GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips 2023-02-09 MALTA, NEW YORK AND DETROIT — General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. Through this first-of-its-kind agreement, GF will manufacture for… Continue reading @GM: GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips
Tag: Strategy
@GM: General Motors and Netflix Partner to Give EVs the Stage they Deserve
General Motors and Netflix Partner to Give EVs the Stage they Deserve 2023-02-02 DETROIT – General Motors and Netflix are joining forces to give electric vehicles (EVs) the stage they deserve, reflecting society’s increasing excitement about an all-electric future, starting with a launch spot, “EVs On Screen.” In 2021, GM launched the “Everybody In” campaign,… Continue reading @GM: General Motors and Netflix Partner to Give EVs the Stage they Deserve
@GM: GM and Lithium Americas to Develop U.S.-Sourced Lithium Production through $650 Million Equity Investment and Supply Agreement
GM and Lithium Americas to Develop U.S.-Sourced Lithium Production through $650 Million Equity Investment and Supply Agreement 2023-01-31 Thacker Pass in Nevada is the largest known source of lithium in the United States GM to receive exclusive access to Phase 1 production Material sourced from Lithium Americas will help support EV eligibility for consumer incentives… Continue reading @GM: GM and Lithium Americas to Develop U.S.-Sourced Lithium Production through $650 Million Equity Investment and Supply Agreement
Stoneridge Announces Continued Board Refreshment Plan
NOVI, Mich. , Feb. 13, 2023 /PRNewswire/ — Stoneridge, Inc. (NYSE: SRI), today announced that Jeffrey P. Draime, a member of the Company’s Board of Directors, notified the Company that he will not stand for re-election at the Company’s 2023 Annual Meeting of Shareholders. The son of Stoneridge founder D. M. “Max” Draime, Jeff served in… Continue reading Stoneridge Announces Continued Board Refreshment Plan
Toyota finally admits ‘timing is right’ for an EV-first mindset amid business reshuffle
Amid new leadership changes, Toyota is reshuffling its business structure, claiming the “time is right” to accelerate battery electric vehicle (BEV) development. Toyota says it will take a new EV-first approach, starting with its luxury brand Lexus. Last week, Electrek reported Toyota’s longtime CEO Akio Toyoda was stepping down from his position amid mounting pressure… Continue reading Toyota finally admits ‘timing is right’ for an EV-first mindset amid business reshuffle
Michigan Strategic Fund OKs $1 billion in aid for $3.5 billion Ford battery plant
The Michigan Strategic Fund approved Monday an incentive package worth more than $1 billion to support Ford Motor Co. on a multibillion-dollar investment to build an electric-vehicle battery plant in Calhoun County. Ford officials said Monday the company expects to invest $3.5 billion to construct the battery plant, called “Blue Oval Battery Park Michigan.” The… Continue reading Michigan Strategic Fund OKs $1 billion in aid for $3.5 billion Ford battery plant
Ardmore Shipping 2023 Investor Day: Product and Chemical Tankers in a Re-Ordered Global Energy Market
Company to provide a comprehensive update on product and chemical tanker markets, the impacts of evolving sanctions and regulatory regimes that are reshaping global energy flows, and Ardmore’s strategy for maximizing value February 14, 2023 event will also include the Company’s presentation of fourth quarter and full year 2022 financial results HAMILTON, Bermuda, Feb. 13, 2023… Continue reading Ardmore Shipping 2023 Investor Day: Product and Chemical Tankers in a Re-Ordered Global Energy Market
Alpha Motor Corporation Surprises with New WOLF+ Truck Development
IRVINE, Calif., Feb. 13, 2023 /PRNewswire/ — Alpha Motor Corporation (Alpha) announced today that in addition to the drivable WOLF electric truck, the WOLF+ extended cabin version has also been in construction since November 2022. Alpha shared it has been progressing development of the WOLF and WOLF+ trucks to increase its ability to grow market share.… Continue reading Alpha Motor Corporation Surprises with New WOLF+ Truck Development
@VW Group: BUGATTI AND LEGENDARY OPTICAL DESIGNER LARRY SANDS LAUNCH THE FIRST-EVER BUGATTI EYEWEAR COLLECTION006656
Launched at a prestigious private event at the hotel Principe di Savoia in Milan, Italy, Collection One brings together the essence of the Bugatti brand as the pinnacle in automobile luxury, performance and design with the genius of Larry D. Sands, a freethinking pioneer in the optical fashion space. The nine-style set comprising of 37… Continue reading @VW Group: BUGATTI AND LEGENDARY OPTICAL DESIGNER LARRY SANDS LAUNCH THE FIRST-EVER BUGATTI EYEWEAR COLLECTION006656
@VW Group: Italdesign celebrates 55 years and keeps designing the future006656
Antonio Casu, CEO Italdesign Over 1100 people working in Italy, Spain, Germany and China; a growing turnover, which in 2022 set a new record. Italdesign is a company world-famous for its iconic projects, able to interconnect different sectors and skills and to integrate advanced services thanks to technical and strategic partnerships with world-class creators of… Continue reading @VW Group: Italdesign celebrates 55 years and keeps designing the future006656