Detroit — The U.S. Securities and Exchange Commission is denying allegations that it is violating Elon Musk’s free speech rights by trying to enforce a 2018 securities fraud settlement. The commission, in an appeals brief filed late Thursday, said Musk, the chief executive of Tesla, waived his First Amendment rights by agreeing to the settlement… Continue reading SEC says it’s not violating Elon Musk’s right to free speech
Tag: Strategy
@Groupe PSA: PR Stellantis plans to acquire stake in Symbio, a Faurecia Michelin hydrogen company and leader in fuel cell technologies for mobility industry004914
Faurecia, a company of the Group FORVIA, Michelin and Stellantis announced starting today exclusive negotiations for Stellantis to acquire a substantial stake in Symbio, a leader in zero-emission hydrogen mobility, to become a significant player along with existing shareholders Faurecia and Michelin. “Symbio’s technical roadmap perfectly matches with Stellantis’ hydrogen roll-out plans in Europe and… Continue reading @Groupe PSA: PR Stellantis plans to acquire stake in Symbio, a Faurecia Michelin hydrogen company and leader in fuel cell technologies for mobility industry004914
XCMG Boosts Global Distribution Network with New Hungary Deal
XUZHOU, China, Dec. 23, 2022 /PRNewswire/ — XCMG (SHE: 000425), one of the world’s largest construction machinery manufacturers, has expanded its global distribution network by signing an agreement with PJ Machine Trade Hungary to provide local customers with equipment sales, rental and after-sales services including earth moving equipment, foundation equipment, mining equipment, and other construction equipment.… Continue reading XCMG Boosts Global Distribution Network with New Hungary Deal
Aptiv Completes the Acquisition of Wind River from TPG
Accelerates the digital transformation of mission-critical industries Enables the software-defined future of mobility DUBLIN, Dec. 23, 2022 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, has completed the acquisition of Wind River®, a global leader in delivering software for the intelligent edge. Wind River… Continue reading Aptiv Completes the Acquisition of Wind River from TPG
Global Shared Mobility Market Report to 2031 – Featuring Autocrypt, BlaBlaCar, Bolt Technology OU and EasyMile Among Others
DUBLIN, Dec. 23, 2022 /PRNewswire/ — The “Shared Mobility Market By Service Model, By Vehicle Type, By Vehicle Propulsion, By Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering. According to the report the shared mobility market was valued at $435.20 billion in 2021, and is estimated to… Continue reading Global Shared Mobility Market Report to 2031 – Featuring Autocrypt, BlaBlaCar, Bolt Technology OU and EasyMile Among Others
MingZhu to Deploy 700 Hydrogen Fuel Cell Vehicles
MingZhu Logistics Reaches Major Next Gen Fuel Transport Cooperation Agreement SHENZHEN, China, Dec. 23, 2022 /PRNewswire/ — MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the “MingZhu” or “Company”) announced a major next gen fuel transport cooperation, under which it will deploy 700 new generation hydrogen fuel cell vehicles. On December 21, 2022, Mingzhu entered into a Letter… Continue reading MingZhu to Deploy 700 Hydrogen Fuel Cell Vehicles
Saera Electric inks contract production deal with mobility solutions provider ETO Motors
SAERA with its world-class manufacturing facility is joining hands with ETO as a manufacturing partner and also collaborating with ETO on the battery solutions for vehicle brands beyond ETO. New Delhi: Saera Electric Auto Private Limited (SEAPL), a leading player in the electric vehicle (EV) industry in India, has entered into a contract manufacturing agreement… Continue reading Saera Electric inks contract production deal with mobility solutions provider ETO Motors
Eve Holding, Inc. Reports Third Quarter 2022 Results
MELBOURNE, Fla., Dec. 23, 2022 /PRNewswire/ — Eve Holding, Inc. (“Eve”) (NYSE: EVEX and EVEXW) reports its third quarter 2022 earnings results. Financial highlights Eve reported a net loss of $36.7 million in 3Q22 versus $3.8 million in 3Q21 driven by higher Research & Development (R&D) expenses and Selling, General & Administrative (SG&A) costs as… Continue reading Eve Holding, Inc. Reports Third Quarter 2022 Results
Eve Announces BNDES approval of $92.5 million line of credit to support eVTOL development program
Brazil’s National Development Bank approved two credit lines to support Eve’s eVTOL development program MELBOURNE, Fla., Dec. 23, 2022 /PRNewswire/ — Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) announced today the approval by the executive board of Brazil’s National Development Bank (“BNDES”) to support Eve’s eVTOL development efforts with two distinct credit lines, totaling $92.5… Continue reading Eve Announces BNDES approval of $92.5 million line of credit to support eVTOL development program
Eve Holding, Inc. Reports Third Quarter 2022 Results
MELBOURNE, Fla., Dec. 23, 2022 /PRNewswire/ — Eve Holding, Inc. (“Eve”) (NYSE: EVEX and EVEXW) reports its third quarter 2022 earnings results. Financial highlights Eve reported a net loss of $36.7 million in 3Q22 versus $3.8 million in 3Q21 driven by higher Research & Development (R&D) expenses and Selling, General & Administrative (SG&A) costs as… Continue reading Eve Holding, Inc. Reports Third Quarter 2022 Results