Tag: M and A

AMTD Digital looks to raise $100m in NYSE IPO even as scrutiny tightens …

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading AMTD Digital looks to raise $100m in NYSE IPO even as scrutiny tightens …

Stellantis gives Chrysler 10 years to prove itself – Automotive News

Instead of making any immediate decisions, Tavares is giving brand leaders 10 years, during which they’ll have funding along with the chance to build and carry out a long-term vision. “We love them all,” Tavares said of the brands. “You do not kill what you love.” Brand heads will be given an opportunity to “plan… Continue reading Stellantis gives Chrysler 10 years to prove itself – Automotive News

FCA CEO Mike Manley to lead Americas operations for newly formed Stellantis – The Detroit News

Mike Manley, CEO of Fiat Chrysler Automobiles NV, will head up Americas operations when the automaker’s merger with French automaker Groupe PSA is complete, according to a letter from FCA chairman John Elkann to employees Friday. In announcing the news, Elkann cited Manley’s leadership following the 2018 death of Sergio Marchionne, the chief executive who merged… Continue reading FCA CEO Mike Manley to lead Americas operations for newly formed Stellantis – The Detroit News

Automakers to up fuel cell vehicle production

Visitors check out a hydrogen fuel cell bus at the 2021 Shanghai auto show, held from April 19-28. [Photo by Long Wei/For China Daily] Hydrogen seen as legitimate clean power source to complement hybrids, full electrics Carmakers in China and abroad are stepping up efforts to build hydrogen fuel cell vehicles, which are thought could… Continue reading Automakers to up fuel cell vehicle production

Ford and Toyota top self-driving technology league table

TOKYO — Leading carmakers such as Ford Motor and Toyota Motor are catching up with tech giants in the global race to develop self-driving technology as indicated by new patent data. The two companies claimed the top two positions on a list of most competitive firms in terms of patents related to autonomous driving technology.… Continue reading Ford and Toyota top self-driving technology league table

Fisker says it’s going to make an electric popemobile – pope or nope?

We now have the answer to the question: “Who on earth is going to buy the new Fisker electric car?” The answer: Pope Francis. Is it pope or dope? Henrik Fisker is a controversial figure in the electric vehicle community. While he is undeniably a prolific designer, he has had a contentious body of work… Continue reading Fisker says it’s going to make an electric popemobile – pope or nope?

MG Motor India launches platform for free online medical consultation for customers

The services are being provided in partnership with the ‘Doctor 24*7 platform’. The medical team of experts will also follow up with MG customers within 72 hours of the first consultation, the statement added. MG Motor India on Friday launched a platform for free online medical consultation with doctors for its customers as part of… Continue reading MG Motor India launches platform for free online medical consultation for customers

@BMW: BMW Startup Garage China opens Joint Innovation Base with Alibaba Cloud in Shanghai.001141

Shanghai/Munich. The Joint Innovation Base (officially named “Alibaba Cloud Innovation Center – BMW Startup Garage Joint Innovation Base”) started operations yesterday in the Shanghai Jinqiao Economic and Technological Development Zone. With this project, BMW and Alibaba will harness their respective strengths and resources in order to empower Chinese tech startups for scaling up their innovations.… Continue reading @BMW: BMW Startup Garage China opens Joint Innovation Base with Alibaba Cloud in Shanghai.001141