@VW Group: Porsche pleased with first year after IPO007853

“Today, we can say that our IPO has been a huge success. It’s good for our customers, our shareholders and our employees as well,” says Chairman of the Executive Board Oliver Blume. “With the greater entrepreneurial freedom and flexibility, we are able to set our own priorities. We can also act more quickly and with… Continue reading @VW Group: Porsche pleased with first year after IPO007853

SKF inaugurates factory in Monterrey, Mexico

GOTHENBURG, Sweden, Oct. 4, 2023 /PRNewswire/ — SKF has inaugurated its new facility in Monterrey, Mexico, a greenfield factory investment totaling SEK 700 million. This will support SKF’s strategic development in the Americas and meet customer needs as focus on electrification increases. The investments are also an important step in SKF’s ongoing Automotive portfolio re-positioning towards… Continue reading SKF inaugurates factory in Monterrey, Mexico

The Warehousing And Storage Market Is Expected To Reach $950 Billion By 2027, Driven by E-Commerce Industry Expansion – By The Business Research Company

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, Oct. 4, 2023 /PRNewswire/ — As per The Business Research Company’s Warehousing And Storage Global Market Report 2023, the global warehousing and storage market has experienced remarkable growth, surging from $660.39… Continue reading The Warehousing And Storage Market Is Expected To Reach $950 Billion By 2027, Driven by E-Commerce Industry Expansion – By The Business Research Company

EverGlade Consulting CHIPS Act Funding Alert: New CHIPS Act NOFO Released for Smaller Supply Chain Projects

CHARLESTON, S.C., Oct. 4, 2023 /PRNewswire/ — In a significant move to fortify the United States’ technological infrastructure and competitiveness, the Biden-Harris administration has announced a new Notice of Funding Opportunity (NOFO) under the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act. This NOFO targets smaller supply chain projects, aiming to bolster American… Continue reading EverGlade Consulting CHIPS Act Funding Alert: New CHIPS Act NOFO Released for Smaller Supply Chain Projects

Volvo Defense to supply logistics trucks to Estonia and Latvia

Volvo Defense, a business operation within Volvo Trucks, has entered a framework agreement with the Estonian Centre for Defence Investments and the Ministry of Defence of the Republic of Latvia for the delivery of logistic trucks. Volvo was chosen as one out of two suppliers that combined will deliver up to 3,000 vehicles over a… Continue reading Volvo Defense to supply logistics trucks to Estonia and Latvia

LG Energy and Toyota ink lithium-ion battery module supply pact for US market

LG Energy Solution and Toyota Motor North America have announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States. Under the contract, LG Energy Solution will supply automotive battery modules at an annual capacity of 20GWh… Continue reading LG Energy and Toyota ink lithium-ion battery module supply pact for US market

LG Energy and Toyota ink lithium-ion battery module supply pact for US market

LG Energy Solution and Toyota Motor North America have announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States. Under the contract, LG Energy Solution will supply automotive battery modules at an annual capacity of 20GWh… Continue reading LG Energy and Toyota ink lithium-ion battery module supply pact for US market

LG Energy and Toyota ink lithium-ion battery module supply pact for US market

LG Energy Solution and Toyota Motor North America have announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States. Under the contract, LG Energy Solution will supply automotive battery modules at an annual capacity of 20GWh… Continue reading LG Energy and Toyota ink lithium-ion battery module supply pact for US market

@BMW: BMW of North America Awards Media Planning and Buying Business to Omnicom in the Americas Region.003024

Woodcliff Lake, NJ – October 4, 2023…  BMW of North America has awarded its national and regional media planning and buying business to Onmicom in the Americas Region. For the first time, BMW of North America is consolidating media planning and buying activities for BMW, MINI, and BMW Motorrad in the U.S., Canada, and Latin… Continue reading @BMW: BMW of North America Awards Media Planning and Buying Business to Omnicom in the Americas Region.003024

STOREDOT SIGNS STRATEGIC AGREEMENT WITH FLEX|N|GATE TO PRODUCE EXTREME FAST CHARGING BATTERY CELLS FOR US EV MARKET

StoreDot partners with leading Tier 1 global automotive component supplier, enhancing its path to OEM commercialization Collaboration gives StoreDot strategic North American manufacturing footprint and the ability to supply car makers with robust, proven XFC cells in their desired formats Flex|N|Gate Group’s cell pilot factory in Windsor, Ontario will produce StoreDot’s 100in5 XFC samples for customers… Continue reading STOREDOT SIGNS STRATEGIC AGREEMENT WITH FLEX|N|GATE TO PRODUCE EXTREME FAST CHARGING BATTERY CELLS FOR US EV MARKET