ABI Research launches its new Electric Vehicle research service to strategically guide the automotive ecosystem through the rapidly expanding EV market opportunity NEW YORK, March 9, 2023 /PRNewswire/ — The European Union will soon require all cars sold from 2035 to be zero emissions. China’s goal is for 50% of cars sold in 2035 to… Continue reading Looming Aggressive Government Deadlines for Zero Emission Vehicles Underscore the Immense Scale of Challenges Facing Automakers and Suppliers to Deliver 45 Million EVs in 2030
Tag: Strategy
Infosys Collaborates with Mobility Specialist ZF to Revamp Supply Chain Operations
Leverages Infosys Cobalt to implement a unified ERP platform and enable data-driven demand planning and agile inventory management FRANKFURT, Germany, March 9, 2023 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has collaborated with mobility specialist ZF to revamp its multi-echelon supply chain… Continue reading Infosys Collaborates with Mobility Specialist ZF to Revamp Supply Chain Operations
CAR MAKERS NEED A START-UP MINDSET TO BOOST EV SALES, SAYS BATTERY PIONEER STOREDOT
StoreDot calls for more car companies to adopt the mindset and agility of start-ups and to work more in tandem with groundbreaking technology companies to enable and accelerate innovation and global EV market growth StoreDot’s CEO observes varying approaches in automotive manufacturers and their willingness to adopt new innovative battery technologies OEMs that reevaluate traditional… Continue reading CAR MAKERS NEED A START-UP MINDSET TO BOOST EV SALES, SAYS BATTERY PIONEER STOREDOT
CGTN: China stresses enhancing integrated national strategies, strategic capabilities
BEIJING, March 9, 2023 /PRNewswire/ — The ongoing first session of the 14th National People’s Congress (NPC), China’s top legislature, gathers 2,977 deputies from an array of professions and backgrounds. Among those national legislators, 281 are from the armed forces, forming the largest group of lawmakers at this year’s meeting. Chinese President Xi Jinping takes… Continue reading CGTN: China stresses enhancing integrated national strategies, strategic capabilities
ZTO Provides Updates on Response to Short Seller Report
SHANGHAI, March 9, 2023 /PRNewswire/ — ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China (“ZTO” or the “Company”), today announced that following its previous statement in response to the allegations made in a report issued by the short-seller firm Grizzly Research LLC on March 2, 2023 (the “Short… Continue reading ZTO Provides Updates on Response to Short Seller Report
Ford ranks among worst in JD Power customer service survey of 2020-22 vehicles
Customers seeking car repairs have experienced a dip in satisfaction overall for the first time in nearly three decades, and Ford Motor Co. — despite touting its dealer model as a competitive advantage — ranked among the worst, according to the 2023 J.D. Power U.S. Customer Service Index Study released Thursday. Overall, the top rankings… Continue reading Ford ranks among worst in JD Power customer service survey of 2020-22 vehicles
Cango Inc. Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results
SHANGHAI, March 9, 2023 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced its unaudited financial results for the fourth quarter and full year of 2022. Fourth Quarter 2022 Financial and Operational Highlights Total revenues were RMB487.1 million (US$70.6 million), compared with RMB1,050.5 million in… Continue reading Cango Inc. Reports Fourth Quarter and Full Year 2022 Unaudited Financial Results
TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
SAN DIEGO, March 9, 2023 /PRNewswire/ — TuSimple (Nasdaq: TSP) today announced that TuSimple Holdings Inc. (the “Company”) was unable to timely file its Annual Report on Form 10-K for the fiscal year ended December 30, 2022 (the “Form 10-K”) by the prescribed due date because the Company requires additional time to identify and select… Continue reading TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
Nissan says it will bring EV powertrain costs down by 30%, here’s what that entails
Nissan is doubling down on its new efforts to boost electric vehicle production. The automaker says under its new EV powertrain approach, development and manufacturing costs will be reduced by 30% by 2026. Despite Nissan’s early lead in the pure battery electric vehicle market with the release of the LEAF in 2011, the Japanese automaker… Continue reading Nissan says it will bring EV powertrain costs down by 30%, here’s what that entails
TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
SAN DIEGO, March 9, 2023 /PRNewswire/ — TuSimple (Nasdaq: TSP) today announced that TuSimple Holdings Inc. (the “Company”) was unable to timely file its Annual Report on Form 10-K for the fiscal year ended December 30, 2022 (the “Form 10-K”) by the prescribed due date because the Company requires additional time to identify and select… Continue reading TuSimple Receives Expected Notice from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K