KEA retailer Ingka Group is spending 3 billion euros ($3.2 billion) through 2023 on new and existing stores, much of it to modify its trademark out-of-town outlets so they can double up as e-commerce distribution centres.
China's iron ore and steel markets are having to juggle several different and contradictory factors in trying to work out whether the current elevated prices are justified.
The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026.
Solar energy is the radiant energy emitted from the sun, which is harnessed by using various technologies such as solar heating, photovoltaic cells, and others. It is an efficient form of unconventional energy and a convenient renewable solution toward growing greenhouse emissions and global warming.
La entidad sin ánimo de lucro quiere que «el dinero de Euskadi siga en Euskadi», para «hacer país» y fortalecer a las empresas, y pretende promover obra social
Vitesco Technologies, a leading international provider of innovative drive technologies and solutions for electric mobility, intends to become even more powerful in organizational terms. At its meeting today, the Supervisory Board approved the company’s plans to bring together its four current business units - Electronic Controls, Electrification Technology, Sensing & Actuation, and Contract Manufacturing – into two completely reorganized units: the future divisions “Powertrain Solutions” and “Electrification Solutions”.
Regensburg, May, 2022. Vitesco Technologies, a leading international developer and manufacturer of cutting-edge drive systems for sustainable mobility, held its first Annual General Meeting (AGM) today. The AGM was held virtually due to the continuing COVID-19 pandemic.
Annual General Meeting expresses confidence in the Executive Board and Supervisory Board
Surging raw materials costs, made worse by Russia's invasion of Ukraine, could set back the dream of Tesla Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.
Rising prices of nickel, lithium, and other materials threaten to slow and even temporarily reverse the long-term trend of falling costs of batteries, the most expensive part of EVs, hampering the broader adoption of the technology, said Gregory Miller, an analyst at industry forecaster Benchmark Mineral Intelligence.
German carmaker Volkswagen has "sold out" of battery-electric vehicles in the United States and Europe, meaning new customers will have to wait until 2023 to get one.
VW Group CEO Herbert Diess told the Financial Times that the company's brands - which include Volkswagen, Porsche, Škoda and Audi - had a backlog of 300,000 orders for EVs in western Europe alone.
"We have very high order books and… order intake on electric vehicles,” Diess told the FT.
