Munich/Steyr. The world famous INDUSTRIE 4.0 AWARDS are presented by the operations consultancy ROI-EFESO recognition of innovative solutions in digitalisation and automation. At the ceremony in early February in Munich, BMW Group Plant Steyr scooped the coveted award in the category for Discrete Manufacturing. Over 200 digitalisation solutions already in operation The BMW Group’s Austrian… Continue reading @BMW: BMW Group Plant Steyr wins INDUSTRIE 4.0 AWARD003224
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Magna Awarded Specialized eDrive System Business With North America-Based OEM
New electrification program to support high-end niche vehicle platform Primary rear system is a variant of Magna’s 800V eDS Duo, delivering exceptional power and performance in one package Award reflects company’s expertise in electric powertrain system engineering, integration AURORA, Ontario, Feb. 06, 2024 (GLOBE NEWSWIRE) — Magna is growing its electrification customer base with a… Continue reading Magna Awarded Specialized eDrive System Business With North America-Based OEM
Magna Awarded Specialized eDrive System Business With North America-Based OEM
Magna International Inc. Magna Specialized eDrive System Magna’s specialized eDrive system will deliver 726 kW of power, 8,000 Nm of torque to a high-end niche vehicle platform New electrification program to support high-end niche vehicle platform Primary rear system is a variant of Magna’s 800V eDS Duo, delivering exceptional power and performance in one package… Continue reading Magna Awarded Specialized eDrive System Business With North America-Based OEM
Yuma Energy achieves 10 million swaps in its first year of operations
Yuma Energy, a leading battery-as-a-service (BaaS) company formed as a joint venture between Yulu and Magna, marks its first anniversary with a milestone of completing 10 million lifetime battery swaps. Launched in February 2023 with a commitment to a sustainable future, the company currently employs over 500 people across five cities. Yuma’s swapping network facilitates 800,000… Continue reading Yuma Energy achieves 10 million swaps in its first year of operations
Yuma Energy achieves 10 million swaps in its first year of operations
Yuma Energy, a leading battery-as-a-service (BaaS) company formed as a joint venture between Yulu and Magna, marks its first anniversary with a milestone of completing 10 million lifetime battery swaps. Launched in February 2023 with a commitment to a sustainable future, the company currently employs over 500 people across five cities. Yuma’s swapping network facilitates 800,000… Continue reading Yuma Energy achieves 10 million swaps in its first year of operations
Yuma Energy achieves 10 million swaps in its first year of operations
Yuma Energy, a leading battery-as-a-service (BaaS) company formed as a joint venture between Yulu and Magna, marks its first anniversary with a milestone of completing 10 million lifetime battery swaps. Launched in February 2023 with a commitment to a sustainable future, the company currently employs over 500 people across five cities. Yuma’s swapping network facilitates 800,000… Continue reading Yuma Energy achieves 10 million swaps in its first year of operations
Automotive Airbag Sensor Market to grow by USD 220.4 million from 2022 to 2027; Increasing use of MEMS sensors for airbags to be a major trend – Technavio
NEW YORK, Feb. 6, 2024 /PRNewswire/ — The automotive airbag sensor market is estimated to grow by USD 220.4 million from 2022 to 2027, growing at a CAGR of 6.36%. The market is witnessing a surge in Micro-Electro-Mechanical Systems (MEMS) sensors, enhancing vehicle safety and performance. MEMS sensors detect minute environmental changes both inside and outside the vehicle,… Continue reading Automotive Airbag Sensor Market to grow by USD 220.4 million from 2022 to 2027; Increasing use of MEMS sensors for airbags to be a major trend – Technavio
The Tel Aviv Stock Exchange (TASE) Schedules Fourth Quarter and Full Year 2023 Results Release and Conference Call for Wednesday, March 6, 2024
TEL AVIV, Israel, Feb. 5, 2024 /PRNewswire/ — The Tel Aviv Stock Exchange Ltd (TASE: TASE) is pleased to announce that its financial statements for the period ended December 31, 2023 will be published on Wednesday, March 6, 2024, after market close. The financial statements and the presentation will be posted on TASE’s MAYA website as… Continue reading The Tel Aviv Stock Exchange (TASE) Schedules Fourth Quarter and Full Year 2023 Results Release and Conference Call for Wednesday, March 6, 2024
Hotchkiss Insurance Announces Gary D. Lindsey’s Promotion to Vice President of Sales
DALLAS, Feb. 5, 2024 /PRNewswire/ — Hotchkiss Insurance, a leading independent insurance agency in Texas, is pleased to announce the well-deserved promotion of Gary D. Lindsey to the position of Vice President of Sales. Gary D. Lindsey, CIC, CRM, has been an integral part of Hotchkiss Insurance, serving as a partner and demonstrating exceptional leadership… Continue reading Hotchkiss Insurance Announces Gary D. Lindsey’s Promotion to Vice President of Sales
With 70% ownership of the shares, Magna International Inc. (TSE:MG) is heavily dominated by institutional owners
Key Insights Given the large stake in the stock by institutions, Magna International’s stock price might be vulnerable to their trading decisions The top 25 shareholders own 48% of the company Insiders have sold recently If you want to know who really controls Magna International Inc. (TSE:MG), then you’ll have to look at the makeup… Continue reading With 70% ownership of the shares, Magna International Inc. (TSE:MG) is heavily dominated by institutional owners