Broadstone Acquisition Corp. Expects to Close Business Combination with Vertical Aerospace on December 16, 2021

– Broadstone Acquisition Corp. and Vertical Aerospace expect to complete their business combination, subject to Broadstone shareholder approval and the satisfaction or waiver of other closing conditions – Extraordinary general meeting of Broadstone shareholders to be held on December 14, 2021, at 10:00 AM, New York time – Gross proceeds of at least $300 million… Continue reading Broadstone Acquisition Corp. Expects to Close Business Combination with Vertical Aerospace on December 16, 2021

LiveWire to Become the First Publicly Traded EV Motorcycle Company in the U.S. Through Merger with AEA-Bridges Impact Corp.

MILWAUKEE and NEW YORK and LONDON, Dec. 13, 2021 /PRNewswire/ — Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE: HOG), the world’s most desirable motorcycle company, and AEA-Bridges Impact Corp. (“ABIC”) (NYSE: IMPX), a special purpose acquisition company with a dedicated sustainability focus, sponsored by executives of AEA Investors and Bridges Fund Management, today announced that they have entered into a definitive… Continue reading LiveWire to Become the First Publicly Traded EV Motorcycle Company in the U.S. Through Merger with AEA-Bridges Impact Corp.

US electric vehicle charging network strategy being released

The effort also is intended to help the U.S. leapfrog China in the plug-in EV market. Currently, the U.S. market share of plug-in electric vehicle sales is one-third the size of the Chinese EV market. WASHINGTON: The Biden administration is set to release a federal strategy Monday to implement an ambitious plan to build 500,000… Continue reading US electric vehicle charging network strategy being released

CCM Hockey To Merge With Jackson Ultima And Atom – SGB Media

Sport Maska Inc., the Montreal-based owner of the CCM Hockey brand, announced the acquisition of Tournament Sports Marketing, Inc., the owner of the Jackson Ultima and Atom brands. Headquartered in Cambridge, Ontario, Tournament Sports Marketing makes figure skating boots, blades and skates through its Jackson Ultima brand. Tournament Sports Marketing also makes roller and in-line… Continue reading CCM Hockey To Merge With Jackson Ultima And Atom – SGB Media

Lancia to mimic Mercedes in pursuit of a future inside Stellantis

A Lancia logo is seen at a showroom of a dealership in Merignac, near Bordeaux, France, April 8, 2019. REUTERS/Regis Duvignau Register now for FREE unlimited access to reuters.com Register Brand to launch 3 electrified new models through 2028 Relaunch plan includes expansion through Europe Lancia aims at high portion of recycled materials Brand to… Continue reading Lancia to mimic Mercedes in pursuit of a future inside Stellantis

Chinese EV battery maker SVOLT scores $943m in its third big fundraising this year …

SVOLT Energy Technology, an electric vehicle (EV) battery maker and storage solutions provider, has raised 6 billion yuan ($942.8 million) in its third big-ticket fundraising of 2021. The latest round is yet another sign of the heightened interest in China’s rapidly growing EV infrastructure sector. The new investment, an extended Series B round, followed the… Continue reading Chinese EV battery maker SVOLT scores $943m in its third big fundraising this year …

@Daimler: Daimler welcomes commitment by long-term partner BAIC

BAIC announced holding stake in Daimler of 9.98% since 2019 Daimler holds a 9.55% stake in BAIC’s Hong Kong listed unit BAIC Motor Cross-shareholdings reflect commitment to continue joint success story in China Daimler welcomes long-term strategic shareholders especially during its EV and digital transformation Stuttgart (Germany) – Daimler AG’s long-term shareholder and partner in… Continue reading @Daimler: Daimler welcomes commitment by long-term partner BAIC

@Daimler: 13. Dec 2021Daimler welcomes commitment by long-term partner BAIC

December 13, 2021 – Daimler AG’s long-term shareholder and partner in China, Beijing Automotive Group Co Ltd (BAIC), announced that it has been holding an increased stake in Daimler of 9.98 percent since 2019. This underlines the successful partnership to continue long-term success for Mercedes-Benz in China. Daimler owns a 9.55 percent stake in BAIC’s… Continue reading @Daimler: 13. Dec 2021Daimler welcomes commitment by long-term partner BAIC

Skoda begins rolling out new Kodiaq from Aurangabad plant

Gurpratap Boparai, MD, Skoda Auto Volkswagen India and Zac Hollis, Brand Director, Skoda Auto India with the new Kodiaq Skoda Auto today announced the start of production for the new Kodiaq SUV at its manufacturing facility in Aurangabad, Maharashtra. First introduced to India and the world in 2017, the Kodiaq’s sales success has fuelled newer… Continue reading Skoda begins rolling out new Kodiaq from Aurangabad plant

Cargolux selects IBS Software’s iCargo solution as next generation Cargo Management System

The iCargo implementation will enable Cargolux to further deliver and improve services and streamline customer experience. iCargo’s air cargo ecosystem will allow the airline to realize improved efficiencies through lean business processes. With APIs providing enhanced rich data sharing, Cargolux will facilitate improved co-ordination with partners and deliver a superior experience to customers. “Cargolux is… Continue reading Cargolux selects IBS Software’s iCargo solution as next generation Cargo Management System