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BrightDrop
BrightDrop is a subsidiary business created by the American manufacturer General Motors in 2021. The business offers a system of connected products targeting first- and last-mile delivery customers, including light commercial electric vehicles, ePallets, and cloud-based software. Its first products, the BrightDrop Zevo delivery van and Trace electric cart, were unveiled at the Consumer Electronics Show in Las Vegas, Nevada on 12 January 2021. General Motors announced in 2021 it would invest $800 million to produce the Zevo 600 in the CAMI Automotive manufacturing facility in Ingersoll, Canada. In 2022, CEO Travis Katz announced the company was on track to generate $1 billion in revenue in 2023, making BrightDrop one of the fastest companies in history to achieve this milestone. History BrightDrop, is one of the first successful businesses started in GM's Global Innovation incubator, headed at the time by engineer Pam Fletcher. Study of potential concepts for urban delivery ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BrightDrop Trace E-Cart
BrightDrop is a subsidiary business created by the American manufacturer General Motors in 2021. The business offers a system of connected products targeting first- and last-mile delivery customers, including light commercial electric vehicles, ePallets, and cloud-based software. Its first products, the BrightDrop Zevo delivery van and Trace electric cart, were unveiled at the Consumer Electronics Show in Las Vegas, Nevada on 12 January 2021. General Motors announced in 2021 it would invest $800 million to produce the Zevo 600 in the CAMI Automotive manufacturing facility in Ingersoll, Canada. In 2022, CEO Travis Katz announced the company was on track to generate $1 billion in revenue in 2023, making BrightDrop one of the fastest companies in history to achieve this milestone. History BrightDrop, is one of the first successful businesses started in GM's Global Innovation incubator, headed at the time by engineer Pam Fletcher. Study of potential concepts for urban delivery b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BrightDrop Zevo 600
The BrightDrop Zevo is a battery electric delivery van produced by General Motors for its electric commercial vehicle marque BrightDrop. It was unveiled at the Consumer Electronics Show on 12 January 2021. There are two models, the larger Zevo 600 (formerly EV600) and the smaller Zevo 400 (formerly EV410) History Rumors began circulating in June 2020 that GM was working on an all-electric delivery van, codenamed "BV1". According to earlier reports from December 2019, an all-electric van would be built at Detroit/Hamtramck Assembly. At the time, the two contracts for 100,000 Rivian EDV electric delivery vans ordered by Amazon and 10,000 Arrival Vans ordered by UPS were collectively valued at US$4 billion. The BrightDrop EV600 was unveiled as the marque's first vehicle at the Consumer Electronics Show in Las Vegas, Nevada on 12 January 2021 along with the EP1 electric pallet cart; GM announced that FedEx had ordered 500 EV600s. The smaller EV410 was first shown that September ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BrightDrop Zevo
The BrightDrop Zevo is a battery electric delivery van produced by General Motors for its electric commercial vehicle marque BrightDrop. It was unveiled at the Consumer Electronics Show on 12 January 2021. There are two models, the larger Zevo 600 (formerly EV600) and the smaller Zevo 400 (formerly EV410) History Rumors began circulating in June 2020 that GM was working on an all-electric delivery van, codenamed "BV1". According to earlier reports from December 2019, an all-electric van would be built at Detroit/Hamtramck Assembly. At the time, the two contracts for 100,000 Rivian EDV electric delivery vans ordered by Amazon and 10,000 Arrival Vans ordered by UPS were collectively valued at US$4 billion. The BrightDrop EV600 was unveiled as the marque's first vehicle at the Consumer Electronics Show in Las Vegas, Nevada on 12 January 2021 along with the EP1 electric pallet cart; GM announced that FedEx had ordered 500 EV600s. The smaller EV410 was first shown that September ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BrightDrop EV600
The BrightDrop Zevo is a battery electric delivery van produced by General Motors for its electric commercial vehicle marque BrightDrop. It was unveiled at the Consumer Electronics Show on 12 January 2021. There are two models, the larger Zevo 600 (formerly EV600) and the smaller Zevo 400 (formerly EV410) History Rumors began circulating in June 2020 that GM was working on an all-electric delivery van, codenamed "BV1". According to earlier reports from December 2019, an all-electric van would be built at Detroit/Hamtramck Assembly. At the time, the two contracts for 100,000 Rivian EDV electric delivery vans ordered by Amazon and 10,000 Arrival Vans ordered by UPS were collectively valued at US$4 billion. The BrightDrop EV600 was unveiled as the marque's first vehicle at the Consumer Electronics Show in Las Vegas, Nevada on 12 January 2021 along with the EP1 electric pallet cart; GM announced that FedEx had ordered 500 EV600s. The smaller EV410 was first shown that September ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Travis Katz
