Des chefs d’entreprise et des dirigeants du monde entier se réunissent au palais de Hampton Court pour le sommet sur la transition durable organisé par la Sustainable Markets Initiative

Le sommet présentera l’argument économique en faveur d’une transition vers un avenir durable et marquera le cinquième anniversaire du lancement de la Sustainable Markets Initiative par Sa Majesté le Roi Charles III, alors Prince de Galles, pour mobiliser l’action du secteur privé. Les tables rondes et l’exposition Terra Carta se tiendront les 10 et 11 mars… Continue reading Des chefs d’entreprise et des dirigeants du monde entier se réunissent au palais de Hampton Court pour le sommet sur la transition durable organisé par la Sustainable Markets Initiative

Founder of battery startup Our Next Energy returns as CEO following new funding

Just over a year after being replaced as CEO of the battery startup Our Next Energy (ONE), Mujeeb Ijaz is back at the helm. Alongside this news, the company announced the close of a new funding round led by Crescent Ventures and Trousdale Ventures. ONE did not release any details about the round’s size, nor… Continue reading Founder of battery startup Our Next Energy returns as CEO following new funding

Magna price target lowered to $36.50 from $44 at CIBC

https://www.tipranks.com/news/the-fly/magna-price-target-lowered-to-36-50-from-44-at-cibc CIBC analyst Krista Friesen lowered the firm’s price target on Magna (MGA) to $36.50 from $44 and keeps a Neutral rating on the shares. The firm appreciates that the auto suppliers are trading near multi-year lows, but it views the tariffs by the U.S. as an “existential threat to the industry.” The implementation of… Continue reading Magna price target lowered to $36.50 from $44 at CIBC

Pininfarina Marks 95 Years with Two-Wheel Aerodynamics Event

Pininfarina celebrated its 95th anniversary by hosting “Design and Performance in Motion: Shaping Two-Wheel Aerodynamics” at its headquarters in Turin. The event focused on the role of aerodynamics in two-wheel mobility, showcasing the capabilities of the Pininfarina Wind Tunnel, a facility used for aerodynamic and aeroacoustic research for over 50 years. The event featured speakers… Continue reading Pininfarina Marks 95 Years with Two-Wheel Aerodynamics Event

Canoo’s CEO is buying the bankrupt EV startup’s assets

The CEO of Canoo is buying nearly all of the defunct EV startup’s assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to purchase “substantially all” of the assets for $4 million in cash. The sale will also wipe clean a more-than-$11 million debt… Continue reading Canoo’s CEO is buying the bankrupt EV startup’s assets

‘Automotive design more provocative than evocative today’: Maurizio Corbi

With edgy lines and sharp styling cues getting harmonised in modern vehicles, Italian car designer Maurizio Corbi believes automotive design is darting towards becoming more provocative than evocative in today’s digital age where social media trends are significantly influencing car designs. Moreover, just like social-media trends, most of these car designs tend to become short… Continue reading ‘Automotive design more provocative than evocative today’: Maurizio Corbi

‘Automotive design more provocative than evocative today’: Maurizio Corbi

With edgy lines and sharp styling cues getting harmonised in modern vehicles, Italian car designer Maurizio Corbi believes automotive design is darting towards becoming more provocative than evocative in today’s digital age where social media trends are significantly influencing car designs. Moreover, just like social-media trends, most of these car designs tend to become short… Continue reading ‘Automotive design more provocative than evocative today’: Maurizio Corbi

Suppliers slash spending, jobs, EV plans as they brace for middling new-vehicle sales

Major North American suppliers are reducing engineering and R&D spending and cutting thousands of jobs to support profit margins as they anticipate weak new-vehicle sales growth and electric vehicle sales uncertainty. Lear Corp., for example, cut about 15,000 jobs worldwide in 2024, a figure it expects to match in 2025. “The actions we are taking… Continue reading Suppliers slash spending, jobs, EV plans as they brace for middling new-vehicle sales