Category: Automotive

FreeWire Technologies secures $125 million in Series D financing

Charging and energy management specialist FreeWire Technologies has raised $125 million in new capital from BlackRock Financial Management and other investors, including bp ventures, Riverstone Holdings, Octave Ventures and Daishin Private Equity. FreeWire will use the new capital to support ambitious growth plans as it accelerates commercial deployments of its battery-integrated EV charging technology and… Continue reading FreeWire Technologies secures $125 million in Series D financing

Four-for-one stock split of Michelin shares on June 16, 2022

Four-for-one stock split of Michelin shares on June 16, 2022 Compagnie Générale des Établissements Michelin today announced that the shareholders voting at the Annual Meeting of May 13, 2022 resolved to split the par value of the Michelin share into four. This decision is related to the sharp 66% rise in the share price from… Continue reading Four-for-one stock split of Michelin shares on June 16, 2022

Cadillac’s Lyriq EV will start at $62,990

Cadillac has released more details about the vehicle and its features ahead of online orders reopening for its highly-anticipated Lyriq EV on May 19th. The crossover will start at $62,990 and just $2,000 more for its 4WD variant. What’s more, Cadillac is sweetening the deal by including either two years of unlimited public charging through… Continue reading Cadillac’s Lyriq EV will start at $62,990

RENAULT GROUP: Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ

PRESS RELEASE May 16, 2022 Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ Boulogne-Billancourt, May 16th, 2022 – The Board of Directors of Renault Group unanimously approved the signing of agreements to sell 100% of Renault Group’s shares in Renault Russia to Moscow City entity and its 67.69% interest… Continue reading RENAULT GROUP: Renault Group signs agreements to sell Renault Russia and its controlling interest in AVTOVAZ

Everything Uber announced at its global product event

Uber revealed a host of new platforms and features during its global product event, Go Get 2022, on Monday. The new products span Uber’s ride-hail and delivery services, and aim to increase ridership, open new lines of business, incentivize drivers to go electric and more. The new features were highlighted during the event in a… Continue reading Everything Uber announced at its global product event

5 Best Chinese Stocks To Buy And Watch: Shanghai Lockdowns Ease

Reuters China’s economy skids as lockdowns hit factories, retailers BEIJING (Reuters) -China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted supply chains, casting a long shadow over the outlook for the world’s second-largest economy. Full or partial lockdowns were imposed in… Continue reading 5 Best Chinese Stocks To Buy And Watch: Shanghai Lockdowns Ease

@Daimler: World premiere of the new GLC on Mercedes me media

The new generation of the most dynamic Mercedes-Benz SUV – 100 percent electrified Stuttgart.  Mercedes-Benz will unveil the new GLC on Wednesday, 1 June 2022 at 5:00 p.m. (CEST) on the Mercedes me media online platform at https://media.mercedes-benz.com/GLC and on other channels. The digital world premiere will be available as video-on-demand afterwards. The GLC is… Continue reading @Daimler: World premiere of the new GLC on Mercedes me media