By Reuters Staff 2 Min Read Nov 30 (Reuters) – U.S. based Factorial Energy said on Tuesday it had entered into agreements with Daimler AG owned Mercedes-Benz and Stellantis NV, in a bid to commercialize its battery technology. Under the partnerships, both Daimler and Stellantis will make a strategic investment in the solid-state battery maker,… Continue reading Battery maker Factorial Energy enters investment deal with Daimler, Stellantis
Tag: Mobility
Carwiz Adds Three New Partnerships
Paul Gallen, managing director of Fourth Tier Solutions Ltd, and Krešimir Dobrilović, CEO of Carwiz International Ltd, shake hands following the announcement of the new partnership. Photo courtesy of Carwiz. Two months after the launch of its U.S. Affiliate Program, Carwiz announced three new vendor partnerships on Nov. 22 involving car rental software and rate management. The European-based… Continue reading Carwiz Adds Three New Partnerships
Faurecia Aptoide Brings INRIX ParkMe to Millions of Vehicles Worldwide
Faurecia Aptoide’s solution offers carmakers and their customers a secure, connected, and upgradeable App Store managed through an intuitive HMI and covering a range of needs and use cases, including navigation, fuel, and parking information; music, video, and audiobook streaming; and gaming, weather, and point-of-interest recommendations. OEMs can select the apps to offer based on… Continue reading Faurecia Aptoide Brings INRIX ParkMe to Millions of Vehicles Worldwide
India’s Ola looks to raise over $500m debt from US investors
Bengaluru-based ride hailing and electric vehicle maker Ola is looking to raise over $500 million in debt from US investors in a so-called Term Loan B (TLB) deal, joining technology peers Oyo and Byju’s that have previously tapped this market to raise debt, said two people aware of the development. Investment banks JP Morgan and… Continue reading India’s Ola looks to raise over $500m debt from US investors
14:54 ETDana Incorporated to Participate in Credit Suisse’s 9th Annual Industrials ConferenceDana Incorporated (NYSE: DAN) announced today it will par…
MAUMEE, Ohio, Nov. 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in Credit Suisse’s 9th Annual Industrials Conference on Dec. 1, 2021. Beginning at 12:10 p.m. EST, Dana’s Executive Vice President and Chief Financial Officer Jonathan Collins will participate in a fireside chat for approximately 30 minutes. Information on accessing the… Continue reading 14:54 ETDana Incorporated to Participate in Credit Suisse’s 9th Annual Industrials ConferenceDana Incorporated (NYSE: DAN) announced today it will par…
07:00 ETDana TM4 to Establish New Electrodynamics Facility in Åmål, SwedenDana Incorporated (NYSE: DAN) announced today that its Dana TM4 joint ventur…
MAUMEE, Ohio, Nov. 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its Dana TM4 joint venture is establishing a new manufacturing facility in Åmål, Sweden that will initially produce electric motors for the mobility industry. This $50 million fully sustainable operation has received $10.7 million in support from the Swedish business development… Continue reading 07:00 ETDana TM4 to Establish New Electrodynamics Facility in Åmål, SwedenDana Incorporated (NYSE: DAN) announced today that its Dana TM4 joint ventur…
@GM: Buick Introduces New VELITE 6 EV with Extended Range
Buick Introduces New VELITE 6 EV with Extended Range Can travel up to 518 km on a single charge 2021-11-25 SHANGHAI – Buick today introduced the new VELITE 6 EV featuring an increased range of 518 km on a single charge under China Light-Duty Vehicle Test Cycle (CLTC) conditions. Available with a new dynamic design as… Continue reading @GM: Buick Introduces New VELITE 6 EV with Extended Range
@Groupe PSA: PR Stellantis Signs Lithium Supply Agreement with Vulcan Energy002862
AMSTERDAM – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) and Vulcan Energy Resources Ltd. (ASX: VUL) announced today the signing of a binding agreement (“Agreement”) for Vulcan to supply battery grade lithium hydroxide in Europe for use in electrified vehicles to the Stellantis Group. The five-year agreement calls for shipments to begin… Continue reading @Groupe PSA: PR Stellantis Signs Lithium Supply Agreement with Vulcan Energy002862
Dana TM4 to Establish New Electrodynamics Facility in Åmål, Sweden
– Company breaks ground on highly automated e-Manufacturing site – Investment supports Dana’s commitment to a sustainable future – Project receives $10.7 million in business development grants – Dana extends more than 100-year history of operating in Sweden MAUMEE, Ohio, Nov. 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its Dana TM4… Continue reading Dana TM4 to Establish New Electrodynamics Facility in Åmål, Sweden
Nissan lays out $17.6 billion plan to electrify its future
Nissan is the latest automaker to announce a plan to spend gobs of money on an ambitious electrification strategy. The company said it will spend 2 trillion yen (around $17.6 billion) over the next five years to accelerate the roll-out of electric vehicles. And to emphasize that point, Nissan unveiled a pack of delightful EV… Continue reading Nissan lays out $17.6 billion plan to electrify its future