Mobility

Mercedes-Benz Financial Services Canada Corporation appoints Brian Stevens as new President and CEO

Retrieved on: 
Tuesday, March 5, 2024
Professional Services, Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Finance, CFO, CPA, Structured finance, Multimedia, Joint venture, Athlon, Digital, Mercedes-Benz Group, Comptroller, MBM, EQ, Mercedes-Benz, Ernst & Young, Mercedes-Benz Bank, Duke University, Benelux, LLP, Mobility, Controller, Mercedes-Benz Mobility, Insurance, FREE, Grand Valley State University, DCS

Mercedes-Benz Financial Services Canada Corporation (MBFS), a leading automotive financial services provider and a Mercedes-Benz Mobility AG (MBM) company, is pleased to announce the appointment of Brian Stevens as its new President and CEO as of the fourth quarter 2023.

Key Points: 
  • Mercedes-Benz Financial Services Canada Corporation (MBFS), a leading automotive financial services provider and a Mercedes-Benz Mobility AG (MBM) company, is pleased to announce the appointment of Brian Stevens as its new President and CEO as of the fourth quarter 2023.
  • View the full release here: https://www.businesswire.com/news/home/20240304532618/en/
    Brian Stevens, President and CEO, Mercedes-Benz Financial Services Canada Corporation (Photo: Business Wire)
    In this role, he will lead the Canadian operations of MBM in succession of James Ryan, who was appointed CEO of Mercedes-Benz Financial Services BeNeLux, leading MBM operations in the Belgium, Netherlands and Luxembourg markets, last year.
  • "Brian brings more than a decade of experience with the Canadian market following his successful tenure as Chief Financial Officer of MBM NA.
  • Mercedes-Benz Financial Services Canada at a glance:
    Mercedes-Benz Financial Services Canada Corporation, located in Mississauga, Ontario, supports the sales efforts of Mercedes-Benz passenger cars and vans in Canada by offering premier financial services to retail customers and the dealer network.

Worldwide Smartphone Recovery Is Happening as Shipments Are Forecast to Grow 2.8% in 2024, According to IDC

Retrieved on: 
Friday, February 23, 2024
Technology, Mobile, Wireless, Audio, Video, Consulting, Professional Services, Artificial Intelligence, Telecommunications, Software, Networks, Internet, Hardware, Semiconductor, Consumer Electronics, VoIP, News, Artificial intelligence, Growth, Consumer, NPU, IDC, Smartphone, International Data Group, Mobility, AI, Video game

However, 2024 is set to be the year where the smartphone market swings back to growth.

Key Points: 
  • However, 2024 is set to be the year where the smartphone market swings back to growth.
  • According to a new forecast from the International Data Corporation ( IDC ) Worldwide Quarterly Mobile Phone Tracker , smartphone shipments are expected to reach 1.20 billion units in 2024, growing 2.8% year over year, followed by growth in the low single digits through 2028.
  • While overall volumes are still below pre-pandemic levels, IDC believes the market has corrected itself and is moving on from the bottom.
  • Most notably, foldable smartphones continue to grow rapidly with year-over-year growth of 37% expected and shipments reaching 25 million in 2024.

Itron and The Mobility House to Address Grid Constraints with First-of-its-Kind EV Fleet Electrification Program

Retrieved on: 
Friday, February 23, 2024
Green Technology, Fleet Management, Vehicle Technology, Environment, Batteries, Automotive, EV, Electric Vehicles, Software, Networks, Hardware, Data Management, Technology, Other Natural Resources, Utilities, Alternative Vehicles, Fuels, Alternative Energy, Natural Resources, Energy, Multimedia, Intelligence, Forecasting, Outcome, Transport, ITRI, FIX, City, Fast, Mathematical optimization, Electricity, Mobility, Water, Renewable energy

The first-of-its-kind program is designed to help utilities and grid operators address interconnection delays and infrastructure challenges associated with EV fleet electrification.

