Rivian Automotive Inc., the maker of electric pickups backed by Amazon.com Inc., has filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter. The Irvine, California-based startup said in a statement Friday that it submitted its S-1 registration to the Securities and Exchange Commission,… Continue reading EV startup Rivian files for IPO, seeks about $80 billion valuation
Tag: Mitsubishi
Nissan to launch new all-electric minicar in Japan
Nissan Motor Co has announced that it plans to start sales of an all-new, all-electric mini-vehicle in Japan in early FY2022. The EV is part of a joint project with Mitsubishi Motors Corporation and is being planned and developed by NMKV Co. NMKV is a 50/50 joint venture between the two companies engaged in product… Continue reading Nissan to launch new all-electric minicar in Japan
@Renault: Board of management000277
About us Renault Group is at the forefront of a mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, the Group comprises 5 complementary brands – Renault, Dacia, LADA, Alpine and Mobilize – offering sustainable and innovative mobility solutions to its customers. Discover the… Continue reading @Renault: Board of management000277
Electric Power Steering Market worth $32.2 billion by 2026 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 25, 2021 /PRNewswire/ — According to the new market research report “Electric Power Steering Market By Component, Type (Ceps, Peps, Reps), Mechanism (Collapsible, Rigid), Motor Type, Application, Off-Highway (Construction, Agricultural), EV (BEV, PHEV, HEV), EV Gear Type, And Region”, published by MarketsandMarkets™, the global Electric Power Steering Market is projected to grow at a… Continue reading Electric Power Steering Market worth $32.2 billion by 2026 – Exclusive Report by MarketsandMarkets™
Upstream Security Raises $62M in Series C Financing Round
HERZLIYA, Israel, Aug. 24, 2021 /PRNewswire/ — Upstream Security, the leader in automotive cybersecurity and data analytics for connected vehicles, announced today it successfully closed a $62 million investment as part of round C funding, thereby completing a total of $105 million investment since its founding. This latest investment, which was led by Mitsui Sumitomo Insurance… Continue reading Upstream Security Raises $62M in Series C Financing Round
The Great Reboot · 7:58 AM UTCDelta blow knocks wind out of Asia’s economic recoveryAsia’s robust economic recovery from last year’s coronavirus low i…
General view inside the Pondok Indah shopping mall as the Indonesian capital reopens its shopping malls with a new policy requiring shoppers to show a coronavirus disease (COVID-19) vaccination certificate, in Jakarta, Indonesia, August 13, 2021. REUTERS/Ajeng Dinar Ulfiana Delta variant, slow vaccination catch much of region off-guard Asia q/q profit likely 1st fall in… Continue reading The Great Reboot · 7:58 AM UTCDelta blow knocks wind out of Asia’s economic recoveryAsia’s robust economic recovery from last year’s coronavirus low i…
Asia Pacific Bus Markets, Competition, Forecast & Opportunities, 2026
DUBLIN, Aug. 23, 2021 /PRNewswire/ — The “Asia Pacific Bus Market, By Length Type (Less than 8m, Between 8m–10m, Between 10m–12m, Greater than 12m), By Fuel Type (Diesel, Petrol/Gasoline, Gas, Electric, Hybrid), By Seating Capacity, By Body Type, By Application, By Country, Competition, Forecast & Opportunities, 2026″ report has been added to ResearchAndMarkets.com’s offering. The… Continue reading Asia Pacific Bus Markets, Competition, Forecast & Opportunities, 2026
@Daimler: FUSO distributor donates 126 Canter trucks to Vietnam’s Covid-19 vaccination campaign
Stuttgart / Tokyo – Daimler Trucks’ subsidiary FUSO, one of Asia’s leading commercial vehicle manufacturers, announces that the Truong Hai Auto Corporation (THACO), general distributor of FUSO products in Vietnam, has donated 126 Canter trucks to the national vaccination drive in the battle against the Covid-19 pandemic. In response to government calls for private sector… Continue reading @Daimler: FUSO distributor donates 126 Canter trucks to Vietnam’s Covid-19 vaccination campaign
ASEAN auto parts hub buckles under virus outbreaks
SINGAPORE/HANOI — Coronavirus outbreaks tearing through Southeast Asia have triggered a wave of production cuts at automotive suppliers, with the ripple effect shutting down assembly plants far beyond the region. Swiss chipmaker STMicroelectronics was informed this month that a factory in the southern Malaysian state of Johor would have to suspend operations. More than 200 workers have… Continue reading ASEAN auto parts hub buckles under virus outbreaks
Ex-Nissan exec Greg Kelly awaiting verdict in Japan: ‘We were trying to solve a business problem’ – Tennessean
Nearly three years later, former Nissan executive Greg Kelly is still wondering why the questions that led to his arrest and trial in Japan weren’t simply taken up in the automaker’s corporate boardroom. Kelly, an American lawyer who worked for three decades for Nissan Motor Co., is awaiting a verdict in his trial on charges… Continue reading Ex-Nissan exec Greg Kelly awaiting verdict in Japan: ‘We were trying to solve a business problem’ – Tennessean