Strategy – Page 6918 – I wish I had more to offer

Batteries highly recyclable, should be seen as resource

In fact, ensuring supply of critical materials and price stability has become a matter of energy security strategy. As electric vehicle (EV) sales grow globally, automakers have pivoted to electric heavy strategies. This trend has turned the spotlight on the potential shortages of critical materials – especially battery raw materials – essential for the transition.… Continue reading Batteries highly recyclable, should be seen as resource

Faraday Future shares soar on securing funding to start EV production

The company plans to hold an investor meeting on Feb. 28 to vote on a proposal for increasing its outstanding stock, which it said will allow for future financing to support deliveries. Shares of Faraday Future Intelligent Electric Inc soared about 28% in premarket trading on Monday after the company said it had raised enough… Continue reading Faraday Future shares soar on securing funding to start EV production

ZIM Upgrades its Asia-US East Coast ZXB Service

The Upgraded Premium Weekly Service Expands Port Coverage and Introduces New Connections HAIFA, Israel, Feb. 6, 2023 /PRNewswire/ — ZIM Integrated Shipping Services Ltd. announced today that its ZXB service will undergo a significant restructuring, with a new and improved rotation. Starting from late February, the ZXB weekly rotation will be: Jakarta – Laem Chabang– Cai Mep… Continue reading ZIM Upgrades its Asia-US East Coast ZXB Service

ECARX and SiEngine to Collaborate with FAW on Digital Cockpit Platform Leveraging SiEngine’s SE1000

LONDON, Feb. 6, 2023 /PRNewswire/ — ECARX (Nasdaq: ECX), a global mobility tech provider, and SiEngine[1], a leading automotive semiconductor company and investee of ECARX, have established a strategic collaboration with FAW, a leading automaker in China, to work on the development of world-leading high-performance digital cockpits based on the SE1000 System-on-the-Chip (SoC) from SiEngine. The… Continue reading ECARX and SiEngine to Collaborate with FAW on Digital Cockpit Platform Leveraging SiEngine’s SE1000

The Operating Revenue of GWM in 2022 Exceeds CNY 137.3 Billion

BAODING, China, Feb. 6, 2023 /PRNewswire/ — On February 2, GWM released Preliminary Earnings Estimate of 2022: GWM achieved a record high in the operating revenue. With the 137.351 billion CNY in 2022, it has exceeded 100 billion CNY for the fourth year, while the 8.279 billion CNY of the net income attributable to shareholders… Continue reading The Operating Revenue of GWM in 2022 Exceeds CNY 137.3 Billion

Scientists Alarmed by Video of Deep Sea Mining Company Spewing Waste Into Ocean

“We’re only seeing the tip of the iceberg. We’re not getting transparency.” Sea-ing is Believing A group of scientists hired by a Canadian firm to monitor its deep sea mining operations was so alarmed by the firm’s careless discharging of sediments into the ocean, The Guardian reports, they covertly recorded the dumping and leaked it… Continue reading Scientists Alarmed by Video of Deep Sea Mining Company Spewing Waste Into Ocean

Elon Musk’s Twitter Is Reportedly Failing Miserably to Contain Horrific Child Abuse Content

After declaring that “removing child exploitation is priority #1” back in November, Twitter’s newly-minted CEO Elon Musk is reportedly yet again not doing much in terms of living up to his many promises. As The New York Times spotlights in a shocking new report, child abuse content is running rampant on the social media network. According… Continue reading Elon Musk’s Twitter Is Reportedly Failing Miserably to Contain Horrific Child Abuse Content

EV maker VinFast downsizes in US, Canada

Vietnamese electric vehicle maker VinFast is cutting jobs in the United States and Canada as part of a restructuring that will merge operations across the two countries. The restructuring comes as VinFast prepares to enter the U.S. public market and delays deliveries to its first customers in the country. VinFast has not shared how many… Continue reading EV maker VinFast downsizes in US, Canada

ZIM Upgrades its Asia-US East Coast ZXB Service

BGL Welcomes Craig M. Decker as Managing Director within Business & Industrial Services

NEW YORK, Feb. 6, 2023 /PRNewswire/ — Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the addition of Craig M. Decker as a new Managing Director within its Services vertical. Craig, who has over 20 years of experience in M&A advisory and capital markets transactions spanning… Continue reading BGL Welcomes Craig M. Decker as Managing Director within Business & Industrial Services