Leta, a Kenyan B2B supply chain and logistics SaaS provider launched last year to optimize fleet management, is looking for growth opportunities in West Africa, even as it scales operations in its existing five markets. Leta’s proprietary route and load optimization technology is designed to boost efficiency in the delivery of goods to customers, and… Continue reading Leta, a Kenyan supply chain and logistics SaaS provider, raises $3M to scale in Africa
Category: Automotive
Faraday Future warns it may not be able to deliver its luxury EV
Electric vehicle startup-gone-SPAC Faraday Future has raised a going concern warning, per regulatory filings. The company said it has substantial doubt as to whether it would be able to continue operating over the next year, adding that it is uncertain when it will dispatch first deliveries of its FF 91 luxury EVs. This isn’t the… Continue reading Faraday Future warns it may not be able to deliver its luxury EV
Cittadini dell’Ordine e Air-Connected Mobility insieme per potenziare l’offerta assicurativa di Fit2You
VIGEVANO, Italia, 22 novembre 2022 /PRNewswire/ — Fit2You Broker, intermediario assicurativo digitale per il settore automotive, ha scelto di avvalersi dei servizi professionali certificati della divisione satellitare di Cittadini dell’Ordine Spa, il primo Istituto di vigilanza fondato in Italia ed in Europa. I servizi, infatti, si integrano perfettamente con la piattaforma tecnologica Air-Connected Mobility attualmente… Continue reading Cittadini dell’Ordine e Air-Connected Mobility insieme per potenziare l’offerta assicurativa di Fit2You
Scania issues green bond to finance further investment in electrification
SÖDERTÄLJE, Sweden, Nov. 22, 2022 /PRNewswire/ — To support its continued investments in electrification, Scania issued another green bond, this time totalling SEK 3 billion. The proceeds will be used for additional investment in the development of battery-electric vehicles. The strong interest in the bond shows that the capital market actively supports Scania’s purpose of driving the… Continue reading Scania issues green bond to finance further investment in electrification
Truck Market in Vietnam to grow by 41,610 units; AB Volvo and Beijing Automotive Group Co. Ltd. emerge as Key Vendors – Technavio
NEW YORK, Nov. 22, 2022 /PRNewswire/ — The “Truck Market in Vietnam Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026” report has been added to Technavio’s offering. The report expects the market size to grow by 41,610 units between 2021 and 2026. The truck market in Vietnam is fragmented with… Continue reading Truck Market in Vietnam to grow by 41,610 units; AB Volvo and Beijing Automotive Group Co. Ltd. emerge as Key Vendors – Technavio
Pilates Equipment Market to record USD 106.44 Mn growth; Leisure products identified as parent market – Technavio
NEW YORK, Nov. 22, 2022 /PRNewswire/ — The “Pilates Equipment Market by Product and Geography – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. The report expects the market size to grow by USD 106.44 million, accelerating at a CAGR of 9.22% during the forecast period. Technavio categorizes the global pilates equipment… Continue reading Pilates Equipment Market to record USD 106.44 Mn growth; Leisure products identified as parent market – Technavio
Cognata and Foretellix Join Forces to Deliver End-to-End Solution for AV and ADAS Development, Verification, and Validation
Joint offering to provide comprehensive solution for testing of perception and planning TEL AVIV, Israel, Nov. 22, 2022 /PRNewswire/ — Foretellix and Cognata announce a joint solution that pairs Cognata’s developers’ simulation engine, Enterprise, with Foretellix’s Foretify™ verification and validation platform. The joint solution helps ensure the safety of ADAS and AV systems, reduces development cost,… Continue reading Cognata and Foretellix Join Forces to Deliver End-to-End Solution for AV and ADAS Development, Verification, and Validation
Twitter is reportedly done with job cuts and has started hiring again
Twitter won’t be firing and laying off more people, Elon Musk reportedly told the staff members who remained after asking employees to commit to an “extremely hardcore” Twitter during an all-hands meeting. According to The Verge, which heard a partial recording of the event, the company is even actively looking for people to fill roles… Continue reading Twitter is reportedly done with job cuts and has started hiring again
Theeb Rent a Car Opens New Branch in Saudi Arabia
Operating in Saudi Arabia since 1991, Theeb Rent A Car has a fleet of more than 24,000 rental vehicles. Photo: Canva Theeb Rent A Car has opened a new location in Saudi Arabia, according to a report by Zawya. The new branch is located in the city of Jeddah in the Al-Rabwa District. Open 24 hours,… Continue reading Theeb Rent a Car Opens New Branch in Saudi Arabia
Enterprise and National Expand Loyalty Benefits
The program extensions give loyalty members more flexibility to use their benefits when and how they want to use them. Photo: pixabay.com Enterprise Rent-A-Car and National Car Rental announced in a statement the company is expanding several loyalty benefits set to expire soon. First, National Car Rental’s Emerald Club program free rental days previously set to expire on Dec. 31, 2022,… Continue reading Enterprise and National Expand Loyalty Benefits