Sunday, December 22

Tag: JP:7201

Nissan to Buy Back $824 Mln Stake From Renault
12Dec By adminNo Comments
World

Nissan to Buy Back $824 Mln Stake From Renault

Renault plans to sell a 5% stake in Nissan Motor back to the Japanese carmaker for up to 765 million euros ($823.6 million).The French company said Tuesday that the sale of the Nissan shares could result in a capital loss of up to EUR1.5 billion which would hit net profit in its own accounts. This is the maximum amount and could be adjusted at year-end, Renault said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Latest EV Stocks Face Uncertain Reception in New York
29Nov By adminNo Comments
Money

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Latest EV Stocks Face Uncertain Reception in New York
29Nov By adminNo Comments
World

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nissan to Ramp Up EV, Battery Business in U.K. With Over $2 Billion Investment
25Nov By adminNo Comments
World

Nissan to Ramp Up EV, Battery Business in U.K. With Over $2 Billion Investment

Updated Nov. 24, 2023 4:17 am ETNissan Motor is expanding its electric vehicles and battery manufacturing capacity in the U.K. with investments of up to 3.0 billion pounds ($2.39 billion) as the carmaker pushes to have an all-electric lineup in Europe.The Japanese company plans to add a third gigafactory and produce two additional models at its EV hub in Sunderland, it said Friday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nissan Motor to Invest Over $2 Billion in EV, Battery Business in U.K.
24Nov By adminNo Comments
World

Nissan Motor to Invest Over $2 Billion in EV, Battery Business in U.K.

Updated Nov. 24, 2023 2:52 am ETNissan Motor plans to invest up to three billion pounds ($2.39 billion) in electric vehicles, battery production and infrastructure in the U.K., it said Friday.The Japanese automaker said it plans to expand its EV hub in Sunderland, which will now comprise three gigafactories.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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