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Bridgestone to acquire TomTom’s telematics business for $1B in cash

Green Car Congress

Bridgestone Corporation announced that its subsidiary Bridgestone Europe NV/SA, has entered into an agreement with TomTom to acquire TomTom Telematics, its digital fleet solutions business, for a cash consideration of €910 million (US$1.034 billion). —Harold Goddijn, CEO, TomTom.

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Is Your EV Charging Business Prepared to Scale?

Driivz

If your growth plans call for mergers and acquisitions, are you prepared to address the associated financial, legal, and operational challenges? Support industry protocols standards and interconnect with other networks and roaming platforms . First name * Last name * Company name * Corporate Email *. Contact us to learn more.

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Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Green Car Congress

Avis Budget sees car-sharing as a rapidly growing component of the mobility industry, with Zipcar well positioned for the opportunity. Avis Budget Group expects to fund the purchase price primarily with incremental corporate debt borrowings, as well as available cash. Source: Avis Budget. Click to enlarge.

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National Academies’ Gulf Research Program awards $10.8M to address systemic risk in offshore oil and gas operations

Green Car Congress

Well leakage through cement is a problem that increases maintenance costs and poses threats to surrounding communities and the environment. Florida Maxima Corporation. This information could help with detection of issues that could affect decision-making processes and inform intervention and mitigation efforts to address those issues.

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How the IBM PC Won, Then Lost, the Personal Computer Market

Cars That Think

By 1980, customers in many industries were telling their IBM contacts to enter the fray. The product also had to attract corporate customers, although it was unclear how many of those there would be. Corporate users who did not want to rely on their company's centralized data centers began turning to these new machines.

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EV Manufacturers Should Consider the Benefits of Powder Coatings

Clean Fleet Report

Parts with short life cycles last longer, and manufacturers waste less money on unnecessary repairs, maintenance and production. Why are they not yet the industry standard? Excessive under-the-hood preventive maintenance decreases , and long-term wear from moisture and chemicals becomes less impactful.

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Investigation Faults Ford Battery Supply Over National Security Issues

The Truth About Cars

& Due to China absolutely dominating in terms of global battery production, there’s almost no way to have domestic EV proliferation without there being some serious industrial overlap. & But the important takeaway is that the industry is frequently accused of misbehaving and it rarely seems to go anywhere. .&

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