The Motherson Group, one of India’s and the world’s leading specialised automotive component manufacturers, through Samvardhana Motherson International Ltd (SAMIL) has announced plans to acquire Atsumitec Co of Japan for $57 million (Rs 475 crore). Founded in 1949, Atsumitec has core capabilities in metal and machining business primarily manufacturing gear-shifters, chassis and transmission components for… Continue reading Samvardhana Motherson targets more Japanese OEM business with Atsumitec buyout
Tag: Mitsubishi
Amnesty International blasts electric car makers in battery material mining report
The world’s largest electric car manufacturers are neglecting human rights by not addressing supply chain risk, according to Amnesty International. The not-for-profit organisation’s findings, published as part of a 102-page report, say a failure by car makers to tackle risk in their mineral supply chains has potentially left communities living closest to mines, where cobalt, lithium, nickel… Continue reading Amnesty International blasts electric car makers in battery material mining report
Amnesty International blasts electric car makers in battery material mining report
The world’s largest electric car manufacturers are neglecting human rights by not addressing supply chain risk, according to Amnesty International. The not-for-profit organisation’s findings, published as part of a 102-page report, say a failure by car makers to tackle risk in their mineral supply chains has potentially left communities living closest to mines, where cobalt, lithium, nickel… Continue reading Amnesty International blasts electric car makers in battery material mining report
Amnesty International blasts electric car makers in battery material mining report
The world’s largest electric car manufacturers are neglecting human rights by not addressing supply chain risk, according to Amnesty International. The not-for-profit organisation’s findings, published as part of a 102-page report, say a failure by car makers to tackle risk in their mineral supply chains has potentially left communities living closest to mines, where cobalt, lithium, nickel… Continue reading Amnesty International blasts electric car makers in battery material mining report
Electric car makers blasted in battery material mining report
BYD and Mitsubishi declined to provide statements in response to the findings, either to Autocar or Amnesty International. In an attempt to improve supply chain visibility, the European Union will launch a battery passport from 1 February 2027, needed for all EV batteries over 2kWh. Gavin Harper, a critical materials research fellow at the University of… Continue reading Electric car makers blasted in battery material mining report
PurpleVine permet à TCL d’entrer avec succès dans la communauté de brevets HEVC Advance
SHENZHEN, Chine, 4 décembre 2024 /PRNewswire/ — Le 26 novembre 2024, Access Advance LLC (« AA ») et TCL Electronics Holdings Limited (« TCL » ou le « Client ») ont annoncé que TCL avait officiellement rejoint la communauté de brevets HEVC Advance, en tant que titulaire de licence. PurpleVine IP Group (« PurpleVine ») a joué un rôle essentiel dans cette réussite, en fournissant… Continue reading PurpleVine permet à TCL d’entrer avec succès dans la communauté de brevets HEVC Advance
PurpleVine ebnet TCL den Weg in den HEVC-Advance-Patentpool
SHENZHEN, China, 4. Dezember 2024 /PRNewswire/ — Am 26. November 2024 gaben Access Advance LLC („AA”) und TCL Electronics Holdings Limited („TCL” oder „Kunde”) bekannt, dass TCL offiziell dem HEVC-Advance-Patentpool als Lizenznehmer beigetreten ist. Die PurpleVine IP Group („PurpleVine”) spielte bei diesem Erfolg eine entscheidende Rolle, indem sie das gesamte Spektrum an Dienstleistungen, einschließlich strategischer Planung, globalem… Continue reading PurpleVine ebnet TCL den Weg in den HEVC-Advance-Patentpool
Press Brakes Market to grow by USD 555.7 million (2024-2028), fueled by rising demand for CNC press brakes, with AI driving market transformation – Technavio
NEW YORK, Dec. 3, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global press brakes market size is estimated to grow by USD 555.7 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 5.32% during the forecast period. Increase in demand for CNC press… Continue reading Press Brakes Market to grow by USD 555.7 million (2024-2028), fueled by rising demand for CNC press brakes, with AI driving market transformation – Technavio
MUFG Announces Executive Leadership Changes Within its Securities Business
Denis McHugh appointed Chief Executive Officer of MUFG Securities Americas Inc. (MUSA), while Charles Green, Jr. joins the company as Chief Risk Officer for MUSA, Head of Market Risk Americas, MUFG Securities (Canada), Ltd., and International CRO for MUSI NEW YORK, Dec. 3, 2024 /PRNewswire/ — MUFG, one of the world’s leading financial groups, has… Continue reading MUFG Announces Executive Leadership Changes Within its Securities Business
Aramco completes acquisition of 10% stake in Horse Powertrain Limited
Following the signing of definitive agreements on June 28, 2024, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain Limited (“Horse Powertrain”), based on an enterprise value of €7.4 billion Renault Group and Geely (through Geely Holding and Geely Auto) each retain a 45% equity stake in Horse Powertrain The investment solidifies a… Continue reading Aramco completes acquisition of 10% stake in Horse Powertrain Limited