Tag Archives: Ventures’

News

CFMoto To Build Bikes For Yamaha Exclusively In China

Joint ventures between outstanding Japanese and European bikes and up and coming Chinese manufacturers are nothing new. We’ve seen partnerships like this sealed on a number of events in recent times, with the likes of KTM and CFMoto teaming up a number of years in the past, and with nice success. Other manufacturers akin to MV Agusta and Harley-Davidson have teamed up with QJ Motor for the event of particular fashions for key markets.

In September 2023, Yamaha was one of many newest to type a brand new partnership with Chinese model CFMoto. Back then when it was introduced, little or no details about the businesses’ plans in regards to the partnership had been revealed. Naturally, given Yamaha’s stable fame when it comes to high quality and innovation, in addition to CFMoto’s aggressive strategy to tackling the worldwide market, it’s simple to know why the announcement of the partnership gave beginning to a number of hypothesis. In Europe, specifically, fans questioned if CFMoto would develop and in a while produce sure fashions for Yamaha within the European market.

CFMoto 450 NK Europe
Akrapovič Releases New Slip-On Exhaust For Yamaha MT-03

Yamaha Motor Europe was fast to answer all of the speculations, with firm president Eric de Seynes clarifying that the collaborative efforts between CFMoto and Yamaha will probably be unique to the Chinese home market. “This deal with CFMoto is really a joint venture to support the Chinese market – which is huge – with specific Yamaha [models],” de Seynes informed Motorcycle News. Indeed, the Chinese motorbike market is among the many largest in Asia, and has been constructing various steam, notably within the premium section.

There’s been a number of consideration within the Asian market in latest months, notably in China, the place a number of new producers are rising with technology-driven, value-for-money fashions. Yamaha’s transfer to accomplice up with CFMoto to sort out this key market is clearly strategic, and can greater than probably pave the best way for the model to determine a good stronger foothold within the Chinese market.

The three way partnership gave beginning to a brand new firm known as Zhuzhou CF Yamaha Motor Co., Ltd, or ZCYM. According to Yamaha’s announcement again in September, the CFMoto is almost all stakeholder with 50 p.c possession of the brand new firm, whereas Yamaha is the minority stakeholder at 44.23 p.c. Tair Yea Limited, a holdings firm from Hong Kong, holds the remaining 5.77 p.c.

News, Technology

Women Accuse Contracting Firm of Intrusive Pre-Employment Questions at Bill Gates’ Ventures

According to a recent statement, a spokesperson from Gates Ventures denies any knowledge of inappropriate questions being asked during the screening process in their 15+ years of operation. They confirm that no job offers have been rescinded based on such information.

The security company named in the report is Concentric Advisors, accused of conducting these alleged applicant assessments. In response, Concentric Advisors states that while applicants may provide such information voluntarily, they never requested those details. The Wall Street Journal, however, claims to have reviewed documents, including one that describes a consent form for a “behavioral assessment” covering previous drug and alcohol use. The document states that the assessment would help determine the applicant’s “suitability for employment.”

The core concern revolves around the potential violation of employment laws if such questioning did occur. Concentric Advisors asserts compliance with pre-employment screening regulations and an internal email leaked to Gates Ventures employees reportedly indicates that the company was unaware of any such questions being asked.