Volkswagen has set up strict testing standards for the EV battery to pursue outstanding product quality and safety management. The standard covers scenarios of a battery’s overall lifetime operation and various applications, and features higher requirements in terms of reliability, testing cycles, testing environments and the number of test samples in comparison with global industry… Continue reading CATL becomes the first cell manufacturer received Volkswagen Group’s test lab qualification certificate in the world
Tag: Strategy
China Digest: DCM, Lightspeed back oral care brand BOP; Genskey bags $15m
Oral care brand BOP has closed a 160 million yuan ($25 million) Series B funding round led by DCM, while genetic testing and diagnostics startup Genskey has raised 100 million yuan ($15 million) in a Series C+ round. DCM, Lightspeed back oral care brand BOP Oral care brand BOP has pocketed 160 million yuan ($25… Continue reading China Digest: DCM, Lightspeed back oral care brand BOP; Genskey bags $15m
Mercantile & Maritime appoints new Chief Financial Officer
SINGAPORE, June 1, 2021 /PRNewswire/ — The Mercantile & Maritime Group has announced the appointment of Sergey Geller, who joined the team as Head of Russia and CEE in Autumn 2020, as its new Chief Financial Officer. Sergey has more than 15 years of corporate and investment banking experience working across North and Central America,… Continue reading Mercantile & Maritime appoints new Chief Financial Officer
7-Eleven Charges Forward with Installation of 500 Electric Vehicle Ports by End of 2022, Providing Convenient Charging Options that Drive a More Sustainable Future
7-Eleven announced a goal of building 500 Direct Current Fast Charging (DCFC) ports at 250 select stores by 2022. Tweet this Owned and operated by 7-Eleven, the new DCFC ports will increase convenient charging options for EV drivers by adding to the company’s existing 22 charging stations located at 14 stores in four states. Once… Continue reading 7-Eleven Charges Forward with Installation of 500 Electric Vehicle Ports by End of 2022, Providing Convenient Charging Options that Drive a More Sustainable Future
Opposition to CN-KCS’ Proposed Use of Voting Trust Builds as Stakeholders Voice Anticompetitive and Other Concerns
More than 130 Letters Urge STB to Reject CN’s Use of a Voting Trust CP Remains Confident in Superior Status as Only Viable Class 1 Combination with KCS CALGARY, AB, June 1, 2021 /PRNewswire/ – Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) (“CP”) today announced that more than 130 stakeholders have filed statements with… Continue reading Opposition to CN-KCS’ Proposed Use of Voting Trust Builds as Stakeholders Voice Anticompetitive and Other Concerns
Standard Motor Products, Inc. Announces Acquisition of Trombetta
NEW YORK, June 1, 2021 /PRNewswire/ — Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, announced today that it has acquired 100% of the capital stock of Trumpet Holdings, Inc., a Delaware corporation (more commonly known as “Trombetta”), for $108 million, subject to certain post-closing adjustments. Trombetta is a worldwide leader… Continue reading Standard Motor Products, Inc. Announces Acquisition of Trombetta
Stewart Douglas Elected Vice President and Chief Information Officer
BERWYN, Pa., June 1, 2021 /PRNewswire/ — AMETEK, Inc. (NYSE: AME) today announced that its Board of Directors has elected Stewart Douglas as Vice President and Chief Information Officer, following the retirement of Ken Weirman who held the same position since joining AMETEK in 2010. “We are pleased to announce Stewart’s promotion to this important role,… Continue reading Stewart Douglas Elected Vice President and Chief Information Officer
Ten CEOs join Movin’On governance and come together to accelerate co-innovation and concrete solutions for sustainable mobility
MONTREAL, June 1, 2021 /PRNewswire/ — On the occasion of the opening of the World Summit for Sustainable Mobility on June 1st, 2021, Movin’On announces setting up a shared governance, created to amplify and accelerate its action on a global scale. Movin’On is convinced that no single actor will be able to meet alone the immense… Continue reading Ten CEOs join Movin’On governance and come together to accelerate co-innovation and concrete solutions for sustainable mobility
Continental Promoting Digitalization, Transformation and Sustainability by Means of and within ContiTech
Philip Nelles, head of ContiTech: “Sustainability is equally chance and key driver for innovation – for new and completely changed business models.” Paving the way to future viability: Driving digitalization of products and processes, expand services, focus on profitable growth fields Setting regional priorities: Leveraging growth potential, especially in Asia Intensify digitalization of factories worldwide:… Continue reading Continental Promoting Digitalization, Transformation and Sustainability by Means of and within ContiTech
Elon Musk explains why Tesla keeps increasing prices
Elon Musk has finally given an explanation as to why Tesla keeps increasing Model 3 and Model Y prices. The reason is simple: Costs are increasing. Since the beginning of the year, Tesla had notably adopted a strange pricing strategy that puzzled people following the automaker. While Tesla has been no stranger to frequent price… Continue reading Elon Musk explains why Tesla keeps increasing prices