Travis Katz (born 1971) is an American technology entrepreneur and investor. He is currently the President and CEO of electric vehicle maker BrightDrop. Katz co-founded Fox Interactive Media, led international expansion for social networking site MySpace, and founded online travel site Trip.com, which was acquired by CTrip in 2017. Early life and education Travis Katz grew up in Englewood, Colorado. Katz attended Stanford University, where he graduated with a degree in Public Policy. He also attended the Wharton School of Business at the University of Pennsylvania, where he graduated with an MBA in 2001. Career World Bank Katz started his career at the World Bank, where he led research on urban development as well as rural water supply. He co-authored a number papers on improving city governance and urban innovation in Latin America and the Caribbean, and co-led a global study on making investments in rural water supply in impoverished countries sustainable as part of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CAMI Automotive
CAMI Assembly (formerly CAMI Automotive) is an assembly plant wholly owned by General Motors Canada. The plant occupies and has of floor space of which was added in 2016 as part of a $560 million investment. CAMI uses the CAMI Production System (CPS), a set of operating philosophies that guide team members in manufacturing vehicles. The basis of the system is working in teams performing standardized work. This is based on the Japanese production system, which is built on a team concept. Recent developments CAMI was an independently incorporated joint venture of automobile A car or automobile is a motor vehicle with Wheel, wheels. Most definitions of ''cars'' say that they run primarily on roads, Car seat, seat one to eight people, have four wheels, and mainly transport private transport#Personal transport, pe ... manufacturing in Ingersoll, Ontario, Canada and formed the third step of General Motors' three-pronged initiative of the mid-1980s to capture and practice the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ultium
Ultium is an electric vehicle battery and motor architecture developed by General Motors. It is planned to be deployed for battery electric vehicles from General Motors portfolio brands along with vehicles from Honda and Acura. Ultium is characterized by a modular layout, using pouch cells that can be stacked horizontally or vertically, depending on the form factor appropriate for each vehicle. A common charging and battery management system, Ultium Drive inverters, and a common series of motors are used across vehicles/types. Ultium is used by GM's BEV3 and BT1 platforms. History General Motors revealed the Ultium battery and platform technologies during a week-long March 2020 event held at the General Motors Technical Center in Warren, Michigan; GM chairman and CEO Mary Barra called it "a multi-brand, multi-segment EV strategy with economies of scale that rival our full-size truck business with much less complexity and even more flexibility". The Ultium Drive branding was ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Motors
The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years before losing the top spot to Toyota in 2008. General Motors operates manufacturing plants in eight countries. Its four core automobile brands are Chevrolet, Buick, GMC (automobile), GMC, and Cadillac. It also holds interests in Chinese brands Wuling Motors and Baojun as well as DMAX (engines), DMAX via joint ventures. Additionally, GM also owns the BrightDrop delivery vehicle manufacturer, GM Defense, a namesake Defense vehicles division which produces military vehicles for the United States government and military; the vehicle safety, security, and information services provider OnStar; the auto parts company ACDelco, a GM Financial, namesake financial lending service; and majority ownership in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FedEx
FedEx Corporation, formerly Federal Express Corporation and later FDX Corporation, is an American multinational conglomerate holding company focused on transportation, e-commerce and business services based in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used from 1973 until 2000. FedEx today is best known for its air delivery service, FedEx Express, which was one of the first major shipping companies to offer overnight delivery as a flagship service. Since then, FedEx also started FedEx Ground, FedEx Office (originally known as Kinko's), FedEx Supply Chain, FedEx Freight, and various other services across multiple subsidiaries, often meant to respond to its main competitor, UPS. FedEx is also one of the top contractors of the US government and assists in the transport of some United States Postal Service packages through their Air Cargo Network contract. FedEx's prominence in b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mary Barra
Mary Teresa Barra (née Makela; born December 24, 1961) is an American businesswoman who has been the chair and chief executive officer (CEO) of General Motors since January 15, 2014. She is the first female CEO of a 'Big Three' automaker. In December 2013, GM named her to succeed Daniel Akerson as CEO. Prior to being named CEO, Barra was executive vice president of global product development, purchasing, and supply chain. Early life Barra was born in Royal Oak, Michigan to parents of Finnish descent. Her grandfather, Viktor Mäkelä, moved to the US and married Maria Luoma, a Finnish immigrant from Teuva. They lived in Mountain Iron, Minnesota and had three children, including a son named Reino, called Ray. Barra's father, Ray, married a second-generation Finnish American named Eva Pyykkönen, and Mary was born in 1961. Education Barra graduated from the General Motors Institute (now Kettering University) in 1985, where she obtained a Bachelor of Science in Electrical Engin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
