Motor vehicle

EQS-News: HPW Metallwerk positions itself for further growth in the field of e-mobility with new chief financial officer

Retrieved on: 
Thursday, February 2, 2023

Linz, 1 February 2023 – HPW Metallwerk GmbH (HPW), a manufacturer of high-performance copper wires for e-mobility, wind power and other industrial applications, has a new chief financial officer (CFO) in Michael Guger since February 1, 2023.

Key Points: 
  • Linz, 1 February 2023 – HPW Metallwerk GmbH (HPW), a manufacturer of high-performance copper wires for e-mobility, wind power and other industrial applications, has a new chief financial officer (CFO) in Michael Guger since February 1, 2023.
  • Michael Guger has long term experience in the finance sector of technology and industry companies.
  • Before joining HPW, he worked for many years as Head of Treasury at an international automotive supplier.
  • With him, we are well positioned for HPW’s further growth and continued expansion in the areas of e-mobility and renewable energies.

EQS-News: Mutares successfully completes acquisition of Peugeot Motocycles

Retrieved on: 
Thursday, February 2, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Munich, 01 February 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) today announced that it has successfully completed the acquisition of 50% equity and a controlling stake of 80% in Peugeot Motocycles (PMTC) from Mahindra & Mahindra (M&M).
  • M&M will remain a co-shareholder to support new product launches and the strong growth expected in the coming years.
  • Peugeot Motocycles designs and manufactures two-and three-wheelers, which are distributed through 3,000 points of sale by subsidiaries, importers, and dealers in France and internationally, across three continents.

Invibes Advertising NV: Half-yearly report on the liquidity contract

Retrieved on: 
Thursday, February 2, 2023

It recalled that at the time of the half-yearly report at 30/06/2022, the following resources were included in the liquidity account:

Key Points: 

It recalled that at the time of the half-yearly report at 30/06/2022, the following resources were included in the liquidity account:
It is recalled that when the new liquidity contract was set up on 17/11/2021, the following means were made available:

EQS-News: DEUTZ AG: DEUTZ enters into cooperation with Daimler Truck to develop and market medium- and heavy-duty engines

Retrieved on: 
Thursday, February 2, 2023

Daimler Truck will take a 4.19 percent stake in DEUTZ AG, becoming a large shareholder.

Key Points: 
  • Daimler Truck will take a 4.19 percent stake in DEUTZ AG, becoming a large shareholder.
  • Today, DEUTZ AG (DEUTZ) and Daimler Truck AG (Daimler Truck) signed agreements giving DEUTZ access to Daimler engines by end of the decade.
  • These include both medium-duty engines (Daimler Truck MDEG series), which are suitable for use in applications such as construction equipment, and heavy-duty engines (Daimler Truck HDEP series), which can be used to power heavy agricultural machinery, for example.
  • DEUTZ will acquire license rights from Daimler Truck so that it can further develop the heavy-duty Daimler Truck HDEP series for use in off-highway applications.

EQS-News: FRIWO AG: E-mobility joint venture of FRIWO and UNO MINDA receives orders worth ~400 million euros for two- and three-wheelers with electric drive in India

Retrieved on: 
Thursday, February 2, 2023

The orders are expected to lead to sales in the years 2023 to 2026.

Key Points: 
  • The orders are expected to lead to sales in the years 2023 to 2026.
  • UNO MINDA will be financing and building the production facility and subleasing it to the joint venture.
  • And this does not have to be the end of the success story we are writing with our partner UNO MINDA.
  • In addition, the company will receive positive earnings in proportion to its stake in the joint venture.

Blackrock Silver Enters into Option Agreement with Tearlach Resources to Develop the Tonopah North Lithium Project

Retrieved on: 
Tuesday, January 10, 2023

Information concerning the discovery of lithium during the Company's first exploration drill program on the Tonopah North Project was announced in the Company's news release dated October 25, 2022.

