The COVID-19 pandemic adversely impacted the dump truck market growth due to strict lockdown in several countries in 2020. Manufacturing plants were shut down, resulting in lower production rates. The impact of the COVID-19 pandemic has led construction & mining contractors to postpone their new equipment purchase decisions, thus hindering the construction equipment market growth… Continue reading Dump Truck Market to value USD 30 billion by 2030, Says Global Market Insights Inc.
Tag: Strategy
Valeo acquires Siemens’ 50% stake in Valeo Siemens eAutomotive
Valeo has acquired Siemens’ 50% stake in Valeo Siemens eAutomotive, as provided for in the agreement signed with Siemens on February 9. As a result, Valeo now holds 100% of Valeo Siemens eAutomotive, the leader in high-voltage electrification, which has been integrated into its Powertrain Systems business. This strategic transaction strengthens Valeo’s position as a… Continue reading Valeo acquires Siemens’ 50% stake in Valeo Siemens eAutomotive
Autocar Professional’s July 1 issue is out!
The July 1 issue of Autocar Professional bets on how new technologies are playing a role in defining the next big trend across the automotive world. This 48-page issue takes you on a drive to the most striking developments, interesting insights and in-depth perspectives on the action across the automotive world. Visteon’s tech vistaPresident &… Continue reading Autocar Professional’s July 1 issue is out!
Founder of auto giant Geely buys Meizu as smartphone demand weakens
Remember Meizu, the once-promising competitor to Xiaomi? The Alibaba-backed Chinese smartphone maker is making a comeback — in a way — as it gets acquired by the founder of Geely, China’s largest private automaker and Volvo’s parent comapny. China’s smartphone industry is notoriously competitive. Founded in 2003, Meizu has been making affordable, trendy Android-based smartphones… Continue reading Founder of auto giant Geely buys Meizu as smartphone demand weakens
Vmoto is the official supplier of electric scooters for Ducati Corse
MILAN, July 5, 2022 /PRNewswire/ — Vmoto Limited (ASX: VMT) (Vmoto, or the Company) is proud to announce an important sponsorship agreement with the Ducati Corse as the official supplier of electric scooters in the paddock for the races of MotoGP and SBK in 2022-2023 seasons. This partnership underlines the excellence of a brand as… Continue reading Vmoto is the official supplier of electric scooters for Ducati Corse
Turkish Airlines named ‘Most Sustainable Flag Carrier Airline’ in World Finance awards
News provided by World News Media LONDON, July 5, 2022 /PRNewswire/ — The climate crisis presents great challenges for the aviation industry, and Turkish Airlines has demonstrated its dedication to green growth after being named a leader in sustainability. Turkish Airlines was crowned ‘Most Sustainable Flag Carrier Airline’ in World Finance’s Sustainability Awards 2022. In the… Continue reading Turkish Airlines named ‘Most Sustainable Flag Carrier Airline’ in World Finance awards
Rocket and Missiles Market to Reach $82.0 Billion, Globally, by 2031 at 4.2% CAGR: Allied Market Research
The increase in territorial conflicts, the rise in need for advanced rockets and missiles, and the surge in defense budget of emerging economies drive the growth of the global rocket and missiles market. PORTLAND, Ore., July 5, 2022 /PRNewswire/ — Allied Market Research published a report, titled, “Rocket and Missiles Market by Speed (Subsonic, Supersonic, Hypersonic), by Product (Cruise… Continue reading Rocket and Missiles Market to Reach $82.0 Billion, Globally, by 2031 at 4.2% CAGR: Allied Market Research
Northvolt raises $1.1 billion to support factory rollout plans in Europe
Northvolt today announced the signing of a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe to support the rapidly expanding demand for batteries. Investors participating in the capital raise were AMF, AP funds 1-4 (via the co-owned company 4 to 1 Investments), ATP, Ava Investors, Baillie… Continue reading Northvolt raises $1.1 billion to support factory rollout plans in Europe
@VW Group: Porsche Supercup tackles Silverstone with a 32-strong field005350
The race The decisive moment happened in the first few seconds: Dutchman Larry ten Voorde from Team GP Elite fluffed his start from pole position. This left the door open for Laurin Heinrich who grabbed his chance – the German won the sprint to the first corner in his Porsche 911 GT3 Cup fielded by… Continue reading @VW Group: Porsche Supercup tackles Silverstone with a 32-strong field005350
Creator Ventures Launches $20M First Fund
Creator Ventures, a London, UK-based venture capital firm investing in early-stage consumer-internet companies advancing how people interact, closed its first fund, at $20M. Investors in Creator Ventures include venture funds-of-funds, family offices and founders of unicorns, several creators and media personalities, and senior leaders from Kaletsky’s former employer, Bridgepoint. The fund will invest $100-500K first… Continue reading Creator Ventures Launches $20M First Fund