Škoda Auto Set to Re-enter Kazakhstan Market with New Partner Allur Company (IN BRIEF) Škoda Auto, the Czech car manufacturer, is making a strategic return to the Kazakhstan market by partnering with Allur Company for sales and production. They have signed a partnership agreement, and starting in early 2024, four Škoda models will be assembled… Continue reading Europa Wire: Škoda Auto Set to Re-enter Kazakhstan Market with New Partner Allur Company000822
Tag: Strategy
ChargePoint shares fall after EV charging operator announces $232 million raise
A ChargePoint electric vehicle charging station at Walnut Creek City Hall parking lot, Walnut Creek, California, April 18, 2023. Smith Collection/gado | Archive Photos | Getty Images Shares of EV charging network operator ChargePoint Holdings closed sharply lower Wednesday after the company said it’s raising $232 million via stock sales. The company’s stock was down… Continue reading ChargePoint shares fall after EV charging operator announces $232 million raise
Stellantis, Samsung SDI to build $3.2 billion EV battery plant in Indiana
The Dodge Charger Daytona SRT Concept all-electric muscle car is shown at its world reveal during Dodge’s Speed Week at M1 Concourse in Pontiac, Michigan, Aug. 17, 2022. Bill Pugliano | Getty Images DETROIT — Samsung SDI and automaker Stellantis plan to invest more than $3.2 billion in a new electric vehicle battery plant in… Continue reading Stellantis, Samsung SDI to build $3.2 billion EV battery plant in Indiana
@Toyota: Toyota Named the Official Automotive Partner of the National Football League
Toyota Signs Multi-Year Sponsorship Deal with the National Football League Leverages NFL platforms to build Toyota brand awareness, consideration, and loyalty Toyota to support grassroots NFL programs aimed toward elevating communities PLANO, Texas (Oct. 11, 2023) – Toyota and The National Football League (NFL) jointly announced today they have entered into a multi-year sponsorship agreement… Continue reading @Toyota: Toyota Named the Official Automotive Partner of the National Football League
EV maker VinFast to acquire its battery maker sibling VinES
VinFast, which was backed by Vietnam’s largest conglomerate Vingroup, said the strategic acquisition of VinES, also a member in the Vingroup ecosystem, would help it secure the supply of batteries as the EV maker sought to save 5% to 7% on battery costs. Electric-vehicle maker VinFast Auto said on Wednesday it would acquire a 99.8%… Continue reading EV maker VinFast to acquire its battery maker sibling VinES
Union Cabinet approves royalty rates for critical and strategic minerals including lithium
Mineral royalty is the economic rent due to the sovereign owner (government) in exchange for the right to extract mineral substances. The Union Cabinet on Wednesday approved royalty rates for three critical and strategic minerals, Information and Broadcasting minister Anurag Thakur said. The decision on royalty rates of critical minerals comes after Mines Secretary Vivek… Continue reading Union Cabinet approves royalty rates for critical and strategic minerals including lithium
@Groupe PSA: PR Stellantis, Samsung SDI Announce Kokomo, Indiana as Site for Second U.S. StarPlus Energy Gigafactory006452
AMSTERDAM – Stellantis N.V. and Samsung SDI today announced that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours… Continue reading @Groupe PSA: PR Stellantis, Samsung SDI Announce Kokomo, Indiana as Site for Second U.S. StarPlus Energy Gigafactory006452
@Groupe PSA: PR Stellantis Recognizes Suppliers for Commitment, Performance, Quality and Operational Excellence006451
Third annual supplier recognition event recognizes 16 suppliers with the Stellantis ‘Supplier of the Year’ award 40 suppliers were nominated across 16 different strategic categories, including purchasing, supply chain, supplier quality and innovation DETROIT – This week Stellantis honored 40 of its suppliers for their outstanding commitment, performance, quality, and operational excellence in 2022. One… Continue reading @Groupe PSA: PR Stellantis Recognizes Suppliers for Commitment, Performance, Quality and Operational Excellence006451
Cendyn doubles down on the future of CRM with strategic acquisition of PUSHTech
Leading hotel tech provider takes transformative step towards a next generation CRM platform that empowers hoteliers to build stronger relationships with their guests whilst driving profitable revenue BARCELONA, Spain, Oct. 10, 2023 /PRNewswire/ — Cendyn, a catalyst for digital transformation in the hospitality industry, is thrilled to announce its strategic acquisition of PUSHTech, a pioneering… Continue reading Cendyn doubles down on the future of CRM with strategic acquisition of PUSHTech
ARA PARTNERS ACQUIRES VACUUMSCHMELZE, LEADING GLOBAL ADVANCED MAGNETIC MATERIALS PRODUCER
Sole Western Manufacturer of Sintered NdFeB Electric Vehicle-Grade Permanent Magnets Poised to Meet Significant Demand for High-Quality, High-Performance Magnetic Materials Critical to the Global Energy Transition HOUSTON and HANAU, Germany, Oct. 10, 2023 /PRNewswire/ — Ara Partners (“Ara”), a private equity firm that specializes in industrial decarbonization investments, today announced that it has acquired Vacuumschmelze… Continue reading ARA PARTNERS ACQUIRES VACUUMSCHMELZE, LEADING GLOBAL ADVANCED MAGNETIC MATERIALS PRODUCER