TOKYO, Nov. 12, 2021 /PRNewswire/ — Oracle Corporation Japan announced that it is helping Honda Motor improve the efficiency of its procurement for operations in Japan with Oracle Fusion Cloud Enterprise Resource Planning (ERP), optimizing the procurement cost of indirect materials. Honda and its group companies are adopting Oracle Fusion Cloud Procurement, part of Oracle Cloud ERP, to consolidate… Continue reading Honda Motor Adopts Oracle Cloud ERP to Automate and Standardize Indirect Purchasing
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Rivian rockets past GM to become 2nd most valuable carmaker
Rivian’s goal this year is to produce 1,000 electric vehicles. NEW YORK: Rivian Automotive, a company that has delivered about 150 electric pickup trucks mostly to employees, has surpassed General Motors to become the nation’s second most valuable automaker. The California company’s market valuation exceeded Ford’s in its first day a public company Wednesday. Its… Continue reading Rivian rockets past GM to become 2nd most valuable carmaker
BUZZ-Toshiba’s Frankfurt shares drop on plans to split business
(Adds London-listed CDIs) ** Toshiba’s Frankfurt shares down around 4% after co announces plans to break itself into three independent firms ** Japanese co, whose plans comes hot on the heels of a similar move by U.S. giant General Electric, says it will spin off its energy and infrastructure business and its device and storage… Continue reading BUZZ-Toshiba’s Frankfurt shares drop on plans to split business
Technology · 12:50 PM UTCToshiba plans to split into three firms, rejects calls to go privateJapan’s Toshiba Corp outlined plans on Friday to split in…
TOKYO, Nov 12 (Reuters) – Japan’s Toshiba Corp (6502.T) outlined plans on Friday to split into three independent companies, seeking to appease activist shareholders calling for a radical overhaul after years of scandal. The move echoes a shift by fellow industrial conglomerate General Electric (GE.N) and will see Toshiba spin off core businesses – its… Continue reading Technology · 12:50 PM UTCToshiba plans to split into three firms, rejects calls to go privateJapan’s Toshiba Corp outlined plans on Friday to split in…
@niche: Xos, Inc. Reports Third Quarter 2021 Results001410
LOS ANGELES, Nov. 11, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today reported financial results for the quarter ended September 30, 2021. Third quarter 2021 revenues were $357 thousand Third quarter 2021 net income was $34.9 million and operating loss was… Continue reading @niche: Xos, Inc. Reports Third Quarter 2021 Results001410
@niche: Press Lordstown Motors Reports Third Quarter 2021 Financial Results001409
LORDSTOWN, Ohio, Nov. 11, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or “LMC”), a provider of electric light duty trucks focused on the commercial fleet market, today released its third quarter 2021 financial results, and provided a business and financial outlook update. Third Quarter and Recent Key Business Highlights Reported third… Continue reading @niche: Press Lordstown Motors Reports Third Quarter 2021 Financial Results001409
@niche: It’s bizarro world in the auto industry, again001410
It’s not just Tesla. Electric-vehicle startup Rivian (RIVN) has roared into public markets with a killer public offering and a market value of $116 billion. That’s 32% more than General Motors (GM) is worth, and 47% more than Ford (F). Rivian has never sold a vehicle until this year. GM sells around 7 million vehicles… Continue reading @niche: It’s bizarro world in the auto industry, again001410
Ballard Power announces acquisition of Arcola Energy to help customers integrate fuel cell engines into heavy-duty mobility
VANCOUVER, BC, LONDON and GLASGOW, Scotland, Nov. 11, 2021 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP)(TSX: BDLP), a world leader in the design and manufacturing of PEM fuel cell engines for medium- and heavy-duty vehicles, today announced the acquisition of Arcola Energy, a UK-based systems engineering company specializing in hydrogen fuel cell powertrain and vehicle… Continue reading Ballard Power announces acquisition of Arcola Energy to help customers integrate fuel cell engines into heavy-duty mobility
How Toyota sneakily spreads anti-EV propaganda in Japan
(The following article was sent to us by a concerned Japanese resident who wishes to remain anonymous.) Remember the first electric Toyota RAV4? Probably not. The early attempt at an EV barely had a range of 100 miles and Toyota sold very few of them. Back in 2010, Toyota and Tesla jointly worked on a… Continue reading How Toyota sneakily spreads anti-EV propaganda in Japan
NVIDIA Omniverse Enterprise Delivers the Future of 3D Design and Real-Time Collaboration
For millions of professionals around the world, 3D workflows are essential. Everything they build, from cars to products to buildings, must first be designed or simulated in a virtual world. At the same time, more organizations are tackling complex designs while adjusting to a hybrid work environment. As a result, design teams need a solution… Continue reading NVIDIA Omniverse Enterprise Delivers the Future of 3D Design and Real-Time Collaboration