Hertz Announces Proposed $1.5 Billion Private Offering of Senior Notes by The Hertz Corporation

ESTERO, Fla., Nov. 17, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (NASDAQ: HTZ) (“Hertz” or the “Company”) today announced that its wholly-owned indirect subsidiary, The Hertz Corporation (“Hertz Corp.”), intends to offer $1.5 billion aggregate principal amount of senior unsecured notes due 2026 (the “2026 Notes”) and senior unsecured notes due 2029 (the “2029 Notes” and, together… Continue reading Hertz Announces Proposed $1.5 Billion Private Offering of Senior Notes by The Hertz Corporation

VinFast Officially Announces US Headquarters In Los Angeles

VinFast made its announcement to launch its US Headquarters during a press conference welcoming the Vietnamese carmaker to Los Angeles. The event held at the ‘new home’ of VinFast US was witnessed virtually by Mayor Eric Garcetti and attended in person by representatives from the California and Los Angeles government, including Governor Newsom’s Senior Economic Advisor Dee… Continue reading VinFast Officially Announces US Headquarters In Los Angeles

Alpha Motor Corporation Previews Pure Electric Sedan

IRVINE, Calif., Nov. 16, 2021 /PRNewswire/ — Alpha Motor Corporation previewed the company’s latest innovation, a mid-size sedan. “SAGA™ has been kept under covers for some time and we’re excited to unveil it. It is what we believe to be a desirable and sensible pure electric sedan. It continues and expands upon the versatility of the… Continue reading Alpha Motor Corporation Previews Pure Electric Sedan

Senmiao Technology Reports Fiscal 2022 Second Quarter Financial Results

CHENGDU, China, Nov. 16, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced financial results for the fiscal 2022 second quarter ended September 30, 2021. Fiscal 2022 Second Quarter… Continue reading Senmiao Technology Reports Fiscal 2022 Second Quarter Financial Results

Carketa Raises $6M Venture Series Seed Funding

PLEASANT GROVE, Utah, Nov. 16, 2021 /PRNewswire/ — Carketa, the Utah-based developer of SaaS applications for the automotive industry, announced it closed a $6M Series Seed Financing led by Origin Ventures and Crosslink Capital with additional funding from Hack VC, Lancaster, and I2BF. Carketa’s mission is to help independent and franchise automotive dealers optimize every aspect… Continue reading Carketa Raises $6M Venture Series Seed Funding

“Elli” (Volkswagen Group Charging GmbH) launches ‘Volkswagen Naturstrom Connect’ – their first ever intelligent electricity tariff with electric mobility pioneers, ev.energy

– Beginning in Germany, Elli EV drivers power their vehicles at home with 100% green energy – New ev.energy app gives consumers an actionable way to contribute to a greener power grid – German customers can save up to 100 € per year BERLIN, Nov. 16, 2021 /PRNewswire/ — Elli, the Volkswagen subsidiary that provides sustainable… Continue reading “Elli” (Volkswagen Group Charging GmbH) launches ‘Volkswagen Naturstrom Connect’ – their first ever intelligent electricity tariff with electric mobility pioneers, ev.energy

Dana Prices $350 Million Senior Notes Offering

MAUMEE, Ohio, Nov. 15, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it has priced its offering of $350 million aggregate principal amount of 4.500% Senior Notes due 2032.   The company intends to use the net proceeds from the offering, together with cash on hand, to repay $349 million in outstanding borrowings under… Continue reading Dana Prices $350 Million Senior Notes Offering

Honda Tests Prototype Autonomous Work Vehicle at Solar Construction Site with Black & Veatch

Companies interested in testing the Honda AWV can contact Honda at: [email protected] Tweet this While Honda previously performed testing with an earlier generation of the Honda AWV, this field test was the first to deploy multiple units working collaboratively to support construction use cases. First introduced as a concept at CES 2018 in Las Vegas,… Continue reading Honda Tests Prototype Autonomous Work Vehicle at Solar Construction Site with Black & Veatch

GenCell and E.V. Motors Partner to Facilitate Autonomous Hybrid Off-Grid EV Charging

PETAH TIKVA, Israel, Nov. 15, 2021 /PRNewswire/ — GenCell Energy, (TASE: GNCL), a leading Israel-based manufacturer of fuel cell energy solutions, today announces that it has signed an agreement with E.V. Motors Ltd., an Israeli importer of electric vehicles, chargers and energy storage systems for electric vehicles and the exclusive Israeli representative of several companies, among them… Continue reading GenCell and E.V. Motors Partner to Facilitate Autonomous Hybrid Off-Grid EV Charging

Hyundai Mobis will assist drivers with the world’s first urban ADAS system when facing a narrow street, a dead end, or a parking problem

With the MPS, the car is able to drive itself through a narrow street by avoiding obstructions, drive through the revolving gate of an underground parking lot, or drive backwards at a dead end where two cars are facing each other. All these are made possible at the press of a button. Hyundai Mobis developed… Continue reading Hyundai Mobis will assist drivers with the world’s first urban ADAS system when facing a narrow street, a dead end, or a parking problem