The maker of Jeep and Ram vehicles is negotiating to take a significant stake in Symbio, a company focused on hydrogen-powered vehicles. Stellantis on Friday said it has begun negotiations with Symbio’s joint venture partners, auto supplier Faurecia of the Forvia Group and the Michelin Group, a tire manufacturer. Hydrogen technology offers a zero-emission alternative… Continue reading Stellantis in negotiations for stake in hydrogen company Symbio
Category: US Motoring Press
Elon Musk tells investors he’ll pause on Tesla stock sales
CEO Elon Musk says he won’t sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk’s purchase of Twitter went through in October “I’m not selling any stock for 18… Continue reading Elon Musk tells investors he’ll pause on Tesla stock sales
Payne: Kia EV6 GT, the discount Tesla dragster
This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Payne: Kia EV6 GT, the discount Tesla dragster
SEC says it’s not violating Elon Musk’s right to free speech
Detroit — The U.S. Securities and Exchange Commission is denying allegations that it is violating Elon Musk’s free speech rights by trying to enforce a 2018 securities fraud settlement. The commission, in an appeals brief filed late Thursday, said Musk, the chief executive of Tesla, waived his First Amendment rights by agreeing to the settlement… Continue reading SEC says it’s not violating Elon Musk’s right to free speech
Luxury auto retailer Landmark Group debuts on BSE at Rs 471
Landmark Cars, a premium and luxury car pan-India dealership chain made its debut on the bourses on Friday. It was listed on the Bombay Stock Exchange (BSE) at Rs 471.30 per share, a 7% discount to its issue price of Rs 506 per share. The company’s Rs 552-crore IPO was oversubscribed three times over at… Continue reading Luxury auto retailer Landmark Group debuts on BSE at Rs 471
Luxury auto retailer Landmark Group debuts on BSE at Rs 471
Landmark Cars, a premium and luxury car pan-India dealership chain made its debut on the bourses on Friday. It was listed on the Bombay Stock Exchange (BSE) at Rs 471.30 per share, a 7% discount to its issue price of Rs 506 per share. The company’s Rs 552-crore IPO was oversubscribed three times over at… Continue reading Luxury auto retailer Landmark Group debuts on BSE at Rs 471
Stellantis explores acquiring stake in Faurecia Michelin hydrogen JV
Faurecia, a company of the Group FORVIA, Michelin and Stellantis announced starting of exclusive negotiations for Stellantis to acquire a substantial stake in Symbio, a leader in zero-emission hydrogen mobility and a Faurecia and Michelin joint venture. “Symbio’s technical roadmap perfectly matches with Stellantis’ hydrogen rollout plans in Europe and in the U.S.,” said Stellantis CEO… Continue reading Stellantis explores acquiring stake in Faurecia Michelin hydrogen JV
Tata Motors wins Delhi Transport Corp’s order for 1,500 electric buses
Commercial vehicle market leader Tata Motors has signed a definitive agreement with Delhi Transport Corporation (DTC) for operation of 1,500 electric buses in New Delhi city. As part of the agreement, Tata Motors’ subsidiary TML CV Mobility Solutions will supply, operate and maintain 1,500 units of 12-metre low-floor air-conditioned electric Starbus EVs for 12 years. Ms.… Continue reading Tata Motors wins Delhi Transport Corp’s order for 1,500 electric buses
Tata Motors wins Delhi Transport Corp’s order for 1,500 electric buses
Commercial vehicle market leader Tata Motors has signed a definitive agreement with Delhi Transport Corporation (DTC) for operation of 1,500 electric buses in New Delhi city. As part of the agreement, Tata Motors’ subsidiary TML CV Mobility Solutions will supply, operate and maintain 1,500 units of 12-metre low-floor air-conditioned electric Starbus EVs for 12 years. Ms.… Continue reading Tata Motors wins Delhi Transport Corp’s order for 1,500 electric buses
Mercedes-Benz India and MBRDI launch cutting-edge EV course at RV College of Engineering
Mercedes-Benz India and MBRDI launch cutting-edge EV course at RV College of Engineering Mercedes-Benz Research & Development India (MBRDI) has partnered with Mercedes-Benz India to introduce the all-new EV module in its Advanced Diploma Automotive Diploma (ADAM) course offered at the R.V. College of Engineering in Bengaluru. MBRDI has also contributed a high-tech EV lab… Continue reading Mercedes-Benz India and MBRDI launch cutting-edge EV course at RV College of Engineering