MILTON, Ga., May 21, 2020 /PRNewswire/ — Exide Technologies (“Exide” or the “Company”), a global provider of stored energy solutions, today announced that customary first day motions to help facilitate continued operations in the ordinary course of business while the Company operates in Chapter 11 were approved by Judge Christopher S. Sontchi of the U.S.… Continue reading Exide Technologies Announces Court Approval of First Day Motions Allowing Business Operations to Proceed in Ordinary Course
Tag: Strategy
Michelin’s CO2 reduction targets approved by SBTi*
Michelin’s CO2 reduction targets approved by SBTi* Michelin’s targets have been approved by the Science Based Targets initiative (SBTi), a leading independent international organisation which encourages participating companies to set greenhouse gas (GHG) emissions-reduction targets. This is Michelin’s first step toward achieving net-zero emissions at all company sites by 2050. This milestone corroborates Michelin’s environmental… Continue reading Michelin’s CO2 reduction targets approved by SBTi*
@Geely: Kandi Technologies Appoints New Chief Financial Offer
JINHUA, CHINA, May 21, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), is pleased to announce the appointment of Mr. Jehn Ming Lim as Chief Financial Officer (“CFO”), effective on May 15, 2020. Ms. Zhu Xiaoying had completed her responsibilities as the Company’s interim CFO.Mr. Lim brings over… Continue reading @Geely: Kandi Technologies Appoints New Chief Financial Offer
Aston Martin tumbles after saying it may seek more funding – Gulf News
1 of 9 STEPS TO CUT COSTS: Aston Martin Lagonda Global Holdings Plc said it may raise more funds and will take further steps to cut costs and control cash as the coronavirus pandemic weighs on business. The British manufacturer reported a wider first-quarter loss and a 60% drop in revenue. The carmaker recently got… Continue reading Aston Martin tumbles after saying it may seek more funding – Gulf News
Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory
Xpeng Motors receives production license for its self-owned Zhaoqing factory Customer deliveries of Xpeng P7 to start in 2Q (Guangzhou, May 19, 2020) – Xpeng Motors, a leading electric vehicle and technology company, today announced that it has received the official production license from China’s Ministry of Industry and Information Technology for its new own-built,… Continue reading Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory
Autonomous aviation startup Xwing raises $10M to scale its software for pilotless flights
Autonomous aviation startup Xwing locked in a $10 million funding round before COVID-19 hit. Now the San Francisco-based startup is using the capital to hire talent and scale the development of its software stack as it aims for commercial operations later this year — pending FAA approvals. The company announced Wednesday its Series A funding… Continue reading Autonomous aviation startup Xwing raises $10M to scale its software for pilotless flights
@Ferrari: Ferrari Announces Offering of Notes
Maranello (Italy), 20 May, 2020 – Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that it plans to offer unsecured debt securities (the “Notes”) in benchmark size and subject to market conditions. The Notes are intended to rank pari passu with respect to all other outstanding unsecured and unsubordinated obligations of Ferrari. Ferrari intends to use… Continue reading @Ferrari: Ferrari Announces Offering of Notes
@Tata-JLR: FIRST RANGE ROVER MADE UNDER SOCIAL DISTANCING MEASURES COMES OFF JAGUAR LAND ROVER’S SOLIHULL PRODUCTION LINE
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: FIRST RANGE ROVER MADE UNDER SOCIAL DISTANCING MEASURES COMES OFF JAGUAR LAND ROVER’S SOLIHULL PRODUCTION LINE
@Tata-JLR: JAGUAR LAND ROVER SPECIAL VEHICLE OPERATIONS REPORTS FISCAL 2019/20 RETAIL SALES GROWTH
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 SPECIAL VEHICLE OPERATIONS REPORTS FISCAL 2019/20 RETAIL SALES GROWTH
Tesla is set to produce 4,000 electric cars per week in Shanghai next month, Model Y in Q1 2021
Tesla is apparently going to exceed its planned Model 3 production capacity in the first phase of Gigafactory Shanghai, and Model Y production is going to start sooner than some think. When Tesla first announced its plans for a new factory in Shanghai, the automaker was aiming for the first phase to produce 150,000 Model… Continue reading Tesla is set to produce 4,000 electric cars per week in Shanghai next month, Model Y in Q1 2021