Mes: enero 2021

Hyatt Announces Plans for the Addition of Three Story Hotels in Sweden

CHICAGO, Jan. 28, 2021 /PRNewswire/ — Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into franchise agreements with Story Hotels Holding AB to bring three hotels in Sweden under the JDV Hotel brand, helping to grow Hyatt’s independent collection brand in Europe. The three boutique hotels – Story Hotel Riddargatan and…

CHICAGO, Jan. 28, 2021 /PRNewswire/ — Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into franchise agreements with Story Hotels Holding AB to bring three hotels in Sweden under the JDV Hotel brand, helping to grow Hyatt’s independent collection brand in Europe. The three boutique hotels – Story Hotel Riddargatan and Story Hotel Signalfabriken in Stockholm, as well as Story Hotel Studio Malmö, Sweden – will all retain their individual hotel names and unique identities. The three Story Hotels will be available for reservation through Hyatt’s booking channels and for World of Hyatt members to earn and redeem points for stays starting April 1, 2021.

Hyatt’s independent collection portfolio is a collection of brands that not only embrace the locations in which each hotel resides, but serve as a gateway to some of the most sought-after destinations worldwide. Each property brings a sense of place to the guest experience in new and unforgettable ways.

«We are very excited to bring these three Story Hotels in Europe under Hyatt’s JDV Hotel brand portfolio and at the same time grow the Hyatt hotel footprint in Sweden,» said Felicity Black-Roberts, vice president development for Europe at Hyatt. «We are focused on thoughtful growth in locations that meet our guests and members needs, and the upcoming addition of three Story Hotels help us fuel this growth in markets like Scandinavia, as we collaborate with owners who want to maintain each property’s unique identity. With their strong design focus and neighborhood feel, Story Hotels will be the perfect representation of Hyatt’s independent collection in Europe.»

Story Hotel Riddargatan, Story Hotel Signalfabriken and Story Hotel Studio Malmö are ideally located at the heart of their destinations and each will celebrate the unique neighborhoods in which the properties reside. With modern, Scandinavian design that reflects the edgy nature of both cities, the hotels will offer amenities for both business and leisure travelers.

«It was clear at an early stage that Hyatt and Story Hotels had a very similar vision of how modern upscale living should look and feel,» said Staffan Åkerlind, CEO Story Hotels. «We are thrilled to introduce the JDV Hotel brand to Europe and Scandinavia and, we are proud to be working with such an experienced, international hospitality company like Hyatt. We look forward to leveraging their experience to offer excellent service to our guests and benefit from their global scale and distribution platform.»

All three hotels will feature individually designed boutique guestrooms, vibrant public spaces and food and beverage offerings popular with both visitors and locals alike. Boutique in size as a reflection of their urban locations, each hotel will offer complimentary access to local gyms during their stay.

Story Hotel Riddargatan, Stockholm

An 83-room property widely believed to be one of Stockholm’s original boutique hotels, the Story Hotel Riddargatan will have an industrial design to represent the building’s former life as an apartment complex, barber shop and garage. The property is centrally located in the Östermalm area with easy access to vibrant neighborhood restaurants, cafés and bars as well as the high-end shopping district. The hotel will also feature a restaurant, Ling Long, specializing in Southeast Asian cuisine, and one indoor and one outdoor bar.

Story Hotel Signalfabriken, Stockholm

Story Hotel Signalfabriken will feature 83 individually designed guestrooms and a vibrant bar and restaurant, which will host regular DJ performances. Formerly a fire station and town hall, this listed property in Sundbyberg’s Torg neighborhood will attract business travelers with meetings in the surrounding areas of Solna, Bromma and Kista. Leisure guests  will enjoy the small town feel and abundance of restaurants nearby with quick access to Stockholm’s city center in less than ten minutes via the nearby tram, bus and subway lines.

Story Hotel Studio Malmö

Story Hotel Studio Malmö will feature 95 unique guestrooms, all creative and playful in their design to reflect the young and vibrant population of the city. Situated on the top floors of a high-rise building, the hotel offers spectacular views overlooking the city and water. The hotel is part of the mixed-use STUDIO building, which also houses conference and meeting facilities, corporate offices, retail outlets, several restaurants and a café. With its unique waterside location at Universitetsholmen, and  close proximity to Malmö’s central station, guests  can easily  explore the city, and nearby Copenhagen via a 35-minute train ride. The hotel’s restaurant and cocktail bar, Kasai in the Sky, will deliver food and drink on Malmö’s highest outdoor terrace with views of the ocean and city skyline.

