SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it proposes to offer $1.5 billion principal amount of Senior Notes due 2029 (the “notes”), subject to market conditions and other factors. The notes are being offered only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act… Continue reading Uber: Uber Announces Proposed $1.5 Billion Senior Notes Offering
Tag: Mobility
Log 9 Materials raises Rs 63 crore in Series A+ Funding led by Amara Raja Batteries
Bangalore-based advanced battery-tech start-up Log 9 Materials has raised $8.5 million (Rs 63 crore) in Series A+ Funding round, which was led by Amara Raja Batteries (ARBL). The start-up says ARBL’s investment in Log 9 Materials is a part of the ‘Energy & Mobility’ strategy announced by the Amara Raja in June, which focuses on… Continue reading Log 9 Materials raises Rs 63 crore in Series A+ Funding led by Amara Raja Batteries
Volta Charging Announces New Station Installation in Westfield, New Jersey
Founded on the premise that the electrification of mobility is likely to be a transformational shift, Volta Charging builds and operates a nationwide EV charging network that has among the best utilization per station in the EV charging industry for the United States. Centered around capturing new spending habits expected to result from the shift… Continue reading Volta Charging Announces New Station Installation in Westfield, New Jersey
Latha Chembrakalam appointed Head of Continental Technical Center India
Latha Chembrakalam: “With the current technological transformation in the industry, R&D plays a key role in ensuring the right value to the customer. I am excited to join the Continental family.” Technology company Continental has appointed Latha Chembrakalam as the new head of its in-house R&D facility – Technical Center India (TCI). Latha will be… Continue reading Latha Chembrakalam appointed Head of Continental Technical Center India
France’s Renault, China’s Geely look to set up JV to manufacture hybrid vehicles
France’s Renault SA said on Monday that it is looking to revive business in China by forming a hybrid vehicle joint venture with Geely Holding Group, a year after it ended its previous operation in the world’s largest car market. The two companies have signed a framework agreement to set up the joint venture, which would make… Continue reading France’s Renault, China’s Geely look to set up JV to manufacture hybrid vehicles
Honda launches new U-Go urban electric scooter in China
Honda is targeting speedy gains in the world’s largest electric two-wheeler market – China. The Japanese automakers, through its Chinese JV – Wuyang-Honda – founded in 1992 in association with Guangshou Motors Group Company, has launched a new electric scooter called the U-Go. It is available in two variants. Aimed at the urban commuter, the… Continue reading Honda launches new U-Go urban electric scooter in China
Veoneer to Engage in Discussions with Qualcomm
STOCKHOLM, Aug. 9, 2021 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), today announced that Veoneer’s board of directors has determined that Qualcomm’s proposal to acquire Veoneer (the “Qualcomm Proposal”) would reasonably be expected to result in a “Superior Proposal”, as defined under the terms of Veoneer’s merger agreement… Continue reading Veoneer to Engage in Discussions with Qualcomm
Autos & Transportation · August 8, 2021 · 11:52 PM UTCFrance’s Renault, China’s Geely to explore new hybrid-focused JV – sourcesFrance’s Renault SA (R…
BEIJING, Aug 9 (Reuters) – France’s Renault SA (RENA.PA) is looking to revive business in China by forming a hybrid vehicle joint venture with Geely Holding Group (GEELY.UL), sources said, a year after it ended its previous operation in the world’s largest car market. According to two people familiar with the discussions and documents seen… Continue reading Autos & Transportation · August 8, 2021 · 11:52 PM UTCFrance’s Renault, China’s Geely to explore new hybrid-focused JV – sourcesFrance’s Renault SA (R…
“A sad state of affairs”: VW Group CEO Herbert Diess calls out shortcomings of IONITY charging network
Taking a road trip in an EV is no longer a novelty, but it’s still an instructive (and hopefully, fun) thing to do, and the EV road trip story remains an online literary staple. It’s especially interesting when an exec at an automaker takes a trip in one of their company’s new EV models—and even… Continue reading “A sad state of affairs”: VW Group CEO Herbert Diess calls out shortcomings of IONITY charging network
Ride-hailing service Didi mulls giving up data control to appease China
Chinese ride-hailing firm Didi Global Inc is in talks with state-owned information security firm Westone to handle its data management and monitoring activities, sources said, as part of its efforts to placate domestic regulators. The largest Chinese ride-hailing group became the target of an investigation by regulators in the country just days after it raised… Continue reading Ride-hailing service Didi mulls giving up data control to appease China