Tesla may be a relative newcomer compared to legacy companies like GM and Ford, but it has adopted an age-old tactic in the industry: price wars. The automaker has lowered the sticker price on its vehicles in the U.S. and China numerous times since last fall. And any speculation that the cuts would stop in… Continue reading Tesla’s strategy to fuel EV sales? Keep cutting prices
Tag: Strategy
Toyota’s new CEO adjusts EV plans but sticks to a hybrid approach
Toyota’s newly elected CEO, Koji Sato, is tasked with pulling the automaker out of the past and into the modern era. After announcing plans to introduce 10 new EV models on Friday with 1.5 million in electric vehicle sales by 2026, is the automaker doing enough? After selling more than 10.5 million vehicles last year,… Continue reading Toyota’s new CEO adjusts EV plans but sticks to a hybrid approach
Toyota to sell 1.5 million EVs by 2026, roll out 10 new models
Toyota’s new chief executive officer, Koji Sato, unveiled the beginnings of a long-awaited plan to electrify the automaker’s vehicle lineup during his first press conference, but stopped short of outlining concrete steps about how exactly the company will match its EV rivals abroad. The Japanese automaker, often describing itself as a mobility company whose wish… Continue reading Toyota to sell 1.5 million EVs by 2026, roll out 10 new models
Accor and Jin Jiang Hotels sign Memorandum of Understanding to jointly drive sustainable practices across the hospitality industry
The two hospitality leaders join forces to drive innovative development methods in the hotel industry BEIJING, April 7, 2023 /PRNewswire/ — The Fifth Meeting of the Council of China-France Entrepreneurs was held yesterday in Beijing. It was attended by the heads of state of China and France, representatives from both Chinese and French governments and entrepreneurs. The… Continue reading Accor and Jin Jiang Hotels sign Memorandum of Understanding to jointly drive sustainable practices across the hospitality industry
Zoomlion Releases 2022 Annual Report: International Business Up 70%
CHANGSHA, China, April 7, 2023 /PRNewswire/ — On March 30, Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) released its 2022 annual report. Key highlights: The company secured operating revenue of RMB 41.631 billion ($6.051 billion), and a net profit attributable to shareholders of the listed company of RMB 2.306 billion ($335.2 million). Zoomlion’s… Continue reading Zoomlion Releases 2022 Annual Report: International Business Up 70%
J&T Express Celebrates Its Fourth Anniversary in Thailand
BANGKOK, April 7, 2023 /PRNewswire/ — J&T Express, a global logistics service provider, celebrated its fourth anniversary in Thailand themed “Parcel Story of 4ever Friendship”. Continue Reading J&T Express Celebrates Its Fourth Anniversary in Thailand Since its launch in Thailand in March 2019, J&T Express has quickly grown into a leading delivery service provider. Through its… Continue reading J&T Express Celebrates Its Fourth Anniversary in Thailand
Latest BIS Research Report Projects the Global UAV Satellite Communication (SATCOM) Market to Reach $10.72 Billion by 2033
Europe accounted for the highest share of 29.88% in the global UAV (SATCOM) market in 2022, owing to a significant number of companies based in the region. FREMONT, Calif., April 6, 2023 /PRNewswire/ — BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled UAV Satellite Communication (SATCOM) Market – A… Continue reading Latest BIS Research Report Projects the Global UAV Satellite Communication (SATCOM) Market to Reach $10.72 Billion by 2033
project44 Announces Six New Capabilities to Enhance International Visibility
Industry’s most comprehensive international visibility solution equips global shippers and logistics service providers to solve pervasive supply chain challenges CHICAGO, April 6, 2023 /PRNewswire/ — project44, the leading supply chain visibility platform, today announced six new capabilities within its supply chain visibility platform, Movement by project44™. These capabilities complement project44’s award-winning suite of solutions to… Continue reading project44 Announces Six New Capabilities to Enhance International Visibility
FreeWire Announces International Business Expansion, Opens European Headquarters
FreeWire installs first ultrafast Boost Chargers™ in Belgium, the Netherlands, and Spain, hires European sales team, and announces opening of European headquarters including a Sales & Demonstration Center NEWARK, Calif., April 6, 2023 /PRNewswire/ — FreeWire Technologies, the leading provider of battery-integrated electric vehicle (EV) charging stations and energy management solutions, today announced the company’s… Continue reading FreeWire Announces International Business Expansion, Opens European Headquarters
GWM 2022 Annual Performance Report: 12.18 billion CNY R&D investment, up 34%
BAODING, China, April 6, 2023 /PRNewswire/ — On March 30, GWM released its 2022 annual report. In 2022, the total operating revenue of GWM was 137.34 billion CNY. The net profit attributable to shareholders of listed companies was 8.27 billion CNY, a year-on-year increase of 22.90%. In 2022, GWM maintained a healthy and sustainable financial… Continue reading GWM 2022 Annual Performance Report: 12.18 billion CNY R&D investment, up 34%