KPIT Technologies Updates Stock Exchanges on Revised Acquisition of Caresoft

KPIT Technologies Limited has informed the stock exchanges about the updated details regarding its acquisition of Caresoft, comprising Caresoft Global Technologies, Inc. (USA), Caresoft Engineering Services Limited (UK), CAREGLOTECH de RL de CV (Mexico), and OXI SRL (Italy). In a filing made with BSE Limited and the National Stock Exchange of India, KPIT stated that… Continue reading KPIT Technologies Updates Stock Exchanges on Revised Acquisition of Caresoft

Mahindra to Export NU_IQ based SUVs to South Africa, Australia in phase 1

Mahindra & Mahindra Ltd. (M&M) is gearing up for a major global play with its newly unveiled NU_IQ modular SUV platform, with exports to South Africa and Australia slated to begin in the first phase of rollout, followed by the UK, and subsequently other international markets. The platform will produce a range of petrol, diesel,… Continue reading Mahindra to Export NU_IQ based SUVs to South Africa, Australia in phase 1

@niche: Learning Without Limits004009

Across all areas of Rivian’s plant in Normal, IL—including battery, paint, body, stamping and vehicle assembly—highly skilled technicians are essential for operating and maintaining the complex machinery that make up the backbone of production. In-depth manufacturing knowledge and expertise, along with an inquisitive nature, are required for this career, and those skills are honed and… Continue reading @niche: Learning Without Limits004009

@niche: Workhorse Stock Slips As Merger With Motiv Sparks Dilution Concerns004011

Workhorse Group (NASDAQ:WKHS) stock is trading lower on Friday despite upbeat second-quarter results and its Motiv Electric Trucks merger deal. The company reported second-quarter sales of $5.7 million, up by 573.0% year-over-year, topping the analyst consensus estimate of $2.3 million. However, it struggled for profitability, reporting quarterly EPS loss of $1.67, beating the analyst consensus… Continue reading @niche: Workhorse Stock Slips As Merger With Motiv Sparks Dilution Concerns004011

@niche: Workhorse: Q2 Earnings Snapshot004010

SHARONVILLE, Ohio (AP) — SHARONVILLE, Ohio (AP) — Workhorse Group Inc. (WKHS) on Friday reported a loss of $14.8 million in its second quarter. The Sharonville, Ohio-based company said it had a loss of $1.67 per share. The truck and drone manufacturer posted revenue of $5.7 million in the period. _____ This story was generated… Continue reading @niche: Workhorse: Q2 Earnings Snapshot004010

@niche: Workhorse Group Reports Second Quarter 2025 Results004009

Second Quarter Financial Results Sales, net of returns and allowances, for the second quarter of 2025 were $5.7 million compared to $0.8 million in the same period a year ago. The $4.8 million increase was due to higher W56 shipments in the current period partially offset by the Aero divesture and higher W4 CC sales… Continue reading @niche: Workhorse Group Reports Second Quarter 2025 Results004009