A New Partnership between Hellenic Defence Systems (EAS) and Global Aerospace and Technology company, Paramount Presents Game-Changer for Greek UAV Market ATHENS, Greece, May 12, 2023 /PRNewswire/ — Greek state defence company, Hellenic Defence Systems (EAS) and Paramount Industries Greece have signed a strategic partnership for the local production of next generation, long-range loitering munitions,… Continue reading JOINT STATEMENT – Greek Defence Industry Receives Major Boost Through Production of Advanced Drone Technologies in Greece
Tag: Manufacturing
Autoliv Announces Results of 2023 Annual Stockholders Meeting
STOCKHOLM, May 11, 2023 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 11, 2023. Annual General Meeting of Stockholders The Company’s 2023 Annual General Meeting of Stockholders (AGM) voted for approval of the following… Continue reading Autoliv Announces Results of 2023 Annual Stockholders Meeting
CANOO INC. ANNOUNCES FIRST QUARTER 2023 RESULTS
Our LDV vehicle is eligible for the full IRA commercial tax credit of $7,500 in 2023 25% reduction in annual operating expenses compared to last fiscal year Secured favorable long-term lease for Oklahoma City manufacturing facility Focused on exiting 2023 at a 20K run-rate, which opens the ability for us to move to 40k run-rate… Continue reading CANOO INC. ANNOUNCES FIRST QUARTER 2023 RESULTS
Tesla is looking at potential ‘significant investment’ in France, as Musk meets President
Tesla is looking at a potential “significant investment” in France, likely in the form of a factory, following CEO Elon Musk meeting with President Emanuel Macron. Musk flew to Paris to meet with Macron today, and the goal of the meeting was reportedly to discuss the potential of Tesla investing in France. The automaker had… Continue reading Tesla is looking at potential ‘significant investment’ in France, as Musk meets President
Tesla is again being sued for limiting its cars’ battery capacity through software update
Tesla is again facing a class action lawsuit for limiting the battery capacity inside its vehicles through a software update. Back in 2019, Electrek reported on several reports from Tesla owners about seeing significant drops in range from 12 to 30 miles following a software update. The charging speed was also greatly affected. Model S vehicles with 85… Continue reading Tesla is again being sued for limiting its cars’ battery capacity through software update
Elon Musk still needs ‘Twitter sitter,’ judges rule
SpaceX owner and Tesla CEO Elon Musk at the E3 gaming convention in Los Angeles, California, June 13, 2019. Mike Blake | Reuters Tesla CEO Elon Musk lost an appeal to unwind parts of a consent decree that he and the automaker struck with the Securities and Exchange Commission to settle civil securities fraud charges… Continue reading Elon Musk still needs ‘Twitter sitter,’ judges rule
Americans are keeping their cars longer amid sky-high prices, rising interest rates
Cars, trucks, SUVs, and other vehicles drive in traffic on the 405 freeway through the Sepulveda Pass in Los Angeles, California, on August 25, 2022. Patrick T. Fallon | AFP | Getty Images DETROIT — The average age of passenger vehicles on U.S. roadways climbed to a record this year, as car owners hold on… Continue reading Americans are keeping their cars longer amid sky-high prices, rising interest rates
GLOBAL SUPPLY CHAINS NOW HAVE SPARE CAPACITY FOR THE FIRST TIME SINCE JUNE 2020 AS 10 MONTHS OF SUBDUED DEMAND, INVENTORY DE-STOCKING AND HIGH INTEREST RATES BITE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
Although global demand remains subdued, there has been an uptick since December’s trough, while the trend actually improved slightly in North America in April, indicating some economic resilience Excess supply chain capacity was also driven by global organizations’ drawdown of their safety stocks, which have fallen below their historic average for the first time in… Continue reading GLOBAL SUPPLY CHAINS NOW HAVE SPARE CAPACITY FOR THE FIRST TIME SINCE JUNE 2020 AS 10 MONTHS OF SUBDUED DEMAND, INVENTORY DE-STOCKING AND HIGH INTEREST RATES BITE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
China Matters’ Feature: What Makes Ningbo-CEEC Connection Vibrant?
BEIJING, China, May 15, 2023 /PRNewswire/ — Ningbo is a vibrant city located on China’s east coast, boasting the third largest container port in the world. The finance-friendly environment and favourable policies facilitate Ningbo’s role as a hub for international commerce. Specifically, Ningbo has become one of Central and Eastern Europe’s largest business partners. 2022… Continue reading China Matters’ Feature: What Makes Ningbo-CEEC Connection Vibrant?
@VW Group: Red rhombus meets “Green Hell”: 40 years of Audi Sport GmbH with a special kick-off at the Nürburgring007220
Almost 40 years ago – on October 10, 1983 – Audi Sport GmbH, as it is known now, was founded as quattro GmbH. Today, it shapes the sporty and exclusive image of the brand with the four rings. At Audi, the vehicles with the red rhombus stand for performance and sportiness. The birthday celebrations begin… Continue reading @VW Group: Red rhombus meets “Green Hell”: 40 years of Audi Sport GmbH with a special kick-off at the Nürburgring007220