Group14 accelerates its strategy to build silicon battery technology infrastructure in Europe to support its automotive customers and partners Acquisition of Schmid Silicon, Europe’s most technologically advanced silane manufacturer, sets up Group14 to provide for a more secure silicon battery supply chain As Group14 establishes operations in Europe, the company plans to open its first… Continue reading Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
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GTCR to Acquire Once For All from Warburg Pincus
Investment to accelerate growth behind leading compliance and supply chain management software provider CHICAGO, July 24, 2023 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Once For All (the “Company”), a leading compliance and supply chain management software provider, from Warburg Pincus. Financial terms of… Continue reading GTCR to Acquire Once For All from Warburg Pincus
Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
The global automotive power electronics market is driven by factors such as rise in demands for electric vehicles, increasing trend for electrification across the automotive industry, and government regulations for vehicle safety systems. PORTLAND, Ore., July 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Power Electronics Market by Device (Power IC, Module/Discrete),… Continue reading Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
International Airlines Group announces significant investment into Nova Pangaea Technologies in global race to secure Sustainable Aviation Fuel
Investment into Nova Pangaea Technologies (NPT) announced by International Airlines Group (IAG) is in addition to a $865 million commitment to SAF; NPT, a UK-based cleantech company developing advanced biofuels from non-food agricultural waste and wood residues, now eyes expansion in Europe; Investment will also support delivery of the first commercial plant of its kind… Continue reading International Airlines Group announces significant investment into Nova Pangaea Technologies in global race to secure Sustainable Aviation Fuel
Bahamas to Enter Agreements with Kingdom of Saudi Arabia
NASSAU, Bahamas, July 21, 2023 /PRNewswire/ — The Honourable I. Chester Cooper, Bahamas Deputy Prime Minister and Minister of Tourism, Investments & Aviation is leading a delegation of tourism officials to the Kingdom of Saudi Arabia for three days of meetings culminating in the signing of a multi-million-dollar contract with the Saudi Fund for Development… Continue reading Bahamas to Enter Agreements with Kingdom of Saudi Arabia
TUMI AND HIGHSNOBIETY JOIN FORCES ON DISRUPTIVE CONTENT SERIES, BRINGING THE TUMI | McLAREN COLLECTION TO THREE FORMULA 1 GRAND PRIX RACES ACROSS THREE CONTINENTS
Captured through the lens of Highsnobiety, this three-part series entitled ‘The High Road’ will chronicle a journey in McLaren’s supercars through Britain, Singapore, and Las Vegas, and bring to life three unique stories with unexpected talent and eye-catching visuals. NEW YORK, July 21, 2023 /PRNewswire/ — Today, international travel and lifestyle brand TUMI debuted The High Road,… Continue reading TUMI AND HIGHSNOBIETY JOIN FORCES ON DISRUPTIVE CONTENT SERIES, BRINGING THE TUMI | McLAREN COLLECTION TO THREE FORMULA 1 GRAND PRIX RACES ACROSS THREE CONTINENTS
ComplyAuto Introduces Cutting-Edge Encryption Tool for Automotive, RV, and Motorcycle Dealers, Redefining Industry Standards For Data Protection
SANDY, Utah, July 26, 2023 /PRNewswire/ — ComplyAuto has created a solution to the pervasive issue of salespeople requesting customers to send non-public information (NPI) over text messages, emails, and other insecure methods back to salespeople at the dealership. Not only that, this information is not in the dealership’s control if the salesperson loses his/her phone,… Continue reading ComplyAuto Introduces Cutting-Edge Encryption Tool for Automotive, RV, and Motorcycle Dealers, Redefining Industry Standards For Data Protection
US lawmakers struggle to find deal on self-driving cars
WASHINGTON, July 26 (Reuters) – Congress still faces serious hurdles to winning approval for long-stalled legislation to speed the adoption of self-driving cars. “China is currently moving ahead with ambitious plans to lead the development and deployment of this technology,” said House Energy and Commerce Committee chair Cathy McMorris Rodgers at a hearing Wednesday. “We… Continue reading US lawmakers struggle to find deal on self-driving cars
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Michelin delivered sales growth of 5.9% and increased segment operating income by 11.4% in the first half of 2023, in adverse markets. Free cash flow before M&A reached €922 million. Guidance is revised upwards.
Clermont-Ferrand, July 26, 2023 – 5:45 pm COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin delivered sales growth of 5.9% and increased segment operating income by 11.4% in the first half of 2023, in adverse markets. Free cash flow before M&A reached €922 million. Guidance is revised upwards. Sales up 5.9% to €14.1 billion, lifted by dynamic… Continue reading Michelin delivered sales growth of 5.9% and increased segment operating income by 11.4% in the first half of 2023, in adverse markets. Free cash flow before M&A reached €922 million. Guidance is revised upwards.