Team Sonnenwagen Presents Efficient Solar Car ‘Adelie’ with Covestro’s Support Ahead of Australian Solar Challenge (IN BRIEF) Team Sonnenwagen, a group of students from RWTH Aachen University and Aachen University of Applied Sciences, has developed a highly efficient solar car named “Adelie” to participate in the Bridgestone World Solar Challenge, a challenging solar race across… Continue reading Europa Wire: Team Sonnenwagen Presents Efficient Solar Car ‘Adelie’ with Covestro’s Support Ahead of Australian Solar Challenge000713
Tag: Strategy
Japan’s struggling Rakuten to merge credit card and mobile payments divisions
Japan’s Rakuten Group will fold its payments and points businesses into its credit card unit, it said on Thursday, a move that could set the struggling e-commerce company up to eventually list the card business. Despite strong revenue from its core e-commerce offerings, Rakuten has lost money for 12 straight quarters, hit by the costly… Continue reading Japan’s struggling Rakuten to merge credit card and mobile payments divisions
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion
SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
Gogoro Releases Second Quarter 2023 Financial Results
TAIPEI, Taiwan, Aug. 10, 2023 /PRNewswire/ — Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Summary Revenue of $87.2 million, down 3.8% year-over-year and up 0.2% on a constant… Continue reading Gogoro Releases Second Quarter 2023 Financial Results
LG Electronics Selects Valens Semiconductor’s VA7000 MIPI A-PHY Compliant Chipsets for its Next Generation Camera System Project
LG Electronics Vehicle component Solutions(VS) Company to integrate Valens Semiconductor’s VA7000 in its active safety next-generation camera system project, part of its Digital Cockpit Electronics Solutions to enable Advanced Driver-Assistance Systems (ADAS) for Automotive OEMs Automotive OEMs are expected to be able to benefit from this inaugural solution starting 2026 Key benefits of the VA7000… Continue reading LG Electronics Selects Valens Semiconductor’s VA7000 MIPI A-PHY Compliant Chipsets for its Next Generation Camera System Project
Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation
Toyota debuts new Maruti Suzuki Ertiga-based Rumion MPV in India
Toyota has debuted the new Maruti Suzuki Ertiga-based Rumion MPV in India, and will announce its prices and booking amount soon. This is the fourth badge-engineered model shared between the two brands, and with this, Toyota now has the widest MPV portfolio in the market – the Rumion at the entry-level, followed by the Innova Crysta, Innova Hycross and the Vellfire at the… Continue reading Toyota debuts new Maruti Suzuki Ertiga-based Rumion MPV in India
Toyota debuts new Maruti Suzuki Ertiga-based Rumion MPV in India
Toyota has debuted the new Maruti Suzuki Ertiga-based Rumion MPV in India, and will announce its prices and booking amount soon. This is the fourth badge-engineered model shared between the two brands, and with this, Toyota now has the widest MPV portfolio in the market – the Rumion at the entry-level, followed by the Innova Crysta, Innova Hycross and the Vellfire at the… Continue reading Toyota debuts new Maruti Suzuki Ertiga-based Rumion MPV in India