Hyundai Motor Company unveiled its mid- to long-term business strategies and financial plans at the ‘2023 CEO Investor Day’ in Seoul held on June 20. With the aim of actively leveraging its knowledge and heritage of innovation from internal combustion engine (ICE) vehicles, the Korean automaker is committed to a successful transition to the electrification… Continue reading Hyundai Motor Group increases annual EV sales target by 2030 to 2 million units
Tag: Strategy
Hyundai Motor Group increases annual EV sales target by 2030 to 2 million units
Hyundai Motor Company unveiled its mid- to long-term business strategies and financial plans at the ‘2023 CEO Investor Day’ in Seoul held on June 20. With the aim of actively leveraging its knowledge and heritage of innovation from internal combustion engine (ICE) vehicles, the Korean automaker is committed to a successful transition to the electrification… Continue reading Hyundai Motor Group increases annual EV sales target by 2030 to 2 million units
Pratt & Whitney Secures EngineWise® Maintenance Agreement with Condor
PARIS, June 21, 2023 /PRNewswire/ — PARIS AIR SHOW — Pratt & Whitney, an RTX business, today announced that Condor Flugdienst GmbH (“Condor”) has signed an EngineWise Maintenance long-term agreement for their fleet of 41 GTF-powered Airbus A320neo family aircraft, made up of 13 A320neo and 28 A321neo aircraft. Continue Reading From L to R:… Continue reading Pratt & Whitney Secures EngineWise® Maintenance Agreement with Condor
Saudi Arabia’s strategic plans to safeguard food security for pilgrims
MECCA, Saudi Arabia, June 19, 2023 /PRNewswire/ — Saudi Arabia has successfully managed to achieve an excellent status in the framework of realizing self-sufficiency for several necessary food products before taking up the task of securing food for millions of visiting pilgrims coming… Go to Source
Avalon Completes Purchase of Industrial Site in Thunder Bay as Key Next Step in Becoming Ontario’s First Vertically Integrated Lithium Producer
TORONTO, June 19, 2023 /PRNewswire/ – As part of its strategic transformation to become a vertically integrated lithium producer, Avalon Advanced Materials Inc. (TSX: AVL) and (OTCQB: AVLNF) (“Avalon” or the “Company”) is pleased to announce the successful acquisition of an industrial… Go to Source
US Senate is the latest to look into Amazon’s warehouse safety practices
Sen. Bernie Sanders savaged the company’s worker safety protections in a nearly 2,400-word letter. A US Senate committee is investigating Amazon’s warehouse safety practices. Bernie Sanders (I-VT), Chair of the Senate Health, Education, Labor and Pensions (HELP) Committee, sent a letter to Amazon CEO Andy Jassy today, initiating the probe. Sanders urged Jassy to address… Continue reading US Senate is the latest to look into Amazon’s warehouse safety practices
Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly
Major aerospace supplier will scale its rate-enabling manufacturing processes for Advanced Air Mobility industry PARIS, June 19, 2023 /PRNewswire/ — Supernal LLC (the Company) and Qarbon Aerospace, Inc. announced today a partnership to mature component welding techniques for future scaled production of electric vertical takeoff and landing (eVTOL) vehicles. This marks the first of two agreements… Continue reading Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly
RIYADH AIR – NEW NATIONAL CARRIER FROM ARABIA ARRIVES IN PARIS TO SHOW THE WORLD THE FUTURE OF FLIGHT
PARIS, June 19, 2023 /PRNewswire/ — A new chapter in travel has arrived on the global stage with the world class, digitally-led airline Riyadh Air, making its international debut at the 54th bi-annual Paris Air Show. The Boeing 787-9 Dreamliner adorned with Riyadh Air’s unique livery touched down after a stunning fly-over the city of Riyadh for… Continue reading RIYADH AIR – NEW NATIONAL CARRIER FROM ARABIA ARRIVES IN PARIS TO SHOW THE WORLD THE FUTURE OF FLIGHT
Hyundai raises EV investment to $28b, to reduce China operations
Hyundai Motor will raise average annual investment in electrification by nearly two-thirds, spending $28 billion in the next decade, and further restructure its struggling China business as part of a strategy to boost electric vehicle (EV) sales. In its annual investor day on Tuesday, the South Korean automaker, the world’s No. 3 auto group by… Continue reading Hyundai raises EV investment to $28b, to reduce China operations
Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform
PARIS, June 20, 2023 /PRNewswire/ — Lockheed Martin, Korea Aerospace Industries and Red 6 today announced they have begun developing engineering solutions and a technology roadmap to establish an implementation path for Red 6’s Advanced Tactical Augmented Reality System (ATARS), into the T-50 platform and associated ground-based training systems. Initial technology integration includes a T-50… Continue reading Lockheed Martin, Korea Aerospace Industries & Red 6 Announce Initial Augmented Reality Integration Work for T-50 Platform