SHANGHAI, China, Aug. 27, 2020 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer in China’s premium smart electric vehicle market, today announced the commencement of the offering of 75,000,000 American depositary shares (the “ADSs”), each representing one Class A ordinary share of the Company (the “ADS Offering”). The Company intends… Continue reading @Nio: NIO Inc. Announces Proposed Offering of 75,000,000 American Depositary Shares
Tag: Electric vehicles
The Big Tesla Hack: A hacker gained control over the entire fleet, but fortunately he’s a good guy
A few years ago, a hacker managed to exploit vulnerabilities in Tesla’s servers to gain access and control over the automaker’s entire fleet. In July 2017, Tesla CEO Elon Musk got on stage at the National Governors Association in Rhode Island and confirmed that a “fleet-wide hack” is one of Tesla’s biggest concerns as the automaker… Continue reading The Big Tesla Hack: A hacker gained control over the entire fleet, but fortunately he’s a good guy
Europa Press: Peugeot presents the 100% electric Boxer, a van with two levels of autonomy of up to 340 km000209
MADRID, Aug 27 (EUROPA PRESS) – The French car brand Peugeot has presented the 100% electric version of its Boxer commercial vehicle, called the Peugeot e-Boxer, a van with two levels of autonomy of up to 340 kilometers, as reported by the company. With more than 1.25 million vehicles produced and marketed in 110 countries… Continue reading Europa Press: Peugeot presents the 100% electric Boxer, a van with two levels of autonomy of up to 340 km000209
Europa Press: Three ‘made in Spain’ models, among the best-selling cars in Europe in July000203
MADRID, Aug 27 (EUROPA PRESS) – The Renault Captur, Peugeot 2008 and Opel / Vauxhall Corsa models, all manufactured in plants installed in Spain, were among the ten best-selling cars on the European market last July, according to data from Jato Dynamics collected by Europa Press . The Renault Captur, which is manufactured in Valladolid,… Continue reading Europa Press: Three ‘made in Spain’ models, among the best-selling cars in Europe in July000203
China’s Xpeng surges 67% on U.S. debut, raises $1.5 billion in IPO
(Reuters) – Shares of Chinese electric vehicle (EV) maker Xpeng Inc XPEV.N jumped as much as 67% after its U.S. market debut on Thursday, as capital markets continue to reward new listings in what has been one of the best years for IPOs since the dotcom boom. An XPeng Inc. P7 performance electric vehicle is… Continue reading China’s Xpeng surges 67% on U.S. debut, raises $1.5 billion in IPO
FBI Foils Russian Hack at Tesla Factory
Factory Reset The sharp-eyed bloggers at Electrek noticed a fascinating drop today: an FBI complaint detailing how the feds helped foil a plot by Russian hackers to target the electric carmaker’s Nevada Gigafactory with a massive ransomware hack and data breach. Intriguingly, it sounds as though the hackers weren’t just after ransom — they also… Continue reading FBI Foils Russian Hack at Tesla Factory
Bollinger Motors Unveils DELIVER-E™ Delivery Van
“We took our extensive Class 3 electrification knowledge and applied it to the delivery sector,” said Robert Bollinger, CEO of Bollinger Motors. “Our DELIVER-E™ van gives commercial fleets the power to go green and save on ownership costs, while neighborhoods will benefit from a reduction in air and noise pollution.” The front-wheel drive, all-electric DELIVER-E platform… Continue reading Bollinger Motors Unveils DELIVER-E™ Delivery Van
@Groupe PSA: PR NEW PEUGEOT e-BOXER NEXT GEN VAN000132
After achieving a record level of sales for commercial vehicles in 2019 with nearly 274,000 deliveries, the PEUGEOT brand is stepping up its offensive in these segments and adding a new stage to the overall electrification of the range. In addition to the new PEUGEOT e-Expert, the PEUGEOT brand is proud to present the New… Continue reading @Groupe PSA: PR NEW PEUGEOT e-BOXER NEXT GEN VAN000132
Nikola Founder & Executive Chairman Grants 6,005,162 Shares To Early Employees
PHOENIX, Aug. 27, 2020 /PRNewswire/ — 6,005,162 options for shares of common stock in Nikola Corporation have been granted to employees from Trevor Milton’s personal holdings This employee award did not result in any stock dilution as shares underlying the options are granted from the founder’s existing holdings Potential stock value of options granted as… Continue reading Nikola Founder & Executive Chairman Grants 6,005,162 Shares To Early Employees
Valmet Automotive’s car plant is approaching CO2 neutrality ahead of schedule
Valmet Automotive has signed a supply contract for fossil-free district heating to the Uusikaupunki car plant. Together with the earlier supply contract for fossil-free electricity, the car plant has already reduced its CO2 emissions by 70 % since 2019. The car plant is aiming at carbon-neutral production by the end of 2021. Valmet Automotive has entered… Continue reading Valmet Automotive’s car plant is approaching CO2 neutrality ahead of schedule