Last week, Xometry celebrated its initial public offering, a huge milestone for the Maryland company that began 8 years ago with the ambitious mission of applying cutting-edge technologies to bring efficiency and speed to one of the largest and most important industries in the world: manufacturing. Given our strong conviction, we led Xometry’s $15M Series… Continue reading @BMW: Xometry IPO -Transforming custom manufacturing across the globe001269
Tag: Strategy
Nissan to cover partners’ costs even if their EV parts go unused
TOKYO — Nissan Motor plans to compensate parts makers that join with it in developing electric vehicles so as to share burdens and deepen collaborative relationships, Nikkei has learned. The Japanese automaker will bear the suppliers’ costs when they miss an order or postpone development, aligning itself with a global trend as emerging EV makers… Continue reading Nissan to cover partners’ costs even if their EV parts go unused
China tech crackdown wipes out billions from Didi, other US-listed cos
Didi Global Inc shares slumped as much as 25% in U.S. pre-market trade on Tuesday, ahead of its first session since Chinese regulators ordered the company’s app be taken down days after its $4.4 billion listing on the New York Stock Exchange. The ride-hailing giant’s app was ordered to be removed from mobile app stores in China on Sunday by… Continue reading China tech crackdown wipes out billions from Didi, other US-listed cos
@Daimler: Daimler India Commercial Vehicles Creates Transformation Management Office, Appoints Chief Transformation Officer
Transformation Management Office (TMO) to focus on four target areas; Drive maximum synergies, Steer digital transformation, Enhance customer service and Scale business offerings. Current CIO Mr. Chulanga Perera appointed ‘Chief Transformation Officer and Head of Strategy’, replacement CIO to be announced soon. Mr. Satyakam Arya, CEO & MD, DICV: “Now more than ever, companies need… Continue reading @Daimler: Daimler India Commercial Vehicles Creates Transformation Management Office, Appoints Chief Transformation Officer
Audi Selects Mobileum for Connected Car Testing and Monitoring
CUPERTINO, Calif., July 6, 2021 /PRNewswire/ — Mobileum Inc. (“Mobileum”), a leading global provider of analytics-based roaming and network services, risk management, and testing and monitoring solutions, is pleased to announce that Audi (AUDVF) is deploying Mobileum’s Connected Car Testing solution to test and monitor the end-to-end quality of service (QoS) of their connected cars and to… Continue reading Audi Selects Mobileum for Connected Car Testing and Monitoring
Carsome invests in Indonesian car auction firm PT Universal Collection
Southeast Asian used car trading platform Carsome announced that it has acquired a stake in PT Universal Collection, a Jakarta-based offline car and motorcycle auction service company. Financial details of the acquisition were not disclosed. The deal marks Carsome’s first investment in Southeast Asia this year and allows the integrated car e-commerce platform to double… Continue reading Carsome invests in Indonesian car auction firm PT Universal Collection
@VW Group: New functions and greater comfort: Volkswagen launches Over-the-Air Updates for the ID. family003388
Volkswagen is taking the next big step towards becoming a software-oriented mobility provider: from this summer, the brand will regularly send software updates “Over-the-Air” to models in its ID. family. This makes Volkswagen the first and only high-volume manufacturer to make this innovative technology available to its customers on a broad basis. The first model… Continue reading @VW Group: New functions and greater comfort: Volkswagen launches Over-the-Air Updates for the ID. family003388
Bugatti to launch EVs but also retain ICE power
Bugatti will diversify its line-up and usher in electrification following the signing of a partnership with EV specialist Rimac but will continue to offer internal combustion engines in the long-term. The ultra-exclusive French brand is now part of the Croatia-based Rimac Group, having partnered with Rimac Automobili to form new company Bugatti Rimac LLC. As part of this joint venture, Bugatti… Continue reading Bugatti to launch EVs but also retain ICE power
@Daimler: 20. May 2021Daimler Truck sets out ambitions as an independent company
May 20, 2021 – Daimler Truck sets out ambitions as an independent company. Today the management board presented strategic objectives, key financial targets and technological goals. Our mission as an independent company is clear: Our ambition is to lead the way to zero emissions in the trucking business by accelerating the development of battery and… Continue reading @Daimler: 20. May 2021Daimler Truck sets out ambitions as an independent company
Inside the industry: JLR chief Bolloré must strike a fine balance in rebooting Jaguar
Exciting, isn’t it, to get the first clues on the reinvention of Jaguar from CEO Thierry Bolloré? The promise of a unique brand positioning, a Range Rover-esque luxury philosophy and the internal design competition that achieved in three months what normally takes 18 all whet the appetite for what’s to come by 2025. But as… Continue reading Inside the industry: JLR chief Bolloré must strike a fine balance in rebooting Jaguar