Fisker invests in EV charging network Allego’s SPAC merger

Less than a year after its own SPAC merger, electric vehicle startup Fisker has turned investor to support EV charging company Allego. Fisker is investing $10 million in private-investment-in-public equity (PIPE) funding for the merger of Allego and special purpose acquisition company Spartan Acquisition Corp III. The merger, announced Tuesday, puts Allego at a pro… Continue reading Fisker invests in EV charging network Allego’s SPAC merger

@VW Group: Porsche SE invests in rocket technology start-up Isar Aerospace003567

Stuttgart, 28 July 2021. Porsche Automobil Holding SE (“Porsche SE”), Stuttgart, acquires a low single-digit percentage stake in Isar Aerospace Technologies GmbH (“Isar Aerospace”), Ottobrunn, Munich. The company develops and manufactures launch vehicles for the transport of satellites. The investment was part of a new financing round of Isar Aerospace. Lutz Meschke member of the board… Continue reading @VW Group: Porsche SE invests in rocket technology start-up Isar Aerospace003567

@VW Group: Consortium of Volkswagen Group, Attestor Limited and Pon Holdings B.V. to launch takeover offer for Europcar003567

The Volkswagen Group is taking a major step forward in its NEW AUTO strategy to become a leading provider of individual mobility in the electric and fully connected age. In a consortium with London-based asset manager Attestor Limited and Dutch mobility provider Pon Holdings B.V., Volkswagen agreed to launch a recommended takeover offer for Europcar… Continue reading @VW Group: Consortium of Volkswagen Group, Attestor Limited and Pon Holdings B.V. to launch takeover offer for Europcar003567

@VW Group: A Global, Professional Dealer Network for a Unique Customer Experience003567

Every model is unique. Featuring a tailored configuration, each is assembled by hand. Bugatti hyper sports cars are the ultimate in luxury, design, and technology. Bugatti’s potential and existing customers are currently exclusively managed by 34 dealerships and their brand managers, located in sales regions around the world. It’s a full-time job, and one which… Continue reading @VW Group: A Global, Professional Dealer Network for a Unique Customer Experience003567

@VW Group: Maximum safety: ŠKODA electric vehicles just as safe as models with internal combustion engines003567

Modern electric cars protect their passengers in the event of an accident just as effectively and comprehensively as vehicles with internal combustion engines. This is also proven by the ŠKODA ENYAQ iV, which recently achieved the highest score of five stars in the Euro NCAP test, continuing the series of top results for ŠKODA vehicles. In… Continue reading @VW Group: Maximum safety: ŠKODA electric vehicles just as safe as models with internal combustion engines003567

This Is Italy’s Latest Carbon-Fiber Track Toy – CarBuzz

ATS Corsa reveals hardcore RR Turbo Serie Carbonio. If you want a dual-purpose sports car that is road legal but also a joy to drive on the track, you aren’t short of options. Gems like the Honda Civic Type R, Mazda MX-5 Miata, and Porsche 718 Cayman GT4 are all great examples to suit different… Continue reading This Is Italy’s Latest Carbon-Fiber Track Toy – CarBuzz

Scania Interim Report January-June 2021

SÖDERTÄLJE, Sweden, July 28, 2021 /PRNewswire/ — The recovery has continued during the second quarter of 2021 and both order intake and deliveries rose sharply compared to the previous year. Summary of the first six months of 2021   Net sales increased by 28 percent to SEK 74,776 m. (58,469) Operating income increased by 246 percent… Continue reading Scania Interim Report January-June 2021

Michael Lohscheller appointed CEO of VinFast Global

In his new role, Michael Lohscheller will lead VinFast’s operations in its current markets of Vietnam, the US, Canada, France, Germany and the Netherlands, with a clear goal of growing the business focusing on North America and Europe. New Delhi: Vietnam’s largest conglomerate Vingroup, announced on Tuesday that it has appointed Michael Lohscheller as the… Continue reading Michael Lohscheller appointed CEO of VinFast Global

Onto raises $175 million in Series B to expand EV subscription service in the UK

Onto has raised $175 million in a combined equity and debt Series B round, capital the U.K.-based electric vehicle subscription startup plans to use to expand within the country as well as move into new markets.  This latest round brings Onto’s total funding to $245 million. Swedish VC Alfvén & Didrikson is leading the round… Continue reading Onto raises $175 million in Series B to expand EV subscription service in the UK