Chinese owner of Lotus Technology to list a stake in US via blank cheque firm EV maker and R&D arm of car group owned by Geely planning to join Nasdaq in deal with Spac backed by Bernard Arnault The interior of the Lotus Eletre performance SUV electric car seen at the Brussels Expo in January… Continue reading Chinese owner of Lotus Technology to list a stake in US via blank cheque firm
Tag: Lotus
Industry digest: Positive mindset key to business expansion
During a recent business conversation, a senior automotive executive was complaining about the difficulty of finding suitable recruits to support their company’s expansion. I suggested a different way of looking at the issue. What great news that the company is growing; now let’s find the right people. My point is that if you start with the… Continue reading Industry digest: Positive mindset key to business expansion
Sunrun taps startup to operate ‘power plants’ of its home solar systems
Sunrun has been pursuing VPPs as a means of leveraging the value of its customers’ 48,000 home battery systems. By Nichola Groom U.S. residential solar company Sunrun Inc has teamed up with startup Lunar Energy Inc to operate virtual power plants (VPPs) of home solar and storage systems, a step toward transforming its vast customer… Continue reading Sunrun taps startup to operate ‘power plants’ of its home solar systems
EV maker Lotus Tech plans U.S. IPO via deal with SPAC L Catterton
The valuation takes into account $288 million of cash in LCAA’s trust account. Lotus Technology will go public in the United States via a merger with special purpose acquisition company L Catterton Asia Acquisition Corp in a deal that will value the combined group at $5.4 billion, people familiar with the matter said on Tuesday.… Continue reading EV maker Lotus Tech plans U.S. IPO via deal with SPAC L Catterton
Geely to float arm of carmaker Lotus via $5.4bn deal with LVMH vehicle
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Geely to float arm of carmaker Lotus via $5.4bn deal with LVMH vehicle
EV maker Lotus Tech inks deal with L Catterton’s SPAC to go public in the USLotus Tech is the luxury arm of Group Lotus, owned by China’s Geely and Ma…
Lotus Tech on Tuesday said it has inked a deal with the special purpose acquisition company (SPAC) L Catterton Asia Acquisition Corp (LCAA), following which the Chinese luxury electric vehicle maker will list in the US. As per the deal, the merged entity will list on the Nasdaq and have an enterprise value of $5.4… Continue reading EV maker Lotus Tech inks deal with L Catterton’s SPAC to go public in the USLotus Tech is the luxury arm of Group Lotus, owned by China’s Geely and Ma…
Clean Technica: Elon Musk’s DC Visit Stirs EV Charging Standardization Pot, Again002554
Tesla CEO Elon Musk set the Intertubes humming yet again on Friday, when Reuters scooped the news that he met with two high-level Biden administration officials in Washington, DC. Electric vehicle production and EV charging station buildout were reportedly on the menu. That raises the question of whether or not Tesla will agree to a… Continue reading Clean Technica: Elon Musk’s DC Visit Stirs EV Charging Standardization Pot, Again002554
Now is the time to build your own supercar – which one would you … – The Telegraph
Napoleon once described Britain as a nation of shopkeepers, but the midnight oil is now burning brightest in our garage workshops. Locked up for weeks on end during the pandemic, a growing band of “garagistas” rediscovered their DIY skills and made busy with the toolbox. Despite “garagistas” being intended as a derogatory term for privateer… Continue reading Now is the time to build your own supercar – which one would you … – The Telegraph
@niche: THINKIN’ ‘BOUT THE TIMES I DROVE IN MY CAR, PART I.002466
By Peter M. DeLorenzo Detroit. It’s 3:00 a.m., so often my normal writing time, and it’s time to get it into gear. This business is so dominated by betting on the come of the battery electric vehicle explosion that I’m afraid this industry may have completely lost the plot. Yes, I know, this is nothing exactly… Continue reading @niche: THINKIN’ ‘BOUT THE TIMES I DROVE IN MY CAR, PART I.002466
Bentley, Cowgills and Sedulo: The 19 latest North West hires and promotions – Business Live
Businesses based all over the North West companies have made a whole host of top hires and promotions over the last week. The likes of a luxury car maker and expanding law firms are among those to have made major moves. Below, BusinessLive rounds up the latest hires and promotions that we feel you should… Continue reading Bentley, Cowgills and Sedulo: The 19 latest North West hires and promotions – Business Live