TOKYO (Reuters) — Honda Motor and General Motors are scrapping a plan to jointly develop affordable electric vehicles, the companies said on Wednesday, just a year after they agreed to work together in a $5 billion effort to beat Tesla in sales. The decision underscores GM’s strategic shift to slow the launch of several EV models to focus on… Continue reading Honda, GM scrap $5bn plan to co-develop cheaper EVs
Tag: Strategy
Accelerating the ‘Go Global’ Strategy: NETA Auto Launches Featured Model in Indonesia and Malaysia
SHANGHAI, Oct. 25, 2023 /PRNewswire/ — In a rapid stride towards globalization, NETA Auto has embarked on journeys in two additional countries this week. The exciting debut of NETA V in Indonesia and Malaysia brings a new era of intelligent electric vehicles to consumers in both nations. With its exceptional design, cutting-edge technology, and commitment to green… Continue reading Accelerating the ‘Go Global’ Strategy: NETA Auto Launches Featured Model in Indonesia and Malaysia
Dukosi and Suzhou Hengmei Electron Technology Inc. Strengthen Partnership and Establish Joint Development Laboratory
Joint Lab to serve as Regional Innovation Hub for Advancing Chip-on-Cell-based Next Generation Battery Systems EDINBURGH, Scotland, Oct. 25, 2023 /PRNewswire/ — Dukosi Ltd, the technology company revolutionizing the performance, safety and sustainability of battery systems, and Suzhou Hengmei Electron Technology, Inc. (“Hengmei”) today announced the Joint Development Laboratory at Hengmei’s facility in Suzhou, China.… Continue reading Dukosi and Suzhou Hengmei Electron Technology Inc. Strengthen Partnership and Establish Joint Development Laboratory
Scott Arnold and Rachel Feinman of Tampa General Hospital Named ‘Hospital and Health System Chief Innovation Officers to Know’
The academic health system’s EVP and Chief Digital and Innovation Officer, and VP of Innovation and Managing Director of TGH Innoventures are recognized for their efforts to drive innovation. TAMPA, Fla., Oct. 25, 2023 /PRNewswire/ — Tampa General Hospital (TGH) announced that Scott Arnold, the academic health system’s executive vice president and chief digital and innovation officer,… Continue reading Scott Arnold and Rachel Feinman of Tampa General Hospital Named ‘Hospital and Health System Chief Innovation Officers to Know’
Telehealth Market to grow at a CAGR of 29.3% between 2022 and 2027, North America is expected to contribute to 34% of the market growth – Technavio
NEW YORK, Oct. 25, 2023 /PRNewswire/ — The telehealth market size is estimated to grow by USD 170.82 billion during 2022-2027. The market is expected to progress at a CAGR of 29.3% during the forecast period. North America is expected to contribute to 34% of the market growth during the forecast period. Factors like the adoption of advanced… Continue reading Telehealth Market to grow at a CAGR of 29.3% between 2022 and 2027, North America is expected to contribute to 34% of the market growth – Technavio
Jim Scanlon Named President of Radiance Technologies, Inc.
HUNTSVILLE, Ala., Oct. 25, 2023 /PRNewswire/ — Radiance Technologies, Inc. (Radiance) is excited to announce the appointment of Mr. Jim Scanlon to President of the company. Mr. Scanlon has served on the Radiance Board of Directors for the past three years and will continue that service in addition to this appointment. As a Board Member, Scanlon… Continue reading Jim Scanlon Named President of Radiance Technologies, Inc.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Discover Financial Services of Class Action Lawsuit and Upcoming Deadline – DFS
NEW YORK, Oct. 25, 2023 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers. The class action, filed in the United States District Court for the Northern District of Illinois, Eastern Division, and docketed under 23-cv-06788, is on… Continue reading SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Discover Financial Services of Class Action Lawsuit and Upcoming Deadline – DFS
Hertz Names Justin Keppy as Chief Operating Officer
Keppy has also served in a variety of senior roles within UTC Aerospace Systems, Hamilton Sundstrand, Shawmut Corporation, Ford, and the U.S. Army. Photo: Hertz/Canva Hertz Global Holdings, Inc., announced on October 24 that Justin Keppy will join the company as COO, effective November 15. In this role, Keppy will be responsible for running the… Continue reading Hertz Names Justin Keppy as Chief Operating Officer
Auto Stocks’ Q3 Earnings Lineup for Oct 26: F, HOG & More
The third-quarter earnings season for the Auto-Tires-Trucks sector began on Oct 18. So far, four S&P 500 sector components — Tesla, Genuine Parts, PACCAR and General Motors — have reported quarterly numbers. While Genuine Parts, PACCAR and General Motors managed to pull off an earnings beat, Tesla’s 10 consecutive quarter-long beat streak snapped as it reported lower-than-expected earnings for the third… Continue reading Auto Stocks’ Q3 Earnings Lineup for Oct 26: F, HOG & More
Retail Logistics Market to Reach $809.7 Billion Globally by 2032 at 13.5% CAGR: Allied Market Research
The continued expansion of e-commerce platforms and the growing popularity of online shopping are anticipated to drive the growth of the global retail logistics market during the forecast period. The Asia-Pacific region is projected to hold the majority of market share by 2032. WILMINGTON, Del., Oct. 25, 2023 /PRNewswire/ — Allied Market Research has recently… Continue reading Retail Logistics Market to Reach $809.7 Billion Globally by 2032 at 13.5% CAGR: Allied Market Research