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Lucid to ramp customer deliveries for Gravity SUV by end of April
Lucid Motors plans to resume customer deliveries for its new all-electric Gravity SUV at the end of April. Getting the Gravity into customer hands is a big milestone for Lucid, whose success will hinge on being able to offer vehicle types popular with American drivers. The Gravity is Lucid’s second vehicle and its first SUV… Continue reading Lucid to ramp customer deliveries for Gravity SUV by end of April
Nikola founder Trevor Milton pardoned by Trump
Trevor Milton, the founder of bankrupt hydrogen trucking startup Nikola who was convicted of fraud, has been pardoned by President Trump, the White House confirmed to TechCrunch. Milton was convicted in October 2022 of one count of securities fraud and two counts of wire fraud related to claims he made about Nikola’s progress to investors. He was… Continue reading Nikola founder Trevor Milton pardoned by Trump
German Handelsblatt: E-fuel: Ministry must publish SMS from Lindner to Porsche boss010803
Contacts between politics and business are common. Details usually remain under closure. In the case of ex-Federal Finance Minister Lindner and the Porsche boss, a dish sees it differently. Go to source
German Handelsblatt: Armaments: Rheinmetall boss Papperger heats up speculation around VW plant Osnabrück An010802
The future of the VW location is uncertain. Reflections have been circulating for a long time to reverse the small work for the armaments industry. Now there are new indications. Go to source
German Handelsblatt: Armaments: Rheinmetall boss Papperger heats up speculation around VW plant Osnabrück An010802
The future of the VW location is uncertain. Reflections have been circulating for a long time to reverse the small work for the armaments industry. Now there are new indications. Go to source
Ather Bets on Mass Premium Strategy Ahead of IPO
As Ather Energy approaches its long-anticipated initial public offering, the company is sticking to its bold — and contrarian — strategy: it has no plans to compete on price. Instead, it is doubling down on what CEO Tarun Mehta calls a “mass premium” positioning backed by product engineering, software innovation, and consumer experience. In an… Continue reading Ather Bets on Mass Premium Strategy Ahead of IPO
Minda Corporation Approves Issuance of Warrants Worth ₹420.75 Crores to Promoter
Minda Corporation Limited, a leading automotive component manufacturer, announced today that its Board of Directors has approved the issuance of up to 76,50,000 warrants at a price of ₹550 per warrant to Minda Capital Private Limited, a promoter of the company. The preferential allotment, which is subject to necessary regulatory and shareholders’ approvals, will raise… Continue reading Minda Corporation Approves Issuance of Warrants Worth ₹420.75 Crores to Promoter
ReiseMoto Expands Presence with Pune Store, Strengthening Retail Footprint Across Five Cities
ReiseMoto, a premium brand in two-wheeler tyres and motorcycle gear, has expanded its retail presence in India with the launch of a new store in Pune. This marks the brand’s fifth store after Mumbai, Gurugram, Bengaluru, and Chennai, bringing its total retail space to over 15,000 square feet. The Pune store, inaugurated on March… Continue reading ReiseMoto Expands Presence with Pune Store, Strengthening Retail Footprint Across Five Cities
Trump pardons ex-Nikola CEO Trevor Milton
Milton was convicted of defrauding investors in his zero-emission truck company in 2023. Milton was convicted of defrauding investors in his zero-emission truck company in 2023. Andrew J. Hawkins is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and… Continue reading Trump pardons ex-Nikola CEO Trevor Milton