Wipro Infrastructure Engineering operates in hydraulics, industrial automation, aerospace, water treatment, and additive manufacturing. Wipro Enterprises‘ industrial automation business Wipro Pari will acquire a majority stake in Italy-based Ferretto Automation & Services for an undisclosed amount. Wipro Pari, part of Wipro Infrastructure Engineering, has signed a definitive agreement to acquire a “significant majority share capital”… Continue reading Wipro Enterprises to acquire a majority stake in Italy-based Ferretto Automation
Tag: Financial Results
Ford says it is ‘at the limit’ with UAW contract offer
About 4,600 Ford workers could be idled because their jobs depend on production of Super Duty pickups and large Lincoln and Ford SUVs at Kentucky Truck, said Ford manufacturing vice president Bryce Currie. A senior Ford executive said Thursday the automaker is “at the limit” of what it can spend on higher wages and benefits… Continue reading Ford says it is ‘at the limit’ with UAW contract offer
Formant Raises $21M in Funding
Formant, a Mill Valley, CA-based data platform for robotics companies, raised $21m in its latest funding round. Backers included BMW i Ventures, Intel Capital, and GS Futures. The company intends to use the funds to: Continue to invest in product and GTM to drive enterprise adoption Expand partnership efforts and build out the Formant integration ecosystem Bring… Continue reading Formant Raises $21M in Funding
Enterprise Holdings accelerates toward next era of mobility with diverse portfolio and growing global footprint
Millions of customers around the world use business to meet mobility needs, driving best year on record ST. LOUIS, Oct. 11, 2023 /PRNewswire/ — Enterprise Holdings, a global leader in mobility, has strengthened its ambitions in helping shape the future of mobility with strong results across its diverse lines of business, a significant jump in… Continue reading Enterprise Holdings accelerates toward next era of mobility with diverse portfolio and growing global footprint
Tire Cord Fabrics Market to Boom to US$16 Billion by 2033, Driven by Innovations in Performance and Durability | Future Market Insights, Inc.
Innovations in tire cord fabrics propel the market forward as manufacturers seek to enhance tire performance and durability to meet the growing demand from the EV revolution and sustainability concerns. The tire cord fabrics market is expected to grow at a CAGR of 7.1%, driven by these factors NEWARK, Del., Oct. 11, 2023 /PRNewswire/ — The… Continue reading Tire Cord Fabrics Market to Boom to US$16 Billion by 2033, Driven by Innovations in Performance and Durability | Future Market Insights, Inc.
Tire Recycling Market to Reach $18,137.8 Million, Globally, by 2032 at 3.3% CAGR: Allied Market Research
The global tire recycling market is experiencing growth due to the rise in the number of automobiles, initiatives for encouraging tire recycling, and problems associated with the disposal of scrap tires. PORTLAND, Ore., Oct. 11, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Tire Recycling Market by Process (Pyrolysis, Shredding, Refurbishing), by Product (Crumbed Rubber,… Continue reading Tire Recycling Market to Reach $18,137.8 Million, Globally, by 2032 at 3.3% CAGR: Allied Market Research
Driving Thailand Car MAAS (Mobility as a service) Market: Explore Top 4 Key Facets: Ken Research
GURUGRAM, India, Oct. 11, 2023 /PRNewswire/ — The Thailand Car Mobility-as-a-Service Market is expected to contribute USD ~2500 Mn by 2027 owing to contactless car-sharing, online booking and government regulations: Ken Research Ecosystem of Car Mobility-as-a-Service Market in Thailand Thailand Car Mobility-as-a-Service Market is at growing stage with highly fragmented market with more than 2,000 players in the market.… Continue reading Driving Thailand Car MAAS (Mobility as a service) Market: Explore Top 4 Key Facets: Ken Research
Renault reveals Kardian urban SUV interior ahead of October 25 premiere
Renault has released another teaser for the all-new Kardian urban SUV which will mark the start of the French carmaker’s new product offensive outside Europe. It was on August 29 that the company had announced the name for its newest product. Other than the name, Renault had released no other details about the new model… Continue reading Renault reveals Kardian urban SUV interior ahead of October 25 premiere
PE Digest: Templewater close to buying Luye units; Hillhouse raising Asia private credit fund
Hong Kong-based private equity firm Templewater is close to acquiring a controlling stake in Luye Medical’s Singapore units while Hillhouse Capital is preparing to hit the market for a new Asia-focused private credit fund, according to Bloomberg reports. Templewater close to picking majority in Luye Medical’s SG units Hong Kong-based private equity (PE) firm Templewater… Continue reading PE Digest: Templewater close to buying Luye units; Hillhouse raising Asia private credit fund
Cleantechnica: Tesla Model 3 & Model Y Now Cost Less Than Gasoline-Powered Equivalents 003048
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! For years, we have been hearing the same old refrain about how electric cars like Tesla cost so much more than cars powered by gasoline engines that only the wealthy can afford them. For many, their attitude was, “Call… Continue reading Cleantechnica: Tesla Model 3 & Model Y Now Cost Less Than Gasoline-Powered Equivalents 003048