AlixPartners: As the global automotive market recovers more slowly than anticipated, China is rapidly emerging as an industry superpower

Chinese car manufacturers now lead the world in export volume as the traditional western car industry is running out of time to defend its historic domestic market share. LONDON, June 27, 2023 /PRNewswire/ — With supply chain bottlenecks and raw material shortages becoming a thing of the past, the global market for automobiles is growing… Continue reading AlixPartners: As the global automotive market recovers more slowly than anticipated, China is rapidly emerging as an industry superpower

Driving the Future: NoTraffic Accelerates with $50 Million Series B Funding for the Next Generation of Mobility Infrastructure

This latest funding round bolsters the company’s position as a pioneering company digitizing the mobility industry and sets the stage for further growth and innovation TEL AVIV, Israel and PALO ALTO, Calif., June 27, 2023 /PRNewswire/ — NoTraffic, the leading mobility platform, announced today the successful completion of a $50 million Series B funding led by… Continue reading Driving the Future: NoTraffic Accelerates with $50 Million Series B Funding for the Next Generation of Mobility Infrastructure

Global Aerospace Additive Manufacturing Market Report 2023: Players Include 3D Systems, Arcam, Concept Laser and CRP Technology

DUBLIN, June 28, 2023 /PRNewswire/ — The “Aerospace Additive Manufacturing Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. This report provides strategists, marketers and senior management with the critical information they need to assess the aerospace additive manufacturing market. The global aerospace additive manufacturing market is expected to grow from $2.71 billion in 2021… Continue reading Global Aerospace Additive Manufacturing Market Report 2023: Players Include 3D Systems, Arcam, Concept Laser and CRP Technology

Watch This Space: New Field of Spatial Finance Uses AI to Estimate Risk, Monitor Assets, Analyze Claims

When making financial decisions, it’s important to look at the big picture — say, one taken from a drone, satellite or AI-powered sensor. The emerging field of spatial finance harnesses AI insights from remote sensors and aerial imagery to help banks, insurers, investment firms and businesses analyze risks and opportunities, enable new services and products,… Continue reading Watch This Space: New Field of Spatial Finance Uses AI to Estimate Risk, Monitor Assets, Analyze Claims

Field to Fork: Startup Serves Food Industry an AI Smorgasbord

It worked like magic. Computer vision algorithms running in a data center saw that a disease was about to infect a distant wheat field in India. Sixteen days later, workers in the field found the first evidence of the outbreak. It was the kind of wizardry people like Vinay Indraganti call digital transformation. He’s practiced… Continue reading Field to Fork: Startup Serves Food Industry an AI Smorgasbord

Threatened by shortages, electric car makers race for supplies of lithium for batteries

Beijing — Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold” in a politically and environmentally fraught competition from China to Nevada to Chile. General Motors Co. and the parent company of China’s BYD Auto Ltd. went straight to the source and bought stakes in lithium… Continue reading Threatened by shortages, electric car makers race for supplies of lithium for batteries

Stellantis boosts marketing efforts to reach Black customers with TKT Collab

The maker of Chrysler, Dodge, Jeep, Ram and other vehicles is boosting its marketing efforts to reach Black customers and other multicultural communities. Stellantis NV on Wednesday said it has added TKT Collab — a division of Kentucky-based TKT & Associates, a Black- and woman-owned business — to its North America creative roster. It is… Continue reading Stellantis boosts marketing efforts to reach Black customers with TKT Collab

Greenbrier Adds Patrick Ottensmeyer as Independent Director to Board of Directors

Former KCS CEO Patrick J. Ottensmeyer elected to Board of DirectorsGreenbrier’s Board of Directors increases to 11 membersNew director brings substantial rail industry expertise to Greenbrier LAKE OSWEGO, Ore., June 28, 2023 /PRNewswire/ — The Greenbrier Companies, Inc. (NYSE:GBX) announced today the election of Patrick J. Ottensmeyer to the Company’s Board of Directors. The election of Ottensmeyer… Continue reading Greenbrier Adds Patrick Ottensmeyer as Independent Director to Board of Directors

@VW Group: Spotlight on e-mobility: Celebrating the 20th anniversary of Škoda Auto’s partnership with Tour de France007456

“We’re delighted to be celebrating two decades of partnership with the prestigious Tour de France. We’ve created lots of exciting content for our We Love Cycling platform, and we’ll be giving fans the chance to win professional bicycles and original Green Jerseys autographed by the racers. At the same time, we’ll be showcasing our modern… Continue reading @VW Group: Spotlight on e-mobility: Celebrating the 20th anniversary of Škoda Auto’s partnership with Tour de France007456

@VW Group: Porsche presents strong results as one of the most valuable luxury brands007460

28/06/2023 Porsche AG (ticker symbol: P911) held its first Annual General Meeting since its IPO last September at the Porsche Arena in Stuttgart on June 28. In remarks to shareholders, Chairman of the Supervisory Board Dr. Wolfgang Porsche and Chairman of the Executive Board Oliver Blume expressed satisfaction and confirmed the current strategy and forecasts.… Continue reading @VW Group: Porsche presents strong results as one of the most valuable luxury brands007460