Nidec Decides Terms of Senior Unsecured Bonds Denominated in Euro (Green Bond)

KYOTO, Japan, March 19, 2021 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company”) today announced the plan to issue senior unsecured bonds denominated in Euro (Green Bond*1) (the “Bonds”) in the overseas securities markets in order to raise funds for the production of traction motors for electric vehicles (EVs). This issuance… Continue reading Nidec Decides Terms of Senior Unsecured Bonds Denominated in Euro (Green Bond)

Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others

TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only… Continue reading Autonomous driving startup Momenta raises $500 mln from SAIC, Toyota, others

Luminar Misses On Sales After Lidar Developer, Top Chinese Automaker Reach Deal

TipRanks Analysts Say ‘Buy the Dip’ in These 3 Stocks Smart stock investing shouldn’t be emotional, but investors are only human, after all, making it difficult to follow a rational trading strategy. Investors should remember the advice of Warren Buffett: “We simply attempt to be fearful when others are greedy and to be greedy only… Continue reading Luminar Misses On Sales After Lidar Developer, Top Chinese Automaker Reach Deal

@niche: Mullen Set to Rock ’n’ Roll in Memphis000645

820,000-square-foot facility will create up to 800 jobs and become the primary U.S. manufacturing base for Mullen Automotive.  BREA, Calif., March 18, 2021 – via InvestorWire – Mullen Technologies Inc. (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element, Inc. (NASDAQ: NETE) in… Continue reading @niche: Mullen Set to Rock ’n’ Roll in Memphis000645

GM to move hundreds of salaried workers in Southeast Michigan locations

General Motors is shifting hundreds of salaried workers among its southeast Michigan locations and declaring where some new hires will work as it prepares to bring its remote workforce back to the office starting this summer. The location shifts, GM leaders say, will improve collaboration among teams. “The moves also reflect adapting to post-pandemic workplaces where the future will be more… Continue reading GM to move hundreds of salaried workers in Southeast Michigan locations

Successful fiscal year 2020 Well positioned for energy systems of the future

A clear path for the future: the electrification of heating Electrical applications are increasingly gaining in importance as a technology path in the heating and air conditioning sector, as they use and convert energy particularly efficiently. That is why Bosch Thermotechnology had announced in 2019 that it would invest EUR 100 million in the expansion… Continue reading Successful fiscal year 2020 Well positioned for energy systems of the future

@VW Group: Ducati proves to be a solid and profitable company with a positive cash flow even in a complex year like 2020002655

Ducati closes a challenging 2020 reinforcing the solidity that the Italian motorcycle manufacturer has demonstrated in the last years. Despite the complex global situation and the seven-week halt in production right at the peak period of the season, 48,042 (2019: 53,183) motorcycles were delivered to customers all over the world, limiting the sales gap compared… Continue reading @VW Group: Ducati proves to be a solid and profitable company with a positive cash flow even in a complex year like 2020002655

@VW Group: Audi Report: annual and sustainability report now combined002653

For the 2020 fiscal year, AUDI AG is publishing its first combined annual and sustainability report. The company is convinced that business success is inextricably linked with assuming social and ecological responsibility. To document its performance in a transparent manner, as of this year Audi is combining its financial reporting with reporting on sustainable corporate… Continue reading @VW Group: Audi Report: annual and sustainability report now combined002653

Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO

By Nadine Schimroszik, Douglas Busvine 3 Min Read BERLIN (Reuters) – German air taxi startup Volocopter plans to raise fresh funds from investors, its Chief Executive Florian Reuter said on Thursday, adding that a deal to go public via a special purpose acquisition company (SPAC) was one option. FILE PHOTO: A Volocopter air taxi performs… Continue reading Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO

EV frenzy over Volkswagen shares draws regulator’s attention

By Danilo Masoni 2 Min Read (Reuters) – An outsized rally in Volkswagen shares has drawn the attention of Germany’s top market watchdog as heavy volume trading spurred by the carmaker’ electric vehicle ambitions set the stock for one of its best weeks ever. Slideshow ( 2 images ) Shares in Volkswagen rose as much… Continue reading EV frenzy over Volkswagen shares draws regulator’s attention