HAIFA, Israel, Aug. 12, 2021 /PRNewswire/ — Elbit Systems Ltd. (the “Company”) (NASDAQ: ESLT) (TASE: ESLT), the international high technology company, reported today its consolidated results for the quarter ended June 30, 2021. In this release, the Company is providing US-GAAP results as well as additional non-GAAP financial data, which are intended to provide investors a more… Continue reading Elbit Systems Reports Second Quarter 2021 Results
Tag: Strategy
Eaton develops suite of 48V technologies to meet stringent new emission norms
Power management company Eaton has developed a 48V technology series through its Vehicle Group. This technology supports on/off highway commercial vehicle customers to convert the existing 12/24V vehicle system to a system that includes a 48V architecture. 48V systems can power new, advanced energy-saving components, reducing emissions and improving fuel economy and performance. Ben Karrer, head… Continue reading Eaton develops suite of 48V technologies to meet stringent new emission norms
St Kitts and Nevis Cricket Team Partners with Sports Blockchain Platform Reiterating the Nation’s Innovative Approach to Digital Assets
LONDON, Aug. 12, 2021 /PRNewswire/ — In a monumental move, the St Kitts and Nevis Patriots – a cricket team in the Caribbean Premier League – has partnered with a fan-first sports platform developed on blockchain known as Ragefan. The partnership involves a multi-year strategic collaboration that will boost fan engagement by launching fan tokens… Continue reading St Kitts and Nevis Cricket Team Partners with Sports Blockchain Platform Reiterating the Nation’s Innovative Approach to Digital Assets
@Hyundai: Kia360 reopens in Seoul as immersive space for experiencing future mobility solutions, lifestyles
Kia360 reopens in Seoul to showcase company’s innovative future mobility solutions and lifestyle offerings following new brand strategy in early 2021 The stylish, spacious building invites visitors to experience sustainable future mobility offerings by Kia via interactive contents and displays With a mission to empower customers with its inspiring movements, Kia will continue to develop… Continue reading @Hyundai: Kia360 reopens in Seoul as immersive space for experiencing future mobility solutions, lifestyles
XCMG Technician College to Partner with German Institutions to Launch “Blue Sea Elite” Young Technicians Training Program
“In accordance with Germany’s standards in construction machinery technician education, the Program will establish an integrated talent training system to include vocational training certification, curriculum convergence, teaching model, faculty training and evaluation/assessment to promote the continuous improvement of talent cultivation to create a reserve of talents for XCMG’s main global development strategy,” said Feng Yuehong,… Continue reading XCMG Technician College to Partner with German Institutions to Launch “Blue Sea Elite” Young Technicians Training Program
TechnologyLordstown eyes contract manufacturing, leasing space at its Ohio plantAugust 11, 2021
A “Ride With Lordstown” sign is seen outside the Lordstown Assembly Plant in Lordstown, Ohio, U.S., June 21, 2021. REUTERS/Rebecca Cook/File Photo DETROIT, Aug 11 (Reuters) – Lordstown Motors Corp (RIDE.O), which previously warned it needs to raise additional funding, hung the “open for business” sign on its northeastern Ohio plant on Wednesday, saying it… Continue reading TechnologyLordstown eyes contract manufacturing, leasing space at its Ohio plantAugust 11, 2021
Lordstown Motors pivots to renting space at former GM factory
Lordstown Motors is looking to essentially loan out some space at the massive former General Motors factory it owns, as the troubled startup gets closer to building its first production-quality Endurance pickup trucks later this year. Interim CEO Angela Strand shared Wednesday that Lordstown is in “serious discussions… with several potential partners” who may build… Continue reading Lordstown Motors pivots to renting space at former GM factory
Schaeffler intends to sell global chain drive business
2021-08-11 | Herzogenaurach Private equity fund advised by the DUBAG Group commits to take over nine sites with 560 employees New owner intends to use growth potential and expand market position Previous Schaeffler management team will move to the new company Intended sale underlines focus on new technologies in Schaeffler’s Automotive Technologies division The global… Continue reading Schaeffler intends to sell global chain drive business
Road Rage, ‘Zipper Merging’ and a Stress-Free Path Through Traffic
You’re approaching a construction zone and a sign tells you the left lane will end several miles ahead. Traffic is heavy, but you see an opening and move to the right lane. As you inch along, drivers to your left keep zipping by. Miles ahead, you finally reach the merge point and the left-lane drivers… Continue reading Road Rage, ‘Zipper Merging’ and a Stress-Free Path Through Traffic
Lordstown will deliver its Endurance truck to “selected early customers” early next year
The beleaguered EV startup Lordstown Motors is on-track to begin production of its flagship electric truck Endurance, but only select customers will begin to receive vehicles early next year, executives said during a second quarter earnings call. Executives struck a cautious tone in the second-quarter earnings call as they tried to assuage shareholder concerns and… Continue reading Lordstown will deliver its Endurance truck to “selected early customers” early next year