Perhaps faster delivery times were a poor choice from a unit-economics perspective

In every startup cycle, there are attempts to get consumers goods faster than ever before, the hope being that technology has improved to the point that such deliveries are financially possible. Infamous dot-com-era flameouts are now ancient history, but they do indicate just how long founders and their backing investors have been working on the… Continue reading Perhaps faster delivery times were a poor choice from a unit-economics perspective

Apple Car Director Heads to Luminar After Less Than a Year

(Bloomberg) — Luminar Technologies Inc. hired Christopher “CJ” Moore, a manager on Apple Inc.’s car project and a former director of Autopilot at Tesla Inc., to lead global software development. Most Read from Bloomberg Moore, who had joined Apple in August, will lead Luminar’s software team to develop autonomous safety features integrated with its lidar,… Continue reading Apple Car Director Heads to Luminar After Less Than a Year

NIO to Invest $32.8M in Shanghai Battery Labs & Cell Plant

Per an environmental assessment report, NIO Inc. NIO plans to invest RMB 218.5 million ($32.8 million) to build lithium-ion battery labs and a cell pilot production line in Shanghai. The plan consists of a research & development (R&D) project in Anting town, Shanghai, comprising 31 R&D labs partaking in lithium-ion cell and battery pack research… Continue reading NIO to Invest $32.8M in Shanghai Battery Labs & Cell Plant

Europe and North America Additive Manufactured Polymer Automotive Parts Markets Report 2022: Opportunities, Hardware, Impact of Major Automotive Trends , Material Assessment

DUBLIN, May 26, 2022 /PRNewswire/ — The “The Market for Additive Manufactured Polymer Automotive Parts: Europe and North America Regions” report has been added to ResearchAndMarkets.com’s offering. This report analyzes the future of 3D printing of polymers within the automotive industry through the lens of megatrends that are already having profound effects on the supply chain,… Continue reading Europe and North America Additive Manufactured Polymer Automotive Parts Markets Report 2022: Opportunities, Hardware, Impact of Major Automotive Trends , Material Assessment

ILC Dover Becomes a Provider of Ascent / Entry Spacesuits for Boeing’s Starliner

NEWARK, Del., May 26, 2022 /PRNewswire/ — ILC Dover, the leading provider of spacesuits since the Apollo era, today announced that it was selected to be one of two providers of Boeing’s Ascent/Entry Suit (AES) for the company’s Commercial Crew Program and has developed a bespoke AES spacesuit for CST-100 Starliner crews. “We are proud… Continue reading ILC Dover Becomes a Provider of Ascent / Entry Spacesuits for Boeing’s Starliner

DENSO Announces Recipients of 2021 North America Business Partner of the Year Awards

Annual awards celebrate partners who help DENSO provide customers with exceptional quality, service and value Fifteen recipients honored at DENSO’s 2022 North America Business Convention Annual meeting fosters collaboration between DENSO and its supply chain, helping both succeed in today’s evolving mobility landscape SOUTHFIELD, Mich., May 26, 2022 /PRNewswire/ — DENSO, a leading mobility supplier, has… Continue reading DENSO Announces Recipients of 2021 North America Business Partner of the Year Awards

Hagerty Expands Marketplace Business Adding Digital Classifieds Platform

The platform is Hagerty’s first foray into the private party transaction segment of the collectible car market, estimated to total about 43 million insurable vehicles nationwide.[1] In 2021, Hagerty observed its insurance members buying or selling approximately 280,000 collector cars, representing $9.5 billion in value.[2] “Hagerty classifieds is about giving our members a safe, secure… Continue reading Hagerty Expands Marketplace Business Adding Digital Classifieds Platform

TRADE X Opens New Office in Lagos, Nigeria to Accommodate Growing Automotive Demand in Africa’s Largest Economy

The TRADE X global automotive trading platform and new Lagos facility will connect automotive dealers in the West African nation with suppliers in North America, Europe, and Asia. TORONTO, May 26, 2022 /PRNewswire/ — TRADE X, a B2B cross-border automotive trading platform based in Ontario, Canada, today announced that it has opened a new office… Continue reading TRADE X Opens New Office in Lagos, Nigeria to Accommodate Growing Automotive Demand in Africa’s Largest Economy

ElectricPe inks partnership with Electric One

Representative Image New Delhi: EV charging platform ElectricPe today entered into a partnership with Electric One, an EV superstore chain and the only Indo-German multi-branded e-mobility franchise company, to provide charging infrastructure and encourage EV adoption. Through this collaboration, Electric One customers across 82 stores in India will get access to ElectricPe’s EV platform. This… Continue reading ElectricPe inks partnership with Electric One

L&T Technology Services inaugurates engineering R&D Centre in Poland

Seen in the picture (from right to left): Jagyan Mishra, Delivery Head (Europe) at LTTS, Abhishek Sinha, Chief Operating Officer and Member of the Board at LTTS, Jerzy Muzyk, Deputy Mayor of the City of Krakow, Her Excellency Nagma Mohamed Mallick, Ambassador of India to the Republic of Poland, Lukasz Słoniowski, President of the Board… Continue reading L&T Technology Services inaugurates engineering R&D Centre in Poland