NEW YORK, June 7 (Reuters) – Cosworth, the British automotive engineering company famous for the engines it once made for Formula One racing teams, plans an initial public offering (IPO) in New York as early as next year, Chairman Kevin Kalkhoven said on Thursday. Cosworth has broadened its focus in recent years from manufacturing engines… Continue reading British automotive company Cosworth eyes New York IPO in 2019
Tag: M and A
Lime brings electric scooters to LA
While electric scooter startups are at a standstill in San Francisco, Lime is taking its scooter service to Santa Monica, Calif. — competitor Bird’s home turf. Lime was planning to launch its new model of scooter that it built in partnership with Segway in San Francisco last month, it’s now debuting them in the Los Angeles… Continue reading Lime brings electric scooters to LA
Tencent-backed used car auction platform Tiantian Paiche secures $100m
June 7, 2018 Tiantian Paiche, a Shanghai-based used car online platform that counts Tencent among its early backers, has raised $100 million from Autohome, an online portal for automobile consumers in China. On its Wechat account, the company said Autohome was the sole investor in the corporate round. The investor has also obtained the right… Continue reading Tencent-backed used car auction platform Tiantian Paiche secures $100m
GM Expands Honda Partnership With Electric-Car Battery Tie-Up
LISTEN TO ARTICLE SHARE THIS ARTICLE General Motors Co. agreed to collaborate with Honda Motor Co. on electric-vehicle batteries, expanding cooperation between the U.S. and Japanese automakers on next-generation powertrains for cleaner cars. Honda intends to use cells and modules from the largest U.S. automaker in electric vehicles built mostly for the North American market,… Continue reading GM Expands Honda Partnership With Electric-Car Battery Tie-Up
UPDATE 1-GM to sell new electric car batteries to Honda in North America
(Reuters) – General Motors Co will supply advanced batteries to Japan’s Honda Motor Co, the companies said Thursday, a move that could significantly reduce the cost of future electric vehicles at both automakers after 2020. FILE PHOTO – The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March… Continue reading UPDATE 1-GM to sell new electric car batteries to Honda in North America
Lyft redesigns rider app to encourage shared rides
Lyft has revamped its rider app in an attempt to help people get where they’re going faster. Instead of first asking for pickup information, the app will now ask where you’re going, which Uber first started asking in 2016. The app is also designed to encourage more shared rides. Oh, and Lyft is now no… Continue reading Lyft redesigns rider app to encourage shared rides
GM to sell new electric car batteries to Honda in North America
(Reuters) – General Motors Co will supply advanced batteries to Japan’s Honda Motor Co, the companies said Thursday, a move that could significantly reduce the cost of future electric vehicles at both automakers after 2020. FILE PHOTO – The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March… Continue reading GM to sell new electric car batteries to Honda in North America
Honda Partners on General Motors’ Next Gen Battery Development
General Motors Co. (NYSE: GM) and Honda (NYSE: HMC) announced an agreement for new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. The next-generation battery will deliver higher energy density, smaller packaging and faster charging capabilities for both companies’ future products, mainly for the North American… Continue reading Honda Partners on General Motors’ Next Gen Battery Development
GM and Honda are partnering to build next-gen batteries for electric vehicles
GM and Honda are both aiming to get more serious about electric vehicles and that means securing a supply of high-performance batteries. In order to achieve that, the two major automakers are announcing today a new partnership to build next-gen batteries for electric vehicles. Home Solar Power The goal will be to develop “new advanced… Continue reading GM and Honda are partnering to build next-gen batteries for electric vehicles
GM Teams With Honda To Develop Next-Gen Advanced Battery
It’s an unexpected partnership on battery development that we didn’t see coming. But we welcome it for sure. More Battery Info Just moments ago, General Motors and Honda jointly announced this: “…an agreement for new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. The next-generation battery… Continue reading GM Teams With Honda To Develop Next-Gen Advanced Battery