Mercedes-AMG

"It's Lights Out and Away We Go" as Marriott Bonvoy, The Ritz-Carlton and Mercedes-AMG PETRONAS F1 Team Launch Extraordinary Experiences for the 2023 Season

Retrieved on:

Wednesday, March 1, 2023

BETHESDA, Md., March 1, 2023 /PRNewswire/ -- Marriott Bonvoy, Marriott International's portfolio of 30 extraordinary hotel brands and award-winning travel program, and The Ritz-Carlton are once again inviting members to experience the thrill of motorsport through its long-standing relationship with the Mercedes-AMG PETRONAS F1 Team.

Key Points:

Today, Marriott Bonvoy Moments launched 11 VIP experiences with the Mercedes-AMG PETRONAS F1 Team in Miami.
Additional Moments will be released throughout the entire 2023 season, allowing members to fully immerse themselves in the world of the Mercedes-AMG PETRONAS F1 Team.
"Marriott Bonvoy Moments experiences will go live throughout the season, offering new ways for travelers to fuel their passion for the Mercedes-AMG PETRONAS F1 Team and motorsport."
Marriott Bonvoy Moments packages with the Mercedes-AMG PETRONAS F1 Team are now live for the season at moments.marriottbonvoy.com .

mCloud Partners with Mercedes-AMG PETRONAS Formula One® Team to Accelerate Path to Net Zero

Retrieved on:

Monday, February 27, 2023

Knowledge, Organization, Partnership, Partner, Mercedes-AMG, Team, PETRONAS, SAN, Mercedes, McLoud, Oklahoma, HWA Team, Sustainability, Asset management

The partnership builds on the existing implementation of mCloud's AssetCare® solution at the home of the Mercedes-AMG PETRONAS F1 Team in Brackley, UK.

Key Points:

The partnership builds on the existing implementation of mCloud's AssetCare® solution at the home of the Mercedes-AMG PETRONAS F1 Team in Brackley, UK.
"mCloud and the Mercedes-AMG PETRONAS Formula One Team are fueled by the same constant drive for high performance," said Russ McMeekin, mCloud President and CEO.
"Our commitment to sustainability, including reaching net zero and our strategic ambition of becoming the world's most sustainable sports team, is all encompassing," said Toto Wolff, Team Principal and CEO of the Mercedes-AMG PETRONAS F1 Team.
To learn more about mCloud in partnership with the Mercedes-AMG PETRONAS Formula One team, please visit assetcare.mcloudcorp.com/mercedes/ .

Navitas Semiconductor Announces Fourth Quarter and Full Year 2022 Financial Results

Retrieved on:

Thursday, February 23, 2023

Net revenues for the fourth quarter of 2022 were $12.3 million, up 68% from the fourth quarter of 2021 and up 21% from the third quarter of 2022.

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Net revenues for the fourth quarter of 2022 were $12.3 million, up 68% from the fourth quarter of 2021 and up 21% from the third quarter of 2022.
GAAP and non-GAAP gross margin for the fourth quarter of 2022 was 40.6%, compared to 44.3% in the fourth quarter of 2021.
GAAP loss from operations for the fourth quarter was $28.6 million, compared to a loss of $35.9 million in the fourth quarter of 2021.
Non-GAAP loss per diluted share was $0.06 for the fourth quarter of 2022, compared to a non-GAAP loss of $0.07 per share in the fourth quarter of 2021.

IDTechEx Discuss Why Immersion Cooling Might Not be the Final Battery Cooling Solution

Retrieved on:

Thursday, February 23, 2023

This is typically done via a water cold plate at the base of the battery pack or via water coolant channels between the cells.

Key Points:

This is typically done via a water cold plate at the base of the battery pack or via water coolant channels between the cells.
Immersion cooling is often touted as the next-generation thermal management technology, but there are certainly barriers to adoption.
As the name suggests, immersion cooling involves having the battery cells directly immersed in a dielectric fluid.
Not so obviously, immersion can lead to the removal of several components, such as the cold plate, thermal interface materials, condenser, and chiller.

IDTechEx Discuss Why Immersion Cooling Might Not be the Final Battery Cooling Solution

Retrieved on:

Thursday, February 23, 2023

This is typically done via a water cold plate at the base of the battery pack or via water coolant channels between the cells.

Key Points:

This is typically done via a water cold plate at the base of the battery pack or via water coolant channels between the cells.
Immersion cooling is often touted as the next-generation thermal management technology, but there are certainly barriers to adoption.
As the name suggests, immersion cooling involves having the battery cells directly immersed in a dielectric fluid.
Not so obviously, immersion can lead to the removal of several components, such as the cold plate, thermal interface materials, condenser, and chiller.

mCloud and Mercedes-Benz Grand Prix Expand AssetCare® Sustainability Implementation at Brackley, Home of the Mercedes-AMG PETRONAS Formula One® Team

Retrieved on:

Wednesday, February 22, 2023

CO2, Mercedes-Benz in Formula One, HVAC, Formula One Teams Association, EV, Global warming potential, SAN, Mercedes-AMG, Sustainability reporting, Mercedes-Benz Grand Prix results, AI, Car dealership, Automotive industry, Brackley

The results gleaned from this first phase of implementation identified a multitude of further opportunities for major energy efficiency and sustainability gains at Brackley.