Key Points: 
  • Information concerning the discovery of lithium during the Company's first exploration drill program on the Tonopah North Project was announced in the Company's news release dated October 25, 2022.
  • The exploration and development rights conferred to Tearlach under the Option Agreement in respect of the Tonopah North Project are exclusive to lithium minerals in the Optioned Zone.
  • Subject to the terms of the Option Agreement, Blackrock retains and reserves the rights to explore for, develop and mine all minerals (including gold and silver) other than lithium on the entire Tonopah North Project, including the Optioned Zone.
  • Upon Tearlach completing the Initial Earn-In and exercising the First Option, Tearlach and Blackrock Gold shall enter into a definitive mining joint venture agreement (the "Joint Venture Agreement") in respect of the management and ownership of the Optioned Zone of the Tonopah North Project (the "Joint Venture").

LEM Helps North American E-Mobility Market Expand With UL-Certified DC Meter for Rapid EV Chargers

Retrieved on: 
Tuesday, January 17, 2023

The DCBM 400/600 complies with the standards UL 61010 and UL 810 with its certification in the FTRZ category for EV applications.

Key Points: 
  • The DCBM 400/600 complies with the standards UL 61010 and UL 810 with its certification in the FTRZ category for EV applications.
  • To achieve this, EV users need a 'gas-station'-like experience so vehicle charging times need to be reduced to just a few minutes.
  • However, while this method boosts charging power, the conversion stage generates power losses - costs that are not covered by the EV owner.
  • Through its innovative electrical solutions, LEM is helping customers and society accelerate the transition to a sustainable future.

Knudt Flor, Former CEO of BMW Manufacturing, Joins South Carolina Startup Delta Bravo Artificial Intelligence

Retrieved on: 
Tuesday, January 17, 2023

ROCK HILL, S.C., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Retired BMW Manufacturing CEO Knudt Flor has been appointed to the newly created advisory board at predictive analytics company Delta Bravo.

Key Points: 
  • ROCK HILL, S.C., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Retired BMW Manufacturing CEO Knudt Flor has been appointed to the newly created advisory board at predictive analytics company Delta Bravo.
  • Prior to retiring in September 2021, Flor oversaw BMW Plant Spartanburg, the largest BMW Group plant in the world.
  • "When I met the Delta Bravo team, I was immediately impressed by what they were doing," said Flor.
  • "We are very fortunate to have someone of Knudt's caliber on our Advisory Board," said Rick Oppedisano, founder and CEO of Delta Bravo.

VivoPower Announces Strategic Investment, Financing and Development Update for Tembo

Retrieved on: 
Friday, January 13, 2023

LONDON, Jan. 13, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to provide a strategic investment, financing and development update for its wholly owned subsidiary, Tembo e-LV B.V. (“Tembo”).

Key Points: 
  • LONDON, Jan. 13, 2023 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the “Company”) is pleased to provide a strategic investment, financing and development update for its wholly owned subsidiary, Tembo e-LV B.V. (“Tembo”).
  • Tembo and Toyota Motor Corporation Australia Limited (“Toyota Australia”) have now concluded the Design Services Agreement with Toyota Australia for the LandCruiser 70 Series.
  • VivoPower and Toyota Australia will each continue to explore opportunities as part of their commitments to a sustainable future.
  • VivoPower will continue to retain a majority shareholding in Tembo.

Sibros Selected by Mahindra to Elevate Over-the-Air Technology of its Born Electric SUV Portfolio and INGLO EV Platform

Retrieved on: 
Thursday, January 12, 2023

As India’s pioneering SUV manufacturer, Mahindra unveiled its Born Electric Vision in August last year at Mahindra Advanced Design Europe (M.A.D.E), UK that encompasses five new electric SUVs positioned under its well-known XUV brand and an all-new electric only brand called BE.

Key Points: 
  • As India’s pioneering SUV manufacturer, Mahindra unveiled its Born Electric Vision in August last year at Mahindra Advanced Design Europe (M.A.D.E), UK that encompasses five new electric SUVs positioned under its well-known XUV brand and an all-new electric only brand called BE.
  • The new fully electric SUVs will be built in Mahindra’s new state-of-the-art EV manufacturing facility at Pune, India.
  • Sibros will deploy its Deep Logger and Deep Updater in-vehicle and cloud products on Mahindra’s INGLO EV platform (the backbone of its new EV architecture) and IoT cloud.
  • “Sibros brings fresh thinking and technology to complement Mahindra’s EV strategy as we focus on creating transformative value for customers through intelligently connected and digitally immersive experiences.”