The new E-Mobility division is headed by Thomas Stierle from Vitesco Technologies
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💡Guest blog: Funding innovation in the automotive sector - through a different lens Caroline McMillan-Browse, Finance Director, the Advanced Propulsion Centre UK (APC) offers an accountant's perspective on the value of funding interventions 👇 https://lnkd.in/eJ6nki5w #theengineer #automotive #innovation
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One key point in these results was increased investment in human resources and growth areas for the second half of the year, pushing the initial figure of 700 billion yen up to 830 billion. While personnel investment is a regular topic at the annual labor-management discussions, this year’s talks reached beyond company lines to ensure that funding was allocated to labor costs, training, and improving conditions for those working at dealerships and suppliers. The latest results certainly didn’t show an increase in earnings. In such circumstances, holding off on additional investments would have been a reasonable response. And yet, as Executive Vice President and Chief Financial Officer Yoichi Miyazaki stated emphatically, Toyota has “no reservations about increasing investment in human resources.” To explain the mindset behind this decision, we share several exchanges between reporters and Toyota’s leaders at the financial results briefing.
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Expert analysis that impacts your business, only from Dave Cantin Group.
Electric Vehicles in 2024 (U.S.): Understanding the Impact of Rightsizing Production, an Uncertain Political & Regulatory Environment, and Reshaping the Consumer Demand Narrative
https://www.davecantingroup.com
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Excited to dive deeper into the financial strategy of Omega Seiki Mobility, led by our CFO, Mr. Neeraj Kumar Budhiraja. In the fast-paced world of Electric Vehicles, staying ahead requires more than just traditional financial planning. Mr. Budhiraja’s approach combines foresight with adaptability, using scenario planning to explore various possibilities in this ever-evolving market. From anticipating government policies to predicting technological advancements, Omega Seiki Mobility's strategy is as dynamic as the industry it operates in. With a commitment to innovation and sustainability, Mr. Budhiraja ensures that Omega Seiki Mobility remains a driving force in the e-mobility revolution. #ElectricVehicles #FinancialPlanning #Innovation #Sustainability #EcoMobility"
Navigating Financial Terrain in the Electric Vehicle Industry – Neeraj Kumar Budhiraja (CFO Omega Seiki Mobility) Q1. As the CFO of Omega Seiki Mobility, which specializes in electric commercial and passenger 3-wheelers, how do you approach financial planning and strategy in the rapidly evolving EV market? My approach to financial planning and strategy in the rapidly evolving Electric Vehicle (EV) market is cantered on a comprehensive and adaptive framework. In terms of financial planning, we employ scenario planning, developing multiple financial models based on diverse assumptions regarding the future of the EV market. This includes considerations such as the pace of adoption, government policies, and ongoing technological advancements. - https://lnkd.in/dN6W_eKq #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #electric3wheeler #electricvehicles #evmarket #evsector #india #omegaseikimobility #partnership
Navigating Financial Terrain in the Electric Vehicle Industry – Neeraj Budhraja (CFO Omega Seiki Mobility)
http://emobilityplus.com
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A key read on the massive value shift taking place in the automotive sector right now. With the auto value chain and revenue pools shifting away from traditional sources to 3 value megapools: 1. Electrification (EV batteries and charging infrastructure) 2. Software defined vehicles 3. Circular business models Companies will need to embrace the change, optimise their business models to adapt to the value shift and innovate for tomorrow to succeed and capitalise on these inescapable trends. However, as my colleague David Borland also highlights in his post https://lnkd.in/e68kV8my, businesses across the whole value chain need to work together to avoid the bumps in the road. #automotive #EY #EVs
Reframe your strategy: The great automotive value shift
ey.com
