Hecate Grid Secures $125 Million Letter of Credit Facility Package with MUFG

Financing advances Hecate Grid’s U.S. energy storage pipeline CHICAGO, June 18, 2024 /PRNewswire/ — Hecate Grid, a joint venture between an InfraRed Capital Partners managed fund (“InfraRed”) and Hecate Energy, today announced the recent close of a 4-year $125 million Letter of Credit (“LC”) facility with Mitsubishi UFJ Financial Group (“MUFG”). The facility will be… Continue reading Hecate Grid Secures $125 Million Letter of Credit Facility Package with MUFG

EV Maker Fisker Files for Bankruptcy

Fisker filed for Chapter 11 bankruptcy protection late on Monday, ending months of speculation over the future of the company. Now the EV maker is looking to sell its assets and restructure its debt after pausing production of its sole car model back in March. To anyone familiar with the Ocean all-electric SUV, news of… Continue reading EV Maker Fisker Files for Bankruptcy

The time has come: Fisker has filed for bankruptcy

After many signals suggesting that it would happen, Fisker has officially filed for bankruptcy. The chapter 11 filing came late Monday night in Delaware, where Fisker is incorporated. Soon after, Fisker posted a statement on its website. In the statement, Fisker blamed “market and macroeconomic headwinds that have impacted our ability to operate efficiently.” It… Continue reading The time has come: Fisker has filed for bankruptcy

Synthetic Yarn Market worth $300.5 Billion by 2029 – Exclusive Report by MarketsandMarkets™

Browse in-depth TOC on “Synthetic Yarn Market” 202 – Tables63 – Figures251 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=234897557 Filament yarn type accounted for the largest market share in 2023, in terms of value. In 2023, Filament yarn type dominated the global synthetic yarn market, in terms of value. The high market share and growth of filament… Continue reading Synthetic Yarn Market worth $300.5 Billion by 2029 – Exclusive Report by MarketsandMarkets™

@Renault: Renault Group: “À la Dacia”: a unique business model which drives high margins and returns000622

Press ReleaseJune 17, 2024     “À la Dacia”: a unique business modelwhich drives high margins and returns Boulogne-Billancourt, June 17, 2024 Renault Group organizes an analyst & investor field trip in Romania dedicated to Dacia on June 17th and 18th, the opportunity for Luca de Meo, CEO of Renault Group, and the Dacia management… Continue reading @Renault: Renault Group: “À la Dacia”: a unique business model which drives high margins and returns000622

Electric Vehicle (EV) Transmission System Market size is set to grow by USD 52.59 billionn from 2024-2028, Increasing demand for bevs boost the market, Technavio

NEW YORK, June 17, 2024 /PRNewswire/ — The global electric vehicle (EV) transmission system market size is estimated to grow by USD 52.59 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 36.38%  during the forecast period. Increasing demand for bevs is driving market growth, with a trend towards increase in popularity of E-axle… Continue reading Electric Vehicle (EV) Transmission System Market size is set to grow by USD 52.59 billionn from 2024-2028, Increasing demand for bevs boost the market, Technavio

Honda and Mitsubishi Corp. to reuse EV batteries in electric grid

TOKYO — Honda Motor and Mitsubishi Corp. will establish a new company in July that will give a second life to used electric vehicle batteries in Japan, thus reducing the cost of driving an EV. The joint venture, Altna, aims to develop new services in anticipation of the broader use of EVs. According to a… Continue reading Honda and Mitsubishi Corp. to reuse EV batteries in electric grid

Honda, Nissan to be added to Nikkei 225 High Dividend Yield 50 Index

TOKYO — Nikkei will add Honda Motor, Nissan Motor and seven other shares to the constituents of the Nikkei 225 High Dividend Yield Stock 50 Index on June 28 as part of periodic review, the index provider said on Friday. Hitachi Construction Machinery, Casio Computer and Astellas Pharma are also among the new additions. Mitsui… Continue reading Honda, Nissan to be added to Nikkei 225 High Dividend Yield 50 Index

Renault Group: Implementation of the share buyback programme

Press ReleaseJune 14, 2024     Implementation of the share buyback programme Boulogne-Billancourt, June 14, 2024 As part of the implementation of its share buyback programme, Renault Group has entrusted an investment services provider with a mandate to purchase a maximum number of 900,000 Renault shares, depending on market conditions, over a period running from… Continue reading Renault Group: Implementation of the share buyback programme

Renault Group: Mise en œuvre du programme de rachat d’actions

Communiqué de presse 14 juin 2024     Mise en œuvre du programme de rachat d’actions Boulogne-Billancourt, le 14 juin 2024 Dans le cadre de la mise en œuvre de son programme de rachat d’actions, Renault Group a confié à un prestataire de services d’investissement (PSI) un mandat portant sur l’acquisition d’un nombre maximum de… Continue reading Renault Group: Mise en œuvre du programme de rachat d’actions