Nio Day 2022: New EC7 Coupe, Improved ES8 Flagship SUV, 3rd-Gen Power-Swap Station And More

Chinese electric vehicle maker Nio, Inc. (NYSE: NIO) held its “Nio Day 2022” at Hefei City on Saturday. It announced a new model and an improved version of its flagship SUV, among other things. The annual event went by the theme “Feel the light.” New Coupe SUV: The coupe SUV named EC7 and the improved ES8 are both based on… Continue reading Nio Day 2022: New EC7 Coupe, Improved ES8 Flagship SUV, 3rd-Gen Power-Swap Station And More

Eaton Corporation plc (NYSE:ETN) is a favorite amongst institutional investors who own 84%

If you want to know who really controls Eaton Corporation plc (NYSE:ETN), then you’ll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 84% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises… Continue reading Eaton Corporation plc (NYSE:ETN) is a favorite amongst institutional investors who own 84%

Continental (ETR:CON) shareholders have endured a 69% loss from investing in the stock five years ago

Continental Aktiengesellschaft (ETR:CON) shareholders should be happy to see the share price up 16% in the last quarter. But that is little comfort to those holding over the last half decade, sitting on a big loss. In that time the share price has delivered a rude shock to holders, who find themselves down 75% after… Continue reading Continental (ETR:CON) shareholders have endured a 69% loss from investing in the stock five years ago

Aptiv Completes the Acquisition of Wind River from TPG

Accelerates the digital transformation of mission-critical industries Enables the software-defined future of mobility DUBLIN, Dec. 23, 2022 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, has completed the acquisition of Wind River®, a global leader in delivering software for the intelligent edge. Wind River… Continue reading Aptiv Completes the Acquisition of Wind River from TPG

Stellantis in talks to buy ‘substantial’ stake in hydrogen mobility company Symbio

MILAN (Reuters) – Stellantis has entered exclusive talks with France’s Faurecia and Michelin to buy a “substantial” stake in their Symbio joint venture, a fuel cell system maker for hydrogen mobility, the three companies said on Friday. Stellantis, the world third-largest carmaker, launched hydrogen-powered mid-size vans late last year and aims to expand its hydrogen… Continue reading Stellantis in talks to buy ‘substantial’ stake in hydrogen mobility company Symbio

Leading Strength in Safety: GWM TANK to Enter More Markets Globally

BAODING, China, Dec. 23, 2022 /PRNewswire/ — On December 23, GWM TANK300 HEV has been awarded the maximum five-star safety rating by the Australasian New Car Assessment Program (ANCAP). Leading Strength in Safety: GWM TANK to Enter More Markets Globally ANCAP is one of the world’s vehicle safety certification authorities that has the strictest standards.… Continue reading Leading Strength in Safety: GWM TANK to Enter More Markets Globally

NIO Inc. to Host NIO Day 2022 on December 24, 2022

SHANGHAI, China, Dec. 23, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, will host NIO Day 2022 on Saturday, December 24, 2022. NIO Day is an annual event where we launch new products and… Continue reading NIO Inc. to Host NIO Day 2022 on December 24, 2022

Magna (MGA) to Rev Up ADAS Business With $1.5B Buyout Deal

Magna International MGA inked a deal to acquire Veoneer Active Safety business from SSW Partners in a bid to fortify its Advanced Driver Assistance Systems (ADAS) business. This all-cash deal is valued at more than $1.5 billion. Subject to regulatory approvals and satisfactory conditions, the transaction is scheduled to be closed by mid-2023. The acquisition is… Continue reading Magna (MGA) to Rev Up ADAS Business With $1.5B Buyout Deal

Biggest market movers at the close: Chinese stocks, Carnival Cruise Line, Nike, Crocs

Yahoo Finance’s Jared Blikre highlights key tickers moving markets at the close of the trading session. Video Transcript SEANA SMITH: Minutes away from the closing bell, Jared Blikre has a closer look at some of today’s big movers, Jared. JARED BLIKRE: That’s right. Chinese stocks– and I’m not seeing any particular fundamental driver here, at… Continue reading Biggest market movers at the close: Chinese stocks, Carnival Cruise Line, Nike, Crocs

Magna Morphing Surfaces Technology Offers New Possibilities in Automotive Design

Magna International Inc. MAGNA MORPHING SURFACES TECHNOLOGY OFFERS NEW POSSIBILITIES IN AUTOMOTIVE DESIGN Magna Morphing Surfaces technology seamlessly integrates active aerodynamic components into vehicle body. Technology extends beyond what is currently possible with traditional active aerodynamic systems Seamlessly combines shape changing components with aerodynamic elements enhancing design and function Advanced solution utilizing thermoplastic materials contributes… Continue reading Magna Morphing Surfaces Technology Offers New Possibilities in Automotive Design