General Motors

Innovative Visionary Mark W. Womack Strengthens Bridgewest Perth Pharma Pty Ltd Board, Amplifying NovaCina's Growth Vision

Retrieved on: 
Tuesday, March 5, 2024

MIAMI and PERTH, Australia, March 5, 2024 /PRNewswire/ -- Bridgewest Perth Pharma, a global pharmaceutical supply and manufacturing company, with subsidiaries NovaCina and LumaCina, announced today the appointment of Mark W. Womack as a Director of the Board.

Key Points: 
  • "We are thrilled to have Mark join the Board, as a Director of the Company," said Dr. Masood Tayebi, Co-Founder and Chief Executive Officer of Bridgewest Group.
  • Mark currently serves as CEO of BioCina, a Bridgewest Group funded CDMO providing end-to-end biologics solutions for microbial, pDNA and mRNA modalities globally.
  • As CEO and Managing Director of Stelis Biopharma, Mark ushered efforts to build and qualify a state-of-the-art vaccine facility in record time.
  • I'm inspired by the vision we share and excited about the journey we will travel to realize it," said Mark W. Womack.

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points: 
  • Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
  • OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
  • Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
  • Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.

Automotive Telematics Market worth USD 16.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, March 5, 2024

Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.

Key Points: 
  • Although Asia-Pacific leads the automotive telematics market owing to a higher volume of passenger cars, the European and North American markets hold a higher penetration of telematics unit fitment.
  • OEMs like Volkswagen, Ford, Mercedes-Benz, Audi, and BMW offer telematics units as a standard or optional feature in these regions.
  • Insurance-based assessment services are projected to become a prominent telematics service market by the end of 2030 as they offer several benefits over standard insurance.
  • Hence, the increasing adoption of automotive telematics would prompt the market growth of insurance-based assessment services in the coming years.

THOMAS B. OKRAY NAMED CHIEF FINANCIAL OFFICER OF NIKOLA CORPORATION

Retrieved on: 
Monday, March 4, 2024

PHOENIX, March 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of an accomplished and highly regarded financial executive, Thomas "Tom" B. Okray, who has joined the company's executive team as Chief Financial Officer (CFO).

Key Points: 
  • PHOENIX, March 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand , today announced the appointment of an accomplished and highly regarded financial executive, Thomas "Tom" B. Okray, who has joined the company's executive team as Chief Financial Officer (CFO).
  • Attracting someone of his caliber is a testament to the exciting journey Nikola is on," said President and CEO, Stephen Girsky.
  • "Tom's depth of financial expertise, cultivated over four decades, will play a crucial role as we expand our supply base and profitably scale our business.
  • Scaling the zero-emissions technology at Nikola is something I want to be a part of," said Okray.

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

Retrieved on: 
Monday, March 4, 2024

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

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.

US FARATHANE ANNOUNCES APPOINTMENT OF DAVE WISKEL AS PRESIDENT AND CHIEF EXECUTIVE OFFICER

Retrieved on: 
Friday, March 1, 2024

AUBURN HILLS, Mich., March 1, 2024 /PRNewswire/ -- US Farathane, a leading supplier of injection molded, compression molded and extruded products to the global automotive industry, announced the appointment of Dave Wiskel to the position of President and Chief Executive Officer. Wiskel succeeds Andy Greenlee, who has led the company for nearly three decades and grew the business from $20 million in revenue in 1996 to over one billion dollars of revenue today. Greenlee will remain actively involved in US Farathane as Chairman of the Board.

Key Points: 
  • AUBURN HILLS, Mich., March 1, 2024 /PRNewswire/ -- US Farathane, a leading supplier of injection molded, compression molded and extruded products to the global automotive industry, announced the appointment of Dave Wiskel to the position of President and Chief Executive Officer.
  • Before joining US Farathane, Wiskel served as Chief Executive Officer of global automotive manufacturer Plasman for more than 18 years.
  • He led the company's innovative product diversification and multiple strategic acquisitions, vastly expanding its operations across the globe.
  • Henderson spent 26 years with General Motors in several executive management roles, including President and Chief Executive Officer, President and Chief Operating Officer, and Vice Chairman and Chief Financial Officer, and currently sits on several boards including those of Adient, PLC, Marriott International, Inc. and the Alfred P. Sloan Foundation.

V2X Cybersecurity Market worth $778 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 29, 2024

PKI solutions provide certificates for both OBUs and RSUs, with market growth tied to the increasing installation of RSUs and the penetration of V2X OBUs in vehicles.

Key Points: 
  • PKI solutions provide certificates for both OBUs and RSUs, with market growth tied to the increasing installation of RSUs and the penetration of V2X OBUs in vehicles.
  • This trend is expected to contribute to the revenue growth of the PKI segment within the V2X cybersecurity market.
  • The V2P segment is expected to grow fastest in the V2X cybersecurity market during the forecast period.
  • Additionally, the presence of key players in the V2X ecosystem, including Qualcomm, Savari, and Harman, is anticipated to contribute to the growth of the North American V2X cybersecurity market.

V2X Cybersecurity Market worth $778 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 29, 2024

PKI solutions provide certificates for both OBUs and RSUs, with market growth tied to the increasing installation of RSUs and the penetration of V2X OBUs in vehicles.

Key Points: 
  • PKI solutions provide certificates for both OBUs and RSUs, with market growth tied to the increasing installation of RSUs and the penetration of V2X OBUs in vehicles.
  • This trend is expected to contribute to the revenue growth of the PKI segment within the V2X cybersecurity market.
  • The V2P segment is expected to grow fastest in the V2X cybersecurity market during the forecast period.
  • Additionally, the presence of key players in the V2X ecosystem, including Qualcomm, Savari, and Harman, is anticipated to contribute to the growth of the North American V2X cybersecurity market.

Cochlear calls for action in Washington D.C. ahead of World Hearing Day

Retrieved on: 
Wednesday, February 28, 2024

WASHINGTON, Feb. 28, 2024 /PRNewswire/ -- Today, Cochlear assembled a team of hearing experts to emphasize the importance of hearing health for policy makers at the Australian Embassy in Washington D.C. ahead of World Hearing Day on Sunday March 3rd.

Key Points: 
  • WASHINGTON, Feb. 28, 2024 /PRNewswire/ -- Today, Cochlear assembled a team of hearing experts to emphasize the importance of hearing health for policy makers at the Australian Embassy in Washington D.C. ahead of World Hearing Day on Sunday March 3rd.
  • "After I took action and received my first cochlear implant in 1993, my life absolutely changed for the better."
  • Echoing Dr. Lin's education messaging, panelist Barbara Kelley, Executive Director of The Hearing Loss Association of America (HLAA) spoke about changing mindsets, urging Americans to protect hearing in noisy environments, check hearing with regular exams and treat hearing loss as soon as possible.
  • "If left unaddressed, hearing loss poses significant challenges to overall health and can be progressive, leading to greater hearing loss over time.