2Q22 Gross Margin Rises 330 Basis Points Year over Year 1H22 Gross Margin Rises 200 Basis Points Year over Year EAST WINDSOR, N.J., Aug. 12, 2022 /PRNewswire/ — Greenland Technologies Holding Corporation (NASDAQ: GTEC) (“Greenland” or the “Company”), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and… Continue reading Greenland Technologies Reports Second Quarter and First Half 2022 Unaudited Financial Results
Tag: Strategy
@niche: Xos, Inc. Reports Second Quarter 2022 Results002081
Strong execution drives a ~40% revenue increase quarter-over-quarter Secured additional financing of $55m in convertible securities from existing investor relationships. LOS ANGELES, Aug. 11, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS) (“Xos” or the “Company”), a leading technology company which provides fleet services, software solutions, and manufactures 100% battery-electric Class 5 to Class 8… Continue reading @niche: Xos, Inc. Reports Second Quarter 2022 Results002081
Shift Technologies Merges with CarLotz to Boost Online Sales Options
Given current market dynamics, Shift is optimizing inventory mix and assortment to favor value vehicles, which Shift defines as older than eight years or having been driven 80,000 miles. Pictured are 2016 Lincoln-Continental fleet vehicles on a transporter. File photo: Bobit Shift Technologies, Inc., an ecommerce platform for buying and selling used cars, has agreed… Continue reading Shift Technologies Merges with CarLotz to Boost Online Sales Options
@Groupe PSA: OP On the Death of a Visionary000406
Former Opel Development Director Friedrich W. (“Fritz”) Lohr died last Tuesday (9 August) at the age of 95. With his extraordinary commitment and visionary technical and entrepreneurial decisions, he significantly shaped Opel vehicle development in the 1970s and 1980s. With the Kadett D, he introduced front-wheel drive at Opel in 1979. It was a groundbreaking… Continue reading @Groupe PSA: OP On the Death of a Visionary000406
Greaves Cotton Q1 FY23 PAT at INR 16 cr; posts highest ever quarterly revenue of INR 660 cr
New Delhi: Greaves Cotton Limited on Friday reported consolidated revenues of INR 660 crore in Q1 FY23, recording a healthy YoY growth of 188% over Q1 FY22. The Company reported improved growth in profit with EBITDA at INR 38 crores and PAT of INR 16 crores. The new businesses continue to see strong growth with… Continue reading Greaves Cotton Q1 FY23 PAT at INR 16 cr; posts highest ever quarterly revenue of INR 660 cr
Satellite Connectivity Market to Reach $22.12 Billion, Globally, by 2031 at 7.3% CAGR: Allied Market Research
Rise in government investment in space exploration and increase in satellite launches drive the global satellite connectivity market. PORTLAND, Ore., Aug. 12, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Satellite Connectivity Market by Component (Video, Fixed, Mobility), by Orbit (Elliptical, GEO, LEO, MEO), by End User (Civil and Earth Observation, Government and… Continue reading Satellite Connectivity Market to Reach $22.12 Billion, Globally, by 2031 at 7.3% CAGR: Allied Market Research
Rivian Lost $1.7 Billion in the Second Quarter
Rivian, a fledgling electric vehicle manufacturer, said Thursday that it lost $1.7 billion in the second quarter and estimated that it would make just over 26,000 vehicles this year, about a thousand more than it previously forecast. The company said it was continuing to struggle to get enough components to ramp up production to higher… Continue reading Rivian Lost $1.7 Billion in the Second Quarter
Unifor makes policy recommendations to rebuild Canada’s auto sector
Unifor, Canada’s largest private sector union representing Detroit Three autoworkers, has released 29 recommendations for policymakers to consider to help grow Canada’s auto sector as the industry transitions to electric vehicles. The recommendations are part of Unifor’s fourth policy document entitled “Navigating the Road Ahead: Rebuilding Canada’s Powerhouse Auto Sector,” which focuses on growing Canada’s auto and auto… Continue reading Unifor makes policy recommendations to rebuild Canada’s auto sector
Global Shared Mobility Start-ups Strategic Overview Report 2022: Europe Dominates the Shared Mobility Start-up Space, with More than 50% of the Start-ups Headquartered in the EU G5
DUBLIN, Aug. 11, 2022 /PRNewswire/ — The “Strategic Overview of the Start-ups Disrupting Shared Mobility, Global, 2022” report has been added to ResearchAndMarkets.com’s offering. In 2021, the market opportunity from shared mobility was approximately $336.9 billion. This is expected to cross $994.5 billion in 2030, accounting for the changes in the market due to the… Continue reading Global Shared Mobility Start-ups Strategic Overview Report 2022: Europe Dominates the Shared Mobility Start-up Space, with More than 50% of the Start-ups Headquartered in the EU G5
LALIGA ANNOUNCES EXPANDED EXCLUSIVE PARTNERSHIP THROUGHOUT SOUTH AMERICA WITH RUSH STREET INTERACTIVE’S RUSHBET SPORTSBOOK BRAND
RSI Extends Co-Branding Deal Continent-Wide with One of the World’s Most Popular Professional Sports Leagues CHICAGO, Aug. 11, 2022 /PRNewswire/ — RushBet, the sportsbook that gained a foothold in South America last year by becoming LaLiga’s exclusive wagering partner in Colombia, is now expanding that partnership with the renowned Spanish soccer league throughout the continent.… Continue reading LALIGA ANNOUNCES EXPANDED EXCLUSIVE PARTNERSHIP THROUGHOUT SOUTH AMERICA WITH RUSH STREET INTERACTIVE’S RUSHBET SPORTSBOOK BRAND