CHENGDU, China, Nov. 3, 2021 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a new cooperation agreement (the “Agreement”) with Guizhou Zhongxuan Online Ride-hailing Operation Group Ltd. (“Zhongxuan”),… Continue reading Senmiao Technology Announces Signing of Cooperation Agreement with Guizhou Zhongxuan Online Ride-hailing Operation Group Ltd.
Tag: Mobility
BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner has secured a contract with a major OEM to supply high voltage inverters for battery electric vehicle (BEV) platforms including a variety of passenger cars and trucks. The business award marks the company’s largest major silicon carbide based (SiC) inverter win and the first silicon carbide based… Continue reading BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM
Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock
ESTERO, Fla., Nov. 3, 2021 /PRNewswire/ — Hertz Global Holdings, Inc. (OTCPK:HTZZ) (“Hertz” or the “Company”) announced today that it has launched a public offering of its common stock by certain stockholders of Hertz. The selling stockholders are offering 37,100,000 shares of Hertz common stock, of which Hertz intends to repurchase from the underwriters shares having… Continue reading Hertz Announces Launch of Public Offering of Common Stock by Selling Stockholders and Repurchase of Common Stock
BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ — BorgWarner will be providing a new, high-voltage silicon carbide (SiC) inverter to a large German automaker for implementation in its next-generation electric vehicles. The BorgWarner 800V SiC inverter with proprietary power switches provides a more compact and efficient power module, resulting in higher electric vehicle range and enhanced driving… Continue reading BorgWarner to Provide New Silicon Carbide Inverter for German OEM’s Electric Vehicles
@BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2021001561
A very warm welcome to all of you! The BMW Group is profitable and the company is growing. This is thanks to our customers around the world as well as the strong demand for our diverse range of products and drivetrain technologies. We delivered 1.9 million BMW, MINI and Rolls-Royce vehicles to customers in the… Continue reading @BMW: Statement Oliver Zipse, Chairman of the Board of Management of BMW AG, Conference Call Quarterly Statement to 30 September 2021001561
@BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2021001560
Good Morning, Ladies and Gentlemen. The BMW Group’s positive business development in the first nine months of the year confirms our strategic course. Throughout the semiconductor crisis, our employees have delivered outstanding performance, month after month. That is how we were able to raise our expected targets for the year again in September. All segments… Continue reading @BMW: Statement Dr Nicolas Peter, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2021001560
@BMW: BMW Group Quarterly Statement to 30 September 2021001559
Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed Nov 03 07:32:14 CET 2021 Press Release Top BMW Group Quarterly Statement to 30 September 2021 Attached please find the Quarterly Statement to 30 September 2021 for download. The telephone conferences for journalists and… Continue reading @BMW: BMW Group Quarterly Statement to 30 September 2021001559
@BMW: BMW Group boosts performance with significantly higher earnings001558
Munich. The BMW Group continued to demonstrate its high level of profitability in the period from July to September 2021, with revenues, profit before tax and net profit all at record levels for a third quarter. The Group’s strong performance during this period was driven in particular by favourable product mix factors and positive pricing… Continue reading @BMW: BMW Group boosts performance with significantly higher earnings001558
Samsung SDI recorded all-time high quarterly earnings in the third quarter… “Demand for high-performance electric vehicle batteries increases”
Samsung SDI achieved an all-time record high in the third quarter due to demand for high-performance electric vehicle batteries. Samsung SDI announced on the 2nd that it recorded KRW 3.4398 trillion in sales and KRW 373.5 billion in operating profit in the third quarter. Sales increased by 11.4% compared to the same period last year, and… Continue reading Samsung SDI recorded all-time high quarterly earnings in the third quarter… “Demand for high-performance electric vehicle batteries increases”
Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…
BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Q3 net profit 2.58 bln euros vs forecast 2.38 bln Q3 deliveries fell 12.2%, but revenues up 4.5% Q3 autos EBIT margin 7.8% BERLIN, Nov 3 (Reuters) – Higher prices and strong electric vehicle sales helped… Continue reading Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…