Category: News Type

Rivian lost $1.59 billion and delivered 1,227 electric trucks in the first quarter of 2022

Rivian, the buzzy electric vehicle company backed by Ford and Amazon, reported a net loss of $1.59 billion in the first quarter of 2021 based on $95 million in revenue. The company said it delivered 1,227 vehicles to customers during the past three months, bringing its total number of deliveries to 2,148. Rivian said it… Continue reading Rivian lost $1.59 billion and delivered 1,227 electric trucks in the first quarter of 2022

German Manager Magazin: Northvolt: Robert Habeck supports battery cell factory with 155 million euros001762

The federal and state governments have approved funding of 155.4 million euros for the planned battery cell plant on the west coast of Schleswig-Holstein. Federal Minister of Economics Robert Habeck (52) handed over a corresponding funding decision to the Swedish company Northvolt on Wednesday. That is the maximum that the EU has approved, according to… Continue reading German Manager Magazin: Northvolt: Robert Habeck supports battery cell factory with 155 million euros001762

ATLAS REPORTS FIRST QUARTER 2022 RESULTS

First quarter 2022 financial performance compared to first quarter 2021: Revenue growth of 9.5% to $408.1 million Net earnings of $169.4 million and Diluted EPS of $0.56 Adjusted EBITDA(1) growth of 16.5% to $277.1 million Adjusted diluted EPS(1) growth of 56.0% to $0.39 FFO per diluted share(1) growth of 21.7% to $0.73 Robust balance sheet… Continue reading ATLAS REPORTS FIRST QUARTER 2022 RESULTS

ABB to supply AC and DC charging stations to Shell

The fossil fuel industry’s takeover of public charging infrastructure continues. This week, Volkswagen and bp announced plans to build a new network of fast chargers across Europe, and ABB agreed to supply charging stations to Shell. ABB E-mobility has signed a new global agreement with Shell to supply ABB’s portfolio of AC and DC charging… Continue reading ABB to supply AC and DC charging stations to Shell

@Toyota: Mobility 54 Investment SAS invests in OnePort — a Cross-border logistics platformer in Nigeria- accelerate digitalization to establish Pan-African logistics platform –

Mobility 54 Investment SAS (“Mobility 54”) – the corporate venture capital (“CVC”) subsidiary of Toyota Tsusho Corporation (“TTC”) and CFAO SAS (“CFAO”) – invested 2 mil USD in OnePort Inc. (“OnePort”) – a digital cross-border logistics platformer in Nigeria – of its Seed funding round together with one of the biggest Japanese venture capitals Samurai… Continue reading @Toyota: Mobility 54 Investment SAS invests in OnePort — a Cross-border logistics platformer in Nigeria- accelerate digitalization to establish Pan-African logistics platform –