(Reuters) -CYVN Holdings, a firm backed by the Abu Dhabi government, will invest about $738.5 million in Nio Inc, the Chinese electric vehicle maker said on Tuesday, as it looks to bolster the company’s balance sheet. Nio and peers Xpeng and Li Auto are among those competing to grab a larger EV market share in… Continue reading China’s Nio to get near $740 million investment from Abu Dhabi-backed firm
Category: Suppliers
NIO Inc. Announces Strategic Equity Investment from CYVN Holdings
SHANGHAI, China, June 20, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has entered into a share subscription agreement with CYVN Holdings L.L.C., an investment vehicle majority owned by the… Continue reading NIO Inc. Announces Strategic Equity Investment from CYVN Holdings
2 Green Flags for Nio Stock in 2023 (and Beyond)
Fool.com contributor and finance professor Parkev Tatevosian elaborates on two catalysts that could lift Nio’s (NYSE: NIO) stock price higher in 2023. *Stock prices used were the afternoon prices of June 16, 2023. Go to Source
How can I make my fleet more efficient?
Fleet efficiency is vital for economic success. Especially considering fuel alone can account for a quarter of operating costs. Location technology can help to optimize routing without costing too much or taking too long to implement. Efficient route planning should be top of the list for businesses looking to improve their fleet. New vehicles can… Continue reading How can I make my fleet more efficient?
Why the last mile is crucial to your shipments
It doesn’t matter how seamless a package’s journey has been if the last mile (the one that ends with it landing in the customer’s hands or on their doorstep) isn’t perfect. The “last mile” — a term first coined in the 1980s telecoms industry — is the final distance a product travels to arrive with… Continue reading Why the last mile is crucial to your shipments
Toyoda Gosei Develops Horizontal GaN Power Device of World-Class High-Voltage, High-Speed Operation
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO:7282) and Powdec K.K. have jointly developed1 a high-performance horizontal GaN power device that will lead to improved performance in the power converters used in solar power generation and other equipment. Power devices are widely used in power control for industrial machinery, automobiles, home appliances and more. Today, as… Continue reading Toyoda Gosei Develops Horizontal GaN Power Device of World-Class High-Voltage, High-Speed Operation
[Executive Corner] Perfecting the Customer Experience Through Design
June 20, 2023 [Executive Corner] Perfecting the Customer Experience Through Design Open share list Share this content. The physical design or look of a product is extremely important in creating a good first impression with consumers. Equally vital to the reception and enduring appeal of a product is another kind of design called customer experience… Continue reading [Executive Corner] Perfecting the Customer Experience Through Design
Bosch eBike Systems drives forward the digital future of eBiking
Bosch eBike Systems is shaping the future of eBike mobility with innovative products and digital services ranging from highly efficient drive systems to the first production-ready ABS for eBikes and Connected Biking solutions. On the daily routes through the city, on leisurely rides through the countryside or for sporting adventures in the mountains: Bosch eBike… Continue reading Bosch eBike Systems drives forward the digital future of eBiking
Michelin: Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films
Clermont-Ferrand, June 19, 2023 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films Creating a leader in high-tech engineered fabrics and films, increasing by c. 20% the revenue of Michelin’s High-Tech Materials businesses. An important step to develop Michelin beyond mobility… Continue reading Michelin: Michelin announces the acquisition of Flex Composite Group to create a leader in high-tech engineered fabrics and films
Michelin : Michelin annonce l’acquisition de Flex Composite Group pour créer un leader des tissus et films de haute technologie
Clermont-Ferrand, 19 juin 2023 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Michelin annonce l’acquisition de Flex Composite Group pour créer un leader des tissus et films de haute technologie Création d’un leader dans les tissus et films de haute technologie, hausse d’environ 20 % du chiffre d’affaires des activités Matériaux de Haute Technologie de Michelin. Une étape… Continue reading Michelin : Michelin annonce l’acquisition de Flex Composite Group pour créer un leader des tissus et films de haute technologie