SAN FRANCISCO, Aug. 3, 2021 /PRNewswire/ — Volta Industries, Inc. (“Volta Charging”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, which has entered into a definitive agreement for a business combination with Tortoise Acquisition Corp. II (NYSE: SNPR), announced today that it intends to expand operations into the European Union with the opening… Continue reading Volta Charging Announces Intent To Expand In Europe
Category: Newswire
Kia America Announces Highest July Sales In Company History
“Kia continues to build on the momentum from our record breaking first-half by setting yet another record” said Sean Yoon, president and CEO of Kia North America and Kia America. “Kia sold more than 74-percent of our available inventory in July as compared to 34-percent during the same period last year, a solid reflection of… Continue reading Kia America Announces Highest July Sales In Company History
Ferrari, Continuing Strong Momentum Across All Regions
CONTINUING STRONG MOMENTUM ACROSS ALL REGIONS Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2021. Second quarter results can be summarized as follows: Total shipments of 2,685 units, almost doubled versus prior year and up 0.5% versus Q2 2019… Continue reading Ferrari, Continuing Strong Momentum Across All Regions
Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business
Pending customary closing conditions and regulatory approvals, Bridgestone will assume ownership of Azuga’s brands and business platforms. The Azuga fleet management platform, which includes advanced safety and fleet management tools, will complement the existing Bridgestone portfolio of cloud-based fleet mobility solutions. The acquisition of Azuga will rapidly advance Bridgestone’s comprehensive solutions for small to enterprise-sized… Continue reading Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business
Lesjöfors divests S&P Federnwerk GmbH
Thu, Jul 29, 2021 22:48 CET Lesjöfors has today entered into an agreement to divest 100 percent of its shares in S&P Federnwerk GmbH. S&P Federnwerk GmbH is a German spring manufacturer whose customers are mainly active in the automotive and agricultural industries. The company has been part of Lesjöfors since 2013 and generated sales… Continue reading Lesjöfors divests S&P Federnwerk GmbH
Kongsberg Automotive reports Q2 2021 results
Fri, Jul 30, 2021 07:30 CET Kongsberg Automotive ASA will host an earnings conference call at 09:00 CET, today. Highlights Q2 2021: REVENUES > Q2 2021 revenues amounted to MEUR 295.9, MEUR 142.3 (+92.6%) above Q2 2020 (negative currency translation effects of MEUR 5.3) and MEUR 1.6 above Q2 2019. > At constant currencies, the… Continue reading Kongsberg Automotive reports Q2 2021 results
Ferrari N.v. Places Eur 150 Million in Bonds With U.s. Private Investors, Due 2032
Maranello (Italy), 29 July 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) today announced that it has completed a private placement to certain US institutional investors of EUR 150 million aggregate principal amount of 0.91% senior notes due 2032 (the “Notes”). The net proceeds from the offering will be used towards general corporate… Continue reading Ferrari N.v. Places Eur 150 Million in Bonds With U.s. Private Investors, Due 2032
World NM: Jeep Gladiator Production Halting One Week Over Chip Shortage001414
From the PlayStation 5 to the Huawei P50 that ships with fourth-generation connectivity instead of 5G technology, the chip shortage affects many industries. The auto sector is especially incapacitated, and the latest automobile to feel the semiconductor crunch is the Gladiator. Accord… (continue reading…) Go to Source
Senmiao Technology Announces Signing of Framework Agreement with BYD’s Biggest Dealer in China for Leasing of 6,000 Automobiles
CHENGDU, China, July 30, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a framework agreement with Baijuyi (Qingdao) New Energy Car Limited (“Baijuyi”), whereby Senmiao… Continue reading Senmiao Technology Announces Signing of Framework Agreement with BYD’s Biggest Dealer in China for Leasing of 6,000 Automobiles
SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months
This round of financing was led by Bank of China Group Investment (BOCGI), followed by the Sub-funds of National Fund for Technology Transfer and Commercialization, Country Garden Venture Capital, Shenzhen Capital Group(SCGC), CCB Investment, IDG Capital, Sany, Xiaomi Corporation, Oceanpine Capital, CHINA RENAISSANCE among others. Original shareholders, including SDIC and JZ Capital, significantly increased their… Continue reading SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months