STOCKHOLM, April 21, 2023 /PRNewswire/ — (NYSE: ALV) and (SSE: ALIV.sdb) Q1 2023: Strong sales growth Financial highlights Q1 2023 $2,493 million net sales 17% net sales increase 21% organic sales increase* 5.1% operating margin 5.3% adjusted operating margin* $0.86 EPS – 9% decrease $0.90 adjusted EPS* – 99% increase Full year 2023 indications Around 15% organic sales growth Around… Continue reading Autoliv: Financial Report January – March 2023
Category: Automotive
Track your carbon emissions with this new app
Zerofy collects several details about your lifestyle to pinpoint where and how you can decrease your carbon footprint. When you sign up for the app, it will ask you what your carbon emission goals are, what country, state, and zip code you reside in, your home type, your electricity type, and whether your house has… Continue reading Track your carbon emissions with this new app
What is AI? Everything to know about artificial intelligence
Overall, the most notable advancements in AI are the development and release of GPT 3.5 and GPT 4. But there have been many other revolutionary achievements in artificial intelligence — too many, in fact, to include all of them here. Here are some of the most notable: ChatGPT (and the GPTs) ChatGPT is an AI… Continue reading What is AI? Everything to know about artificial intelligence
Seagate fined $300 million for shipping 7.4 million hard drives to Huawei
/ It’s the largest standalone penalty ever issued by the Bureau of Industry and Security. Photo by Justin Sullivan/Getty Images Computing storage manufacturer Seagate has agreed to pay a $300 million penalty imposed by the US Department of Commerce (DOC) for shipping over $1.1 billion worth of hard disk drives to Huawei, violating export control… Continue reading Seagate fined $300 million for shipping 7.4 million hard drives to Huawei
Europa Wire: Continental PremiumContact 7 Tire Wins Praise from Auto Express, Tyre Reviews and Auto Bild 000579
Continental’s PremiumContact 7 Tire Wins Praise from Auto Express, Tyre Reviews and Auto Bild (IN BRIEF) Continental has launched its new PremiumContact 7 tire in time for the summer season. The new flagship tire offers increased safety on both wet and dry roads, with new adaptive tread designs for different driving situations, and individual modifications… Continue reading Europa Wire: Continental PremiumContact 7 Tire Wins Praise from Auto Express, Tyre Reviews and Auto Bild 000579
Europa Wire: Continental’s Global Test Sites Ready for E-Mobility with Increased Charging Capacities000578
Continental’s Global Test Sites Ready for E-Mobility with Increased Charging Capacities (IN BRIEF) Tire manufacturer Continental is expanding the electric vehicle charging infrastructure at its three test sites in Arvidsjaur, Jeversen, and Uvalde. The expansion is part of Continental’s strategy to align its in-house development and testing capacities towards electric transportation and its specific requirements.… Continue reading Europa Wire: Continental’s Global Test Sites Ready for E-Mobility with Increased Charging Capacities000578
Europa Wire: kfzteile24, German eCommerce platform for automotive spare parts, acquired by investment consortium000577
kfzteile24, German eCommerce platform for automotive spare parts, acquired by investment consortium (IN BRIEF) EQT Mid Market fund has agreed to sell kfzteile24 to an investment consortium comprising of the Company’s management, Project A Ventures, Koehler Group, and a group of technology investors. Kfzteile24, headquartered in Berlin, is a leading eCommerce platform for automotive spare… Continue reading Europa Wire: kfzteile24, German eCommerce platform for automotive spare parts, acquired by investment consortium000577
Europa Wire: ZF contributes expertise to Navigation Data Standard Association for development of digital map solutions000576
ZF contributes expertise to Navigation Data Standard Association for development of digital map solutions (IN BRIEF) Automotive supplier ZF has joined the Navigation Data Standard Association to establish a global standard for digital maps in standard and high definition formats. The NDS provides a specification for the standardised preparation and use of map information, enabling… Continue reading Europa Wire: ZF contributes expertise to Navigation Data Standard Association for development of digital map solutions000576
Europa Wire: Europcar Mobility Group’s Holger Peters to join Škoda Auto’s Management Board000575
Europcar Mobility Group’s Holger Peters to join Škoda Auto’s Management Board (IN BRIEF) Holger Peters, the current Supervisory Board Chairman of Europcar Mobility Group and Chief Representative of Volkswagen Bank, will join Škoda Auto’s Management Board as a member responsible for Finance and IT from June 1, 2023. Peters will succeed Christian Schenk, who has… Continue reading Europa Wire: Europcar Mobility Group’s Holger Peters to join Škoda Auto’s Management Board000575
SG-based Betterdata bags $1.55m seed funding and other SE Asia dealsAustralian early-stage VC Investible led the investment in Betterdata.
Singapore-based data infrastructure and analytics startup Betterdata has raised $1.55 million in a seed funding round led by the Australian early-stage venture capital firm Investible. Franklin Templeton, Xcel Next, Singapore University of Technology and Design, Bon Auxilium, Tenity, Plug and Play and Entrepreneur First participated in the funding. Go to Source