Story Hotel Riddargatan, Story Hotel Signalfabriken and Story Hotel Studio Malmö are expected to increase the number of Hyatt hotels in Sweden to four, following the 2020 opening of Stockholm’s Hotell Reisen, which is part of The Unbound Collection by Hyatt brand. Fueled by guests’ growing desire for unique, differentiated experiences that foster genuine connections with people and cultures, Hyatt recently announced its intention to grow by more than 30 percent in Europe, with a significant focus on developing the footprint of its lifestyle brands.

For more information, please visit www.jdvhotels.com.

Guided by its purpose of care, Hyatt’s multi-layered Global Care & Cleanliness Commitment further enhances its operational guidance and resources around colleague and guest safety and peace of mind. More information on Hyatt’s commitment can be found here: hyatt.com/care-and-cleanliness.

The term «Hyatt» is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About JDV Hotels

A community for the spirited, light-hearted, and young-at-heart, JDV Hotels offers a collection of vibrant, independent hotels that are true reflections of the urban neighborhoods they call home. Each hotel provides an experience that is inclusive in spirit and space, welcoming all vibes, tribes and unique souls—effortlessly bringing people together with joy-driven service. Embracing its namesake, each property invites guests and locals to connect, live in the moment and celebrate the joy of life. Follow @JDVHotels on Facebook, Instagram, and Twitter for news and updates. For more information, please visit www.jdvhotels.com.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company offering 20 premier brands. As of September 30, 2020, the Company’s portfolio included more than 950 hotel, all-inclusive, and wellness resort properties in 67 countries across six continents. The Company’s purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to attract and retain top employees, build relationships with guests and create value for shareholders. The Company’s subsidiaries develop, own, lease, operate, manage, franchise, license or provide services to hotels, resorts, branded residences, and vacation ownership properties, including under the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination®, Hyatt Regency®, Hyatt®, Hyatt Ziva™, Hyatt Zilara™, Thompson Hotels®, Hyatt Centric®, Caption by Hyatt, Joie de Vivre®, Hyatt House®, Hyatt Place®,tommie™, UrCove, and Hyatt Residence Club® brand names, and operates the World of Hyatt® loyalty program that provides distinct benefits and exclusive experiences to its valued members. For more information, please visit www.hyatt.com.

About Story Hotel Holding AB
Story Hotel Holding is the parent company of Story Hotel Riddargatan, Story Hotel Signalfabriken and Story Hotel Studio Malmö, with a total of 261 hotel rooms and 519 beds.The Company’s vision is to acquire and open additional Story Hotels in Scandinavia and Northern Europe within a few years and to continue to challenge the conventional hotel industry by taking advantage of technological solutions, pay homage to individualism and offering creative hotel alternatives inspired by design, art and music.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as «may,» «could,» «expect,» «intend,» «plan,» «seek,» «anticipate,» «believe,» «estimate,» «predict,» «potential,» «continue,» «likely,» «will,» «would» and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the short- and longer-term effects of the COVID-19 pandemic, including on the demand for travel, transient and group business, and levels of consumer confidence; actions that governments, businesses, and individuals take in response to the COVID-19 pandemic or any resurgence, including limiting or banning travel; the impact of the COVID-19 pandemic, and actions taken in response to the COVID-19 pandemic or any resurgence, on global and regional economies, travel, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the ability of third-party owners, franchisees or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic; the duration of the COVID-19 pandemic and the pace of recovery following the pandemic or any resurgence; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases or fear of such outbreaks, such as the COVID-19 pandemic; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans and common stock repurchase program and quarterly dividend, including a reduction in or elimination of repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions, and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission («SEC»), including our annual report on Form 10-K and our Quarterly Report on Form 10-Q filed on May 7, 2020, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements.  We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

Photo – https://mma.prnewswire.com/media/1428693/Hyatt_Story_Hotel_Studio_Malmo.jpg

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/hyatt-announces-plans-for-the-addition-of-three-story-hotels-in-sweden-301216953.html

SOURCE Hyatt Hotels Corporation

The Volvo Group creates business area dedicated to accelerating electrification

GOTHENBURG, Sweden, Jan. 28, 2021 /PRNewswire/ — The new business area Volvo Energy will strengthen the Volvo Group’s business flow of batteries over the life cycle as well as the customer offer for charging infrastructure. At the same time, the environmental impact from electric and hybrid electric commercial vehicles and machines will be reduced by giving used batteries a second life in different applications.

