Suzuki Motor to launch six EVs in India by 2030, expects EVs and Hybrids to account for 40 percent of its total sales Suzuki Motor Corporation, the small car specialist has committed to an investment of 4.5 trillion yen or Rs 2.82 lakh crore till the end of the decade with an aim of doubling… Continue reading Suzuki Motor to launch six EVs in India by 2030, expects EVs and Hybrids to account for 40 percent of its total sales
Tag: Strategy
Hospitality Focused Private Equity Firm Acquires Hampton Inn – Downtown Cleveland
Spark GHC Expands Real Estate Portfolio with Ohio-Based Hotel Acquisition CLEVELAND, Jan. 26, 2023 /PRNewswire/ — Spark GHC, a private real estate joint venture focused on hospitality assets in the U.S. Midwest, has acquired the Hampton Inn by Hilton – Downtown Cleveland. The acquisition provides a strong footprint for the joint venture in the Downtown… Continue reading Hospitality Focused Private Equity Firm Acquires Hampton Inn – Downtown Cleveland
PURECARS LAUNCHES EXCLUSIVE SPOTIFY ADVERTISING PROGRAM FOR DEALERS
ATLANTA, Jan. 26, 2023 /PRNewswire/ — PureCars, the leading provider of digital marketing technology and services for automotive dealers, announced today the official launch of streaming audio advertising services through Spotify. As part of this strategic collaboration, Spotify Advertising is now available in PureCars’ product suite, making it simple for its clients across North America… Continue reading PURECARS LAUNCHES EXCLUSIVE SPOTIFY ADVERTISING PROGRAM FOR DEALERS
SCOA Sponsors Syzygy Plasmonics’ Pilot Program to Demonstrate Sustainable Fuels Production System
NEW YORK, Jan. 26, 2023 /PRNewswire/ — Sumitomo Corporation of Americas (SCOA) announced today its participation as a sponsor for Syzygy Plasmonics’ pilot program with the nonprofit research institute RTI International, to demonstrate sustainable fuel production at the RTI facility in Research Triangle Park, North Carolina, USA. The new technology has the potential to help… Continue reading SCOA Sponsors Syzygy Plasmonics’ Pilot Program to Demonstrate Sustainable Fuels Production System
BETMGM BUSINESS UPDATE: FY22 NET REVENUE FROM OPERATIONS OF $1.44 BILLION, AHEAD OF EXPECTATIONS¹
BetMGM expected to be EBITDA positive in the Second Half of 2023 JERSEY CITY, N.J., Jan. 26, 2023 /PRNewswire/ — BetMGM, one of the leading sports betting and iGaming operators in North America, jointly owned by MGM Resorts International (NYSE: MGM) (“MGM Resorts”) and Entain plc (LSE: ENT) (“Entain”), is today providing an update on… Continue reading BETMGM BUSINESS UPDATE: FY22 NET REVENUE FROM OPERATIONS OF $1.44 BILLION, AHEAD OF EXPECTATIONS¹
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