Hendrickson, a US-based supplier of parts to commercial vehicle manufacturers, is keeping an eye on the country’s rapidly evolving air suspension market, which is expected to surpass 1 lakh units by 2027 and is expanding at a CAGR of 30%. Mohit Khosla, whole-time director and CEO for India and the Middle East stated that the Indian… Continue reading Hendrickson eyes India’s air suspension market, expected to surpass 1 lakh units by 2027
Tag: Strategy
ED raids Hero MotoCorp Chairman Pawan Munjal’s residence
The Enforcement Directorate raided the residence of Hero MotoCorp’s Chairman, Pawan Munjal today morning. According to provisions of the Prevention of Money Laundering Act (PMLA), searches were conducted at the Gurugram and Delhi premises. A company statement on the matter is awaited. According to a media report, the ministry of corporate affairs (MCA) ordered and… Continue reading ED raids Hero MotoCorp Chairman Pawan Munjal’s residence
@BMW: BMW Group raises full-year guidance for 2023002877
Munich. The BMW Group updated its full-year outlook for 2023 today. Given the solid operational performance in the first half of 2023, the company expects positive momentum in the business during the second half of the year. This is built on the ongoing strength of the order bank and an expected improvement in the availability… Continue reading @BMW: BMW Group raises full-year guidance for 2023002877
DIAMONDROCK HOSPITALITY DEBUTS THE DAGNY IN BOSTON
BETHESDA, Md., Aug. 1, 2023 /PRNewswire/ — DiamondRock Hospitality Company (the “Company”) (NYSE: DRH) today announced the rebranding and debut of The Dagny, an independent lifestyle hotel inspired by the glamour of the Art Deco era. The 403-room boutique hotel is ideally located at the very corner of work and play, Boston’s Financial District and… Continue reading DIAMONDROCK HOSPITALITY DEBUTS THE DAGNY IN BOSTON
A Game Changer in the $700 Billion Electric Vehicle Market
FN Media Group Presents Oilprice.com Market Commentary LONDON, Aug. 1, 2023 /PRNewswire/ — China is the ‘800-pound gorilla’ of global EV supplies, and it dominates this market in every way, including sales. Last year, China’s exports of EVs increased 131.8% YoY to some 680,000 units, based on official data. In the first half of 2023, the… Continue reading A Game Changer in the $700 Billion Electric Vehicle Market
BRAEMAR HOTELS & RESORTS ANNOUNCES NEW $200 MILLION CORPORATE FINANCING
DALLAS, Aug. 1, 2023 /PRNewswire/ — Braemar Hotels & Resorts Inc. (NYSE: BHR) (“Braemar” or the “Company”) today announced that it has entered into a new $200 million corporate financing. The financing has an initial three-year term and includes a senior secured term loan facility in an initial principal amount of $150 million and a… Continue reading BRAEMAR HOTELS & RESORTS ANNOUNCES NEW $200 MILLION CORPORATE FINANCING
SaverOne Achieves Record Installations in July 2023
Added a record 299 new installations during July 2023 PETAH TIKVAH, Israel, Aug. 1, 2023 /PRNewswire/ — SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions, announced that July 2023 was a record month for new installations of its Driver Distraction Prevention Solution (DDPS). During July, the Company installed its innovative… Continue reading SaverOne Achieves Record Installations in July 2023
NIKOLA SCORES BIG WIN IN HYDROGEN STATION REGULATORY GRANT FUNDING WITH AN ADDITIONAL $16.3M FOR A TOTAL OF $58.2M IN THE LAST 30 DAYS
$16.3 million in additional grants and government funding awards to date shows strong progress in hydrogen infrastructure plans, creating an open-network of commercial hydrogen refueling stations PHOENIX, Aug. 1, 2023 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced an additional $16.3… Continue reading NIKOLA SCORES BIG WIN IN HYDROGEN STATION REGULATORY GRANT FUNDING WITH AN ADDITIONAL $16.3M FOR A TOTAL OF $58.2M IN THE LAST 30 DAYS
Liberty Defense Selects K2 Security Screening Group for Strategic Partnership and Increased Market Penetration
K2 to sell Liberty’s next generation threat detection HEXWAVE system to the US aviation market WILMINGTON, Mass., Aug. 1, 2023 /PRNewswire/ – Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce… Continue reading Liberty Defense Selects K2 Security Screening Group for Strategic Partnership and Increased Market Penetration
Optimizing Customer Experience: GAC MOTOR Boosts Logistics Speed with New Parts Distribution Center in Middle East
GUANGZHOU, China, July 31, 2023 /PRNewswire/ — On July 28, GAC MOTOR announced the opening of Middle East Parts Distribution Center at Jebel Ali Free Zone, UAE. The launch ceremony was witnessed by over 30 representatives from GAC MOTOR’s headquarters, Middle East division, dealers, service providers, and media partners. The establishment of the Center marks… Continue reading Optimizing Customer Experience: GAC MOTOR Boosts Logistics Speed with New Parts Distribution Center in Middle East