Tier Mobility and Spin lay off 100 more employees

Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility operators and a computer vision startup, giving it access to e-bikes — a reach that extended beyond Europe and into the U.S. —… Continue reading Tier Mobility and Spin lay off 100 more employees

SMMT : 2022 UK car production down but electric vehicle output surges to new record

Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record

SMMT : 2022 UK car production down but electric vehicle output surges to new record

Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record

SMMT : 2022 UK car production down but electric vehicle output surges to new record

Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record

SMMT : 2022 UK car production down but electric vehicle output surges to new record

Annual UK car production falls -9.8% to 775,014 units in 2022 as global chip shortages and structural changes depress output. Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. Volumes for UK rise 9.4% but fail to offset declining… Continue reading SMMT : 2022 UK car production down but electric vehicle output surges to new record

Tesla Will Build Heavy Trucks at a New Factory in Nevada

Tesla will build a factory in northern Nevada that will manufacture electric semi trucks, the company said Tuesday, putting pressure on traditional truck makers like Daimler and Volvo that are just beginning to sell battery-powered vehicles. The factory, along with a new battery plant, will add 3,000 employees at an existing Tesla facility east of… Continue reading Tesla Will Build Heavy Trucks at a New Factory in Nevada

SAP Expands 25-Year Partnership with Lockheed Martin

Lockheed Martin Chooses RISE with SAP as the Secure Solution to Fuel 1LMX Transformation BETHESDA, Md., Jan. 25, 2023 /PRNewswire/ — Lockheed Martin Corporation (NYSE: LMT) and SAP SE (NYSE: SAP) announced today an expansion of their strategic relationship to transform the mission-critical business systems that power Lockheed Martin’s OneLM Transformation Program (1LMX). 1LMX is the industry-leading business… Continue reading SAP Expands 25-Year Partnership with Lockheed Martin

Freightos, a Leading, Vendor-Neutral Booking and Payment Platform for International Freight, Lists on Nasdaq

Raised more than $80 million to fund growth strategy, anticipated to be in excess of cash needed to reach positive cash flow Leader in digitizing global shipping – one of the largest but most traditional industries in the world Freightos facilitates smooth supply chains, following two years of rampant volatility To commence trading tomorrow on… Continue reading Freightos, a Leading, Vendor-Neutral Booking and Payment Platform for International Freight, Lists on Nasdaq

LG gets extension on Holland battery plant expansion as plans with GM stall

LG Energy Solution is getting an extension on formally entering into an agreement with Michigan’s quasi-governmental economic engine to quintuple the size of its Holland electric-vehicle battery plant just days after it first was reported that the company won’t be building a fourth battery plant with General Motors Co. The governing body of the Michigan… Continue reading LG gets extension on Holland battery plant expansion as plans with GM stall

Full Truck Alliance Co. Ltd. Responds to Short-Seller Report

GUIYANG, China, Jan. 25, 2023 /PRNewswire/ — Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today issued the following statement in response to a report issued by J Capital Research USA LLC, a short seller, relating to the Company on January 24, 2023. The Company firmly denies… Continue reading Full Truck Alliance Co. Ltd. Responds to Short-Seller Report