«There is a great and growing interest for electric vehicles and machines…

GOTHENBURG, Sweden, Jan. 28, 2021 /PRNewswire/ — The new business area Volvo Energy will strengthen the Volvo Group’s business flow of batteries over the life cycle as well as the customer offer for charging infrastructure. At the same time, the environmental impact from electric and hybrid electric commercial vehicles and machines will be reduced by giving used batteries a second life in different applications.

«There is a great and growing interest for electric vehicles and machines among our customers. This is of course very positive as it accelerates the transition towards more sustainable transport solutions. Our ambition is to offer our customers the most competitive solutions when it comes to electrification, including batteries and charging infrastructure. With Volvo Energy, we are taking a holistic view of the entire life cycle, which benefits both our customers’ business and society as a whole», says Martin Lundstedt, President and CEO.

Already today, the Volvo Group’s offer of electric vehicles and machines ranges from city buses and trucks for waste management, construction and urban distribution to compact excavators and loaders. The roll-out of additional, electric vehicles and related services will continue with high pace and later this year, it will also include e.g. heavy-duty trucks for regional transports or construction.

Volvo Energy will be a business area with full profit and loss responsibility. It will have both an internal role, providing batteries and charging solutions to the Volvo Group’s other business areas, and an external role, offering used, remanufactured and refurbished batteries to customers for use across different applications. Volvo Energy will also carry the Group’s responsibility for hydrogen infrastructure solutions for fuel cell electric vehicles. Collaborations with various business partners and actors across the ecosystem will be key.

Commercial vehicle batteries will be used for many years in the vehicle before they need to be replaced or remanufactured/refurbished. However, if completely new batteries are fitted to the vehicle, the used ones will generally still have considerable life left to offer, which makes them ideal for energy storage purposes in for example buildings or in green energy production. Repurposing these batteries therefore mean that natural resources are conserved.

«With Volvo Energy, we are further increasing our focus on this important area. We are also giving vehicle batteries a second life, which is both a business opportunity and a way to contribute to the creation of a circular economy and a fossil free society», says Martin Lundstedt.

Joachim Rosenberg, member of the Volvo Group Executive Board and Chairman of UD Trucks, will head the new business area. Starting in February 2021, he will lead the effort to create Volvo Energy while also continuing to run UD Trucks and preparing the transfer of UD Trucks ownership to Isuzu Motors as part of the previously communicated strategic alliance between the Volvo Group and Isuzu Motors.

The financial results for Volvo Energy will be reported as part of the Truck segment.

January 28, 2021

Journalists wanting further information, please contact:

Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29

For more information, please visit volvogroup.com/futureoftransportation

The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100.000 people and serves customers in more than 190 markets. In 2019, net sales amounted to about SEK 432 billion (EUR 40.5 billion). Volvo shares are listed on Nasdaq Stockholm.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ab-volvo/r/the-volvo-group-creates-business-area-dedicated-to-accelerating-electrification,c3275412

The following files are available for download:

https://mb.cision.com/Main/39/3275412/1364688.pdf

210128-volvo-group-creates-new-business-area-for-electrification-pressrelease-eng.pdf

https://news.cision.com/ab-volvo/i/1860×1050-image-joachim-rosenberg-volvo-energy,c2871720

1860×1050-image-joachim-rosenberg-volvo-energy

Cision View original content:http://www.prnewswire.com/news-releases/the-volvo-group-creates-business-area-dedicated-to-accelerating-electrification-301216947.html

SOURCE AB Volvo

Vacation Rental Demand Increases As A Result Of COVID-19

WILMINGTON, Mass., Jan. 28, 2021 /PRNewswire-PRWeb/ — The spread of COVID-19 has had an unprecedented impact on the travel industry and as travel slowly starts to resume, new trends are developing. According to Villas of Distinction®, there is an increased demand for U.S. domestic villas, an uptick in…

WILMINGTON, Mass., Jan. 28, 2021 /PRNewswire-PRWeb/ — The spread of COVID-19 has had an unprecedented impact on the travel industry and as travel slowly starts to resume, new trends are developing. According to Villas of Distinction®, there is an increased demand for U.S. domestic villas, an uptick in long-term rentals and a shift in the time from booking to traveling.

«Those who aren’t quite comfortable coming into contact with large groups of people are opting to take a staycation or a road trip, and stay in a private villa which is an accommodation type that provides a socially-distanced experience,» said Willie Fernandez, general manager and vice president for Villas of Distinction.

