Glovo adapts new law Several media including CincoDías (in Spanish) reported that the Spanish delivery platform, Glovo, will hire 2,000 distributors there in 2021. Glovo will adapt its operations to […]
Honda executed early retirement program Several media reported that more than 2,000 employees at Honda Motor applied for early retirement amid. Honda’s initiative implies how serious electrification in the automotive […]
Volkswagen expands capability as mobility service provider According to the official page, Volkswagen is going to acquire Europcar. Volkswagen is one of the world’s leading automakers and a leader in […]
Entering US market was a big factor According to its blog, Wallbox, a Spanish EV charger maker, realized strong growth in 2021. Enric Asunción, CEO and co-founder of Wallbox, explained […]
Xiaomi updates its history According to the official page, Canalys, the leading global market research firm, launched its Q2 global smartphone market report. In the report, Xiaomi took second place […]
JV between two South Korean companies Based on a joint statement between Hyundai Motor Group and LG Energy Solution, they will work together. More specifically, two companies will establish an […]
Strong increase of sales and profit in CE According to its investor relations, Samsung shows the strong increase of both sales and profit, especially in Consumer Electronics.More specifically, sales in […]
Tesla realized strong growth of both sales and profit Several media including BBC reported that Tesla increased its profits in Q2 2021. Especially, company’s sales rose to $12bn in the […]
ABB acquires ASTI Mobile Robotics Group According to its official press release, Swedish engineering giant ABB bought ASTI Mobile Robotics Group (ASTI) in Spain. The Spanish company is the global […]
Mercedes-Benz go all-electric by the end of the decade According to its press release, Daimler, the parent company of Mercedes-Benz, announced that Mercedes will go all-electric. There are several highlights […]
Netflix expands into games According to its letter to investors, Netflix reveals its intention to expand into games. At first, based on the statement, the American technology giant focuses on […]
The 3rd location of VW’s gigafactories The Volkswagen Group announced that the Group intended to make Spain a strategic pillar of its global electrification plans. In the New Auto Strategy […]
Technological advancements improve our health BBC reported the topic “Should we trust big tech with our health data?” in July 2021. This topic becomes more important and gains more attention […]
Chip Shortage continues Several media including BBC (https://www.bbc.com/news/business-58266794) reported that Toyota Corporation will reduce its production by 40% in September. This is because the global chip shortage affects not only […]
$5.2bn investment for four years Several media including TechCrunch reported that South Korea’s LG Chem would invest in $5.2bn over the next four years. The investment aims to build out […]
Battery production with Gotion High-Tech at Salzgitter According to its press release, Volkswagen Group and Gotion High-Tech Co., Ltd. deepen their partnership. Based on a shareholding agreement in May 2020, […]
