Placed in receivership, the automotive subcontractor and assembler of metal parts based in Doubs has been facing a drop in its turnover for three years. Explanations. They still have customers. This is perhaps what allows them to still keep a little faith. Employees know, however, that the days of their company are numbered. SV Découpage… Continue reading 50 jobs threatened: in Saint-Vit near Besançon, the automotive subcontractor SV Découpage is playing for its survival
Category: News Type
Hyzon Motors Inc. reports first quarter 2022 financial and operational results
Recent Business Highlights Achieved the significant milestone of producing our first domestic fuel cell stack and system, ahead of schedule, utilizing our proprietary in-house membrane electrode assembly (“MEA”) production line Signed definitive agreement to increase ownership in Hyzon Motors Europe B.V. from 50.5% to 75% Entered into a vehicle supply agreement with Hylane for 5… Continue reading Hyzon Motors Inc. reports first quarter 2022 financial and operational results
@niche: Xos, Inc. Reports First Quarter 2022 Results001851
LOS ANGELES, May 05, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of 100% battery-electric Class 5 to Class 8 commercial vehicles, today reported financial results for the quarter ended March 31, 2022. Key Financial and Business Highlights: Revenue for the three months ended March 31, 2022 was $7.0 million. Net loss… Continue reading @niche: Xos, Inc. Reports First Quarter 2022 Results001851
‘Elon Musk to lead Twitter temporarily after $44 billion takeover’
Tesla CEO Elon Musk Elon Musk is expected to become Twitter’s temporary CEO after closing his $44 billion takeover of the social-media firm, a person familiar with the matter said on Thursday, as the billionaire inches closer to securing funds for the deal. Musk, the world’s richest man, is also the CEO at Tesla Inc… Continue reading ‘Elon Musk to lead Twitter temporarily after $44 billion takeover’
Ferrari SP48 Unica unveiled as one-off V8 berlinetta
Ferrari has uncovered its newest one-off supercar commission: the SP48 Unica. Starting with the platform and twin-turbocharged V8 from the F8 Tributo, Ferrari has given the SP48 an entirely bespoke body and an optimised aero package, alongside unique interior finishes. The new car is destined for one of Ferrari’s ‘long-standing clients’, who was closely involved… Continue reading Ferrari SP48 Unica unveiled as one-off V8 berlinetta
Vietnam-based investment app Finhay said to raise $25m funding
Singapore-based Openspace Ventures and mid-market private equity firm Vietnam Investment Group (VIG) are understood to have co-led a $25 million funding round for Vietnamese robo-advisor Finhay. Finhay’s existing backer, Thien Viet Securities (TVS), also participated in the round, sources familiar with the matter told DealStreetAsia. Go to Source
Car sales in April 2022
In April, 9,725 new passenger cars were registered, 3,441 fewer (-26.1%) than in April 2021. Among the new passenger cars, the zero-emission cars had a market share of 74.1 per cent in April. So far this year, 15.0 per cent fewer passenger cars have been registered than in the same period in 2021, while the… Continue reading Car sales in April 2022
Meet the growing ranks of the Grab mafia
As Grab alumni founders grow in number, can the company catch a second wind by tapping into them? Go to Source
Indonesian used car marketplace Moladin raises $95m in DST-led Series B …
Moladin, an Indonesia-based marketplace for used cars and motorbikes, has raised $95 million in its Series B funding round led by DST Global, according to regulatory filings seen by DealStreetAsia – DATA VANTAGE. The filing with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) confirms DealStreetAsia’s report in April that said the startup was finalising a… Continue reading Indonesian used car marketplace Moladin raises $95m in DST-led Series B …
@Nio: NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange000389
May 5, 2022 NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange SHANGHAI, China, May 05, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced the proposed secondary listing of its Class A ordinary… Continue reading @Nio: NIO Inc. Announces Proposed Secondary Listing on the Singapore Exchange000389