Leading tyre maker Bridgestone India has made a strategic investment in Jaipur-based tyre management services start-up Fleeca India, as part of its strategy to provide latest mobility solutions. Fleeca India provides digital-based business solutions to fleet operators to increase efficiencies of their tyre usage. According to Bridgestone India, the domestic market is fast evolving and… Continue reading Bridgestone India invests in tyre management services startup Fleeca India
Tag: Strategy
@BMW: BMW Group commissions study on sustainable lithium extraction.000821
Munich. The BMW Group is continuing its efforts to achieve sustainable supply chains and has commissioned two renowned American universities to conduct a scientific analysis of water consumption in the lithium extraction process. The aim of the University of Alaska-Anchorage and University of Massachusetts-Amherst study will be to investigate the impacts of lithium extraction on… Continue reading @BMW: BMW Group commissions study on sustainable lithium extraction.000821
Bolt raises $182M to expand its on-demand transportation network in Europe and Africa
In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and on bikes across developed and emerging markets in EMEA is announcing a major round of funding. Bolt, which covers 200 cities in 40… Continue reading Bolt raises $182M to expand its on-demand transportation network in Europe and Africa
Continental Presents “Vision 2030” Strategic Program for the Tire Business Area
Focus of “Vision 2030” lies on systematic customer-centric alignment of all business activities as well as further profitable growth Smart digital tire solutions and realization of ambitious sustainability goals will be key success factors and differentiators in the marketplace “Vision 2030” sets the stage for the next chapter in the Tires business area’s success story… Continue reading Continental Presents “Vision 2030” Strategic Program for the Tire Business Area
Winning the Transformation: Continental Presents Realigned Strategy
Three strategic cornerstones: strengthen operating performance, differentiate our portfolio, turn the change to connected and sustainable mobility into an opportunity Strategic mid-term targets: adjusted EBIT margin: around 8 to 11 percent; annual organic growth: around 5 to 8 percent; ROCE: around 15 to 20 percent; cash conversion ratio: more than 70 percent Continental CEO Nikolai Setzer: “With our future-oriented technologies… Continue reading Winning the Transformation: Continental Presents Realigned Strategy
LG Energy Solution Supplies High-Capacity Batteries to an American Electric Bus Manufacturer Proterra
LG Energy Solution’s high-capacity batteries were supplied to Proterra for its electric bus “ZX5”. The battery has twice more energy compared to LFP batteries of CATL and BYD based in China. With the recent supply, LG Energy Solution and Proterra have solidified their strategic relationship.According to the industry on Tuesday, LG Energy Solution recently supplied… Continue reading LG Energy Solution Supplies High-Capacity Batteries to an American Electric Bus Manufacturer Proterra
@Toyota: Every Step Counts – Toyota Releases its 2020 North American Environmental Report
PLANO, Texas (December 15, 2020) – Toyota endeavors to help address major environmental issues facing the global community, such as climate change, water scarcity, resource depletion and habitat loss. To minimize environmental impact across its business and maximize positive outcomes, Toyota Motor North America (TMNA) has focused its 2020 environmental sustainability efforts on five key areas –carbon,… Continue reading @Toyota: Every Step Counts – Toyota Releases its 2020 North American Environmental Report
@Ford: Mark Ovenden, Gary Johnson Retiring From Ford; Craig, Savona, Gray, Filipe to Take on New Assignments
Dianne Craig, currently CEO, FordDirect, will follow Ovenden as president, IMG John Savona, now North America manufacturing head, to succeed Johnson in global role Roles for Chuck Gray, Dave Filipe change as technology revolutionizes vehicles, services DEARBORN, Mich., Dec. 15, 2020 – Two accomplished senior Ford executives have announced their plans to retire from the… Continue reading @Ford: Mark Ovenden, Gary Johnson Retiring From Ford; Craig, Savona, Gray, Filipe to Take on New Assignments
China search giant Baidu considers making own electric vehicles: sources
BEIJING: China’s Baidu Inc is considering making its own electric vehicles and has held talks with automakers about the possibility, said three people with knowledge of the matter, the latest move in a race among tech firms to develop smart cars. The search engine leader, which also develops autonomous driving technology and internet connectivity infrastructure,… Continue reading China search giant Baidu considers making own electric vehicles: sources
Vitesco supplies Renault with actuator module for electrified transmissions
Vitesco’s actuator module for electrified transmissions. Vitesco Technologies, a Continental business division and a leading international developer and manufacturer of state-of-the-art powertrain technologies for sustainable mobility, has announced that its actuator module is now doing duty in the dedicated hybrid transmission of French carmaker Renault’s E-Tech platforms. Similar to the new full hybrid from Renault,… Continue reading Vitesco supplies Renault with actuator module for electrified transmissions