Ford Otosan | Jotup

Ford Trucks and IVECO sign Memorandum of Understanding to examine potential synergies

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Thursday, March 14, 2024

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Ford Trucks, the heavy commercial brand of Ford Otosan, and IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, have signed a non-binding Memorandum of Understanding (MoU) to explore a potential collaboration on development of a new cabin for heavy-duty commercial vehicles.

Key Points:

Ford Trucks, the heavy commercial brand of Ford Otosan, and IVECO, the brand of Iveco Group N.V. (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, have signed a non-binding Memorandum of Understanding (MoU) to explore a potential collaboration on development of a new cabin for heavy-duty commercial vehicles.
Present during the signing were Gerrit Marx, CEO of Iveco Group; Luca Sra, President of the Truck Business Unit at Iveco Group; Haydar Yenigün, President of Koç Holding Automotive Group; Güven Özyurt, General Manager of Ford Otosan and Emrah Duman, Vice President of Ford Trucks.
Further information is available on the Company’s website www.ivecogroup.com
Ford Otosan was founded in 1959, Ford Otosan (Ford Otomotiv Sanayi A.Ş.)
Ford Otosan's heavy commercial vehicle brand, Ford Trucks, with over 60 years of history in local and global markets, is shaping the future with its engineering and technological power.

D-Wave Reports Fourth Quarter and Year-End 2023 Results

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Thursday, March 28, 2024

First quarter FY24 Bookings expected to be at least $4.3 million representing a minimum 36% growth over the fourth quarter of fiscal 2023, 47% growth over the first quarter of fiscal 2023 and representing the Company’s 8th consecutive quarter of year-over-year growth in quarterly Bookings.

Key Points:

First quarter FY24 Bookings expected to be at least $4.3 million representing a minimum 36% growth over the fourth quarter of fiscal 2023, 47% growth over the first quarter of fiscal 2023 and representing the Company’s 8th consecutive quarter of year-over-year growth in quarterly Bookings.
Revenue: Revenue for the fourth quarter of fiscal 2023 was $2.9 million, an increase of $0.5 million, or 21%, from fiscal 2022 fourth quarter revenue of $2.4 million, and an increase of $0.3 million, or 13%, from the fiscal 2023 third quarter revenue of $2.6 million, representing D-Wave's third consecutive quarter of sequential quarter-to-quarter growth in revenue.
Bookings1: Bookings for the fourth quarter of fiscal 2023 were $3.1 million, an increase of $0.8 million, or 34%, from fiscal 2022 fourth quarter Bookings of $2.4 million, and an increase of $0.2 million, or 8%, from the fiscal 2023 third quarter Bookings of $2.9 million, representing D-Wave’s seventh consecutive quarter of year-over-year growth in quarterly Bookings.
Non-GAAP Gross Margin2: Non-GAAP gross margin for the fourth quarter of fiscal 2023 was 80.2%, an increase of 7.6% from the fiscal 2022 fourth quarter Non-GAAP gross margin of 72.6%, and an increase of 4.6% from the fiscal 2023 third quarter Non-GAAP gross margin of 75.6%.

Ballard announces partnership with Ford Trucks for fuel cell powered heavy-duty trucks & initial order

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Thursday, August 3, 2023

The partnership includes an initial purchase order for 2 FCmove™-XD 120 kW fuel cell engines that are planned to be delivered by Ballard to Ford Trucks in 2023.

Key Points:

The partnership includes an initial purchase order for 2 FCmove™-XD 120 kW fuel cell engines that are planned to be delivered by Ballard to Ford Trucks in 2023.
Ford Trucks, the global brand of Ford Otosan, plans to develop a Fuel Cell Electric Vehicle (FCEV) F-MAX as part of the project.
The 120 kW FCmove-XDTM fuel cell engines are planned to be integrated into Ford Trucks' F-MAX 44-ton long-haul tractor truck.
As Ford Trucks, we will continue to pioneer future sustainable transportation technologies with R&D investments," said Ford Trucks' Vice President Emrah Duman.

