Rivian Plans to Spend $5 Billion on a Second EV Plant in Georgia

Rivian Automotive, an electric vehicle company that had an initial public offering last month, said on Thursday that it planned to spend $5 billion to build its second factory, in Georgia. The announcement, which came on the same day that Rivian said it lost $1.2 billion in the three months ending in September, was the… Continue reading Rivian Plans to Spend $5 Billion on a Second EV Plant in Georgia

@niche: MORGAN WORKS LONDON BRINGS CRAFTSMANSHIP TO THE CAPITAL001597

Die Preise und Beschreibungen sind zum Zeitpunkt der Veröffentlichung korrekt, Änderungen vorbehalten. Alle Bilder dienen lediglich Illustrationszwecken. Die tatsächlichen Details können je nach Markt variieren, Änderungen sind vorbehalten. Einige Fahrzeuge werden mit optionaler Ausstattung angezeigt, die eventuell nicht auf allen Märkten verfügbar ist. Bitte kontaktieren Sie Ihren Morgan-Händler vor Ort, um sich nach der Verfügbarkeit… Continue reading @niche: MORGAN WORKS LONDON BRINGS CRAFTSMANSHIP TO THE CAPITAL001597

Bollinger Motors Shifts From Consumer To Commercial Electric Trucks – Forbes

Robert Bollinger with the B1 electric SUV. Bollinger Motors was founded in 2014. Shown in 2017, the angular off-roader was to be delivered in 2019, then 2020. Now chairman Robert Bollinger, above, says the company will shift to the commercial vehicle, using R&D on the B1 SUV and B2 pickup. Bollinger Bollinger Motors is unplugging… Continue reading Bollinger Motors Shifts From Consumer To Commercial Electric Trucks – Forbes

Car sharing platform Turo files to go public in U.S.

Jan 10 (Reuters) – Daimler AG-backed (DAIGn.DE) car sharing marketplace Turo Inc on Monday made public its filing for a stock market flotation in the United States and disclosed its finances for the first time, revealing a 207% jump in revenue. The San Francisco-based company confidentially filed for an initial public offering in August last… Continue reading Car sharing platform Turo files to go public in U.S.

Where is Ram’s electric pickup? CEO Tavares assures it’s on its way

Stellantis, the owner of the Jeep, Ram, Chrysler and Dodge brands, has been emphasizing its plans for rolling out electric vehicles for much of its first year of existence. In fact, the company, which just unveiled an electric Chrysler Airflow Concept and pledged a fully battery-electric Chrysler portfolio by 2028, plans $35 billion (30 billion euros) in EV-related investments across… Continue reading Where is Ram’s electric pickup? CEO Tavares assures it’s on its way

REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER

Mr. Goldberg brings to REE 20 years of experience in corporate finance, mergers & acquisitions, and management consulting with progressively senior roles at Morgan Stanley, Bain & Company, Greenhill & Co. and Magna International.  In his new role as REE’s CFO, Mr. Goldberg will lead all aspects of REE’s financial functions, strategic industry partnerships and… Continue reading REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER

Rivian to Build Major Plant in Georgia

Rivian’s almost 2,000-acre parcel will include abundant natural space. Photo: Rivian Rivian will expand its manufacturing operations with a second U.S. plant in Georgia, the company announced Dec. 16. A carbon-conscious campus is planned east of Atlanta, in Morgan and Walton counties which represents a $5-billion site development and manufacturing investment, according to a Rivian… Continue reading Rivian to Build Major Plant in Georgia

LAZ Parking Announces a Long-Term Investment from Argo Infrastructure Partners

Argo is a leading infrastructure investor based in New York with a long-term investment horizon, targeting higher quality infrastructure assets and businesses. This new partnership will strengthen LAZ’s existing capabilities, contribute and sustain its strong relationships with employees and customers, and support further investment in EV charging infrastructure assets across the U.S. “We are honored… Continue reading LAZ Parking Announces a Long-Term Investment from Argo Infrastructure Partners

China’s Didi may enter Hong Kong bourse through ‘listing by introduction’

China’s ride-hailing giant Didi Global plans to use a mechanism that will allow it to list shares in Hong Kong without raising capital or issuing new stock as it seeks to delist from New York, two people with knowledge of the matter said. The plans come as Didi is moving towards withdrawing from the New York Stock Exchange under… Continue reading China’s Didi may enter Hong Kong bourse through ‘listing by introduction’

3 Important Takeaways From Nio’s Electric Car Event

TipRanks 2 Stocks J.P. Morgan Says Are Ready to Rip Higher We’ve got just a few days left this year, and the big question is, will the year end with a whimper or a bang? According to the analysts at JPM, we may be looking at least at a partial bang. Yes, we’re dealing with… Continue reading 3 Important Takeaways From Nio’s Electric Car Event