GLEN MILLS, Pa., Jan. 31, 2022 /PRNewswire/ — Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Highlights Net sales of $1,137.2 million increased 5.8% year-over-year; ongoing Performance Coatings growth including fifth consecutive quarter of year-over-year Industrial… Continue reading Axalta Releases Fourth Quarter and Full Year 2021 Results
Tag: Mobility
Cox Automotive launches Mobility unit aimed at carmakers, dealers, fleets
Auto dealership owners take a look at vehicles being auctioned off during an auto auction at Manheim Detroit Auto Auction in Carleton, Michigan August 14, 2013. REUTERS/Rebecca Cook Register now for FREE unlimited access to Reuters.com Register Jan 31 (Reuters) – Atlanta-based Cox Automotive, a unit of privately held Cox Enterprises (COXET.UL), has launched a… Continue reading Cox Automotive launches Mobility unit aimed at carmakers, dealers, fleets
The Station: Waymo sues to protect trade secrets, Wisk lands more Boeing capital and a chat with Toyota’s chief scientist
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. As… Continue reading The Station: Waymo sues to protect trade secrets, Wisk lands more Boeing capital and a chat with Toyota’s chief scientist
NIO Inc. Announces Completion of the Repurchase Right Offer for Its 4.50% Convertible Senior Notes due 2024
SHANGHAI, China, Jan. 31, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has completed its previously announced repurchase right offer relating to its 4.50% Convertible Senior Notes due 2024 (CUSIP No. 62914VAB2; G6525FAA0) (the… Continue reading NIO Inc. Announces Completion of the Repurchase Right Offer for Its 4.50% Convertible Senior Notes due 2024
Grab Completes Acquisition of Stake in Jaya Grocer
Grab, Southeast Asia’s leading superapp, has completed its acquisition of a majority stake in Jaya Grocer, a leading mass-premium supermarket chain in Malaysia. The two companies plan to work together to bring the convenience of on-demand grocery delivery to more consumers in Malaysia. Partnership expected to accelerate the growth of GrabMart and provide consumers with… Continue reading Grab Completes Acquisition of Stake in Jaya Grocer
Cipia Announces Driver Sense to be integrated in 2 additional car models by a leading Chinese OEM
TEL AVIV, Israel, Jan. 31, 2022 /PRNewswire/ — Cipia (TASE:CPIA), an AI computer vision in-cabin automotive solutions provider, today announced that the company was awarded two new models with a leading Chinese OEM. As part of the collaboration, Cipia’s leading Driver Sense Driver Monitoring Solution (DMS) will be integrated in the new models. The deployment… Continue reading Cipia Announces Driver Sense to be integrated in 2 additional car models by a leading Chinese OEM
Detroit-based Vehya is Creating the Electric Vehicle Workforce of the Future
DETROIT, Jan. 31, 2022 /PRNewswire/ — As electric fever hits the U.S. auto market this year, businesses and schools across the country are investing in training the workforce needed to support the electric vehicles (EV) of the future. Vehya is one startup based in Detroit, Michigan playing a big role in recruiting, training, and deploying… Continue reading Detroit-based Vehya is Creating the Electric Vehicle Workforce of the Future
Nissan teases retro styled Micra EV, solid-state batteries for Europe, €23 billion investment
Nissan plans to manufacture its all-new, all-electric successor to the compact Nissan Micra at the Renault ElectriCity center in France, where the retro-styled hatchback will serve to kick off the Renault Nissan Mitsubishi Alliance 2030 roadmap, its planned 23 billion Euro investment in EVs, and the group’s push for solid-state batteries. A year and a… Continue reading Nissan teases retro styled Micra EV, solid-state batteries for Europe, €23 billion investment
@GM: GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing
GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing 2022-01-25 2.8 million-square-foot facility in Lansing, Michigan expected to create 1,700 new manufacturing jobs Ultium Platform driving GM’s commitment to an all-electric future LANSING, Mich. – Ultium Cells, a joint venture of LG Energy Solution and General Motors,… Continue reading @GM: GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing
Shortages of lithium plaguing electric cars, batteries seen easing
The booth of Eve Energy Co Ltd is seen at the China International Hardware Show in Shanghai in June. [Photo provided to China Daily] As demand for lithium has risen sharply, Chinese battery makers have accelerated steps to acquire lithium mining operations at home and abroad. All this is a result of the explosive development… Continue reading Shortages of lithium plaguing electric cars, batteries seen easing