(Reuters) — Electric vehicle maker Tesla on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. The company also said Oracle co-founder Larry Ellison, a friend of Tesla Chief Executive Officer Elon Musk, will not stand for re-election to Tesla’s board when his term ends… Continue reading Tesla to seek investor approval for 3-for-1 stock split
Tag: Strategy
Inside Yasa: how a British firm is revolutionising electric cars
For the next couple of Yasa generations, believes Woolmer, the company’s technology will provide a strategic advantage for Mercedes and friends, but eventually (“perhaps by 2040”) it will spread wider. Ultimately, axial-flux technology should be commoditised, he says, but not yet. As for Yasa’s awesome technical progress, Woolmer says that it has reached its fourth… Continue reading Inside Yasa: how a British firm is revolutionising electric cars
German Handelsblatt: Auto industry: BMW wants to bring China Mini to the US market004475
Der BMW-Konzern prüft eine Ausweitung seiner Autoexporte aus China. Nach Informationen des Handelsblatts aus Konzernkreisen könnte der gemeinsam mit Great Wall geplante elektrische Mini auch auf den US-Markt exportiert werden. Bislang sollten die in China gebauten Autos vornehmlich in China verkauft werden.Mit dem Export von China in die USA könnte das Projekt aber deutlich umfangreicher… Continue reading German Handelsblatt: Auto industry: BMW wants to bring China Mini to the US market004475
World NM: Russia and Turkmenistan will develop cooperation using potential of EAEU – declaration001771
MOSCOW, June 10. /TASS/. Russia and Turkmenistan need to develop economic cooperation using the potential of the Eurasian Economic Union (EAEU), says a joint declaration by the countries’ leaders, Vladimir Putin and Serdar Berdimuhamedov, signed at their talks in Moscow on Friday. “The parties expressed their intention to intensify trade and economic cooperation using the… Continue reading World NM: Russia and Turkmenistan will develop cooperation using potential of EAEU – declaration001771
Truck Bedliners Market Size to Grow by USD 1.13 Billion | Dominant Players Include Carlisle Companies Inc., DualLiner LLC, and Fabick Inc. Among Others | Technavio
NEW YORK, June 10, 2022 /PRNewswire/ — The latest report titled Truck Bedliners Market by Type and Geography – Forecast and Analysis 2022-2026 is recently added to Technavio’s catalog. The report identifies the market to witness a potential growth difference of USD 1.13 billion from 2021 to 2026. The analysts also predict the truck bedliners market… Continue reading Truck Bedliners Market Size to Grow by USD 1.13 Billion | Dominant Players Include Carlisle Companies Inc., DualLiner LLC, and Fabick Inc. Among Others | Technavio
Renault Group acquires garage finder start-up Fixter
Renault Group has acquired start-up Fixter, a digital platform that connects retail and professional customers to local garages for vehicle maintenance across all brands. This acquisition is part of the digitalisation of the group’s after-sales business unit. In the independent after-sales market, Fixter will benefit from the support of the multi-brand network of “Motrio” garages… Continue reading Renault Group acquires garage finder start-up Fixter
NaaS Technology Inc. Announces Completion of Merger and New Board and Management
BEIJING, June 10, 2022 /PRNewswire/ — NaaS Technology Inc. (NASDAQ: NAAS) (the “Company”), one of the largest and fastest-growing electric vehicle charging service providers in China, today announced the successful completion of the transaction previously announced on February 8, 2022 between RISE Education Cayman Ltd (“RISE”), the Company’s predecessor, and Dada Auto Inc. (“NaaS”) (the “Transaction”).… Continue reading NaaS Technology Inc. Announces Completion of Merger and New Board and Management
@VW Group: NEW AUTO goes TikTok: Volkswagen Group debuts on video platform for digital natives005207
Starting now, Volkswagen’s transformation into a tech company will be accompanied by a TikTok channel called “newauto” – the name of the Group’s strategy. This is the Volkswagen Group’s first appearance on the trendy video platform. Creative and entertaining videos on the channel explain the historic transformation towards the mobility world of the future, which… Continue reading @VW Group: NEW AUTO goes TikTok: Volkswagen Group debuts on video platform for digital natives005207
InCharge’s latest project includes 30 electric trucks, 16 fast chargers and a renewable energy microgrid
Quality Custom Distribution operates a truck fleet that serves thousands of restaurants in Southern California. The company has partnered with Scale Microgrid Solutions and InCharge Energy to electrify its fleet. This $20-million electrification project includes the purchase of 30 Volvo VNR Electric trucks (the company has ordered a total of 45), plus 16 chargers and… Continue reading InCharge’s latest project includes 30 electric trucks, 16 fast chargers and a renewable energy microgrid
@Toyota: Toyota Mobility Foundation Supports May Mobility to Bring Autonomous Shuttle Service to Hoosier Residents
Creating a thriving mobility ecosystem requires teamwork and efficient collaboration. That’s why the Toyota Mobility Foundation worked with May Mobility — a leader in autonomous vehicle technology development and deployment — for its Together in Motion Indiana initiative to help get people where they need to go easily and sustainably. Two six-month pilot programs were… Continue reading @Toyota: Toyota Mobility Foundation Supports May Mobility to Bring Autonomous Shuttle Service to Hoosier Residents