The deal between Canoo and Hyundai to build electric vehicles appears to be dead, as the California EV startup is moving away from trying to sell its electric vehicle technology to other automakers. Canoo chairman Tony Aquila shared the news Monday during an icy investor call — Canoo’s first as a publicly-traded company. Canoo’s CEO… Continue reading Canoo’s deal with Hyundai appears dead
Tag: Strategy
@BMW: MINI Plant Oxford and Imperial take another step towards sustainability with new fleet of LNG lorries.001016
A new fleet of lorries powered by liquefied natural gas (LNG) is helping to drive sustainable logistics at MINI Plant Oxford. 18 LNG lorries from Imperial have now hit the road, transporting parts and components from suppliers on 15 different routes across the UK to the home of the MINI brand.LNG lorries have lower fuel… Continue reading @BMW: MINI Plant Oxford and Imperial take another step towards sustainability with new fleet of LNG lorries.001016
Canoo Adds Key Leadership To Accelerate Growth
DALLAS, March 29, 2021 /PRNewswire/ — Canoo Inc. (Nasdaq: GOEV), a Los Angeles-based mobility technology company developing breakthrough purpose built electric vehicles (EVs) with a proprietary and highly versatile multi-purpose platform architecture, has expanded its key leadership as it advances to commercialization. “I am excited to announce a seasoned executive team that has built successful… Continue reading Canoo Adds Key Leadership To Accelerate Growth
UK’s Cazoo will list on the NYSE by way of a SPAC, valuing it at $7B and raising $1.6B
Cazoo, the UK used-car sales portal that has been on a major fundraising tear in the last year, will be next company to pursue more growth by way of a SPAC: the company today announced that it will list on the NYSE by way of a business combination with AJAX I, a special purpose acquisition… Continue reading UK’s Cazoo will list on the NYSE by way of a SPAC, valuing it at $7B and raising $1.6B
@VW Group: BENTLEY CELEBRATES MANUFACTURING MILESTONE OF 200,000th LUXURY CAR Mar 26, 2021 Bentle…002719
200,000th Bentley since the birth of the marque in 1919, commemorated at the home of company in Crewe Over 75 per cent of 101 years of production hand-built at Crewe factory in last 18 years Landmark vehicle is appropriately a Bentayga Hybrid – signalling Bentley’s shift to electrification To mark the occasion, the oldest Bentley… Continue reading @VW Group: BENTLEY CELEBRATES MANUFACTURING MILESTONE OF 200,000th LUXURY CAR Mar 26, 2021 Bentle…002719
@VW Group: This month marks a major milestone in Volkswagen’s story: the arrival of the ID.4002722
This month marks a major milestone in Volkswagen’s story: the arrival of the ID.4, the company’s first long-range electric SUV in dealers across America. Just as electric vehicles will transform the way we drive, Volkswagen has refreshed the way it sells vehicles to embrace a more sustainable future. From before it leaves the factory to… Continue reading @VW Group: This month marks a major milestone in Volkswagen’s story: the arrival of the ID.4002722
Production of the batteries for the Mercedes EQS, the Star’s anti-Tesla, has started in Hedelfingen
1 ‘of reading Mercedes-Benz has started the production of batteries for the Eqs in the Stuttgart-Hedelfingen (Germany) plant in view of the world premiere of the electric sedan scheduled for next April 15. An important step in the electrification strategy The EQS will mark the beginning of a new generation of high-performance electric vehicles with… Continue reading Production of the batteries for the Mercedes EQS, the Star’s anti-Tesla, has started in Hedelfingen
Raül Blanco, Secretary General for Industry: “The car must be in the center. Without automotive, there is no ecological transition “
March 26, 2021 Posted by: Jorge Platero Category: Faconauto News The representative of the Government has participated in the conference organized by El Economista to analyze the evolution of the automotive sector. At a time when the automotive sector needs more support than ever, the Government has conveyed its support to the industry. It has… Continue reading Raül Blanco, Secretary General for Industry: “The car must be in the center. Without automotive, there is no ecological transition “
@Groupe PSA: PR Georg Magel Named CFO of Opel/Vauxhall001443
Rüsselsheim. Georg Magel, who currently holds the position of Director Financial Planning & Analysis, has been named CFO of Opel/Vauxhall with effect from April 1. He succeeds Frédéric Brunet, who held this position since August 2018. Brunet has been named CFO for Stellantis Enlarged Europe Region.“I am very much looking forward to the further, even closer… Continue reading @Groupe PSA: PR Georg Magel Named CFO of Opel/Vauxhall001443
Tata-Mistry case: Supreme Court rules in favour of Tata Group, junks appeals of Cyrus Mistry camp
Cyrus Mistry (left) had succeeded Ratan Tata as chairman of Tata Sons in 2012 but was ousted four years later. The Supreme Court today pronounced its long-awaited verdict in the Tata-Mistry case, one of corporate India’s bitterest-ever boardroom brawls, ruling in favour of Tata Group and junking appeals by Cyrus Investments. The verdict was pronounced… Continue reading Tata-Mistry case: Supreme Court rules in favour of Tata Group, junks appeals of Cyrus Mistry camp