Hyundai Motor Group is on its way toward an all-electric future by adopting a two-track strategy to deliver batteries for both electric and hydrogen fuel cell vehicles, hoping to expand its presence in the growing eco-friendly car market. Since July 2020, the automaker has shipped 46 Xcient trucks to Switzerland and is set to deliver… Continue reading World NM: (News Focus) Hyundai fuels hydrogen for zero-emission trucks001339
Tag: Strategy
Ford confirms two new flexible electric car architectures
Ford has announced it will develop two new flexible vehicle architectures. The first is a rear-wheel-drive/all-wheel-drive flexible architecture that will underpin future compact and full-size vehicles, including two and three-row SUVs, vans and pick-up trucks. The second scalable battery-electric vehicle platform will be for Ford’s next-generation large pick-up trucks and utility vehicles. Speaking at Ford’s… Continue reading Ford confirms two new flexible electric car architectures
Hyundai Motor Group Deepens Partnership with Grab to Accelerate EV Adoption in Southeast Asia
Hyundai Motor Group and Grab Holdings Inc. (Grab) today announced an enhancement of their ongoing strategic partnership in mobility services. Hyundai Motor Group and Grab have expanded their partnership to accelerate adoption of electric vehicles (EVs) in Southeast Asia Both parties to explore launching new EV business models including battery-as-a-service and EV financing to drive… Continue reading Hyundai Motor Group Deepens Partnership with Grab to Accelerate EV Adoption in Southeast Asia
Grab Releases First ESG Report; Announces Initiatives to Reduce Carbon Footprint
New carbon reduction measures include a carbon offset feature for ride-hailing services, and expanded EV partnership with Hyundai Motor Group First ESG report outlines the company’s progress to support socioeconomic empowerment and sustainable growth SINGAPORE, 22 June 2021 – Grab, Southeast Asia’s leading superapp, today announced new initiatives that reinforce its commitment to reduce carbon… Continue reading Grab Releases First ESG Report; Announces Initiatives to Reduce Carbon Footprint
Flex Releases its 2021 Sustainability Report
SAN JOSE, Calif., June 22, 2021 /PRNewswire/ — Flex (NASDAQ: FLEX) today released its 2021 sustainability report, summarizing the company’s calendar year 2020 sustainability performance and results against the Flex 20 by 2020 goals. The report demonstrates Flex’s commitment to sustainable manufacturing operations, providing a safe environment for employees, applying responsible business practices and contributing… Continue reading Flex Releases its 2021 Sustainability Report
Primer Raises $110M Series C
SAN FRANCISCO, June 22, 2021 /PRNewswire/ — Primer, the leading Natural Language Processing (NLP) firm, today announced the close of a $110M Series C round led by Lee Fixel’s Addition. New strategic investors include Steadfast, Sands Capital, and Hank Crumpton, former Ambassador-at-Large and US Coordinator for Counterterrorism. Existing investors Lux Capital, DCVC, Amplify Partners and… Continue reading Primer Raises $110M Series C
@Ford: Ford and Ford Fund to Support, Promote Responsible Mineral Sourcing Pilot Program to Empower, Assist Women
Ford and its philanthropic arm, Ford Fund, working with international partners to support and promote program that’s empowering women working in copper and cobalt supply chains in Democratic Republic of Congo Demand is increasing for these critical metals as the automotive industry electrifies more vehicles; region is a key supply site Program sets up education,… Continue reading @Ford: Ford and Ford Fund to Support, Promote Responsible Mineral Sourcing Pilot Program to Empower, Assist Women
Lordstown Motors evaluates strategic partners in funding search
By Ben Klayman New Delhi: Electric vehicle startup Lordstown Motors Corp is “evaluating strategic partners” as part of its search for funding needed to stay in operation, the company’s executive chair, Angela Strand, said on Monday. Lordstown Motors earlier this month warned it may not be able to continue as a “going concern” if it… Continue reading Lordstown Motors evaluates strategic partners in funding search
Hyundai, Kia and Grab to accelerate EV adoption in Southeast Asia
Hyundai Motor Group and Grab Holdings Inc have announced an enhancement of their ongoing strategic partnership in mobility services. The next phase of the partnership will focus on accelerating EV adoption in Southeast Asia. The Group, including Hyundai Motor Company and Kia Corporation which are the Group’s affiliates, and Grab will further develop new pilots and… Continue reading Hyundai, Kia and Grab to accelerate EV adoption in Southeast Asia
Ford Motor Co. hires former Renault exec Franck Louis-Victor to lead new businesses
A former Groupe Renault executive, Franck Louis-Victor, will join Ford Motor Co. on July 1 as vice president of new businesses, the Dearborn automaker announced Monday. His role is essential to developing and implementing a strategic plan for the Ford+ plan to create new value for customers and stakeholders, the company said in a news release. He will… Continue reading Ford Motor Co. hires former Renault exec Franck Louis-Victor to lead new businesses