The most notable trend for people booking 2021 vacations is the increased demand for domestic villas. Since people may be nervous about traveling out of the country and some aren’t comfortable flying, there is heightened interest in road trips and staycations. As a result of this, in the last nine months Villas of Distinction has added more than 300 villas in the U.S. including California, Colorado, Connecticut, the Florida Panhandle, Georgia, Missouri, Montana, New Mexico, New York, North Carolina, South Carolina, Tennessee, Utah and Virginia. In addition, Villas of Distinction will add more villas in Canada for the Canadian market as they are also required to stay within their country.

Now that many children are doing school virtually and parents are working remotely, they can complete their work from anywhere. Villas of Distinction is seeing many family’s traveling and staying in a villa even when not using «vacation» time. These workcations have led to an increase in long-term rentals and is very popular in the Caribbean islands such as Barbados and Grand Cayman, which have both devised programs specifically geared toward this type of traveler.

Villas of Distinction has also seen a shift in book-to-travel windows. In 2020, there was a seven percent increase in people wanting to get away within 0-60 days, creating more close-in bookings than its seen in years’ past. There was also a five percent increase in people booking more than a year in advance even into late 2022 and 2023.

People are looking for travel options where they can adhere to the safety guidelines set by their country. Villas of Distinction’s villa properties have agreed to follow the Vacation Rental Management Association for safety and cleaning protocols.

There will be a pent-up demand for travel and people can get away, but still be in a home away from home. For more information about Villas of Distinction or to book a villa vacation, visit http://www.VillasofDistinction.com or call 800-289-0900.

About Villas of Distinction®
Villas of Distinction®, as part of World Travel Holdings, is an award-winning, full-service premier luxury villa experience creator with an extensive portfolio of thousands of privately-owned villas in more than 50 luxurious destinations worldwide including the Caribbean, Mexico, Hawaii, Europe, Central America, the United States and many private islands. Many villas feature private pools, butlers, maids and chefs. The luxury villa provider has gained its guests’ trust by ensuring every villa meets strict standards so that each home exceeds expectations. Since 1989, Villas of Distinction’s team of experts have made vacation planning effortless by helping travelers find their perfect vacation home and creating one-of-a-kind getaways and lasting memories at the world’s top villas. http://www.VillasofDistinction.com.

Media Contact

Angie Ranck, Villas of Distinction, 1-877-958-7447, media@wth.com

 

SOURCE Villas of Distinction

Young Adults Are on an Uncertain Road to Retirement

LOS ANGELES, Jan. 28, 2021 /PRNewswire/ — With increasing strain on social security systems globally and the economic effects of the pandemic intensifying, young adults are setting out on an uncertain journey of work and money. They are expecting to self-fund an even greater proportion of their retirement income than previous generations. However, few young adult workers (age 20 to 29) think they are on course to achieve their retirement income needs (20 percent global, 26 percent U.S.), according to a report released today, <a…

LOS ANGELES, Jan. 28, 2021 /PRNewswire/ — With increasing strain on social security systems globally and the economic effects of the pandemic intensifying, young adults are setting out on an uncertain journey of work and money. They are expecting to self-fund an even greater proportion of their retirement income than previous generations. However, few young adult workers (age 20 to 29) think they are on course to achieve their retirement income needs (20 percent global, 26 percent U.S.), according to a report released today, The New Social Contract: Young adults reinventing life, work, and retirement.

«Navigating our 20s was a struggle before the pandemic. Now, many of us are in a more precarious financial situation. From high rates of student debt and unemployment to unaffordable housing, a variety of factors are stacking against young Americans’ ability to achieve long-term financial security,» said Heidi Cho, a millennial retirement expert for nonprofit Transamerica Center for Retirement Studies®.

The new report explores retirement related attitudes and behaviors of workers in their 20s, a cohort straddling Millennials and Generation Z. The survey spans 15 countries in the Americas, Europe, Asia, and Australia. It was conducted during January and February 2020 at the onset of the pandemic and is a collaboration among nonprofit Transamerica Center for Retirement Studies® (TCRS), Aegon Center for Longevity and Retirement (ACLR), and Instituto de Longevidade Mongeral Aegon.

Life Priorities, Financial Priorities, and Retirement Preparations

«Young adults are reinventing life, work, and retirement to infuse flexibility. With the potential to live longer, we have more time to pursue our passions, embark on different careers, and possibly take gap years,» said Cho. 

Young adult workers are juggling a variety of life priorities including their careers (53 percent global, 56 percent U.S.), enjoying life (53 percent global, 59 percent U.S.), and planning for their financial future (53 percent global, 62 percent U.S.). At the same time, they face competing financial priorities including paying for basic living expenses, enjoying life, home ownership, major life events, supporting family, and paying off debt.

