Mercedes-Benz

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024
EVS, Scania AB, Toyota, Air pollution, General Motors, Greenhouse, EQT, Growth, NMC, Climate change, Augmented reality, Tesla, Inc., Software, Paccar, EV, Transport, BYD, Dongfeng Motor Corporation, Mercedes-Benz Group, European, GVWR, Volvo, T5, Partnership, Original equipment manufacturer, Safety, City, Dongfeng, Peterbilt, Mercedes-Benz, CO2, FCEV, Bev, USD, ECV, MAN Truck & Bus, Ford Motor Company, Government, Metrobus, Infrastructure, Kenworth, Workhorse Group, Rail transport

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024
EVS, Scania AB, Toyota, Air pollution, General Motors, Greenhouse, EQT, Growth, NMC, Climate change, Augmented reality, Tesla, Inc., Software, Paccar, EV, Transport, BYD, Dongfeng Motor Corporation, Mercedes-Benz Group, European, GVWR, Volvo, T5, Partnership, Original equipment manufacturer, Safety, City, Dongfeng, Peterbilt, Mercedes-Benz, CO2, FCEV, Bev, USD, ECV, MAN Truck & Bus, Ford Motor Company, Government, Metrobus, Infrastructure, Kenworth, Workhorse Group, Rail transport

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Mercedes-Benz HPC North America President & CEO Andrew Cornelia to Highlight Future of EV Charging at Industry-Leading Summit

Retrieved on: 
Friday, March 1, 2024
HPC, EV, Investment, Transport, Safety, MN8, BlueDot, Head, Mercedes-Benz, LAS, Path, Institute of Management Accountants, Partnership, Video game

LAS VEGAS, March 1, 2024 /PRNewswire/ -- Andrew Cornelia, President and CEO of Mercedes-Benz HPC North America, will headline the upcoming EV Charging Summit & Expo (Mar. 20-22 in Las Vegas) with a Mar. 21 keynote address entitled, "The Path Forward: A New Phase of EV Charging." Cornelia, a recognized leader in the EV charging sector, will explore the industry's transition into a new era focused on the quality, speed, and reliability of EV charging infrastructure. 

Key Points: 
  • 20-22 in Las Vegas) is North America's largest EV charging infrastructure event
    LAS VEGAS, March 1, 2024 /PRNewswire/ -- Andrew Cornelia, President and CEO of Mercedes-Benz HPC North America, will headline the upcoming EV Charging Summit & Expo (Mar.
  • Cornelia, a recognized leader in the EV charging sector, will explore the industry's transition into a new era focused on the quality, speed, and reliability of EV charging infrastructure.
  • Cornelia stands at the forefront of the EV charging industry as the President and CEO of Mercedes-Benz HPC North America.
  • "The launch of Mercedes-Benz HPC North America's new charging network is a major event in the EV charging industry," said Luke Vinci, president of MVP Media Network, which hosts the EV Charging Summit & Expo.

Valens Semiconductor Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024
CFO, EV, AI, Education, Annual report, Traction, EMC, ADAS, Table, Videotelephony, Valens Semiconductor, JASPAR, GAAP, Mercedes-Benz, Family, HOD, Finance, Electromagnetic compatibility, Environment, VLN, Immunity, Intel, Bank statement, Partnership, Video game

HOD HASHARON, Israel, Feb. 28, 2024 /PRNewswire/ -- Valens Semiconductor Ltd. (NYSE: VLN), a leader in high-performance connectivity, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Fourth quarter revenues reached $21.9 million, and net income was $2.8 million; Full year 2023 revenues reached $84.2 million with automotive revenues reaching an annual record high
    HOD HASHARON, Israel, Feb. 28, 2024 /PRNewswire/ -- Valens Semiconductor Ltd. (NYSE: VLN), a leader in high-performance connectivity, today reported financial results for the fourth quarter and full year ended December 31, 2023.
  • "Valens Semiconductor demonstrated both its resilience and innovation in 2023.
  • Fourth quarter 2023 revenues reached $21.9 million, compared to $23.5 million in the fourth quarter of 2022
    - GAAP gross margin was 61.7% for the fourth quarter 2023 (non-GAAP gross margin was 63.1%).
  • Valens Semiconductor will host a conference call today, Wednesday, February 28, 2024, at 8:30 a.m. Eastern Time (ET) to discuss its fourth quarter and full year 2023 financial results and business outlook.

