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The stock has been on a downtrend for the last six months. This downside is in contrast to the flurry of good news as to commercial programs. The company is also making progress on production and getting control on the supply chain. Valuations remained on the high side when co...
Volvo AB (VOLAF): Q2 GAAP EPS of SEK4.38.Revenue of SEK90.6B (+23.8% Y/Y)Press Release For further details see: Volvo AB reports Q2 results
Tramino/iStock Unreleased via Getty Images SPAC Gores Guggenheim (GGPI) rose 5.6% on a report that it's in discussions to take electric-car maker Polestar public in a deal that could value the EV company at more than $10B. A SPAC deal could happen as soon as this year, traders said,...
Volvo Group (VOLVY), Daimler Truck (DDAIF) and the TRATON (TRATF) have signed a non-binding agreement to install and operate a high-performance public charging network for battery electric heavy-duty long-haul trucks and coaches across Europe. The future joint venture equally owned by th...
NVIDIA's tremendous success in gaming and data center overshadowed its exciting automotive business. While small today, this business has the potential of being the company's third leg, along with gaming and data center. The company is well-positioned to be a leader in the emergin...
Volvo Penta (VOLVY) is expanding its capabilities, experience, and range by becoming the majority shareholder of Norwegian marine battery and electric driveline solutions supplier ZEM AS.The financial terms were not disclosed.ZEM has delivered battery solutions to many different applications,...
Sweden's Volvo (VOLVY) (VOLAF) is planning to distribute SEK 9.50 per share to its shareholders out of proceeds received from the sale of its Japan-based UD Trucks business to Isuzu Motors (ISUZY), a deal which was valued at about $2.3B.The distribution amount to about SEK 19B....
BlackBerry Inc (TSX:BB) (NYSE:BB) just landed another partnership. A major auto-maker, the company will use BlackBerry’s QNX software in its vehicles, providing revenue to BlackBerry and increasing its profile. Earlier this year, BlackBerry hit a major stumbling block...
Zhejiang Geely Holding Group (GELYF), Volvo Car Group (VOLVY) and several other electric-vehicle brands is in talks to sponsor a SPAC that could raise $300Mn in a Nasdaq initial public offering - WSJ. Volvo Cars and Geely is also intending to take their ESwedish electric-vehicl...
Markets need consistent, comparable, and reliable sustainability information to better understand these developments and the related environmental, social, and governance (ESG) issues. That's where ESG reporting frameworks and standards, such as those developed by the Sustainability A...
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BlackBerry Inc (TSX:BB) (NYSE:BB) just landed another partnership. A major auto-maker, the company will use BlackBerry’s QNX software in its vehicles, providing revenue to BlackBerry and increasing its profile. Earlier this year, BlackBerry hit a major stumbling block...
GOTHENBURG, Sweden , Oct. 3, 2019 /PRNewswire/ -- The Volvo Group has delivered more than one million connected customer assets, in terms of delivered trucks, buses, and construction equipment. The large amount of data collected is used to improve productivity by increasing vehicle ...
A company with an erratic founder, significant direct report turnover that includes key executives, careening cash levels, and questionable strategy would usually trigger investors' alarm bells. Tesla (NASDAQ: TSLA) CEO Elon Musk has adroitly deflected these concerns with bold reiterat...