Key Points: 
  • The first-of-its-kind program is designed to help utilities and grid operators address interconnection delays and infrastructure challenges associated with EV fleet electrification.
  • With FIX, transportation electrification goals are achieved more quickly and at lower costs than traditional methods of distribution load assessments and infrastructure upgrades.
  • “As a result of widespread EV fleet adoption, utilities and grid operators are facing greater complexity related to grid preparedness,” said Don Reeves, senior vice president of Outcomes at Itron.
  • For more information, visit Itron’s booth #2200 at DISTRIBUTECH International from Feb. 27-29, 2024, in Orlando, Florida, or visit Itron’s EV Charging Management solution page .

Modivcare Reports Fourth Quarter and Full Year 2023 Financial Results; Issues 2024 Guidance

Retrieved on: 
Thursday, February 22, 2024
General Health, Health Technology, Health, Practice Management, Acquisition, Collection, ModivCare, Growth, PCS, Webcast, Mobility, Investment, Beauty salon

For the fourth quarter of 2023, the Company reported revenue of $702.8 million, an increase of 7.5% from $653.9 million in the fourth quarter of 2022.

Key Points: 
  • For the fourth quarter of 2023, the Company reported revenue of $702.8 million, an increase of 7.5% from $653.9 million in the fourth quarter of 2022.
  • Operating income was $15.7 million, or 2.2% of revenue, in the fourth quarter of 2023, compared to $6.6 million, or 1.0% of revenue, in the fourth quarter of 2022.
  • Net loss was $5.3 million, or $0.37 per common share in the fourth quarter of 2023, compared to $6.9 million, or $0.49 per common share, in the fourth quarter of 2022.
  • Adjusted EBITDA was $50.5 million, or 7.2% of revenue, in the fourth quarter of 2023, compared to $59.7 million, or 9.1% of revenue, in the fourth quarter of 2022.

The 2023 TD Ready Challenge awarded $10 million in total to 10 Canadian and American organizations focused on addressing barriers to accessing affordable housing

Retrieved on: 
Tuesday, March 5, 2024
National Association, Climate change, Organization, LMI, Bank, HOME, TCB, Roof, Woman, Birdcage Inn, City, Employment, Homelessness, WHC, Senior counsel, Indigenous, Refugee, Hope, USD, CDN, Risk, Policy, All, Mobility

"Boosting access to affordable housing helps strengthen communities and helps them prosper in a way that can lead to sustainable economic growth.

Key Points: 
  • "Boosting access to affordable housing helps strengthen communities and helps them prosper in a way that can lead to sustainable economic growth.
  • For 2023, there were 10 grants available under the TD Ready Challenge across North America.
  • Eligible Canadian-based organizations were able to apply for CDN$1 million and eligible US-based organizations were able to apply for USD$1 million.
  • To learn more about the 2023 TD Ready Challenge grant recipients and the TD Ready Challenge Grant program, visit www.td.com/readychallenge .

Uber Partners with Mastercard and Payfare to Launch the New Uber Pro Card in Canada

Retrieved on: 
Tuesday, March 5, 2024
Senior, EV, Small business, Uber, Mastercard, Backup, Market development, Mobility, Partnership, Food delivery

"At Uber, we look to support drivers and delivery people with flexible options to access their earnings," said Michael van Hemmen, General Manager of Mobility for Uber Canada.

Key Points: 
  • "At Uber, we look to support drivers and delivery people with flexible options to access their earnings," said Michael van Hemmen, General Manager of Mobility for Uber Canada.
  • "Through our partnership with Mastercard and Payfare, the new Uber Pro Card will enable drivers and delivery people to make the most of their earnings through exclusive cashback rewards."
  • The Uber Pro Card is a Mastercard Business Prepaid Card which can be used at all Mastercard acceptance points, offering flexibility.
  • The Uber Pro Card is separate from the Uber Plus Card that delivery people can use for shop and pay trips.

101 Mobility Welcomes Michael Condon as New Director of Franchise Development

Retrieved on: 
Monday, March 4, 2024
Marketing, Freedom, Growth, Sport, Safety, University, Business administration, Knowledge, Education minister, Mobility

WILMINGTON, N.C., March 4, 2024 /PRNewswire/ -- 101 Mobility, a leading provider of mobility and accessibility solutions, is thrilled to announce the appointment of Michael Condon as its new Director of Franchise Development.

