MaC Venture Capital, Autotech Ventures, and Avanta Ventures invest in startup pioneering new solutions addressing market volatility-related financial exposure in auto WASHINGTON, July 26, 2023 /PRNewswire/ — Financial innovation platform Exponential Exchange today announced the successful close of an oversubscribed $7.4 million seed funding round led by MaC Venture Capital to continue building a suite of… Continue reading EXPONENTIAL EXCHANGE CLOSES $7.4M SEED ROUND TO FUND FURTHER DEVELOPMENT OF RISK MITIGATION TOOLS FOR THE AUTOMOTIVE ECOSYSTEM
Tag: Strategy
Royal Air Maroc Appoints 5WPR and HOW as PR and Digital Agencies of Record
The new partnership further solidifies 5W’s position as a premier travel and tourism agency and expands HOW’s digital capabilities in the travel space NEW YORK, July 26, 2023 /PRNewswire/ — 5W Public Relations, one of the largest independently-owned PR firms in the U.S., in collaboration with HOW, announces today it has been selected as the public… Continue reading Royal Air Maroc Appoints 5WPR and HOW as PR and Digital Agencies of Record
Fresh2 Group Ltd. Appoints New Chief Strategy Officer to Drive Advancement and Execution of Long-Term Growth Strategy
NEW YORK, July 26, 2023 /PRNewswire/ — Fresh2 Group Ltd., formerly AnPac Bio-Medical Science Co., Ltd. (NASDAQ: FRES) (“Fresh2,” the “Company” or “we”), a company with operations in the United States and China focused on the business-to-business e-commerce and supply chain sectors for the restaurant supply and food industry and on early cancer screening and… Continue reading Fresh2 Group Ltd. Appoints New Chief Strategy Officer to Drive Advancement and Execution of Long-Term Growth Strategy
Stellantis CEO says Tesla margins hurt as EV maker faces reality check
Stellantis, the world’s third largest carmaker by sales, announced a rise in its revenue and operating profit for the first half of this year, above estimates, with a margin on adjusted EBIT almost unchanged at 14.4%. Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival U.S. automaker… Continue reading Stellantis CEO says Tesla margins hurt as EV maker faces reality check
Porsche seeking investors, gigafactory site for Cellforce
Porsche AG announces plans for a 10-20 GWh battery factory and seeks investors for expansion, aiming to solidify its position in the electric vehicle market. Porsche AG has taken full control of high-performance battery maker Cellforce Group and is seeking a location for a 10-20 gigawatt-hour factory and new investors, the luxury automaker said on… Continue reading Porsche seeking investors, gigafactory site for Cellforce
German Handelsblatt: Bosch, Continental, ZF: China’s auto industry is an opportunity for suppliers007337
Auf eines konnten sich die deutschen Autozulieferer immer verlassen: die technologische Spitzenstellung ihrer wichtigsten Abnehmer. Vom Antiblockiersystem ABS bis zur elektronischen Motorsteuerung – stets waren BMW, Mercedes und der VW-Konzern die Ersten in der Branche. Doch das ist offenbar vorbei.„Chinesische Autohersteller sind bei einer hohen Entwicklungsgeschwindigkeit gleichzeitig extrem technologieaffin und setzen neue Technologien früher ein… Continue reading German Handelsblatt: Bosch, Continental, ZF: China’s auto industry is an opportunity for suppliers007337
@Renault: RENAULT GROUP: Renault and Nissan conclude definitive agreements000520
20230726_Press Release_Alliance Definitive Agreement Renault and Nissan conclude definitive agreements PARIS and YOKOHAMA (July 26, 2023) – Renault Group and Nissan Motor Co., Ltd today announced that they have entered into the definitive agreements contemplated by the binding framework agreement executed and announced on February 6, 2023. The transactions contemplated in these definitive agreements are… Continue reading @Renault: RENAULT GROUP: Renault and Nissan conclude definitive agreements000520
German Handelsblatt: Sports cars: Porsche increases profits significantly – but the electric offensive stalls007335
Porsche Taycan Der Absatz des einzigen reinen Elektrosportwagens von Porsche ist rückläufig. (Foto: IMAGO/ZUMA Wire) Der Erfolg des Sport- und Geländewagenbauers Porsche beruht im ersten Halbjahr 2023 auf den Verbrennermodellen, während der Absatz des einzigen reinen Elektroautos Taycan rückläufig ist. In den ersten sechs Monaten steigerte die VW-Tochter den Konzernumsatz um 14 Prozent auf 20,43 Milliarden… Continue reading German Handelsblatt: Sports cars: Porsche increases profits significantly – but the electric offensive stalls007335
Tive Celebrates Continued Momentum in the First Half of 2023
Technological advancements enable multimodal, multi-leg, real-time shipment visibility; five industry awards; and a 104% increase in returned/recycled trackers, promoting sustainability BOSTON, July 26, 2023 /PRNewswire/ — Tive, the global leader in real-time, end-to-end shipment visibility solutions, today announced exceptional growth in the first half of 2023 as the company continues their quest to provide critical… Continue reading Tive Celebrates Continued Momentum in the First Half of 2023
ZIM to Release Second Quarter 2023 Results on Wednesday, August 16, 2023
HAIFA, Israel, July 26, 2023 /PRNewswire/ — ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its second quarter 2023 financial results on Wednesday, August 16, 2023, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and… Continue reading ZIM to Release Second Quarter 2023 Results on Wednesday, August 16, 2023