Magna annonce une offre de billets de premier rang

AURORA, Ontario, 17 juin 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui avoir conclu une convention de prise ferme prévoyant l’émission pour un capital total de 750 millions USD de ses billets non garantis de premier rang conformément à une déclaration d’enregistrement effective préalablement déposée auprès de la Securities and Exchange… Continue reading Magna annonce une offre de billets de premier rang

Tesla signs three-year pricing deal with battery cell maker Panasonic

FILE PHOTO: The company logo is pictured on a Tesla Model X electric car in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch (Reuters) – Tesla Inc (TSLA.O) has signed a three-year pricing deal with Japan’s Panasonic Corp (6752.T) relating to the manufacture and supply of lithium-ion battery cells at the Gigafactory in Nevada, the electric… Continue reading Tesla signs three-year pricing deal with battery cell maker Panasonic

2021 Ineos Grenadier spy shots – Motor Authority

A rugged, utilitarian off-roader being developed by British chemicals giant Ineos has been spotted for the first time. It’s called the Grenadier, and it’s due to enter production in 2021 at a plant under construction in Bridgend, Wales. The site is only 30 minutes drive from where Aston Martin has built its new St Athan… Continue reading 2021 Ineos Grenadier spy shots – Motor Authority

Forsee Power dreams of seeing electric buses becoming widespread in France

France, land of industrialization of the electric vehicle? Christophe Gurtner, CEO of Forsee Power, is delighted with the speeches hammered in recent weeks by public authorities. His company, created in 2011, specializes in the design and manufacture of battery systems for light vehicles (2 or 3 wheels), and for heavy vehicles (especially buses). And the… Continue reading Forsee Power dreams of seeing electric buses becoming widespread in France

UPDATE 1-Vietnam’s VinFast to launch first electric car in 2021 – Reuters

* Company plans to target U.S. market with electric model * Electric model to debut at LA Auto Show in Nov. 2020 * VinFast a unit of Vingroup, Vietnam’s largest conglomerate * Batteries to use cells from South Korea’s LG Chem (Updates with company statement and details) By Khanh Vu HANOI, May 28 (Reuters) –… Continue reading UPDATE 1-Vietnam’s VinFast to launch first electric car in 2021 – Reuters

Flop of BlueIndy car-share reflects broader ride-hailing challenges

The electric-car sharing future has got the blues. BlueIndy, a pioneering car-sharing service in Indianapolis that launched in 2014, quietly closed last month. Beset by losses, the decision to pull the plug on BlueIndy’s electric cars came before the global coronavirus pandemic – and as other similar services have also shut their doors. BlueIndy, an electric-car sharing… Continue reading Flop of BlueIndy car-share reflects broader ride-hailing challenges

Magna Announces Senior Notes Offering

AURORA, Ontario, June 08, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:  MG; NYSE:  MGA) today announced that it has entered into an underwriting agreement providing for the issuance of U.S.$750 million aggregate principal amount of its senior unsecured notes pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission… Continue reading Magna Announces Senior Notes Offering

Valmet Automotive: our car plant is CO2 neutral by the end of 2021

Valmet Automotive sets a highly ambitious goal for the Uusikaupunki, Finland car plant to be CO2 neutral by the end of 2021. The goal is part of the Valmet Automotive Group’s Sustainability Action Plan, with which the company aims to be one of the leaders of the automotive industry in sustainability indicators. The CO2 neutrality… Continue reading Valmet Automotive: our car plant is CO2 neutral by the end of 2021

The Station: Cruise cuts, Waymo snags more cash and a VC Mobility survey – TechCrunch

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi and welcome back to The Station. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. If you’re interested in all the future and present ways people… Continue reading The Station: Cruise cuts, Waymo snags more cash and a VC Mobility survey – TechCrunch

@Groupe PSA: Groupe PSA and Punch Powertrain Expand Strategic Partnership in Electrification

Agreement to establish second Joint Venture New Joint Venture to design, manufacture and supply state of the art components and sub-systems for the future generation of the electrified transmission (e-DCT[1]) e-DCT will equip Groupe PSA’s mild hybrid electric (MHEV) and plug-in hybrid electric (PHEV) vehicles and carmakers globally Groupe PSA and Punch Powertrain have signed… Continue reading @Groupe PSA: Groupe PSA and Punch Powertrain Expand Strategic Partnership in Electrification