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Software major Infosys (INFY) has won a multi-year deal from German automotive major Daimler (DMLRY) to drive hybrid-cloud powered innovation and IT infrastructure transformation.As a part of this partnership, automotive IT infrastructure experts based out of Germany, wider Europe, the U...
Battery play Romeo Systems is coming to market. I came across this company scanning the SPAC universe to find lay-ups. The company's filings make the company's projections in presentations look ambitious. I didn't find a great opportunity in the warrants or otherwise in the ca...
European car registrations declined 12% in November to 897,692 units, followed by 7.8% decline in October, as several European governments introduced new measures to contain the second wave of the COVID‑19 pandemic.In November registration slipped 13% for Volkswagen (VWAGY), -11.1% for...
Mercedes-Benz Production network goes electric: Six new MERCEDES-EQ launches by 2022 STUTTGART, Germany , Dec. 14, 2020 /PRNewswire/ -- Mercedes-Benz Sindelfingen plant ( Germany ): Launch of electric luxury sedan EQS in Factory 56 in first half of ...
A bullish article on SA last week placed a value of $2.1 billion on Tesla's accumulated balance of California ZEV credits. In fact, there has been only a limited market for ZEV credits in the last two years as other manufacturers have introduced their own electric vehicles. Tesla'...
November was characterized by a contested U.S. Presidential Election and a series of surprisingly positive and encouraging COVID-19 vaccine news. I am continuing my monthly investment plans and suspiciously follow the massive rally in technology stocks as well as the vaccine-driven re...
Luminar's LIDAR is a strong entrant into a new and growing world of autonomous vehicles. But even under optimistic projections, the stock may not live up to the current share price. Bulls should consider taking profits. For further details see: Take Profits On Luminar Af...
Next Milestone Ambition 2039: The global Mercedes-Benz supply chain is becoming CO2 neutral STUTTGART, Germany , Dec. 7, 2020 /PRNewswire/ -- As part of the Ambition 2039, Mercedes-Benz is pushing ahead with the transformation to CO 2 neutrality w...
It is quite possible that in 10 or 20 years, we will say that 2020 was a key year for Tesla. Tesla has achieved something that in itself is not worth mentioning, but in the case of Tesla, it creates respect. Tesla's business is therefore profitable and has a financially sound foun...
To accelerate ongoing transformation towards electrification and digitization, Mercedes-Benz’s parent company Daimler AG ([[DMLRY]] -0.8%) confirms €70B investment for business plan from 2021 through 2025.Within this business plan period, Mercedes-Benz Cars' R&D expendi...