The passenger vehicle segment is expected to lead the market with a projected market value of $17.65 billion by 2031 FREMONT, Calif., March 16, 2023 /PRNewswire/ — BIS Research, the global leader in providing market intelligence on deep technologies, has released its latest study titled In-Vehicle Payments Market – A Global and Regional Analysis. According to this… Continue reading Collaboration of MasterCard, Visa, and PayPal, among others, Expected to Result in a Massive 18.15% Growth for In-Vehicle Payments Market Between 2022-2031
Tag: Strategy
Argentina’s Increasingly Important Contribution to the Lithium Sector on the Rise
FN Media Group Presents USA News Group News Commentary VANCOUVER, BC, March 16, 2023 /PRNewswire/ — USA News Group – Mining exports in 2022 brought in US$3.86 billion to Argentina, marking the highest for the country since 2012. This spike was spurred on by a whopping 234% increase in lithium exports to US$696 million, as Argentina… Continue reading Argentina’s Increasingly Important Contribution to the Lithium Sector on the Rise
Electric Mobility Market to Hit $325.64 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, March 16, 2023 /PRNewswire/ — The global electric mobility market size is expected to reach USD 325.64 billion by 2030, growing at a CAGR of 14.6% over the forecast period, as per the study conducted by Grand View Research, Inc. Rise in substantial operating and maintenance cost savings is expected to significantly increase… Continue reading Electric Mobility Market to Hit $325.64 Billion by 2030: Grand View Research, Inc.
Delsey’s 2022 full year results show 124% YoY net sales growth, EBITDA 6-fold increase compared to pre-pandemic levels
PARIS, March 16, 2023 /PRNewswire/ — Delsey Paris, the leading European premium luggage manufacturer, has today announced its operational results for 2022. Net global sales grew 124% year over year (‘YoY’) reaching €207 million, exceeding pre-pandemic levels of 2019 and outpacing by nearly 4 times the rate of post-pandemic sector recovery. EBITDA margin grew to… Continue reading Delsey’s 2022 full year results show 124% YoY net sales growth, EBITDA 6-fold increase compared to pre-pandemic levels
Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
DUBAI, UAE, March 16, 2023 /PRNewswire/ — On March 14th, 2023, Cummins Arabia and OWS Automotive signed a Memorandum of Understanding to collaborate on defense service applications. This collaboration follows the impressive participation of both firms at IDEX 2023 in Abu Dhabi and aims to explore powertrain solutions and technical support for defense end-users, with… Continue reading Cummins Arabia and OWS Automotive join forces to develop powertrain solutions for Defense
NIKOLA TO COMPLETE BATTERY MANUFACTURING MOVE FROM CYPRESS, CALIFORNIA. TO COOLIDGE, ARIZONA. BY APRIL 2023
Ahead of schedule, company expedites ability to bring manufacturing under one roof PHOENIX, March 16, 2023 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero emission transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced that the move to transition battery manufacturing from Cypress, Calif. to its Coolidge, Ariz. manufacturing… Continue reading NIKOLA TO COMPLETE BATTERY MANUFACTURING MOVE FROM CYPRESS, CALIFORNIA. TO COOLIDGE, ARIZONA. BY APRIL 2023
@VW Group: One for all006831
One single platform for a multitude of vehicle models: This approach has been followed for years now for combustion-engine vehicles, helping to develop a large number of different models and derivatives and to bring vehicles to series production at justifiable expenditure of time and money. In production, the approach results in economies of scale: Fewer components… Continue reading @VW Group: One for all006831
@VW Group: Four Porsche 963, two series: Porsche Penske Motorsport hunts for points006829
The new hybrid prototypes from Weissach will contest the 1,000-mile FIA WEC race on Friday, 17 March. This is the first time they face their Hypercar rivals from Ferrari, Peugeot and Toyota, among others. The tradition-steeped IMSA race over twelve hours takes off the following day. In the GTE-Am (WEC), GTD-Pro and GTD (both IMSA)… Continue reading @VW Group: Four Porsche 963, two series: Porsche Penske Motorsport hunts for points006829
@VW Group: In spite of challenging conditions: Stable fiscal year 2022 completed006831
Audi Hungaria closed the 2022 fiscal year with solid key figures in spite of all challenges. At the world’s biggest powertrain plant, 1,677,545 units were built, while 171,134 cars (including vehicles for SKD production Brazil) rolled off the production line in vehicle production. Last year, the company generated a total sales volume of 8.346 billion… Continue reading @VW Group: In spite of challenging conditions: Stable fiscal year 2022 completed006831
@VW Group: CEO Markus Duesmann: “We are on the verge of the biggest product initiative in our history”006830
AUDI AG’s Annual Media Conference saw CEO Markus Duesmann and CFO Jürgen Rittersberger address current topics. Alongside the key financials for the 2022 fiscal year, the pair focused on strategic decision-making, spotlighting holistic sustainability, and the upcoming model initiative. The key statements at a glance: On the year 2022 and the annual financial statements …… Continue reading @VW Group: CEO Markus Duesmann: “We are on the verge of the biggest product initiative in our history”006830