MANILA, PHILIPPINES : The Asian Development Bank (ADB) has raised 35 billion Mongolian togrog (MNT) (about $10.2 million) in its first health bond denominated in the local currency of a borrowing member. The issue sets a milestone for health-focused local-currency bonds. The bond carries a 11.25% semi-annual coupon with a 2-year bullet maturity, denominated in […]
Toyota to invest $35 billion into battery-powered EVs and roll out 30 models by 2030 – EQ Mag Pro
Toyota, one of the world’s largest automakers, is planning to invest 4 trillion yen ($35 billion) to build a full lineup of 30 battery-powered electric vehicles by 2030. It aims to increase global sales of battery electric vehicles by 3.5 million units a year by 2030. Most of Toyota’s current electric vehicle sales are hybrid […]
