The groups’ expansion will be key to redefining the ground transportation sector TEL AVIV, Israel, July 19, 2023 /PRNewswire/ — Travelier (formerly Bookaway Group), a travel-tech company digitizing land and sea transportation around the world, today announced an overall growth of 150% between H1 2022 and H1 2023. Attributing the success to global cross brand inventory-sharing… Continue reading Travelier Achieves 150% Growth Between H1 2022 and H1 2023
Tag: Financial Results
Kuwait Airways Partners with Plusgrade to Give Passengers Unprecedented Access to Cabin Upgrades and More Ways to Acquire Oasis Club Miles
The multi-year partnership gives passengers access to the “Just Upgrade” service, allowing passengers to enjoy an upgraded cabin experience, and gain access to premium luxury services. Oasis Club Loyalty Program members will also enjoy more benefits, like the option to buy miles. Plusgrade continues to expand its international footprint by partnering with Kuwait Airways, and… Continue reading Kuwait Airways Partners with Plusgrade to Give Passengers Unprecedented Access to Cabin Upgrades and More Ways to Acquire Oasis Club Miles
EV Battery Swapping Market in India To Generate USD 61.57 Million Revenue in 2030: P&S Intelligence
NEW YORK, July 20, 2023 /PRNewswire/ — The India EV battery swapping market has generated USD 10.2 million revenue in 2022, which is projected to rise at a rate of 25.20% to 2030, to reach USD 61.57 million. P&S Intelligence attributes it to the reducing costs of electric vehicles and the need for a shorter… Continue reading EV Battery Swapping Market in India To Generate USD 61.57 Million Revenue in 2030: P&S Intelligence
Exclusive: Tata Motors brings TCS veteran Rajesh Kannan to drive its future AI and ML initiatives
In a bid to capitalise on the growing role of Artificial Intelligence (AI) and Machine Learning (ML), Tata Motors, the country’s largest automobile company by revenues, has brought on board Rajesh Kannan as the President and Chief Digital and Information Officer, beginning August 1, 2023, from the sister company Tata Consultancy Services. The same was… Continue reading Exclusive: Tata Motors brings TCS veteran Rajesh Kannan to drive its future AI and ML initiatives
Volvo Cars Q2 results: full speed ahead in transformation with a solid business performance
Q2 revenue was SEK 102.2 bn (SEK 71.3 bn in Q2 2022) Q2 EBIT (excluding JVs and associates) was SEK 6.4 bn (SEK 4.6 bn in Q2 2022) Q2 EBIT was SEK 5.0 bn (SEK 10.8 bn in Q2 2022) Q2 EBIT margin, excluding JVs and associates and without non-recurring items, was 7.2 per cent… Continue reading Volvo Cars Q2 results: full speed ahead in transformation with a solid business performance
Elon Musk confirms Tesla is in ‘early’ talk to license self-driving tech to ‘major’ automaker
Elon Musk confirmed that Tesla is currently in ‘early’ discussions to license its self-driving technology with a ‘major’ automaker. At the end of his opening remarks for Tesla’s Q2 2022 earnings call following the release of the automaker’s financial results, CEO Elon Musk said that he wanted to “strongly emphasize” that Tesla is open to… Continue reading Elon Musk confirms Tesla is in ‘early’ talk to license self-driving tech to ‘major’ automaker
Tesla to allow FSD owners to transfer to new car, but only for next 2 months
Tesla says that it will finally allow owners who bought its Full Self-Driving (FSD) package, valued at up to $15,000, to transfer the software package to a new car, but only if they place an order this quarter. It’s something that Tesla owners have been asking about for a long time. The idea is that… Continue reading Tesla to allow FSD owners to transfer to new car, but only for next 2 months
Cleantechnica: Tesla Revenue Up 47%, Gross Profit Up 7% Year Over Year 002902
Tesla continued to rake in the cash in the second quarter of 2023, on the back of record global deliveries. The company brought in nearly $25 billion in revenue in the second quarter (Q2), which was 47% more than in Q2 2022. But let’s look a little more closely at these and other numbers. Tesla… Continue reading Cleantechnica: Tesla Revenue Up 47%, Gross Profit Up 7% Year Over Year 002902
Clean Technica: That Chinese EV Price War Truce Dissolved Real Quickly — What Does That Mean?002901
A little more than a week ago, I wrote about a price war truce (among other things) made among Chinese automakers, including Tesla. At the time, I pondered that such an agreement would seemingly be a clear violation of antitrust laws in the US and Europe. What I missed is that the agreement apparently got… Continue reading Clean Technica: That Chinese EV Price War Truce Dissolved Real Quickly — What Does That Mean?002901
James Cameron Says He Tried to Warn Us About AI
“I warned you guys in 1984, and you didn’t listen.” Fair Warning Fresh on the heels of his lamentations about the imploded submersible, “Titanic” director James Cameron is going for the “I told you so” one-two punch with his repeated warnings about artificial intelligence. In an interview with CTV, the Canada-born director said that he… Continue reading James Cameron Says He Tried to Warn Us About AI