General Motors

Mike Heifler joins Adient as vice president of Investor Relations and Strategy

Retrieved on: 
Tuesday, March 19, 2024
BorgWarner, MBA, Rutgers University, General Motors, CFO

PLYMOUTH, Mich., March 19, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, announced that Mike Heifler has joined the company as vice president of Investor Relations and Strategy, effective March 18, 2024.

Key Points: 
  • PLYMOUTH, Mich., March 19, 2024 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, announced that Mike Heifler has joined the company as vice president of Investor Relations and Strategy, effective March 18, 2024.
  • Heifler joins Adient from PHINIA, a recent spin-off from BorgWarner, where he was vice president of Investor Relations.
  • Prior to joining PHINIA, Heifler led Investor Relations at General Motors.
  • Heifler earned an MBA in Finance from New York University and a bachelor's degree in Management from Rutgers University.

Nel ASA: Receives additional USD 75 million in support for Michigan facility

Retrieved on: 
Wednesday, March 13, 2024
Hydrogen, College, NEL, Macomb Community College, Ministry of Energy, Engineering education, PEM, Workforce, Primary energy, Lieutenant, USD, DOE, General Motors, Renewable energy

OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel's next electrolyser production facility in Michigan.

Key Points: 
  • OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel's next electrolyser production facility in Michigan.
  • On 13 March, the Department of Energy announced that they have granted Nel USD 50 million in direct investment support for the company's planned new US gigafactory and workforce development initiatives in the Detroit region.
  • In parallel, the state of Michigan awarded USD 25 million in direct investment support to lead the nation in the clean energy transition.
  • Nel has previously been awarded approximately USD 50 million from the state of Michigan in support of this electrolyser production facility (see the press release issued on 8 July 2023).

Nel ASA: Receives additional USD 75 million in support for Michigan facility

Retrieved on: 
Wednesday, March 13, 2024
Hydrogen, College, NEL, Macomb Community College, Ministry of Energy, Engineering education, PEM, Workforce, Primary energy, Lieutenant, USD, DOE, General Motors, Renewable energy

OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel's next electrolyser production facility in Michigan.

Key Points: 
  • OSLO, Norway, March 13, 2024 /PRNewswire/ -- Nel ASA (Nel) (OSE: NEL) - The US Department of Energy (DOE) and the state of Michigan have awarded a collective USD 75 million in cash incentives and grants for Nel's next electrolyser production facility in Michigan.
  • On 13 March, the Department of Energy announced that they have granted Nel USD 50 million in direct investment support for the company's planned new US gigafactory and workforce development initiatives in the Detroit region.
  • In parallel, the state of Michigan awarded USD 25 million in direct investment support to lead the nation in the clean energy transition.
  • Nel has previously been awarded approximately USD 50 million from the state of Michigan in support of this electrolyser production facility (see the press release issued on 8 July 2023).

SP Releases Latest Sustainable Packaging Guidance for Automotive Manufacturing Operations

Retrieved on: 
Wednesday, March 13, 2024
Foam, Sustainability, SP, Recycling, Environment, Incineration, EFP, The Royal Group, Toyota Motor North America, Ford Motor Company, Magna International, Toyota, JSP, VCI, Adecco Group North America, Automotive industry, General Motors, MPS

WASHINGTON, March 13, 2024 /PRNewswire/ -- The Suppliers Partnership for the Environment (SP) – an association of global automakers and their suppliers working together to advance environmental sustainability through the automotive supply chain – today announced the publication of a newly updated third edition of its Sustainable Packaging Specification Recommendations for Automotive Manufacturing Operations guidance document.

Key Points: 
  • WASHINGTON, March 13, 2024 /PRNewswire/ -- The Suppliers Partnership for the Environment (SP) – an association of global automakers and their suppliers working together to advance environmental sustainability through the automotive supply chain – today announced the publication of a newly updated third edition of its Sustainable Packaging Specification Recommendations for Automotive Manufacturing Operations guidance document.
  • The latest version provides expanded guidance on the viable recyclability of a range of different automotive packaging materials, including the addition of new materials such as vapor corrosion inhibitors (VCI), wood dunnage, and plastic dunnage trays.
  • The new guidance is complemented by several existing SP resources, including Sustainable Packaging Specification Recommendations for Automotive Expendable Packaging and Automotive NA 48 x 45 Wood Stringer Pallet Specification Recommendations , as well as a forthcoming Feasibility Analysis for Consolidation of Automotive Supply Chain Packaging for Recycling expected to be published later this year.
  • The SP Sustainable Packaging Work Group recommends that the sustainable packaging strategies outlined in the guidance document be reviewed within automotive companies' packaging design and sourcing considerations, where appropriate, and distributed widely across the automotive supply chain as best practice guidance.

Creating the Future: Conversational AI Innovator Paradox Promotes Industry Leader Adam Godson to CEO

Retrieved on: 
Monday, March 11, 2024
Culture, Growth, Compass Group, Executive, Chatbot, McDonald's, SAP, AI, CA Technologies, Marketing, CVS Health, Marriott International, Deloitte Technology Fast 500, Ecosystem, Cielo, Conversation, AMD, General Motors, Lead

SCOTTSDALE, Ariz., March 11, 2024 /PRNewswire/ -- Paradox, the global leader in leveraging Conversational AI to transform how employers like McDonald's, Nestlé, CVS Health, General Motors, and Marriott International get hiring work done, today announced the promotion of President and Chief Product Officer Adam Godson to the role of Chief Executive Officer, with founder Aaron Matos moving into the Executive Chairman role.

