AUTOMOTIVE

Venture capital funds manager AP Ventures on Wednesday announced that French automotive supplier Compagnie Plastic Omnium (Plastic Omnium) had become a limited partner and advisory board member in AP Ventures Fund II.

Plastic Omnium contributed $30-m…

There is an opportunity to bring battery electric vehicle and plug-in hybrid electric vehicle production to South Africa, without first developing a domestic market and charging infrastructure for these vehicles, says Trade and Industry Minister Ebrahi…