Black Sesame, Chinese auto chip challenger to Nvidia, burns $140M a year

Chinese auto chip maker Black Sesame has recently filed to go public in Hong Kong, offering a glimpse into the business prospect and challenges of an industry that’s increasingly important amid an autonomous driving boom and China’s stride towards semiconductor independence. Founded by veterans of Bosch and OmniVision, Black Sesame is seen as one of… Continue reading Black Sesame, Chinese auto chip challenger to Nvidia, burns $140M a year

Global Body Armor Market to Reach $4.55 Billion by 2032: Increasing Adoption of Lightweight Materials Drives Growth

DUBLIN, July 10, 2023 /PRNewswire/ — The “Body Armor Market Share, Size, Trends, Industry Analysis Report, By Level, By Material Type, By Product Type, By Product Style, By Application, By Region, Segment Forecast, 2023-2032” report has been added to  ResearchAndMarkets.com’s offering. The global body armor market size is expected to reach USD 4.55 billion by… Continue reading Global Body Armor Market to Reach $4.55 Billion by 2032: Increasing Adoption of Lightweight Materials Drives Growth

Parry Labs Receives $38 Million Award for Electronic Warfare System

ALEXANDRIA, Va., July 10, 2023 /PRNewswire/ — ADS Inc. has been awarded a delivery order by DLA Troop Support on behalf of the U.S Army for production of a system to support the safety and security of our troops against modern improvised explosions and electromagnetic threats. The hardware to fulfill the $38 million delivery order… Continue reading Parry Labs Receives $38 Million Award for Electronic Warfare System

China’s car sales shrink 2.9% in June as big-ticket spending falters

BEIJING/SHANGHAI, July 10 (Reuters) – China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on Monday, as a stumbling economic recovery led to more consumer caution on big-ticket spending. Car sales in June totalled 1.91 million units, down 2.9% from last year, CPCA data showed. It was the… Continue reading China’s car sales shrink 2.9% in June as big-ticket spending falters

@VW Group: The Adventurer: Pilot Jolantha Tschudi and her dream007527

04/07/2023 In 1948, Jolantha Tschudi was the first female customer of the young sports car brand Porsche. The Swiss amateur pilot who explored Africa continues to inspire us to this day with her pioneering spirit and courage. “I’m all alone with my bird; how it obeys my every command and carries me through the air.… Continue reading @VW Group: The Adventurer: Pilot Jolantha Tschudi and her dream007527

German FAZ: “Our main opponents are the problems in the country”006376

Meeting in the Bundestag: Ricarda Lang (Greens) and Friedrich Merz (CDU) on Wednesday in Berlin Image: Andreas Pein Green party leader Ricarda Lang is arguing with opposition leader Friedrich Merz about what went wrong with the heating law, whether Germany is threatened with de-industrialization and who is leading a culture war. Mr. Merz, how is… Continue reading German FAZ: “Our main opponents are the problems in the country”006376

German FAZ: How the Chinese want to crack the German car market006376

Back in China, BYD (Build your Dreams) has become a terror for German automakers. The Chinese electric car manufacturer is now number one in the world’s largest car market. The German brands are increasingly losing touch there. And now the Chinese have also gone on the offensive in the European home market of VW, Mercedes… Continue reading German FAZ: How the Chinese want to crack the German car market006376

German FAZ: How the Chinese want to crack the German car market006376

Back in China, BYD (Build your Dreams) has become a terror for German automakers. The Chinese electric car manufacturer is now number one in the world’s largest car market. The German brands are increasingly losing touch there. And now the Chinese have also gone on the offensive in the European home market of VW, Mercedes… Continue reading German FAZ: How the Chinese want to crack the German car market006376

Auto finance: The tug of war

Product planners at automotive OEMs are responsible for models that are to be produced and sold, but many may not know that dealers also have a big advisory role, as they are the ones who are in direct contact with the market and have a greater understanding of what sells and what doesn’t. In a… Continue reading Auto finance: The tug of war