Nio sees Q4 revenue RMB 19.68B-RMB 20.38B

https://www.tipranks.com/news/the-fly/nio-sees-q4-revenue-rmb-19-68b-rmb-20-38b Sees Q4 deliveries 72,000-75,000 units. “Ongoing cost optimizations helped increase the vehicle gross margin to 13.1% in the third quarter of 2024. With continued expansion in sales volume and steady improvement in gross margin, our free cash flow turned positive this quarter,” added Stanley Yu Qu, Nio‘s (NIO) chief financial officer, “Starting next year,… Continue reading Nio sees Q4 revenue RMB 19.68B-RMB 20.38B

Bosch presents new assistance system rail forward assist for railway

Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome… Continue reading Bosch presents new assistance system rail forward assist for railway

New Bosch tram assist suite – the next step toward automation

Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome… Continue reading New Bosch tram assist suite – the next step toward automation

Efficient Bosch solutions for the commercial vehicles of today and tomorrow

Efficient powertrains, reliability on the road Electric powertrain: Bosch manufactures economical and efficient electrification solutions for both light and heavy commercial vehicles. The Bosch e-axle is easy to integrate into commercial vehicles of up to 7.5 metric tons. One benefit of this is that fleet operators will still be able to serve delivery routes in… Continue reading Efficient Bosch solutions for the commercial vehicles of today and tomorrow

Bosch at the IAA 2024

Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome… Continue reading Bosch at the IAA 2024

Innovative Bosch racetrack technology on the new Ducati Panigale V4

Mobility is the largest Bosch Group business sector. In 2023, its sales came to 56.2 billion euros, or just under 60 percent of total Group sales. This makes the Bosch Group one of the leading mobility suppliers. Bosch Mobility pursues a vision of mobility that is safe, sustainable, and exciting. For its customers, the outcome… Continue reading Innovative Bosch racetrack technology on the new Ducati Panigale V4

NVIDIA Announces Financial Results for Third Quarter Fiscal 2025

Record quarterly revenue of $35.1 billion, up 17% from Q2 and up 94% from a year ago Record quarterly Data Center revenue of $30.8 billion, up 17% from Q2 and up 112% from a year ago SANTA CLARA, Calif., Nov. 20, 2024 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported revenue for the third quarter… Continue reading NVIDIA Announces Financial Results for Third Quarter Fiscal 2025

The Need for Speed: NVIDIA Accelerates Majority of World’s Supercomputers to Drive Advancements in Science and Technology

Starting with the release of CUDA in 2006, NVIDIA has driven advancements in AI and accelerated computing — and the most recent TOP500 list of the world’s most powerful supercomputers highlights the culmination of the company’s achievements in the field. This year, 384 systems on the TOP500 list are powered by NVIDIA technologies. Among the… Continue reading The Need for Speed: NVIDIA Accelerates Majority of World’s Supercomputers to Drive Advancements in Science and Technology

Mobis to focus on earnings, value-added parts

Hyundai Mobis CEO Lee Gyu-suk. Hyundai Mobis Company, South Korea’s largest automotive parts producer, outlined its mid-term strategy in light of the slower-than-expected in the global battery electric vehicle (BEV) market. At this year’s CEO Investor Day in Seoul this week, the company confirmed it will focus more on improving earnings and on supplying more… Continue reading Mobis to focus on earnings, value-added parts

Zacks Industry Outlook Highlights Zurn Elkay, Eaton, Emerson Electric and Powell Industries

Chicago, IL – November 20, 2024 – Today, Zacks Equity Research discusses Zurn Elkay Water Solutions Corp. ZWS, Eaton Corp. plc ETN, Emerson Electric Co. EMR and Powell Industries, Inc. POWL. Industry: Electronics Manufacturing Link: https://www.zacks.com/commentary/2371962/4-manufacturing-electronics-stocks-to-watch-despite-industry-headwinds The Zacks Manufacturing – Electronics industry has been grappling with persistent weakness in the manufacturing sector, slowdown in new… Continue reading Zacks Industry Outlook Highlights Zurn Elkay, Eaton, Emerson Electric and Powell Industries