Global Mobile Cobots Market Expected to Reach $3 Billion by 2028, Driven by Small Size and Low Cost

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Thursday, July 13, 2023

The Global Mobile Cobots Market is projected to experience a positive compound annual growth rate (CAGR) of approximately 20% during the forecast period from 2022 to 2028, reaching a market size of ~US$3 Billion by 2028.

Key Points:

The Global Mobile Cobots Market is projected to experience a positive compound annual growth rate (CAGR) of approximately 20% during the forecast period from 2022 to 2028, reaching a market size of ~US$3 Billion by 2028.
Mobile cobots, also known as mobile manipulators or compound robots, are often mounted on Autonomous Mobile Robots (AMRs).
The increasing investment in warehouse automation presents significant opportunities for mobile cobots due to their small size and cost-effectiveness.
Industry 4.0 and smart factories are deploying mobile robots, including mobile cobots, in the production process and material handling.

LG Energy Solution, Ford, and Koç Holding to establish a JOINT VENTURE to produce battery cells as Ford prepares to bring more EVs to customers in Europe

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Tuesday, February 21, 2023

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The new joint venture will be located in an organised industrial zone in Başkent, near Ankara.

Key Points:

The new joint venture will be located in an organised industrial zone in Başkent, near Ankara.
"Ford continues to ramp up our electric vehicle plans as we scale to be a leader in the electric vehicle revolution.
This joint venture builds on two long-standing business relationships Ford has with both LGES and Koç Holding.
Ford Motor Company and Koç Holding enjoy a strong relationship that stretches back almost a century and includes the successful Ford Otosan joint venture, now over 60 years old.

LG Energy solution, Ford, and Koç Holding to establish a JOINT VENTURE to produce battery cells as ford prepares to bring more evs to customers in Europe

Retrieved on:

Tuesday, February 21, 2023

The new joint venture will be located in an organised industrial zone in Başkent, near Ankara.

Key Points:

The new joint venture will be located in an organised industrial zone in Başkent, near Ankara.
"Ford continues to ramp up our electric vehicle plans as we scale to be a leader in the electric vehicle revolution.
This joint venture builds on two long-standing business relationships Ford has with both LGES and Koç Holding.
Ford Motor Company and Koç Holding enjoy a strong relationship that stretches back almost a century and includes the successful Ford Otosan joint venture, now over 60 years old.

FORD TRUCKS SELECT CYMOTIVE TECHNOLOGIES TO UNDERTAKE ITS CYBERSECURITY COMPLIANCE CERTIFICATION FOR VEHICLE-TYPE APPROVAL UNDER UNR 155 AND 156 REGULATIONS

Retrieved on:

Monday, June 27, 2022

TEL AVIV, Israel, June 27, 2022 /PRNewswire/ -- CYMOTIVE Technologies, the leading provider of smart mobility cyber solutions, today announced that the leading vehicle manufacturer in Turkey, Ford Otosan (Ford Otomotiv Sanayi A.Ş.) has selected CYMOTIVE to support its cybersecurity compliance certification of the UNR 155 and 156 regulations and to maintain continuous regulatory compliance.

Key Points:

TEL AVIV,Israel, June 27, 2022 /PRNewswire/ -- CYMOTIVE Technologies, the leading provider of smart mobility cyber solutions, today announced that the leading vehicle manufacturer in Turkey, Ford Otosan (Ford Otomotiv Sanayi A..) has selected CYMOTIVE to support its cybersecurity compliance certification of the UNR 155 and 156 regulations and to maintain continuous regulatory compliance.
Upon implementing CYMOTIVE's automated vulnerability and compliance management solutions and other cybersecurity services, Ford Otosan's heavy commercial brand Ford Trucks will achieve vehicle-type certification, enabling the OEM to sell its heavy-duty commercial vehicles in countries requiring compliance with the UNR 155 and 156 regulations.
For real-time information on compliance status, CYMOTIVE's cybersecurity management solution will support Ford Trucks' continuous monitoring for the years to come.
"We have selected CYMOTIVE because it is critical for Ford Trucksto work with a very experienced cybersecurity provider",said Serhan Turhan, Ford Otosan Vice President / Ford Trucks Leader.