While relatively few young adult workers cite saving for retirement as a financial priority, many have already begun thinking about retirement. The survey finds encouraging news that 32 percent of young adult workers globally are «habitual savers» who make sure they are always saving for retirement (40 percent U.S.). Globally, 17 percent of young adult workers have a written retirement strategy and 42 percent have an unwritten strategy (25 percent, 31 percent respectively U.S.). They estimate that more of their retirement income is likely to come from their own savings and investments (36 percent global, 35 percent U.S.) and the government (36 percent global, 34 percent U.S.), than from employers (28 percent global, 32 percent U.S.).

The life journeys of young adults require an increasing do-it-yourself approach to retirement preparations, especially given their job-hopping tendencies and expectations. More than half of young adult workers say the longest period of time they have worked for, or expect to work for, any single employer is one to five years (52 percent global, 59 percent U.S.).  

«Saving for retirement may be the last thing that comes to mind for young Americans, especially amid the pandemic. However, it is important that everyone begins saving and planning as early as possible to benefit from the long-term compounding of investments over the course of our lives,» said Catherine Collinson, CEO and president of nonprofit Transamerica Institute® and TCRS, and executive director of ACLR.

How Employers Can Support Young Adult Workers

Employers play a highly influential role in facilitating retirement preparations for workers. When asked what prompted them to start saving for retirement, young adult workers more often cite employer-related reasons (49 percent global, 52 percent U.S.), such as starting a job, the offering of retirement benefits, automatic enrollment, and/or receiving a raise or promotion, than life-stage related reasons (44 percent global and U.S.).

Employers can help their young adult employees by offering meaningful work experience, competitive compensation and benefits packages, flexible work arrangements that support work-life balance, and training and development programs. Because young adults are more likely than preceding generations to switch careers, change employers, and possibly spend time in self-employment, they need portable health, welfare, and retirement benefits that they can maintain on their own after they separate from an employer. 

«Young Americans should join together and make retirement savings a priority, raising our voices and demanding a concerted effort among policymakers, industry, and employers to ensure generational equity in Social Security and a modernized retirement system that will serve us and future generations of retirees,» said Cho.

The New Social Contract: Young adults reinventing life, work, and retirement contains in-depth analysis, country-specific comparisons, and detailed recommendations for young adults, employers, and governments. It is based on findings from the 9th Annual Aegon Retirement Readiness survey. Please visit www.transamericacenter.org to download the report and other global retirement research in The New Social Contract series. Follow TCRS on Twitter @TCRStudies.

Transamerica Center for Retirement Studies®
Transamerica Center for Retirement Studies® (TCRS) is a division of Transamerica Institute®, a nonprofit, private foundation. TCRS is dedicated to conducting research and educating the American public on trends, issues, and opportunities related to saving, planning for, and achieving financial security in retirement. Transamerica Institute is funded by contributions from Transamerica Life Insurance Company and its affiliates and may receive funds from unaffiliated third parties. TCRS and its representatives cannot give ERISA, tax, investment or legal advice. www.transamericacenter.org

Aegon Center for Longevity and Retirement
Aegon Center for Longevity and Retirement (ACLR) is a collaboration of experts assembled by Aegon with representation from Europe, the Americas, and Asia. ACLR’s mission is to conduct research, educate the public, and inform a global dialogue on trends, issues, and opportunities surrounding longevity, population aging, and retirement security. www.aegon.com/thecenter

Instituto de Longevidade Mongeral Aegon
A champion in the theme of longevity and its social economic impacts in Brazil. With its initiatives, the nonprofit organization tackles the challenges of living longer by integrating governments, companies, schools and people through activities towards income, work, health, and behavior. The Instituto is part of the Mongeral Aegon Group and provides complimentary services to create opportunities for individuals of all ages.
www.institutomongeralaegon.org

Transamerica Center for Retirement Studies®
660 South Figueroa Street, Suite 1980
Los Angeles, CA 90017
Contact: Kristin Elia
kelia@webershandwick.com  
213-293-8586

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/young-adults-are-on-an-uncertain-road-to-retirement-301216908.html

SOURCE Transamerica Center for Retirement Studies

Alfa Laval joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

LUND, Sweden, Jan. 28, 2021 /PRNewswire/ — Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to accelerate and work with the development of low- and zero carbon technologies for the marine industry. As a strategic partner Alfa Laval will be part of the Center’s advisory board, providing strategic and technical guidance for future development projects and activities.  

