Tag: Strategy

Global Automotive RADAR Strategic Market Report 2023:Rise in Premium Segment Vehicles Sales Demands the Usage of ADAS Technology

DUBLIN, Feb. 9, 2023 /PRNewswire/ — The “Automotive RADAR – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering. The global market for Automotive RADAR estimated at US$6.4 Billion in the year 2022, is projected to reach a revised size of US$24.2 Billion by 2030, growing at a CAGR of 18.1% over the… Continue reading Global Automotive RADAR Strategic Market Report 2023:Rise in Premium Segment Vehicles Sales Demands the Usage of ADAS Technology

GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

MALTA, N.Y. and DETROIT, Feb. 9, 2023 /PRNewswire/ — General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply.  Through this first-of-its-kind agreement, GF will manufacture for GM’s key chip suppliers at GF’s advanced semiconductor facility in upstate New… Continue reading GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

BorgWarner Expands Silicon Carbide Inverter Business with Major Global OEM

800V inverter technology offers ideal scalability, superior efficiency and high power density Builds upon 400V inverter business with the automaker SOP is 2025 for battery electric vehicle (BEV) platforms AUBURN HILLS, Mich., Feb. 9, 2023 /PRNewswire/ — BorgWarner is building upon its current 400V inverter business with a major global OEM by now also supplying 800V… Continue reading BorgWarner Expands Silicon Carbide Inverter Business with Major Global OEM

Better Trucks and Shipium Partner for Faster, Technology-Driven E-commerce Delivery

Partnership gives Shipium customers access to Better Trucks’ connected delivery network. CHICAGO and SEATTLE, Feb. 9, 2023 /PRNewswire/ — Better Trucks, a technology-driven logistics firm focused on rapid parcel delivery, today announced a partnership with Shipium, the premier enterprise shipping platform for e-commerce retailers, brands, and 3PLs. Better Trucks is a regional, last-mile parcel carrier with… Continue reading Better Trucks and Shipium Partner for Faster, Technology-Driven E-commerce Delivery

‘India a strategic base to build exports to Middle East and South Asia for Skoda’: MD Piyush Arora

‘India a strategic base to build exports to Middle East and South Asia for Skoda’: MD Piyush Arora Having laid a decent foundat­ion for the India 2.0 project, the third largest market in the world will take on more significance for Skoda Auto Volkswagen India, going forward. The Czech brand wants to make India a… Continue reading ‘India a strategic base to build exports to Middle East and South Asia for Skoda’: MD Piyush Arora

ZOOZ Power appoints former Tritium and Driivz executives to accelerates its business development and sales activities

TEL AVIV, Israel, Feb. 9, 2023 /PRNewswire/ — ZOOZ POWER (TASE: ZOOZ), a leading provider of flywheel-based power boosting solutions for the EV charging industry has announced the appointments of Mr. Eyal Blum and Mr. Kevin Pugh to its senior management team, to lead its global business growth: Mr. Blum is appointed as Chief Revenue Officer… Continue reading ZOOZ Power appoints former Tritium and Driivz executives to accelerates its business development and sales activities

The Flexport App Launches on Shopify to Make Global Trade Easy for Merchants Everywhere

Flexport and Shopify seamlessly integrate merchant platform with supply chain services to create a one-stop solution for global logistics SAN FRANCISCO, Feb. 9, 2023 /PRNewswire/ — Today, Flexport, a global leader in supply chain technology, announced the launch of the Flexport App on Shopify – a one-stop, integrated solution designed for small-and-medium-sized businesses (SMBs) to meet… Continue reading The Flexport App Launches on Shopify to Make Global Trade Easy for Merchants Everywhere

Cirba Solutions Secures Additional Investment from Marubeni to Expand Circular EV Battery Materials Supply Chain

Marubeni invests $50 million in Cirba Solutions to expand its superior battery materials operational footprint supporting a circular EV supply chain. CHARLOTTE, N.C., Feb. 9, 2023 /PRNewswire/ — Cirba Solutions, the largest and most comprehensive battery management and materials processor for end-of-life batteries and gigafactory manufacturing scrap, today announced a $50 million minority investment from the… Continue reading Cirba Solutions Secures Additional Investment from Marubeni to Expand Circular EV Battery Materials Supply Chain

Midwest Automotive Media Association Awards 2023 Hyundai Palisade as Family Vehicle of the Year and 2023 Genesis GV60 as Luxury Family Vehicle of the Year

CHICAGO, Feb. 9, 2023 /PRNewswire/ — The Midwest Automotive Media Association (MAMA) named the 2023 Hyundai Palisade as its 13th annual Family Vehicle of the Year, and the 2023 Genesis GV60 as the winner of the fifth annual Luxury Family Vehicle of the Year award during the Media Preview of the 2023 Chicago Auto Show.… Continue reading Midwest Automotive Media Association Awards 2023 Hyundai Palisade as Family Vehicle of the Year and 2023 Genesis GV60 as Luxury Family Vehicle of the Year