The success of the event shows how the integration of sports and tourism is a winning business model HAIKOU, China, Nov. 30, 2022 /PRNewswire/ — On November 27, the 2022 Hainan Beach Sports Carnival came to a successful conclusion in the town of Wanning. This year, the event, which contained an exciting mix of sports tourism,… Continue reading HINEWS: The 2022 Hainan Beach Sports Carnival Concludes
Tag: Strategy
Valmet Automotive starts series production of the solar electric Lightyear 0
Valmet Automotive has today started the series production of the Lightyear 0, the first true solar electric vehicle, at the Uusikaupunki, Finland plant. The Start of Production event was honored by more than 100 invited guests, international media, and top management of both Lightyear and Valmet Automotive at the plant. Lightyear 0 is a vehicle… Continue reading Valmet Automotive starts series production of the solar electric Lightyear 0
Cummins closes on acquisition of Siemens’ Commercial Vehicles business
COLUMBUS, Ind. & NUREMBERG, Germany–(BUSINESS WIRE)–Global power and technology leader, Cummins Inc. (NYSE: CMI) today announced that it, through its subsidiary Meritor, has completed its acquisition of Siemens’ Commercial Vehicles business, a leading global supplier of high-performance electric drive systems for commercial vehicles. In May 2022, Meritor, Inc. announced it had entered into an agreement… Continue reading Cummins closes on acquisition of Siemens’ Commercial Vehicles business
Clayton, Dubilier & Rice and Greenbriar Equity Group to Facilitate Merger of Paradigm Precision and Whitcraft Group, Creating a Scaled and Diversified Aviation Engine Components Manufacturer
NEW YORK, Nov. 30, 2022 /PRNewswire/ — Clayton, Dubilier & Rice (“CD&R”) and Greenbriar Equity Group, L.P. (“Greenbriar”) today announced definitive agreements under which CD&R-managed funds and funds managed by Greenbriar will invest to combine Paradigm Precision (“Paradigm”), a global independent provider of complex machining, fabrications and assemblies for engine manufacturers currently majority owned by funds… Continue reading Clayton, Dubilier & Rice and Greenbriar Equity Group to Facilitate Merger of Paradigm Precision and Whitcraft Group, Creating a Scaled and Diversified Aviation Engine Components Manufacturer
Exro Announces Major Milestone with Linamar e-Axle Phase One Project Completion and Provides Operational Update
Exro has successfully completed phase one of its integrated e-axle co-development program with strategic partner, and major tier-1 OEM supplier, Linamar Corporation Exro remains committed to delivering on remaining key deliverables on behalf of shareholders by year-end, including pilots to SEA Electric and Vicinity, and new strategic partner Commencement of series production of Exro’s Coil… Continue reading Exro Announces Major Milestone with Linamar e-Axle Phase One Project Completion and Provides Operational Update
Ideanomics, Energica secure third-party financing to accelerate the growth of Energica’s U.S. dealer network
NEW YORK, Nov. 30, 2022 /PRNewswire/ — Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary Energica now has 24 certified dealers in the United States, which accounts for 33% of product sales. To enable this dealer expansion, Ideanomics and Energica secured strategic… Continue reading Ideanomics, Energica secure third-party financing to accelerate the growth of Energica’s U.S. dealer network
Aircastle Announces $450 million Secured Aircraft Financing Facility
STAMFORD, Conn., Nov. 30, 2022 /PRNewswire/ — Aircastle Limited (“Aircastle”) announced today that it entered into a new $450 million secured aircraft financing facility. BNP Paribas, Credit Agricole Corporate & Investment Bank, and MUFG Bank, Ltd., acted as Joint Lead Arrangers and Co-Syndication Agents, BNP acted Structuring Agent and Global Coordinator for the facility. The facility… Continue reading Aircastle Announces $450 million Secured Aircraft Financing Facility
A ‘passionate engineer’ and gentle industry leader, Vikram Kirloskar, bids adieu
Vikram Kirloskar was earlier a President of the Confederation of Indian Industries (CII). Last year he was awarded the IIM (Indian Institute of Metals) -JRD Tata Award for 2020. ‘A Passionate Engineer’, this professional description epitomises the personality of Vikram Kirloskar . Life, more than business, is unpredictable and uncertain. Who could have thought that… Continue reading A ‘passionate engineer’ and gentle industry leader, Vikram Kirloskar, bids adieu
Why affordability is a key challenge with electric cars?
Amidst the great switchover to electric mobility, the Indian automotive industry is figuring out strategies to reduce battery costs and make electric vehicles (EVs) affordable. On the first day of the EV Forum – a two-day virtual event hosted by Autocar Professional on November 28 and 29 – industry experts spanning passenger vehicle OEMs, suppliers… Continue reading Why affordability is a key challenge with electric cars?
Why affordability is a key challenge with electric cars?
Amidst the great switchover to electric mobility, the Indian automotive industry is figuring out strategies to reduce battery costs and make electric vehicles (EVs) affordable. On the first day of the EV Forum – a two-day virtual event hosted by Autocar Professional on November 28 and 29 – industry experts spanning passenger vehicle OEMs, suppliers… Continue reading Why affordability is a key challenge with electric cars?