Japan signed a critical minerals deal with the U.S. — but it’s still losing the global EV race

Sony Honda Mobility CEO Yasuhide Mizuno speaks at a news conference in Tokyo, on Oct. 13, 2022. Sony and Honda’s joint mobility venture unveiled a new EV prototype in January. Kiyoshi Ota | Bloomberg | Getty Images Japan is gearing up to be a larger player in the EV space by signing a critical minerals… Continue reading Japan signed a critical minerals deal with the U.S. — but it’s still losing the global EV race

Canadian group AAG makes £465m offer for Lookers

A Canadian dealer group Alpha Auto Group through a bidding vehicle Bidco has tabled a £465m bid for dealer group Lookers. AAG describes itself as a leading operator and consolidator of car dealerships with 15 large scale new vehicle dealerships across Canada and the United States. It is one of the largest auto retailers based… Continue reading Canadian group AAG makes £465m offer for Lookers

Saudi Arabia’s strategic plans to safeguard food security for pilgrims

MECCA, Saudi Arabia, June 19, 2023 /PRNewswire/ — Saudi Arabia has successfully managed to achieve an excellent status in the framework of realizing self-sufficiency for several necessary food products before taking up the task of securing food for millions of visiting pilgrims coming from different countries of the world. According to the head of catering… Continue reading Saudi Arabia’s strategic plans to safeguard food security for pilgrims

Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly

Major aerospace supplier will scale its rate-enabling manufacturing processes for Advanced Air Mobility industry PARIS, June 19, 2023 /PRNewswire/ — Supernal LLC (the Company) and Qarbon Aerospace, Inc. announced today a partnership to mature component welding techniques for future scaled production of electric vertical takeoff and landing (eVTOL) vehicles. This marks the first of two agreements… Continue reading Supernal and Qarbon Aerospace Partner on Future Scaled eVTOL Component Assembly

@VW Group: Lars Korinth appointed Head of Investor Relations in the Volkswagen Group007422

Lars Korinth will become the new Head of Investor Relations in the Volkswagen Group from autumn 2023 onwards. In this role, he succeeds Julian Krell, who is leaving the company at his own request on June 30, 2023. Korinth already knows the company from his time as Senior Investor Relations Manager at Volkswagen and most… Continue reading @VW Group: Lars Korinth appointed Head of Investor Relations in the Volkswagen Group007422

Avalon Completes Purchase of Industrial Site in Thunder Bay as Key Next Step in Becoming Ontario’s First Vertically Integrated Lithium Producer

TORONTO, June 19, 2023 /PRNewswire/ – As part of its strategic transformation to become a vertically integrated lithium producer, Avalon Advanced Materials Inc. (TSX: AVL) and (OTCQB: AVLNF) (“Avalon” or the “Company”) is pleased to announce the successful acquisition of an industrial… Go to Source

America’s Group expands national footprint with acquisition of DAA Las Vegas

CARMEL, Ind. , June 20, 2023 /PRNewswire/ — America’s Group (the “Company”), a leading nationwide vehicle auction and remarketing company, announced today that it has acquired DAA Las Vegas, a full-service auction provider. With the addition of DAA Las Vegas, America’s Group now operates 38 auctions in 19 states, including digital and mobile sales platforms. DAA… Continue reading America’s Group expands national footprint with acquisition of DAA Las Vegas

Trident Maritime Systems Acquires Assets of Custom Alloy Corporation

ARLINGTON, Va., June 20, 2023 /PRNewswire/ — Trident Maritime Systems (“Trident”), a leading maritime systems and solutions provider and portfolio company of investment affiliates of J.F. Lehman & Company (“JFLCO”), announced today that it has acquired the assets of Custom Alloy Corporation (“CAC”) through one of its subsidiaries.  CAC is a leading, vertically integrated provider… Continue reading Trident Maritime Systems Acquires Assets of Custom Alloy Corporation

Trident Maritime Systems Acquires Assets of Custom Alloy Corporation

ARLINGTON, Va., June 20, 2023 /PRNewswire/ — Trident Maritime Systems (“Trident”), a leading maritime systems and solutions provider and portfolio company of investment affiliates of J.F. Lehman & Company (“JFLCO”), announced today that it has acquired the assets of Custom Alloy Corporation (“CAC”) through one of its subsidiaries.  CAC is a leading, vertically integrated provider… Continue reading Trident Maritime Systems Acquires Assets of Custom Alloy Corporation