Isuzu Motors has made three top management changes in India. While Wataru Nakano has been appointed as President and MD, Toru Kishimoto, from Mitsubishi Corp. and Rajesh Mittal from UD Trucks Corp., have been appointed in two top level management roles.
The deal is a major bet by Ford on direct lithium extraction (DLE), a relatively new breed of technologies that filter the metal from brines and use far less acreage than open-pit mines and evaporation ponds.
At present, Indian state-run companies Bharat Petroleum Corp and Oil and Natural Gas Corp have made investment in Brazil's oil and gas exploration sector.
A European Commission proposal due to be discussed later this year states that rechargeable electric vehicles, light transport and industrial batteries sold in Europe must disclose their carbon footprint from 2024 and comply with a CO2 emissions limit from 2027.
BMW Chief Executive Officer Oliver Zipse has long advocated against all-out bans on combustion engine car sales in the face of rising pressure from regulators on the auto industry to curb its carbon emissions and environmental impact.