LONDON, Aug. 23, 2023 /PRNewswire/ — China’s world-leading Electric Vehicle (EV) industry is pushing into Europe. According to a new report from global technology intelligence firm ABI Research, in 2030, 1.2 million Chinese-made Battery Electric Vehicles (BEVs) will be imported by the European Union (EU), making up 12% of the bloc’s BEV sales. Chinese brands… Continue reading The EU Will Import Over 1 Million EVs From China in 2030, Creating both Threat and Opportunity for European OEMs
Tag: Strategy
WIN SOURCE and Supplyframe Forge Strategic Asia Partnership at 2023 Electronica China
WIN SOURCE scores historic rise to No. 18 in SourceToday’s Global Top 50 Electronics Distributors List SHANGHAI, Aug. 23, 2023 /PRNewswire/ — On the second day of 2023 Electronica China, WIN SOURCE reached a significant vendor achievement on the 2023 Global Top 50 Electronics Distributors list, earning the number 18 position on the list. Continue… Continue reading WIN SOURCE and Supplyframe Forge Strategic Asia Partnership at 2023 Electronica China
Truck Market size in Vietnam to grow by 41,610 units between 2021-2026|The rise in industrialization and urbanization drives market – Technavio
NEW YORK, Aug. 25, 2023 /PRNewswire/ — The Truck Market Size in Vietnam is expected to grow by 41,610 units at a CAGR of 7.43% from 2021 to 2026, as per the latest report by Technavio. The report covers the truck market segmentation in Vietnam by type (domestic and imported) and tonnage (less than 10 T and… Continue reading Truck Market size in Vietnam to grow by 41,610 units between 2021-2026|The rise in industrialization and urbanization drives market – Technavio
UAW and GM’s joint venture reach a tentative deal that gives battery workers a wage hike
The United Auto Workers and Ultium Cells LLC have reached a tentative agreement on wages at the battery cell plant in northeast Ohio that would provide an immediate, across-the-board wage increase and back pay for those who qualify, if the hourly workforce ratifies it. Ultium Cells is the joint venture owned by General Motors and… Continue reading UAW and GM’s joint venture reach a tentative deal that gives battery workers a wage hike
Uber, squeezed by insurance, increases minimum age for new drivers in California
Uber has raised the minimum age requirement for new rides-hailing drivers in California to 25 years old due to what it described as “baselessly higher” commercial insurance costs in the state. The new policy will only apply to new drivers planning to use the rideshare platform. Those who plan to use the app to make… Continue reading Uber, squeezed by insurance, increases minimum age for new drivers in California
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
Tesla Supercharger network to become $10 to $20 billion a year business, says Wedbush
A Wedbush analyst is estimating that Tesla’s Supercharger network will become a $10 to $20 billion a year business by the end of the decade. When Tesla first launched the Supercharger network in 2012, it did it because no one else was deploying DC fast-charging stations for long-distance travel. It was doing it as a… Continue reading Tesla Supercharger network to become $10 to $20 billion a year business, says Wedbush