Volvo Cars to strengthen its digital drive in India

Volvo Car India is looking to strengthen its footprint in the country. The company, which set up CKD operations in Bangalore three years ago, a spare parts warehouse in Mumbai and is expanding its sales and service network, is expanding its Digital Technology Hub in Bangalore. As part of the move, the company has appointed… Continue reading Volvo Cars to strengthen its digital drive in India

Third-party Logistics Market Size Worth $1,691.86 Billion By 2028: Grand View Research, Inc.

SAN FRANCISCO, June 3, 2021 /PRNewswire/ — The global third-party logistics market size is expected to reach USD 1,691.86 billion by 2028, registering a CAGR of 8.5% from 2021 to 2028, according to a new report by Grand View Research, Inc. The advent of new technologies is changing the 3PL industry dynamics. The advanced data collection capabilities,… Continue reading Third-party Logistics Market Size Worth $1,691.86 Billion By 2028: Grand View Research, Inc.

XL Fleet acquires World Energy Efficiency Services to integrate EV charging and renewables

XL Fleet (NYSE: XL), a provider of electrification solutions for commercial and municipal fleets, has acquired World Energy Efficiency Services for cash and stock totaling approximately $16 million. World Energy provides energy efficiency, renewable technology and EV charging stations to customers in the New England region. The company offers full-service EVSE installations, including site assessment,… Continue reading XL Fleet acquires World Energy Efficiency Services to integrate EV charging and renewables

Apple loses several top execs from self-driving car division

In February, Benjamin Lyon, who helped create Apple’s original car team several years ago and was key in the future project’s development, left to become the chief engineer at Astra, a company developing technology for sending satellites to space. New Delhi: Apple has lost multiple top managers of its self-driving car team in recent months,… Continue reading Apple loses several top execs from self-driving car division

Synctera Raises $33M in Series A Funding

Synctera, a San Francisco, CA-based solution for partnership banking at scale, raised $33M in Series A funding. The round, which brought total funding raised to date to $45.4M, was led by Fin VC, with participation from Mastercard and Gaingels, and follow-on investments from Lightspeed Venture Partners, Diagram Ventures, SciFi Ventures and Scribble Ventures, and strategic… Continue reading Synctera Raises $33M in Series A Funding

Remembering Sanjiv Paul and his role in Yamaha’s bike project

Sanjiv Paul was distinctly annoyed when we first met seven years ago. His grouse was the constant reference to Yamaha’s low-cost motorcycle for India being labelled ‘cheap’. At that point in time, he was the Group Head, Purchase Operation, and responsible for this ambitious project. “Cheap is not the objective,” he snapped. Yamaha has, of… Continue reading Remembering Sanjiv Paul and his role in Yamaha’s bike project

Continental signs F1 ace Nico Rosberg as brand ambassador

2016 Formula 1 World Champion and  sustainability  entrepreneur Nico Rosberg has signed on as a new brand ambassador for international tyre manufacturer Continental. “Nico Rosberg and Continental make a perfect fit,” says Philipp von Hirschheydt, Head of Business Unit Replacement Tires EMEA.  “Nico Rosberg has achieved massive success in motorsport, personifies elite-level driving performance at the limit and displays a multi-faceted commitment to environmental protection. Meanwhile, Continental – as a… Continue reading Continental signs F1 ace Nico Rosberg as brand ambassador

Hero Cycles’ Pankaj Munjal: ‘E-cycles will become a common mode of delivery in the future.’

The pandemic has brought back the focus on the need for effective, sustainable and affordable personal mobility. Pankaj Munjal, CMD of Hero Cycles, the largest bicycle maker in the world, shares his views on the Indian cycle market, new trends, opportunities, challenges, a new Rs 200 crore investment and future plans.  How has the Covid-19… Continue reading Hero Cycles’ Pankaj Munjal: ‘E-cycles will become a common mode of delivery in the future.’

Ford hires top strategist to President Barack Obama, First Lady Michelle Obama

Ford Motor Co. has hired Caroline Adler Morales from the office of the Obamas, where she has worked as communications director for Michelle Obama and strategic communications adviser for President Barack Obama. Morales, 38, has a long history of working in politics and was instrumental in several of Michelle Obama’s signature initiatives. Morales was also a senior member of former U.S. Secretary… Continue reading Ford hires top strategist to President Barack Obama, First Lady Michelle Obama

@Daimler: Mercedes-AMG Motorsport and BWT enter strategic partnership

Affalterbach. The performance and sports car brand from Affalterbach and Europe’s market leader in water technology are embarking on an intense cooperation on and off the race track. Mercedes-AMG Teams GetSpeed Performance, GruppeM Racing, Haupt Racing Team and Toksport WRT will be racing in BWT’s pink livery in the most popular races and international series.… Continue reading @Daimler: Mercedes-AMG Motorsport and BWT enter strategic partnership