Lucid opens EV factory in Saudi Arabia, home of its largest shareholder

September 27, 2023
Luxury EV maker Lucid Group has opened its first international factory in Saudi Arabia, the home of its largest shareholder. The factory, located in Jeddah, will have initial capacity to assemble 5,000 Lucid vehicles annually, according to the company. Lucid said it plans to expand the facility to 150,000-vehicle production capacity. Workers at the plant […]

Ex-Microsoft exec Panos Panay will head Amazon’s Devices business

September 27, 2023
Microsoft alum Panos Panay has been tapped to lead Amazon’s Devices & Services (D&S) business, the e-commerce giant confirmed today. Panay was previously with Microsoft for over 19 years, most recently serving as its EVP and Chief Product Officer, leading the Windows + Devices division. Panay began his tenure at Microsoft in the role of […]

New Strategies for Coping in Business

September 27, 2023
It can be challenging to keep up with the constant changes in the business world. Businesses of all sizes can be challenged by new technologies, competitors, and economic conditions. Keeping…