CHENGDU, China, Oct. 20, 2020 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China, today announced the signing of a Framework Agreement with BYD Auto Sales Co., Ltd., a wholly owned subsidiary of BYD Company Limited (“BYD”,(HK:1211)), for the sale of… Continue reading Senmiao Technology Announces Signing of Framework Agreement with BYD to Purchase and Jointly Promote Electric Vehicles for Ride-Sharing
Category: Newswire
VisIC Technologies raises Series E to support growing EV market
NESS ZIONA, Israel, Oct. 19, 2020 /PRNewswire/ — VisIC Technologies Ltd., a global leader in gallium nitride (GaN) devices for automotive high-voltage applications, has successfully raised a Series E financing round with participation from MediaTek, the world’s 4th largest global fabless semiconductor company. This round of financing will help the company to enlarge its portfolio for… Continue reading VisIC Technologies raises Series E to support growing EV market
World NM: E-motorbike startup ION Mobility raises US$3.3m in seed funds000297
ION Mobility, a Singapore-based smart electric motorbike startup has clinched US$3.3 million in seed funding to launch its first motorbike in Indonesia in 2021, as well as to expand regionally. The investors in the seed round included venture firms Monk’s Hill Ventures, TNB Aura, Village Global, kipleX, 500 Startups’ South-east Asia-focused 500 Durians fund, an… Continue reading World NM: E-motorbike startup ION Mobility raises US$3.3m in seed funds000297
Romeo Packs by Romeo Power: The First Battery Pack Family for Commercial Vehicles
LOS ANGELES, Oct. 19, 2020 /PRNewswire/ — Romeo Power, the manufacturer of advanced battery packs with high energy density for electric vehicles, has released a family of battery packs that range in size from 30kWh to 1 MWh to serve the commercial vehicle market. Romeo’s technology has solved the problem of quickly getting electric commercial trucks… Continue reading Romeo Packs by Romeo Power: The First Battery Pack Family for Commercial Vehicles
World NM: Hungaryʼs Hankook Plant a key to European Operations000295
Hankook Tire began construction of its first (and only) tire making plant in Europe in the village of Rácalmás, near Dunaújváros, 75 km south of Budapest. Considered at the time to be “the most technologically advanced facility in the world”, according to Seong Hak Hwang, the current managing director, the plant has since more than… Continue reading World NM: Hungaryʼs Hankook Plant a key to European Operations000295
World NM: Car sales in Europe, U.S., China grow again: VDA000285
BERLIN, Oct. 16 (Xinhua) — September was the first month in more than two years to see a “simultaneous growth” in sales of passenger cars in Europe, the United States and China compared with the same month last year, the German Association of the Automotive Industry (VDA) announced on Friday. However, the COVID-19 pandemic and… Continue reading World NM: Car sales in Europe, U.S., China grow again: VDA000285
World NM: Liberty House makes bid for Thyssenkrupp steel business000284
UK-based steel and metals titan Liberty House has put in a bid for the lossmaking steel unit of Germany’s Thyssenkrupp. Liberty House confirmed this morning that it had made a non-binding offer for its German competitor. The bid comes from a run of acquisitions by Mr Gupta in recent years, ranging from mining and metals… Continue reading World NM: Liberty House makes bid for Thyssenkrupp steel business000284
World NM: Magna to build startup Fisker’s electric SUV000282
Startup California-based car brand Fisker Inc. has struck a deal with automotive contract manufacturer Magna International Inc. to manufacture the Ocean SUV in Europe starting in late 2022, the companies announced Thursday. The partnership is similar to the one Nikola Motors agreed to with General Motors in September for the Badger pickup but has not yet closed following… Continue reading World NM: Magna to build startup Fisker’s electric SUV000282
Groupe Renault : availability of sales figures for September 2020
Communication about availability – Renault sales figures for September 2020Boulogne, October 16, 2020Renault announces that its sales figures reports for September 2020 are now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’, ‘Monthly sales’. AttachmentAvailability RENAULT Sales Go to Source
Karma Automotive Announces Pricing For All-electric GSe-6
Karma created a website at http://www.karmaautomotive.com/reserve to share additional spec information and facilitate pre-orders for the GSe-6. For a fully-refundable $100 deposit, interested individuals can reserve a place in line for the vehicle, which will be available for delivery in 2021. The GSe-6 sedan will retain the award-winning design of the Revero® GT, extending the brand’s… Continue reading Karma Automotive Announces Pricing For All-electric GSe-6