TOKYO, Nov. 12, 2021 /PRNewswire/ — Oracle Corporation Japan announced that it is helping Honda Motor improve the efficiency of its procurement for operations in Japan with Oracle Fusion Cloud Enterprise Resource Planning (ERP), optimizing the procurement cost of indirect materials. Honda and its group companies are adopting Oracle Fusion Cloud Procurement, part of Oracle Cloud ERP, to consolidate… Continue reading Honda Motor Adopts Oracle Cloud ERP to Automate and Standardize Indirect Purchasing
Tag: Strategy
BUZZ-Toshiba’s Frankfurt shares drop on plans to split business
(Adds London-listed CDIs) ** Toshiba’s Frankfurt shares down around 4% after co announces plans to break itself into three independent firms ** Japanese co, whose plans comes hot on the heels of a similar move by U.S. giant General Electric, says it will spin off its energy and infrastructure business and its device and storage… Continue reading BUZZ-Toshiba’s Frankfurt shares drop on plans to split business
Technology · 12:50 PM UTCToshiba plans to split into three firms, rejects calls to go privateJapan’s Toshiba Corp outlined plans on Friday to split in…
TOKYO, Nov 12 (Reuters) – Japan’s Toshiba Corp (6502.T) outlined plans on Friday to split into three independent companies, seeking to appease activist shareholders calling for a radical overhaul after years of scandal. The move echoes a shift by fellow industrial conglomerate General Electric (GE.N) and will see Toshiba spin off core businesses – its… Continue reading Technology · 12:50 PM UTCToshiba plans to split into three firms, rejects calls to go privateJapan’s Toshiba Corp outlined plans on Friday to split in…
@niche: Xos, Inc. Reports Third Quarter 2021 Results001410
LOS ANGELES, Nov. 11, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today reported financial results for the quarter ended September 30, 2021. Third quarter 2021 revenues were $357 thousand Third quarter 2021 net income was $34.9 million and operating loss was… Continue reading @niche: Xos, Inc. Reports Third Quarter 2021 Results001410
@niche: Charging Ahead: Introducing Our New Battery System, the Lyra Series™001409
Batteries are at the heart of every vehicle we produce. Range, charging speeds, durability, efficiency, and cost all come into play when we develop our battery systems. Xos batteries are specifically designed from the ground up to perform under the demands and rigors of commercial use. Our battery engineering team is always looking for the… Continue reading @niche: Charging Ahead: Introducing Our New Battery System, the Lyra Series™001409
@niche: Press Lordstown Motors Reports Third Quarter 2021 Financial Results001409
LORDSTOWN, Ohio, Nov. 11, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or “LMC”), a provider of electric light duty trucks focused on the commercial fleet market, today released its third quarter 2021 financial results, and provided a business and financial outlook update. Third Quarter and Recent Key Business Highlights Reported third… Continue reading @niche: Press Lordstown Motors Reports Third Quarter 2021 Financial Results001409
Ballard Power announces acquisition of Arcola Energy to help customers integrate fuel cell engines into heavy-duty mobility
VANCOUVER, BC, LONDON and GLASGOW, Scotland, Nov. 11, 2021 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP)(TSX: BDLP), a world leader in the design and manufacturing of PEM fuel cell engines for medium- and heavy-duty vehicles, today announced the acquisition of Arcola Energy, a UK-based systems engineering company specializing in hydrogen fuel cell powertrain and vehicle… Continue reading Ballard Power announces acquisition of Arcola Energy to help customers integrate fuel cell engines into heavy-duty mobility
How Toyota sneakily spreads anti-EV propaganda in Japan
(The following article was sent to us by a concerned Japanese resident who wishes to remain anonymous.) Remember the first electric Toyota RAV4? Probably not. The early attempt at an EV barely had a range of 100 miles and Toyota sold very few of them. Back in 2010, Toyota and Tesla jointly worked on a… Continue reading How Toyota sneakily spreads anti-EV propaganda in Japan
Grab Reports Third Quarter 2021 Results
Gross Merchandise Value (“GMV”) reached a new quarterly record of $4.0 billion, up 32% year-over-year (“YoY”) in spite of a challenging operating environment Deliveries GMV grew 63% YoY; Grab expects a strong recovery in mobility heading into Q4 2021 Average spend per user [1] on Grab’s platform grew 43% YoY to hit a record high… Continue reading Grab Reports Third Quarter 2021 Results
@Daimler: 28. Oct 2021Daimler Truck receives solid investment grade ratings ahead of listing
October 28, 2021 – On its way to the expected listing on the Frankfurt Stock Exchange by the end of this year, Daimler Truck had approached S&P Global Ratings (S&P) and Moody’s Investor Service (Moody’s) for setting up first time credit ratings. Both rating agencies now communicated solid investment grade ratings for Daimler Truck. S&P… Continue reading @Daimler: 28. Oct 2021Daimler Truck receives solid investment grade ratings ahead of listing