Tesla and Panasonic have agreed to a conscious uncoupling in the world of solar cells.The companies will continue to work together on automotive batteries for Tesla’s electric vehicles.The solar cells were to be used in Tesla’s Solar Roof panels which look like roofing shingles.
Category: Newswire
Nio, the Tesla of China, surges 35% after confirming talks for $1.4 billion in government funding
One of Tesla’s main competitors in China is a step closer to securing funding for additional plants in the region.Under the preliminary agreement, the Hefei government expects to provide resources and funding support for the long-term growth of Nio in the city, the capital of the Anhui province, according to a press release.Nio will provide additional details in the next two months, Reuters reported.
Polestar Precept Is Volvo’s Luxe Electric Concept Powered by Google
Polestar Precept Is Volvo’s Luxe Electric Concept Powered by Google Bloomberg | Feb 25, 2020 at 3:22 PM A sneak preview of specs and renderings ahead of the Geneva Motor Show
VW to Hire ‘Aggressive’ Climate Activist to Scrutinize Policies
Volkswagen AG Chief Executive Officer Herbert Diess plans to hire a climate campaigner to shake up the German automaker’s efforts to fight pollution and help provide a much-needed kick-start toward becoming greener.
Valmet has published the Annual Report and the Corporate Governance Statement for 2019
Valmet Oyj’s stock exchange release on February 25, 2020 at 11:00 a.m. EETValmet has today, on February 25, 2020, published its Annual Report for 2019 on the company’s website at www.valmet.com/annualreport2019. The Annual Report consists of three separate parts: the Annual Review, the Financial Statements and the GRI Supplement. The GRI Supplement is available in… Continue reading Valmet has published the Annual Report and the Corporate Governance Statement for 2019
The Polestar Precept Concept EV Is As Sustainable As It Is Handsome
Meet the Precept, an electric concept car from the Geely-owned Polestar brand, which features seats made from recycled cork and plastic bottles.
Nio to get 10b investment from Hefei
Chinese electric car startup Nio Inc is expected to get strategic investment of over 10 billion yuan ($1.43 billion) from the Hefei city government in Anhui province.As part of the deal, Nio will establish in Hefei a company in charge of its China operations, including production, research and development and sales.Nio has built a plant in Hefei with JAC Motors which is producing Nio’s ES8 and ES6 SUVs.
DENSO Adds New Part Numbers to Expand its Line of Ignition Coils
LONG BEACH, Calif., Feb. 25, 2020 /PRNewswire/ — DENSO Products and Services Americas, Inc., an affiliate of leading global automotive supplier DENSO Corp., has expanded its line of aftermarket ignition coils. DENSO now offers four new coil-on-plug (COP) part numbers that extend its coverage to 2012-2018 Honda and Acura models. “Ignition coils are designed and manufactured for… Continue reading DENSO Adds New Part Numbers to Expand its Line of Ignition Coils
Rejected by Wall Street, Ford’s CEO Has Support Where It Matters
Days after another dismal earnings report, Ford Motor Co. Chief Executive Officer Jim Hackett sent a blunt message during an internal town hall: I’m not going anywhere.
Grammer AG completes refinancing ahead of schedule in a demanding market environment
Amberg, February 25, 2020 – Grammer AG has placed its long-term group funding operations on a solid basis with a new syndicated loan. The syndicated loan consists of two tranches. Tranche A is composed of a credit facility of EUR 150 million for a period of five years plus two one-year renewal options. This tranche… Continue reading Grammer AG completes refinancing ahead of schedule in a demanding market environment