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Business Plan

All articles tagged with #business plan

automotive1 year ago

"Nissan's Ambitious Plan: 30 New Models and Lower EV Costs by 2027"

Nissan plans to launch 30 new models by 2027, including 16 EVs, as part of its business plan "The Arc" aimed at increasing profitability through a product offensive, increased electrification, and strategic partnerships. The company aims to reduce the cost of its EVs to match internal combustion engine vehicles by 2030 and refresh 60% of its ICE models by 2026. Nissan also intends to leverage existing relationships with Renault and Mitsubishi while seeking new collaboration opportunities in Japan and the U.S. CEO Makoto Uchida expressed confidence in executing the plan, which aligns with the company's vision for carbon neutrality by 2030.

via Fox Business|
#automotive#business-plan#electrification
business-automotive1 year ago

"Nissan's Ambitious Plan: Slashing EV Costs and Launching 30 New Models"

Nissan unveils a new business plan, "The Arc," aiming to significantly reduce the cost of electric vehicles (EVs) to achieve price parity with internal combustion engine (ICE) cars by the end of the decade. The plan includes launching 30 new models over the next three years, with a focus on electrified vehicles, and aims for 40% of global sales to be electrified by 2026 and 60% by 2030. Nissan plans to introduce new EV technologies and collaborate with other automakers to boost its competitiveness in the EV market.

via Electrek|
#business-automotive#business-plan#cost-reduction
finance1 year ago

"NYCB's CEO Implements Bold Business Plan Amid Deposit Loss and Rating Review"

New York Community Bank's incoming CEO, Joseph Otting, announced a new business plan after the bank received a $1 billion equity infusion from investors, including Steven Mnuchin's Liberty Strategic Capital. The bank disclosed a 7% decline in deposits and a second dividend cut this year, as it aims to stabilize its stock following a surprise quarterly loss and stricter regulatory requirements. Otting, credited with turning around IndyMac, plans to present the new business plan in late April, while investors focus on the bank's exposure to struggling commercial real estate and recent internal control weaknesses.

via Fox Business|
#business-plan#ceo#dividend-cut
energy1 year ago

Orsted's Strategic Shift: Navigating Turbulent Waters in Offshore Wind Industry

Orsted's revised business plan reflects a "value-focused" approach, potentially leading to the removal of less mature or slow-moving offshore wind markets from its investment portfolio, with floating wind ambitions in Norway, Spain, and Portugal being the first to be affected. The company's decision comes after facing significant costs and impairments from US offshore projects, particularly the Ocean Wind 1 project, prompting a reevaluation of its investment strategy in the sector.

via Recharge|
#business-plan#energy#floating-wind
businessfinance2 years ago

"Plug Power's Stock Slumps to 4-Year Low After $1 Billion Share Offering Plan"

Plug Power, a US hydrogen firm, plans to sell up to $1bn of its common stock to raise capital for its business plan, including building a new gigafactory in South Korea. The announcement caused its share price to fall around 15%, reaching a four-year low of $2.35, an 87% drop since February 2021. The company had warned of potential folding due to operating losses and subsidy delays impacting electrolyser orders, leading to lower than expected income for electrolyser makers.

via Hydrogen Insight|
#business-plan#businessfinance#fundraising
entertainment2 years ago

"Taylor Swift's Potential Impact on Travis Kelce's Career Strategy"

Travis Kelce's rise to stardom, including his relationship with Taylor Swift, was not as unexpected as it may seem, as his co-managers, the Eanes brothers, had long been working on a carefully planned strategy to propel him to fame, which has included a second Super Bowl win, an SNL hosting gig, TV commercials, and a popular podcast. Despite some setbacks, the Eanes brothers have a business plan in place and are now concerned about oversaturation, with a more curated approach planned for 2024.

via Newser|
#business-plan#celebrity#entertainment
business2 years ago

Bird's Bankruptcy: The Fall of an E-Scooter Giant

E-scooter start-up Bird is facing financial challenges due to its flawed business plan, which has led to the company struggling to generate sustainable profits. The company's subscription-based model, where customers pay a monthly fee for unlimited scooter rides, has proven to be unsustainable, resulting in Bird's inability to cover its operational costs. As a result, Bird is now seeking new ways to generate revenue and improve its financial situation.

via Financial Times|
#bird#business#business-plan
entertainment2 years ago

Pete Davidson and Colin Jost's Ferry Purchase Leaves Them "In the Hole"

"Saturday Night Live" cast members Pete Davidson and Colin Jost have revealed their business plan for the Staten Island Ferry they bought last year. The duo plans to turn the ferry into a restaurant, concert venue, movie theater, and hotel during the summer months in New York, and then tow it to Miami for the winter. Despite joking about the purchase, Davidson admits they have actually put thought into the venture and are currently in the planning stages.

via Entertainment Weekly News|
#business-plan#colin-jost#comedy