Key Points: 
  • WILMINGTON, N.C., March 4, 2024 /PRNewswire/ -- 101 Mobility, a leading provider of mobility and accessibility solutions, is thrilled to announce the appointment of Michael Condon as its new Director of Franchise Development.
  • With over 15 years of experience in franchise sales, development, and management, Condon brings a wealth of knowledge and expertise to 101 Mobility.
  • Before joining 101 Mobility, Condon significantly contributed to the expansion of Jovie, leading it to become the country's largest in-home childcare provider in his role as Director of Franchise Development.
  • Joe Loch, President of 101 Mobility, expressed his excitement about welcoming Michael Condon to the team, stating, "We are excited to have Michael on board.

Wearable Electronics Global Strategic Industry Report 2024: Market to Reach $173.7 Billion by 2030 from $32.5 Billion in 2022 - Miniaturized, High Performance Wearable Devices Boosts Prospects

Retrieved on: 
Saturday, March 2, 2024
Digital health, Realm, Region, Connected Devices, Augmented reality, Mobility, Wearable

World IoT Market: Number of Connected Devices (in Million) for Years 2016, 2018E, 2020P and 2022P

Key Points: 
  • World IoT Market: Number of Connected Devices (in Million) for Years 2016, 2018E, 2020P and 2022P
    Global Digital Healthcare Opportunity (in US$ Billion) for the Years 2017, 2019, 2022, 2024 and 2026
    Rising Diabetes Prevalence Presents Opportunity for Wearable Electronics Market: Number of Adults (20-79) with Diabetes (in Millions) by Region for 2019 and 2045
    With Wearable Computing Gaining Mainstream Attention, the Time is Ripe for Mobility in the Realm of Augmented Reality

Freedom of Mobility Forum Gathers Experts with Divergent Views to Debate Future of Mobility

Retrieved on: 
Friday, March 1, 2024
Freedom, AI, Climate, Deep learning, Quality of life, University, Climate change, Energy, Q&A, IPCC, Mobility, Environment, Energy economics, Student

The discussion will explore how planetary limits could reshape freedom of mobility from technology, business, and lifestyle perspectives.

Key Points: 
  • The discussion will explore how planetary limits could reshape freedom of mobility from technology, business, and lifestyle perspectives.
  • The Freedom of Mobility Forum was founded on four main principles: a global, 360-degree approach; fact-based insights; openness and transparency for the public; and honest, respectful, and collaborative engagement.
  • AI can actually craft Mobility as a Service platforms that are efficient, safer and universally accessible."
  • I do not want my grandchildren to choose between preventing further climate change and their freedom to move!

Central Japan Startup Ecosystem Holds Symposium on "Homeland of Mobility 5.0 - Leading Society to the Next Generation"

Retrieved on: 
Friday, March 1, 2024
Engineering, Toyota, Doctor of Philosophy, Culture, Future, Database, Perception, Harvard Business Review, University, History, Maglev, Local government, Car, Transport, Woman, Entrepreneurship, Sophia University, Automotive News, Ecosystem, Environment, Research, Female, Generator, Carbon, City, Collision course, News, Speech, Kobe University, Innovation, Economic development, Maas, Culture war, Risk, Nanzan University, Marubeni, Movement, Area studies, Mobility, Management

The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."

Key Points: 
  • The symposium was a hybrid event focusing on Central Japan's commitment to being the "Homeland of Mobility 5.0 - Leading Society to the Next Generation."
  • The event effectively communicated the strength of the Central Japan Ecosystem to overseas media and successfully achieved coverage in key media.
  • Toshio Sumi (Director, Economic Affairs Bureau Startup Support Office, Innovation Department, Nagoya City Economic Affairs Bureau) provided an overview of Central Japan, its history of innovation and manufacturing, and initiatives from the Central Japan Startup Ecosystem.
  • Central Japan Startup Ecosystem provides everything a startup needs – from highly trained workers in many specialized fields to opportunities to conduct feasibility studies with leading companies in various industries including the mobility sector.