The…

LUND, Sweden, Jan. 28, 2021 /PRNewswire/ — Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has joined the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping to accelerate and work with the development of low- and zero carbon technologies for the marine industry. As a strategic partner Alfa Laval will be part of the Center’s advisory board, providing strategic and technical guidance for future development projects and activities.  

The International Maritime Organization (IMO) targets a 50 percent reduction of vessel-related greenhouse gas emissions by 2050. To achieve the long-term target of decarbonization the industry must shift to new fuel types and technologies. The development of new technologies requires coordinated efforts by industry leaders to ensure that research and innovations are successfully matured into scalable solutions.

The collaboration with the Mærsk Mc-Kinney Møller Center will focus on accelerating the development of low- and zero carbon technologies through joint projects and activities. One example is the recently announced `SOFC4Maritime’, which targets solutions for green fuels to generate power onboard marine vessels.

«Collaboration with industry experts is vital to achieve a shift towards more sustainable solutions. We need a common view of the roadmap for the shipping industry, and we will bring our individual expertise to the table to drive and accelerate the development,» says Sameer Kalra, President of the Marine Division. «One of the latest projects `SOFC4Maritime’ (for solid oxide fuel cells) is just one example of activities which stems from that ambition.»

Bo Cerup-Simonsen, CEO of the Mærsk Mc-Kinney Møller Center comments: «Alfa Laval shares our vision of a zero-carbon maritime industry and acknowledges the vast effort required to get there. Their vital experience and knowledge will enable the Center to establish the overall narrative of the transition and contribute to the projects and activities which will accelerate the development of tomorrow’s solution.»

Did you know that… since ships have a lifetime of 20 years or more, zero-emission vessels must begin entering the global fleet by 2030 for a 50 percent reduction to be achieved by 2050?

This is Alfa Laval 

Alfa Laval is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress – always going the extra mile to support customers in achieving their business goals and sustainability targets.

Alfa Laval’s innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day. It’s all about Advancing better™.

Alfa Laval has 17,500 employees. Annual sales in 2019 were SEK 46.5 billion (approx. EUR 4.4 billion). The company is listed on Nasdaq OMX.

www.alfalaval.com

For more information please contact:

Johan Lundin
Head of Investor Relations
Alfa Laval
Tel: +46 46 36 65 10
Mobile: +46 730 46 30 90

Eva Schiller
PR Manager
Alfa Laval
Tel: + 46 46 36 71 01
Mobile: +46 709 38 71 01

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/alfa-laval/r/alfa-laval-joins-the-maersk-mc-kinney-moller-center-for-zero-carbon-shipping,c3275391

The following files are available for download:

Cision View original content:http://www.prnewswire.com/news-releases/alfa-laval-joins-the-maersk-mc-kinney-moller-center-for-zero-carbon-shipping-301216937.html

SOURCE Alfa Laval

GAC Group achieves breakthrough in graphene-based fast-charging battery technology, vehicle model Aion V equipped with the new battery to start production in September

GUANGZHOU, China, Jan. 28, 2021 /PRNewswire/ — All over the world, new energy vehicles have become a key solution for low-carbon travel, but battery technology has always restricted the development and widespread use of electric vehicles. In recent years, graphene, a new material with excellent electrical conductivity, has been the key to breakthroughs in battery technology.

Recently, GAC Group announced a major achievement in battery technology. The graphene-based super-fast-charging battery…

GUANGZHOU, China, Jan. 28, 2021 /PRNewswire/ — All over the world, new energy vehicles have become a key solution for low-carbon travel, but battery technology has always restricted the development and widespread use of electric vehicles. In recent years, graphene, a new material with excellent electrical conductivity, has been the key to breakthroughs in battery technology.

Recently, GAC Group announced a major achievement in battery technology. The graphene-based super-fast-charging battery has made breakthrough progress and has now entered the phase of actual vehicle testing. Aion V, the first vehicle to be equipped with the battery, is undergoing winter testing and is initially scheduled for mass production in September this year.

Graphene initially cost up to a few hundred dollars per gram, and was thus called «black gold». At the «2020 GAC Tech Day» held in July, GAC Group demonstrated its 3DG (three-dimensional graphene) production technology with independent intellectual property rights, solving the issue of high costs of graphene. The simple, stable, and efficient production method reduces costs to only one-tenth of the conventional method.

After achieving low-cost and large-scale production of graphene, GAC Group has also made major breakthroughs in the downstream application of its use. Among them, the electric vehicle industry is most interested in the graphene-based super-fast-charging battery. This graphene-based battery has a 6C fast charge capability, combined with a 600A high-power charger, can be recharged to 80% capacity in 8 minutes. The battery has also passed the most stringent safety test – Battery Shooting Test, possessing quality and reliability of the highest standard.