FORD TRUCKS SELECT CYMOTIVE TECHNOLOGIES TO UNDERTAKE ITS CYBERSECURITY COMPLIANCE CERTIFICATION FOR VEHICLE-TYPE APPROVAL UNDER UNR 155 AND 156 REGULATIONS

Retrieved on:

Monday, June 27, 2022

TEL AVIV, Israel, June 27, 2022 /PRNewswire/ -- CYMOTIVE Technologies, the leading provider of smart mobility cyber solutions, today announced that the leading vehicle manufacturer in Turkey, Ford Otosan (Ford Otomotiv Sanayi A.Ş.) has selected CYMOTIVE to support its cybersecurity compliance certification of the UNR 155 and 156 regulations and to maintain continuous regulatory compliance.

Key Points:

TEL AVIV,Israel, June 27, 2022 /PRNewswire/ -- CYMOTIVE Technologies, the leading provider of smart mobility cyber solutions, today announced that the leading vehicle manufacturer in Turkey, Ford Otosan (Ford Otomotiv Sanayi A..) has selected CYMOTIVE to support its cybersecurity compliance certification of the UNR 155 and 156 regulations and to maintain continuous regulatory compliance.
Upon implementing CYMOTIVE's automated vulnerability and compliance management solutions and other cybersecurity services, Ford Otosan's heavy commercial brand Ford Trucks will achieve vehicle-type certification, enabling the OEM to sell its heavy-duty commercial vehicles in countries requiring compliance with the UNR 155 and 156 regulations.
For real-time information on compliance status, CYMOTIVE's cybersecurity management solution will support Ford Trucks' continuous monitoring for the years to come.
"We have selected CYMOTIVE because it is critical for Ford Trucksto work with a very experienced cybersecurity provider",said Serhan Turhan, Ford Otosan Vice President / Ford Trucks Leader.

KOÇ GROUP LAUNCHES A GENDER EQUALITY MOVEMENT IN TECHNOLOGY AND INNOVATION WITH RAFT OF NEW COMMITMENTS

Retrieved on:

Tuesday, March 1, 2022

The company is also one of the leaders in the "Generation Equality Forum" initiated by UN Women.

Key Points:

The company is also one of the leaders in the "Generation Equality Forum" initiated by UN Women.
There is no doubt that the world needs technology, and technology needs an equality perspective."
Aygaz commits to tackle gender inequality in the technology and innovation ecosystem by reaching 100,000 women and girls from different age groups through education, mentoring and scholarship programs.
Creating long-term sustainable value for the world and the societies in which the Ko Group operates, lies at the heart of its business model.

KOÇ GROUP LAUNCHES A GENDER EQUALITY MOVEMENT IN TECHNOLOGY AND INNOVATION WITH RAFT OF NEW COMMITMENTS

Retrieved on:

Tuesday, March 1, 2022

ISTANBUL, March 1, 2022 /PRNewswire/ -- Koç Group companies leading in energy, automotive, consumer durables and finance sectors, Aygaz, Arçelik, Ford Otosan, Koçfinans, Tofaş, Tüpraş, TürkTraktör and Yapı Kredi, have announced their commitments to advance gender equality in technology and innovation in Turkey over the next 5 years. The CEOs of the respective companies introduced their road maps at a press conference in Istanbul, stating their goals to boost the number of women employees in the technology and innovation departments, setting minimum ratios to 30 percent.

Key Points:

In cooperation with the UN Women's Generation Equality Forum, Ko Holding has launched a gender equality movement in technology and innovation, mobilizing its Group companies.
The company is also one of the leaders in the "Generation Equality Forum" initiated by UN Women.
There is no doubt that the world needs technology, and technology needs an equality perspective."
Creating long-term sustainable value for the world and the societies in which the Ko Group operates, lies at the heart of its business model.