Standard Motor Products Releases 118 Numbers in February Announcement

Retrieved on: 
Tuesday, February 27, 2024
Ignition, Kia Rio, Subaru, Electromagnetic coil, Standard, F-150, General Motors, Senior, Marketing, Subaru Outback, OE, Injector, ABS, Fuel injection, Growth, ICE, Catalog, Automatic parking, Wheel speed sensor, Control, Ford Transit, Mitsubishi Group, EGR, Ford, Mercedes-Benz, Jeep, Hyundai Palisade, Hyundai Santa Fe, SUV, Kia, Hyundai, Lexus, Automotive industry

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Standard Motor Products, Inc. (SMP®) is pleased to announce the introduction of 118 new part numbers in its February new number announcement. This recent release provides new coverage in 57 distinct product categories and 55 part numbers for 2023 and 2024 model-year vehicles.

Key Points: 
  • This recent release provides new coverage in 57 distinct product categories and 55 part numbers for 2023 and 2024 model-year vehicles.
  • Standard® introduced VVT Sprockets for Subaru, Hyundai and Kia vehicles through 2023 and VVT Solenoids for Mitsubishi vehicles through 2022.
  • Electronic vehicle safety systems become more complex with each passing year, and Standard® is committed to releasing new coverage in these high-tech categories.
  • When OE fails, technicians can trust Standard® for the highest-quality and best-performing parts available."

Newsweek Names Mercury Insurance one of its 2024 America's Greatest Workplaces for Diversity

Retrieved on: 
Tuesday, February 27, 2024
Interface (computing), LOS, Mercury General, Thought, Nike, Insurance, HR, Inclusion, Mercedes-Benz, Equity, Mercury, Workforce, Microsoft, DNA, Walt Disney

LOS ANGELES, Feb. 27, 2024 /PRNewswire/ -- Mercury Insurance has been named by Newsweek, in conjunction with market data research firm Plant-A Insights, as one of America's Greatest Workplaces for Diversity for 2024. Companies were judged on criteria including competitive salaries, growth opportunities compared with other employers, work-life balance and non-discriminatory hiring practices. Mercury is one of only 16 companies in the Mid-Size Insurance Underwriting category (1,000 to 4,999 employees) nationally, and one of two based in California. By way of comparison, there are 5,929 insurance companies in total in the United States.

Key Points: 
  • Award Recognizes Mercury's Foundational Embrace of Diversity, Equity and Inclusion
    LOS ANGELES, Feb. 27, 2024 /PRNewswire/ -- Mercury Insurance has been named by Newsweek, in conjunction with market data research firm Plant-A Insights, as one of America's Greatest Workplaces for Diversity for 2024.
  • Mercury is one of only 16 companies in the Mid-Size Insurance Underwriting category (1,000 to 4,999 employees) nationally, and one of two based in California.
  • "We're honored to be included on the 2024 Newsweek list," stated Heidi Sullivan, Vice President, Chief Human Capital Officer for Mercury.
  • Across these categories, Mercury stands alongside a wide range of renowned companies on the Diversity 2024 list, including Google, Walt Disney, Nike, Microsoft and Mercedes-Benz.

Jungheinrich Selects Icertis to Drive Enterprise Transformation with Contract Intelligence

Retrieved on: 
Tuesday, February 27, 2024
Synovial joint, Icertis, ICI, Commerce, Risk, Referent, Mercedes-Benz, Lufthansa, CLM, Corporation, Ferring Pharmaceuticals

FRANKFURT, Germany, Feb. 27, 2024 /PRNewswire/ -- Icertis, the global leader in AI-powered contract intelligence company, today announced that Jungheinrich has selected Icertis Contract Intelligence (ICI) to modernize its contract processes. The seamless integration between SAP S/4HANA, SAP Subscription Billing, and the AI-powered, enterprise-grade platform from Icertis will enable Jungheinrich's team to accelerate negotiations by standardizing, automating, and streamlining contract management. The company will also leverage Icertis NegotiateAI to improve outcomes and mitigate risk by surfacing insights across high-volume contracts.

Key Points: 
  • FRANKFURT, Germany, Feb. 27, 2024 /PRNewswire/ -- Icertis , the global leader in AI-powered contract intelligence company, today announced that Jungheinrich has selected Icertis Contract Intelligence (ICI) to modernize its contract processes.
  • As a global provider of sustainable material handling products and intralogistics solutions, Jungheinrich is undergoing an enterprise-wide digital transformation.
  • "Icertis Contract Intelligence gives us a holistic view of the contract lifecycle and streamlines our contract creation process for optimal outcomes."
  • As the leader of the burgeoning $30 billion CLM market 1, Icertis introduced the first generative AI Copilots for enterprise contract management and continues to transform the foundation of commerce through contracts for customers like Jungheinrich.

