Tag: Strategy

@VW Group: A pioneer’s dream: Porsche China Innovation Open Day 2023007622

27/07/2023 More than 6,200 pioneers joined the Porsche China Innovation Open Day to celebrate the pioneering spirit of Porsche and witness the achievements of Porsche China Innovation Office at its 5th anniversary. China, a market of inspiration and an engine of innovation As Porsche marks its 75th anniversary, Michael Kirsch, President & CEO of Porsche… Continue reading @VW Group: A pioneer’s dream: Porsche China Innovation Open Day 2023007622

@VW Group: Porsche AG continues positive business development in first half-year007621

26/07/2023 Porsche continued its positive business development in the first half-year of 2023. In the first six months of the year, the sports car manufacturer posted significant gains in Group sales revenue as well as Group operating profit. Sales revenues rose by 14.0 per cent to 20.43 billion euros. The operating profit rose by 10.7… Continue reading @VW Group: Porsche AG continues positive business development in first half-year007621

XCMG Machinery Forms Strategic Alliances with IBM and SAP to Foster Global Digital and Intelligent Transformation and Drive International Business Growth

XUZHOU, China, July 27, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) has officially signed a long-term strategic cooperation agreement with IBM and a memorandum of strategic cooperation with SAP lately to push forward the intelligent and digital transformation of the group to further elevate its competitive advantages in the global market and build a world-class… Continue reading XCMG Machinery Forms Strategic Alliances with IBM and SAP to Foster Global Digital and Intelligent Transformation and Drive International Business Growth

Hanwha Aerospace Selected as Preferred Bidder for Land 400 Phase 3 by Australian Army

SEOUL, South Korea, July 27, 2023 /PRNewswire/ — Hanwha Aerospace announced today that its subsidiary, Hanwha Defense Australia(HDA), has been selected as the preferred bidder for the Land 400 Phase 3 Infantry Fighting Vehicle (IFV) program with the Redback IFV. This program includes 129 vehicles across two variants and will be delivered under an accelerated… Continue reading Hanwha Aerospace Selected as Preferred Bidder for Land 400 Phase 3 by Australian Army

Kamux will open a new flagship showroom in the Lakalaiva area in Tampere, Finland, in spring 2024

HÄMEENLINNA, Finland, July 27, 2023 /PRNewswire/ — Kamux, a company specializing in used car sales, continues to implement its growth strategy and will open a new flagship showroom in the Lakalaiva area in Tampere, Finland in late spring 2024. The new megastore with app. 400 cars will be opened in a completely new building that… Continue reading Kamux will open a new flagship showroom in the Lakalaiva area in Tampere, Finland, in spring 2024

Onsemi and Magna target growing global EV market, invest in SiC manufacturing

onsemi, a leader in intelligent power and sensing technologies, and Magna, one of the world’s largest automotive suppliers, have announced a long-term supply agreement (LTSA) for Magna to integrate onsemi’s EliteSiC intelligent power solutions into its eDrive systems. By integrating onsemi’s industry-leading EliteSiC MOSFET technology, Magna eDrive systems can offer better cooling performance and faster… Continue reading Onsemi and Magna target growing global EV market, invest in SiC manufacturing

REPT BATTERO expands Global Market for Wending 320Ah Cells with World’s First Triple TÜV Certificates

The Company Leads the Way in 320Ah Storage Cell Sector with World’s First Mass Production of Wending 320Ah Cells Starting in Q3 BEIJING, July 28, 2023 /PRNewswire/ — REPT BATTERO, a leading innovator in energy storage solutions, announces the acquirement of three prestigious international certificates from TÜV Rheinland, Germany, namely, UL 1973, UL 9540A, and… Continue reading REPT BATTERO expands Global Market for Wending 320Ah Cells with World’s First Triple TÜV Certificates

XCMG Machinery Forms Strategic Alliances with IBM and SAP to Foster Global Digital and Intelligent Transformation and Drive International Business Growth

XUZHOU, China, July 27, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) has officially signed a long-term strategic cooperation agreement with IBM and a memorandum of strategic cooperation with SAP lately to push forward the intelligent and digital transformation of the group to further elevate its competitive advantages in the global market and build a world-class… Continue reading XCMG Machinery Forms Strategic Alliances with IBM and SAP to Foster Global Digital and Intelligent Transformation and Drive International Business Growth

Hanwha Aerospace Selected as Preferred Bidder for Land 400 Phase 3 by Australian Army

SEOUL, South Korea, July 27, 2023 /PRNewswire/ — Hanwha Aerospace announced today that its subsidiary, Hanwha Defense Australia(HDA), has been selected as the preferred bidder for the Land 400 Phase 3 Infantry Fighting Vehicle (IFV) program with the Redback IFV. This program includes 129 vehicles across two variants and will be delivered under an accelerated… Continue reading Hanwha Aerospace Selected as Preferred Bidder for Land 400 Phase 3 by Australian Army