Canada’s Ontario Teachers’ appoints Bruce Crane as head of APAC

Canada’s Ontario Teachers’ Pension Plan (OTPP) has appointed Bruce Crane as its head of Asia Pacific and executive managing director, according to a statement on Tuesday. Crane, who is based in Singapore, succeeds Ben Chan who retired earlier this month. Crane will report to OTPP’s chief investment officer Ziad Hindo, and lead the fund’s APAC… Continue reading Canada’s Ontario Teachers’ appoints Bruce Crane as head of APAC

Lear to Outline Long-Term Seating Growth Strategy, Expanded Thermal Comfort Systems Portfolio During its Seating Product Day; Increases 2023 Financial Outlook

SOUTHFIELD, Mich., June 27, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today will update its long-term seating growth strategy and seating market share target for 2027 and discuss its expanded portfolio of thermal comfort technologies as part of its Seating Product Day. Lear also announced an… Continue reading Lear to Outline Long-Term Seating Growth Strategy, Expanded Thermal Comfort Systems Portfolio During its Seating Product Day; Increases 2023 Financial Outlook

GOODYEAR SHARES PROGRESS ALONG ITS SUSTAINABILITY JOURNEY IN 2022 CORPORATE RESPONSIBILITY REPORT

AKRON, Ohio, June 27, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today released its report on corporate responsibility performance for 2022. The report details how by integrating sustainability throughout its business, the company is helping to create value for its internal and external stakeholders. The report also highlights the progress Goodyear is… Continue reading GOODYEAR SHARES PROGRESS ALONG ITS SUSTAINABILITY JOURNEY IN 2022 CORPORATE RESPONSIBILITY REPORT

Hyundai Motor North America Appoints Jim Park as Head of Commercial Vehicle and Hydrogen Business Development

FOUNTAIN VALLEY, Calif., June 27, 2023 /PRNewswire/ — Hyundai has hired Jim Park as the senior vice president, commercial vehicle and hydrogen business development, Hyundai Motor North America, effective June 12. In this new role, Park is responsible for Hyundai’s hydrogen initiatives in North America, which includes commercial vehicle sales, infrastructure development, commercialization of hydrogen,… Continue reading Hyundai Motor North America Appoints Jim Park as Head of Commercial Vehicle and Hydrogen Business Development

Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low

The Ministry of Heavy Industries’ recent reduction of the FAME II subsides from 40 percent to 15 percent is severely impacting India’s electric two-wheeler growth. The number is likely to plummet back to June 2022 levels of the 40,000 to 45,000 units range. This is the opinion of industry analysts and experts.  The numbers seen… Continue reading Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low

Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low

The Ministry of Heavy Industries’ recent reduction of the FAME II subsides from 40 percent to 15 percent is severely impacting India’s electric two-wheeler growth. The number is likely to plummet back to June 2022 levels of the 40,000 to 45,000 units range. This is the opinion of industry analysts and experts.  The numbers seen… Continue reading Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low

EV Roundup: NIO Raises More Than $700M, RIVN to Ride TSLA’s NACS Wave & More

Last week, China-based electric vehicle (EV) maker NIO, Inc. NIO secured a $738.5 million investment from Abu Dhabi’s CYVN Holdings. The company is eyeing entry in the United Arab Emirates (UAE) market and the investment sets the stage for a global EV showdown. The significant investment from Abu Dhabi’s CYVN Holdings in Nio comes at… Continue reading EV Roundup: NIO Raises More Than $700M, RIVN to Ride TSLA’s NACS Wave & More

Plusgrade Bolsters Hospitality Business Development with Seasoned Industry Leaders, Paul Rantilla and Dan Hiza

Plusgrade continues to scale across travel industry verticals and takes another major step forward in its mission to be the global ancillary revenue powerhouse Rantilla and Hiza will lead hospitality ancillaries business development, expanding Plusgrade’s portfolio of innovative solutions that drive higher revenue Their new roles took effect as of June 1, 2023 MONTREAL, June… Continue reading Plusgrade Bolsters Hospitality Business Development with Seasoned Industry Leaders, Paul Rantilla and Dan Hiza

Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

Accredited to provide trusted solutions for financial and supply chain planning across financial services and tech, media, and telecoms (TMT) sectors; accreditations for other industries and functions are expected soon. LONDON, June 27, 2023 /PRNewswire/ — Vuealta, a global leader in the design and delivery of powerful scenario planning and forecasting software solutions based on… Continue reading Vuealta welcomes launch of Anaplan’s new global PartnerAccelerate programme

Automotive Silicone Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, June 27, 2023 /PRNewswire/ — The report “Automotive Silicone Market by Type (Elastomers, Resins, Gels, Fluids), Application (Interior & Exterior, Engines, Electrical, Tires) and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) – Global Forecast to 2028″, is projected to reach USD 3.4 billion by 2028, at a CAGR of 7.3%… Continue reading Automotive Silicone Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™