Harley-Davidson Delivers Second Quarter Financial Results

MILWAUKEE, July 27, 2023 /PRNewswire/ — Harley-Davidson, Inc. (“Harley-Davidson,” “HDI,” or the “Company”), (NYSE: HOG) today reported second quarter 2023 results. “Harley-Davidson showed continued progress in delivery of our Hardwire strategy this quarter, despite the macro-economic conditions affecting both the business and our customers. Following the production suspension we experienced late in the quarter impacting motorcycle… Continue reading Harley-Davidson Delivers Second Quarter Financial Results

Arch Resources Reports Second Quarter 2023 Results

Achieves net income of $77.4 million and adjusted EBITDA of $130.4 million Declares a quarterly cash dividend of $75.4 million, or $3.97 per share Invests $73.5 million to repurchase 623,304 shares ST. LOUIS, July 27, 2023 /PRNewswire/ — Arch Resources, Inc. (NYSE: ARCH) today reported net income of $77.4 million, or $4.04 per diluted share,… Continue reading Arch Resources Reports Second Quarter 2023 Results

ev.energy secures $33M Series B funding to drive electric vehicle-grid integration in North America and Europe

ev.energy will expand its reach in North America and Europe, create a pathway to connect millions of vehicles, chargers and drivers to their Virtual Power Plant (VPP) and enable Vehicle-to-Grid (V2G) services The funding round was led by National Grid Partners with support from Aviva Ventures, WEX Venture Capital, InMotion Ventures, the investment arm of… Continue reading ev.energy secures $33M Series B funding to drive electric vehicle-grid integration in North America and Europe

HONEYWELL DELIVERS STRONG SECOND QUARTER RESULTS AND RAISES FULL-YEAR SALES, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE

Sales of $9.1 Billion, Reported Sales Up 2%, Organic1 Sales Up 3%, Operating Cash Flow Up 72%, Free Cash Flow1 Up 34% Earnings Per Share of $2.22 and Adjusted Earnings Per Share1 of $2.23 Aerospace Reported Sales Up 15%, Organic1 Sales Up 16%, Led by Over 20% Growth in Commercial Aviation Backlog Up 4% to… Continue reading HONEYWELL DELIVERS STRONG SECOND QUARTER RESULTS AND RAISES FULL-YEAR SALES, SEGMENT MARGIN, AND ADJUSTED EPS GUIDANCE

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German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355

For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355

German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355

For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. In an extraordinary supervisory board meeting on Wednesday, the committee gave the green light for the cooperation.Together with Xpeng, VW wants to develop two new electric models for the… Continue reading German Handelsblatt: Entry into Xpeng: New electric cars for China: VW is entering into the Chinese manufacturer Xpeng007355

Europa Wire: BAE Systems to Supply Advanced Electric Propulsion Systems for Toronto Transit Commission Zero-Emission Bus Fleet 000701

BAE Systems to Supply Advanced Electric Propulsion Systems for Toronto Transit Commission’s Zero-Emission Bus Fleet (IN BRIEF) BAE Systems, a leader in heavy-duty electric propulsion, will provide up to 541 Gen3 electric power and propulsion systems for the Toronto Transit Commission’s (TTC) new battery-electric bus fleet. The Gen3 technology builds on BAE Systems’ proven components… Continue reading Europa Wire: BAE Systems to Supply Advanced Electric Propulsion Systems for Toronto Transit Commission Zero-Emission Bus Fleet 000701

Europa Wire: Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China000700

Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China (IN BRIEF) Volkswagen Group is expanding its presence in the fast-growing e-mobility market in China through strategic cooperations with local automakers. The VW brand has signed a technological framework agreement with XPENG for joint development of two electric models in… Continue reading Europa Wire: Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China000700

Europa Wire: MAN Truck & Bus Reports Robust Growth in Unit Sales and Revenue, Achieves Return Targets in H1 2023000699

MAN Truck & Bus Reports Robust Growth in Unit Sales and Revenue, Achieves Return Targets in H1 2023 (IN BRIEF) MAN Truck & Bus, a commercial vehicles manufacturer, reported strong performance in the first half of the year. Unit sales increased by 61% to 56,173 new vehicles, with sales revenue reaching €7.0 billion, a 41%… Continue reading Europa Wire: MAN Truck & Bus Reports Robust Growth in Unit Sales and Revenue, Achieves Return Targets in H1 2023000699