Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal Year Ended March 31, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022

TOKYO, May 14, 2021 /PRNewswire/ — Despite some unfavorable factors such as a decrease in demand due to the impact of the COVID-19 pandemic and the impact of semiconductor supply shortages, consolidated operating profit for the fiscal year ended March 31, 2021 (FY21) amounted to 660.2 billion yen due primarily to control of selling, general… Continue reading Honda Motor Co., Ltd. (HMC:NYSE) announced its Consolidated Financial Summary for the Fiscal Year Ended March 31, 2021 and Forecasts for the Fiscal Year Ending March 31, 2022

Human Horizons Unveils 4 New HiPhi X Models at 2021 Shanghai Auto Show

Demonstrating the company’s vision of ‘design defined by scenarios, vehicle defined by software, and value defined by co-creation‘, the HiPhi X exhibition (Hall 4.1, 4A06) at the 19th International Automobile Industry Exhibition in Shanghai gave users a unique and immersive interactive experience. Utilizing its class leading H-SOA electrical architecture and the newly designed theatre-style booth,… Continue reading Human Horizons Unveils 4 New HiPhi X Models at 2021 Shanghai Auto Show

Randon Reports First Quarter 2021 Results

CAXIAS DO SUL, Brazil, May 13, 2021 /PRNewswire/ — Randon S.A – Implementos e Participações (B3 – RAPT3 and RAPT4), which operates within the segments of trailers, auto parts and services, reports its results for the first quarter of 2021 (1Q2021), ended in March 31, 2021. The financial and operating information of the Company, except… Continue reading Randon Reports First Quarter 2021 Results

Hyundai Motor Group to Invest $7.4 Billion In the U.S. by 2025

José Muñoz, Hyundai Motor Company’s Global Chief Operating Officer and President and CEO of Hyundai Motor North America said, “I am excited to make this announcement on behalf of the Hyundai Motor Group. This investment demonstrates our deep commitment to the U.S. market, our dealers and customers. Hyundai will lead the future of mobility in… Continue reading Hyundai Motor Group to Invest $7.4 Billion In the U.S. by 2025

Goodyear Announces Offering Of Senior Notes In Connection With Planned Cooper Tire Acquisition

AKRON, Ohio, May 13, 2021 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced that it has commenced a private offering to eligible purchasers of $1.45 billion aggregate principal amount of 8- and 10-year senior notes. The notes will be senior unsecured obligations of the company. Issuance and sale of the notes… Continue reading Goodyear Announces Offering Of Senior Notes In Connection With Planned Cooper Tire Acquisition

The Era of Green: Yadea Announces Plans to Invest Over US$150 million in Electric Mobility R&D in 2021

Yadea’s continued investment in R&D comes as environmental protection is at the forefront of global discussions. Earlier this year, member states of the European Union (EU) adopted ambitious new targets to cut carbon emissions by at least 55 percent by 2030, and the United Kingdom has followed suit with radical plans to cut carbon emissions… Continue reading The Era of Green: Yadea Announces Plans to Invest Over US$150 million in Electric Mobility R&D in 2021

Yifan Li Joins Human Horizons as CFO

Mr. Li is a seasoned finance and accounting executive, and joins Human Horizons from Zhejiang Geely Holding Group (ZGH), a global mobility technology group headquartered in Hangzhou. As Vice President and Chief Financial Officer of the group, Mr. Li was responsible for financial strategy, corporate development and industrial ecology chain, having an integral role in… Continue reading Yifan Li Joins Human Horizons as CFO

Plastic Omnium signs partnership with Hopium to develop the Māchina hydrogen storage system

LEVALLOIS, France, May 12, 2021 /PRNewswire/ — Plastic Omnium has announced a partnership with Hopium, the French manufacturer of high-end hydrogen cars, to develop the hydrogen storage system for the future Hopium Māchina. This high-end vehicle, first announced in October 2020, aims to be the first French hydrogen-powered sedan to hit the market in 2026.… Continue reading Plastic Omnium signs partnership with Hopium to develop the Māchina hydrogen storage system

Bird, a Category Creator and Leader in Electric Micromobility, to Become A Public Company via Merger with Switchback II Corporation

Travis VanderZanden, founder and CEO of Bird, commented: “Bird was founded with the mission to provide environmentally friendly transportation for everyone. Since 2017, we have driven adoption of micromobility which has resulted in rapid growth. During this time, we have advanced our operating model, supported by proprietary technology and hardware, to scale our mission and reach… Continue reading Bird, a Category Creator and Leader in Electric Micromobility, to Become A Public Company via Merger with Switchback II Corporation