ABB said it commits to electrifying its fleet of more than 10,000 vehicles by 2030. NEW DELHI: Engineering major ABB on Thursday said it has strengthened its commitment to reduce carbon emissions. On its way to reaching its ambitious science-based targets, the company commits to electrifying its vehicle fleet by 2030, sourcing 100 percent renewable… Continue reading ABB to electrify vehicle fleet, source 100% renewable electricity by 2030
Tag: Strategy
Realtime Robotics Raises $31.4M in Series A Funding
Realtime Robotics, a Boston MA-based company which specializes in autonomous motion planning for industrial robots, raised $31.4M in Series A funding. New strategic investors including HAHN Automation and SAIC Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures, joined existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures… Continue reading Realtime Robotics Raises $31.4M in Series A Funding
GWM’s Building of Hydrogen Industry Ecology Boosts New Energy Revolution
At present, the global economy and energy industry are ushering in the “decarbonization era”, and saving energy and protecting the environment has become a global trend. In this context, hydrogen energy is regarded as the clean energy with the most development potential in the 21st century. Following this trend, GWM is striving to break core… Continue reading GWM’s Building of Hydrogen Industry Ecology Boosts New Energy Revolution
World NM: Japan Puts All Chips on the Table to Lure Semiconductor-Makers001299
Japan will pull out every policy stop to court overseas semiconductor companies, including offering generous financial incentives, under a draft growth strategy released Wednesday. Taiwan accounts for more than 90% of the global output capacity for smartphone and other advanced chips using 10-nanometer or smaller technology. Japan also plans to coordinate with countries and regions… Continue reading World NM: Japan Puts All Chips on the Table to Lure Semiconductor-Makers001299
SoftBank Vision Fund may deploy over $4b in Indian tech bets this year
“In India, we’ve already invested more than $2 billion in 8-9 companies in the first five months of this year…a few deals are yet to be announced. And we will continue to invest if we find the right opportunities. We anticipate investing a similar size in the remainder of this year,” SoftBank Vision Fund CEO… Continue reading SoftBank Vision Fund may deploy over $4b in Indian tech bets this year
CVC Capital Partners invests in Japanese streetwear brand A Bathing Ape
CVC Capital Partners has completed an investment in Japanese streetwear brand A Bathing Ape (BAPE) after the brand became an independent company from Hong Kong fashion retailer I.T Limited, according to a statement. The investment follows the successful privatisation of I.T Limited by Brooklyn Investment Limited, owned by CVC Capital Partners Asia V Limited and… Continue reading CVC Capital Partners invests in Japanese streetwear brand A Bathing Ape
$ 2.9 Bn growth expected in Global Drayage Services Market during 2021-2025 | Evolving Opportunities with PLS Logistics and ITS ConGlobal | Technavio
NEW YORK, June 3, 2021 /PRNewswire/ — The global drayage services market is set to grow by USD 2.90 billion during 2021-2025, according to the latest market research report by Technavio. The market is expected to witness a 1.49% YOY growth in 2021 and register a CAGR of 2% during the forecast period. The drayage services market… Continue reading $ 2.9 Bn growth expected in Global Drayage Services Market during 2021-2025 | Evolving Opportunities with PLS Logistics and ITS ConGlobal | Technavio
BRP Announces Election of Directors and Board Committee Composition
VALCOURT, QC, June 3, 2021 /PRNewswire/ – BRP Inc. (TSX: DOO) (NASDAQ: DOOO) held earlier today its annual meeting of shareholders in a virtual-only format. The meeting was broadcasted via live webcast. The webcast will be available shortly on BRP’s website at www.brp.com. During the meeting, the Company acknowledged the departure from the Board of… Continue reading BRP Announces Election of Directors and Board Committee Composition
@GM: GM to Increase Vehicle Deliveries to Customers in U.S., Canada June 3, 2021
GM expects its first-half results will be significantly better than prior guidance and the company is optimistic about the full year DETROIT – Today, General Motors outlined steps it is taking to increase deliveries to dealers and customers in the United States and Canada to meet strong consumer demand for Chevrolet, Buick, GMC and Cadillac vehicles. Production of the Chevrolet Silverado HD… Continue reading @GM: GM to Increase Vehicle Deliveries to Customers in U.S., Canada June 3, 2021
Ford-owned Spin shakes up scooter business with new CEO, e-bikes and city strategy
Spin, the Ford-owned micromobility operator, has added a new CEO, launched a new strategy to capture market share and announced a plan to get back into bike share, although this time with an electric twist. The flurry of moves suggest that Spin is still trying to figure out the best path forward to push past… Continue reading Ford-owned Spin shakes up scooter business with new CEO, e-bikes and city strategy