The Gateway to Asia initiative ensures quality and timely delivery through shorter lead times, temperature and humidity control, and streamlined urgent order processing SAN ANTONIO, July 27, 2022 /PRNewswire/ — Based on its recent analysis of the pharmaceutical supply chain contract services industry, Frost & Sullivan recognizes Bushu Pharma with the 2022 Japan Customer Value Leadership… Continue reading Bushu Pharma Lauded by Frost & Sullivan for Enabling the Launch of Specialty Drugs in Japan and Asia-Pacific and Offering Customer Value with Its Advanced Gateway to Asia Services
Tag: Strategy
Brembo and Gold Phoenix in JV to make aftermarket brake pads in China
Brembo and Gold Phoenix have signed a 50/50 joint venture agreement establishing a new company, Shandong BRGP Friction Technology Co to create the first large scale Brembo manufacturing facility fully dedicated to produce innovative aftermarket pads. The JV, called Shandong BRGP Friction Technology Co, is expected to start operations in early 2023 in Jinan, the… Continue reading Brembo and Gold Phoenix in JV to make aftermarket brake pads in China
Volkswagen starts assembly of all-electric ID.4 flagship in Tennessee
Volkswagen of America has commenced production of its all-electric ID.4 compact SUV in Chattanooga, Tennessee., the company’s first electric vehicle assembled in the United States. The ID.4 is Volkswagen Group’s most popular all-electric model, with 190,000 units delivered to customers globally since its launch in 2021.Volkswagen aims to ramp up ID.4 assembly in Chattanooga to… Continue reading Volkswagen starts assembly of all-electric ID.4 flagship in Tennessee
Meta Puts the Metaverse Even Further Out of Reach
Meta, née Facebook, may be one of the most influential and ambitious companies in the world, but that doesn’t mean it’s immune to broader economic woes. On the same day a series of news stories revealed the extent of Meta’s recent belt-tightening, the company said it was raising the prices of its Quest VR headsets.… Continue reading Meta Puts the Metaverse Even Further Out of Reach
Cruise hopes ramping its robotaxi service will U-turn its cash burn
Cruise, the General Motors subsidiary dedicated to commercializing autonomous vehicles, saw a jump in expenses during the second quarter as the company launched its first commercial robotaxi service in San Francisco. Cruise’s expenses hit around $550 million compared to $332 million during the same quarter of last year. Operating losses in the second quarter topped… Continue reading Cruise hopes ramping its robotaxi service will U-turn its cash burn
GM has 3 new deals with suppliers to assure it hits EV production target
General Motors has all the raw materials it needs to get it to the goal of building 1 million electric vehicles in North America by the end of 2025. On Tuesday the automaker said it has three new supplier agreements that give GM access to lithium, nickel, cobalt and Cathode Active Material (CAM) used in EV batteries. The new binding… Continue reading GM has 3 new deals with suppliers to assure it hits EV production target
@GM: LG Chem and General Motors Reach Agreement for Long-Term Supply of Cathode Active Material to Support EV Growth July 26, 2022
LG Chem and General Motors Reach Agreement for Long-Term Supply of Cathode Active Material to Support EV Growth LG Chem plans to provide GM more than 950,000 tons of CAM over eight years, enough for approximately 5 million units of EV production CAM secured by GM will be used by Ultium Cells LLC, joint venture… Continue reading @GM: LG Chem and General Motors Reach Agreement for Long-Term Supply of Cathode Active Material to Support EV Growth July 26, 2022
@GM: General Motors and Livent Enter Long-Term Lithium Hydroxide Supply Agreement July 26, 2022
Livent’s battery-grade lithium hydroxide, made primarily from lithium extracted at its brine-based operations in South America, to be used in production of GM’s electric vehicles 100% of Livent’s downstream lithium hydroxide processing for GM to transition to North America over the course of the agreement Both companies prioritize commitment to responsible operations and sustainable supply… Continue reading @GM: General Motors and Livent Enter Long-Term Lithium Hydroxide Supply Agreement July 26, 2022
Tesla locks 80 miles of customer’s battery range for $4,500 ransom
Tesla tried to force a customer to pay $4,500 ransom over 80 miles of range that the company software-locked in his battery pack. The automaker only started to walk back on the strategy to squeeze $4,500 out of its customers after an uproar on social media. Tesla used to sell Model S vehicles with software-locked… Continue reading Tesla locks 80 miles of customer’s battery range for $4,500 ransom
GM says it has enough EV battery raw materials to hit 2025 production target
General Motors Co. now has deals in place to source all of the raw materials it needs for the electric-vehicle batteries to meet a 2025 goal of having 1 million units of annual EV capacity in North America, the Detroit automaker said. In releasing its second-quarter earnings results Tuesday, GM announced three new binding supply… Continue reading GM says it has enough EV battery raw materials to hit 2025 production target