Ceer, an EV brand operating through a joint venture between Saudi Arabia’s Public Investment Fund and Foxconn has signed a new partnership with Rimac Technology, a supplier ran by the Rimac Group. Through it, Rimac Technology will supply Ceer with high-performance, fully integrated Electric Drive Systems for its upcoming flagship range of EVs. The collaboration… Continue reading Rimac Technologies to supply Ceer with high-performance electric drive systems
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Ceer Partners with Rimac Technology for High-Performance Electric Drive Systems
Ceer is building world-class EVs as the first OEM in Saudi Arabia and the Middle East Rimac Technology is specializing in electrification technologies, including drive systems, electronics, and battery systems that will be supplying high-performance, fully integrated Electric Drive Systems for Ceer flagship models ZAGREB, Croatia, Nov. 11, 2024 /PRNewswire/ — Ceer, Saudi Arabia’s first electric vehicle… Continue reading Ceer Partners with Rimac Technology for High-Performance Electric Drive Systems
The Inner Circle acknowledges, Christine M. Schwiebert as a Pinnacle Lifetime Member
DALLAS, Nov. 11, 2024 /PRNewswire/ — Christine M. Schwiebert, a powerhouse in the medical field, is a Pinnacle Lifetime Member for her significant contributions to the field of Cardiothoracic Surgery. Schwiebert, a dedicated Physician Assistant (PA), specializes in first assisting in cardiothoracic surgery for both pediatric and adult patients, and is known for her compassionate… Continue reading The Inner Circle acknowledges, Christine M. Schwiebert as a Pinnacle Lifetime Member
The Toy Association Announces New Chief Policy Officer
NEW YORK, Nov. 11, 2024 /PRNewswire/ — The Toy Association Inc., the business trade association representing a wide array of manufacturers, retailers, licensors, and others involved in the youth entertainment industry, announced today that Kathrin Belliveau, who most recently served as EVP and Chief Purpose Officer at Hasbro, will be joining the organization in the newly… Continue reading The Toy Association Announces New Chief Policy Officer
Ceer Partners with Rimac Technology for High-Performance Electric Drive Systems
Ceer is building world-class EVs as the first OEM in Saudi Arabia and the Middle East Rimac Technology is specializing in electrification technologies, including drive systems, electronics, and battery systems that will be supplying high-performance, fully integrated Electric Drive Systems for Ceer flagship models ZAGREB, Croatia, Nov. 11, 2024 /PRNewswire/ — Ceer, Saudi Arabia’s first electric vehicle… Continue reading Ceer Partners with Rimac Technology for High-Performance Electric Drive Systems
Slow auto sales to hit growth, see pickup from next year, says Tata Autocomp
Tata Autocomp Systems, India’s leading auto component manufacturer, expects revenue growth to moderate to 10-12% in the current financial year due to a decline in auto sales, but expects demand to bounce back from the next year, according to Chairman Arvind Goel. Over the past five years, the company’s consolidated growth rate has ranged between… Continue reading Slow auto sales to hit growth, see pickup from next year, says Tata Autocomp
Richard Pzena’s Strategic Moves in Q3 2024: A Closer Look at Dollar General Corp’s Significant …
Richard Pzena (Trades, Portfolio), the founder and Co-Chief Investment Officer of Pzena Investment Management, LLC, has made notable changes to his investment portfolio in the third quarter of 2024. Since establishing his firm in 1995, Pzena has adhered to a value investing philosophy, focusing on acquiring shares of commendable businesses at low prices, typically influenced… Continue reading Richard Pzena’s Strategic Moves in Q3 2024: A Closer Look at Dollar General Corp’s Significant …
Jaguar F-Pace to be axed globally in 2026
The Jaguar F-Pace will be axed globally in early 2026, JLR CEO Adrian Mardell has confirmed, after it was pulled from sale in the UK. Jaguar no longer sells any new cars in its home market and won’t until its all-new four-door electric GT arrives in summer 2026. “We’ve reviewed all of the Jaguar nameplates,” said Mardell.… Continue reading Jaguar F-Pace to be axed globally in 2026
Serve Robotics Announces Third Quarter 2024 Results
Announced plans for geographic expansion into the Dallas Fort Worth metro Completed $32.3 million in capital raise transactions; Cash balance of $50.9 million as of third quarter end Announced agreement to acquire Vebu and its pioneering avocado-processing robot, Autocado SAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ — Serve Robotics Inc. (the “Company” or “Serve”) (Nasdaq: SERV),… Continue reading Serve Robotics Announces Third Quarter 2024 Results
Magna International Launches Share Buyback Program
https://www.tipranks.com/news/company-announcements/magna-international-launches-share-buyback-program Magna International (TSE:MG) has released an update. Magna International has announced a new Normal Course Issuer Bid allowing the company to repurchase up to 10% of its public float, or 28.5 million shares, by November 2025. This move, approved by the Toronto Stock Exchange, aims to purchase shares for cancellation and support stock-based compensation… Continue reading Magna International Launches Share Buyback Program