General Motors is investing tens of billions of dollars to produce new electric vehicles and, it hopes, catch up to Tesla. But those ambitious goals appear distant. This year, the company is struggling to produce a new electric car battery pack meant for the electric vehicles it plans to introduce over several years. On Tuesday,… Continue reading G.M.’s Electric Vehicle Rollout Delayed by Slow Battery Production
Tag: Strategy
Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud launches the Master Plan for logistics centers with the aim of transforming the Kingdom into a Global Logistics Hub
RIYADH, Saudi Arabia, Aug. 27, 2023 /PRNewswire/ — His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Supreme Committee for Transport and Logistics Services launched the master plan for logistics centers, which aims to further develop the infrastructure of the logistics sector in the Kingdom,… Continue reading Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud launches the Master Plan for logistics centers with the aim of transforming the Kingdom into a Global Logistics Hub
@VW Group: Water Power — The Source of Success007705
A mountain river known as the Gutach winds its powerful way through the picturesque town of Hornberg. Around 5,000 people live in this municipality in the central Black Forest region of southern Germany, a popular destination for vacationers. The source of the Gutach is a mere 12-mile hike away. Its turbulent path crosses the factory… Continue reading @VW Group: Water Power — The Source of Success007705
CIE Automotive sells its forging business in Germany to Mutares
CIE Automotive has, earlier this month, announced the sale of its forging business in Germany to Mutares. Mutares is a global private equity investor, headquartered in Germany, specialised in acquiring medium-sized companies and carve-outs in special situations, which show operational improvement potential. The forgings business comprises the sale of 100% of the share capital… Continue reading CIE Automotive sells its forging business in Germany to Mutares
BMW to build logistics facility for high-voltage batteries
The BMW Group continues to invest in e-component production at Plant Leipzig and in the future of the site. A leasehold contract has now been signed for an area of land outside the plant premises, on the northern industrial estate – which is also home to the existing facility. The new plot for use by… Continue reading BMW to build logistics facility for high-voltage batteries
BMW to build logistics facility for high-voltage batteries
The BMW Group continues to invest in e-component production at Plant Leipzig and in the future of the site. A leasehold contract has now been signed for an area of land outside the plant premises, on the northern industrial estate – which is also home to the existing facility. The new plot for use by… Continue reading BMW to build logistics facility for high-voltage batteries
ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store
The ThroughPut.ai SKU Rationalization solution optimizes product mix to rapidly and continuously accelerate free cash flow, as well as margins to enable an undeniably significant, positive impact on the bottom line. PALO ALTO, Calif., Aug. 24, 2023 /PRNewswire/ — ThroughPut Inc., the industrial AI supply chain pioneer, today announced that its ThroughPut.ai SKU Rationalization solution… Continue reading ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store
Boom Supersonic Advances Flight Preparations for XB-1
Key milestones completed as world’s first independently developed supersonic jet progresses towards first flight DENVER, Aug. 24, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, Overture, today announced it has completed several key milestones for XB-1, Boom’s technology demonstrator aircraft. XB-1 leverages 60 years of progress in airplane technologies like carbon… Continue reading Boom Supersonic Advances Flight Preparations for XB-1
Successful Global Acquisition: Global New Material International & CQV
HONG KONG, Aug. 24, 2023 /PRNewswire/ — Global New Material International Holdings Limited (the “Company”, Stock Code: 6616.HK) announced that all conditions precedent under the each of the CQV Sale Shares Agreements and the CQV Treasury Shares Agreement have been satisfied and the Closing took place on 22 August 2023. Upon the Closing, the Company… Continue reading Successful Global Acquisition: Global New Material International & CQV
QUANTRON reports successful first seven months with international expansion as part of its globalization strategy
Quantron AG reports cumulative order intake of 20 million Euro for the first seven months of the year Order backlog and customer approved funding requests cumulatively exceed 100 million Euro QUANTRON expands with the foundation of Quantron Italy S.r.l. and now has partners and affiliate offices in eight countries in Europe, Middle East, India & USA QUANTRON and… Continue reading QUANTRON reports successful first seven months with international expansion as part of its globalization strategy