Volkswagen Group to invest £158bn in EVs over next five years

The Volkswagen Group is aiming to further accelerate its electrification efforts with a commitment to invest €180 billion (£158bn) in the next five years, with the majority spent on electrification and software development. The car giant – whose brands include Audi, Cupra, Porsche, Seat, Skoda and Volkswagen – sold 8.3 million vehicles in 2022, with 7% of those battery-electric. But 16% of its… Continue reading Volkswagen Group to invest £158bn in EVs over next five years

Smart Poles and Smart Corridors to Redefine Smart Urban Infrastructure, Accelerating Deployments with Combined Global Spending Reaching US$132 Billion by 2030

OYSTER BAY, N.Y., March 14, 2023 /PRNewswire/ — According to global technology intelligence firm ABI Research, worldwide investments in smart pole and smart corridor technologies will grow from US$10.8 Billion in 2022 to more than US$132 billion in 2030. More than 10.8 million smart poles will have been installed by 2030. “The aging concept of smart… Continue reading Smart Poles and Smart Corridors to Redefine Smart Urban Infrastructure, Accelerating Deployments with Combined Global Spending Reaching US$132 Billion by 2030

SITA AND VOLOCOPTER collaborate on DIGITAL infrastructure for vertiports

New partnership agreement sees SITA join Volocopter’s Series E funding round AMSTERDAM, March 14, 2023 /PRNewswire/ — Volocopter, the pioneer of urban air mobility (UAM), and SITA, the world’s leading IT provider to the air transport industry, have entered a partnership, with SITA selected as Volocopter’s preferred digital and IT systems partner for vertiports. Under the… Continue reading SITA AND VOLOCOPTER collaborate on DIGITAL infrastructure for vertiports

Recovery Continues: Fraport’s 2022 Fiscal Year Marked by Strong Demand

Group result improves to €166.6 million – CEO Schulte expects continued traffic growth during summer by about 15 to 25 percent – Tighter climate targets for 2030: Fraport aims to cut carbon emissions by 78 percent compared to 1990 base-year FRANKFURT, Germany, March 14, 2023 /PRNewswire/ — Fraport AG’s business performance improved significantly in fiscal… Continue reading Recovery Continues: Fraport’s 2022 Fiscal Year Marked by Strong Demand

DB Schenker implements groundbreaking automated e-commerce logistics hub in Spain

– Forefront Autonomous Mobile Robot technology installed in record time for fulfillment to Spain, Portugal, and France – Creating 150 new jobs and high sustainability standards MADRID, March 13, 2023 /PRNewswire/ — DB Schenker, a leading supply chain management and logistics service provider commenced operating one of the largest automated e-commerce facilities servicing its retail… Continue reading DB Schenker implements groundbreaking automated e-commerce logistics hub in Spain

Vitruvian Partners-backed Travel Counsellors announces the strategic acquisition of fast-growing and award-winning travel company Holidaysplease

The acquisition strengthens Travel Counsellors’ position as the UK’s largest technology platform for travel entrepreneurs, which is on track to deliver £1bn+ platform sales in FY23 MANCHESTER, England, March 13, 2023 /PRNewswire/ — Travel Counsellors, the UK’s largest and fast-growing technology platform for travel entrepreneurs, is delighted to announce the strategic acquisition of Holidaysplease Limited… Continue reading Vitruvian Partners-backed Travel Counsellors announces the strategic acquisition of fast-growing and award-winning travel company Holidaysplease

Online bus ticketing service market size to grow by USD 3.43 billion from 2021 to 2026, Convenience of booking bus tickets online to Boost Growth – Technavio

NEW YORK, March 14, 2023 /PRNewswire/ — The online bus ticketing service market size is expected to grow by USD 3.43 billion from 2021 to 2026, according to Technavio research. The growth momentum of the market will accelerate at a CAGR of 26.33% during the forecast period, according to Technavio. The convenience of booking bus tickets… Continue reading Online bus ticketing service market size to grow by USD 3.43 billion from 2021 to 2026, Convenience of booking bus tickets online to Boost Growth – Technavio

Express Wash Concepts Announces Appointment of Craig Van Bremen as Chief Development Officer

COLUMBUS, Ohio, March 14, 2023 /PRNewswire/ — Express Wash Concepts (EWC) today announced the appointment of Craig Van Bremen as the company’s Chief Development Officer (CDO). For the past five years, Van Bremen served as Vice President of Development and Acquisitions for Green Clean Express Auto Wash, the company’s Virginia and North Carolina-based express tunnel… Continue reading Express Wash Concepts Announces Appointment of Craig Van Bremen as Chief Development Officer

MINT HOUSE APPOINTS CHRISTIAN LEE AS CEO TO DRIVE NEXT PHASE OF GROWTH, FOUNDER WILL LUCAS NAMED CHAIRMAN OF THE BOARD

Lee brings operational expertise and a track record scaling high-growth businesses as Mint House revenue has grown 4x since 2021 NEW YORK, March 14, 2023 /PRNewswire/ — Mint House, the leading tech-enabled residential hospitality company, announced today the appointment of Christian Lee as Chief Executive Officer. Lee was recruited by Mint House Founder and previous… Continue reading MINT HOUSE APPOINTS CHRISTIAN LEE AS CEO TO DRIVE NEXT PHASE OF GROWTH, FOUNDER WILL LUCAS NAMED CHAIRMAN OF THE BOARD

Dealer Trade Network names new Senior Vice President of Sales

LOUISVILLE, Ky., March 14, 2023 /PRNewswire/ — Dealer Trade Network, one of Louisville’s fastest-growing, privately held companies, has a new Senior Vice President of Sales. Brad Walsh joined the company this month, bringing more than 25 years of automotive sales, finance, and services experience with him from organizations like Cox Automotive, Santander Consumer, and most… Continue reading Dealer Trade Network names new Senior Vice President of Sales