Ocado, the UK online grocer that has been making strides reselling its technology to other grocery companies to help them build and run their own online ordering-and-delivery operations, is making an investment today into what it believes will be the next chapter of how that business will grow: it is taking a £10 million ($13.8… Continue reading Oxbotica raises $13.8M from Ocado to build autonomous vehicle tech for the online grocer’s logistics network
Tag: Strategy
Ferrari’s CEO promises an EV in 2025
Ferrari has already made cars with hybrid powertrains, but during its Annual General Meeting this week, acting CEO John Elkann told investors in prepared remarks (PDF) that the carmaker will unveil “the first all-electric Ferrari” in 2025. Hopefully that plan will hold even after the company confirms a new CEO — over the past decade… Continue reading Ferrari’s CEO promises an EV in 2025
@Ford: Ford Direct Markets Appoints New Middle East Leadership Team for Its Customer Service Division and Lincoln Operations
DUBAI, UAE, 15 April 2021 – Ford Direct Markets has announced two key strategic appointments to its leadership team in the Middle East. As of April 1, Nicolas Lory has been appointed as the Ford Customer Service Division (FCSD) Director for Ford Middle East. Prior to this new position, he served as Managing Director for Middle East… Continue reading @Ford: Ford Direct Markets Appoints New Middle East Leadership Team for Its Customer Service Division and Lincoln Operations
Ford creates top role for ex-presidential candidate Jon Huntsman with $1M salary
The top two executives at Ford Motor Co. decided they wanted to add more muscle to their team to navigate the industry’s dynamic landscape that’s facing new challenges every day, so they created a “vice chair of policy” role for Jon Huntsman Jr. He will get paid a $1 million base salary plus $3 million in stock to advise CEO Jim Farley… Continue reading Ford creates top role for ex-presidential candidate Jon Huntsman with $1M salary
Senmiao Technology Announces Cooperation with Hefei Cheyun to Launch Ride-Hailing Business in Hefei, China
CHENGDU, China, April 15, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a joint operation agreement with Hefei Cheyun Information Technology Co., Ltd. (“Hefei Cheyun”), an… Continue reading Senmiao Technology Announces Cooperation with Hefei Cheyun to Launch Ride-Hailing Business in Hefei, China
Marelli in a pact with China’s WHST for radar solutions aimed at ADAS and autonomous Driving applications
The collaboration will focus on radars using 77GHz and 79GHz applications for 4D radar to be integrated by Marelli into headlamps, rear lamps, smart grilles and standalone corner among others. Tier 1 supplier Marelli has signed cooperation agreement with China-based Wuhu SensorTech Intelligent Technology (WHST), a high-tech radar specialist company to focus on radar sensors… Continue reading Marelli in a pact with China’s WHST for radar solutions aimed at ADAS and autonomous Driving applications
@Ferrari: Ferrari announces voting results from its Annual General Meeting000092
Maranello (Italy), 15 April 2021 – Ferrari N.V. (“Ferrari” or the “Company”) (NYSE/MTA: RACE) announced today that all resolutions proposed to Shareholders at the Ferrari’s Annual General Meeting of Shareholders (the “AGM”) held today virtually were passed. The Shareholders approved the 2020 Annual Accounts, expressed a positive advice with respect to the Remuneration Report 2020… Continue reading @Ferrari: Ferrari announces voting results from its Annual General Meeting000092
AMPLY Power and UES Partner to Deliver Vehicle-to-Grid Ready Electric School Buses and Trucks
“The future of resilient electric vehicle infrastructure must include V2G capabilities. It can help fleet operators be more energy resilient and achieve greater cost-savings, while strengthening their local grids,” said Vic Shao, CEO of AMPLY Power. A report by Precedence Research predicts that the global V2G technology market is expected to grow at a compound rate… Continue reading AMPLY Power and UES Partner to Deliver Vehicle-to-Grid Ready Electric School Buses and Trucks
@niche: Nikola, IVECO and OGE Announce Intent to Accelerate the Deployment of Hydrogen Infrastructure and Fueling Solutions000762
The collaboration is expected to enable cost-effective distribution of hydrogen from production to storage and fueling locations in Germany to serve industry needs Nikola will lead the installation of hydrogen fueling locations for all OEM FCEVs at key locations supported by OGE’s hydrogen delivery systems The parties will collaborate with the intent to increase the… Continue reading @niche: Nikola, IVECO and OGE Announce Intent to Accelerate the Deployment of Hydrogen Infrastructure and Fueling Solutions000762
Emission-free mobility: Bosch and Qingling Motors cooperate on fuel cells
Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, it generated sales of 42.3 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is… Continue reading Emission-free mobility: Bosch and Qingling Motors cooperate on fuel cells