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PALFINGER AG delivered strong results for H1 2024. Revenue reached EUR 1,175.4 million, marking a solid performance despite market challenges, while EBIT stood at EUR 112.2 million, reflecting a robust margin of 9.5%. Three facts about Palfinger AG: → Palfinger is a key player in the crane and lifting equipment industry with notable achievements in North America, Latin America, and Asia. → Their Marine sector saw exceptional growth due to increased orders for offshore cranes and expanded services. → Palfinger has made strategic investments, including expanding their Löbau production site and establishing a new Sales and Service Hub in Madrid. For a detailed overview of Palfinger AG's financial and operational performance, including insights into regional performances and future outlook, watch Palfinger AG's video presentation here: 🚀 https://lnkd.in/gvKwQJSv Don’t miss out on understanding how Palfinger is navigating the current market landscape and setting ambitious targets for future growth. #Investing #FinancialResults #GlobalMarket #StrategicGrowth #PalfingerAG Felix Strohbichler Hannes Roither T&C: www.seat11a.com/legal/
Palfinger AG Financial Results H1 2024 | Detailed insights into regional performances and future outlook
https://seat11a.com
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The automotive sector is transforming incredibly, and financial automation and digitalization have become a vital part of this shift. We’re honored to be part of this transformation and be able to partner with global leaders in the automotive space, helping them enhance their financial processes as they move toward a more efficient future. As companies evolve to electric mobility, they update their vehicles while reimagining every part of their operations, including the back office. This situation brings new challenges but also opens doors for strategic innovation, especially in financial automation and digitalization. In our weak economic environment, investing in automation and digitalization is an investment in the future. It’s a way to prepare for what comes next and gain efficiency. Streamlined financial operations mean automakers can adapt quickly, manage costs effectively, and keep their focus on innovation. We’re proud to help this industry prepare for such big changes. With our deep expertise and outstanding position in the market, we are empowering the automotive industry, among others, to build a resilient finance function that will be ready for the future. Thanks Dragana Mark Hector Etienne Garoid M'Part Niels Dirk James Oliver for making it possible! 🚗
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Over half of UK businesses haven’t yet installed a single charge point... Has yours?🤔 We recently commissioned detailed research into UK businesses’ electrification progress. We explored what the motivations and barriers are and how organisations like yours are making decisions. Download the report now: https://bit.ly/3IxSBnv #drivingchangeuk
Insights into the progress, motivators and barriers relevant to the EV transition
energy.drax.com
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What's the state of business electrification in the UK? Drax Electric Vehicles ⚡ recently commissioned research to understand which sectors are leading the EV, and charging infrastructure, transition. Download the report for free now 👇 #drivingchangeuk
Over half of UK businesses haven’t yet installed a single charge point... Has yours?🤔 We recently commissioned detailed research into UK businesses’ electrification progress. We explored what the motivations and barriers are and how organisations like yours are making decisions. Download the report now: https://bit.ly/3IxSBnv #drivingchangeuk
Insights into the progress, motivators and barriers relevant to the EV transition
energy.drax.com
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General Motors Declares $0.12 Quarterly Dividend for Q2 2024 In a move signaling confidence in its financial standing, General Motors Co. has announced the declaration of its second-quarter 2024 cash dividend. The dividend, set at $0.12 per outstanding common share, is scheduled for payment on June 20, 2024. Shareholders of record as of the market’s close on June 7, 2024, will be eligible to receive the dividend. This announcement comes amidst a dynamic period for the automotive giant, which has been actively navigating shifts in consumer preferences, technological advancements, and regulatory landscapes. Despite these challenges, General Motors remains steadfast in its commitment to shareholder value, consistently delivering returns through […] - https://lnkd.in/d7qfp8x9 #automotive #evs #ev #electricmobility #emobility #ebikes #fleets #evfleet #evnews #autonews #electricvehicles #electricvehicle #automotiveindustry #automotivejobs #cleantech #cleanenergy #hydrogen #lithium #evbattery #sustainability #climatechange #detroit #generalmotors #northamerica #unitedstates
General Motors Declares $0.12 Quarterly Dividend for Q2 2024
http://emobilityplus.com
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