Hyundai Motor India (HMI) has revealed its extensive long-term investment strategy in the state of Tamil Nadu. The Chennai-based Korean car maker aims to expand its presence in electric vehicles and enhance vehicle platforms by allocating Rs 20,000 crore over a phased 10-year period from 2023 to 2032. The Memorandum of Understanding (MoU) was officially… Continue reading Hyundai Motor India to invest Rs 20,000 crore to develop EV ecosystem in Tamil Nadu
Tag: Strategy
Hyundai Motor India to invest Rs 20,000 crore to develop EV ecosystem in Tamil Nadu
Hyundai Motor India (HMI) has revealed its extensive long-term investment strategy in the state of Tamil Nadu. The Chennai-based Korean car maker aims to expand its presence in electric vehicles and enhance vehicle platforms by allocating Rs 20,000 crore over a phased 10-year period from 2023 to 2032. The Memorandum of Understanding (MoU) was officially… Continue reading Hyundai Motor India to invest Rs 20,000 crore to develop EV ecosystem in Tamil Nadu
CJ Logistics Builds Saudi Arabia’s First Dedicated eCommerce Global Distribution Center to Target Middle East Market
– The country’s first eCommerce customized global distribution center will be completed in 2024. RIYADH, Saudi Arabia, May 11, 2023 /PRNewswire/ — CJ Logistics, a leading provider of logistics solutions worldwide, announced plans to build a Global Distribution Center (GDC) in Saudi Arabia by 2024. The GDC will be the first dedicated e-commerce logistics facility in Saudi… Continue reading CJ Logistics Builds Saudi Arabia’s First Dedicated eCommerce Global Distribution Center to Target Middle East Market
GWM New Energy Strategy Boosts Sales Surge
BAODING, China, May 11, 2023 /PRNewswire/ — On May 8, GWM released the latest sales data. This April, GWM sold 93,107 vehicles, with a year-on-year increase of 73.14%. The number of new energy vehicles (NEVs) sold reached 14,863, up 284.06% year-on-year (YoY). Under the trend of accelerating transformation of new energy in the global automobile industry,… Continue reading GWM New Energy Strategy Boosts Sales Surge
Loeb Leadership and Canyon Ranch Enter an Exclusive Partnership and Provide Organizational and Leadership Retreats
NEW YORK, May 11, 2023 /PRNewswire/ — Loeb Leadership, a leading global leadership development firm, is proud to announce that it has entered into an exclusive partnership with Canyon Ranch destination resorts. This partnership will offer clients the unique opportunity to hold organizational and senior leadership retreats at any of Canyon Ranch’s three destination locations. Continue… Continue reading Loeb Leadership and Canyon Ranch Enter an Exclusive Partnership and Provide Organizational and Leadership Retreats
VerifyMe Reports First Quarter 2023 Financial Results
Quarterly revenue of $5.7 million in Q1 2023, compared to $0.2 million in Q1 2022 Net loss of $1.6 million in Q1 2023, compared to a net loss of $1.4 million in Q1 2022 Adjusted EBITDA(1) of ($0.5) million in Q1 2023, compared to ($1.1) million in Q1 2022 Cash of $3.1 million as of… Continue reading VerifyMe Reports First Quarter 2023 Financial Results
Armstrong Transport Group Recognized as a US Best Managed Company
CHARLOTTE, N.C., May 11, 2023 /PRNewswire/ — Armstrong Transport Group (“Armstrong,” or the “Company”), a leading non-asset-based logistics provider, is proud to announce it has been selected as a 2023 US Best Managed Company. Sponsored by Deloitte* Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their… Continue reading Armstrong Transport Group Recognized as a US Best Managed Company
Steven Barriger Appointed Chief of Staff for B.R.A.K.E.S. National Teen Defensive Driving Program
CONCORD, N.C., May 11, 2023 /PRNewswire/ — The B.R.A.K.E.S. (Be Responsible And Keep Everyone Safe) national teen defensive driving program today announces the appointment of Steven Barriger to the newly created position of Chief of Staff. Mr. Barriger will assist the organization’s executive director in providing leadership and oversight for day-to-day functions and staff. He will… Continue reading Steven Barriger Appointed Chief of Staff for B.R.A.K.E.S. National Teen Defensive Driving Program
nShift named in 2023 Gartner® Europe Context: ‘Magic Quadrant™ for Transportation Management Systems’
nShift identified as a Notable Vendor in the report. The European TMS market is forecast to grow at a five-year CAGR of 5.3%, with a forecast spend through 2026 of $485 million. LONDON, May 9, 2023 /PRNewswire/ — Gartner, a company delivering actionable, objective insight to executives and their teams has named nShift as a… Continue reading nShift named in 2023 Gartner® Europe Context: ‘Magic Quadrant™ for Transportation Management Systems’
The Global MICE Market to Surpass USD 1,478 Billion by 2032, Accelerated by Growing Number of Business Events Globally, Estimates Extrapolate
DUBAI, UAE, May 9, 2023 /PRNewswire/ — As per the recent research report published by Extrapolate, the Global MICE Market is poised to experience robust growth and accrue a market size of USD 1,478 billion by 2032, exhibiting a CAGR of 27.5% between 2023 and 2032. This is a significant increase from the base market size… Continue reading The Global MICE Market to Surpass USD 1,478 Billion by 2032, Accelerated by Growing Number of Business Events Globally, Estimates Extrapolate