FAURECIA : ALL FINANCIAL TARGETS ACHIEVED DESPITE HEADWINDS IN H2 ; RECORD SALES, PROFITABILITY AND CASH – STRONG ORDER INTAKE ; PROPOSED DIVIDEND OF 1.25€ PER SHARE Nanterre (France), February 18, 2019 FULL-YEAR 2018 RESULTS ALL FINANCIAL TARGETS ACHIEVED DESPITE HEADWINDS IN H2 RECORD SALES, PROFITABILITY AND CASH – STRONG ORDER INTAKE PROPOSED DIVIDEND OF… Continue reading FAURECIA : ALL FINANCIAL TARGETS ACHIEVED DESPITE HEADWINDS IN H2 ; RECORD SALES, PROFITABILITY AND CASH – STRONG ORDER INTAKE ; PROPOSED DIVIDEND OF 1.25€ PER SHARE
Tag: Strategy
Ford’s New Take on Getting Parcels to Your Door Could Help Speed Deliveries, Ease Congestion and Improve Air Quality
Ford partners with delivery company Gnewt by Menzies Distribution (Gnewt) to trial new digital parcel courier service designed to help reduce congestion and offer faster deliveries Ford’s new cloud-based software identifies optimum places for van drivers to pull over near multiple drop-off points; pedestrian and, one day, cycle couriers perform last leg of delivery Gnewt… Continue reading Ford’s New Take on Getting Parcels to Your Door Could Help Speed Deliveries, Ease Congestion and Improve Air Quality
PSA accelerates in services in China
PSA signs a new operation in China. The French manufacturer announced on Monday to have taken a “significant stake” in FengChe, a specialist in “used vehicle management services in the local market”. The group will remain “minority shareholder”, PSA said the “Echoes” without revealing the amount of investment. of the “Push to Pass” strategic plan,… Continue reading PSA accelerates in services in China
BlackBerry and the Government of Canada partner for a safe and secure connected future
BlackBerry and the Government of Canada announce a partnership to accelerate safety-certified autonomous and connected vehicle technology. The Prime Minister, Justin Trudeau, announced an investment of $40 million in BlackBerry QNX, a business unit of BlackBerry Limited, to develop safe and secure software systems for the next generation of connected and autonomous vehicles. BlackBerry will invest… Continue reading BlackBerry and the Government of Canada partner for a safe and secure connected future
PowerShare Raises Series A Funding Round
PowerShare, an electric vehicle (EV) charging platform startup based in China, received an investment from Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi. The investment is part of the company’s Series A round, led by BP’s venturing business, BP Ventures, wwith participation from Detong Capital Partners. The amount of the deal was not disclosed.… Continue reading PowerShare Raises Series A Funding Round
Alliance Ventures invests in PowerShare to advance charging solutions and services for electric vehicles
Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, today announced a new investment in PowerShare, an electric vehicle (EV) charging platform startup based in China. PowerShare provides an online platform that connects EV drivers, charge point operators and power suppliers to streamline the charging experience. It offers a cloud-based system, enabling suppliers to monitor… Continue reading Alliance Ventures invests in PowerShare to advance charging solutions and services for electric vehicles
Groupe PSA invests in FengChe
FengChe is a leading Chinese provider of used car supply chain management and transaction services Groupe PSA is stepping up its international expansion in the used car business Founded in Shanghai in 2015, FengChe is a leading expert in used car supply chain management and transaction services in China. It provides a used car management… Continue reading Groupe PSA invests in FengChe
Nissan panel to recommend outside director to chair board: Nikkei
People walk past a dealer shop of Nissan Motor Co. in Tokyo, Japan, February 12, 2019. REUTERS/Kim Kyung-hoon TOKYO (Reuters) – A Nissan Motor governance committee will recommend the appointment of an external director as board chairman, a role distinct from company chairman, in a move to decentralize power at the top level, the Nikkei… Continue reading Nissan panel to recommend outside director to chair board: Nikkei
OXIS Energy Lithium-Sulfur Batteries To Be Produced In Brazil
OXIS Energy attracted $60 million investment to build small production facility OXIS Energy is progressing on the way to commercialize its lithium-sulfur (Li-S) battery, which already offers energy density of more than 400 Wh/kg and by the end of 2019 are expected to improve to 500 Wh/kg. The company signed contract with CODEMGE PARTICIPACOES SA,… Continue reading OXIS Energy Lithium-Sulfur Batteries To Be Produced In Brazil
UK Government Invests In Charging Points For Electric Taxis
The government has set aside £6 million for 17 councils to install electric car charging points that will support the uptake of electric taxis. More UK News The local authorities, which are dotted around the country in cities such as Manchester, Brighton and Leicester, will build a combined total of almost 350 charge points. Of those,… Continue reading UK Government Invests In Charging Points For Electric Taxis