Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record
Tag: Strategy
SMMT : 2022 UK car production down but electric vehicle output surges to new record
Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record
SMMT : 2022 UK car production down but electric vehicle output surges to new record
Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record
SMMT : 2022 UK car production down but electric vehicle output surges to new record
Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record
Tesla Will Build Heavy Trucks at a New Factory in Nevada
Tesla will build a factory in northern Nevada that will manufacture electric semi trucks, the company said Tuesday, putting pressure on traditional truck makers like Daimler and Volvo that are just beginning to sell battery-powered vehicles. The factory, along with a new battery plant, will add 3,000 employees at an existing Tesla facility east of… Continue reading Tesla Will Build Heavy Trucks at a New Factory in Nevada
SAP Expands 25-Year Partnership with Lockheed Martin
Lockheed Martin Chooses RISE with SAP as the Secure Solution to Fuel 1LMX Transformation BETHESDA, Md., Jan. 25, 2023 /PRNewswire/ — Lockheed Martin Corporation (NYSE: LMT) and SAP SE (NYSE: SAP) announced today an expansion of their strategic relationship to transform the mission-critical business systems that power Lockheed Martin’s OneLM Transformation Program (1LMX). 1LMX is the industry-leading business… Continue reading SAP Expands 25-Year Partnership with Lockheed Martin
Freightos, a Leading, Vendor-Neutral Booking and Payment Platform for International Freight, Lists on Nasdaq
Raised more than $80 million to fund growth strategy, anticipated to be in excess of cash needed to reach positive cash flow Leader in digitizing global shipping – one of the largest but most traditional industries in the world Freightos facilitates smooth supply chains, following two years of rampant volatility To commence trading tomorrow on… Continue reading Freightos, a Leading, Vendor-Neutral Booking and Payment Platform for International Freight, Lists on Nasdaq
LG gets extension on Holland battery plant expansion as plans with GM stall
LG Energy Solution is getting an extension on formally entering into an agreement with Michigan’s quasi-governmental economic engine to quintuple the size of its Holland electric-vehicle battery plant just days after it first was reported that the company won’t be building a fourth battery plant with General Motors Co. The governing body of the Michigan… Continue reading LG gets extension on Holland battery plant expansion as plans with GM stall
Full Truck Alliance Co. Ltd. Responds to Short-Seller Report
GUIYANG, China, Jan. 25, 2023 /PRNewswire/ — Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today issued the following statement in response to a report issued by J Capital Research USA LLC, a short seller, relating to the Company on January 24, 2023. The Company firmly denies… Continue reading Full Truck Alliance Co. Ltd. Responds to Short-Seller Report
ExchangeRight Completes 10 Full-Cycle Events in 2022 with Returns Ranging from 6.67% to 11.25%
PASADENA, Calif., Jan. 25, 2023 /PRNewswire/ — ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, announced it successfully met or exceeded investor cash flow targets across all offerings in 2022 while completing 10 successful full-cycle events that provided more than 700 investors with profitable, strategic exits. Despite an… Continue reading ExchangeRight Completes 10 Full-Cycle Events in 2022 with Returns Ranging from 6.67% to 11.25%