Tesla Falls on Plan to Cut Output of EVs at Shanghai Factory

(Bloomberg) — Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. The company’s shares fell in early trading. Most Read from Bloomberg The output cuts will take effect as soon as this week, said the people, who… Continue reading Tesla Falls on Plan to Cut Output of EVs at Shanghai Factory

HRH Prince Mohammed bin Salman announces Sindalah, NEOM’s first island development

NEOM, Saudi Arabia, Dec. 5, 2022 /PRNewswire/ — His Royal Highness Mohammed bin Salman, Crown Prince, Prime Minister and Chairman of the NEOM Company Board of Directors, has announced the development of Sindalah, the first luxury island destination in NEOM and one of the most important projects supporting Saudi Arabia’s national tourism strategy. Continue Reading Sindalah,… Continue reading HRH Prince Mohammed bin Salman announces Sindalah, NEOM’s first island development

Loft Dynamics, Formerly VRM Switzerland, Raises $20M to Transform Virtual Reality Pilot Training

First-of-its-kind Technology Addresses Worldwide Pilot Shortage, Escalating Demand for Flight Schools and Urgent Need to Reduce Air Pollution ZURICH and SAN FRANCISCO, Dec. 5, 2022 /PRNewswire/ — Loft Dynamics AG, creator of the world’s first and only virtual reality (VR) simulator authorized by a major aviation regulator, today announced it has re-branded and raised $20M… Continue reading Loft Dynamics, Formerly VRM Switzerland, Raises $20M to Transform Virtual Reality Pilot Training

GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy

BAODING, China, Dec. 2, 2022 /PRNewswire/ — On December 2, GWM held its 2022 overseas conference titled ONE GWM • LIGHT THE WORLD in Bangkok, Thailand. GWM revealed the global brand building and product layout, and further clarified its brand strategy. Over 200 distributors from more than 50 countries and regions attended the event, such as… Continue reading GWM Holds 2022 Overseas Conference, Revealing Latest Global Strategy

Geely-Proton: READ MORE000060

5 Dec 2022 PROTON PRODUCES 10,000th 1.5 TGDI ENGINE AT TANJUNG MALIM – Milestone achieved just seven short months since production started in April – 126,682 units sold pushes YTD November sales to a near nine-year peak Subang Jaya, 5 December 2022 – National automotive brand PROTON recently celebrated the production of the 10,000th 1.5 TGDI engine… Continue reading Geely-Proton: READ MORE000060

German Handelsblatt: Auto industry: Blume’s liberation – The VW boss collects the software strategy and reorganizes the group005730

VW boss Oliver Blume Blume replaced Herbert Diess at the top of VW at the beginning of September (Photo: dpa) The CEO of the car manufacturer VW, Oliver Blume, is preparing a reorganization of the company architecture. The core should be a new software strategy that should keep the group fit for the future. Blume… Continue reading German Handelsblatt: Auto industry: Blume’s liberation – The VW boss collects the software strategy and reorganizes the group005730

Give a Gift of Gambling This Christmas? TransMedia Group to Show How Giving ‘PromoGuy’ Will Coach Recipients to Make Quick Bucks Making the Right Bets

BOCA RATON, Fla., Dec. 5, 2022 /PRNewswire/ — PromoGuy has retained TransMedia Group to build brand awareness of its unique skills in making the right bets on sporting events and coaching subscribers to make quick bucks betting on winners. TransMedia to publicize how PromoGuy coaches subscribers to take advantage of signup bonuses, odds boosts, promos and… Continue reading Give a Gift of Gambling This Christmas? TransMedia Group to Show How Giving ‘PromoGuy’ Will Coach Recipients to Make Quick Bucks Making the Right Bets

ALUMINIUM CHINA Announces ALU connect, a One-Stop Online B2B Marketplace that Helps Global Buyers Procure Premium Aluminium Products from China

BEIJING, Dec. 5, 2022 /PRNewswire/ — ALUMINIUM CHINA, an all-in-one annual tradeshow for the entire aluminium industry chains organized by RX Greater China, has announced the launch of ALU connect, an online B2B marketplace and supply chain platform for aluminum products, processing equipment and auxiliary materials. Designed to create a space to help global buyers… Continue reading ALUMINIUM CHINA Announces ALU connect, a One-Stop Online B2B Marketplace that Helps Global Buyers Procure Premium Aluminium Products from China

Satyajit Chaubal Joins Sharp Manufacturing Company of America as Senior Vice President

Chaubal to oversee the Sharp home appliance manufacturing facility in Memphis, TN MONTVALE, N.J., Dec. 5, 2022 /PRNewswire/ — Sharp Home Electronics Company of America (SHCA), a division of Sharp Electronics Corporation (SEC), is pleased to welcome Satyajit Chaubal as Senior Vice President of Sharp Manufacturing Company of America (SMCA), succeeding Mike Kelly who recently… Continue reading Satyajit Chaubal Joins Sharp Manufacturing Company of America as Senior Vice President

Portable Electric Vehicle Charger Global Market Report 2022: Range Anxiety, Fueled by a Lack of Infrastructure, Drives Demand

DUBLIN, Dec. 5, 2022  /PRNewswire/ — The “Portable Electric Vehicle Charger Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Product Type (AC Charger, DC Charger), By Vehicle Type (Two-Wheeler, Passenger Car, Commercial Vehicle) and By Region” report has been added to  ResearchAndMarkets.com’s offering. The global portable electric vehicle charger market is projected… Continue reading Portable Electric Vehicle Charger Global Market Report 2022: Range Anxiety, Fueled by a Lack of Infrastructure, Drives Demand