Assembly Ventures has built the first transatlantic venture capital platform to invest in cutting-edge technologies in the mobility sector. Founded by trailblazers in the mobility sector with strong operational and investment credentials, this brings total assets under management on the platform to $94 million after closing. Substantial investment potential seen in mobility technologies is driven… Continue reading Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy
Tag: Strategy
Global Electric Powertrain Market Report 2023-2030 Featuring Profiles of Robert Bosch, Mitsubishi Electric, Continental, and Many Other Prominent Players in the Ecosystem
DUBLIN, Aug. 17, 2023 /PRNewswire/ — The “Global Electric Powertrain Market Outlook, 2030” report has been added to ResearchAndMarkets.com’s offering. Driving Tomorrow’s Roads: Electric Powertrain Market Set for Exponential Growth In a transformative era of sustainable transportation, the global electric powertrain market is primed for remarkable expansion, scaling from USD 96.7 billion in 2023 to… Continue reading Global Electric Powertrain Market Report 2023-2030 Featuring Profiles of Robert Bosch, Mitsubishi Electric, Continental, and Many Other Prominent Players in the Ecosystem
Zofri Chooses Infor WMS as its Warehouse Management System
Zona Franca de Iquique in Chile implements Infor WMS to improve customer service IQUIQUE, Chile, Aug. 17, 2023 /PRNewswire/ — Infor, the industry-specific cloud software company, today announced that Zofri, Zona Franca de Iquique will implement Infor’s WMS (warehouse management system) to improve customer service, one of the most important performance indicators in the supply chain.… Continue reading Zofri Chooses Infor WMS as its Warehouse Management System
GM to trim engineering jobs as part of a new streamlining initiative
General Motors is streamlining its engineering ranks and will cut a small number of jobs in the process. The automaker confirmed Thursday that it gave notice to about 200 engineers that their positions are being eliminated. But they are allowed to apply for other jobs within the company, said GM spokesman Kevin Kelly. “GM is… Continue reading GM to trim engineering jobs as part of a new streamlining initiative
@Ford: EcoProBM, SK On, Ford Investing in Québec; Building Cathode Plant to Solidify EV supply chain in North America
EcoProBM, SK On and Ford are planning to invest C$1.2 billion to build a cathode manufacturing facility in Bécancour, Québec EcoPro CAM Canada LP will create approximately 345 new jobs; production is targeted to begin in the first half of 2026 BÉCANCOUR, Que., Aug. 17, 2023 – SK On, EcoProBM and Ford today are announcing… Continue reading @Ford: EcoProBM, SK On, Ford Investing in Québec; Building Cathode Plant to Solidify EV supply chain in North America
EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay
A new report from SMS looks at the current experience of public EV charging and what needs to be done to get it ‘fit for the future’ LONDON, Aug. 16, 2023 /PRNewswire/ — UK public electric vehicle (EV) charging needs a major reboot if it’s going to be ‘fit for our EV future’, a new report… Continue reading EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay
FirstElement Fuel, the World-Leading Provider of Hydrogen Refueling Solutions, is Awarded $7.7 Million from the California Energy Commission to Scale up its Manufacturing Capacity
“The CEC is playing a huge role to transition the state of California, and the world, away from fossil fuels. It’s truly an honor to continue our partnership with the CEC to make zero emissions transportation a reality,” said Joel Ewanick, Founder and Chief Executive officer of FEF. FEF’s manufacturing facility in Santa Ana currently… Continue reading FirstElement Fuel, the World-Leading Provider of Hydrogen Refueling Solutions, is Awarded $7.7 Million from the California Energy Commission to Scale up its Manufacturing Capacity
Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization
Delivered $159 million of Adjusted EBITDA(1) on $414 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 38.4%, and net income of $94 million, or $1.16 per diluted share Closed Aquadrill transaction on April 3, increasing contracted floater count for the quarter by four to 12 After the quarter, successfully issued $575 million of 8.375%… Continue reading Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization
Plaza Premium Group Achieves Remarkable Growth with Crimtan’s Targeted Advertising Solutions
The partnership drove a 37% increase in new customers in the first month Highest new customer growth rate in a month was 187% SINGAPORE, Aug. 15, 2023 /PRNewswire/ — Plaza Premium Group, the global leader in integrated airport hospitality experiences, announced the results of a successful partnership with Crimtan, the pioneer of lifecycle marketing for programmatic… Continue reading Plaza Premium Group Achieves Remarkable Growth with Crimtan’s Targeted Advertising Solutions
Clermont Group Welcomes Robbie Bourke as Head of Aerospace
Aviation industry veteran Robbie Bourke joins Clermont Group as Head of Aerospace Bourke will oversee Clermont’s mission to lead the sustainable aviation revolution, which includes the pioneer in electric propulsion, magniX, and Eviation, the maker of the Alice all-electric commuter aircraft Bourke has more than 20 years of industry experience, including senior roles at Oliver… Continue reading Clermont Group Welcomes Robbie Bourke as Head of Aerospace