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About Author

Pankaj Singh

Pankaj Singh

Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605

Contribution by Pankaj Singh

Tata Motors to use Ford’s Gujarat facility to power its EV ambitions

Published Date: 2022-08-08         Author: Pankaj Singh

Ford India Private Limited (FIPL) and Tata Passenger Electric Mobility Limited (TPEML), a division of Tata Motors Ltd., have reportedly signed a Unit Transfer Agreement (UTA) for the purchase of Ford’s production facility in Sanand, Gujarat. Tata intends to produce and distribute electric a... Read More

Hyundai Motors to export 27 XCIENT Fuel Cell trucks to Germany

Published Date: 2022-08-05         Author: Pankaj Singh

Hyundai Motors, a South Korean multinational automotive manufacturer, is set to export around 27 XCIENT Fuel Cell trucks to Germany. The heavy-duty vehicles are set to be used by manufacturing, retail, and logistics firms. Earlier this week, the automotive giant said that around seven companies, ... Read More

EA SPORTS & LaLiga ink deal to bring new experiences for LaLiga fans

Published Date: 2022-08-03         Author: Pankaj Singh

Video gaming giant, Electronic Arts Inc. (EA), and leading football league, LaLiga, have reportedly announced a multi-year, one-of-a-kind, partnership that would allow both players to bring ground-breaking experiences to football fans across the globe. As per reports, starting the 2023-2024 LaLig... Read More

Nikola to take over Romeo Power in USD 144 million all-stock deal

Published Date: 2022-08-02         Author: Pankaj Singh

Electric heavy-duty truck maker Nikola has recently inked a deal worth $144 million to take over the battery technology company, Romeo Power, and gain control over a vital part of its supply chain. As per market reports, this all-stock business deal values Romeo at 74 cents per share, a 34% premi... Read More

NIO to establish its first overseas power producing plant in Hungary

Published Date: 2022-08-01         Author: Pankaj Singh

The Chinese automobile maker has already opened a store in Oslo, Norway. The company intends to build 4,000 battery switching stations around the world. Chinese automobile manufacturer NIO is reportedly planning to set up its first overseas plant in Pest, Hungary in September 2022, to prod... Read More

Spirit terminates merger deal with Frontier, reconsiders JetBlue deal

Published Date: 2022-07-29         Author: Pankaj Singh

Spirit Airlines Inc has reportedly ended its merger deal with Frontier Airlines. This development comes months after a purchase bid by JetBlue Airways marred the strategic tie-up. The budget airline has stated that it would resume its current talks with JetBlue as it pursues the best business pat... Read More

Octopus Energy Group raises USD 550 Million for global expansion

Published Date: 2022-07-28         Author: Pankaj Singh

British renewable energy group Octopus Energy Group has reportedly raised USD 550 million to expand its support for renewables, enhance its energy technology platform, and grow its business. The company intends to use the proceeds to improve the energy tech platform Kraken and invest in solutions... Read More

GCMD-led consortium pledges $18 Mn for green marine fuel supply chain

Published Date: 2022-07-27         Author: Pankaj Singh

The GCMD (Global Centre for Maritime Decarbonisation), along with 18 other industry partners, is reportedly unveiling a drop-in biofuels trial project with a total contribution of USD 18 million. This combined cash and in-kind contribution will help in setting up a structure to ensure the supply ... Read More

Mahindra announces collaboration with Qualcomm for new Scorpio-N

Published Date: 2022-07-26         Author: Pankaj Singh

Mahindra & Mahindra is reportedly teaming up with chip manufacturer Qualcomm to introduce latest tech advancements in its all-new Scorpio-N vehicle. The chip manufacturer will collaborate with automotive electronics firm Visteon Corporation to introduce transformative, world-class in-vehicle ... Read More

Low-cost carrier Ryanair logs USD 174 Mn in profits in latest quarter

Published Date: 2022-07-25         Author: Pankaj Singh

This is the company's first profit in three years since the onset of the pandemic. Ryanair claims to have carried 45.5 million travelers in these three months, a five-fold increase from the first quarter of last year. Ryanair DAC, one of Europe's largest budget airliners, has repor... Read More

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