Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

For the second consecutive year, Hyundai Mobis will grace IAA Mobility in Munich, highlighting pioneering solutions anchored in electrification Spotlight on the groundbreaking technologies powering Kia’s flagship electric vehicle, the EV9, and introduction of the transformative electrification platform, e-CCPM With a European order target of $1.29 billion, representing a quarter of the company’s global revenue… Continue reading Hyundai Mobis Unveils the Future of Electrification at IAA Mobility 2023

EMKOO, GS3 EMZOOM, Officially Released in Saudi Arabia

GUANGZHOU, China, Aug. 24, 2023 /PRNewswire/ — GAC MOTOR is firing on all cylinders in the Middle East, rapidly expanding their product matrix in the region with a double release of award-winning models in Saudi Arabia. On August 16 at the Crowne Plaza RDC Riyadh, an invitational launch party celebrated the Saudi Arabia release of… Continue reading EMKOO, GS3 EMZOOM, Officially Released in Saudi Arabia

US Joint All Domain Command and Control (JADC2) Market worth $8.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 23, 2023 /PRNewswire/ — The US JADC2 Market is estimated to be USD 1.2 billion in 2023 and is projected to reach USD 8.6 billion by 2030, at a CAGR of 31.7 % during the forecast period according to a new report by MarketsandMarkets™. The Joint All Domain Command and Control (JADC2) market… Continue reading US Joint All Domain Command and Control (JADC2) Market worth $8.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

The EU Will Import Over 1 Million EVs From China in 2030, Creating both Threat and Opportunity for European OEMs

LONDON, Aug. 23, 2023 /PRNewswire/ — China’s world-leading Electric Vehicle (EV) industry is pushing into Europe. According to a new report from global technology intelligence firm ABI Research, in 2030, 1.2 million Chinese-made Battery Electric Vehicles (BEVs) will be imported by the European Union (EU), making up 12% of the bloc’s BEV sales. Chinese brands… Continue reading The EU Will Import Over 1 Million EVs From China in 2030, Creating both Threat and Opportunity for European OEMs

WIN SOURCE and Supplyframe Forge Strategic Asia Partnership at 2023 Electronica China

WIN SOURCE scores historic rise to No. 18 in SourceToday’s Global Top 50 Electronics Distributors List SHANGHAI, Aug. 23, 2023 /PRNewswire/ — On the second day of 2023 Electronica China, WIN SOURCE reached a significant vendor achievement on the 2023 Global Top 50 Electronics Distributors list, earning the number 18 position on the list. Continue… Continue reading WIN SOURCE and Supplyframe Forge Strategic Asia Partnership at 2023 Electronica China

Truck Market size in Vietnam to grow by 41,610 units between 2021-2026|The rise in industrialization and urbanization drives market – Technavio

NEW YORK, Aug. 25, 2023 /PRNewswire/ — The Truck Market Size in Vietnam is expected to grow by 41,610 units at a CAGR of 7.43% from 2021 to 2026, as per the latest report by Technavio. The report covers the truck market segmentation in Vietnam by type (domestic and imported) and tonnage (less than 10 T and… Continue reading Truck Market size in Vietnam to grow by 41,610 units between 2021-2026|The rise in industrialization and urbanization drives market – Technavio

UAW and GM’s joint venture reach a tentative deal that gives battery workers a wage hike

The United Auto Workers and Ultium Cells LLC have reached a tentative agreement on wages at the battery cell plant in northeast Ohio that would provide an immediate, across-the-board wage increase and back pay for those who qualify, if the hourly workforce ratifies it. Ultium Cells is the joint venture owned by General Motors and… Continue reading UAW and GM’s joint venture reach a tentative deal that gives battery workers a wage hike

Uber, squeezed by insurance, increases minimum age for new drivers in California

Uber has raised the minimum age requirement for new rides-hailing drivers in California to 25 years old due to what it described as “baselessly higher” commercial insurance costs in the state. The new policy will only apply to new drivers planning to use the rideshare platform. Those who plan to use the app to make… Continue reading Uber, squeezed by insurance, increases minimum age for new drivers in California

ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store

The ThroughPut.ai SKU Rationalization solution optimizes product mix to rapidly and continuously accelerate free cash flow, as well as margins to enable an undeniably significant, positive impact on the bottom line. PALO ALTO, Calif., Aug. 24, 2023 /PRNewswire/ — ThroughPut Inc., the industrial AI supply chain pioneer, today announced that its ThroughPut.ai SKU Rationalization solution… Continue reading ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store

Boom Supersonic Advances Flight Preparations for XB-1

Key milestones completed as world’s first independently developed supersonic jet progresses towards first flight DENVER, Aug. 24, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, Overture, today announced it has completed several key milestones for XB-1, Boom’s technology demonstrator aircraft. XB-1 leverages 60 years of progress in airplane technologies like carbon… Continue reading Boom Supersonic Advances Flight Preparations for XB-1