– Second quarter 2022 EPS was $6.48, an increase of 34% compared to second quarter 2021 EPS of $4.83 – Second quarter 2022 operating income was $558 million, an all-time record and an increase of 5% as compared to the same period a year ago – Second quarter 2022 After-Sales gross profit was $482 million, an increase of 11% compared to… Continue reading AutoNation Reports All-Time Record Quarterly EPS
Tag: Mobility
Chinese battery material producer RT Advanced Materials nets nearly $740m in Series D roundShang Qi Capital, the PE arm of SAIC Motor, led the round
RT Advanced Materials, a Chinese producer of lithium-ion battery materials, has closed over 5 billion yuan (nearly $740 million) in a Series D round of financing from investors including Shang Qi Capital. Shang Qi Capital, the private equity (PE) arm of Chinese state-owned automaker SAIC Motor, led the Series D round, in its latest effort… Continue reading Chinese battery material producer RT Advanced Materials nets nearly $740m in Series D roundShang Qi Capital, the PE arm of SAIC Motor, led the round
German Manager Magazine: Ferrari, Audi, Volkswagen, Hildegard Wortmann, Cariad, Tesla, Boeing: The new newsletter manage:mobility001930
Ferrari – that is the epitome of expensive, extravagant, high-horsepower sports cars, of course with a petrol engine. The brand is a myth. On the stock exchange, the company is worth almost 170 times as much as BMW per car sold. Nevertheless, a radical conversion is now pending: Ferrari is to build electric super sports… Continue reading German Manager Magazine: Ferrari, Audi, Volkswagen, Hildegard Wortmann, Cariad, Tesla, Boeing: The new newsletter manage:mobility001930
German Manager Magazin: Autonomous driving: GM and Ford want to bring vehicles without steering wheels001929
The US automakers General Motors (GM) and ford want in the United States Put self-driving vehicles on the road without human controls such as steering wheels and brake pedals. The companies have independently filed a special permit to operate a limited number of autonomous automobiles, separate applications with the US National Highway Traffic Safety Administration… Continue reading German Manager Magazin: Autonomous driving: GM and Ford want to bring vehicles without steering wheels001929
@niche: Navya raises €36m in convertible bonds with stock acquisition rights to finance its growth and large-scale industrialization002018
Villeurbanne, France, July 21th 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announced the […] Villeurbanne, France, July 21th 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announced the signing of a funding agreement on July 20th with the Negma Group for a… Continue reading @niche: Navya raises €36m in convertible bonds with stock acquisition rights to finance its growth and large-scale industrialization002018
Baidu reveals the next-gen robotaxi that will be deployed throughout China
Baidu, the Chinese search engine giant that has plowed money into AI and autonomous vehicle technology, unveiled Wednesday a new all-electric robotaxi that it plans to deploy at scale across China. Baidu will add the Apollo RT6 EV – a cross between an SUV and a minivan that comes with a detachable steering wheel –… Continue reading Baidu reveals the next-gen robotaxi that will be deployed throughout China
UK union staged 24-hour strike in response to Uber files leak
The UK’s App Drivers and Couriers Union (ADCU) staged a 24-hour strike Wednesday to demand Uber be held accountable for the findings of the Uber files, a trove of thousands of leaked confidential documents that show how the ride-hail company broke laws, secretly lobbied governments and exploited driver safety to expand aggressively from 2013 to… Continue reading UK union staged 24-hour strike in response to Uber files leak
Geek+ and Paack launch Europe’s largest autonomous mobile robot project
Paack distribution center in Madrid deploys hundreds of Geekplus’s AI-powered logistics robots, setting new market standard for timely deliveries. The distribution center features a unique, pioneering design that combines picking and sorting solutions for both last-mile and cross-docking operations. MADRID, July 21, 2022 /PRNewswire/ — Geekplus, the global leader in robotics technology, and Paack, a… Continue reading Geek+ and Paack launch Europe’s largest autonomous mobile robot project
Airborne Sensors Market to Reach $14.5 Billion, Globally, by 2030 at 5.3% CAGR: Allied Market Research
Surge in threats from international terrorists and increase in defense & military budgets for consolidating the national security in developing and developed nations drive the global airborne sensors market growth. PORTLAND, Ore., July 21, 2022 /PRNewswire/ — Allied Market Research published a report, titled, “Airborne Sensors Market by Type (Non-Scanning, Scanning), by Application (Defence Aircraft,… Continue reading Airborne Sensors Market to Reach $14.5 Billion, Globally, by 2030 at 5.3% CAGR: Allied Market Research
China fines ride-hailing giant Didi Global $1.2b for data security breach
China’s cybersecurity regulator said on Thursday it has fined Didi Global Inc 8.026 billion yuan ($1.19 billion), concluding a probe that forced the ride-hailing giant to delist from New York within a year and cast a gloom over the Chinese tech sector. The Cyberspace Administration of China (CAC) said its investigation found Didi had illegally… Continue reading China fines ride-hailing giant Didi Global $1.2b for data security breach