Krieg, Inflation, Zinswende: Über der gesamten europäischen Industrie hat sich ein „perfekter Sturm“ zusammengebraut, bekundete Mercedes-Chef Ola Källenius erst vor wenigen Tagen. Der Manager beobachtet eine nie dagewesene „Makronervosität“. Sein Unternehmen spürt davon im Tagesgeschäft jedoch bis dato nahezu nichts. Im Gegenteil: Der Stuttgarter Autobauer verdient trotz der vielen Krisen weiterhin prächtig.Im dritten Quartal konnte… Continue reading German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005470
Category: Automotive
Himiway launching advanced fat tire long range electric bike in the UK
Himiway has recently announced to introduce of their state-of-the-art fat tire long-range electric bikes to the UK scene in the final week of October LONDON, Oct. 26, 2022 /PRNewswire/ — The UK ebike market is on an inspiring rise lately and is poised to grow at 10.56% CAGR from 2021 to 2027. Himiway, one of… Continue reading Himiway launching advanced fat tire long range electric bike in the UK
Elbit Systems Awarded a $65 Million Contract to Supply a Modernization Solution to a Latin American Army
HAIFA, Israel, Oct. 26, 2022 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) announced today that it was awarded a contract valued at approximately $65 million to supply a modernization solution to a Latin American Army. The contract will be executed over a period of two and a half years. Under the… Continue reading Elbit Systems Awarded a $65 Million Contract to Supply a Modernization Solution to a Latin American Army
First Transit Signs Definitive Agreement to be Acquired by Transdev North America
CINCINNATI, Oct. 26, 2022 /PRNewswire/ — First Transit Topco Inc. (together with its subsidiaries, the “Company” or “First Transit”), a provider of passenger transportation and vehicle maintenance services, today announced that it has signed a definitive agreement to be acquired by Transdev North America Inc., a provider of public transportation and mobility services and the North… Continue reading First Transit Signs Definitive Agreement to be Acquired by Transdev North America
Festive season fires up vehicle registrations but fails to level up from 2019
Currently, the PV industry has pending bookings of about 8.25 lakh. New Delhi: Vehicle sales which peak during the festive season in India account for about 40% of the annual business. Sales in the just-concluded season this year were better than that in the past two COVID-hit years, but the graph is far below the… Continue reading Festive season fires up vehicle registrations but fails to level up from 2019
Elon Musk informs co-investors he plans to close Twitter deal by Friday: Source
Elon Musk Elon Musk has notified co-investors who committed to help fund his $44 billion acquisition of Twitter Inc that he plans to close his buyout of the social media firm by Friday, according to a person familiar with the matter. Equity investors, including Sequoia Capital, Binance, Qatar Investment Authority and others have received the… Continue reading Elon Musk informs co-investors he plans to close Twitter deal by Friday: Source
German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005469
Krieg, Inflation, Zinswende: Über der gesamten europäischen Industrie hat sich ein „perfekter Sturm“ zusammengebraut, bekundete Mercedes-Chef Ola Källenius erst vor wenigen Tagen. Der Manager beobachtet eine nie dagewesene „Makronervosität“. Sein Unternehmen spürt davon im Tagesgeschäft jedoch bis dato nahezu nichts. Im Gegenteil: Der Stuttgarter Autobauer verdient trotz der vielen Krisen weiterhin prächtig.Im dritten Quartal konnte… Continue reading German Handelsblatt: Auto industry: Mercedes doubles profit and increases its forecast again005469
AM Batteries Raises $25M in Series A Financing
AM Batteries, a Boston, MA-based lithium-ion dry-electrode technology company, raised $25M in Series A funding. The round was led by Anzu Partners, with participation from TDK Ventures, Foothill Ventures, Toyota Ventures, Zeon Ventures, SAIC Capital, VinFast, Doral Energy-Tech Ventures, and Creative Ventures. The company intends to use the funds to expand its team and accelerate its… Continue reading AM Batteries Raises $25M in Series A Financing
Everledger partners with Ford on pilot project to improve battery recycling
Supply chain traceability company, Everledger, has revealed the launch of a world-first battery passport pilot with automotive manufacturer, Ford, to ensure responsible battery recycling from electric vehicles. The pilot leverages Everledger’s technology platform to track electric vehicle (EV) batteries throughout their lifecycle to ensure responsible management during use and battery recycling at the end of… Continue reading Everledger partners with Ford on pilot project to improve battery recycling
German Handelsblatt: Auto industry: Mercedes profit doubles thanks to high demand – forecast increased005467
Mercedes boss Ola Källenius Strong demand and higher prices helped Mercedes-Benz to jump in profits in the third quarter. From July to September, the group earned 5.2 billion euros before interest and taxes – that was 83 percent more than in the same period last year, when the chip shortage slowed deliveries, as the carmaker… Continue reading German Handelsblatt: Auto industry: Mercedes profit doubles thanks to high demand – forecast increased005467