GÖTEBORG, Sweden, April 8, 2021 /PRNewswire/ — Volvo Group and SSAB have signed a collaboration agreement on research, development, serial production and commercialization of the world’s first vehicles to be made of fossil-free steel. Volvo plans already this year to start the production of concept vehicles and components from steel made by SSAB using hydrogen.… Continue reading Volvo Group and SSAB to collaborate on the world’s first vehicles of fossil-free steel
Category: Newswire
Senmiao Technology Announces Over 1.5 Million Completed Rides on its Ride-Hailing Platform in March 2021
CHENGDU, China, April 7, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced operating metrics for its proprietary online ride-hailing platform for the month of March 2021. The growth rate… Continue reading Senmiao Technology Announces Over 1.5 Million Completed Rides on its Ride-Hailing Platform in March 2021
World NM: SK hynix in talks with Bosch over supply of automotive memory chips: sources001065
SK hynix Inc., South Korea’s second-largest chipmaker, is in talks with German auto parts giant Robert Bosch GmbH over a long-term supply of automotive memory semiconductors, industry sources said Wednesday. Industry observers believe that SK hynix will bolster its moves to expand its sales in the automotive sector amid a shortage of chips that led… Continue reading World NM: SK hynix in talks with Bosch over supply of automotive memory chips: sources001065
Renren Announces a $6 Million Equity Investment in Kaixin Auto
BEIJING, April 6, 2021 /PRNewswire/ — Renren Inc. (NYSE: RENN) (“Renren” or the “Company”) announced today that Renren has made a $6,000,000 equity investment in Kaixin by subscribing Kaixin Auto Holdings’ (“Kaixin”) newly designated convertible preferred shares. The preferred shares are convertible into Kaixin’s ordinary shares at a conversion price of $3.00, subject to customary adjustments pursuant… Continue reading Renren Announces a $6 Million Equity Investment in Kaixin Auto
Car Capital Announces $8.8 Million Series A Funding Round and Launches Operations
GRAPEVINE, Texas, April 6, 2021 /PRNewswire/ — Car Capital, an advanced technology company that provides their dealer partners with the ability to make 24/7 instant auto loan decisions, has closed an $8.8 million Series A funding round. The round was led by FM Capital with participation from over 50 individual and institutional investors, including Automotive… Continue reading Car Capital Announces $8.8 Million Series A Funding Round and Launches Operations
Toyoda Gosei Sets Medium and Long-Term Targets for Achieving Carbon Neutrality
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO: 7282) has formulated new medium and long-term CO2 reduction targets it calls “Targets 50 & 50.” It has also set CO2 reduction targets in its 7th Environmental Action Plan1 covering the five years until 2025, and is accelerating efforts for decarbonization. In moving toward carbon neutrality, Toyoda Gosei… Continue reading Toyoda Gosei Sets Medium and Long-Term Targets for Achieving Carbon Neutrality
Innoviz Technologies and Collective Growth Corporation Announce Closing of Business Combination
The successful completion of the business combination will allow Innoviz Technologies to meet the booming demand of the auto industry, which has been waiting for the LiDAR technology to mature. Innoviz is engaged in multiple automotive programs with multiple partners across the globe, and is growing. Innoviz is pleased to announce today, after years of… Continue reading Innoviz Technologies and Collective Growth Corporation Announce Closing of Business Combination
Haldex Annual and Sustainability Report 2020
LANDSKRONA, Sweden, April 3, 2021 /PRNewswire/ — Haldex AB (publ) published the Annual and Sustainability Report 2020 on March 26, 2021. The English translation has now been finalized and uploaded on Haldex Group web site: https://www.haldex.com/en/corporate/investors/financial-reports/. Printed copies can be ordered by calling the switchboard on telephone +46 418 47 60 00 or send an… Continue reading Haldex Annual and Sustainability Report 2020
Magna publie son rapport annuel pour 2020
AURORA, Ontario (Canada), 02 avr. 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui que son rapport annuel 2020, y compris le rapport de gestion, les états financiers consolidés audités, la notice annuelle (AIF) et le formulaire 40-F, sont désormais disponibles sur le site Web de la société, www.magna.com. Magna a également… Continue reading Magna publie son rapport annuel pour 2020
World NM: Indus Motor makes history with highest production, sales001053
LAHORE – Indus Motor achieved yet another milestone, celebrating the highest ever production and sales volumes in the month of March 2021. Consumer purchasing power was revitalised, and a reduction in interest rates led to increase in auto financing. IMC has enabled over 30 technical assistance agreements with local as well as global auto part… Continue reading World NM: Indus Motor makes history with highest production, sales001053