This graphene-based battery technology is an industry leader. It will significantly shorten charging time, as well as greatly extend battery life, solving the current «pain points» of pure electric vehicles. The good news is that this battery technology has come out of the laboratory into real-world production. Aion V, the first vehicle model equipped with this graphene-based battery, has entered the mass production testing phase.

GAC Group’s strategic planning and proactive approach in the field of advanced technology will provide strong support for the global expansion and development of its own brand GAC MOTOR. It is not difficult to predict that with multiple innovative technologies under its belt, GAC MOTOR will be empowered to continue creating a high-quality, high-tech, and pleasant driving experience for consumers.

GAC Group achieves breakthrough in graphene-based fast-charging battery technology, vehicle model Aion V equipped with the new battery to start production in September

GUANGZHOU, China, Jan. 28, 2021 /PRNewswire/ — All over the world, new energy vehicles have become a key solution for low-carbon travel, but battery technology has always restricted the development and widespread use of electric vehicles. In recent years, graphene, a new material with excellent electrical conductivity, has been the key to breakthroughs in battery technology.

Recently, GAC Group announced a major achievement in battery technology. The graphene-based super-fast-charging battery…

GUANGZHOU, China, Jan. 28, 2021 /PRNewswire/ — All over the world, new energy vehicles have become a key solution for low-carbon travel, but battery technology has always restricted the development and widespread use of electric vehicles. In recent years, graphene, a new material with excellent electrical conductivity, has been the key to breakthroughs in battery technology.

Recently, GAC Group announced a major achievement in battery technology. The graphene-based super-fast-charging battery has made breakthrough progress and has now entered the phase of actual vehicle testing. Aion V, the first vehicle to be equipped with the battery, is undergoing winter testing and is initially scheduled for mass production in September this year.

Graphene initially cost up to a few hundred dollars per gram, and was thus called «black gold». At the «2020 GAC Tech Day» held in July, GAC Group demonstrated its 3DG (three-dimensional graphene) production technology with independent intellectual property rights, solving the issue of high costs of graphene. The simple, stable, and efficient production method reduces costs to only one-tenth of the conventional method.

After achieving low-cost and large-scale production of graphene, GAC Group has also made major breakthroughs in the downstream application of its use. Among them, the electric vehicle industry is most interested in the graphene-based super-fast-charging battery. This graphene-based battery has a 6C fast charge capability, combined with a 600A high-power charger, can be recharged to 80% capacity in 8 minutes. The battery has also passed the most stringent safety test – Battery Shooting Test, possessing quality and reliability of the highest standard.

This graphene-based battery technology is an industry leader. It will significantly shorten charging time, as well as greatly extend battery life, solving the current «pain points» of pure electric vehicles. The good news is that this battery technology has come out of the laboratory into real-world production. Aion V, the first vehicle model equipped with this graphene-based battery, has entered the mass production testing phase.

GAC Group’s strategic planning and proactive approach in the field of advanced technology will provide strong support for the global expansion and development of its own brand GAC MOTOR. It is not difficult to predict that with multiple innovative technologies under its belt, GAC MOTOR will be empowered to continue creating a high-quality, high-tech, and pleasant driving experience for consumers.

GAC Group achieves breakthrough in graphene-based fast-charging battery technology, vehicle model Aion V equipped with the new battery to start production in September

GUANGZHOU, China, Jan. 28, 2021 /PRNewswire/ — All over the world, new energy vehicles have become a key solution for low-carbon travel, but battery technology has always restricted the development and widespread use of electric vehicles. In recent years, graphene, a new material with excellent electrical conductivity, has been the key to breakthroughs in battery technology.

Recently, GAC Group announced a major achievement in battery technology. The graphene-based super-fast-charging battery…

GUANGZHOU, China, Jan. 28, 2021 /PRNewswire/ — All over the world, new energy vehicles have become a key solution for low-carbon travel, but battery technology has always restricted the development and widespread use of electric vehicles. In recent years, graphene, a new material with excellent electrical conductivity, has been the key to breakthroughs in battery technology.

Recently, GAC Group announced a major achievement in battery technology. The graphene-based super-fast-charging battery has made breakthrough progress and has now entered the phase of actual vehicle testing. Aion V, the first vehicle to be equipped with the battery, is undergoing winter testing and is initially scheduled for mass production in September this year.

