Crowley’s Second Annual Sustainability Report Details Progress on Environmental Strategy and Continued Commitment to Employees

JACKSONVILLE, Fla., June 13, 2023 /PRNewswire/ — Crowley has released its second annual sustainability report today, which details progress toward its sustainability goals in 2022 and previews continued efforts for 2023 and beyond. The report demonstrates how Crowley has accelerated the integration of sustainability throughout its business, which includes advancing its decarbonization strategy, evolving Diversity,… Continue reading Crowley’s Second Annual Sustainability Report Details Progress on Environmental Strategy and Continued Commitment to Employees

Instant Pot parent company files for bankruptcy

Instant Brands’ popularity hasn’t helped it escape a tough economy. The Instant Pot has been one of the most important kitchen gadgets of the past decade, but that hasn’t prevented financial turmoil at its parent company. Instant Brands has filed for Chapter 11 bankruptcy in the US citing worldwide “macroeconomic and geopolitical challenges” that include… Continue reading Instant Pot parent company files for bankruptcy

Siemens plans new plant in Singapore in Asia expansion

BERLIN, June 13 (Reuters) – Siemens (SIEGn.DE) plans to build a new plant for its industrial automation division in Singapore, the company said on Tuesday, as it expands its business in Asia to serve booming orders for automation technology. “Siemens intends to build a new, state-of-the-art Digital Industries (DI) factory in Singapore – as part… Continue reading Siemens plans new plant in Singapore in Asia expansion

Mobility as a Service (MaaS) revealed as top trend for future of car rental market, finds Amadeus and Microsoft report

New report explores the top trends and challenges in the car rental market, including the shift towards MaaS, strategic alliances, autonomous vehicles, and big data Changing traveler expectations, legacy operational processes and increased competition are driving forces behind the transformation of the car rental industry LONDON, June 13, 2023 /PRNewswire/ — The car rental market… Continue reading Mobility as a Service (MaaS) revealed as top trend for future of car rental market, finds Amadeus and Microsoft report

Toyota solid-state EV due in 2027 with 745 miles of range

Toyota is accelerating its development of solid-state batteries following a “technological breakthrough” in their durability and is fast progressing with plans to ultimately produce EVs with more than 930 miles of range. Solid-state batteries – so called because they use a solid electrolyte rather than a liquid one, as in today’s lithium ion units – have a much… Continue reading Toyota solid-state EV due in 2027 with 745 miles of range

If You Invested $1000 in Eaton a Decade Ago, This is How Much It’d Be Worth Now

How much a stock’s price changes over time is a significant driver for most investors. Not only can price performance impact your portfolio, but it can help you compare investment results across sectors and industries as well. FOMO, or the fear of missing out, also plays a role in investing, particularly with tech giants and… Continue reading If You Invested $1000 in Eaton a Decade Ago, This is How Much It’d Be Worth Now

EV Roundup: GM-TSLA Charging Deal, BWA’s “Charging Forward: 2027” & More

In a major development in the electric vehicle (EV) space last week, U.S. auto giant General Motors GM announced plans to embrace EV behemoth Tesla’s TSLA charging network. GM’s intention to adapt its EVs to make them compatible with Tesla’s vast Supercharger network seems to have shaken the dynamics of the EV charging landscape. Auto equipment provider… Continue reading EV Roundup: GM-TSLA Charging Deal, BWA’s “Charging Forward: 2027” & More

Auto Roundup: GM’s Investment Plans, CVNA’s Improved Q2 Outlook & More

According to the China Passenger Car Association, there was a 6.9% increase in passenger vehicle sales in China in May, totaling 1.76 million vehicles. In the same month, 580,000 new energy vehicles were sold, reflecting 10.5% monthly growth and constituting 32.9% of the total sales in May. From January to May, overall passenger vehicle sales… Continue reading Auto Roundup: GM’s Investment Plans, CVNA’s Improved Q2 Outlook & More

Kaiyi Auto new energy strategy anniversary results release

YIBIN, China, June 10, 2023 /PRNewswire/ — On June 9-11, World Power Battery Conference will be held in Yibin with the theme of “New Green Power, World New Energy.” During the conference, Kaiyi Auto will showcase its three new energy technology platforms built on the “Yi concept”, as well as five new energy products such… Continue reading Kaiyi Auto new energy strategy anniversary results release

Movac Group sees management buy-out by existing directors ahead of a strategic 5-year growth plan

A management buy-out at Movac Group Limited has seen existing directors  Robert Lang, Craig Matthews and Keith Parvin acquire the company, ahead of a strategic 5-year growth plan. IPSWICH, England, June 9, 2023 /PRNewswire/ — A management buy-out at Movac Group Limited has seen existing directors  Robert Lang, Craig Matthews and Keith Parvin acquire the company,… Continue reading Movac Group sees management buy-out by existing directors ahead of a strategic 5-year growth plan