Key Points:

The results gleaned from this first phase of implementation identified a multitude of further opportunities for major energy efficiency and sustainability gains at Brackley.
mCloud indicated the expanded scope substantially increases the significance of Mercedes-Benz Grand Prix as a multi-year AssetCare customer of the Company under standard terms.
On the next phase of implementation, Russ McMeekin, mCloud President and CEO said:
"Our relationship with Mercedes-Benz Grand Prix has grown since we began our implementation of AssetCare at Brackley last year.
mCloud's role in optimizing the Brackley campus was highlighted in an August 2022 Sustainability Report published by Mercedes-Benz Grand Prix.

Nuvei and Mercedes-AMG PETRONAS Formula One Team join forces ahead of new Formula One™ season

Retrieved on:

Monday, February 13, 2023

Formula, TSX, E-commerce, Toronto, Formula One Teams Association, Partnership, Mercedes-AMG, Risk management, F1, Online shopping, Nuvei

MONTREAL and BRACKLEY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, and the Mercedes-AMG PETRONAS Formula One Team today announce a multi-year sponsorship agreement that will commence ahead of the 2023 F1 season.

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MONTREAL and BRACKLEY, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, and the Mercedes-AMG PETRONAS Formula One Team today announce a multi-year sponsorship agreement that will commence ahead of the 2023 F1 season.
Nuvei is a global payments technology company that is dedicated to accelerating its customers revenue growth through payments.
“We’re thrilled to welcome Nuvei as a long-term partner in time for the start of the 2023 Formula One™ season,” said Toto Wolff, Team Principal and CEO of the Mercedes-AMG PETRONAS Formula One Team.
“We are delighted to announce our new partnership with Nuvei ahead of the start of the season and welcome them into our partner ecosystem,” Richard Sanders, Chief Commercial Officer of the Mercedes-AMG PETRONAS Formula One Team added.

Accelerating Toward Enhanced Performance, Solera Partners with Mercedes-AMG PETRONAS Formula One Team

Retrieved on:

Tuesday, January 17, 2023

Fleet Management, Software, Sports, Automotive, Technology, Motor Sports, Performance & Special Interest, Vehicle Technology, Mercedes-AMG, Formula, PETRONAS, Partnership, Mercedes-Benz, Toyota Racing (Formula One team), Multimedia, Commercial, Management, Solera

Solera , the global leader in vehicle lifecycle management, and Mercedes-AMG PETRONAS Formula One Team today announced a new multi-year partnership that underscores the two companies’ passion to drive automotive innovation forward.

Key Points:

Solera , the global leader in vehicle lifecycle management, and Mercedes-AMG PETRONAS Formula One Team today announced a new multi-year partnership that underscores the two companies’ passion to drive automotive innovation forward.
View the full release here: https://www.businesswire.com/news/home/20230113005455/en/
Solera and the Mercedes-AMG PETRONAS F1 Team have announced a multi-year partnership beginning in 2023 (Photo: Business Wire)
“Solera and the Mercedes-AMG PETRONAS Formula One Team share the same commitment to transform the automotive industry,” said Darko Dejanovic, CEO of Solera.
Additionally, Solera will also have access to the Mercedes-AMG PETRONAS Formula One team members, including drivers Lewis Hamilton and George Russell.
“Data innovation, combined with the drive for ultimate performance through people, processes, and technology, are hallmarks of a successful business and team,” said Toto Wolff, Team Principal and CEO of the Mercedes-AMG PETRONAS Formula One Team.

Mercedes-Benz Reports 21% Growth in Q4; 2022 Total Sales of 350,949 Vehicles +6.5% Versus 2021

Retrieved on:

Tuesday, January 10, 2023

Strong, sustained demand for Electric Vehicles (EQ) and Top-End Vehicles propelled Q4 growth of 21% for a total of 73,019 vehicles.

Key Points:

Strong, sustained demand for Electric Vehicles (EQ) and Top-End Vehicles propelled Q4 growth of 21% for a total of 73,019 vehicles.
Additionally, Mercedes-Benz Vans recorded Q4 sales of 15,474, bringing MBUSA to a grand total of 88,493 vehicles.
On a year-to-date basis, MBUSA recorded sales of 286,764 Mercedes-Benz passenger vehicles in calendar year 2022, a growth of 4% versus 2021, and 64,185 Vans, an increase of 20% versus 2021.
Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 35,458 vehicles during the fourth quarter of 2022, an increase of 7.1% versus Q4 2021.

D-BOX signs licensing agreement to commercialize a Mercedes-Benz and Mercedes-AMG multipurpose motion platform

Retrieved on:

Tuesday, January 17, 2023

Music, Ecosystem, Esports, Mercedes-Benz, Television, Mercedes-AMG, TSX, FIA, Health, Car dealership

This agreement opens up a wide range of product development opportunities for D-BOX, in leveraging iconic brands such as Mercedes-Benz and Mercedes-AMG.

Key Points:

This agreement opens up a wide range of product development opportunities for D-BOX, in leveraging iconic brands such as Mercedes-Benz and Mercedes-AMG.
The first product commercialized is a modular motion platform, which is expected to be available for purchase sometime in February 2023.
“D-BOX prides itself in being the first haptic system endorsed by the Fédération Internationale de l’Automobile (FIA), which is recognized by Mercedes-Benz.
This new collaboration combines high-level entertainment standards with state-of-the-art technology for unique experiences.”