Nikola Adds Seasoned Industry Veterans To Drive Energy Infrastructure And Manufacturing Rollout

Pablo Koziner will lead Nikola’s hydrogen fueling and battery charging business as president of Nikola Energy. Koziner’s extensive global energy and distribution services experience is derived from his more than 18 years at Caterpillar Inc. where he served as president of Solar Turbines, vice president of Electric Power, and in various roles in North and… Continue reading Nikola Adds Seasoned Industry Veterans To Drive Energy Infrastructure And Manufacturing Rollout

Aptiv PLC Announces Pricing of Ordinary Shares and Mandatory Convertible Preferred Shares Offerings

DUBLIN, June 9, 2020 /PRNewswire/ — Aptiv PLC (NYSE: APTV) (the “Company”) today announced the pricing of concurrent offerings of 13,173,495 ordinary shares at a price to the public of $75.91 per share (the “Ordinary Shares Offering”) and 10,000,000 5.50% Series A Mandatory Convertible Preferred Shares (the “mandatory convertible preferred shares”) at a price to the… Continue reading Aptiv PLC Announces Pricing of Ordinary Shares and Mandatory Convertible Preferred Shares Offerings

Otonomo and Fiat Chrysler Automobiles to Collaborate on Increasing Car Data Utilization in the European Union

Hertzliya, Israel, June 09, 2020 (GLOBE NEWSWIRE) — Otonomo, the leading automotive data services platform, today announced the signature of an agreement with Fiat Chrysler Automobiles (FCA) to get de-identified, aggregated data from FCA connected vehicles in Europe to deliver new use cases such as advanced mapping, advanced traffic management and planning, and smart city… Continue reading Otonomo and Fiat Chrysler Automobiles to Collaborate on Increasing Car Data Utilization in the European Union

Upstream Expands Series B Funding

HERZLIYA, Israel, June 9, 2020 /PRNewswire/ — Upstream Security announced today that it has secured an expansion of its Series B funding with an investment by Salesforce Ventures. The undisclosed amount is in addition to $30 million previously invested by Alliance Venture Capital (Renault, Nissan, Mitsubishi), Hyundai, Nationwide Insurance, Volvo Group, and others. Upstream offers specialized… Continue reading Upstream Expands Series B Funding

AAM Announces Proposed Senior Notes Offering

DETROIT, June 9, 2020 /PRNewswire/ — American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) (“Holdings”) announced today that its wholly owned subsidiary, American Axle & Manufacturing, Inc. (“AAM”), is planning a public offering of $400 million of senior notes, subject to market and other conditions. The notes will bear interest at a rate to be determined… Continue reading AAM Announces Proposed Senior Notes Offering

FLX Raises $12 Million To Produce The Babymaker Electric Road Bike

SAN DIEGO, June 8, 2020 /PRNewswire/ — With a total raise of over $12 Million Dollars, FLX Bike ended funding for The Babymaker electric road bike last night. FLX, led by vegan founders Rob Rast and Pete Leaviss, launched the Babymaker on crowdfunding platform Indiegogo on March 17th. The goal was to raise $20,000 to… Continue reading FLX Raises $12 Million To Produce The Babymaker Electric Road Bike

Karma Automotive Names New Chief Strategy Officer To Drive Corporate Growth

As CSO, Tarr will report directly to Karma CEO Dr Lance Zhou, providing valuable insight and leadership for Karma’s business model, strategic innovation and future product portfolio. As Karma Automotive develops future vehicle programs across Electric Luxury Cars, Supercars, Commercial Vehicles and Technology Platforms, Tarr’s strategic guidance will strengthen the company’s growing global presence and… Continue reading Karma Automotive Names New Chief Strategy Officer To Drive Corporate Growth

GAC MOTOR Delivers the First All-electric Vehicle GE3 Overseas

As an environmentalist, Mr. Ben Hion has always wanted to own an electric car. He was attracted by the exterior design of the GE3 when he first saw it advertised on social media. The background of GAC MOTOR as a car manufacturer with rich experience and its partnership with the Union Group, one of Israel’s largest… Continue reading GAC MOTOR Delivers the First All-electric Vehicle GE3 Overseas