LONDON, Aug. 23, 2023 /PRNewswire/ — China’s world-leading Electric Vehicle (EV) industry is pushing into Europe. According to a new report from global technology intelligence firm ABI Research, in 2030, 1.2 million Chinese-made Battery Electric Vehicles (BEVs) will be imported by the European Union (EU), making up 12% of the bloc’s BEV sales. Chinese brands… Continue reading The EU Will Import Over 1 Million EVs From China in 2030, Creating both Threat and Opportunity for European OEMs
Tag: Strategy
WIN SOURCE and Supplyframe Forge Strategic Asia Partnership at 2023 Electronica China
WIN SOURCE scores historic rise to No. 18 in SourceToday’s Global Top 50 Electronics Distributors List SHANGHAI, Aug. 23, 2023 /PRNewswire/ — On the second day of 2023 Electronica China, WIN SOURCE reached a significant vendor achievement on the 2023 Global Top 50 Electronics Distributors list, earning the number 18 position on the list. Continue… Continue reading WIN SOURCE and Supplyframe Forge Strategic Asia Partnership at 2023 Electronica China
Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023
For the second consecutive year, Hyundai Mobis will grace IAA Mobility in Munich, highlighting pioneering solutions anchored in electrification Spotlight on the groundbreaking technologies powering Kia’s flagship electric vehicle, the EV9, and introduction of the transformative electrification platform, e-CCPM With a European order target of $1.29 billion, representing a quarter of the company’s global revenue… Continue reading Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023
Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023
For the second consecutive year, Hyundai Mobis will grace IAA Mobility in Munich, highlighting pioneering solutions anchored in electrification Spotlight on the groundbreaking technologies powering Kia’s flagship electric vehicle, the EV9, and introduction of the transformative electrification platform, e-CCPM With a European order target of $1.29 billion, representing a quarter of the company’s global revenue… Continue reading Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023
Adani TotalEnergies E-Mobility partners with Evera Cabs for charging hubs
ATEL and Evera hope to bridge the existing EV infrastructural gaps in India, targeting key highways, workplaces, and other locations with convenient and fast-charging AC and DC solutions. Adani TotalEnergies E-Mobility Limited (ATEL) will set up EV charging infrastructure with all-electric cab aggregator, Prakriti E-Mobility (Evera), the company said on Tuesday. “The collaboration will feature… Continue reading Adani TotalEnergies E-Mobility partners with Evera Cabs for charging hubs
GM to cut 940 jobs, cease IT operations in Arizona
GM shares closed up 1.9% to USD 33.56 but are down about 17% since mid-July. General Motors said on Wednesday it will cut 940 information technology jobs in Arizona and cease IT operations in the state as it works to streamline functions and reduce costs. GM, which cut a few hundred jobs in February, said… Continue reading GM to cut 940 jobs, cease IT operations in Arizona
PNGRB re-evaluating performance bank guarantee rule
The regulator can encash PBG if city gas companies fail to lay infrastructure or provide quality service to customers during the license period. The Petroleum and Natural Gas Regulatory Board (PNGRB) is re-evaluating a rule on performance bank guarantees for city gas companies that has benefited the likes of Adani Gas, Indian Oil and GAIL.… Continue reading PNGRB re-evaluating performance bank guarantee rule
@VW Group: Volkswagen Group reorganizes semiconductor procurement007688
The Volkswagen Group is reorganizing its procurement of electronic parts and semiconductors to ensure supply over the long term and, in doing so, securing itself a leading position in terms of technology as well as competitiveness. To this end, the Group has developed a new strategy for the procurement of parts with electronic components. “A… Continue reading @VW Group: Volkswagen Group reorganizes semiconductor procurement007688
AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA
LYSAKER, Norway and NEW ORLEANS, Aug. 22, 2023 /PRNewswire/ — AMSC ASA (“AMSC”) and Maritime Partners, LLC today announced that AMSC and Project Merchant Acquisition LLC (the “PM Acquisition”), a newly-formed company owned and controlled by a fund managed by Maritime Partners, LLC, have signed a share purchase agreement (the “SPA”) for PM Acquisition’s purchase… Continue reading AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA
AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC
LYSAKER, Norway, Aug. 22, 2023 /PRNewswire/ — Reference is made to the joint announcement made by AMSC ASA (“AMSC”) and Maritime Partners, LLC. (“Maritime Partners”) today regarding the signing by AMSC and Project Merchant Acquisition LLC (the “PM Acquisition”), a newly-formed company owned and controlled by a fund managed by Maritime Partners, of a share purchase… Continue reading AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC