The body and chassis of a Ford pre-production all-electric F-150 Lightning truck prototype are seen at the Rouge Electric Vehicle Center in Dearborn, Michigan, U.S. September 16, 2021. REUTERS/Rebecca Cook/File Photo/File Photo Nov 4 (Reuters) – Ford Motor Co (F.N) said it plans to retire up to $5 billion in high-interest debt and tap into… Continue reading Sustainable BusinessFord to retire $5 billion in high-interest debt, issue green bondsNovember 4, 2021
Tag: Strategy
@Daimler: Mercedes-AMG Motorsport expands esports involvement and initially starts with five esports teams in 2021 DNLS
Affalterbach. Mercedes-AMG Motorsport is further expanding its esports programme and is starting the third Digital Nürburgring Endurance Series (DNLS) presented by Goodyear season with a total of five Performance Teams. The season-opening event in the virtual Green Hell, the H&R 3h race, will be taking place on Sunday. Mercedes-AMG Motorsport expands esports programme Five Mercedes-AMG… Continue reading @Daimler: Mercedes-AMG Motorsport expands esports involvement and initially starts with five esports teams in 2021 DNLS
@Toyota: The Formulation of an Investment Strategy to Achieve Carbon Neutrality
Toyota Tsusho Corporation (“Toyota Tsusho”) has announced that it will proceed 1.6 trillion yen scale investment by 2030 for the achievement of carbon neutrality, and it will introduce two new internal systems to accomplish the greenhouse gas (“GHG”) emission reduction targets it announced in July. Go to Source
@Ford: Ford, Ford Credit Introduce Sustainable Financing Framework Prioritizing EV, Clean Production, Community Investments
First-of-its-kind framework among North America-based automakers supports Ford+ plan to grow, create value for customers, investors, other stakeholders Will guide Ford’s leadership in sustainability and investments in four key areas, including developing battery electric vehicles and clean manufacturing Framework achieved highest-possible ‘advanced’ rating from Vigeo Eiris, which is globally recognized for its assessments of ESG… Continue reading @Ford: Ford, Ford Credit Introduce Sustainable Financing Framework Prioritizing EV, Clean Production, Community Investments
Nikola sets aside $125 million to settle with SEC
Electric truck developer Nikola Corp. is in talks with the U.S. Securities Exchange Commission to pay a $125 million civil penalty, part of an ongoing probe by the regulator into whether the company mislead investors, the company reported in its third-quarter earnings. Nikola would pay the settlement in installments, and had earmarked the funds in… Continue reading Nikola sets aside $125 million to settle with SEC
ALYI To Increase EV Revenue Potential With Acquisition Into $3.3 Billion Regional Market
DALLAS, Nov. 4, 2021 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) (“ALYI”) today confirmed ALYI CEO Randell Torno will be in Nairobi next week and London the following week in conjunction with the anticipated closing of the two acquisitions. ALYI is an Electric Vehicle and overall Electric Vehicle Ecosystem company concentrating on the East African… Continue reading ALYI To Increase EV Revenue Potential With Acquisition Into $3.3 Billion Regional Market
Nikola Corporation Reports Third Quarter 2021 Results
PHOENIX, Nov. 4, 2021 /PRNewswire/ — Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results for the quarter ended September 30, 2021. “During the third quarter, we continued to execute on our business plan,” said Mark Russell, Nikola’s Chief Executive Officer. “Validation of the Nikola Tre BEV is progressing, with… Continue reading Nikola Corporation Reports Third Quarter 2021 Results
Technology · 9:41 AM UTCS.Korea’s SK On to invest $2.5 bln to build new EV battery factory in China -govt mediaThe battery unit of South Korea’s SK In…
The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji SEOUL, Nov 4 (Reuters) – The battery unit of South Korea’s SK Innovation Co Ltd (096770.KS) plans to invest $2.53 billion to build a new electric vehicle (EV) battery factory in China, China’s local… Continue reading Technology · 9:41 AM UTCS.Korea’s SK On to invest $2.5 bln to build new EV battery factory in China -govt mediaThe battery unit of South Korea’s SK In…
@niche: Press Lordstown Motors Appoints Adam B. Kroll as Chief Financial Officer001377
LORDSTOWN, Ohio, Oct. 13, 2021 (GLOBE NEWSWIRE) — Lordstown Motors Corp. (“Lordstown Motors” or “LMC”) (Nasdaq: RIDE) announced today that its Board of Directors has elected Adam B. Kroll as Executive Vice President and Chief Financial Officer, effective October 25th, 2021. Mr. Kroll will replace Rebecca Roof, Interim Chief Financial Officer who will remain with… Continue reading @niche: Press Lordstown Motors Appoints Adam B. Kroll as Chief Financial Officer001377
EV Technology Group announces strategic investment in MOKE International Limited
Other investors include the filmmaker Matthew Vaughn and the people behind brands including Vilebrequin and Fiat Chrysler ZUG, Switzerland, Nov. 4, 2021 /PRNewswire/ — EV Technology Group Inc. (“EVT”) has announced that it has made a strategic lead investment in MOKE International Limited (“MIL”), the official producer of MOKE vehicles since 2015 when it acquired… Continue reading EV Technology Group announces strategic investment in MOKE International Limited