Green Car Congress
MARCH 4, 2021
All car manufacturers seem to be following in the same footsteps as Tesla. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% in the April report for the Institute for Supply Management’s Manufacturing Index.
Green Car Congress
JULY 3, 2020
Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., The stake will give Daimler the option to nominate a representative for a seat on the supervisory board of the battery cell manufacturer. including taking an equity stake.
Green Car Congress
JULY 29, 2023
BASF has completed the carve-out of its mobile emissions catalysts and precious metal services businesses and named the separate legal entity BASF Environmental Catalyst and Metal Solutions (ECMS). ECMS has global operations in 15 countries with more than 4,500 employees and 20 production sites. Earlier post.)
Green Car Congress
MAY 3, 2022
Nikola intends to use the net proceeds from the sale of the Notes along with its other liquidity sources for business expansion in the form of scaling truck manufacturing and tooling setup, accelerating the development of its hydrogen infrastructure, as well as for general corporate purposes. Citigroup Global Markets Inc.
Green Car Congress
MARCH 5, 2020
Nikola has logged more than $10 billion in pre-order leases to date; its joint venture with European industrial vehicle manufacturer IVECO make it a viable competitor to other OEMs. In our two-year quest to find a partner that was a proven technology leader and focused on making a global difference, Nikola was the clear winner.
Green Car Congress
NOVEMBER 3, 2021
—,Eric Cin, global director, Vehicle Personalization, Accessories and Licensing. Globally, the vehicle performance parts and accessories industry generates approximately $50 billion annually; that covers hardware for everything from hot rods to off-road vehicles, and from mobile electronics to vehicle accessories.
Green Car Congress
JUNE 28, 2023
Under the partnership, Lordstown agreed to divest its most valuable assets to Foxconn, namely its Lordstown, Ohio manufacturing facility—one of the largest in North America—along with its manufacturing and operational employees. Earlier post.) Earlier post.)
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