Category: Automotive

Lordstown Motors pushes forward with Endurance electric truck

Farmington Hills — Now that Lordstown Motors Corp. has the financial backing it needs, the electric vehicle startup is hoping to beat its competition to market by delivering its electric truck by next September. Northeast Ohio-based Lordstown Motors and DiamondPeak Holdings Corp., a special purpose acquisition company, completed a merger that makes the EV startup a publicly traded… Continue reading Lordstown Motors pushes forward with Endurance electric truck

Triton-EV Debuts 100% Electric Full-Service 18-Wheeler Semi Truck

“We decided to go for it,” explained Himanshu Patel, Founder and CEO of Triton-EV. “Everyone was saying, ‘No, it can’t be done. It will take five years and a hundred million dollars.’ We thought, no, we can do it right now. We have the people and the components. The whole effort took 35 days. That’s… Continue reading Triton-EV Debuts 100% Electric Full-Service 18-Wheeler Semi Truck

ATLIS Motor Vehicles Files For Six New Patents To Bring 500 Mile Range Electric Work Truck To Market

MESA, Ariz., Oct. 26, 2020 /PRNewswire/ — ATLIS Motor Vehicles (AMV), a start-up mobility technology company developing an electric work truck, and the batteries and motors to drive it, has filed six new provisional patents for protection of key technology related to its 100% electric XP vehicle platform and XT pickup truck. The new patent applications… Continue reading ATLIS Motor Vehicles Files For Six New Patents To Bring 500 Mile Range Electric Work Truck To Market

Vehicle sales reach 83% of 2019 figures in Gujarat

AHMEDABAD: Driving a new vehicle home is considered auspicious on Dussehra and the day indeed spelled good news for car and two-wheeler dealerships across Gujarat, with buoyant sales. According to estimates by Federation of Automobile Dealers’ Association (FADA), an estimated 11,100 vehicles were sold across Ahmedabad on Sunday. These include 8,500 two-wheelers and 2,600 four-wheelers.… Continue reading Vehicle sales reach 83% of 2019 figures in Gujarat

Michelin announces the success of its three-tranche bond offering for a total amount of 1.5 billion euros

The following pages contain information relating to the issuances by Compagnie Générale des Etablissements Michelin of bonds (the “Bonds“) by means of a private placement to institutional investors only. This website and the information contained herein are not intended for, and may not be accessed by, or distributed or disseminated to, persons resident or physically… Continue reading Michelin announces the success of its three-tranche bond offering for a total amount of 1.5 billion euros

Michelin contemplates a euro three-tranches bond offering (2020)

The following pages contain information relating to the issuances by Compagnie Générale des Etablissements Michelin of bonds (the “Bonds“) by means of a private placement to institutional investors only. This website and the information contained herein are not intended for, and may not be accessed by, or distributed or disseminated to, persons resident or physically… Continue reading Michelin contemplates a euro three-tranches bond offering (2020)

Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2020

KYOTO, Japan, Oct. 26, 2020 (GLOBE NEWSWIRE) —Nidec Corporation (TSE: 6594) (OTC US: NJDCY) today announced its consolidated financial results under the International Financial Reporting Standards (“IFRS”) for the period of April 1, 2020 through September 30, 2020.The highlights are as follows: First half net sales and operating profit increased 0.1% Y/Y to ¥751.8 billion, 12.0%… Continue reading Nidec Announces Financial Results for Fiscal Second Quarter and Six Months Ended September 30, 2020

Nidec Revises Upward Consolidated Financial Forecasts for the Year Ending March 31, 2021

KYOTO, Japan, Oct. 26, 2020 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced an upward revision to its IFRS-based consolidated financial forecasts for the year ending March 31, 2021, previously announced on July 21, 2020.The details are as follows:Revised consolidated financial forecasts (IFRS) for the year ending March 31,… Continue reading Nidec Revises Upward Consolidated Financial Forecasts for the Year Ending March 31, 2021

IHO Verwaltungs GmbH — Moody’s announces completion of a periodic review of ratings of IHO Verwaltungs GmbH

TipRanks 3 Big Dividend Stocks Yielding Over 7%; JMP Says ‘Buy’ With markets showing volatile movements in recent sessions – down one day, up the next – some of Wall Street’s analysts are showing a renewed interest in high-yield dividends. Not that they have ever shied away from these steady income generators; rather, the market… Continue reading IHO Verwaltungs GmbH — Moody’s announces completion of a periodic review of ratings of IHO Verwaltungs GmbH