Lotus Technology, the technology arm of sports car brand Lotus, said on Wednesday it had completed a fundraising that valued the business at nearly $4.5 billion. The unit, part of Group Lotus which is in turn owned jointly by Chinese automaker Geely and Malaysia’s Etika Automotive, said it would use the proceeds for product innovation and developing global distribution networks. Reuters reported in 2021 that Lotus Technology was… Continue reading China’s Geely-owned Lotus Technology valued at $4.5b in fundraising
Tag: Lotus
Rockstar Games introduces the Community Series to GTA Online – GTA Boom
GTA Online just got a small update that adds a handful of discounted goods to the game and several other changes to community jobs. Rockstar Games is celebrating the talent of creators with the New Community Series. As part of the weekly GTA Online update, Rockstar Games has added what it refers to as the… Continue reading Rockstar Games introduces the Community Series to GTA Online – GTA Boom
IDG Ventures Vietnam sues tech company VCCorp for alleged governance lapsesIt claims to have noticed unusual signs and mistakes in financial managemen…
Vietnam’s first technology venture capital fund, IDG Ventures Vietnam, has sued local tech company VCCorp, alleging that there are unusual signs of corporate governance lapses and concealment of financial management mistakes at the company, according to an announcement. IDG shareholders, including IDGVV 15 Limited and IDG Ventures Vietnam, said in the announcement that they will sue… Continue reading IDG Ventures Vietnam sues tech company VCCorp for alleged governance lapsesIt claims to have noticed unusual signs and mistakes in financial managemen…
Bose’s QuietComfort Earbuds II Boast the Best Noise-Cancelling
According to Bose, this bravura performance is thanks to its CustomTune technology. When the earbuds are taken from their charging case and placed in the user’s ear, a brief tone burst assesses the specific properties of the ear canal. In under half a second, the QCE II take the information and set themselves up, for… Continue reading Bose’s QuietComfort Earbuds II Boast the Best Noise-Cancelling
Moving Industry Innovator Shyft Appoints Randal Meske CEO, Closes Series B Funding
Business Veteran to Lead Company’s Next Phase of Innovation and Growth MIAMI, Sept. 15, 2022 /PRNewswire/ — Shyft, the fintech-powered marketplace reinventing the global moving industry, today announced that Randal Meske has been named Chief Executive Officer. Meske is a veteran go-to-market and growth leader with decades of leadership experience, including roles at SaaS startups… Continue reading Moving Industry Innovator Shyft Appoints Randal Meske CEO, Closes Series B Funding
Legendary Cars ILLEGAL In USA | Permanently Banned! – Car Blog India
The US is quite strict about everything that enters the country. Even some of the most incredible cars are illegal in USA Imported cars are a craze in almost all parts of the world. Apart from the premium looks and specs, the limited availability makes them special. However, you cannot just import any car. Even… Continue reading Legendary Cars ILLEGAL In USA | Permanently Banned! – Car Blog India
Price Simms Family Dealerships Acquire Two Ford Dealerships in Sacramento
SACRAMENTO, Calif., Sept. 2, 2022 /PRNewswire/ — Price Simms Family Dealerships, one of the largest privately held Automotive Groups in Northern California, has completed the acquisition of Downtown Ford and Harrold Ford from the Victory Automotive Group, adding two stores to their now 28-store lineup. Price Simms CEO, Adam Simms commented, “The two dealerships are… Continue reading Price Simms Family Dealerships Acquire Two Ford Dealerships in Sacramento
@Geely: Thu 01 Sep 2022Lotus launches new e-commerce site for parts, accessories and merchandise 1 | 8 | 0 Lotus estimates that up to 70% of …
New online retail platform for current and legacy cars dating back to 1981 Latest Lotus merchandise plus some heritage items also available via parts.lotuscars.com UK customers can either collect, or choose direct delivery, from retail agent Official parts manuals also available to help owners keep their Lotus performing to specification Hethel, UK – 1 September… Continue reading @Geely: Thu 01 Sep 2022Lotus launches new e-commerce site for parts, accessories and merchandise 1 | 8 | 0 Lotus estimates that up to 70% of …
New 2026 Polestar 6 EV sells out one week after public debut
The Polestar 6 convertible electric sports car has sold out in its initial 500-car guise just one week after its public debut. Presented to crowds at The Quail and Pebble Beach in the US, the Polestar 6 will be launched in 2026. It appeared in the US in LA Concept edition guise – an exclusive first edition… Continue reading New 2026 Polestar 6 EV sells out one week after public debut
China’s Geely in talks with oil group to pick stake in Renault engine company
China’s Geely Automobile Holdings and an oil group are in talks about taking stakes in the fossil-fuel engine unit Renault plans to separate from its electric vehicle (EV) business, two sources close to the French carmaker said. But Renault’s alliance partner, Japanese carmaker Nissan, does not plan to take a stake in the combustion engine unit, the… Continue reading China’s Geely in talks with oil group to pick stake in Renault engine company