DALLAS, Aug. 31, 2021 /PRNewswire/ — RateGain Technologies announced at the 2021 International Car Rental Show the launch of revAI, the first end-to-end AI-powered demand forecasting and price optimization platform for car rentals to make every forecast profitable. The summer of 2021 witnessed a surge in car rental demand, with most travelers experiencing supply shortages,… Continue reading RateGain launches revAI to transform demand forecasting and price optimization for Car Rentals
Tag: Strategy
German Handelsblatt: Automotive industry: Supplier Mahle is back in the black 002790
Auto supplier Mahle The Stuttgart-based company is profitable again after the corona crisis. (Photo: dpa) Stuttgart Mahle interim boss Michael Frick is particularly proud of one fact: “No production line had to stop at our customers because Mahle components were missing,” said Frick when the Stuttgart supplier presented the half-year figures. This sets Mahle apart… Continue reading German Handelsblatt: Automotive industry: Supplier Mahle is back in the black 002790
Temasek-owned Aicadium acquires Singapore’s AI software firm BasisAI …
Aicadium, a technology company founded by Temasek Holdings, has acquired Singapore-based artificial intelligence software firm BasisAI, according to a joint statement by the two firms. According to BasisAI’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), its investor Sequoia India and three co-founders – Silvanus Lee, Linus Lee and Liu Feng-Yuan – sold their… Continue reading Temasek-owned Aicadium acquires Singapore’s AI software firm BasisAI …
GS E&Cisfully targeting’battery recycling’ market
Purchased ‘Recalled’ Kona battery for 16 billion KRWSecuring the scale of 26,699 units in domestic supplyReplacing rare earth imports, fostering strategic businessForecast of impact on initial ma GS E&C will secure 26,699 Kona EV batteries recalled by Hyundai Motor Company and enter the battery recycling (recycling) market in earnest. They will strategically foster a recycling… Continue reading GS E&Cisfully targeting’battery recycling’ market
Tata Tigor EV launched with aggressive Rs 11.99 lakh pricing
Synchronising the official launch and pricing of its Tigor EV with the announcement of a strong 4-star Global NCAP crash test rating, Tata Motors today launched the electric sedan at a starting price of Rs 11.99 lakh. With this, the Tigor EV becomes the most affordable electric sedan in India. Available in three variants –… Continue reading Tata Tigor EV launched with aggressive Rs 11.99 lakh pricing
Schaeffler Group sells Clausthal-Zellerfeld site to ift-whitecell engineering gmbh
2021-08-31 | Herzogenaurach new owner plans to continue operations at the site with all employees Further growth potential with new owner Planned sale congruent with Schaeffler’s portfolio strategy Global automotive and industrial supplier Schaeffler has signed a contract to sell the Clausthal-Zellerfeld site to ift-whitecell engineering gmbh, a subsidiary of Whitecell Power AG. The transaction… Continue reading Schaeffler Group sells Clausthal-Zellerfeld site to ift-whitecell engineering gmbh
mm2 Asia inks deal to sell COVID-hit cinema business to Kingsmead for $63m
The Singapore entertainment company mm2 Asia has entered into an agreement with local investment firm Kingsmead Properties to sell its cinema business, mm2 Connect, for S$84.8 million ($63 million). mm2 Asia operates the Cathay chain of cinemas in the city-state. The deal will require approval from the regulators, as well as approval from shareholders at… Continue reading mm2 Asia inks deal to sell COVID-hit cinema business to Kingsmead for $63m
India: Despite rising markets in 2021, fundraising via QIPs lags behind IPOs
More Indian companies raised capital through initial public offerings in 2021 than via qualified institutional placements (QIPs), indicating a trend reversal from 2020 when QIPs dominated the market. So far this year, 26 companies have raised ₹31,781 crore through QIPs. That compares with ₹60,288 crore raised through IPOs by 36 companies, data from Prime Database… Continue reading India: Despite rising markets in 2021, fundraising via QIPs lags behind IPOs
@Geely: Tue 31 Aug 2021Lotus Technology global HQ established in China as future Lotus EV product plan unveiledLotus Technology has officially launched its gl…
Global ‘intelligent technology’ subsidiary of Group Lotus launched Will accelerate innovation and oversee manufacture of exciting new Lotus lifestyle models for global markets Four new electric models from Lotus in next five years – including all-new electric sports car in 2026 Lotus SUV – the Type 132 – will be first, launching in 2022 All-new… Continue reading @Geely: Tue 31 Aug 2021Lotus Technology global HQ established in China as future Lotus EV product plan unveiledLotus Technology has officially launched its gl…
@BMW: BMW Customer Racing Teams Win Big at Road America; 2022 BMW M4 GT3 Introduced to Teams.001395
Woodcliff Lake, N.J. – Aug. 30, 2021. . . The Ultimate Driving Machine® was well-represented by more than 30 BMW drivers competing in more than 20 BMW racing cars this weekend at Road America, in Elkhart Lake, Wis., for the Fanatec GT World Challenge America Presented by AWS weekend. All four models that represent BMW of… Continue reading @BMW: BMW Customer Racing Teams Win Big at Road America; 2022 BMW M4 GT3 Introduced to Teams.001395