Energy company Enel Group has folded its EV charging subsidiary eMotorWerks into its energy services business unit Enel X. Enel X will now offer the EV charging app JuicePass and eMotorWorks’s smart charging products, including: JuiceBox EV charging station JuiceNet IoT cloud software JuiceConnect software, which enables smart charging control when integrated with software from… Continue reading Enel Group folds eMotorWerks into Enel X brand
Tag: Strategy
Indonesian used car platform BeliMobilGue gets $30m, names OVO director as CEO
Indonesian used car marketplace BeliMobilGue.co.id has received an investment commitment of over $30 million from Berlin-based JV partner Frontier Car Group. The investment will be made over the next two years, it announced in an official statement. The move is part of the company’s efforts to capture a dominant market position in Southeast Asia’s largest… Continue reading Indonesian used car platform BeliMobilGue gets $30m, names OVO director as CEO
BMW Group sales increase further in July
Munich. BMW Group sales continued their positive trend in July: worldwide deliveries were up 1.3% on the same month last year, with a total of 183,487 premium BMW, MINI and Rolls-Royce vehicles sold. This brings the company’s total sales for the year to date to 1,436,382 (+0.9%). This growth was achieved despite ongoing volatility in… Continue reading BMW Group sales increase further in July
Scout24 sets strategic review for autos platform
The headquarters of Scout24, an operator of digital marketplaces for real estate and automobiles, is pictured in Munich, Germany July 5, 2019. REUTERS/Michael Dalder FRANKFURT (Reuters) – German classified listings group Scout24 (G24n.DE), reporting upbeat second-quarter profits, said on Tuesday it would explore options for its autos platform after facing calls from activist investor Elliott… Continue reading Scout24 sets strategic review for autos platform
Lyft Announces Record First Quarter Results
First quarter revenue grew to $776 million, up 95% year-over-yearActive Riders grew to over 20.5 million in the quarter SAN FRANCISCO, May 07, 2019 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its first quarter ended March 31, 2019. “The first quarter was a strong start to an important year, our first… Continue reading Lyft Announces Record First Quarter Results
Tech Mahindra Acquires Leading Strategic Design Consultancy, Mad*Pow
Newsroom/Press Releases/Tech Mahindra Acquires Leading Strateg…
Tech Mahindra Acquires Leading Strategic Design Consultancy, Mad*Pow
Collaboration Strengthens Customer Experience Portfolio and Global Reach
Boston, New Delhi – July 30, 2019: Tech Mahindra, a leading provider of digital transformation and consulting services and solutions has announced the acquisition of Mad*Pow, a strategic design consultancy headquartered in the US. The addition of Mad*Pow to the Tech Mahindra portfolio is expected to help bolster capabilities in Customer Experience (CX) and digital transformation such as research, experience strategy and service design, user experience design, behavior change design, content strategy, mobile app and web development, design ops, data science and analytics. The Boston-area consultancy will offer a strong complement to Tech Mahindra’s existing offerings and capabilities across design, marketing and commerce.
CP Gurnani, MD & CEO, Tech Mahindra, said, “Mad*Pow's acquisition is in sync with Tech Mahindra’s global digital charter. With this collaboration, our digital footprint will take a deeper root not just in the US, but in the wider ecosystem world over. I welcome the Mad*Pow team into the Tech Mahindra family, and I am confident that together we will achieve greater success.”
A pioneer in the experience design field, Mad*Pow leverages strategic design and the psychology of motivation to create innovative experiences and compelling digital solutions for global clients. Mad*Pow’s unique human-centered design approach is fueled by deep empathy and an understanding of behavior science, which will create real differentiation for Tech Mahindra’s 900+ customers.
Will Powley, Founder and Chief Creative Officer, Mad*Pow, said, “Tech Mahindra’s experience and reach will enable Mad*Pow to scale faster by greatly enhancing its digital transformation offerings with existing and potential clients. The collaboration will also create vast opportunities for Mad*Pow to provide it’s unique and differentiated strategic design services to Tech Mahindra's large global customer base.”
Vivek Agarwal, Global head of Corporate Development, Tech Mahindra, said, “We are excited to announce Tech Mahindra’s key acquisition of a digital asset in North America. The addition of Mad*Pow to Tech Mahindra family will greatly enhance our ability to create and deliver enhanced customer experiences for our global clients.”
Mad*Pow’s acquisition underlines Tech Mahindra’s focus on digital growth, under the TechMNxt charter, which focuses on leveraging next generation technologies and solutions to disrupt and enable digital transformation, and to build and deliver cutting-edge technology solutions and services to address real world problems to meet the customer’s evolving and dynamic needs.
About Mad*Pow
Mad*Pow is a purpose-driven, strategic design consultancy that strives to work on projects that promote health, financial wellbeing, and social impact. Since 2000, Mad*Pow has been collaborating with customers to make a positive influence on people’s lives and solve real world problems. Mad*Pow’s senior team of 80+ designers, strategists, behaviour change experts, researchers, technologists, and creative thinkers are focused on helping their clients with experience innovation, behaviour change, and digital solutions.
About Tech Mahindra
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences, enabling Enterprises, Associates and the Society to Rise™. We are a USD 4.9 billion company with 125,700+ professionals across 90 countries, helping 941 global customers including Fortune 500 companies. Our convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value and experiences to our stakeholders. Tech Mahindra is the highest ranked Non-U.S. company in the Forbes Global Digital 100 list (2018) and in the Forbes Fab 50 companies in Asia (2018).
We are part of the USD 21 billion Mahindra Group that employs more than 200,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.
Connect with us on www.techmahindra.com || Our Social Media Channels
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For more information on Tech Mahindra, please contact:
Tuhina Pandey, Global Corporate Communications
Email: media.relations@techmahindra.com; Tuhina.Pandey@TechMahindra.com
The most powerful Porsche Cayenne is a plug-in hybrid
All Cayenne models feature LED headlights, a cruise control system with speed limiter function, camera-based pedestrian protection and Park Assist at the front and rear – including a rear-view camera system in the Cayenne Coupé. Optional extras include LED matrix beam headlights, a head-up display, Night Vision with thermal imaging camera, and the Porsche InnoDrive… Continue reading The most powerful Porsche Cayenne is a plug-in hybrid
Mitsubishi Motors to Introduce its Customers to a New Energy Plan by MC Retail Energy
TOKYO, Aug 8, 2019 – (JCN Newswire) – Mitsubishi Motors Corporation (MMC) will be offering its customers a low-price electric car charging plan that MC Retail Energy Co., Ltd. (MCRE) will launch on October 1, 2019, at some MMC affiliated dealers in Japan. This plan will allow unlimited charging of electric vehicles during certain hours past midnight on a… Continue reading Mitsubishi Motors to Introduce its Customers to a New Energy Plan by MC Retail Energy
Dealers’ overage stock declines as days in stock increases
Overage stock is on the decline, with 83% of dealer reporting a fall in overage used cars as a result of supply and taxation deals. Data from Cox Automotive shows stock has started to return to the wholesale sector, with 43% citing a decline in consumer demand. Days in stock have also increased by 40%.… Continue reading Dealers’ overage stock declines as days in stock increases
NIO Inc. Provides July 2019 Monthly Delivery Update
Delivered 837 vehicles in July 2019, consisting of 673 ES6s and 164 ES8s Cumulative deliveries of ES8 and ES6 reached 19,727 SHANGHAI, China, Aug. 12, 2019 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its July 2019 delivery results. NIO delivered 837 vehicles… Continue reading NIO Inc. Provides July 2019 Monthly Delivery Update