Key Points: 
  • Adam is a great partner, and we share an obsession for transforming this industry — and our clients' organizations — for the better.
  • Paradox is also an SAP Endorsed partner , helping SAP clients globally transform their recruitment process with Conversational AI.
  • "It's an incredible privilege to follow Aaron as CEO and lead Paradox on our next phase of innovation and growth," said Godson.
  • "Paradox has built a company that's revolutionizing our industry," said Joe Shaker, President of Shaker Recruitment Marketing and long-time partner of Paradox.

Unusual Machines Appoints FPV Drone Expert Andrew Camden as Chief Operating Officer

Retrieved on: 
Thursday, March 7, 2024
Acquisition, Physics, SAN, General Motors, FPV, Automotive industry, Engineering physics, Growth, Engineering, Tulane University, UMAC, Management

SAN JUAN, Puerto Rico, March 07, 2024 (GLOBE NEWSWIRE) -- Unusual Machines, Inc. (NYSE American: UMAC) (“Unusual Machines” or the “Company”), a drone and drone components manufacturer, announced today the appointment of First-Person View (“FPV”) drone expert Drew Camden as its Chief Operating Officer.

Key Points: 
  • SAN JUAN, Puerto Rico, March 07, 2024 (GLOBE NEWSWIRE) -- Unusual Machines, Inc. (NYSE American: UMAC) (“Unusual Machines” or the “Company”), a drone and drone components manufacturer, announced today the appointment of First-Person View (“FPV”) drone expert Drew Camden as its Chief Operating Officer.
  • Camden's ascent in the drone industry began with his captivating FPV Freestyle videos on YouTube.
  • Appointed President of Rotor Riot in 2018, Camden diversified the Rotor Riot by expanding media production and adding e-commerce.
  • Camden expressed his enthusiasm about the new role, stating, "I am excited to join Unusual Machines as Chief Operating Officer.

Worksport Set to Launch Innovative SOLIS & COR System This Summer, Providing Options for Partnerships with Tesla, GM, and Ford.

Retrieved on: 
Thursday, March 7, 2024
General Motors, Light, EV, OEM, Tesla, Inc., GMC, Ford Motor Company, Sport, Tata Daewoo, Law enforcement, Camping, Hyundai, Ford, Software, Stellantis, Hyundai Motor Company, Jeep, SOLIS, RAM, Partnership

Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.

Key Points: 
  • Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.
  • Worksport currently has open conversations with multiple OEM vehicle brands and has previously announced the production of prototypes for Hyundai.
  • Fitment of the Worksport SOLIS with the Tesla Cybertruck is yet to be determined, but possible.
  • For more information about Worksport Ltd., the SOLIS Solar Cover, and the COR Battery System, please visit investor.worksport.com/press-releases/ .

Worksport Set to Launch Innovative SOLIS & COR System This Summer, Providing Options for Partnerships with Tesla, GM, and Ford.

Retrieved on: 
Wednesday, March 6, 2024
General Motors, Light, EV, OEM, GMC, Ford Motor Company, Sport, Tata Daewoo, Law enforcement, Camping, Hyundai, Ford, Software, Stellantis, Hyundai Motor Company, Jeep, SOLIS, Tesla, Inc., RAM, Partnership, Automotive industry

Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.

Key Points: 
  • Further, in future partnerships with EV manufacturers, the SOLIS Cover itself can provide additional electric driving range and charging capabilities directly from the sun.
  • Worksport currently has open conversations with multiple OEM vehicle brands and has previously announced the production of prototypes for Hyundai.
  • Fitment of the Worksport SOLIS with the Tesla Cybertruck is yet to be determined, but possible.
  • For more information about Worksport Ltd., the SOLIS Solar Cover, and the COR Battery System, please visit investor.worksport.com .

Commercial Vehicles Market cross $15.9 Tn by 2032, Says Global Market Insights Inc.

Retrieved on: 
Wednesday, March 6, 2024
Scania AB, EV, Amazon Web Services, General Motors, USD, Transport, ADAS, Ford Motor Company, Urbanization, Toyota, BMW, Automation, Volvo, AWS

The commercial vehicles market valuation is estimated to reach USD 15.9 trillion by 2032, as reported in a research study by Global Market Insights Inc.

Key Points: 
  • The commercial vehicles market valuation is estimated to reach USD 15.9 trillion by 2032, as reported in a research study by Global Market Insights Inc.
  • The commercial vehicles market from the construction & mining end-use segment is predicted to grow significantly through 2032, owing to the ongoing infrastructure development projects.
  • Increasing environmental concerns and stringent emissions regulations are driving the adoption of electric commercial vehicles, particularly in urban areas.
  • Asia Pacific commercial vehicles market will expand notably till 2032, driven by rapid urbanization, economic growth, and infrastructural development initiatives.

General Motors, Magna, and Wipro Team Up to Develop Automotive Software Marketplace: ‘SDVerse’

Retrieved on: 
Tuesday, March 5, 2024
Engineering, Senior, General Motors, OEM, AI, Wipro, NXP Semiconductors, FEV, Growth, Original equipment manufacturer, GM, PR, Organization, Ecosystem, Valeo, Ampere, Corporation, Software

The platform, called SDVerse, aims to revolutionize the automotive software sourcing and procurement process by providing a matchmaking platform for buyers and sellers of embedded automotive software.

Key Points: 
  • The platform, called SDVerse, aims to revolutionize the automotive software sourcing and procurement process by providing a matchmaking platform for buyers and sellers of embedded automotive software.
  • Unlike the traditional captive software development approach, SDVerse focuses on connecting automotive software buyers and sellers through a transparent and efficient digital platform.
  • SDVerse is currently in development and expected to feature hundreds of automotive software products, and participants from across the automotive value chain are invited to join.
  • “The market for automotive software is expected to nearly double this decade, potentially outpacing the growth of software development talent pools,” said Harmeet Chauhan, Global Head Wipro Engineering Edge, Wipro Limited.