Geely electric car brand Zeekr a seeks over $1b in US IPO

Zeekr, one of Chinese automaker Geely’s upmarket electric car brands, has confidentially filed for a U.S. initial public offering, aiming to raise more than $1 billion, three sources with direct knowledge of the matter told Reuters. In what would be the first major Chinese float in the United States in more than a year and… Continue reading Geely electric car brand Zeekr a seeks over $1b in US IPO

Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

SHANNON, Ireland, Dec. 12, 2022 /PRNewswire/ — Airborne Capital announces the closing of its second asset backed securitisation (‘ABS’) transaction, MAST 2022-1. Marathon is the sponsor of the ABS while Airborne Capital is the servicer The $303.7 million ABS offered one tranche of notes, all of which have been privately placed, and secured on a… Continue reading Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

MIPS Partners With Mobileye to Accelerate Next Generation Autonomous Driving Technologies and Advanced Driver Assistance Systems

Mobileye Adopts New MIPS eVocore RISC-V CPUs; RISC-V Architecture to Help Drive Future of Vehicle Safety SAN JOSE, Calif. , Dec. 12, 2022 /PRNewswire/ — MIPS, a leading developer of highly scalable RISC processor IP, announced it is continuing its partnership with Mobileye, in accelerating innovation in autonomous driving technologies and advanced driver-assistance systems (ADAS). As… Continue reading MIPS Partners With Mobileye to Accelerate Next Generation Autonomous Driving Technologies and Advanced Driver Assistance Systems

Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

SHANNON, Ireland, Dec. 12, 2022 /PRNewswire/ — Airborne Capital announces the closing of its second asset backed securitisation (‘ABS’) transaction, MAST 2022-1. Marathon is the sponsor of the ABS while Airborne Capital is the servicer The $303.7 million ABS offered one tranche of notes, all of which have been privately placed, and secured on a… Continue reading Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

SHANNON, Ireland, Dec. 12, 2022 /PRNewswire/ — Airborne Capital announces the closing of its second asset backed securitisation (‘ABS’) transaction, MAST 2022-1. Marathon is the sponsor of the ABS while Airborne Capital is the servicer The $303.7 million ABS offered one tranche of notes, all of which have been privately placed, and secured on a… Continue reading Marathon Asset Management, L.P. (‘Marathon’) closes Aircraft ABS Transaction with Airborne Capital Limited (‘Airborne Capital’) serving as advisor and servicer

Stellantis, DTE announce 2nd-largest clean power deal of its kind in U.S.

Stellantis says it’s committing to a big boost in its clean energy purchases in Michigan in a deal with DTE Energy. The automaker, which owns the Jeep, Ram, Chrysler, Dodge and Fiat brands, issued a joint news release Monday with DTE committing to adding 400 megawatts of new solar projects in Michigan, which the release… Continue reading Stellantis, DTE announce 2nd-largest clean power deal of its kind in U.S.

@Hyundai: 2023 Kia EV6 earns 2022 IIHS Top Safety Pick+ award

2023 Kia EV6 earns 2022 TOP SAFETY PICK+ (TSP+) award 2023 EV6 is the 10th Kia vehicle in 2022 to earn a TOP SAFETY PICK or TOP SAFETY PICK+ designation The 2023 Kia EV6 has been awarded the 2022 Insurance Institute of Highway Safety (IIHS) TOP SAFETY PICK+ (TSP+) rating[1]. The EV6 earned ratings of… Continue reading @Hyundai: 2023 Kia EV6 earns 2022 IIHS Top Safety Pick+ award

What’s on the Radio? In Formula 1 Racing, It’s the Engineer.

Formula 1 drivers may look like they are alone in the car, but with the press of a button, they can turn to their teams for support and guidance. Radio communication is an important part of Formula 1 races. Drivers have a button on their steering wheel that will activate their radio, allowing them to… Continue reading What’s on the Radio? In Formula 1 Racing, It’s the Engineer.

Rivian and Mercedes ‘pause’ plans to produce electric commercial van

Rivian and Mercedes-Benz have paused plans to produce electric commercial vans in Europe just three months after the two automakers announced the partnership. Rivian shares fell as much as 3.4% before rebounding slightly. Rivian shares are trading at $26.62, down 2.46% since the market opened. Mathias Geisen, head of Mercedes-Benz Vans, said the collaboration with… Continue reading Rivian and Mercedes ‘pause’ plans to produce electric commercial van

Trimble to Acquire Transporeon to Strengthen and Accelerate Connect & Scale Strategy

Scaled Cloud-Based Transportation Management Platform High Growth & Profitable Software Leader Expands Trimble’s Addressable Market Expected to be Immediately Accretive to Pro Forma Revenue Growth and Non-GAAP Operating Margin WESTMINSTER, Colo., Dec. 12, 2022 /PRNewswire/ — Trimble (NASDAQ: TRMB) announced today that it has agreed to acquire Transporeon, a leading cloud-based transportation management software platform,… Continue reading Trimble to Acquire Transporeon to Strengthen and Accelerate Connect & Scale Strategy