LFP battery cells were developed in the United States, but Chinese companies such as BYD and CATL currently dominate global production. General Motors is investing in a Silicon Valley startup to help it speed development of a more affordable battery chemistry for its future electric vehicles, the company said on Wednesday. GM will lead a… Continue reading GM backs EV battery startup as it shifts future focus to cheaper materials
Tag: Strategy
VinFast’s valuation overtakes Ford and GM on Nasdaq debut
HANOI/SINGAPORE (Reuters) — VinFast’s shares soared in thin trading in their Nasdaq debut on Tuesday following the Vietnamese electric vehicle maker’s $23 billion backdoor listing as the startup said it was likely to raise money from global investors within 18 months. The stock opened at $22, more than double the $10 per share agreed with… Continue reading VinFast’s valuation overtakes Ford and GM on Nasdaq debut
Intelligent Airways Transportation: Paving the Way for a Smarter Future – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, Aug. 16, 2023 /PRNewswire/ — Intelligent airways transportation (IAT) has emerged as a transformative force in the aviation industry, revolutionizing air travel through the integration of advanced technologies and innovative… Continue reading Intelligent Airways Transportation: Paving the Way for a Smarter Future – By The Business Research Company
Steampunk Announces ICE SASS II Award
MCLEAN, Va., Aug. 16, 2023 /PRNewswire/ — Steampunk announced today that they have been awarded the U.S. Department of Homeland Security, (DHS) U.S. Immigration and Customs Enforcement (ICE) Security Assurance Support Services (SASS) II task order. ICE SASS II is a base plus 4-year contract with a total task order value of $174M. Steampunk began… Continue reading Steampunk Announces ICE SASS II Award
Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy
Assembly Ventures has built the first transatlantic venture capital platform to invest in cutting-edge technologies in the mobility sector. Founded by trailblazers in the mobility sector with strong operational and investment credentials, this brings total assets under management on the platform to $94 million after closing. Substantial investment potential seen in mobility technologies is driven… Continue reading Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy
EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay
A new report from SMS looks at the current experience of public EV charging and what needs to be done to get it ‘fit for the future’ LONDON, Aug. 16, 2023 /PRNewswire/ — UK public electric vehicle (EV) charging needs a major reboot if it’s going to be ‘fit for our EV future’, a new report… Continue reading EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay
Thrust Capital Partners Announces Strategic Partnership with Dishon Limited to Propel Aerospace Manufacturer’s Expansion
MONTREAL, Aug. 16, 2023 /PRNewswire/ – Thrust Capital Partners (TCP), a Canadian private equity firm dedicated to the aerospace industry, is pleased to announce that it has entered a partnership with Dishon Limited, a leading Ontario-based manufacturer of complex machined components and assemblies, primarily serving the aviation, space and satellite sectors. This transaction marks the first platform… Continue reading Thrust Capital Partners Announces Strategic Partnership with Dishon Limited to Propel Aerospace Manufacturer’s Expansion
Welcome to Memphis Launches Innovative Strategy to Support Hospitality Professionals
MEMPHIS, Tenn., Aug. 16, 2023 /PRNewswire/ — As the hardest-hit industry in the U.S. in terms of workforce reduction, hospitality weathered a loss of nearly eight million jobs during the COVID-19 pandemic, according to the U.S. Bureau of Labor Statistics. The industry is resilient and recovering, fueled by a pent-up demand for travel, and Memphis-based… Continue reading Welcome to Memphis Launches Innovative Strategy to Support Hospitality Professionals
Automotive Smart Keys Market is to grow by USD 3,334.33 million between 2022 – 2027
Rising Demand for Electric and Hybrid Vehicles drives the market. NEW YORK, Aug. 16, 2023 /PRNewswire/ — The Automotive Smart Keys Market is expected to set a CAGR of 4.62% between 2022 and 2027. This surge is anticipated to drive the market size upwards by USD 3,334.33 million during the forecast period. The report covers the market… Continue reading Automotive Smart Keys Market is to grow by USD 3,334.33 million between 2022 – 2027
OpenFortune Partners with Jackpot.com to Give New Yorkers Free Lottery Tickets
Calling all New Yorkers, your next fortune cookie could potentially be worth millions NEW YORK, Aug. 16, 2023 /PRNewswire/ — Jackpot.com, the online platform that allows lottery players to securely order official state lottery tickets from their mobile phone, tablet, or desktop has partnered with OpenFortune Media, one of the fastest-growing media companies known for… Continue reading OpenFortune Partners with Jackpot.com to Give New Yorkers Free Lottery Tickets