Albert Biermann, President and Head of R&D Division, commented, “I am immensely proud of the achievements of the Hyundai Motor Group in 2021. It has been a challenging year in various ways, but our enthusiasm and commitment to provide excellent products for our customers has paid off, and every single one of these awards will… Continue reading Pioneering New EVs Lead Hyundai Motor Group’s Record Number of Global Awards in 2021
Tag: Strategy
Harris unveils plan for electric vehicle charging network
Vice President Kamala Harris charges an electric vehicle in one of the charging stations during her tour of the Brandywine Maintenance Facility in Prince George’s County, Md., highlighting the electric vehicle investments in the bipartisan infrastructure law and the “Build Back Better Act” Monday, Dec. 13, 2021. (AP Photo/Manuel Balce Ceneta) WASHINGTON: The Biden administration… Continue reading Harris unveils plan for electric vehicle charging network
Flipkart, Walmart invest further $145m in Indian fresh produce supply startup Ninjacart
Flipkart and Walmart have announced a $145-million joint strategic investment in Bengaluru-based fresh produce supply startup Ninjacart, the company said in a statement on Monday. The latest capital infusion marks the third round of investment by Flipkart and Walmart into the startup. Flipkart and Walmart had previously invested in Ninjacart in 2019 and 2020. With… Continue reading Flipkart, Walmart invest further $145m in Indian fresh produce supply startup Ninjacart
@GM: General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S.
General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. 2021-12-09 Rare earth materials sourced from Mountain Pass, California, will be manufactured into magnets at new MP Materials production facility in Fort Worth, Texas Rare earth magnets are critical components in GM Ultium Platform EV… Continue reading @GM: General Motors and MP Materials Enter Long-Term Supply Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S.
@GM: General Motors and Vacuumschmelze (VAC) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth
General Motors and Vacuumschmelze (VAC) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth 2021-12-09 DETROIT – General Motors (NYSE: GM) is taking another major step forward in creating a strong, sustainable and scalable supply chain for electric vehicles. Today, GM and VAC of Germany announced plans for VAC to… Continue reading @GM: General Motors and Vacuumschmelze (VAC) Announce Plans to Build a New Magnet Factory in the U.S. to Support EV Growth
The Station: Intel eyes an IPO for Mobileye and how Elon influenced Autopilot
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. This… Continue reading The Station: Intel eyes an IPO for Mobileye and how Elon influenced Autopilot
Sigma Lithium Upsizes Previously Announced Private Placement by 42% to C$85 million
VANCOUVER, BC, Dec. 13, 2021 /PRNewswire/ — Sigma Lithium Corporation (NASDAQ: SGML, TSXV: SGML) (“Sigma” or the “Company”) is pleased to announce that, owing to strong global investor interest, it has increased the size of its previously announced non-brokered private placement of common shares (the “Offering”) by approximately 42% to C$85 million. The Company now intends to issue… Continue reading Sigma Lithium Upsizes Previously Announced Private Placement by 42% to C$85 million
MingZhu Logistics to Expand into Commercial Liquor Distribution
SHENZHEN, China, Dec. 13, 2021 /PRNewswire/ — MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (MingZhu or the Company), a leading trucking service provider, today announced that it intends to expand into the commercial liquor distribution market given the synergies and adjacency to its existing business. The Company intends to cooperate with a China-based distributor of Baijiu and other… Continue reading MingZhu Logistics to Expand into Commercial Liquor Distribution
Forrester Report: ‘NVIDIA GPUs Are Synonymous With AI Infrastructure’
In an evaluation of enterprise AI infrastructure providers, Forrester Research Monday recognized NVIDIA as a leader in AI infrastructure. The “Forrester Wave™: AI Infrastructure, Q4 2021” report states that “NVIDIA’s DNA is in every other AI infrastructure solution we evaluated. It’s an understatement to say that NVIDIA GPUs are synonymous with AI infrastructure.” “Reference customers… Continue reading Forrester Report: ‘NVIDIA GPUs Are Synonymous With AI Infrastructure’
@VW Group: Volkswagen Group creates European company for its battery business004349
Volkswagen establishes a European company (Société Européenne) to consolidate activities along the value chain for batteries – from processing raw materials to developing a unified Volkswagen battery to managing the European gigafactories. The company’s scope will include new business models based around reusing discarded car batteries and recycling the valuable raw materials they contain. The… Continue reading @VW Group: Volkswagen Group creates European company for its battery business004349