EV startup Fisker (FSR) is pausing EV production for six weeks as its financial struggles worsen. Fisker looks to get its finances in order after failing to make an interest payment. The EV maker did get a commitment for up to $150 million in financing, but will it be enough? Fisker is halting production as… Continue reading Fisker (FSR) stock falls after failing to make an interest payment, pauses EV production
Tag: Nissan
UAW says VW workers at Tennessee plant file for union election
A Volkswagen EV ID.4 crossover at the Volkswagen of America plant in Chattanooga, Tennessee, on June 8, 2022. Michael Wayland | CNBC DETROIT — Volkswagen workers at a plant in Tennessee have filed a petition with the National Labor Relations Board for a vote to join the United Auto Workers, the union announced Monday. The… Continue reading UAW says VW workers at Tennessee plant file for union election
German Manager Magazine: Electric car: Fisker doesn’t pay interest and stops production003180
The cash-strapped US electric car industryStartup Fisker stops production of its Ocean model. Production at contract manufacturer Magna in Austria will be interrupted for six weeks, the company announced on Monday. Fisker previously owed $8.4 million in interest on convertible notes. The company said it deliberately decided to default in order to gain time for… Continue reading German Manager Magazine: Electric car: Fisker doesn’t pay interest and stops production003180
German Manager Magazine: Volkswagen: UAW boss Shawn Fain wants to know again at VW003180
The US auto union UAW has a good chance of conducting collective bargaining for employees at the US Volkswagen plant in Chattanooga (Tennessee) in the future. Around 70 percent of the employees at the plant have spoken out in a petition to the National Labor Relations Board in favor of union representation at their plant,… Continue reading German Manager Magazine: Volkswagen: UAW boss Shawn Fain wants to know again at VW003180
Japan Insurance Market size to grow by USD 54.7 billion from 2022 to 2027, Market is concentrated due to the presence of prominent companies like Allianz SE, Asahi Mutual Life Insurance Co., Dai Ichi Life Holdings Inc. and others
NEW YORK, March 18, 2024 /PRNewswire/ — The Japan – Insurance Market is estimated to increase by USD 54.7 billion, accelerating at a CAGR of 3.12%, during the forecast period. The insurance market in Japan is concentrated owing to the presence of many global and regional companies. The prominent companies that offer insurance market in Japan are Allianz… Continue reading Japan Insurance Market size to grow by USD 54.7 billion from 2022 to 2027, Market is concentrated due to the presence of prominent companies like Allianz SE, Asahi Mutual Life Insurance Co., Dai Ichi Life Holdings Inc. and others
Mexico Data Center Market Growth Analysis Report 2024-2029: Investment Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards
DUBLIN, March 18, 2024 /PRNewswire/ — The “Mexico Data Center Market – Investment Analysis & Growth Opportunities 2024-2029” report has been added to ResearchAndMarkets.com’s offering. The Mexico data center market is expected to reach a value of $1.319 billion by 2029 from $804 million in 2023, growing at a CAGR of 8.60% from 2023-2029 This report analyses the… Continue reading Mexico Data Center Market Growth Analysis Report 2024-2029: Investment Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards
Fisker Ocean production stops for six weeks as funding talks continue
Fisher is pausing production of the Ocean SUV for six weeks as it looks to secure crucial financial backing, amid doubts over its ability to continue operating. The move comes as the EV firm announces some $150 million in funding from an existing investor, who remains nameless. The money will be provided in the form… Continue reading Fisker Ocean production stops for six weeks as funding talks continue
Passenger Information System Market worth $52.6 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, March 14, 2024 /PRNewswire/ — To provide real-time, easily accessible, and seamless travel experiences, the Passenger Information System (PIS) Market will need to integrate sophisticated technologies, support multimodal connection, and improve personalisation. The evolution of PIS will be shaped by integration with smart infrastructure, data-driven insights, and an emphasis on sustainability, with a priority… Continue reading Passenger Information System Market worth $52.6 billion by 2028 – Exclusive Report by MarketsandMarkets™
Global Heating Equipment Market Report 2024-2033: Vaillant Group Surges with 75% Growth, Mitsubishi Electric Introduces Eco-Friendly Solution, Rheem Revolutionizes Water Heaters for Sustainable Heating
DUBLIN, March 18, 2024 /PRNewswire/ — The “Global Heating Equipment Market: Focus on Application, Product Type, Fuel Type, and Country-Level Analysis – Analysis and Forecast, 2023-2033” report has been added to ResearchAndMarkets.com’s offering. The global heating equipment market is projected to reach $206.5 billion by 2033 from $110.9 billion in 2023, growing at a CAGR of… Continue reading Global Heating Equipment Market Report 2024-2033: Vaillant Group Surges with 75% Growth, Mitsubishi Electric Introduces Eco-Friendly Solution, Rheem Revolutionizes Water Heaters for Sustainable Heating
Passenger Information System Market worth $52.6 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, March 14, 2024 /PRNewswire/ — To provide real-time, easily accessible, and seamless travel experiences, the Passenger Information System (PIS) Market will need to integrate sophisticated technologies, support multimodal connection, and improve personalisation. The evolution of PIS will be shaped by integration with smart infrastructure, data-driven insights, and an emphasis on sustainability, with a priority… Continue reading Passenger Information System Market worth $52.6 billion by 2028 – Exclusive Report by MarketsandMarkets™