(Bloomberg) — Contemporary Amperex Technology Co. Ltd. jumped in its Hong Kong trading debut after the Chinese battery giant wrapped up the world’s biggest listing this year by raising HK$35.7 billion ($4.6 billion) despite being blacklisted by the Pentagon and grinding through geopolitical storms. Most Read from Bloomberg Shares of CATL, as the largest maker… Continue reading Tesla Supplier CATL Soars in HK Debut After World’s Top Listing This Year
Tag: GM
GM enhances loyalty program and unveils new GM Rewards™ Mastercard® from Barclays
DETROIT and WILMINGTON, Del., May 20, 2025 /PRNewswire/ — General Motors is redesigning its GM Rewards™ loyalty program and announcing the launch of the GM Rewards™ Mastercard® from Barclays US Consumer Bank. The revamped loyalty program is simpler, and the new card provides customers more ways to earn and redeem GM Rewards points across GM brands… Continue reading GM enhances loyalty program and unveils new GM Rewards™ Mastercard® from Barclays
Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale
Appointment Follows Major Strategic Milestones Including New CEO, Key Partnerships with Waymo, Lyft, NVIDIA, and Vehicle Global Management (VGM) NEW YORK, May 20, 2025 /PRNewswire/ — Nexar, a leader in AI-powered mobility solutions, today announced the appointment of Jayesh Patel as Chief Financial Officer. Patel will now oversee all aspects of finance, accounting, strategic planning,… Continue reading Nexar Names Jayesh Patel as Chief Financial Officer to Support Rapid Growth and Scale
FocalPoint announces strategic collaboration with STMicroelectronics to deliver an enhanced GNSS solution for automotive
The combination of ST’s Teseo chipsets with FocalPoint’s S-GNSS® Auto software delivers enhanced GNSS accuracy in challenging environments CAMBRIDGE, England, May 20, 2025 /PRNewswire/ — FocalPoint, a UK-based software company providing next-gen positioning solutions for automotive, wearables and smartphones, has announced a strategic collaboration with STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across… Continue reading FocalPoint announces strategic collaboration with STMicroelectronics to deliver an enhanced GNSS solution for automotive
Honda Turns Focus to Hybrids, Trims 2030 EV Target
Honda Motor Co., Ltd. said on Tuesday it will strengthen its focus on its original two-motor hybrid system as part of a global strategy realignment. The company acknowledged that its electric vehicle (EV) sales ratio in 2030 is now expected to fall below the previously announced 30% target due to a market slowdown. The company… Continue reading Honda Turns Focus to Hybrids, Trims 2030 EV Target
Clean Technica: Is BYD Touching Its Demand Ceiling at Home? — April 2025 Sales Report004025
Sign up for CleanTechnica’s Weekly Substack for Zach and Scott’s in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! I just reported on the top selling electric models in China. Now, let’s have a look at the top selling EV brands and auto groups. Looking at… Continue reading Clean Technica: Is BYD Touching Its Demand Ceiling at Home? — April 2025 Sales Report004025
@Groupe PSA: PR Xavier Chardon Appointed CEO of Citroën007725
AMSTERDAM – Xavier Chardon is appointed Chief Executive Officer of Citroën, effective June 2, 2025, reporting to Jean-Philippe Imparato, Stellantis’ Chief Operating Officer, Enlarged Europe. Xavier Chardon will continue the momentum initiated by the brand in recent months. With a strong international background and in-depth knowledge of the Citroën brand, to which he dedicated almost 20 years… Continue reading @Groupe PSA: PR Xavier Chardon Appointed CEO of Citroën007725
@FCA: Six Stellantis Executives Recognized Among 100 Leading Women in North American Auto Industry
May 19, 2025 , Auburn Hills, Mich. – Six Stellantis executives have been named among the 100 Leading Women in the North American automotive industry by Automotive News. Since its inception in 2000 and published every five years, this prestigious leadership list spotlights “those who make major decisions and have significant influence at their companies,” according… Continue reading @FCA: Six Stellantis Executives Recognized Among 100 Leading Women in North American Auto Industry
Toyota Soars, Honda and GM improve, but Nissan, Ford and Stellantis Drop in 2025 Working Relations Study
DETROIT, May 19, 2025 /PRNewswire/ — Results of the 25th annual North American Automotive OEM – Supplier Working Relations Index® (WRI®) Study that evaluates relations between US automakers and their suppliers were released today by Plante Moran. The Study shows three of the six OEMs improved overall relationships while managing unprecedented market volatility due to changing… Continue reading Toyota Soars, Honda and GM improve, but Nissan, Ford and Stellantis Drop in 2025 Working Relations Study
Tesla pulls all the demand levers with discounts and incentives as sales crash
Tesla is now pulling on all the demand levers in the US with new discounts and incentives as sales are crashing due to brand damage. Over the last few days, Tesla has introduced a series of new discounts and incentives in the US. Previously, Tesla had a program to offer a $1,000 discount for US… Continue reading Tesla pulls all the demand levers with discounts and incentives as sales crash