Category: OEMRSSCHK

@niche: Workhorse kills flagship van after ‘painful lessons,’ inks supply deal with Canadian manufacturer001710

Reuters Berkshire rejects shareholder call to replace Warren Buffett as chairman Berkshire Hathaway Inc on Friday urged the rejection of four shareholder proposals recommending that it replace Warren Buffett as chairman, report on its plans to handle climate risk and reduce greenhouse gases, and improve diversity. The company, run by Buffett since 1965, also said… Continue reading @niche: Workhorse kills flagship van after ‘painful lessons,’ inks supply deal with Canadian manufacturer001710

@VW Group: Volkswagen AG examines stock exchange listing of Porsche AG004732

Oliver Blume, chairman of the Executive Board of Porsche AG, says: “We welcome this decision of Volkswagen AG. Porsche is a strong brand with a robust business model and a worldwide fan community. We also pursue ambitious sustainability goals. For example, Porsche plans to achieve a neutral CO2 balance in 2030. Porsche and Volkswagen can continue… Continue reading @VW Group: Volkswagen AG examines stock exchange listing of Porsche AG004732

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@VW Group: Volkswagen Group achieves solid results in 2021 and drives forward its transformation to NEW AUTO004728

The Volkswagen Group proved the robustness of its business model in 2021. The company increased its overall resilience and improved its capabilities to cope with constraints. Overhead costs were successfully reduced, capex discipline was high and the break-even was lowered. At the same time Volkswagen drove its transformation to NEW AUTO forward. A solid profit… Continue reading @VW Group: Volkswagen Group achieves solid results in 2021 and drives forward its transformation to NEW AUTO004728

@Daimler: Mercedes-Benz establishes sustainable battery recycling: Own recycling plant to start in 2023

Mercedes-Benz rolls out its global strategy for recycling automotive battery systems Hydrometallurgy: Innovative technology increases recycling rate to more than 96 percent Own CO2-neutral recycling plant in Kuppenheim, southern Germany: Together with technology partner Primobius and renowned research institutes, the pilot project is scheduled to start in 2023 Cooperation with high-tech partners in China and… Continue reading @Daimler: Mercedes-Benz establishes sustainable battery recycling: Own recycling plant to start in 2023

@Geely: Geely Automobile Holding Sales Volume For February 2022 Was 78,478 Units, Up Approximately 2% YOY

2022 March, 8th, Hangzhou, China, Geely Auto’s Hong Kong-listed holding company (the Group) (HK.0175), announced that the total sales volume of the Group during the month of February 2022 was 78,478 units, an increase of approximately 2% from the same period last year, but down approximately 46% from January 2022, primarily due to the supply… Continue reading @Geely: Geely Automobile Holding Sales Volume For February 2022 Was 78,478 Units, Up Approximately 2% YOY

@niche: NAVYA signs a memorandum of understanding with the Ministry of Transport and Logistic Services of the Kingdom of Saudi Arabia001704

Villeurbanne, France, March 10th, 2022 – 7:30 pm CET – NAVYA (FR0013018041- Navya), a leader in the field of autonomous […] Villeurbanne, France, March 10th, 2022 – 7:30 pm CET – NAVYA (FR0013018041- Navya), a leader in the field of autonomous mobility systems, has signed today at the French Ministry of Transport in Paris an… Continue reading @niche: NAVYA signs a memorandum of understanding with the Ministry of Transport and Logistic Services of the Kingdom of Saudi Arabia001704

@niche: Workhorse positions itself to raise up to $175M in new stock001704

TipRanks Morgan Stanley Pounds the Table on Amazon Stock Even after a sustained period of share losses, Amazon (AMZN) stock is still pricey, with one share going for $2,936.35. That, however, is about to come an end. On Wednesday, the tech giant announced it would enact a 20-for-1 stock split, which will go into effect… Continue reading @niche: Workhorse positions itself to raise up to $175M in new stock001704

@XPeng: XPENG kicks off P5 smart EV sedan reservation in four European markets and opens XPENG Experience Store in the Netherlands000070

GUANGZHOU, China & AMSTERDAM, Netherlands–(BUSINESS WIRE)–XPENG (the “Company”, NYSE: XPEV and HKEX: 9868), a leading smart mobility and technology company, today kicks off customer reservations of its third and latest production model on the market, the XPENG P5 smart EV sedan, simultaneously in Denmark, the Netherlands, Norway and Sweden. The move marks a major milestone… Continue reading @XPeng: XPENG kicks off P5 smart EV sedan reservation in four European markets and opens XPENG Experience Store in the Netherlands000070