BARCELONA, Spain, May 13, 2020 /PRNewswire/ — Wallbox, the smart EV charging company, today announced the closing of a $13 million USD (€12 million) second tranche of Series A investment in early March, bringing the total Series A round to $25 million USD (€23 million). The round was led by Seaya Ventures, a Spanish venture fund… Continue reading Wallbox Completes Second Tranche Of $25M Series A Investment
Author: PR Newswire Online News
AB Volvo’s Board of Directors Withdraws Proposal for Ordinary Dividend
GÖTEBORG, Sweden, May 12, 2020 /PRNewswire/ — The Board of Directors of AB Volvo has decided to withdraw the proposal to the Annual General Meeting for an ordinary dividend of SEK 5.50 per share and instead proposes that no dividend for 2019 will be paid. The Volvo Group has a strong financial position. However, there… Continue reading AB Volvo’s Board of Directors Withdraws Proposal for Ordinary Dividend
Hertz Global Holdings Reports First Quarter 2020 Financial Results
ESTERO, Fla., May 11, 2020 /PRNewswire/ –Hertz Global Holdings, Inc. (NYSE: HTZ) (“Hertz Global” or the “Company”) today reported results for its first quarter 2020. Financial results significantly impacted by COVID-19 pandemic Consolidated revenue of $1.9 billion, U.S. RAC revenue of $1.4 billion Hertz Global net loss of $356 million, Adjusted Corporate EBITDA of negative… Continue reading Hertz Global Holdings Reports First Quarter 2020 Financial Results
Genesis Motor America Announces ‘Genesis Concierge’ At-Home Car Shopping Service
“A true luxury experience should exceed a customer’s unique desires and expectations,” said Mark Del Rosso, President and CEO, Genesis Motor North America. “Genesis Concierge is a tailored service that delivers a new level of personalized luxury, because we are committed to delivering an experience that satisfies our customers on their terms, not ours. As… Continue reading Genesis Motor America Announces ‘Genesis Concierge’ At-Home Car Shopping Service
Lotus and Centrica Agree Partnership to Redesign Electric Vehicle Ownership
– 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
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