Company’s Scrap Metal Inventories are Estimated to Surpass $6 Million in Current Market Value, Ideally Positioned to Capitalize on Rising Metal Prices Amid Anticipated Tariff Increases Domestic Scrap Steel Prices Up Significantly This Week, Forecasted to Keep Climbing Exclusive Operational Licenses and Contracts with Suppliers Create Significant Barriers to Entry CHESAPEAKE, Va., Feb. 7, 2025… Continue reading Greenwave Technology Solutions, Inc.’s Scrap Metal Inventories Estimated to Surpass $6 Million as Prices Surge, Poised for Further Gains
Tag: M and A
Converge Technology Solutions to be Acquired by H.I.G. Capital
Key Highlights: H.I.G. Capital to acquire Converge in an all-cash transaction, providing immediate liquidity to shareholders while establishing a strategic partner for Converge to execute its long-term growth strategy. Shareholders will receive C$5.50 per share in cash, representing approximately 56% and 57% respective premiums to the closing price and 30-day volume weighted average price of… Continue reading Converge Technology Solutions to be Acquired by H.I.G. Capital
Cellid Raises $13 Million to Advance AR Glasses Display Development
Advancing Adoption through Enhanced Mass Production and Accelerated Product Launches TOKYO, Feb. 7, 2025 /PRNewswire/ — Cellid Inc., a developer of AR glasses displays and spatial recognition engines for next-generation devices, today announced that it has raised a total of USD 13 million (JPY 2 billion) through a private placement with Development Bank of Japan… Continue reading Cellid Raises $13 Million to Advance AR Glasses Display Development
Nissan Motor looks for new partners as Honda merger talks set to collapse: Report
Nissan Motor is looking for a new partner as it looks to end merger talks with Honda Motor Co., sources in the know told Bloomberg. The Japan-based carmaker is scouting for a US partner ideally from tech sector, the sources told Bloomberg on condition of anonymity. North America is Nissan’s most important market and a larger… Continue reading Nissan Motor looks for new partners as Honda merger talks set to collapse: Report
Port of Long Beach to deploy InductEV wireless EV chargers for electric cargo handling equipment
Wireless EV charging specialist InductEV will deploy its high-power inductive chargers in partnership with port terminal operator International Transportation Service, (ITS) at the Port of Long Beach. ITS recently secured a $3.3-million grant from the California Energy Commission for project, titled Hands-free Charging for Battery Electric Cargo Handling Equipment, that will demonstrate charging technology solutions… Continue reading Port of Long Beach to deploy InductEV wireless EV chargers for electric cargo handling equipment
Ziegler Energy Solutions and Kempower partner to offer EV charging solutions
Ziegler Energy Solutions, a manufacturer of EV charging and microgrid equipment, has announced that it has become a Kempower Certified Partner. “This certification and partnership enables ZES to deliver advanced electric vehicle fast-charging solutions tailored to meet the needs of commercial fleet services and charging infrastructure projects,” the company said, adding that the partnership will… Continue reading Ziegler Energy Solutions and Kempower partner to offer EV charging solutions
Q4 and Year-end Report 2024 Sweco AB (publ)
STOCKHOLM, Feb. 7, 2025 /PRNewswire/ — Sweco’s (NASDAQ: SWEC-B) fourth quarter and year-end report for 2024 concluded a successful year for Sweco marked by several financial milestones: In 2024, net sales surpassed SEK 30 billion, EBITA exceeded SEK 3 billion, and Sweco reported a full year double-digit margin. Net sales increased 8 per cent and… Continue reading Q4 and Year-end Report 2024 Sweco AB (publ)
India needs 3.9 million EV charging stations by 2030, USD 450 million invested so far: Report
Standardisation and interoperability are highlighted as key factors for EV adoption. India’s electric vehicle (EV) charging market has attracted over USD 450 million in investments, primarily in public charging networks and battery-swapping models, according to the report “Charging Ahead II” released by GameChanger Law Advisors and Speciale Invest. Despite the growth, the country faces a… Continue reading India needs 3.9 million EV charging stations by 2030, USD 450 million invested so far: Report
Bringing Content Creation In-House with Cutting-Edge Virtual Studio
February 7, 2025 Bringing Content Creation In-House with Cutting-Edge Virtual Studio Open share list Share this content. In today’s fast-evolving digital landscape, technology continues to redefine how businesses engage with their audiences. To stay ahead, companies are embracing innovative content creation methods that deliver immersive, high-quality experiences, capturing attention and driving deeper engagement. LG has… Continue reading Bringing Content Creation In-House with Cutting-Edge Virtual Studio
Motherson Forms Joint Ventures with Japan’s Sanko for Sustainable Packaging Solutions
Samvardhana Motherson International Limited announced two joint ventures with Japan’s Sanko Co. Ltd. on February 7, 2025, to develop sustainable packaging solutions for India and Europe. The partnerships will operate through subsidiaries in India and Hungary. Motherson’s subsidiary SMGCL will hold 51% stake in the India venture, while SMRC Automotive Holdings Netherlands will control 51%… Continue reading Motherson Forms Joint Ventures with Japan’s Sanko for Sustainable Packaging Solutions