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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] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Redpoint Ventures
Redpoint Ventures is an American venture capital firm focused on investments in seed, early and growth-stage companies. History The firm was founded in 1999 and is headquartered in Menlo Park, California, with offices in San Francisco, Los Angeles, Beijing and Shanghai. The firm manages $3.8 billion of capital. The firm's partners include Allen Beasley, Jeff Brody, Jamie Davidson, Satish Dharmaraj, Tom Dyal, Tim Haley, Brad Jones, Chris Moore, Lars Pedersen, Scott Raney, Ryan Sarver, Tomasz Tunguz, John Walecka, Geoff Yang and David Yuan. The founders of Redpoint Ventures have been involved with successful investments including Foundry, Juniper Networks, Netflix and Right Media. Its partners have been involved in 136 IPOs and acquisitions. IPOs include Snowflake, Twilio, Pure Storage, 2u, Just Eat, Zendesk, HomeAway, Qihoo, Responsys, Fortinet and Calix. Acquisitions include Acompli, Caspida, Efficient Frontier, Heroku, RelateIQ, BlueKai, Posterous, Trip.com, LifeSize, Refres ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Battery Electric Vehicle Manufacturers
Battery most often refers to: * Electric battery, a device that provides electrical power * Battery (crime), a crime involving unlawful physical contact Battery may also refer to: Energy source *Automotive battery, a device to provide power to certain functions of an automobile *List of battery types *Energy storage, including batteries that are not electrochemical Law * Battery (tort), a civil wrong in common law of intentional harmful or offensive contact Military and naval uses * Artillery battery, an organized group of artillery pieces ** Main battery, the primary weapons of a warship ** Secondary battery (artillery), the smaller guns on a warship * Battery, a position of a cartridge in a firearm action Arts and entertainment Music * Battery (electro-industrial band) * Battery (hardcore punk band) * "Battery", a song by Metallica from the 1986 album ''Master of Puppets'' * Marching percussion ensemble, frequently known as a battery * Battery, a software music sampler b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doug Ford
Douglas Robert Ford Jr. (born November 20, 1964) is a Canadian politician and businessman who has served as the 26th and current premier of Ontario since June 2018 and leader of the Progressive Conservative (PC) Party since March 2018. He represents the Toronto riding of Etobicoke North in the Legislative Assembly of Ontario. With his brother Randy, Ford co-owns Deco Labels and Tags, a printing business operating in Canada and the United States that was founded by their father, Doug Ford Sr., who served as a Member of Provincial Parliament (MPP) from 1995 to 1999. Ford was a Toronto city councillor for Ward 2 Etobicoke North from 2010 to 2014 at the same time that his brother, Rob Ford, was mayor of Toronto. Ford ran for the 2014 Toronto mayoral election, where he placed second behind John Tory. In 2018, Ford won the party leadership election of the PC Party and led the PCs to majority victories in the 2018 and 2022 general elections. Early life, family, and educa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Justin Trudeau
Justin Pierre James Trudeau ( , ; born December 25, 1971) is a Canadian politician who is the 23rd and current prime minister of Canada. He has served as the prime minister of Canada since 2015 and as the leader of the Liberal Party since 2013. Trudeau is the second-youngest prime minister in Canadian history after Joe Clark; he is also the first to be the child or other relative of a previous holder of the post, as the eldest son of Pierre Trudeau. Trudeau was born in Ottawa and attended Collège Jean-de-Brébeuf. He graduated from McGill University in 1994 with a Bachelor of Arts degree in literature, then in 1998 acquired a Bachelor of Education degree from the University of British Columbia. After graduating he taught at the secondary school level in Vancouver, before relocating back to Montreal in 2002 to further his studies. He was chair for the youth charity Katimavik and director of the not-for-profit Canadian Avalanche Association. In 2006, he was appointed ... [...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] |
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] |
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 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] |
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] |
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] |
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