Acquisition to help expand ENERCON’s Environmental Services Group KENNESAW, Ga., July 12, 2022 /PRNewswire/ — Enercon Services, Inc. (“ENERCON”), a multi-disciplinary engineering and environmental services firm supporting the safe and efficient production, delivery and use of energy, announced today that it has acquired Ardent Environmental Group, Inc. (“Ardent” or “the Company”), an environmental consulting firm… Continue reading Enercon Services, Inc., a Portfolio Company of AE Industrial Partners, Acquires Ardent Environmental Group, Inc.
Category: Automotive
Innoviz Technologies and Joowon Industrial Sign Distribution Agreement to Accelerate Development of LiDAR in the South Korean Market
TEL AVIV, Israel and SEONGNAM CITY, South Korea, July 12, 2022 /PRNewswire/ — Innoviz Technologies Ltd. (NASDAQ: INVZ) (the “Company” or “Innoviz”), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, and Joowon Industrial, a distributor and supplier of world-class testing equipment, today announced their cooperation to drive sales for Innoviz’s LiDAR in the Korean market.… Continue reading Innoviz Technologies and Joowon Industrial Sign Distribution Agreement to Accelerate Development of LiDAR in the South Korean Market
PELOTON EXITS OWNED-MANUFACTURING AND EXPANDS PARTNERSHIP WITH LEADING TAIWANESE MANUFACTURER REXON
Transition to third-party manufacturing is the latest step by Peloton to simplify its supply chain and optimize its cost structure NEW YORK, July 12, 2022 /PRNewswire/ — Peloton Interactive, Inc. (NASDAQ: PTON) (“Peloton” or the “Company”) today announced it is exiting all owned-manufacturing operations and expanding its current relationship with leading Taiwanese manufacturer Rexon Industrial… Continue reading PELOTON EXITS OWNED-MANUFACTURING AND EXPANDS PARTNERSHIP WITH LEADING TAIWANESE MANUFACTURER REXON
BMW starts selling heated seat subscriptions for $18 a month
BMW is now selling subscriptions for heated seats in a number of countries — the latest example of the company’s adoption of microtransactions for high-end car features. A monthly subscription to heat your BMW’s front seats costs roughly $18, with options to subscribe for a year ($180), three years ($300), or pay for “unlimited” access… Continue reading BMW starts selling heated seat subscriptions for $18 a month
German Manager Magazin: Buying an electric car: What you should consider when buying a Stromer001909
Since the beginning of the year, the delivery times for electric cars nearly doubled. According to a study by the Duisburg “Center Automotive Research”, buyers are currently waiting an average of 15.6 weeks for a Stromer, compared to 8.3 weeks in January. Customers have to wait even longer for many popular models, especially if they… Continue reading German Manager Magazin: Buying an electric car: What you should consider when buying a Stromer001909
German Manager Magazin: Renault: After leaving Russia, sales collapse by almost 30 percent001909
The retreat from Russia has the sales figures of the French car manufacturer Renault dropped significantly in the first half of the year. Global sales fell 29.7 percent to just over a million vehicles, Renault announced on Tuesday. Without the Russian business, sales fell by 12 percent. The market environment continued to be characterized by… Continue reading German Manager Magazin: Renault: After leaving Russia, sales collapse by almost 30 percent001909
German Manager Magazine: ZF-Friedrichshafen: Wolf-Henning Scheider is moving to Partners Group001909
The Swiss financial investor Partners Group has appointed Wolf-Henning Scheider (60) as partner and head of private equity. Scheider, who announced his departure as CEO of German auto supplier ZF Friedrichshafen in March, will move to Partners Group in early 2023, the company said. As head of the private equity business unit, he will then… Continue reading German Manager Magazine: ZF-Friedrichshafen: Wolf-Henning Scheider is moving to Partners Group001909
Road Freight Transportation Market Size in North America to Grow by USD 103.29 billion, FedEx Corp. and Ryder System Inc. Among Key Vendors – Technavio
NEW YORK, July 12, 2022 /PRNewswire/ — Road freight transportation is the movement of goods by surface transportation carriers such as trucks and trailers. It includes full truckload and LTL transportation carriers. It also includes refrigerated trucks, which are used for the transportation of temperature-sensitive products. Road freight service providers offer logistics services, value-added services such… Continue reading Road Freight Transportation Market Size in North America to Grow by USD 103.29 billion, FedEx Corp. and Ryder System Inc. Among Key Vendors – Technavio
SIGMA LITHIUM ADVANCES CONSTRUCTION TO 25% AND ANNOUNCES POSITIVE REGULATORY UPDATES
PHASE 1 CONSTRUCTION UPDATE Sigma Lithium remains on track to deliver its battery grade high purity sustainable lithium and initiate cash flow generation in the near-term (construction progress footage can be viewed here). Approximately 25% of total construction completed; Phase 1 construction remains on schedule and on budget for commissioning to commence by December 2022;… Continue reading SIGMA LITHIUM ADVANCES CONSTRUCTION TO 25% AND ANNOUNCES POSITIVE REGULATORY UPDATES
FERODO Racing Brings Performance Braking Expertise to Conventional and Electric Bicycles
New FERODO Brake Pads, Discs and Fluid Now Available for Full Range of Mountain, Road and eBikes KONTICH, Belgium, July 12, 2022 /PRNewswire/ — FERODO Racing’s unparalleled success at the highest levels of two- and four-wheel competition has resulted in the development of a new range of top-performing brake pads, discs and fluid for conventional and… Continue reading FERODO Racing Brings Performance Braking Expertise to Conventional and Electric Bicycles