U.S. Air Force Awards Electra Strategic Funding Partnership Valued up to $85M to Develop Full-Scale Pre-Production eSTOL Aircraft

MANASSAS, Va., Jan. 26, 2023 /PRNewswire/ — Electra.aero, Inc. (“Electra”), a next-gen aerospace company with a mission to help decarbonize aviation and open new air transportation markets, today announced its selection by the U.S. Air Force AFWERX innovation arm for a Strategic Funding Increase (STRATFI) award that secures up to $85 million between private investments,… Continue reading U.S. Air Force Awards Electra Strategic Funding Partnership Valued up to $85M to Develop Full-Scale Pre-Production eSTOL Aircraft

Driven Brands elevates Danny Rivera to newly created Chief Operating Officer role

CHARLOTTE, N.C., Jan. 26, 2023 /PRNewswire/ — Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”), the largest automotive services company in North America, today announced the appointment of Danny Rivera to the newly-created role of Chief Operating Officer effective February 20, 2023, reporting to Chief Executive Officer Jonathan Fitzpatrick. Driven Brands is… Continue reading Driven Brands elevates Danny Rivera to newly created Chief Operating Officer role

Toyota names Lexus chief Koji Sato CEO as Akio Toyoda takes chairman role

Koji Sato, a 53-year-old who is also president of Toyota’s luxury brand Lexus, will become the new CEO, the company said. Toyota Motor Corp said on Thursday that Akio Toyoda would step down as president and chief executive and hand over the helm of Japan’s largest automaker at a time when the company faces the… Continue reading Toyota names Lexus chief Koji Sato CEO as Akio Toyoda takes chairman role

Schwing Stetter India celebrates 25th anniversary with new logo

Concreting and construction equipment manufacturer Schwing Stetter India today unveiled its silver jubilee logo and tagline to celebrate the milestone of turning 25 years in India in 2023.  The unveiling took place at its corporate headquarters and works at Sriperumbudur, Tamil Nadu, in the presence of the company’s employees and partners. V G Sakthikumar, Managing… Continue reading Schwing Stetter India celebrates 25th anniversary with new logo

@BMW: Distributing EV Charging Software Globally from Day One: Our Lead Investment in AMPECO002499

We are incredibly excited to announce that BMW i Ventures has led the $13M Series A round of AMPECO, an EV charging management platform. We are joining our friends from Launchub and Cavalry, who invested in the $3M seed round earlier. AMPECO offers an all-in-one whitelabel solution to manage a network of charging stations in… Continue reading @BMW: Distributing EV Charging Software Globally from Day One: Our Lead Investment in AMPECO002499

@BMW: BMW Group once again reduces CO2 emissions across vehicle fleet in 2022002500

Munich. The BMW Group continued to systematically reduce its emissions and, based on preliminary internal calculations, lowered its EU fleet-wide CO2 emissions by more than nine percent from 2021 to 2022. With emissions of 105 grams per kilometre, according to WLTP (2021: 115.9 grams per kilometre), based on preliminary calculations for 2022, the company once… Continue reading @BMW: BMW Group once again reduces CO2 emissions across vehicle fleet in 2022002500

@BMW: BMW Group’s cloud strategy RISEs to new levels with SAP partnership.002499

Munich/Walldorf. The BMW Group will intensify its far-reaching strategic partnership with SAP SE. The aim is to significantly accelerate the digital transformation of the company. This was sealed by both companies on 25 January 2023. The premium manufacturer is building on its cloud strategy to digitalize faster, more comprehensively and more efficiently in the future.… Continue reading @BMW: BMW Group’s cloud strategy RISEs to new levels with SAP partnership.002499

Princeton TMX Follows Recent Strategic Transaction with Key Additions to Leadership

Ned Stringham (Board), Amy Steadman (CFO), and Erica Hines (Director of Client Onboarding) join the Company to Help Build the Market Leading TMS for Industrial Shippers FORT WAYNE, Ind., Jan. 26, 2023 /PRNewswire/ — Princeton TMX, LLC (“Princeton TMX” or the “Company”), an industrial shipping solutions provider, announced today that Ned Stringham, a distinguished software… Continue reading Princeton TMX Follows Recent Strategic Transaction with Key Additions to Leadership

VEHICLES STOLEN WITH KEYS LEFT INSIDE ON THE RISE

National Insurance Crime Bureau, Rocky Mountain Insurance Association Warn Drivers: “Puffing” Cars an Easy Target for Thieves DES PLAINES, Ill., Jan. 26, 2023 /PRNewswire/ — Winter weather ushers in “Puffing Season” across much of the U.S., and the National Insurance Crime Bureau (NICB) encourages vehicle owners to think twice before leaving their vehicles running unattended. The… Continue reading VEHICLES STOLEN WITH KEYS LEFT INSIDE ON THE RISE

EL CAR WASH ACQUIRES BILL’S CAR WASH EXPANDING FOOTPRINT TO ORLANDO

MIAMI, Jan. 26, 2023 /PRNewswire/ — El Car Wash (“ECW”), the largest and fastest growing high-end express car wash operator in Florida has expanded into Brevard County and the Greater Orlando market with the acquisition of the three Bill’s Car Wash locations. Following the acquisition, El Car Wash operates 25 locations with an additional 25+… Continue reading EL CAR WASH ACQUIRES BILL’S CAR WASH EXPANDING FOOTPRINT TO ORLANDO