Category: Official Press Release

GAC MOTOR | A New Era of Chinese Car

An Emphasis on Research The 4 GAC R&D Centers, located strategically in vehicle industry hubs across the world, design products independently, with GAC factories responsible for production. Research at the Centers is well-funded, with over 30 billion RMB invested to date. Research is also in-house, which means GAC MOTOR has exclusive access to a large wealth… Continue reading GAC MOTOR | A New Era of Chinese Car

Hyzon Motors issues statement strongly rejecting misleading and inaccurate short seller report

ROCHESTER, N.Y., Oct. 5, 2021 /PRNewswire/ — Hyzon Motors Inc. (NASDAQ: HYZN) (“Hyzon” or the “Company”), a leading global supplier of zero-emission fuel cell electric heavy vehicles, today issued the following statement in response to a short seller report published on Tuesday, September 28, 2021. “The self-serving short seller report published by Blue Orca last week… Continue reading Hyzon Motors issues statement strongly rejecting misleading and inaccurate short seller report

WM Motor Expected Over US$300M in Series D1 Financing Round Led by PCCW and Shun Tak Holdings

SHANGHAI and HONG KONG, Oct. 5, 2021 /PRNewswire/ — WM Motor Holdings Limited (“WM Motor”, the “Group” or the “Company”), a dominant EV player in China’s mainstream market, today announced that it has expected US$300+ million in a Series D1 round financing led by PCCW Limited (“PCCW”) and Shun Tak Holdings Limited (“Shun Tak Holdings”), joined by… Continue reading WM Motor Expected Over US$300M in Series D1 Financing Round Led by PCCW and Shun Tak Holdings

@GM: General Motors and Wolfspeed Forge Strategic Supplier Agreement to Leverage Silicon Carbide for GM’s Future Electric Vehicle Programs October 4…

General Motors and Wolfspeed Forge Strategic Supplier Agreement to Leverage Silicon Carbide for GM’s Future Electric Vehicle Programs Agreement marks GM’s initial shift to using silicon carbide for EV power electronics Provides secure, long-term, domestically sourced supply Silicon carbide enables longer range for electric vehicles DETROIT & DURHAM, N.C.–(BUSINESS WIRE)–Oct. 4, 2021– Today, General Motors (NYSE:… Continue reading @GM: General Motors and Wolfspeed Forge Strategic Supplier Agreement to Leverage Silicon Carbide for GM’s Future Electric Vehicle Programs October 4…

@GM: GM Canada Sales Down 23 Per Cent Due to Ongoing Semiconductor Shortage

GM Canada Sales Down 23 Per Cent Due to Ongoing Semiconductor Shortage 2021-10-01 OSHAWA, Ont. (October 1, 2021) — Chevrolet, Buick, GMC and Cadillac dealers delivered 48,657 vehicles in the third quarter, down 23 per cent from a year ago, as industry-wide supply chain disruptions limited dealer inventories.  “These results reflect how the shortage of semiconductors continues to impact vehicle production and dealer inventory,” said Sandor Piszar, vice president, sales, service and marketing, GM Canada.  “However, the bright spots for the… Continue reading @GM: GM Canada Sales Down 23 Per Cent Due to Ongoing Semiconductor Shortage

@GM: BrightDrop Completes Record-Setting Build of its First Electric Light Commercial Vehicle; Unveils New Vehicle and Inks Deal with Verizon

BrightDrop Completes Record-Setting Build of its First Electric Light Commercial Vehicle; Unveils New Vehicle and Inks Deal with Verizon 2021-09-28 BrightDrop’s EV600 becomes the fastest built vehicle, from concept to commercialization, in General Motors’ history BrightDrop expands its lineup of all-electric products with the release of the EV410, a medium-size electric light commercial vehicle, expanding… Continue reading @GM: BrightDrop Completes Record-Setting Build of its First Electric Light Commercial Vehicle; Unveils New Vehicle and Inks Deal with Verizon

@GM: GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule

GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule 2021-09-30 As GM pursues carbon-neutral commitment, company expects to source 100 percent renewable energy in the U.S. by 2025 GM teams with PJM and TimberRock to launch a new carbon tracking system to monitor and reduce emissions in real… Continue reading @GM: GM Set to Reach 100 Percent Renewable Energy in the U.S. 5 Years Ahead of Schedule

@GM: General Motors’ New Ultifi Platform Reimagines What it Means to Own a Vehicle

General Motors’ New Ultifi Platform Reimagines What it Means to Own a Vehicle Strategy is part of GM’s pursuit to grow revenue beyond vehicle sales and earn customer loyalty for a lifetime 2021-09-29 DETROIT – Today, General Motors announced Ultifi, its end-to-end software platform designed to unlock new vehicle experiences and connect customers’ digital lives.… Continue reading @GM: General Motors’ New Ultifi Platform Reimagines What it Means to Own a Vehicle

@Ferrari: Ferrari N.V.: completion of the fourth tranche of the disclosed multi-year share repurchase program and announcement of the fifth tranche000161

Maranello (Italy), October 4, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange… Continue reading @Ferrari: Ferrari N.V.: completion of the fourth tranche of the disclosed multi-year share repurchase program and announcement of the fifth tranche000161