PRESS RELEASEClermont-Ferrand – October 20, 2020COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN CAPITAL REDUCTIONCancellation of 1,097,540 treasury shares Pursuant to the decision of the Managing Chairman on October 13, 2020 and the fifth and the twenty-fourth resolutions of the June 23, 2020 Shareholders Meeting and the fifth and fourteenth resolutions of the May 17, 2019 Shareholders Meeting, Compagnie Générale… Continue reading Michelin: Capital Reduction – Cancellation of 1,097,540 treasury shares
Category: Newswire
GM Investing $2 Billion to Transition Spring Hill, Tennessee Plant to Build Electric Vehicles, including Cadillac LYRIQ
WARREN, Mich., Oct. 20, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today that its Spring Hill, Tennessee assembly plant will begin the transition to become the company’s third vehicle manufacturing site to produce electric vehicles, joining Factory ZERO in Detroit and Hamtramck, Michigan, and Orion Assembly in Orion Township, Michigan. In addition, the company… Continue reading GM Investing $2 Billion to Transition Spring Hill, Tennessee Plant to Build Electric Vehicles, including Cadillac LYRIQ
Toyota AI Ventures Invests in YPC Technologies Through 2020 “Call for Innovation”
LOS ALTOS, Calif., Oct. 20, 2020 /PRNewswire/ — Toyota AI Ventures, Toyota’s early-stage venture capital fund, today announced its investment in YPC Technologies, a robotic kitchen startup based in Montreal, Canada. The funding follows YPC Technologies’ participation in the 2020 Toyota AI Ventures “call for innovation” focused on smart, connected cities that launched earlier this… Continue reading Toyota AI Ventures Invests in YPC Technologies Through 2020 “Call for Innovation”
Velodyne Lidar Calls for Action to Improve Pedestrian Safety
SAN JOSE, Calif.–(BUSINESS WIRE)– #lidar–Velodyne Lidar white paper calls for performance testing of driver assistance systems to be expanded to include dark nighttime scenarios. Go to Source
Lightning Systems Renames Company Lightning eMotors, Expands to Meet Growing Demand for Medium-Duty Commercial EVs
LOVELAND, Colo., Oct. 20, 2020 /PRNewswire/ — Lightning Systems, a leading provider of complete electrification solutions for commercial fleets, today announced that it is expanding and renaming the company to Lightning eMotors, effective immediately. Continue Reading Electric drivetrains being assembled at Lightning eMotors’ facility in Loveland, CO “When we originally selected Lightning Systems as our name,… Continue reading Lightning Systems Renames Company Lightning eMotors, Expands to Meet Growing Demand for Medium-Duty Commercial EVs
Senmiao Technology Announces Signing of Framework Agreement with BYD to Purchase and Jointly Promote Electric Vehicles for Ride-Sharing
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
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