TOKYO — Japan’s government plans to work with three African nations to develop supply chains for cobalt and other minerals critical in making electric vehicle batteries, Nikkei has learned. Tokyo will team with Zambia, the Democratic Republic of Congo and Namibia to expand joint exploration in each country. The projects are due to start as soon as within… Continue reading Japan builds supply chain for EV battery minerals in Africa
Category: Automotive
Toyota reports record profit despite Asia slowdown
TOKYO — Toyota Motor reported on Tuesday that its operating profit for the April-June period totaled 1.1 trillion yen ($7.7 billion), up 93.7% from the same period the previous year and a quarterly record for a Japanese company, as easing chip shortages and efforts to improve productivity boosted sales worldwide. Share prices rose 3.3% to… Continue reading Toyota reports record profit despite Asia slowdown
Toyota boosts China R&D in electrified vehicles
NAGOYA, Japan — Toyota Motor will consolidate a portion of its electrified-vehicle research and development in China, aiming to accelerate product releases in a fast-changing market. Toyota is renaming its largest Chinese R&D facility — the wholly owned Toyota Motor Engineering & Manufacturing (China) — to Intelligent ElectroMobility R&D Center by Toyota (China), effective Tuesday.… Continue reading Toyota boosts China R&D in electrified vehicles
Maruti Suzuki tapped to oversee group’s Indian auto production
TOKYO — Suzuki Motor announced plans Monday to consolidate auto production in India under local subsidiary Maruti Suzuki, as the Japanese automaker seeks to improve production efficiency. Under the move, Suzuki Motor Gujarat (SMG), a wholly owned subsidiary of Suzuki that manufactures four-wheeled vehicles, will become a wholly owned unit of Maruti Suzuki. The company plans… Continue reading Maruti Suzuki tapped to oversee group’s Indian auto production
Experience Unforgettable Adventures with SeaTrips – Your Gateway to Iceland’s Majestic Beauty
REYKJAVÍK, Iceland, July 31, 2023 /PRNewswire/ — SeaTrips Reykjavík presents an unparalleled opportunity to explore the wonders of Iceland in a way you’ve never experienced before. Get ready to immerse yourself in the mesmerizing beauty of Iceland’s natural marvels, from majestic glaciers and volcanoes to enchanting waterfalls, black sand beaches, and rejuvenating geothermal hot springs.… Continue reading Experience Unforgettable Adventures with SeaTrips – Your Gateway to Iceland’s Majestic Beauty
Automated Guided Vehicle Market worth $3.3 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 31, 2023 /PRNewswire/ — The Automated Guided Vehicle Market is expected to reach USD 3.3 billion by 2028 from USD 2.4 billion in 2023, at a CAGR of 6.9% during 2023–2028 according to a new report by MarketsandMarkets™. The significant growth factor associated with the Automated Guided Vehicle Market growth is the increased… Continue reading Automated Guided Vehicle Market worth $3.3 billion by 2028 – Exclusive Report by MarketsandMarkets™
Arcube partners with Etihad Airways to launch a new NFT collection and Etihad “Horizon Club”.
Arcube and Etihad extend their partnership for new NFT collection and Staking-for-miles pilot for NFT holders. MANCHESTER, England, July 31, 2023 /PRNewswire/ — Following the successful launch of the EY-ZERO1 NFT collection in July 2022, Etihad Airways has extended its partnership with Arcube to add a new livery to its NFT collection, as well as development… Continue reading Arcube partners with Etihad Airways to launch a new NFT collection and Etihad “Horizon Club”.
CAPEWELL ACHIEVES AS9100 CERTIFICATION, STRENGTHENING COMMITMENT TO QUALITY AND SAFETY IN AEROSPACE INDUSTRY
SOUTH WINDSOR, Conn., July 31, 2023 /PRNewswire/ — Capewell, a global leader in custom-engineered survivability and aerial delivery solutions, proudly announces it has received the prestigious AS9100 certification for its technical sewing and survivability campus in Meadows of Dan, Virginia. The certification, which is a globally recognized standard for quality management systems (QMS) in the aviation,… Continue reading CAPEWELL ACHIEVES AS9100 CERTIFICATION, STRENGTHENING COMMITMENT TO QUALITY AND SAFETY IN AEROSPACE INDUSTRY
TransDigm Third Quarter Earnings Report and Conference Call Set for Tuesday, August 8, 2023
CLEVELAND, July 31, 2023 /PRNewswire/ — TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2023 third quarter earnings before the market opens on Tuesday, August 8, 2023. A conference call will follow at 11:00 a.m., Eastern Time. To join the call telephonically, please register for the call here. Once registered, participants will… Continue reading TransDigm Third Quarter Earnings Report and Conference Call Set for Tuesday, August 8, 2023
Space Propulsion Market worth $18.1 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 31, 2023 /PRNewswire/ — The space propulsion market is estimated to be USD 10.6 billion in 2023 and is projected to reach USD 18.1 billion by 2028, at a CAGR of 11.3% during the forecast period according to a new report by MarketsandMarkets™. The driving factor for the space propulsion market is the… Continue reading Space Propulsion Market worth $18.1 billion by 2028 – Exclusive Report by MarketsandMarkets™