LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced a financing commitment from an existing investor providing up to $150 million of gross proceeds. The financing is being provided by the holder of the company’s 2025-dated convertible notes and will be… Continue reading @Fisker: Fisker Announces Receipt of Financing Commitment of Up to $150 Million and Provides Business Update000219
Tag: Magna
Magna annonce le placement de billets de premier rang
AURORA, Ontario, 18 mars 2024 (GLOBE NEWSWIRE) — Magna International, Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui avoir conclu un accord de prise ferme concernant le placement de billets de premier rang non garantis d’un montant total de 400 millions de dollars américains, à échéance 2029 (les « Billets »). Les Billets porteront intérêt à un taux annuel de 5,050 %… Continue reading Magna annonce le placement de billets de premier rang
Magna kündigt die Emission vorrangiger Schuldverschreibungen an
AURORA, Ontario, March 18, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) gab heute den Abschluss eines Übernahmevertrags für die Emission von vorrangigen unbesicherten Schuldverschreibungen mit einem Gesamtnennbetrag von 400 Millionen US-Dollar und Fälligkeit im Jahr 2029 (die „Schuldverschreibungen“) bekannt. Die Schuldverschreibungen werden mit einem jährlichen Zinssatz von 5,050 % verzinst und haben… Continue reading Magna kündigt die Emission vorrangiger Schuldverschreibungen an
Fisker Ocean production stops for six weeks as funding talks continue
Fisher is pausing production of the Ocean SUV for six weeks as it looks to secure crucial financial backing, amid doubts over its ability to continue operating. The move comes as the EV firm announces some $150 million in funding from an existing investor, who remains nameless. The money will be provided in the form… Continue reading Fisker Ocean production stops for six weeks as funding talks continue
Automotive Advanced Driver Assistance System (ADAS) Market size to grow by USD 25.67 billion from 2022 to 2027, market is fragmented due to the presence of prominent companies like Aisin Corp., Autoliv Inc. & BorgWarner Inc., and many more, Technavio
NEW YORK, March 14, 2024 /PRNewswire/ — The automotive advanced driver assistance system (ADAS) market is estimated to grow by USD 25.67 billion from 2022 to 2027, growing at a CAGR of 9.3%. The automotive advanced driver assistance system (ADAS) market is fragmented owing to the presence of many global and regional companies. A few prominent companies… Continue reading Automotive Advanced Driver Assistance System (ADAS) Market size to grow by USD 25.67 billion from 2022 to 2027, market is fragmented due to the presence of prominent companies like Aisin Corp., Autoliv Inc. & BorgWarner Inc., and many more, Technavio
Accelera fuel cells power locomotive in Austrian project HY2RAIL
COLUMBUS, Ind.–(BUSINESS WIRE)–Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. (NYSE: CMI), has reached a significant milestone by successfully commissioning its first fuel-cell-powered locomotive for freight rail applications. Replacing typical diesel generators, Accelera fuel cells now serve as the primary power unit in the conversion project of a light On Track Machine (OTM)… Continue reading Accelera fuel cells power locomotive in Austrian project HY2RAIL
Dr. Rick “The RokDok” Brand: A Memoir of Resilience and Reinvention, from The Bronx to Rock Stardom and Beyond
NEW YORK, March 12, 2024 /PRNewswire/ — The remarkable life of Dr. Rick “The RokDok” Brand, a man whose existence was nearly ended before it began alongside the dawn of the atomic age, is a tale of defiance, redemption, and profound transformation. Today, Dr. Brand unveils his gripping memoir, charting a course from being left… Continue reading Dr. Rick “The RokDok” Brand: A Memoir of Resilience and Reinvention, from The Bronx to Rock Stardom and Beyond
Valeo partners GM, Magna and Wipro in software market platform SDVerse
Valeo has joined SDVerse founders GM, Magna and Wipro and other launch partners to bring software developers and mobility players together in a matchmaking platform aimed at transparency and interoperability. The group will bring its innovative software solutions to the newly announced platform later this year. In addition to the founding members, an exclusive ‘Launch… Continue reading Valeo partners GM, Magna and Wipro in software market platform SDVerse
German Manager Magazine: Ford: Indefinite strike by suppliers paralyzes production in Saarlouis003159
The strike by employees of several companies in the supplier park that began on Friday ford in Saarlouis is already having an impact on production at the Ford plant: “Production has stopped since this morning,” said the US car manufacturer’s spokeswoman in Cologne. This is related to the strike: “The system is such that we… Continue reading German Manager Magazine: Ford: Indefinite strike by suppliers paralyzes production in Saarlouis003159
@Fisker: Saydulu Kolasani Joins Fisker as Senior Vice President, Enterprise, Digital Operations and Transformation000218
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that Saydulu Kolasani has joined Fisker as SVP, Enterprise, Digital Operations and Transformation. Kolasani will oversee Fisker’s technology infrastructure, cybersecurity, digital platforms, enterprise systems, architecture, data, and operations, including Product Management, Program… Continue reading @Fisker: Saydulu Kolasani Joins Fisker as Senior Vice President, Enterprise, Digital Operations and Transformation000218