AGP Executive Report
Last update: 6 hours agoEV Financing Push: Simple Energy teamed with IDFC FIRST Bank to offer in-deal loans for customers buying its electric scooters across India, aiming to make EV ownership easier at the point of purchase. Retail Expansion & Leasing: Cherry Hill Mall in New Jersey is adding Aritzia plus other brands like Timberland and True Religion, while UK retailer Next set an opening date for a major Bluewater flagship on July 30 with a bigger footprint and in-store Costa. Fuel Retail Deal: ADNOC Distribution agreed to buy Shell’s South Africa downstream fuel business in a $1bn deal, bringing about 580 stations and roughly 360 convenience stores under ADNOC’s expansion plans. Consumer Promotions: Cadbury and Krispy Kreme launched a limited-time Double Chocolate Original Glazed doughnut in the UK for World Chocolate Day, priced at £2.99. Market Watch: Eurostat data showed euro-zone retail sales edged up in May, but Romania saw the sharpest annual drop in the EU. EV Demand Signals: FADA reported electric passenger vehicle retail sales more than doubled in June, with strong growth also in two-wheelers, three-wheelers, and electric commercial vehicles.
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