Yahoo Finance’s Brian Sozzi, Alexis Christoforous, and Rick Newman discuss the new Lucid Motors electric car. Go to Source
Author: Yarhow_Finance Online News
Delphi Technologies secures its second largest power electronics business win
– Supports next generation of electric vehicles launching in 2024 – Major new business win for 800-volt inverter positions the company to secure future awards – Becomes primary inverter supplier to three of the top four global premium OEMs LONDON, Sept. 9, 2020 /PRNewswire/ — Delphi Technologies PLC (NYSE: DLPH), a global provider of automotive propulsion… Continue reading Delphi Technologies secures its second largest power electronics business win
NIO Reports Record Figures for Vehicle Deliveries in August
NIO Inc. NIO recently reported its vehicle deliveries for the month of August, which has set new records. The premium Chinese electric vehicle maker completed deliveries of 3,965 vehicles in August, marking a whopping year-over-year rise of 104.1%. This reflects a 12.2% jump from the 3,533 vehicles delivered in July. The August deliveries comprised 2,840 ES6… Continue reading NIO Reports Record Figures for Vehicle Deliveries in August
Contemporary Amperex Technology Co., Ltd. — Moody’s assigns first-time Baa1 rating to Contemporary Amperex Technology; outlook stable
Moody’s Investors Service has assigned a first-time Baa1 issuer rating to Contemporary Amperex Technology Co., Ltd. (CATL). At the same time, Moody’s has assigned a Baa1 senior unsecured rating to the proposed bonds to be issued by Contemporary Ruiding Development Limited — a directly wholly owned subsidiary of CATL — based on the unconditional and… Continue reading Contemporary Amperex Technology Co., Ltd. — Moody’s assigns first-time Baa1 rating to Contemporary Amperex Technology; outlook stable
Aptiv Declares Quarterly Preferred Share Dividend
DUBLIN, Aug. 18, 2020 /PRNewswire/ — Aptiv PLC (NYSE: APTV) a global technology company enabling the future of mobility, today announced that its Board of Directors declared a quarterly cash dividend of $1.42083333 per share on our 5.50% Series A Mandatory Convertible Preferred Shares, payable on September 15, 2020, to shareholders of record at the close… Continue reading Aptiv Declares Quarterly Preferred Share Dividend
BorgWarner Expands Collaboration with Startup Ecosystem Plug and Play
– BorgWarner becomes founding anchor partner of new Plug and Play accelerator in Detroit – Strengthens the company’s ability to be on the cutting-edge of industry trends and emerging technology – Plug and Play Detroit provides access to hundreds of diverse technology start-up companies AUBURN HILLS, Mich., Sept. 3, 2020 /PRNewswire/ — BorgWarner announced its next… Continue reading BorgWarner Expands Collaboration with Startup Ecosystem Plug and Play
Nio Doubles Electric-Car Deliveries, Eyes Expansion After Massive Windfall
Nio reported August deliveries more than doubled and booked a massive haul from a secondary offering that was far larger than initial forecasts. Go to Source
NIO August Deliveries Were Good, but Not Good Enough for Investors
Chinese electric-vehicle maker NIO reported the latest monthly delivery figures Thursday morning. Numbers are good, up more than 100% year over year. But NIO’s highflying American depositary receipts are sliding. Go to Source
Nio’s August deliveries double to a record, but stock falls
Shares of Nio Inc. fell 2.5% in active morning trading Thursday, after the China-based electric vehicle maker reported a new monthly delivery record in August, although year-over-year growth decelerated to the slowest pace since February. Trading volume was 32.4 million shares, enough to make the stock the most actively traded on the NYSE. The continued… Continue reading Nio’s August deliveries double to a record, but stock falls
BorgWarner Commences Private Exchange Offer and Consent Solicitation for Delphi Technologies’ Outstanding 5.00% Senior Notes Due 2025
BorgWarner Inc. (NYSE: BWA) (“BorgWarner”) announced today, in connection with its previously announced proposed acquisition of Delphi Technologies PLC (“Delphi Technologies”) in an all-stock transaction (the “Transaction”), that it is commencing a private exchange offer (the “Exchange Offer”) and related consent solicitation (the “Consent Solicitation”) with respect to Delphi Technologies’ outstanding 5.00% Senior Notes due… Continue reading BorgWarner Commences Private Exchange Offer and Consent Solicitation for Delphi Technologies’ Outstanding 5.00% Senior Notes Due 2025