South Korean battery manufacturer LG Energy Solution will invest approximately $5.5 billion to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities—one for cylindrical batteries for EVs and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). The company plans to invest $3.2… Continue reading LG Energy Solution to build a $5.5-billion battery manufacturing complex in Arizona
Tag: Strategy
Shaping the future of AEC consulting – Method Grid Senior User Forum
BATH, England, May 26, 2023 /PRNewswire/ — Method Grid are excited to announce the success of its Senior User Forum event, which was held in Bath, UK on Thursday 20th April 2023. The event brought together senior professionals from sectors including construction and engineering looking to drive innovation in P3M capability uplift. It was an… Continue reading Shaping the future of AEC consulting – Method Grid Senior User Forum
XCMG’s 5th International Customer Festival Showcases the Latest Excavator Product Lineup
XUZHOU, China, May 26, 2023 /PRNewswire/ — On May 16, 2023, XCMG (SHE: 000425), the world’s top three construction machinery manufacturers, inaugurated its 5th International Customer Festival with a captivating opening ceremony held at its production facility for excavating machines. The event includes visits to XCMG excavator machinery’s exhibition hall and intelligent production lines, interactive… Continue reading XCMG’s 5th International Customer Festival Showcases the Latest Excavator Product Lineup
Applied Intuition, Inc. to Acquire Embark Technology, Inc. to Enhance Its Products for Autonomous Vehicle Development
MOUNTAIN VIEW, Calif., May 25, 2023 /PRNewswire/ — Applied Intuition, Inc., a tooling and software provider for autonomous vehicle development, and Embark Technology, Inc. (NASDAQ: EMBK), an autonomous trucking software company, today announced that the companies have entered into a definitive merger agreement. Under the agreement, Applied will acquire Embark in an all-cash transaction with an… Continue reading Applied Intuition, Inc. to Acquire Embark Technology, Inc. to Enhance Its Products for Autonomous Vehicle Development
Autopilot System Market Set to Surge with 6.14% CAGR by 2029: Urbanization, Infrastructure Investments, and Technological Advancements
The growing need for automation in the aviation sector is a primary driver of the global market for autopilot systems. PUNE, India, May 25, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Autopilot… Continue reading Autopilot System Market Set to Surge with 6.14% CAGR by 2029: Urbanization, Infrastructure Investments, and Technological Advancements
Valeo and DiDi Autonomous Driving have reached a strategic cooperation and investment agreement to jointly develop safety solutions…
Valeo Group | 29 May, 2023 | 5 min On May 29th, Valeo and DiDi Autonomous Driving announced a new strategic cooperation and investment agreement. Valeo intends to invest in DiDi Autonomous Driving and the two partners will develop intelligent safety solutions for L4 robotaxis together. Valeo and DiDi Autonomous Driving will bring together their… Continue reading Valeo and DiDi Autonomous Driving have reached a strategic cooperation and investment agreement to jointly develop safety solutions…
14 Best Self-Driving Car Stocks To Invest In
In this article, we will take a look at the 14 best self-driving car stocks to invest in. For more stocks, head on over to 5 Best Self-Driving Car Stocks To Invest In. According to Fortune Business Insights, the autonomous cars market size is expected to increase from $1.63 billion in 2022 to $19.96 billion… Continue reading 14 Best Self-Driving Car Stocks To Invest In
Shaping the future of AEC consulting – Method Grid Senior User Forum
BATH, England, May 26, 2023 /PRNewswire/ — Method Grid are excited to announce the success of its Senior User Forum event, which was held in Bath, UK on Thursday 20th April 2023. The event brought together senior professionals from sectors including construction and engineering looking to drive innovation in P3M capability uplift. It was an… Continue reading Shaping the future of AEC consulting – Method Grid Senior User Forum
XCMG’s 5th International Customer Festival Showcases the Latest Excavator Product Lineup
XUZHOU, China, May 26, 2023 /PRNewswire/ — On May 16, 2023, XCMG (SHE: 000425), the world’s top three construction machinery manufacturers, inaugurated its 5th International Customer Festival with a captivating opening ceremony held at its production facility for excavating machines. The event includes visits to XCMG excavator machinery’s exhibition hall and intelligent production lines, interactive… Continue reading XCMG’s 5th International Customer Festival Showcases the Latest Excavator Product Lineup
Applied Intuition, Inc. to Acquire Embark Technology, Inc. to Enhance Its Products for Autonomous Vehicle Development
MOUNTAIN VIEW, Calif., May 25, 2023 /PRNewswire/ — Applied Intuition, Inc., a tooling and software provider for autonomous vehicle development, and Embark Technology, Inc. (NASDAQ: EMBK), an autonomous trucking software company, today announced that the companies have entered into a definitive merger agreement. Under the agreement, Applied will acquire Embark in an all-cash transaction with an… Continue reading Applied Intuition, Inc. to Acquire Embark Technology, Inc. to Enhance Its Products for Autonomous Vehicle Development