Geely Auto 2022 H1 revenues increase 29% YoY to 58.12 billion RMB Electrified and new energy vehicle sales increased 398% YoY to 109,000 units R&D investment in intelligent and NEV technologies increased 71.7% to 3.63 billion RMB Overseas expansion accelerating with exports growing 64% YoY and accounting for 14.3% of overall sales New target for… Continue reading @Geely: Geely Auto 2022 Half Year Financial Report Highlights Intelligent and Electric Transformation
Tag: Strategy
Marc Duvall, Longtime Aerospace Industry Executive, Joins AE Industrial Partners as an Operating Partner
BOCA RATON, Fla., Aug. 18, 2022 /PRNewswire/ — AE Industrial Partners, LP (“AEI”), a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, announced today that Marc Duvall, a seasoned executive with decades of operating experience throughout the aerospace supply chain, has joined the firm… Continue reading Marc Duvall, Longtime Aerospace Industry Executive, Joins AE Industrial Partners as an Operating Partner
42% Contribution in Sports Betting Market Growth Share from APAC – Technavio
NEW YORK, Aug. 18, 2022 /PRNewswire/ — The latest market analysis report titled Sports Betting Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026 has been added to Technavio’s catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 10.68% from 2021 to 2026. The analysts at… Continue reading 42% Contribution in Sports Betting Market Growth Share from APAC – Technavio
China Digest: Greentech firms Qiyuan, Jayson each raise $147m amid carbon-neutral fad
Green energy solutions provider Qiyuan Green Power and battery material supplier Jayson New Energy Technology have each raised 1 billion yuan ($147 million) to fuel their market expansion. China’s SPIC-backed green energy firm Qiyuan raises $147m Series A Qiyuan Green Power, a green energy solutions provider affiliated with China’s state-owned electricity supplier State Power Investment… Continue reading China Digest: Greentech firms Qiyuan, Jayson each raise $147m amid carbon-neutral fad
Torch.AI & Vertosoft Join Forces to Optimize Data Infrastructure with AI for 100+ New Customers Across the U.S. Government
LEAWOOD, Kan., Aug. 18, 2022 /PRNewswire/ — Torch.AI, pioneers of data infrastructure AI, announced today a partnership with Vertosoft to accelerate the adoption of next-generation artificial intelligence (AI) and data infrastructure software capabilities across the U.S. Government. Continue Reading Vertosoft Torch.AI, already supporting some of the world’s most important organizations, has re-imagined how organizations use… Continue reading Torch.AI & Vertosoft Join Forces to Optimize Data Infrastructure with AI for 100+ New Customers Across the U.S. Government
@niche: Xos, Inc. Announces Strategic Partnership with NationaLease002097
LOS ANGELES, Aug. 17, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of Class 5 through Class 8 battery-electric vehicles and powertrains, and provider of charging infrastructure and fleet management software, today announced a strategic partnership with NationaLease, one of the largest full-service truck leasing organizations in North America with over 900… Continue reading @niche: Xos, Inc. Announces Strategic Partnership with NationaLease002097
@niche: WE’RE NOT THERE YET.002098
Editor’s Note: This week, Peter reminds everyone that the “Grand Transition” to our Electric Future is fraught with peril and that “We’re Not there Yet.” Audi decides to waste a ton of money on yet another Ken Block smoke show, while Guns ‘N Roses also makes an appearance in On The Table with “Paradise City” and our AE Song of the Week. The next chapter of Peter’s much-praised series… Continue reading @niche: WE’RE NOT THERE YET.002098
Engage with a Sustainable Future through Software-defined Vehicles at Frost & Sullivan’s Summit
In a two-day virtual summit, Frost & Sullivan dives into how software-defined vehicles and other key technologies will drive a clean energy future SAN ANTONIO, Aug. 18, 2022 /PRNewswire/ — The automotive industry accounts for nearly a quarter of global greenhouse gas emissions. As countries work to achieve net-zero emissions by 2050, innovation-led initiatives are… Continue reading Engage with a Sustainable Future through Software-defined Vehicles at Frost & Sullivan’s Summit
Automotive Market in GCC — growth accelerating at 6.74% CAGR
NEW YORK, Aug. 18, 2022 /PRNewswire/ — The “Automotive Market in GCC Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026” report has been added to Techanvio’s offering. According to the report, the market will observe an incremental growth of 346.37 thousand units between 2021 and 2026, accelerating at a CAGR… Continue reading Automotive Market in GCC — growth accelerating at 6.74% CAGR
Shima Capital Closes $200M Maiden Fund to Support Web3 Founders
Shima Capital, a San Francisco, CA-based global venture firm that invests in early-stage blockchain companies across all market cycles, launched its debut fund. Shima Capital Fund I raised $200 million receiving support from notable investors including Dragonfly Capital, Bill Ackman, Animoca, OKex, Mirana Ventures, Republic, and Andrew Yang, among others. Founded in 2021 by veteran investor Yida Gao, Shima… Continue reading Shima Capital Closes $200M Maiden Fund to Support Web3 Founders