Contract Manufacturer – Page 157 – I wish I had more to offer

Lordstown’s funding in crisis as investor Foxconn alleges agreement breach

May 1 (Reuters) – Major shareholder Foxconn is alleging that Lordstown Motors (RIDE.O) had breached their $170 million investment deal, the EV maker said on Monday, while warning that it might not have enough cash to fund its operations if the agreement falls through. Lordstown, whose shares tumbled 15% in early trading, said Foxconn pointed… Continue reading Lordstown’s funding in crisis as investor Foxconn alleges agreement breach

Michigan EV Scholars program gives college students $10,000 scholarships: What’s required

As the Motor City changes, so do opportunities for college students in Michigan interested in scholarship money to pursue the transition to electric vehicles from internal combustion engines. In recent days, a dozen students from Michigan State University’s College of Engineering have been named in the first round of Michigander EV Scholars program to receive… Continue reading Michigan EV Scholars program gives college students $10,000 scholarships: What’s required

AUTOMOBILI PININFARINA STRENGTHENS MANAGEMENT TEAM AND PREVIEWS NEXT CAR DESIGNED FOR DISCERNING COLLECTORS

Italian luxury carmaker Automobili Pininfarina strengthens its management team with the appointment of a new Chief Technical Officer (CTO) and Chief Operating Officer (COO) Andrea Crespi is promoted to the position of CTO with Andrea Novello promoted into role of COO in the company’s management team led by CEO Paolo Dellachà The evolution of Automobili… Continue reading AUTOMOBILI PININFARINA STRENGTHENS MANAGEMENT TEAM AND PREVIEWS NEXT CAR DESIGNED FOR DISCERNING COLLECTORS

AUTOMOBILI PININFARINA STRENGTHENS MANAGEMENT TEAM AND PREVIEWS NEXT CAR DESIGNED FOR DISCERNING COLLECTORS

Yulu launches Wynn e-2Wheeler at Rs 55,555

Bajaj Auto-backed shared electric mobility company, Yulu, has launched its first personal electric two-wheeler, the Yulu Wynn, at a limited-period introductory price of Rs 55,555. Online bookings are open for the Wynn at Rs 999 (fully refundable) while deliveries to begin from mid-May. After the introductory period, the Wynn will be available at a price of Rs… Continue reading Yulu launches Wynn e-2Wheeler at Rs 55,555

Yulu launches Wynn e-2Wheeler at Rs 55,555

AUTOMOBILI PININFARINA STRENGTHENS MANAGEMENT TEAM AND PREVIEWS NEXT CAR DESIGNED FOR DISCERNING COLLECTORS

Quadria Capital picks majority stake in Malaysian device firm Straits Orthopaedics

Healthcare-focused Asian private equity firm Quadria Capital on Friday said it has acquired a majority stake in Straits Orthopaedics, a Malaysia-based contract manufacturer of orthopedic-focused medical device solutions, from TH Su, founder of Straits Orthopaedics, and Apex Healthcare Bhd. Under the terms of the agreement, Apex Healthcare Bhd and Su have agreed to re-invest a… Continue reading Quadria Capital picks majority stake in Malaysian device firm Straits Orthopaedics