Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that the Extraordinary General Meeting of Shareholders held today has approved the already announced conditional distribution (the “Distribution”), pursuant to a capital reduction, by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.E. (“Faurecia”)… Continue reading @Groupe PSA: PR Conditional distribution of Faurecia shares and cash approved by shareholders001337
Tag: Autonomous
@FCA: Conditional distribution of Faurecia shares and cash approved by shareholders
Conditional distribution of Faurecia shares and cash approved by shareholdersAmsterdam, March 8, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that the Extraordinary General Meeting of Shareholders held today has approved the already announced conditional distribution (the “Distribution”), pursuant to a capital reduction, by Stellantis to the holders of its… Continue reading @FCA: Conditional distribution of Faurecia shares and cash approved by shareholders
Chinese electric vehicle maker Xpeng’s fourth-quarter net loss narrows 42%
By Reuters Staff 2 Min Read Slideshow ( 2 images ) BEIJING (Reuters) – Chinese electric vehicle (EV) maker Xpeng Inc said on Monday its net loss in the fourth quarter of last year narrowed 42% from the same period in 2019, as EV sales increased in the world’s biggest car market. New York-listed Xpeng,… Continue reading Chinese electric vehicle maker Xpeng’s fourth-quarter net loss narrows 42%
German Manager Magazin: Spacs: How traditional car manufacturers can also increase their market value000629
manager magazin: Mr. Kames, Volkswagen sells around 10 million cars, generated around 10 billion euros in profit in 2020 despite the corona pandemic and is valued at 92 billion euros on the stock exchange. The Chinese electrical competitor Nio sells 44,000 cars, was on the verge of financial failure two years ago – and is… Continue reading German Manager Magazin: Spacs: How traditional car manufacturers can also increase their market value000629
Scrappy electric carmakers upend pecking order in auto industry
TOKYO — The accelerating trend to e-mobility will lead to a paradigm shift in the global car market that could radically change the landscape for the industry. Tesla has emerged as the early leader in the high-stakes electric vehicle race, topping the list of EV manufacturers. No Japanese manufacturer is among the top 10. Apple… Continue reading Scrappy electric carmakers upend pecking order in auto industry
Elon Musk says Tesla will double its Full Self-Driving software’s beta program. It comes amid news that Ford’s Mustang Mach-E is eating into Tesla’s US sales.
Tesla CEO Elon Musk on Friday said the carmaker would double a beta testing program for its self-driving software. The news comes amid reports that Ford’s electric Mustang Mach-E seems to be eating into Tesla’s lead in the electric vehicle market. On Twitter, Musk said:“If you want the Tesla Full Self-Driving Beta downloaded to your… Continue reading Elon Musk says Tesla will double its Full Self-Driving software’s beta program. It comes amid news that Ford’s Mustang Mach-E is eating into Tesla’s US sales.
Level 3 autonomy: Honda brings out the world’s first car with a traffic jam pilot
Honda is taking the next step in autonomous driving. However, these cars are only available in Japan. (Honda, technology) Go to source
Elon Musk: Tesla is doubling the size of its Full Self-Driving beta program
Elon Musk says that Tesla is doubling the size of its Full Self-Driving Beta program with an upcoming new update. Another one following it could see the size of the test fleet increase by a factor of 10. Back in October 2020, Tesla started to push a Full Self-Driving Beta release to owners in the “Early… Continue reading Elon Musk: Tesla is doubling the size of its Full Self-Driving beta program
Clean Technica: Some Thoughts On Why Tesla Is The World’s Most Shorted Stock000649
Quartz published an article recently with a headline stating that Tesla is the world’s most shorted stock — even more than GameStop, which got that well-talked-about boost from the Reddit forum Wall Street Bets in the face of bets against the video game store. The article highlighted how the Reddit group wanted to combat the… Continue reading Clean Technica: Some Thoughts On Why Tesla Is The World’s Most Shorted Stock000649
Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648
Europe’s third largest auto market, the UK, saw 13% plugin electric vehicle market share in February, up 2.3× from 5.7% a year ago. The overall auto market was down 35.5% year-on-year due to continuing lockdowns, which are currently planned to lift in mid April. Diesel powertrain sales volume fell by over 61% year-on-year and are… Continue reading Clean Technica: UK Plugin Vehicle Share Hits 13% In February, Up 2.3× Year-On-Year — Diesels Down 61%000648