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EO Charging Bolsters Business Development Team With Key Executive Hires to Further Drive International Growth

EO Charging Bolsters Business Development Team With Key Executive Hires to Further Drive International Growth
financialbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialbuzz.com Daily Mail and Mail on Sunday newspapers.

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Singapore's GIC invests in EV charging firm Qmerit

GIC invests in US-based EV charging firm Qmerit
A GIC signage is pictured during their results announcement in Singapore July 2, 2019. REUTERS/Anshuman Daga
July 21, 2021
Singapore’s sovereign wealth fund GIC has invested an undisclosed amount in US-based Qmerit, a green energy firm that installs electric vehicle (EV) charging stations in residential and fleet areas, according to an announcement.
GIC has partnered with Lime Rock New Energy, the clean energy arm of private equity firm Lime Rock Management, to invest in the green energy firm. The Singapore investor will have a seat on the Qmerit board as part of the deal. ....

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GIC Invests in Qmerit to Supercharge Electrification Efforts

GIC Invests in Qmerit to Supercharge Electrification Efforts
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Global Electric Vehicle Charging Infrastructure Markets 2021-2026 - Ultra-Fast Charging / Automated Robot-Based EV Charging / Evolving Business Models to Promote EV Adoption

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The global electric vehicle charging infrastructure market size to cross USD 14 billion in 2026, growing at a CAGR of 36% during the forecast period.
With the increasing funding from government bodies for electric vehicle (EV) adoption, the demand for charging infrastructure is expected to grow. Many countries have recognized the need to go electric to reduce rising emissions, with the US and China leading the race. These countries have taken measures to expand and establish the charging network.
They have encouraged people to opt for these vehicles by offering discounts, tax rebates, and preferential measures, among other things. China, the US, and a few European countries have subsidized the expense of installing an electric vehicle charging station in apartment complexes, semi-public zones, and private residences, which is influencing the market growth. ....

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Tesla Motors, Inc. (NASDAQ:TSLA) - Tesla Prepares For Launch In India With New Hires, Corporate Office And Showroom

Tesla Motors, Inc. (NASDAQ:TSLA) - Tesla Prepares For Launch In India With New Hires, Corporate Office And Showroom
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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