– A new model of integrating connected vehicles, connected homes and connected customers is being developed – New, flexible platform designed to power a future digital mobility lifestyle – New global sustainability programme targets net zero carbon across Lotus operations LONDON, May 11, 2020 /PRNewswire/ — Centrica plc, the parent company of British Gas, and… Continue reading Lotus and Centrica Agree Partnership to Redesign Electric Vehicle Ownership
Author: PR Newswire Online News
Haldex has Completed a Directed New Share Issue of Approx. 4.4 Million Shares to AMF Pensionsförsäkring and AFA Försäkring Raising Proceeds of Approx. SEK 157.2 Million
STOCKHOLM, May 11, 2020 /PRNewswire/ — The board of Haldex Aktiebolag (publ) (“Haldex” or the “Company”) has, pursuant to the authorization given at the annual general meeting 2019, resolved to issue a total of 4,421,597 new shares to AMF Pensionsförsäkring and AFA Försäkring. The new shares have been issued at a subscription price of SEK… Continue reading Haldex has Completed a Directed New Share Issue of Approx. 4.4 Million Shares to AMF Pensionsförsäkring and AFA Försäkring Raising Proceeds of Approx. SEK 157.2 Million
Haldex Reaches Agreement With Lenders and Intends to Carry Out a Directed New Share Issue to AMF Pensionsförsäkring and AFA Försäkring
STOCKHOLM, May 11, 2020 /PRNewswire/ — Haldex Aktiebolag (publ) (“Haldex” or the “Company”) has reached an agreement with the Company’s lenders including to extend the maturity of the existing syndicated credit facility of EUR 90 million and the existing short-term loan of SEK 270 million to April 2022 and to make certain adjustments to the… Continue reading Haldex Reaches Agreement With Lenders and Intends to Carry Out a Directed New Share Issue to AMF Pensionsförsäkring and AFA Försäkring
Lear Reports First Quarter 2020 Results
SOUTHFIELD, Mich., May 8, 2020 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the first quarter 2020. First Quarter 2020 Highlights Sales of $4.5 billion, compared to $5.2 billion in the first quarter of 2019 Net income of $76 million and adjusted net income of… Continue reading Lear Reports First Quarter 2020 Results
Bollinger Motors Unveils World’s First Class 3 Electric Commercial Truck Platform
“The Bollinger B2 Chassis Cab’s unique features – including the 5,000-lb. payload and large energy source to power tools – make it perfect for businesses, small and large,” says CEO Robert Bollinger. “Commercial fleets will be able to reduce their overall cost of operation while buying a truck designed, engineered, and built in the USA.… Continue reading Bollinger Motors Unveils World’s First Class 3 Electric Commercial Truck Platform
rideOS Selected by Alto to Scale Its On-Demand Multi-Service Mobility Business
SAN FRANCISCO, April 28, 2020 /PRNewswire/ — rideOS, a leading Mobility as a Service technology provider that empowers businesses to build, operate and scale on-demand transportation offerings, today announced that Alto is utilizing the rideOS platform to manage its elevated rideshare service and accelerate its entry into last-mile delivery. Alto is now taking full-advantage of rideOS’… Continue reading rideOS Selected by Alto to Scale Its On-Demand Multi-Service Mobility Business
Alcantara Re-Opens Umbria Plant In Italy
“Our decision to close the plant in March was based on a need to guarantee the safety of our employees,” said Alcantara Chairman and CEO Andrea Boragno. The facility has since undergone a deep-sanitization process and returning employees are being provided with masks, gloves and goggles as they enter the plant. Boragno added “It is… Continue reading Alcantara Re-Opens Umbria Plant In Italy
With New Partners, CATL Strengthens Commitment to Commercial Vehicle Electrification in Europe
NINGDE, China, April 27, 2020 /PRNewswire/ — Reacting to the growing trend towards e-mobility, Contemporary Amperex Technology Co. Limited (CATL) (300750.SZ), the global leading EV battery manufacturer, is expanding partnerships with VDL Bus & Coach B.V. and Quantron AG to optimize local product solutions and services for commercial vehicle electrification in Europe. The new partnerships… Continue reading With New Partners, CATL Strengthens Commitment to Commercial Vehicle Electrification in Europe
Neutrino Energy: An Ideal Power Source for Self-Driving Taxis
BERLIN, April 24, 2020 /PRNewswire/ — Neutrino Energy Group founder Holger Thorsten Schubart proposes that Neutrino Energy could power electric cars. Recently, self-driving taxi service Cruise announced that its all-electric fleet of cars will now run on renewable energy. Even in Southern California, however, there isn’t enough sunshine to power the self-driving taxi fleets of the future with… Continue reading Neutrino Energy: An Ideal Power Source for Self-Driving Taxis
AutoLiv: Financial Report January – March 2020
STOCKHOLM, April 24, 2020 /PRNewswire/ — Q1 2020: Perhaps, the end of the beginning Financial highlights Q1 2020 $1,846m net sales 13% organic sales decline* 7.3% operating margin 7.4% adj. operating margin* $0.86 EPS – a decrease of 32% $0.88 adj. EPS* – a decrease of 27% Full year 2020 indications No indications will be provided until effects of… Continue reading AutoLiv: Financial Report January – March 2020