DULUTH, Ga., Sept. 14, 2020 /PRNewswire/ — Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury”) announced today that it has priced its previously announced private placement of senior notes, consisting of $125.0 million aggregate principal amount of additional 4.50% Senior Notes due 2028 (the “Additional 2028 Notes”) at 101.00% plus accrued interest from and including September 1,… Continue reading Asbury Automotive Group Announces Pricing Of Its Private Offering Of Additional Senior Notes Due 2028 And Additional Senior Notes Due 2030
Author: PR Newswire Online News
HiPhi X Launches First Programmable and Customizable Matrix Lighting System with PML and ISD Modules
PML is equipped with a built-in Electronic Control Unit (ECU) that contains a chipset which is able to directly control the lamp and its micro-mirrors. When the infrared camera detects a pedestrian or vehicle, the ECU will compute a solution within milliseconds based on its intelligent algorithms. The path and brightness of the light is… Continue reading HiPhi X Launches First Programmable and Customizable Matrix Lighting System with PML and ISD Modules
ALYI To Release New EV Order Details Anticipated To Increase Revenue From $300M To $500 This Thursday
DALLAS, Sept. 14, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed the company has entered into a letter of intent (LOI) agreement with a new potential customer for ReVolt Electric Motorcycles. The actual order is expected to be complete by the end of September and it could double the company’s current production outlook. … Continue reading ALYI To Release New EV Order Details Anticipated To Increase Revenue From $300M To $500 This Thursday
ALYI Announces LOI For New EV Fleet Order – Revenue Outlook Anticipated To Increase To $500 Million
DALLAS, Sept. 11, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) has entered into a letter of intent (LOI) agreement with a new potential customer for ReVolt Electric Motorcycles. The actual order is expected to be complete by the end of September and it could double the company’s current production outlook. ALYI currently has already… Continue reading ALYI Announces LOI For New EV Fleet Order – Revenue Outlook Anticipated To Increase To $500 Million
ALYI Introduces MODUS – The Engineering And Design Team Driving ALYI Electric Mobility Innovation
After initially building a pilot electric motorcycle on a classic BMW R71 clone, ALYI engaged MODUS to bring the pilot into production and begin the design of future electric vehicle platforms. Below is an overview from MODUS co-founder Maro Radenovic on their work with ALYI: MODUS Applied Innovations MODUS is a multi-disciplinary product development firm… Continue reading ALYI Introduces MODUS – The Engineering And Design Team Driving ALYI Electric Mobility Innovation
New T4L Membership for Subscription of Electric Vehicles launching on September 22, 2020
NAPLES, Fla., Sept. 11, 2020 /PRNewswire/ — T4L, Inc. announced today the debut of a vehicle subscription service that will provide members with unlimited access to a member selected fleet of electric vehicles through a monthly member subscription service. Branded “Transportation 4 Life™” or “T4L™”, the service will debut on September 22nd, 2020. Every subscription under the T4L Membership includes… Continue reading New T4L Membership for Subscription of Electric Vehicles launching on September 22, 2020
Nikola Refutes Allegations
PHOENIX, Sept. 11, 2020 /PRNewswire/ — Nikola Corporation (NASDAQ: NKLA) issued the following statement in response to claims made about the Company by an activist short-seller: “Yesterday, an activist short-seller whose motivation is to manipulate the market and profit from a manufactured decline in our stock price published a so-called “report” replete with misleading information… Continue reading Nikola Refutes Allegations
Navistar Confirms Receipt Of Revised Proposal From TRATON
LISLE, Ill., Sept. 10, 2020 /PRNewswire/ — Navistar International Corporation (NYSE: NAV) (“Navistar” or “the Company”) today confirmed that it has received a revised proposal from TRATON SE to acquire Navistar for $43 per share in cash. Navistar’s Board of Directors and management team are committed to exploring all avenues to maximize value. Consistent with its… Continue reading Navistar Confirms Receipt Of Revised Proposal From TRATON
Lucid Motors Partners with ZeroLight to Reshape the Luxury Automotive Purchase Experience
As the most realistic design configurator ever created, Lucid’s configurator features ray-tracing technology, which is the same tech leveraged in advanced video games to bridge virtual and physical worlds. A truly mobile-first experience, the configurator is deployed and streamed from the cloud. This enables the customer to choose between a number of interchangeable California-inspired backgrounds… Continue reading Lucid Motors Partners with ZeroLight to Reshape the Luxury Automotive Purchase Experience
ALYI To Feature Award Winning EV Design Team With More Than 200 Patentable Claims Tomorrow
DALLAS, Sept. 10, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed its award winning design team with over 200 patentable claims will be introduced tomorrow, Friday, September 11, 2020 to feature ALYI’s future electric vehicle design momentum stemming from lessons learned through work on ALYI’s Rideshare ReVolt Electric Motorcycle designed to augment the… Continue reading ALYI To Feature Award Winning EV Design Team With More Than 200 Patentable Claims Tomorrow