Volkswagen and PowerCo SE to search for a battery cell factory site in Canada

The Volkswagen Group and its recently founded battery company PowerCo SE intend to rapidly expand their global battery business to North America. To that end, Volkswagen and the Canadian government have signed a Memorandum of Understanding to identify suitable sites for a battery cell factory in Canada. The two parties will continue their cooperation in… Continue reading Volkswagen and PowerCo SE to search for a battery cell factory site in Canada

@BMW: Spotlight: BMW i Ventures Features Margret Dupslaff002471

Could you share more about your background before joining BMW i Ventures?  Until age 18, my whole world fit inside three square miles in a rural town outside Munich. My big family and future husband all lived happily inside this bubble. A safe, ordinary path would have been to study in Munich, yet I yearned… Continue reading @BMW: Spotlight: BMW i Ventures Features Margret Dupslaff002471

BlueGrace Logistics Promotes Carol Haeck to Vice President of Credit & Billing

TAMPA, Fla., Jan. 10, 2023 /PRNewswire/ — BlueGrace Logistics (BlueGrace), one of the largest Third-Party Logistics (3PL) providers in North America, announces Carol Haeck as Vice President of Credit & Billing. The new role reflects a critical service function for BlueGrace shippers and carriers, driving financial precision for the organization. Continue Reading Haeck is a strategic… Continue reading BlueGrace Logistics Promotes Carol Haeck to Vice President of Credit & Billing

Jarrett Companies Announces Select Access to International Division

Preferred Clientele are now able to Participate in Jarrett’s Top Tier International Offering ORRVILLE, Ohio, Jan. 10, 2023 /PRNewswire/ — Jarrett Companies, a leading worldwide provider of logistics, transportation, warehousing and fleet services, has announced the availability of its international shipping option for select clientele. Previously, this capability was limited to specific use-cases within Jarrett, but… Continue reading Jarrett Companies Announces Select Access to International Division

German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits005921

Mercedes-Benz plant in Tuscaloosa Pure sales are no longer so decisive for Mercedes. (Photo: Mercedes-Benz AG) After 2021, BMW sold more cars last year than its direct competitors Mercedes and Audi. In 2022, the Munich car manufacturer was able to sell a total of 2.4 million vehicles worldwide. Without the BMW brands Mini and Rolls-Royce,… Continue reading German Handelsblatt: Auto industry: Luxury strategy of BMW, Audi and Mercedes is reaching its limits005921

United States Department of Defense C4ISR Competitive Assessment 2022: Analysis of the Top 10 Contractors Across the US’s DoD Military Arms – Opportunities in Commercial Space, Autonomy, and e-Warfare

DUBLIN, Jan. 10, 2023 /PRNewswire/ — The “US DoD C4ISR Competitive Assessment” report has been added to  ResearchAndMarkets.com’s offering. This research service focuses on the United States (US) Department of Defense (DoD) command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) contracting information for research, development, test, and evaluation (RDT&E); procurement; and services. The purpose… Continue reading United States Department of Defense C4ISR Competitive Assessment 2022: Analysis of the Top 10 Contractors Across the US’s DoD Military Arms – Opportunities in Commercial Space, Autonomy, and e-Warfare

People Digest: UpGrad CEO resigns; Zoomcar names new CTOZoomcar has named former Grab executive Ashu Singhal as CTO and product officer.

In separate people updates from Indian startups, edtech firm UpGrad chief executive Arjun Mohan has stepped down from his role while car-sharing firm Zoomcar has named former Grab executive Ashu Singhal as its chief technology and product officer. UpGrad CEO Arjun Mohan resigns Edtech firm UpGrad’s chief executive Arjun Mohan has stepped down from his… Continue reading People Digest: UpGrad CEO resigns; Zoomcar names new CTOZoomcar has named former Grab executive Ashu Singhal as CTO and product officer.

China Digest: HK-based crypto firm Metalpha completes restructuring; e-bike maker TENWAYS bags $44m in Series A

Hong Kong-based crypto brokerage Metalpha has become the wholly-owned subsidiary of Nasdaq-listed Metalpha Technology Holding. Separately, E-bike maker TENWAYS has raised $44.3 million in its Series A fundraising round. Antalpha now largest shareholder in Metalpha Hong Kong-based crypto brokerage Metalpha, which provides cryptocurrency derivative products to institutional investors such as exchanges and family offices, has… Continue reading China Digest: HK-based crypto firm Metalpha completes restructuring; e-bike maker TENWAYS bags $44m in Series A

Chip shortage to hit 2023 sales, warns Volkswagen

Volkswagen has warned that 2023 will be a “volatile and challenging year” for car sales, due to the ongoing effects of the chip shortage, which restricted its sales during 2022. Overall, the German brand sold 4.56 million cars in 2022, a 6.8% shortfall compared with the previous year. This was due to “persistent supply shortages”, said… Continue reading Chip shortage to hit 2023 sales, warns Volkswagen

Yadea Targets the US Market with the Launch of Three New E-bike Models at CES 2023

The electric two-wheeler maker showcases new e-bikes at CES following its participation in EUROBIKE and EICMA LAS VEGAS, Jan. 10, 2023 /PRNewswire/ — Yadea, the world’s leading electric two-wheeler brand, made its debut at the Consumer Electronics Show (CES) 2023 in Las Vegas. The appearance at the annual event is a key and strategic step in… Continue reading Yadea Targets the US Market with the Launch of Three New E-bike Models at CES 2023