Tag: Strategy

Hino Motors and REE Automotive Sign Business Alliance Agreement

Hino Motors Co., Ltd. (Hino), a subsidiary of Toyota Motor Corporation, and REE Automotive Ltd. (REE), an innovator in e-mobility, today announced the signing of a strategic business alliance agreement to realize their shared vision of “providing new value to society through next-generation commercial mobility.” With the backdrop of advancements in CASE – Connected, Autonomous,… Continue reading Hino Motors and REE Automotive Sign Business Alliance Agreement

ALYI Highlights Cryptocurrency And Carbon Credit Potential In Light Of Tesla Earnings

DALLAS, April 27, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today highlighted Tesla’s record earnings with major contribution from Carbon Credit and Bitcoin sales. In light of Tesla’s success with Carbon Credits and Bitcoin, ALYI management pointed to its own Carbon Credit and Cryptocurrency strategy and the confidence in the company’s direction reflected in… Continue reading ALYI Highlights Cryptocurrency And Carbon Credit Potential In Light Of Tesla Earnings

China Digest: Hepagene nets $40m; Temasek backs drone startup EAVision

Chinese firms Hepagene Therapeutics and EAVision Technologies have raised fresh funding.  Temasek backs EAVision in Series C Suzhou-headquartered Chinese agricultural drone startup EAVision Technologies has secured $30 million in its Series C round co-led by Singapore’s state investor Temasek. State-backed CITIC Agriculture along with Chinese agrifood tech VC Bits x Bites also joined as the… Continue reading China Digest: Hepagene nets $40m; Temasek backs drone startup EAVision

Financial information at March 31, 2021

Financial information at March 31, 2021 Q1 2021: €5.4 billion in sales, up 8.3% at constant exchange rates, lifted by the recovery in demand. With the strong upturn in global demand, which offset major supply chain disruptions and persistent health-related restrictions: Passenger car/Light truck and Truck tire markets rose by 9% and 20%, respectively, Specialty… Continue reading Financial information at March 31, 2021

Michelin: Q1 2021: €5.4 billion in sales, up 8.3% at constant exchange rates, lifted by the recovery in demand.

Clermont-Ferrand, April 26, 2021 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the three months ended March 31, 2021 Q1 2021: €5.4 billion in sales, up 8.3% at constant exchange rates, lifted by the recovery in demand. With the strong upturn in global demand, which offset major supply chain disruptions and persistent health-related restrictions: Passenger car/Light truck and… Continue reading Michelin: Q1 2021: €5.4 billion in sales, up 8.3% at constant exchange rates, lifted by the recovery in demand.

@Daimler: Daimler Truck AG makes significant management and organizational changes in preparation for an independent future

Daimler Truck AG is making significant changes to its management structure ahead of the spin-off and separate listing planned for late 2021 Daimler Truck AG reaffirms strategic goals: Improving profitability and leading role in the transformation of the commercial vehicle business The reorganization will see more entrepreneurial freedom and greater product development responsibility given to… Continue reading @Daimler: Daimler Truck AG makes significant management and organizational changes in preparation for an independent future

German Handelsblatt: Truck subsidiary: Daimler Truck reorganizes management prior to partial IPO

Daimler Truck CEO Martin Daum The development of software, electronics and engines – whether diesel engines or alternative drives – will be centralized in the new Truck Technology Group (TT) business unit. (Photo: dpa) Frankfurt With a view to the IPO planned for the end of the year, Daimler’s truck subsidiary has reorganized its management.… Continue reading German Handelsblatt: Truck subsidiary: Daimler Truck reorganizes management prior to partial IPO

Porsche India packs a punch in Q1 2021 with 52% growth

Porsche India has released its official sales figures for the first quarter of calendar year 2021, 14 days after Porsche Middle East and Africa FZE has reported its best first quarter result in five years. In Q1 CY2021, 2,064 new cars were delivered to Porsche customers in the GCC, the Levant, Africa and India. Porsche India… Continue reading Porsche India packs a punch in Q1 2021 with 52% growth

Continental Wins First Order for a High-Performance Computer in the Commercial Vehicle Sector

Continental now supplies telematics boxes with high-performance computers for commercial vehicles High-performance computer creates foundation for even more innovative functions and services With this order, Continental reinforces its leading position in the segment Frankfurt, Germany, April 2021. For the first time, Continental has won an order to supply the commercial vehicle sector with telematics units… Continue reading Continental Wins First Order for a High-Performance Computer in the Commercial Vehicle Sector