June 18 (Reuters) – British oil major BP Plc has raised $11.9 billion in debt through an issue of hybrid bonds in multiple currencies, a spokeswoman told Reuters in an emailed statement, as the company seeks to take advantage of low interest rates to fortify its balance sheet. BP raised $5 billion, 4.75 billion euros… Continue reading British oil major BP raises nearly $12 billion in hybrid bonds issue
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Sixt Plus: Auto subscriptions start at a price of EUR 350 per month
The car rental company Sixt is starting a car subscription for private use. Unfortunately, the most important thing is missing with a car subscription. (automobile, Internet) Go to source
Electric car: Lucid Air will be presented at the beginning of September with a price
Due to the pandemic, the Lucid Air electric car will only be presented in September. Until then, the price also remains a secret. (Electric car, technology) Go to source
Raw materials: Small cobalt mining in the Congo should improve
Small-scale mining in the Congo will be certified in the future. This should improve the conditions in the mines for people and the environment. (sustainability, Electric car) Go to source
Finland’s Kempower scouts for partners for EV charging eco-system in India
With the electric vehicle (EV) space gradually seeing more action in terms of new product announcements, new investments and governmental focus, there are number of companies, both Indian and global, aiming to be a part of the EV eco-system in India. Finland’s Kempower Oy is one of them. The company, which has 70 years of… Continue reading Finland’s Kempower scouts for partners for EV charging eco-system in India
Hertz Suspends Plan to Issue New Shares
On June 12, the U.S. Bankruptcy Court for the District of Delaware granted Hertz approval to sell up to $1 billion in stock. Photo via Atomic Taco/Flickr. Hertz has suspended its plan to issue up to $500 million in stock shares, according to a Securities and Exchange Commission filing today. The filing states that Hertz was… Continue reading Hertz Suspends Plan to Issue New Shares
Ford Mustang Mach-E buyers to receive free fill-ups from Electrify America
Ford has announced that buyers of its upcoming Mustang Mach-E will receive a little welcome-to-electric-driving present: 250 kWh of complimentary charging at Electrify America fast charging stations. This amounts to from three to five full charges, depending on battery size. Mustang Mach-E customers also get two years of free charging at stations participating in the… Continue reading Ford Mustang Mach-E buyers to receive free fill-ups from Electrify America
PSA / FCA: what remedies to get the green light from Brussels?
Carlos Tavares, Chairman of the PSA Management Board, repeatedly affirmed : the project to merge the French carmaker with Fiat Chrysler (FCA) is highly strategic, and the two groups are ready to make “all the concessions necessary” to obtain the precious sesame of Brussels. Now that the Commission has announced the initiation of a full… Continue reading PSA / FCA: what remedies to get the green light from Brussels?
Kia and Google Cloud develop AI-based owner’s manual app
Kia Motors Corporation has announced the launch of a ‘Kia Owner’s Manual App’, an AI-based owner’s manual developed in partnership with Google Cloud and Megazone. According to the Korean carmaker, the Kia Owner’s Manual App is a customer-friendly mobile app that explains the name and functions of features found inside Kia models using the smartphone… Continue reading Kia and Google Cloud develop AI-based owner’s manual app
Kia reveals fourth-gen Carnival MPV
Kia Motors Corporation has hinted at the design of the brand’s fourth-generation Carnival flagship minivan today. Released in Korean specification, the all-new Carnival – sold in many markets worldwide as the Kia Sedona – will appeal to progressive young families with its combination of innovation, flexibility, and style. The new model builds on its predecessors’… Continue reading Kia reveals fourth-gen Carnival MPV