LORDSTOWN, OH (November 16, 2020) – Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, today announced recent commercial, operational and strategic developments, as it remains on track to begin production of the Lordstown Endurance, the world’s first full-size, all-electric pickup truck, in the… Continue reading @niche: From Lordstown Motors Lordstown Motors Releases Business Updates; Remains on Track to Begin Production …000296
Tag: Strategy
Valmet Automotive successfully completes the sale of its Engineering Services business
Valmet Automotive now has successfully completed the sale of its Engineering Services business to Mutares SE & Co. KGaA, after having received the approval of the antitrust authorities. Valmet Automotive is now focusing its engineering efforts on Electric Vehicles battery systems, on roof and kinematic systems, as well as the manufacturing engineering for its products,… Continue reading Valmet Automotive successfully completes the sale of its Engineering Services business
Cummins Leadership Shares Hydrogen Technology Strategy and Plans for Continued Growth
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI), a global power leader, today shared how the company plans to grow its fuel cell and hydrogen production business and further solidify the company as a global power leader. “As the world transitions to a low carbon future, Cummins has the financial strength to invest in hydrogen and battery… Continue reading Cummins Leadership Shares Hydrogen Technology Strategy and Plans for Continued Growth
German Handelsblatt: Automobile industry: Porsche SE puts pressure on its tech holdings000782
Traffic in Shanghai PTV’s software is designed to help monitor the flow of traffic. (Photo: Bloomberg) Stuttgart The VW parent company Porsche SE is pulling the reins on its investments. In addition to the large stake in the Volkswagen Group, the holding company, in which the Porsche and Piëch families have the say with 100… Continue reading German Handelsblatt: Automobile industry: Porsche SE puts pressure on its tech holdings000782
Continental Expands its Plastics Expertise for Thermo Management at Specialist Tech Centers
Mobility of the future: experts conduct research and development on high-performance plastics for innovative electric and hybrid vehicle solutions at three German locations Automotive manufacturers benefit: entire development process chain from one source Fewer CO2 emissions: lightweight solutions thanks to new materials and connection concepts Hanover, November 16, 2020. Technology company Continental is expanding its… Continue reading Continental Expands its Plastics Expertise for Thermo Management at Specialist Tech Centers
German Handelsblatt: Uyghur suppression: China plant damages VW’s reputation – the group is now defending itself against allegations000780
Volkswagen plant in China To ensure that no employees work under duress at the Volkswagen plant in Urumchi, the company has set up a whistleblower system and an external ombudsman, among other things. (Photo: Reuters) Beijing, Frankfurt Forced sterilizations, forced labor, mass internments – these are serious allegations that are made against the Chinese government… Continue reading German Handelsblatt: Uyghur suppression: China plant damages VW’s reputation – the group is now defending itself against allegations000780
@Nissan: Recently, there have been speculative international media reports regarding Nissan’s capital relationship with Mitsubishi Motors.
2020/11/16 Recently, there have been speculative international media reports regarding Nissan’s capital relationship with Mitsubishi Motors. Contrary to the assertions in the articles, there are no plans to change the capital structure with Mitsubishi. Like “Nissan NEXT”, we understand that Mitsubishi Motors is working on its “Small but Beautiful” business transformation plan which it announced… Continue reading @Nissan: Recently, there have been speculative international media reports regarding Nissan’s capital relationship with Mitsubishi Motors.
@Tata-JLR: JAGUAR LAND ROVER DEVELOPS SMART CITY HUB TO TEST SELF-DRIVING VEHICLE TECHNOLOGY
About Jaguar Land Rover Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV,… Continue reading @Tata-JLR: JAGUAR LAND ROVER DEVELOPS SMART CITY HUB TO TEST SELF-DRIVING VEHICLE TECHNOLOGY
Azul S.A. Statement on the Successful Settlement of Public Convertible Debentures
SAO PAULO, Nov. 15, 2020 /PRNewswire/ — Azul S.A. (B3: AZUL4,NYSE: AZUL) and its partners celebrate the successful settlement of its public offering of convertible debentures in Brazil. The settlement took place on Nov 12 and the official settlement announcement can be found on the Azul Investor Relations website. Financial advisors to the company included… Continue reading Azul S.A. Statement on the Successful Settlement of Public Convertible Debentures
New life for the Ionity project with the entry of the Hyundai group
MOBILITY AT THE PLUG The Hyundai group has joined Ionity, the main European reference network for electric vehicles by Giulia Paganoni The Hyundai group has joined Ionity, the main European reference network for electric vehicles November 10, 2020 2 ‘of reading The Hyundai group (which includes the Hyundai and Kia brands) has entered as a… Continue reading New life for the Ionity project with the entry of the Hyundai group