Category: Automotive

@Geely: LEVC appoints Martin Rada as Managing Director LEVC Europe

4th February 2021, Ansty LEVC (London Electric Vehicle Company) today announces the appointment of Martin Rada as its new Managing Director for LEVC Europe Operations. LEVC’s European office is located in Frankfurt, Germany and Martin will oversee and manage all activities in the region. There are now 19 dealer partners across continental Europe, with further network growth planned… Continue reading @Geely: LEVC appoints Martin Rada as Managing Director LEVC Europe

Rad Power Bikes raises $150 million as electric bike sales boom

Electric bike sales boomed in 2020, a phenomenon driven by the COVID-19 pandemic and the disruption it delivered consumers’ daily lives. Now, Rad Power Bikes is reaping those rewards and using them to double its workforce and scale globally. The Seattle-based startup said Thursday it has raised $150 million from institutional investors including Morgan Stanley’s… Continue reading Rad Power Bikes raises $150 million as electric bike sales boom

Why Is NIO Spending $850 Million to Buy Shares of Its Subsidiary?

TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform… Continue reading Why Is NIO Spending $850 Million to Buy Shares of Its Subsidiary?

Apple Car Manufacturing Partner Picked For 2024 Launch: Report

TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform… Continue reading Apple Car Manufacturing Partner Picked For 2024 Launch: Report

Luokung Announces Partnership Between EMG and Leading Electric Vehicle Manufacturer BAIC BJEV to Jointly Develop Mapping Services for Autonomous Driving

BEIJING, Feb. 4, 2021 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading interactive location-based services company in China, today announced that its previously announced acquisition candidate, eMapgo Technologies (Beijing) Co., Ltd. (“EMG”) and Beijing New Energy Automobile Co., Ltd. (BAIC BluePark New Energy Technology Co., Ltd., Ticker: 600733.SH) (“BAIC BJEV”)… Continue reading Luokung Announces Partnership Between EMG and Leading Electric Vehicle Manufacturer BAIC BJEV to Jointly Develop Mapping Services for Autonomous Driving

Microsoft launches Viva, a bet on the future of remote work

Microsoft Viva is Microsoft’s new push for helping businesses with remote work and a big bet on this new way of life becoming the norm. It’s designed to act as a portal for both employees and businesses to navigate the complexities of working from home. Microsoft is launching Viva today, with parts of the platform… Continue reading Microsoft launches Viva, a bet on the future of remote work

Cummins Reports Fourth Quarter and Full Year 2020 Results

COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) today reported results for the fourth quarter of 2020. Fourth quarter revenues of $5.8 billion increased 5 percent from the same quarter in 2019. Sales in North America were flat while international revenues increased 12 percent driven by strong demand in China truck and construction markets as well as… Continue reading Cummins Reports Fourth Quarter and Full Year 2020 Results