BeCause Partners with Booking.com to Provide API for Third-Party Sustainability Certification Data

The partnership will enable Booking.com to automate the way it updates and manages information about accommodations with recognised third-party sustainability certifications on its platform COPENHAGEN, Denmark, July 25, 2023 /PRNewswire/ — BeCause, a startup enterprise software company transforming how the hospitality, travel, and tourism industries manage their sustainability data, has announced a new partnership with global online… Continue reading BeCause Partners with Booking.com to Provide API for Third-Party Sustainability Certification Data

Satellite Navigation System Market worth $75.5 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 24, 2023 /PRNewswire/ — The Satellite Navigation System Market is estimated at USD 61.1 billion in 2023 and is projected to reach USD 75.5 billion by 2028, at a CAGR of 4.4 % from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth can be attributed to the increasing need for… Continue reading Satellite Navigation System Market worth $75.5 billion by 2028 – Exclusive Report by MarketsandMarkets™

Air Brake System Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 24, 2023 /PRNewswire/ — Air Brake System Market  is projected to grow from USD 3.1 billion in 2023 to USD 3.4 billion by 2028 at a CAGR of 2.2% from 2023 to 2028, according to a new report by MarketsandMarkets™. The growth in air brake systems is primarily driven due to a rise in heavy… Continue reading Air Brake System Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research

The global automotive power electronics market is driven by factors such as rise in demands for electric vehicles, increasing trend for electrification across the automotive industry, and government regulations for vehicle safety systems. PORTLAND, Ore., July 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Power Electronics Market by Device (Power IC, Module/Discrete),… Continue reading Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research

Encoder Market worth $4.5 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 21, 2023 /PRNewswire/ — The Encoder Market is projected to grow from USD 2.7 billion in 2023 and is projected to reach USD 4.5 billion by 2028; it is expected to grow at a CAGR of 11.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. The increasing adoption of encoders in… Continue reading Encoder Market worth $4.5 billion by 2028 – Exclusive Report by MarketsandMarkets™

LGES warns of sluggish EV demand in Europe, quarterly profit misses forecasts

LGES shares were trading down 6.4% after falling as much as 6.6% in morning trade, versus a 0.7% rise in the benchmark KOSPI at 0240 GMT. South Korea’s LG Energy Solution Ltd missed expectations for quarterly profit on Thursday as the battery maker booked a one-off cost for General Motors‘ recall of its Bolt electric… Continue reading LGES warns of sluggish EV demand in Europe, quarterly profit misses forecasts

@VW Group: Volkswagen Group posts solid H1 results and strengthens strategic position in China007614

Oliver Blume, CEO Volkswagen Group: “We have strategically realigned and restructured the Volkswagen Group, with a clear plan and measurable milestones. In the first half of the year, the Volkswagen Group delivered reliably with very solid results. Sales in North America are picking up, we are strengthening our position in China through technological partnerships and… Continue reading @VW Group: Volkswagen Group posts solid H1 results and strengthens strategic position in China007614

German Handelsblatt: Car manufacturer: Volkswagen caps delivery target – operating profit rises sharply007347

Volkswagen ID.4 fährt zur Auslieferung Im ersten Halbjahr hat der Konzern weltweit 4,4 Millionen Fahrzeuge ausgeliefert. (Foto: dpa) Der Wolfburger Autokonzern Volkswagen hat angesichts des mauen Wirtschaftsumfelds seine Verkaufsziele für das Gesamtjahr gestutzt. So sollen 2023 nun zwischen neun und 9,5 Millionen Fahrzeuge an die Kunden ausgeliefert werden, wie der Dax-Konzern am Donnerstag mitteilte. Die Wolfsburger… Continue reading German Handelsblatt: Car manufacturer: Volkswagen caps delivery target – operating profit rises sharply007347

German Handelsblatt: Car manufacturer: Volkswagen caps delivery target – operating profit rises sharply007347

Volkswagen ID.4 fährt zur Auslieferung Im ersten Halbjahr hat der Konzern weltweit 4,4 Millionen Fahrzeuge ausgeliefert. (Foto: dpa) Der Wolfburger Autokonzern Volkswagen hat angesichts des mauen Wirtschaftsumfelds seine Verkaufsziele für das Gesamtjahr gestutzt. So sollen 2023 nun zwischen neun und 9,5 Millionen Fahrzeuge an die Kunden ausgeliefert werden, wie der Dax-Konzern am Donnerstag mitteilte. Die Wolfsburger… Continue reading German Handelsblatt: Car manufacturer: Volkswagen caps delivery target – operating profit rises sharply007347

LG Announces Second-Quarter 2023 Financial Results

July 27, 2023 LG Announces Second-Quarter 2023 Financial Results Open share list Share this content. Record Revenues, Strong Profitability Provide Solid Foundation for Pursuing Mid- to Long-term Growth Through Advancement of Business Portfolio SEOUL, July 27, 2023 — LG Electronics Inc. (LG) today announced second-quarter 2023 consolidated revenue of KRW 20 trillion with operating profit… Continue reading LG Announces Second-Quarter 2023 Financial Results