New carbon reduction measures include a carbon offset feature for ride-hailing services, and expanded EV partnership with Hyundai Motor Group First ESG report outlines the company’s progress to support socioeconomic empowerment and sustainable growth SINGAPORE, 22 June 2021 – Grab, Southeast Asia’s leading superapp, today announced new initiatives that reinforce its commitment to reduce carbon… Continue reading Grab Releases First ESG Report; Announces Initiatives to Reduce Carbon Footprint
Tag: Strategy
Flex Releases its 2021 Sustainability Report
SAN JOSE, Calif., June 22, 2021 /PRNewswire/ — Flex (NASDAQ: FLEX) today released its 2021 sustainability report, summarizing the company’s calendar year 2020 sustainability performance and results against the Flex 20 by 2020 goals. The report demonstrates Flex’s commitment to sustainable manufacturing operations, providing a safe environment for employees, applying responsible business practices and contributing… Continue reading Flex Releases its 2021 Sustainability Report
Primer Raises $110M Series C
SAN FRANCISCO, June 22, 2021 /PRNewswire/ — Primer, the leading Natural Language Processing (NLP) firm, today announced the close of a $110M Series C round led by Lee Fixel’s Addition. New strategic investors include Steadfast, Sands Capital, and Hank Crumpton, former Ambassador-at-Large and US Coordinator for Counterterrorism. Existing investors Lux Capital, DCVC, Amplify Partners and… Continue reading Primer Raises $110M Series C
@Ford: Ford and Ford Fund to Support, Promote Responsible Mineral Sourcing Pilot Program to Empower, Assist Women
Ford and its philanthropic arm, Ford Fund, working with international partners to support and promote program that’s empowering women working in copper and cobalt supply chains in Democratic Republic of Congo Demand is increasing for these critical metals as the automotive industry electrifies more vehicles; region is a key supply site Program sets up education,… Continue reading @Ford: Ford and Ford Fund to Support, Promote Responsible Mineral Sourcing Pilot Program to Empower, Assist Women
Lordstown Motors evaluates strategic partners in funding search
By Ben Klayman New Delhi: Electric vehicle startup Lordstown Motors Corp is “evaluating strategic partners” as part of its search for funding needed to stay in operation, the company’s executive chair, Angela Strand, said on Monday. Lordstown Motors earlier this month warned it may not be able to continue as a “going concern” if it… Continue reading Lordstown Motors evaluates strategic partners in funding search
Hyundai, Kia and Grab to accelerate EV adoption in Southeast Asia
Hyundai Motor Group and Grab Holdings Inc have announced an enhancement of their ongoing strategic partnership in mobility services. The next phase of the partnership will focus on accelerating EV adoption in Southeast Asia. The Group, including Hyundai Motor Company and Kia Corporation which are the Group’s affiliates, and Grab will further develop new pilots and… Continue reading Hyundai, Kia and Grab to accelerate EV adoption in Southeast Asia
Ford Motor Co. hires former Renault exec Franck Louis-Victor to lead new businesses
A former Groupe Renault executive, Franck Louis-Victor, will join Ford Motor Co. on July 1 as vice president of new businesses, the Dearborn automaker announced Monday. His role is essential to developing and implementing a strategic plan for the Ford+ plan to create new value for customers and stakeholders, the company said in a news release. He will… Continue reading Ford Motor Co. hires former Renault exec Franck Louis-Victor to lead new businesses
@Toyota: Toyota Motor North America Announces Executive Change in ITx
Aimed to drive global digital transformation PLANO, Texas (June 21, 2021) – Toyota Motor North America (TMNA) today announced that Brian Kursar, Chief Technology Officer (CTO), TMNA and Toyota Connected North America (TCNA), has been promoted to group vice president, Digital Technology. Kursar will remain CTO for both TMNA and TCNA. In his new role,… Continue reading @Toyota: Toyota Motor North America Announces Executive Change in ITx
@Ford: Franck Louis-Victor to Join Ford as VP, New Businesses, A Strategic Priority in Ford+ Plan to Grow, Create Value
Will head cross-functional team charged with accelerating development, incubation and delivery of new businesses to accelerate innovation in areas including AVs, mobility services DEARBORN, Mich., June 21, 2021 – A key driver of the Ford+ plan to grow and create value for customers and other stakeholders has a new leader, with Ford naming former Groupe… Continue reading @Ford: Franck Louis-Victor to Join Ford as VP, New Businesses, A Strategic Priority in Ford+ Plan to Grow, Create Value
Hyundai Motor Group Completes Acquisition of Boston Dynamics from SoftBank
Post-closing, the Group holds an 80 percent stake in Boston Dynamics and SoftBank, through one of its affiliates, retains the remaining 20 percent stake. Boston Dynamics is the established leader in developing agile, mobile robots that have been successfully integrated into business operations of many of the world’s leading industrial firms. Advanced robotics offer opportunities… Continue reading Hyundai Motor Group Completes Acquisition of Boston Dynamics from SoftBank