For outsiders it is usually very difficult or even impossible to determine the value of a company. Especially when it is not based on sales or profits, as in the case of MicroVision (NASDAQ:MVIS), but on intellectual property (patents) and existing technology that will be used in future products. In the case of MicroVision, however, it is essential for shareholders to know the valuation, as the company or parts of it are currently up for sale. In other words, it is important to know the amount a buyer is likely to pay before the sale. The only thing that helps here is to compare the company’s products with those of its competitors. Once this has been done, the company’s valuation can then be derived from the valuations of comparable competing companies. This is what this article tries to do for MicroVision, initially only for the Automotive LiDAR division, i.e.
BANGKOK (Reuters) – Luxury fashion and auto brands in Thailand have turned to selling their products on Japanese chat app Line amid the coronavirus pandemic, tapping the country’s growing appetite for social commerce, a top executive said on Thursday.
Brands like Louis Vuitton, Chanel and Volvo were among those that opened official accounts on the messaging app, which outranks Facebook’s WhatsApp and Rakuten’s Viber in Thailand, aiming to connect with users during a coronavirus lockdown.
“The luxury category was forced to adapt because their stores were closed,” Line Thailand chief commercial officer, Norasit Sitivechvichit, told Reuters.
Thailand earlier this year imposed a nationwide curfew and closed malls for nearly two months to contain infections.
“During the pandemic, sellers became very active,” Norasit said, adding that others sold cosmetics and fast-moving consumer goods.
Line, which charges sellers for sending messages and live streaming, said its monthly active users in Thailand grew
Despite dabbling in plug-in hybrid (PHEV) technology for some years now, Volvo is just building its fully electric car, the XC40 Recharge SUV. The Swedish car maker has announced that production has begun on its first all-battery offering.
“Today is a momentous occasion for Volvo Cars and for all employees here in Ghent,” said Javier Varela, head of global industrial operations and quality, in an October 1 press release. “As we continue to electrify our line-up, the Ghent plant is a real trailblazer for our global manufacturing network.”
To accommodate the new production line, Volvo had to reduce its output of pre-production cars at its Ghent plant. It also had its staff undergo extensive electric car building training to ensure safe production, optimized workflow, and quality manufacture.
Volvo’s first fully-electric vehicle builds on the stellar safety standards of the original XC40. However, due to the absence of
With every new car reveal, there’s at least a mention of new connectivity between your phone and car. Volvo took a slightly different approach and increased connectivity between your phone, your car, and your car’s dealership. Called Volvo On Call, it’s an app first developed in 2015 and has since steadily increased functionality. And now that includes booking service appointments.
With the app, you can schedule an appointment at any time. It automatically finds the nearest Volvo dealer to you and has access to the dealer management system so you have real time schedule availability. If the service you need is among common maintenance or repairs, the app gives cost estimates for the work as well.
Moreover, using Volvo’s Valet service, you can have your car picked up and a loaner car dropped off for you to use while the car is in service, and vice versa. To