicles to a maximum of $14,000, making it attractive for car buyers. As per the new program, the incentive has been increased for electric vehicles from $5000 to $8,000 ...
Tags: Electric Vehicles, Incentives
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GRENERGY Completes the 4MW PV Projects in Spain
Jan 31, 2016On the 30th December 2015, GRENERGY formalized the sale of its two last solar photovoltaic plants in Spain, both producing under decree 9/2013 of July 12 which establishes the new remuneration system for renewable energy replacing decrees ...
Tags: PV Projects, Sloar Cell