Graphene initially cost up to a few hundred dollars per gram, and was thus called «black gold». At the «2020 GAC Tech Day» held in July, GAC Group demonstrated its 3DG (three-dimensional graphene) production technology with independent intellectual property rights, solving the issue of high costs of graphene. The simple, stable, and efficient production method reduces costs to only one-tenth of the conventional method.

After achieving low-cost and large-scale production of graphene, GAC Group has also made major breakthroughs in the downstream application of its use. Among them, the electric vehicle industry is most interested in the graphene-based super-fast-charging battery. This graphene-based battery has a 6C fast charge capability, combined with a 600A high-power charger, can be recharged to 80% capacity in 8 minutes. The battery has also passed the most stringent safety test – Battery Shooting Test, possessing quality and reliability of the highest standard.

This graphene-based battery technology is an industry leader. It will significantly shorten charging time, as well as greatly extend battery life, solving the current «pain points» of pure electric vehicles. The good news is that this battery technology has come out of the laboratory into real-world production. Aion V, the first vehicle model equipped with this graphene-based battery, has entered the mass production testing phase.

GAC Group’s strategic planning and proactive approach in the field of advanced technology will provide strong support for the global expansion and development of its own brand GAC MOTOR. It is not difficult to predict that with multiple innovative technologies under its belt, GAC MOTOR will be empowered to continue creating a high-quality, high-tech, and pleasant driving experience for consumers.

Cision View original content:http://www.prnewswire.com/news-releases/gac-group-achieves-breakthrough-in-graphene-based-fast-charging-battery-technology-vehicle-model-aion-v-equipped-with-the-new-battery-to-start-production-in-september-301216924.html

SOURCE GAC MOTOR

GAC Group achieves breakthrough in graphene-based fast-charging battery technology, vehicle model Aion V equipped with the new battery to start production in September

GUANGZHOU, China, Jan. 28, 2021 /PRNewswire/ — All over the world, new energy vehicles have become a key solution for low-carbon travel, but battery technology has always restricted the development and widespread use of electric vehicles. In recent years, graphene, a new material with excellent electrical conductivity, has been the key to breakthroughs in battery technology.

Recently, GAC Group announced a major achievement in battery technology. The graphene-based super-fast-charging battery…

GUANGZHOU, China, Jan. 28, 2021 /PRNewswire/ — All over the world, new energy vehicles have become a key solution for low-carbon travel, but battery technology has always restricted the development and widespread use of electric vehicles. In recent years, graphene, a new material with excellent electrical conductivity, has been the key to breakthroughs in battery technology.

Recently, GAC Group announced a major achievement in battery technology. The graphene-based super-fast-charging battery has made breakthrough progress and has now entered the phase of actual vehicle testing. Aion V, the first vehicle to be equipped with the battery, is undergoing winter testing and is initially scheduled for mass production in September this year.

Graphene initially cost up to a few hundred dollars per gram, and was thus called «black gold». At the «2020 GAC Tech Day» held in July, GAC Group demonstrated its 3DG (three-dimensional graphene) production technology with independent intellectual property rights, solving the issue of high costs of graphene. The simple, stable, and efficient production method reduces costs to only one-tenth of the conventional method.

After achieving low-cost and large-scale production of graphene, GAC Group has also made major breakthroughs in the downstream application of its use. Among them, the electric vehicle industry is most interested in the graphene-based super-fast-charging battery. This graphene-based battery has a 6C fast charge capability, combined with a 600A high-power charger, can be recharged to 80% capacity in 8 minutes. The battery has also passed the most stringent safety test – Battery Shooting Test, possessing quality and reliability of the highest standard.

This graphene-based battery technology is an industry leader. It will significantly shorten charging time, as well as greatly extend battery life, solving the current «pain points» of pure electric vehicles. The good news is that this battery technology has come out of the laboratory into real-world production. Aion V, the first vehicle model equipped with this graphene-based battery, has entered the mass production testing phase.

GAC Group’s strategic planning and proactive approach in the field of advanced technology will provide strong support for the global expansion and development of its own brand GAC MOTOR. It is not difficult to predict that with multiple innovative technologies under its belt, GAC MOTOR will be empowered to continue creating a high-quality, high-tech, and pleasant driving experience for consumers.

Cision View original content:http://www.prnewswire.com/news-releases/gac-group-achieves-breakthrough-in-graphene-based-fast-charging-battery-technology-vehicle-model-aion-v-equipped-with-the-new-battery-to-start-production-in-september-301216924.html

SOURCE GAC MOTOR