(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday, raising more than it had set off to do as investors overlooked uncertainty over its path to becoming a profitable company. Lyft’s IPO sets the stage for the stock market debut of larger… Continue reading UPDATE 4-Lyft valued at $24.3 bln in first ride-hailing IPO
Tag: Contract Manufacturer
Lidar and perception startup Innoviz raises $132 million
Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132 million in a Series C funding round that includes major Chinese financial institutions. The round, which makes Innoviz one of the better capitalized lidar startups, includes China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), Shenzhen Capital Group and… Continue reading Lidar and perception startup Innoviz raises $132 million
Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts
This significant raise will support Innoviz’s commercialization of its leading InnovizPro and InnovizOne solid-state LiDAR solutions and address growing demand for cutting-edge autonomous vehicles (AV) technologies worldwide. View a live demonstration of Innoviz’s solid-state LiDAR solution in action here. The company is focusing expansion efforts in key automotive markets including the U.S., Europe, Japan and… Continue reading Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts
Decisions taken by Valmet Oyj’s Annual General Meeting and Board of Directors
Decisions taken by Valmet Oyj’s Annual General Meeting and Board of Directors Valmet Oyj’s stock exchange release on March 21, 2019 at 4:30 p.m. EET The Annual General Meeting of Valmet Oyj was held in Helsinki today on March 21, 2019. The Annual General Meeting adopted the Financial Statements for 2018 and discharged the members… Continue reading Decisions taken by Valmet Oyj’s Annual General Meeting and Board of Directors
VinFast tests its first 155 Lux cars abroad – http://en.vietnamplus.vn/
Hanoi (VNA) – The first batch of VinFast Lux cars have shipped to 14 countries in four continents for quality and safety tests. The testing process will last from now to August 2019, ensuring all VinFast products meet the high standards of Europe and the world before being sold on the market. A total of… Continue reading VinFast tests its first 155 Lux cars abroad – http://en.vietnamplus.vn/
UPDATE 3-BMW plans to cut costs after warning on profits
MUNICH (Reuters) – BMW expects group pretax profit to fall by more than 10 percent this year and plans a sweeping 12 billion euro ($13.6 billion) savings and efficiency plan to help offset higher technology investment and currency costs. The German carmaker last week reported a 7.9 percent fall in 2018 operating profit and said… Continue reading UPDATE 3-BMW plans to cut costs after warning on profits
VinFast Launches Limited Edition Lux SUV in Switzerland – Business Insider
HANOI, VIETNAM – Media OutReach – 6 March 2019 – VinFast will introduce its first luxury SUV at the Geneva Motor Show 2019 in Switzerland from March 7-17. Equipped with the powerful 6.2-litre V8 and outstanding interior and exterior upgrades, the newly-launched VinFast Lux V8 has quickly attracted the attention of international experts and media. VinFast Lux… Continue reading VinFast Launches Limited Edition Lux SUV in Switzerland – Business Insider
Directed share issue related to reward payment of Valmet’s long-term share-based incentive plan
Directed share issue related to reward payment of Valmet’s long-term share-based incentive plan Valmet Oyj’s stock exchange release on March 15, 2019 at 4:00 p.m. EET Valmet’s Board of Directors decided on December 20, 2018 on a directed share issue related to the reward payment of Valmet’s long-term share-based incentive plan for the discretionary period… Continue reading Directed share issue related to reward payment of Valmet’s long-term share-based incentive plan
VinFast Completes The First Trial Production Of Lux SUV – Viet Nam News
VIETNAM, HANOI – Media OutReach – 11 March 2019 – On March 6 in the northern city of Hải Phòng, the first VinFast Lux SA2.0 car rolled off the assembly line, marking the success of the “made in Vietnam” commercial automobile production test. The Lux SA2.0 vehicle has a beautiful design and powerful performance. It is… Continue reading VinFast Completes The First Trial Production Of Lux SUV – Viet Nam News
Rybrook buys JLR dealerships in Stoke from Pendragon
Warwick-based Rybrook Group is representing Jaguar and Land Rover in Stoke following the completion of its acquisition of the businesses from Pendragon for an undisclosed sum. The businesses is trading as Rybrook Land Rover Stoke and Rybrook Jaguar Stoke. These new additions increase the Warwick-based Group’s dealerships to 25. Rybrook already has Jaguar and Land… Continue reading Rybrook buys JLR dealerships in Stoke from Pendragon