LG has appointed a new CEO to lead its electronics business. Starting December 1st, current Chief Strategy Officer William Cho will take over for Bong-seok Kwon as the CEO of LG Electronics. Meanwhile, according to The Korea Herald, Kwon will head up LG’s main holding company. Cho has been with LG Electronics since 1987. Prior… Continue reading LG appoints new CEO to lead its beleaguered electronics division
Tag: Strategy
@GM: GM Acquires 25 Percent Stake in Pure Watercraft to Accelerate All-Electric Boating
GM Acquires 25 Percent Stake in Pure Watercraft to Accelerate All-Electric Boating Agreement combines GM technology with Pure Watercraft propulsion systems to expand all-electric marine transportation 2021-11-22 DETROIT – General Motors (NYSE: GM) announced today it has acquired a 25 percent ownership stake in Pure Watercraft, a Seattle-based company that specializes in creating all-electric boating… Continue reading @GM: GM Acquires 25 Percent Stake in Pure Watercraft to Accelerate All-Electric Boating
@GM: Cadillac LYRIQ Luxury EV Crosses Crucial Development Milestone
Cadillac LYRIQ Luxury EV Crosses Crucial Development Milestone Engineers complete ‘80 percent’ validation drive ahead of Q1 2022 production start 2021-11-22 Cadillac engineers recently completed the “80 percent” validation drive for the 2023 Cadillac LYRIQ — a critical milestone in Cadillac’s first luxury EV’s development, marking a transition to the final stage prior to production.… Continue reading @GM: Cadillac LYRIQ Luxury EV Crosses Crucial Development Milestone
Chinese EV maker Nio to expand into five new European countries
SHANGHAI — Nio, a Chinese electric vehicle startup, is planning to charge into five new European countries next year, part of a brand development strategy aimed at eco-conscious drivers. Nio recently opened a showroom in Norway dubbed Nio House as the first step in its expansion drive in the region. Go to Source
China Tech Digest: Tencent Cloud Opens Data Center In South America; Baidu Apollo Acquires First Paid Robotaxi Service Order
Tencent Cloud opens data center in South America Tencent Cloud has opened its first data center in South America, located in Sao Paulo, Brazil. Tencent Cloud will provide customers in Brazil and other areas of South America with high-quality flexible computing, storage, big data, AI, security and other cloud services, and will export customized solutions… Continue reading China Tech Digest: Tencent Cloud Opens Data Center In South America; Baidu Apollo Acquires First Paid Robotaxi Service Order
XPENG Named Norway’s Most Known Newcomer of the Year
XPENG has been expanding its local presence in Norway as a key initiative in its long-term international strategy. Together with its local partner XBI, XPENG has established 17 local sales outlets and 21 service outlets in Norway. The Norwegian launch of the XPENG P7 and P7 Wing special edition in October marks another significant development… Continue reading XPENG Named Norway’s Most Known Newcomer of the Year
Autos & Transportation · 10:59 AM UTCCarmakers get inventive as global chip crisis bitesWhether buying computer chips directly from manufacturers, rec…
Thousands of Ford F-150s without chips are stored at Kentucky Speedway in Sparta, Kentucky, U.S., September 8, 2021. REUTERS/Jeff Dean/File Photo Register now for FREE unlimited access to reuters.com Register MUNICH, Nov 26 (Reuters) – Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get… Continue reading Autos & Transportation · 10:59 AM UTCCarmakers get inventive as global chip crisis bitesWhether buying computer chips directly from manufacturers, rec…
Autos & TransportationVolkswagen sees Europcar deal as attractive, quashes hopes for higher bid10:53 AM UTC
A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer Register now for FREE unlimited access to reuters.com Register FRANKFURT, Nov 26 (Reuters) – Volkswagen (VOWG_p.DE) is convinced that its 2.9 billion euro ($3.3 billion) offer for France’s Europcar (EUCAR.PA), made as part of… Continue reading Autos & TransportationVolkswagen sees Europcar deal as attractive, quashes hopes for higher bid10:53 AM UTC
LG Electronics Announces New CEO and Other Changes to Aggressively Tackle 2022 and Beyond
November 25, 2021 LG Electronics Announces New CEO and Other Changes to Aggressively Tackle 2022 and Beyond Open share list Share this content. Advancing Business Portfolio with Greater Focus on Digital Transformation SEOUL, Nov. 25, 2021 — LG Electronics (LG) today announced that William Cho, its Chief Strategy Officer, will also take on the responsibility of Chief… Continue reading LG Electronics Announces New CEO and Other Changes to Aggressively Tackle 2022 and Beyond
@Nio: 000323
On November 25, NIO announced to have entered into a strategic cooperation agreement with Shell to further collaborate in the electric vehicle and energy industries globally. According to the agreement, NIO and Shell will jointly construct and operate battery charging and swapping facilities. NIO and Shell plan to install 100 battery swapping stations in China… Continue reading @Nio: 000323