Tag: Financial Results

What to Expect When Nio Reports Earnings

Chinese electric-vehicle maker Nio (NYSE: NIO) will report its second-quarter earnings results after the U.S. markets close on Wednesday, Aug. 11. Wall Street analysts polled by Thomson Reuters expect Nio to report a loss of $0.11 per American depositary share, on average, on revenue of $1.28 billion. In what was a better-than-expected result at the… Continue reading What to Expect When Nio Reports Earnings

AI-based Car Ownership Super App Jerry Secures $75 Million Series C Financing at $450 Million Valuation

PALO ALTO, Calif., Aug. 10, 2021 /PRNewswire/ — Car-ownership super app Jerry today announces the completion of a $75 million Series C funding round led by Goodwater Capital. The oversubscribed round values the company at $450 million. The financing was completed just seven months after Jerry’s $28 million Series B round and brings total funding… Continue reading AI-based Car Ownership Super App Jerry Secures $75 Million Series C Financing at $450 Million Valuation

@Hyundai: Kia EV6 achieves product carbon footprint certification from the Carbon Trust

First Korean car in history to achieve product carbon footprint certification from the Carbon Trust EV6 footprint measured against internationally recognized PAS2050 Standards Certification validates CO2e (carbon dioxide equivalent) figures for lifecycle of EV6 Kia EV6 has achieved product carbon footprint certification and ‘Carbon Measured’ label from the global climate change and sustainability consultancy the… Continue reading @Hyundai: Kia EV6 achieves product carbon footprint certification from the Carbon Trust

TransDigm Group Reports Fiscal 2021 Third Quarter Results and Announces Transition of W. Nicholas Howley to Chairman

CLEVELAND, Aug. 10, 2021 /PRNewswire/ — TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the third quarter ended July 3, 2021, which continue to be unfavorably impacted by the COVID-19 pandemic. TransDigm also announced today that W. Nicholas (Nick) Howley, previously TransDigm’s Executive Chairman,… Continue reading TransDigm Group Reports Fiscal 2021 Third Quarter Results and Announces Transition of W. Nicholas Howley to Chairman

Automotive Lightweight Materials Market to Reach $126.76 Bn, Globally, by 2030 at 7.1% CAGR: Allied Market Research

PORTLAND, Ore., Aug. 10, 2021 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Lightweight Materials Market by Vehicle Type (IC Engine Powered, Electric Powered, and Others), Material Type (Metals, Composites, Plastics, and Elastomer), and Component (Frame, Powertrain, Interior Systems & Components, and Exterior Systems & Components): Global Opportunity Analysis and Industry Forecast, 2021–2030″ According to… Continue reading Automotive Lightweight Materials Market to Reach $126.76 Bn, Globally, by 2030 at 7.1% CAGR: Allied Market Research

Inventory Management in MRO Category Remains a Big Challenge, says Beroe Inc

RALEIGH, N.C., Aug. 10, 2021 /PRNewswire/ — Companies in mature regions like North America and Western Europe from various industries such as pharmaceutical, automotive, CPG, aerospace, food & beverage tend to follow end-to-end MRO spare part management. Many of them now outsource end-to-end inventory management processes to MRO integrators. However, for those who do not,… Continue reading Inventory Management in MRO Category Remains a Big Challenge, says Beroe Inc

Automotive Sensors Market Size to Reach USD 48.29 Billion In 2027 | Increasing Demand for Vehicle Electrification, Rising Consumer Preference for In-Car Comfort and Safety are Key Factors Fueling Global Industry Demand, says Emergen Research

VANCOUVER, B.C., Aug. 10, 2021 /PRNewswire/ — The global automotive sensors market size is expected to reach USD 48.29 billion in 2027, according to a current analysis by Emergen Research. Key factors such as rapid advancements in the automotive industry, extensive use of pressure sensors in the automotive sector, increasing production of motor vehicles across the… Continue reading Automotive Sensors Market Size to Reach USD 48.29 Billion In 2027 | Increasing Demand for Vehicle Electrification, Rising Consumer Preference for In-Car Comfort and Safety are Key Factors Fueling Global Industry Demand, says Emergen Research

Luka Doncic agrees to five-year, $207 million supermax rookie extension with Dallas Mavericks – ESPN

5:47 PM ET Dallas Mavericks superstar Luka Doncic has agreed to sign a landmark five-year, $207 million supermax rookie extension, agent Bill Duffy of BDA Sports told ESPN on Monday. Doncic, one of the most accomplished players in NBA history at 22 years old and rapidly evolving into the future face of the league, becomes… Continue reading Luka Doncic agrees to five-year, $207 million supermax rookie extension with Dallas Mavericks – ESPN

World NM: Paapam reiterates demand of tractor industry’s Rs6b refunds’ early payment001443

LAHORE   –  The Federal Board of Revenue (FBR) and its sub-organs have been creating unfair hurdles and using delaying tactics to clear the billions of rupees’ sales tax refunds of the tractor industry despite the full assurance of the Ministry of Industries and Production and FBR’s high-ups. The delegation apprised the minister that tractor manufacturers… Continue reading World NM: Paapam reiterates demand of tractor industry’s Rs6b refunds’ early payment001443