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
Tag: Strategy
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
@McLaren: McLaren Group funding update000205
McLaren Holdings Limited (“the Group”) today confirms £50m in additional funding, as part of an ongoing recapitalisation process to fully fund McLaren’s product development strategy. The shareholders provided £50m to the Group through equity funding. Further updates on this process will be provided in due course. ENDS About McLaren Automotive: McLaren Automotive is a creator… Continue reading @McLaren: McLaren Group funding update000205
Locals fear Chinese battery plant will harm land in drought-stricken Hungary
Debrecen, Hungary — Just beyond the pastoral gardens and traditional homes of an eastern Hungarian village, a gigaproject of Chinese industry is taking shape. Bulldozers and excavators are already preparing the land for construction of a nearly 550-acre electric vehicle battery plant. The 7.3 billion euro ($7.9 billion) factory will be one of Hungary’s largest-ever… Continue reading Locals fear Chinese battery plant will harm land in drought-stricken Hungary
Ford EVs to get access to Tesla charging network, CEOs say
Two auto industry heavyweights and competitors are teaming up to expand access to electric-vehicle charging in North America. Ford Motor Co. CEO Jim Farley and Tesla Inc. CEO Elon Musk on Thursday announced that, starting next year, Ford’s EVs will gain access to Tesla’s proprietary Supercharger network. They shared the news during a live event… Continue reading Ford EVs to get access to Tesla charging network, CEOs say
AlUla’s Jabal Ikmah recognized for its documentary heritage in chronicling the evolution of Old Arabic Languages
Inscribed on the UNESCO Memory of the World Register for its rock carvings which reflect daily life in the Dadanite Kingdom AlUla’s Jabal Ikmah contains the largest concentration of Dadanitic inscriptions in the world ALULA, Saudi Arabia, May 24, 2023 /PRNewswire/ — The Royal Commission for AlUla (RCU)’s efforts to conserve the region’s documentary heritage… Continue reading AlUla’s Jabal Ikmah recognized for its documentary heritage in chronicling the evolution of Old Arabic Languages
UNICEF AND FLEXPORT.ORG ANNOUNCE PARTNERSHIP TO PROVIDE GLOBAL HUMANITARIAN RELIEF
New collaboration will help UNICEF expand access to critical supplies for children and explore opportunities to address logistics bottlenecks for humanitarian response SAN FRANCISCO, May 24, 2023 /PRNewswire/ — The United Nations Children’s Fund (UNICEF) and Flexport.org, the impact arm of Flexport, a leader in global supply chain technology, today announced a new partnership to… Continue reading UNICEF AND FLEXPORT.ORG ANNOUNCE PARTNERSHIP TO PROVIDE GLOBAL HUMANITARIAN RELIEF
Lifezone Metals hosts investor webcast and provides update on strategy, portfolio and the Board appointments
NEW YORK and LONDON, May 24, 2023 /PRNewswire/ — Lifezone Holdings Limited (“Lifezone Metals” or the “Company”) has previously announced entry into a Business Combination Agreement with GoGreen Investments Corporation (NYSE: GOGN), a publicly traded company on the NYSE (“GoGreen”). Today, Lifezone Metals hosted a virtual investor event presented by Founder and Chairman, Keith Liddell… Continue reading Lifezone Metals hosts investor webcast and provides update on strategy, portfolio and the Board appointments
Ministry of Transport and Logistics Services: KSA Logistics sector market size to grow to 57.4 billion SAR by 2030
RIYADH, Saudi Arabia, May 24, 2023 /PRNewswire/ — In line with the Vision 2030 objective of transforming the Kingdom into a leading industrial powerhouse and global logistics hub, the Ministry of Transport & Logistics Services (MOTLS) has laid out an ambitious strategy that aims to develop the Kingdom’s transport & logistics sector and address the… Continue reading Ministry of Transport and Logistics Services: KSA Logistics sector market size to grow to 57.4 billion SAR by 2030