In a strategic advancement within the battery sector, a prominent automotive firm has announced the formation of an independent Electric Vehicle Systems division. This new entity will operate independently while remaining under the ownership of its parent company, signaling a new phase of growth and opportunity. The newly established division has appointed a dynamic leadership…
In a competitive e-commerce landscape, major players are significantly boosting their logistics capabilities and infrastructure in Brazil. A prominent Singaporean e-commerce company has announced the opening of six new logistics hubs in Minas Gerais and Bahia states, expanding its network to over 100 units nationwide. These new facilities are designed to enhance last-mile delivery efficiency,…
A leading investment firm has recently secured an 80% stake in a significant European warehouse portfolio, valued at approximately $1.2 billion. This strategic move underscores the ongoing demand for logistics spaces fueled by the e-commerce sector’s rapid expansion. The portfolio, which spans seven countries including Germany, France, and the Netherlands, was previously managed by a…