With 70% ownership of the shares, Magna International Inc. (TSE:MG) is heavily dominated by institutional owners

Key Insights Given the large stake in the stock by institutions, Magna International’s stock price might be vulnerable to their trading decisions The top 25 shareholders own 48% of the company Insiders have sold recently If you want to know who really controls Magna International Inc. (TSE:MG), then you’ll have to look at the makeup… Continue reading With 70% ownership of the shares, Magna International Inc. (TSE:MG) is heavily dominated by institutional owners

Pinnacle Industries to commission 5,000-unit e-bus plant in Chakan in September 

Pune-based Tier-1 seating systems’ supplier Pinnacle Industries, which manufactures seats for buses and ambulances, is readying to set up a new e-bus manufacturing plant in Chakan, Maharashtra for its EV business vertical, Eka Mobility.  The company is setting up the 5,000-unit annual capacity plant for its EV subsidiary – Eka Mobility – which manufactures electric buses in… Continue reading Pinnacle Industries to commission 5,000-unit e-bus plant in Chakan in September 

Pinnacle Industries to commission 5,000-unit e-bus plant in Chakan in September 

Pune-based Tier-1 seating systems’ supplier Pinnacle Industries, which manufactures seats for buses and ambulances, is readying to set up a new e-bus manufacturing plant in Chakan, Maharashtra for its EV business vertical, Eka Mobility.  The company is setting up the 5,000-unit annual capacity plant for its EV subsidiary – Eka Mobility – which manufactures electric buses in… Continue reading Pinnacle Industries to commission 5,000-unit e-bus plant in Chakan in September 

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ — Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV… Continue reading Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ — Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV… Continue reading Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ — Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV… Continue reading Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ — Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV… Continue reading Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ — Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV… Continue reading Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ — Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV… Continue reading Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

@Fisker: Fisker Electrified Tour Starts Today With Stops in 17 Cities Across 11 US States 000208

LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, starts a country-wide Fisker Electrified Tour across 17 cities in 11 US states. The Fisker Electrified Tour begins in Sunrise, FL and Nashville, TN offering prospective customers the opportunity to test drive the award-winning… Continue reading @Fisker: Fisker Electrified Tour Starts Today With Stops in 17 Cities Across 11 US States 000208