The BMW Group has partnered with Truong Hai Auto Corporation (THACO) to locally produce BMW vehicles in Vietnam. The co-operation will extend the BMW Group’s production network for vehicles in Asia, which now includes BMW Group plants in India and Thailand, joint venture plants in China, and partner plants in Malaysia, Indonesia and now Vietnam.… Continue reading BMW expands Asia manufacturing footprint to Vietnam
Tag: Strategy
Hyundai Creta cruises past 800,000 sales in less than 8 years
Hyundai Motor India, which reported domestic market sales of 48,003 units in November 2022 and YoY growth of 30% while surpassing the half-a-million units mark in the first 11 months of CY2022, has notched another milestone in the process. The Chennai-based company’s best-selling product – the midsize Creta SUV – has driven past 800,000-unit sales… Continue reading Hyundai Creta cruises past 800,000 sales in less than 8 years
Ozi Amanat’s K2 Global raises $300m to invest in tech startupsThe solo VC is expanding in Singapore and Miami.
K2 Global, the venture capital firm founded by Singapore- and US-based solo venture capitalist Ozi Amanat, has announced raising $300 million in capital commitments to continue investing in technology startups. The venture firm, founded in 2015, said it will invest in fintech, food tech, consumer tech, deep tech, machine learning, and artificial intelligence startups. It… Continue reading Ozi Amanat’s K2 Global raises $300m to invest in tech startupsThe solo VC is expanding in Singapore and Miami.
Tier-owned Spin exits 10 US markets amid low demand, unfavorable city regulations
Micromobility operator Spin is leaving 10 U.S. markets due to a combination of low demand, over-regulation, under-regulation and poor cost structures, according to a company-wide email sent Friday by Philip Reinckens, Spin’s CEO, that was shared with TechCrunch. Reinckens said the market exits would help Spin cut costs and focus on growing markets that provide… Continue reading Tier-owned Spin exits 10 US markets amid low demand, unfavorable city regulations
Ansys Announces GlobalFoundries Certification of Semiconductor Tools for GF 22FDX® Platform
Foundry certification enables GF 22FDX customers to validate their chip designs’ power integrity and reliability with Ansys golden signoff tools / Key Highlights Ansys® RedHawk-SC™, Ansys® RaptorH™ and Ansys® HFSS™ certified as signoff solutions for GF’s flagship 22FDX platform Chip designers rely on the predictive accuracy of Ansys’ industry-leading signoff tools to reduce the cost… Continue reading Ansys Announces GlobalFoundries Certification of Semiconductor Tools for GF 22FDX® Platform
Ford CEO reveals two of three Ford dealers buy in to all-electric strategy
Ford Motor Co. has secured commitments from two of every three dealers who plan to go all-in on selling electric vehicles, CEO Jim Farley revealed during an interview Monday afternoon. Of the estimated 3,000 Ford dealers in the U.S., 1,920 have enrolled in the voluntary Model e Program for the initial 2024 to 2026 period,… Continue reading Ford CEO reveals two of three Ford dealers buy in to all-electric strategy
@Ford: Dianne Craig
Dianne Craig is president of Lincoln, effective Dec. 1, 2022, responsible for growing Lincoln as a world-class, luxury brand and leading its transformation towards a fully electrified future. Craig oversees Lincoln operations globally, including product development, marketing and sales and service. She reports to Jim Farley, Ford president and CEO. With a more than 30-year… Continue reading @Ford: Dianne Craig
Bosch eBike Systems sets new benchmarks in battery safety
Bosch eBike Systems is shaping the future of eBike mobility with innovative products and digital services ranging from highly efficient drive systems to the first production-ready ABS for eBikes and Connected Biking solutions. On the daily routes through the city, on leisurely rides through the countryside or for sporting adventures in the mountains: Bosch eBike… Continue reading Bosch eBike Systems sets new benchmarks in battery safety
@Daimler: Electrified camping in the new Small Van from Mercedes-Benz celebrates its premiere
The key information at a glance Mercedes-Benz Vans has firmly anchored its leadership aspirations for electric mobility in its strategy and is systematically electrifying all model series. This includes a range of industry-specific electric mobility solutions – also for the camper van industry. With the Concept EQT Marco Polo1 the brand with the star is… Continue reading @Daimler: Electrified camping in the new Small Van from Mercedes-Benz celebrates its premiere
@Daimler: Electrified camping in the new Small Van from Mercedes-Benz celebrates its premiere
The key information at a glance Mercedes-Benz Vans has firmly anchored its leadership aspirations for electric mobility in its strategy and is systematically electrifying all model series. This includes a range of industry-specific electric mobility solutions – also for the camper van industry. With the Concept EQT Marco Polo1 the brand with the star is… Continue reading @Daimler: Electrified camping in the new Small Van from Mercedes-Benz celebrates its premiere