JDS Development Group and Mercedes-Benz announce the launch of Mercedes-Benz Places in Miami

Retrieved on: 
Monday, February 26, 2024
Bauhaus, SHoP Architects, Philosophy, EV, Light, Regeneration, Architecture, Intelligence, Atlantic Ocean, Nature, JDS Development Group, Symbiosis, Health, JDS, Tree, Mercedes-Benz, Water, Automotive industry

MIAMI and STUTTGART, Germany, Feb. 26, 2024 /PRNewswire/ -- JDS Development Group, a US-based real-estate company, and Mercedes-Benz reveal Mercedes-Benz Places in Miami.

Key Points: 
  • MIAMI and STUTTGART, Germany, Feb. 26, 2024 /PRNewswire/ -- JDS Development Group, a US-based real-estate company, and Mercedes-Benz reveal Mercedes-Benz Places in Miami.
  • This visionary tower is being developed by JDS Development Group, the company behind some of the world's most transformative skyscrapers of the past decade.
  • This crucial part of our brand was the inspiration for the architecture of this extraordinary new Mercedes-Benz Places landmark in Miami."
  • As JDS Development Group and Mercedes-Benz work together, Mercedes-Benz Places in Miami will emerge as a symbol of excellence, innovation, and a timeless presence in Miami.

The Patina Collective to Feature 20 Rare Vehicles from the Youngtimers Era at The Amelia Cars and Caffeine - Saturday March 2, 2024 - 9am - 1pm

Retrieved on: 
Wednesday, February 21, 2024
Collection, AMG, Golf club, The Ritz-Carlton Hotel Company, Mercedes-Benz, SGS, Lorinser, Car, Knowledge, Brabus

AMELIA ISLAND, Fla., Feb. 21, 2024 /PRNewswire/ -- The Patina Collective, the largest private collection of Mercedes in the world, will be showcasing a sample of more than 20 cars from their collection, most of which have never been seen by the general public, at The Amelia Cars and Caffeine to be held on Saturday, March 2 from 9am - 1pm. The event is located at the Golf Club of Amelia Island at the Ritz Carlton.

Key Points: 
  • The world's largest Mercedes collection showcases "The Patina Collective" at The Amelia Cars and Caffeine.
  • The event is located at the Golf Club of Amelia Island at the Ritz Carlton.
  • The collection features Youngtimer Mercedes-Benz specific cars predominantly from the 1980's and 1990's, highlighting the renaissance period of coach building companies.
  • The Founders and team of the Patina Collective will be on hand to share their knowledge and expertise on the Youngtimer period.

The Agency Expands Global Reach with New Office in Jamaica

Retrieved on: 
Wednesday, February 21, 2024
Cayman Islands, Professional, Land Rover, Culture, Chartered Surveyor, University, History, WSJ, Partner, Turks and Caicos Islands, Social media, Rookie of the Year, Bachelor, Ethics, Marketing, The New York Times, Eye, Law school, Swanepoel, Management, Financial Times, Royal Institution, Human resource management, TCI, Brand management, University College Dublin, Dow Jones & Company, BMW, Mercedes-Benz, Industrial and organizational psychology, Coldwell, University of Cape Town, Brighton College, Unit, Partner (business rank), Real estate

LOS ANGELES, Feb. 21, 2024 /PRNewswire-PRWeb/ -- Global real estate brokerage The Agency proudly announces the launch of its new office in Jamaica. The new locale, which will be known as The Agency Jamaica, is the firm's first office in the country of Jamaica, joining the brokerage's growing network of offices in the U.S., Canada, Mexico, Central America, the Caribbean, and Europe. The office will be led by accomplished industry veterans Matthew 'Taff' Stevenson, Rebecca Stevenson, Sean O'Neill, and Ian Hurdle who will all serve as Managing Partners, as well as David Thwaites, who will serve as Managing Broker. The Agency has several offices throughout the Caribbean including in Turks & Caicos, The Bahamas, The Cayman Islands, and the Dominican Republic.

Key Points: 
  • LOS ANGELES, Feb. 21, 2024 /PRNewswire-PRWeb/ -- Global real estate brokerage The Agency proudly announces the launch of its new office in Jamaica.
  • Taff Stevenson is a dynamic force in the real estate world, currently leading the charge as Managing Partner at The Agency Jamaica.
  • Now, as Managing Partner of The Agency Jamaica, Rebecca is not just a real estate expert with ten years of experience.
  • The Agency's office in Jamaica will be located at Unit 15A, 9-11 Phoenix Avenue Kingston JM KGN 10.