PowerCo, the new battery company of the Volkswagen Group, and Umicore, the Belgian circular materials technology group, announced today the founding of a joint venture for precursor and cathode material production in Europe. From 2025 onwards, the joint venture will supply PowerCo’s European battery cell factories with key materials. By the end of the decade,… Continue reading @VW Group: PowerCo and Umicore establish joint venture for European battery materials production005836
Tag: Strategy
@VW Group: Porsche AG is preparing for its Initial Public Offering005839
ADVERTISEMENT NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL Porsche AG welcomes the decision of Volkswagen AG to offer up to 25% of Preferred Shares of Porsche AG in an Initial… Continue reading @VW Group: Porsche AG is preparing for its Initial Public Offering005839
@VW Group: Porsche aims to extend championship lead at the return to Fuji005838
The race In the close battle among manufacturers in the GTE-Pro class, Porsche clinched positions one and three in a successful qualifying session and tackled the endurance race in Japan with high hopes. However, it became apparent early on in the race that the competitiveness on race day did not meet those expectations. The most… Continue reading @VW Group: Porsche aims to extend championship lead at the return to Fuji005838
Finding Ways to Become an ESG Leader of Tomorrow
September 26, 2022 Finding Ways to Become an ESG Leader of Tomorrow Open share list Share this content. Environment, social and governance (ESG) considerations play increasingly crucial roles in a company’s prospects and viability. Key stakeholders, including consumers, investors, regulators and non-government organizations, are demanding that companies incorporate ESG factors into nearly every aspect of… Continue reading Finding Ways to Become an ESG Leader of Tomorrow
UAV Market 2026, Increasing Defense Spending On Unmanned Technologies to Boost Growth – Technavio
NEW YORK, Sept. 26, 2022 /PRNewswire/ — The UAV Market size is expected to grow by USD 32.41 billion during 2021-2026, at a CAGR of 18.41% during the forecast period, according to Technavio. The increasing defense spending on unmanned technologies, low-cost alternative to fighter jets, and the emergence of miniaturized EO/IR systems will offer immense… Continue reading UAV Market 2026, Increasing Defense Spending On Unmanned Technologies to Boost Growth – Technavio
ElevenEs produces a prototype of the largest LFP battery cell in Europe
ElevenEs has completed a 2-year development program and produced a prototype of the largest battery cell in Europe. Customer deliveries to start in the first quarter of 2023. SUBOTICA, Serbia, Sept. 26, 2022 /PRNewswire/ –The first and largest full-size LFP (Lithium Iron Phosphate) battery cell in Europe was developed by ElevenEs, a pioneer in battery… Continue reading ElevenEs produces a prototype of the largest LFP battery cell in Europe
Exicom emerges as largest EV charging brand in Malaysia
KUALA LUMPUR, Sept. 26, 2022 /PRNewswire/ — Exicom, the leading EV charger and Li-ion battery manufacturer today said it has emerged as the largest EV charging brand in Malaysia with 40 per cent share in the country. Backed by technology and world-class innovation, Exicom has become the trusted technology provider for EV charging in Malaysia.… Continue reading Exicom emerges as largest EV charging brand in Malaysia
@BMW: DTM: Sheldon van der Linde still in the overall lead – Philipp Eng secures fifth place on Sunday in his home race in Spielberg.002276
Spielberg. The penultimate race weekend of the DTM season at the Red Bull Ring (AUT) may not have gone according to plan for Sheldon van der Linde (RSA), but he was able to stay in the overall lead nonetheless. The South African driver missed out on the points in both races, finishing eleventh twice, but… Continue reading @BMW: DTM: Sheldon van der Linde still in the overall lead – Philipp Eng secures fifth place on Sunday in his home race in Spielberg.002276
Grab does not see the need to undertake mass layoffs despite weak market
Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financial service ambitions. Chief Operating Officer Alex Hungate said that earlier in the year, Grab had been worried about a global recession and was “very careful and… Continue reading Grab does not see the need to undertake mass layoffs despite weak market
‘Make in India’ completes eight years, annual FDI nearly doubles to $83 bn
New Delhi, Annual Foreign Direct Investment (FDI) nearly doubled to $83 billion as ‘Make in India‘, the flagship scheme of the government to facilitate investment and foster innovation, completed eight years. As per the Ministry of Commerce and Industry, FDI inflows stood at $45.15 billion in 2014-2015. The year 2021-22 recorded the highest ever FDI… Continue reading ‘Make in India’ completes eight years, annual FDI nearly doubles to $83 bn