Hyundai Motor Group has announced its plan to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America. The total investment amount for the joint… Continue reading Hyundai Motor Group and SK On to set up EV battery cell plant in the US
Tag: Strategy
Hyundai Motor Group and SK On to set up EV battery cell plant in the US
Hyundai Motor Group has announced its plan to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America. The total investment amount for the joint… Continue reading Hyundai Motor Group and SK On to set up EV battery cell plant in the US
Hyundai Motor Group and SK On to set up EV battery cell plant in the US
Hyundai Motor Group has announced its plan to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. In November 2022, the Group signed a memorandum of understanding (MOU) with SK On to secure EV battery supply for North America. The total investment amount for the joint… Continue reading Hyundai Motor Group and SK On to set up EV battery cell plant in the US
Kia global sales rise 12% to 768,251 units in Q1 2023, India share 10%
Kia Corporation has announced global sales of 768,251 units in the 2023 first-quarter (January-March 2023), up 12% year on year (Q1 2022: 685,738 units). Quarterly revenue was KRW 23.69 trillion with an operating profit of KRW 2.87 trillion, an increase of 29.1% and 78.9% respectively. Kia also recorded a net profit of KRW 2.12 trillion,… Continue reading Kia global sales rise 12% to 768,251 units in Q1 2023, India share 10%
Australian sovereign wealth fund eyes small cap equities
Australia’s sovereign wealth fund, the Future Fund, is looking to buy small cap equities for the first time as traditional investments like blue chip firms and real estate are no longer safe, the CEO said on Thursday. Raphael Arndt said investments like office buildings or shopping centres offer less safety, and a large cap company… Continue reading Australian sovereign wealth fund eyes small cap equities
“We want to invest in Britain.” Unipart Chairman calls for UK industrial strategy
OXFORD, England, April 26, 2023 /PRNewswire/ — The Government needs to give UK companies a clear picture of Britain’s industrial strategy to compete in global markets to build investment confidence. That’s the view of Unipart Chairman John Neill in an interview with the BBC today. Neill was responding to concerns that the US Inflation Reduction… Continue reading “We want to invest in Britain.” Unipart Chairman calls for UK industrial strategy
Optical Transceiver Market size to grow by USD 7,372.73 million from 2022 to 2027, Strategic collaboration among supply chain members to drive market growth – Technavio
NEW YORK, April 26, 2023 /PRNewswire/ — Technavio has been monitoring the optical transceiver market, and it is expected to grow by USD 7,372.73 million from 2022 to 2027. As per the latest report, the market will progress at a CAGR of 14.22% during the forecast period. This report aid business leaders with an up-to-date analysis… Continue reading Optical Transceiver Market size to grow by USD 7,372.73 million from 2022 to 2027, Strategic collaboration among supply chain members to drive market growth – Technavio
International network Eurotranspharma continues to expand by strengthening its presence in Eastern Europe
PARIS, April 25, 2023 /PRNewswire/ — Eurotranspharma, the European GDP specialist in last mile transport of healthcare products, announces the expansion of its activities in Eastern Europe through the acquisition of Alex International Transport, the leader in last mile GDP pharmaceutical transport in Romania. The company, established since 1994, distributes healthcare products throughout Romania and… Continue reading International network Eurotranspharma continues to expand by strengthening its presence in Eastern Europe
Jetour Shines at 2023 Shanghai Auto Show with Its Latest Achievements, Kicking Off an Accelerated Pace for Its Overseas Expansion
WUHU, China, April 25, 2023 /PRNewswire/ — The 2023 Shanghai Auto Show is open now from April 18 to 27, 2023. The Chinese up-and-coming SUV brand Jetour Auto is showcasing multiple models including the DASHING i-DM, T2, T3 concept cars, and holds an international press conference. More than 200 partners and media from the Middle… Continue reading Jetour Shines at 2023 Shanghai Auto Show with Its Latest Achievements, Kicking Off an Accelerated Pace for Its Overseas Expansion
Marina Bay Sands ushers in a new era of luxury hospitality
Celebrating 13 years with the launch of distinctively designed newly renovated rooms, as well as new partnerships for the Bay SINGAPORE, April 26, 2023 /PRNewswire/ — Marina Bay Sands’ US$1 billion reinvestment programme – its most ambitious to date since opening in 2010 – reached a critical milestone this week with the completion of over… Continue reading Marina Bay Sands ushers in a new era of luxury hospitality