Indian Oil Corporation, India’s largest refiner and marketer of petroleum products, and Total, the broad energy company with headquarters in Paris, France, have inked a 50:50 joint venture that will manufacture and market high-quality bitumen derivatives and speciality products products for the growing road-building industry in India. Total is the leading bitumen manufacturer and supplier in Europe, while Indian Oil iis the largest player in the Indian btumen market. The two companies have already an established business relationship in India, notably… Continue reading Indian Oil and Total set up JV to make and market bitumen derivatives for building high-quality roads
Tag: Strategy
ALYI Confirms Electric Delivery Truck For Sub Saharan Africa
DALLAS, July 27, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed plans for producing and selling electric delivery trucks in Africa made of hemp and powered by hemp batteries. Further design details are expected to be revealed later this year. The company CEO Dr. Randell Torno, first announced the electric delivery vehicles last September in an… Continue reading ALYI Confirms Electric Delivery Truck For Sub Saharan Africa
VW’s US Plant Expansion Is “On Plan” – You’ll Get The ID.4 In 2022
When we told you Volkswagen planned to produce 1 million EVs by 2022, we knew China was a big part of that plan. What we did not imagine was that the US would play such a small starting role, and so late. 2022 will be the year Volkswagen will start delivering the ID.4 in the… Continue reading VW’s US Plant Expansion Is “On Plan” – You’ll Get The ID.4 In 2022
Automotive Automatic Transmission Market Status by Upcoming Trends 2020 Growth Drivers | Competitive Strategy, Regional Outlook with SWOT Analysis till 2024 – Bulletin Line
The “Automotive Automatic Transmission Market” report covers the overview of the market and presents the information on business development, market size, and share scenario. The report also emphasizes on the growth prospects of the global Automotive Automatic Transmission market for the period 2020-2024. The report covers market characteristics for each segmentation across the key regions… Continue reading Automotive Automatic Transmission Market Status by Upcoming Trends 2020 Growth Drivers | Competitive Strategy, Regional Outlook with SWOT Analysis till 2024 – Bulletin Line
@BMW: No premium without responsibility: BMW Group makes sustainability and efficient resource management central to its strategic direction
Board of Management and executive management will be measured against new sustainability targets First-ever CO2 goals for full lifecycle up to 2030 Science-Based Targets form basis for new goals Far-reaching product strategy: Major CO2 reduction with more than seven million electrified vehicles Carbon emissions from production and sites to be lowered by 80% per vehicle… Continue reading @BMW: No premium without responsibility: BMW Group makes sustainability and efficient resource management central to its strategic direction
PSA Aftermarket acquires used parts business Amanhã Global
PSA Aftermarket has acquired Portuguese used car parts specialist Amanhã Global and its e-commerce platform B-Parts.com. The acquisition will strengthen PSA’s aftermarket offering by allowing it to meet the expectations of all after-sales customers worldwide, regardless of their purchasing power, make or age of their vehicle. PSA Aftermarket intends to be able to supply automotive… Continue reading PSA Aftermarket acquires used parts business Amanhã Global
Top EU official slams Volkswagen as ‘complicit’ in Chinese oppression – Politico
The Volkswagen factory in Wolfsburg, Germany. | Stuart Franklin/Getty Images The chair of the European Parliament’s delegation for relations with China, Reinhard Bütikofer, has slammed Volkswagen for not confronting China over its treatment of the Uighur minority in a region where the German carmaker has a factory. China’s crackdown on the Muslim Uighur community in… Continue reading Top EU official slams Volkswagen as ‘complicit’ in Chinese oppression – Politico
Innoviz solid-state lidar selected by Shaanxi Heavy Duty Automobile Co. for autonomous truck project at Chinese port – Green Car Congress
Innoviz Technologies, a leading provider of high-performance, solid-state lidar sensors and perception software, announced cooperation with Shaanxi Heavy Duty Automobile Co. in Xi’an, China to deploy autonomous trucks for an upcoming project in one of the biggest ports in China. Shaanxi Heavy Duty Automobile Co. Ltd., better known as Shacman Trucks outside China, is one… Continue reading Innoviz solid-state lidar selected by Shaanxi Heavy Duty Automobile Co. for autonomous truck project at Chinese port – Green Car Congress
Tesla takes aim at Rivian in lawsuit alleging trade secret theft, poaching talent
Tesla filed a lawsuit against electric vehicle automaker Rivian and four former employers, on allegations of poaching talent and stealing trade secrets. Bloomberg was the first to report the lawsuit filed in California Superior Court in Santa Clara. Tesla alleges in the lawsuit that Rivian recruits Tesla employees and encourages them to take proprietary information… Continue reading Tesla takes aim at Rivian in lawsuit alleging trade secret theft, poaching talent
@Groupe PSA: PSA Aftermarket acquires Amanhã Global to accelerate the circular economy of multi-brand spare parts.
PSA Aftermarket has acquired Amanhã Global and its e-commerce platform B-Parts.com by acquiring a majority stake in the capital of the company. The acquisition of this sector leader in re-use parts (Reuse) aims to complete PSA Aftermarket’s conquest strategy in the circular economy, underpinned by a target of tripling turnover by 2023. As part of… Continue reading @Groupe PSA: PSA Aftermarket acquires Amanhã Global to accelerate the circular economy of multi-brand spare parts.